Did you Know?
That there are 2,339,986 vehicles registered in Nebraska.
TRADE INS/PRIVATE SALES
In a joint effort between the Department and the Department of Revenue the following dealer directives have been published:
A vehicle that is recorded on the Purchaserís Agreement (which in turn is used to complete the Nebraska Sales/Use Tax and Tire Fee Statement for Motor Vehicle and Trailer Sales, Form 6) as a trade-in must be titled in the name of the purchaser. The exception to this is a vehicle that is currently titled in the name of the purchaserís parent/guardian or child.
The purchaser must present to the dealer a certificate of title in his/her name that is properly assigned to the dealer for all trade-ins. If the vehicle is not titled in the name of the purchaser he/she is jumping title.
Possession of a certificate of title that does not comply with these requirements is a violation of the Certificate of Title Act, a Class III misdemeanor. [Neb.Rev.Stat. 60-139]
Any consumer who transfers ownership of a motor vehicle must first obtain a certificate of title in his or her name, register the vehicle and pay sales tax. Failure to do so is a Class IV felony. Licensed motor vehicle dealers are exempt from this requirement.
This page last revised 2/13/2015