Title & Registration Services at Dealerships/Businesses

• TPT is an acronym for Third Party Transactions for title and registration.   

• TPT contracted vendors work with dealerships and other businesses to provide title and registration services that can be done at the point of sale, or the location of the business, regardless of the customer's county of residence. 

• The Department contracts with TPT vendors to ensure that they meet the qualifications to provide these services. Once a vendor is certified, they may work with dealerships and businesses to provide title and registration service through the TPT vendors’ interface with the Department.    

• Working with a TPT vendor to provide these services allows dealerships and businesses to offer additional convenience for customers, by titling and registering vehicles at your location. It also benefits dealerships and businesses by reducing the impact of working with several different county DMV offices across the state.

*Brought to you by SB 21-076, SB 19-256 & HB 18-1299
 

Auto Dealerships & businesses interested in providing this service to their customers must work with a state approved vendor. User interfaces (software) can vary depending on the vendor. Businesses are encouraged to research all available options to find the best solution for their company.

The TPT Vendor provides the system (user interface) that the businesses will use for title and registration services. The Department has authorized TPT vendors to leverage an API that transmits title and registration information to the Department.

Businesses enter all the pertinent information into the transaction and provide electronic copies of the title documents during this “transaction.” The vendor will audit a percentage of all transactions, and the information will be sent to the Department (thus creating a title/registration request).  The physical paperwork involved in the transaction will be retained by the user or the vendor (depending on the agreement between the user and the vendor). 

Working with a TPT Vendor may eliminate the need to mail, or physically take,  title work to a county DMV office for processing.  
 

Each of the state approved TPT vendors has a different product or service that they offer. TPT vendors develop a user interface (system) for dealerships and businesses to use in the process of title and registration. We recommend that any dealership or business interested in providing title and registration services reach out to each TPT vendor to determine which system/service fits your business needs.

Though each TPT vendors’ system/service may vary, there are specific requirements that all TPT vendors must meet, pertaining to their relationship with users of their system/service:

• Vendors are required to obtain a satisfactory background check for any user of their system that may have access to Department information;

• Vendors are required to ensure that businesses who use their service meet minimum insurance requirements;

• Vendors are required to ensure training is completed annually by users of their system;

• Vendors are required to audit a percentage of transactions performed by users of their system; and

• Vendors are required to ensure users of their system maintain an accuracy rate of 85% or higher.;

• The TPT Vendor will be the single point of contact for users and customers using their service. They work directly with dealerships/businesses. Dealerships / Businesses work directly with Colorado consumers in need of title and registration services.

Please note: Per C.R.S. 42-1-234(1)(d), TPT Vendors are authorized to collect a fee for these services.

Please see the chart above for a list of TPT vendors.