Plate program on a financed tractor

Discussion in 'Ask An Owner Operator' started by Hen1, Apr 3, 2019.

  1. Hen1

    Hen1 Bobtail Member

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    Hey I recently purchased a semi and had it Finance I went with the plate program with my carrier they gave me a paper tag and now is requesting the title for the hard before giving me hard tags is there anything else I can use instead of the title to get the tags please any information will help
     
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  3. Milr72

    Milr72 Medium Load Member

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    That title is their collateral. It's theirs til you pay it off.
     
  4. Hen1

    Hen1 Bobtail Member

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    Apr 3, 2019
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    Does anyone know if I can use proof of purchase until the title comes in to get new tags
     
  5. Ridgeline

    Ridgeline Road Train Member

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    bill of sale and application for a title is all I need here.
     
  6. baha

    baha Road Train Member

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    You can call them and have a tittle with them listed as lien holder sent to you.
     
    x1Heavy Thanks this.
  7. Hen1

    Hen1 Bobtail Member

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    Apr 3, 2019
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  8. Hen1

    Hen1 Bobtail Member

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    Apr 3, 2019
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    My title hasn't come in the mail yet to my finance company can I go purchase my own plates and not do the plate program and still use the insurance?
     
  9. Hen1

    Hen1 Bobtail Member

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    Apr 3, 2019
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  10. x1Heavy

    x1Heavy Road Train Member

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    That's just it. As long the Bank is owed the money it's a Lien on the title. That truck is not going anywhere or to be sold without first money going in full until Lienholder is paid off. (Or worse not fully paid with you owing the rest)
     
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