I'm financing my car still, can I register it in my new job's state?

Question

At the end of 2007, I bought a car in CA (I may have been an out-of-state resident in CA at this time, have to check when I got my license in CA).

Now I've been relocated for work in KY.

Since I am financing my car, I still make monthly payments.

Someone told me that I have to pay off my car completely before I relocate to KY. There's no way I can do that--which is why I am financing!

I just want to get new plates and a new KY-based insurance company when I move.

Isn't this possible? I paid CA state tax on the car, will I have to pay more tax when I move to KY?

I am perfectly fine and understand if I need to purchase registration, plates and new Driver's License.

Thank you for any answers! How should I go about this?

*At the moment, I just pay by bank draft to the major national bank that handles my auto loan. The only thing I may need to update them on is my new address, insurance provider, and license plate #, correct?

Answer 1

Yes you can register the car, possibly title it also in your new location. You do not have to pay off the loan, whover told you that is sadly mistaken. Anyway, just contact the lender, let them know what you are doing and ask how you go about completing the transaction, some financial institutes have certain ways they complete the process, others simply say go to the DMV and when registering the car, give the lender info, address and where the copy of the title/registration is to be sent. So, call the lender give'm the update and it should be a pretty easy process, especially leaving CA, moving into CA probably would require more work. Good luck!

Answer 2

You need to have your drivers license, and your car registered in whatever state you are a resident of.  The finance company will need to be notified of your address if you move.