About to buy a 2008 Yaris from private owner

[Forrest]

Originally Posted by iwantayarisnyc

it's a 2008, with 10k miles only , hatchback. Base model auto

We settle to a price of 10000

the question is i'm worried about the title. she says it's a clean title and it's paid off. she said she bought it in april, but NOT in full. She took out a 10,000 dollar loan on it(down payment unknown, don't know her full price plus taxes)

But she said she eventually just paid it off in full. How to prove this?

I am just worried that she can hand me a fake title(saying there is no lien on it)

Is this possible? Any precautions? Just worried I will be taking on the remaining loan.

Thanks so much!

If the leinholder on the title was paid off, the finance co or bank issues a DMV form which is signed by the finance co and states the lein was paid off. Ask for a copy of the title and the paid off DMV form and go to Motor Vehicles to verify this was paid off before you buy. They can verify if leinholder has been satisfied. If not then do not buy as you would be stuck with a car that can be repo if loan not paid.