What is the process for transferring ownership of a vehicle?

Transferring ownership of a vehicle in South Carolina involves several key steps that the seller and buyer must complete to ensure a smooth transaction. First, the seller needs to provide the buyer with the current title of the vehicle. The title must be signed by the seller, and it is essential to ensure that all information is correctly filled out, including the odometer reading. If there is a lien on the vehicle, the seller should also provide documentation proving that it has been satisfied. Next, both parties will need to complete a Bill of Sale if they wish to have that as a record of the transaction. This document serves as proof of the sale and can be helpful in case of future disputes. It is not mandatory, but recommended. Once the transaction is complete, the buyer must take the signed title and, if applicable, the Bill of Sale to the South Carolina Department of Motor Vehicles (DMV) to apply for a new title in their name. The buyer will also need to provide proof of identification, pay the required fees, and if applicable, present a valid South Carolina driver’s license or ID card. It is advisable to check the official web page for specific details regarding fees and requirements, as they can vary. Completing these steps will ensure the proper transfer of ownership and compliance with South Carolina regulations.