How to Transfer Your Motorcycle Title to New Owner

Mar 13, 2024

Owning a street bike like a Honda or Harley-Davidson is not like owning other assets. You can’t just sell it or give it to someone without worrying about the possible repercussions. There are legal records to consider, and insurance matters, too. If you’re going to sell a vehicle or buy one second-hand, it’s important that the DMV be kept up to date. You could even be in breach of the law if you fail to transfer the ownership. In this guide, we explain how to transfer your motorcycle title the right way. 

When Is Motorcycle Ownership Transfer Required?

So you’re wondering how to sign over your motorcycle title. Well, there are many scenarios where you need to transfer ownership of a motor vehicle. Some of these might surprise you. Remember: it’s your responsibility to get the records changed to keep you legally protected, and it is also vital for your insurance. Not having the correct details filed can invalidate insurance coverage. Below are a few situations where transferring your motorcycle title may be required: 

• Purchasing a used vehicle. When you buy a used vehicle it is your responsibility to declare to the relevant authorities to ensure that ownership is transferred.
• Selling a vehicle. Likewise, if you sell your vehicle, you want to make sure that the DMV records are updated so you’re not legally linked to the vehicle. If something happens and the vehicle is tracked or linked to a crime, you could be implicated.
• Relinquishing ownership of a vehicle if it is written off by your insurer. If the vehicle is written off in an accident, you still need to ensure that you have updated details. Some written-off bikes work their way back onto the road, and sometimes these are used by criminals.
• Receiving or giving a vehicle as a gift. This is one area people often forget about. If you give your motorcycle as a gift or receive one as a gift, you still need to update the details. Even if it stays within the same (lucky) household.
• Putting new license plates on your vehicle. If you are getting new plates on your steed, you also have a responsibility to update ownership information.

4 Step Guide to Transfering Your Motorcycle Ownership

It’s important to recognize that the DMV is a local state organization, and it has its own unique processes. If you are unsure of what the steps are, contact the DMV, and it will supply guidance and the correct forms to complete. But for now, we’ll show you step-by-step instructions on how to transfer your motorcycle title.

1. Find a Buyer or Party to Accept Your Motorcycle

You need both parties to transfer ownership. Even if you take your vehicle to a dealer to sell it or use it as a trade-in, the dealership will need to accept it legally.

2. List of Documents Required for Transfer of Ownership

When you fill out a bill of sale and make the payment, it’s important to make sure you get the title from the seller.

Depending on which state you are in, you may be able to apply for a replacement title if the title is missing. This can be done through the DMV. You will also need the signature of the buyer and seller to submit the transfer fee. Transferring a vehicle’s title is essential, and you may also need to provide your driving license to the DMV.

3. Fill Out the Title

Complete the title transfer section. The “assignment of title” section is what to look for. The seller should provide other details, including the odometer mileage. It also requires a signature from the seller (or whoever is gifting the vehicle if this is the case). If someone is deceased, then the executor of the estate or whoever is assigned signatory is responsible for making these changes. It’s the seller's responsibility to complete the section.

4. Submit the Paperwork

Once the title information has been completed, it is time to make sure the DMV receives the paperwork. You can mail the documents, so you don’t have to visit the DMV branch, but it is a good idea to go to the DMV if you can. The branch may be busy, but it removes doubt.

The DMV needs the title, a form for paying the taxes (this changes based on the state), an application for a new vehicle title, and any DMV fees. Because these fees vary depending on the state, check with the local authorities.

There is also a “Seller’s Report of Sale” form in some states. This is a way for the seller to ensure they do not have any legal right or responsibility for the vehicle.

How Do You Transfer the Insurance Policy Once a Vehicle Title is Transferred?

If you’ve transferred the vehicle, you also need to transfer your insurance. The policy you have may be updated, rather than having to purchase a different policy altogether. It’s important to remember that, most of the time, you won’t be able to transfer the previous owner’s insurance policy since insurance is linked to the rider rather than the vehicle. You’ll need your own.

Shop Around For a New Insurance Policy

Because your new vehicle will be valued differently by insurers, it is also a good idea to shop around for a new insurance policy. It’s also possible that your existing insurance company won’t insure the vehicle, though this is rare.

Speak to An Insurance Rep

Speak to an insurance company representative to understand the process for insuring the bike. It could be as simple as updating the policy online, or, it may be a bit more complicated.

Insurance Policies Don’t Follow the Motorcycle (Most of the Time)

Insurers will use details, including vehicle registration to transfer the policy and put the motorcycle in your name. It’s unlikely that the motorcycle’s original policy will follow the vehicle. Instead, it follows the person in the majority of scenarios with certain exceptions like New York.

Changing Insurance

If you have to change insurers, then smaller insurance providers might ask you to show proof of insurance history. For example, this proves that you have a history, and it may mean an insurer can provide you with a lower rate.

It’s vital you check the insurance rules. To do this, contacting your insurer directly is the best way to ensure you’re following its rules and protocol.

The Cost of Transferring Motorcycle Ownership

There is a cost associated with transferring vehicle ownership. It typically varies depending on the state, with the average cost ranging from $10 to $100. This is one of the reasons it’s a good idea to check directly with the DMV to see what it costs to transfer the ownership of a vehicle.

On top of the vehicle ownership transfer cost, it is important that you consider the fact that there might be a cost incurred with your insurer. They might charge you if you need to end the policy early, or even just for modifying the policy.

Choose Riders Share for All of Your Motorcycle Rental Needs

Handed over your motorcycle title but still itching to ride? Or just got ownership of a motorcycle title and considering listing your bike? Look no further than Riders Share for all your motorcycle rental needs. As the go-to platform for riders and bike owners alike, Riders Share offers an expansive selection of motorcycles to rent, ensuring you’re never without a ride. Whether you’re craving the freedom of the open road or looking to earn from your motorcycle, Riders Share makes it easy and secure. List your bike with us or find the perfect rental for your next adventure today!

Wrapping Up

Transferring your motorcycle ownership is a necessary step to stay on the right side of legal and insurance matters. Whether buying, selling, or gifting a bike, updating the title and insurance policy shields you from possible headaches and complications. It's a good move to check with your local DMV and insurance provider to get the latest on rules and fees, as these can change depending on where you live. By following the steps we've laid out and staying informed about the costs and procedures, you can make the ownership transfer process smooth, keeping both you and the new owner worry-free.