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No, that is not necessary. You will have title in your possession when you go to the bank. The bank only needs the title and the bill of sale. They will also collect california sales tax from you at that time.The title will still have the sellers name on it and you will have the Bill of Sale signed by the seller and yourself that proves you bought/own the car. At this point you are just re-financing it. The bank will hold title as a leinholder.I have already done this and it works. I bought my car in Denver and drove it home to Cali. I also purchased a boat out of state using the same method.
No, that is not necessary. You will have title in your possession when you go to the bank. The bank only needs the title and the bill of sale. They will also collect california sales tax from you at that time.
The title will still have the sellers name on it and you will have the Bill of Sale signed by the seller and yourself that proves you bought/own the car. At this point you are just re-financing it. The bank will hold title as a leinholder.
I have already done this and it works. I bought my car in Denver and drove it home to Cali. I also purchased a boat out of state using the same method.
