by Armando Martinez
License Plate Transfer Process in Idaho
When selling your car in a private party sale in Idaho, the license plates stay with you, the seller. Before completing the sale, remove the license plates and keep them if you want to transfer them to another vehicle and get a credit for any time remaining on your registration. Regardless, you do need to file a Notice of Release of Liability (form ITD 3858) in person with the DMV along with a $3.50 fee, or this can be done online at https://dmvonline.itd.idaho.gov/ . This protects you from future liability for any accidents or citations involving the vehicle after the sale.
To transfer ownership of the vehicle, the seller must provide the buyer with a Bill of Sale and the vehicle's title, properly signed off by the seller. The title should be signed and include the true selling price, date of sale, and odometer reading.
If there is a lien on the vehicle, the lien holder will have possession of the title until the loan is paid off. Once the loan is paid off, the lien holder will release the title to the seller or the buyer.
License Plate Fees in Idaho
In Idaho, the license plate fees can vary based on the type of vehicle and other factors. Here are some of the fees you may need to pay:
- Title fee: $14
- Registration fee: $69 for passenger vehicles, $24 for motorcycles, and $4 for trailers
- Sales tax: 6% of the purchase price
If you're obtaining a new license plate, there will be an additional fee of $3.75.
Conclusion
Selling your car in a private party sale in Idaho can be a simple process if you understand the license plate transfer process and associated fees. Make sure to remove the license plates to transfer to another vehicle if you like, and take them with you to the County DMV office, provide the necessary documentation to transfer ownership to the buyer, and pay the appropriate fees. As a Buyer, expect to pay title fees, registration fees, sales tax, and a fee for new license plates. By following these steps, you can successfully navigate the license plate process and have a smooth private party car sale in Idaho.
This article was written by Armando Martinez. Armando Martinez is among the nation’s experts on automotive titling, registration, DMV services and document operations. With nearly two decades of experience across a broad range of financial services functions and some of the largest names in auto, from Wells Fargo to Uber, Armando combines vision and ingenuity with a wealth of information so auto shoppers and sellers can learn from his experience.
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