The Expert Podcast

• Did you know that your car can be sold if it's towed and not picked up in time? In many states, there’s a law that allows cars to be auctioned off just days after being impounded, often within 15 days.
• It's crucial to keep track of your car title and know where it is at all times. Without it, you risk losing your car permanently.
• Key Points:
  • What happens if your car gets towed?
    • If you don't have your car title, you might be unable to retrieve your vehicle. Some states may auction it off within weeks if you don't act fast.
  • How to keep your title safe:
    • Check on your title at least once a year. Make sure it's in a safe place like a file cabinet or safe deposit box.
    • Vehicle registration is renewed annually, but the title is a one-time document that doesn’t expire.
  • What to do if you bought a used car:
    • If you haven’t transferred the title into your name (e.g., buying a car from Craigslist), it can be a nightmare if you lose it. You won’t be able to request a duplicate until it's in your name.
  • Why transferring your title is important:
    • If you buy a car and still have a loan, make sure the title reflects the loan payoff. If you lose the title, you’ll face complications with getting a duplicate and possibly even the DMV.
• Call to Action:
  • Check your car title today! Make sure it’s up-to-date and safely stored to avoid problems down the road.