As a car dealer, dealing with title and registration issues is probably an everyday part of your business. You might have found that handling car titles and registration can be a big pain, but there are ways that you can make things easier for yourself. A few ways that you can eliminate title and registration issues and improve the process for yourself and your dealership are listed here, so consider making these changes to improve your small auto dealership.
1. Learn the Title and Registration Laws in Your State
First of all, it is very important for you to be up-to-date on all of the title and registration laws in your state. Not only can you use this information to help you with your day-to-day title and registration tasks, but you can also assist customers who might have questions about the process that they will have to go through when purchasing a car from you.
2. Keep Paperwork Organized
In many states, you have to have the actual original copy of your vehicle titles, and you might be required to have other paperwork, too. Make sure that you keep good, accurate and well-organized records of the titles and other paperwork for all of the vehicles on your lot. This will make it much easier for you to find the title that you need when you need it.
3. Hire a Notary
You might be required to sign and notarize car titles when you sell cars, and your customers might be required to sign and notarize documents when they purchase or trade in cars at your dealership. Having someone on your staff who is a notary will help a lot with that. Then, you will be able to handle these matters quickly without having to go off-site to have paperwork notarized.
4. Use a Car Title Service
There are companies out there that offer car title services for auto dealers like you. These companies can help you with things like speeding up the process of receiving titles for vehicles that you have purchased or that customers have used as a trade-in for a vehicle that they have purchased on your lot. They can also help you with transferring titles to the new owners after people buy vehicles at your dealership. You do not have to be the owner of a large car dealership to take advantage of services like these, either; in fact, many smaller car dealerships actually make use of these services, too.