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Title the car in your name as soon as you can. The last thing you want to do is invest $100k in a car to find out 5 years later there is a vin or ownership issue.
Make sure the title is in the nam of the person selling the car. This isn't the 80's and in some states selling a car not titled in your name means the buyer might have to go back to the person who sold the middle man to finalize the deal. Been there lost a lot of money and never again.
Title transfers ownership registering for road use is not required. Title can be a simple bill of sale, registration or an actual title.
Just go to DMV and explain you are just transferring in your name.
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