I bought the vehicle I had been leasing. How do I register and title the vehicle in my name?
When you purchase your leased vehicle, you change the ownership of the vehicle. The lessor owns a leased vehicle with the lessee listed on the registration. Following a lease buyout, you must re-register and re-title the vehicle in your name. When you do this, the registration on your leased vehicle ends, and you begin a new registration term; the time remaining on the leased vehicle’s registration does not transfer to the new vehicle.
Vehicle Registration Fees
Where applicable, the fees below include a $2.00 Clean Air Fund Fee.
Find the requirements for transferring registration of ATVs, motorboats, and snowmobiles here. Use the links below to jump to the section you need:
To transfer your Vermont registration from one ATV to another:
To transfer your Vermont registration from one vehicle (car, motorhome, jitney, motorbus, motorcycle, trailer, or truck) to another, you must do the following:
About one month before your Commercial Driver License (CDL) expires you should receive a renewal notice in the mail if we have your most current mailing address. Answer all the questions on the notice, sign it, and bring it to the Customer Services Office closest to you for processing along with the renewal fee.
When you purchase your leased vehicle, you change the ownership of the vehicle. The lessor owns a leased vehicle with the lessee listed on the registration. Following a lease buyout, you must re-register and re-title the vehicle in your name. When you do this, the registration on your leased vehicle ends, and you begin a new registration term; the time remaining on the leased vehicle’s registration does not transfer to the new vehicle.
If you renew the registration on a leased vehicle immediately before you buy out your lease, that registration time will not transfer to the new vehicle.
When you purchase a leased vehicle, the lessor should provide you with the title of the vehicle signed over to you. Bring that title and bill of sale to any DMV office to re-register and retitle the vehicle in your name.
You will be responsible for a new registration fee, title fee, and 6% purchase and use tax on the vehicle's residual value. You may keep your existing plates, but the time on those plates will start over when you re-register the vehicle.
