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NY State title issue

Discussion in 'New York Tri-State' started by lor2435, Jan 25, 2014.

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  1. lor2435

    lor2435 Formula 3

    Nov 6, 2005
    1,009
    NYC
    #1 lor2435, Jan 25, 2014
    So I bought an S4 wagon in a private sale at the end of June with a loan from key bank and received a NY state title dated 9/23/13. No lien was listed on this title and listed a mileage of 93569. Key bank asked for a copy of the title which I sent immediately.

    Last week I received a new NY State title dated 1/13/14, showing key as a lien holder and still showing 93569 as the mileage. The new title has a new title number.

    What issues will this cause me? Carfax will show an additional owner and maybe a mileage issue.
     
  2. JOEA2

    JOEA2 Formula 3

    Feb 2, 2006
    1,225
    Staten Island, N.Y./ Sea Girt,N.J.
    Full Name:
    Joe A
    #2 JOEA2, Jan 26, 2014
    You should have corrected the mileage right away. Try doing it now.

    Joe
     
  3. lor2435

    lor2435 Formula 3

    Nov 6, 2005
    1,009
    NYC
    #3 lor2435, Jan 26, 2014
    I was completely unaware a new title was being created.

    I guess I bring this up with DMV?
     
  4. Alcav5

    Alcav5 F1 Rookie
    Rossa Subscribed

    Jul 28, 2012
    4,082
    Scarsdale, NY
    Full Name:
    Al
    #4 Alcav5, Jan 26, 2014
    I do not see anything wrong. All they did was correct the title, it has happened to me. I do not believe the mileage needs to reflect when the new title was issued only when ownership changed. You will have no issues when you sell or transfer imo...
     
  5. JOEA2

    JOEA2 Formula 3

    Feb 2, 2006
    1,225
    Staten Island, N.Y./ Sea Girt,N.J.
    Full Name:
    Joe A
    #5 JOEA2, Jan 26, 2014
    I assumed mileage was wrong from the start?

    Joe
     

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