Change name on title after lease buyout
When you purchase a vehicle from a leasing company, you must have the title issued in your name. The title must be issued in your name before you can sell or transfer the vehicle. You can transfer the title by mail or at a DMV office.
By mail
Mail these items
- a completed Vehicle Registration/Title Application (MV-82) or Application for Title (MV-82TON)
- proof of identity such as a copy of your NYS Driver License, Permit, or Non-Driver ID card (must be current or not expired for more than 2 years) - if you don’t have one you can provide other types of proof
- the New York State title or other acceptable proof of ownership. The title must have completed
- buyer and seller information (both the leasing company and the buyer must provide their signatures, dates of transfer, and addresses)
- odometer and damage disclosure statements for all vehicles that are 10 years old or newer
- proof of payment of the sales tax. Acceptable proofs are
- an FS-6T receipt issued by DMV [to get an FS-6T, you must obtain a Claim for Sales Tax Exemption (DTF-803) from the leasing company and a bill of sale and bring these items to a local DMV office]
- a Dealer Retail Certificate of Sale (MV-50) completed by a dealer located in New York State
- payment for the $50.00 title fee in the form of a check or money order made payable to the Commissioner of Motor Vehicles.
to
NYS DMV Title Services
Department of Motor Vehicles
6 Empire State Plaza
Albany, NY 12228-0331
At a DMV office
Bring
- a completed Vehicle Registration/Title Application (MV-82) or Application for Title (MV-82TON)
- proof of identity such as a NYS License, Permit, or Non-Driver ID card (must be current or not expired for more than 2 years) - if you don't have you can provide other kinds of proof
- the New York State or out-of-state title with completed
- buyer and seller information
- odometer and damage disclosure statements for all vehicles that are 10 years old or newer
- the lease buyout agreement
- a lien release(s), if appropriate
- a Retail Certificate of Sale (MV-50), or
- a completed Statement of Transaction – Sale or Gift of Motor Vehicle, Trailer, All-Terrain Vehicle (ATV), Vessel (Boat), or Snowmobile {Sales Tax Form} (pdf) (at NY State Department of Tax and Finance) (DTF-802) and a bill of sale
- payment for the $50.00 fee
Your title will be mailed to you.
Where can dealers find information about filing or removing a lien?
See Remove or add a lienholder from a title.