Colorado Electronic Lien & Title (ELT) Guide - colorado 2025

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Co-Borrowers And Joint Auto Loans Even though you both own the car, you may not both need to be present when you sell or trade the vehicle. When you need to sell the car but the co-borrower cant be there, you may be able to sign over the title without them, but you cant do it without their permission.
To donate a vehicle as a gift, the process is the same as transferring a title to a family member. Within 60 days upon the transfer of a motor vehicle, the new owner must either register the vehicle or present the certificate of title with an application for title to the Denver County DMV (Denver residents only).
If more than one owner is on the title, both parties may have to sign depending on how their names are listed. For example, if Bob Smith and Jane Smith or Bob Smith and/or Jane Smith are listed, your state may require both people to be present to sign.
This program is the responsibility of the Colorado Department of Revenue, Division of Motor Vehicles, Title and Registration Section, herein referred to as State. The goal of ELT is to provide for the electronic transmission of title and lien transaction data between authorized Service Providers and the State.
When a vehicle is financed, the lien is noted electronically on the title. Once the loan is paid off, the lienholder can electronically release their lien. The title can then be electronically transferred to the owner, or if the vehicle is sold, to the new owner.
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To gift someone a vehicle, you must transfer the vehicle title to their name and create a bill of sale. Selling a vehicle for $1 instead of gifting it could result in your recipient paying sales tax based on the cars fair market value its better to stick with the official gifting process.
Electronic Lien and Title (ELT) Program. The Electronic Lien and Title (ELT) program provides paperless vehicle titles to participating financial institutions.

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