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  #1  
Old 02-19-2013, 11:44 AM
I miss my MBZ
 
Join Date: Feb 2003
Location: Cincinnati, OH
Posts: 563
I'm seeing more of those title-loan places open up shop in the suburbs - I don't think they'd be doing it if there wasnt a demand.

I blame all the people with political views that don't match mine

-John
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  #2  
Old 02-19-2013, 03:58 PM
waterboarding w/medmech
 
Join Date: Feb 2006
Location: Coming to your hometown
Posts: 7,987
Easy to get a legitimate title online
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  #3  
Old 02-19-2013, 10:05 PM
In transition
 
Join Date: Jul 2011
Location: Seattle area, but out a ways
Posts: 64
Used-car dealership buys car at auction, the couple who consigned it to the auction never signed a release of interest to the auction, used-car dealership sells car off the lot via CL to an out-of-stater. Buyer then has to threaten used-car dealership with a complaint to the State Attorney General in order to obtain title, which finally arrives a month later, after used-car dealership somehow tracks down both original consignors, who have since divorced.

Old titleholder is mentally not all there, son and daughter-in-law gain power of attorney and sell car, titleholder dies before title is found, title cannot be transferred until will is probated.

Car is sold by mechanic repair shop to cover titleholder's past due bill, car has no engine, advertised price is 1/7 of Kelly Blue Book because shop is tiny and they are desperate to get it out of there to make room for paying customer cars. State DMV questions the low sale price but titleholder has since moved out of state and therefore, even though title was produced and signed, buyer still cannot obtain title without paying tax on the full Kelly Blue Book value.

These are three problematic title scenario's which have happened to me recently. Oregon is very easy to obtain a title in with minimal documentation, Washington is tough.
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  #4  
Old 02-20-2013, 12:15 PM
Registered User
 
Join Date: Nov 2010
Location: TX
Posts: 3,993
Quote:
Originally Posted by JustPassinThru View Post
.

Old titleholder is mentally not all there,

Been there - experienced that, the guy literally was seen sleeping behind a dumpster of a gas station after a few months.
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  #5  
Old 02-20-2013, 12:57 PM
Pooka
 
Join Date: Sep 2005
Posts: 664
In Oklahoma you can sell a car with a Bill of Sale. You can then take this to the Tag Office and start the Title process. This takes forever.

The only place you can quickly sell a car with a Bill of Sale is to a metal recycler. Not a wrecking yard; a recycler. They will run the VIN through the DMV and if it is not on the hot car list they will pay you scrap metal prices and crush it.

To get a real title you have to have a storage lien. This is easy to do. Then you have to set an auction date and time. This is normally some day during the middle of the week at 03:00. Then, if anyone shows up, you have to have an auction. You can set the starting price for a junk car, and since you are the one receiving the storage fees you can set the starting price at what you are owed. Say, $15,000?

Then you pay the Auction guy for his trouble and he signs off that the car was auctioned off to the highest bidder which was you. Of course, if someone pays the $15,000, then the car is theirs but there is really no downside to this!

If you buy a car from an out of state city abandoned car auction and receive an application for a new title then there is no way to title the car in Oklahoma. They do not recognize the paperwork from any other state on city auctions and there are no exceptions.
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  #6  
Old 02-20-2013, 04:05 PM
waterboarding w/medmech
 
Join Date: Feb 2006
Location: Coming to your hometown
Posts: 7,987
Lost Car Titles, No Car Title at All?
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  #7  
Old 02-21-2013, 11:04 AM
Registered User
 
Join Date: Dec 2005
Posts: 2,423
A bonded title ,its the way to do it here in Texas ,you basically fill out a form with the vin and the person you bought it from ,the explanation for the lost title, theirs and your ID ,some will allow for photo coping ,some will not.They do a search for any red flags on the car then transfer a new title from the state.I believe it cost $200. but it has to be done at one of the main dmv locations.The lost title companies do all the leg work in this case and charge you $800 and up.If no title and a non willing seller to participate in you getting a title ,walk away ,its not worth the grief .Its most likley a used car lot sold vehicle and guess what ,the scum bags will report it missing while your holding the bag so to speak.
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  #8  
Old 02-22-2013, 12:48 PM
Banned
 
Join Date: May 2004
Location: Varies
Posts: 4,741
Quote:
Originally Posted by Txjake View Post
Links to a place in Bangor Maine, one of my old stomping grounds. No titles on anything older than 15 years. Rust is the justification.
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