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#1
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In Georgia you can buy or sell a car on a title, registration or bill of sale(depending on the age of the vehicle). When I buy a car with a title I have the owner sign the title but not date it. A lot(probably the majority) of old vehicles don't have titles in Georgia. Back in the day when I bought a car I would get a new tag but not transfer the title. The title cost $8 to transfer and I wanted to spend that $8 on cold beer. If a vehicle has been registered in Georgia on a bill of sale or a registration they will not issue a title for it. The Elco having it's original title(since it was a 1 owner vehicle) does not raise a red flag for me. At the moment I have 9 vehicles that I bought that are registered to someone else. Two have open titles and the rest are on bill of sale. |
#2
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Dont mean to hijack, but isn't this a problem for insurance purposes? If the car is totalled, according to the policy, they have to pay the registered owner for the claim. |
The Following User Says Thank You to njsteve For This Useful Post: | ||
Spike (11-01-2021) |
#3
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They are future projects. The Unimogs are good but I'm going to do a engine swap on one and leave the other stock. I'm going to do a Cummins swap and 4x4 conversion on the F350 and the rest need restoration. I've been building a new house for several years(actually building it myself) so I am working 7 days a week on it. Just poured the slab for the new shop(40'x68') but roof trusses are 9 weeks out. Next summer I should be good to start working on the truck back log. The are a couple first gen broncos, a first gen Scout, a '75 Blazer and a few others in the mix. Almost forgot, I have a '57 Mack B61 and a '79 Glastron Carlson CVX20 460 big block Ford w/ Berkley jet. I keep running across great deals but I have more than I'll be able to finish and I don't have time to buy them and resell for a profit. |
#4
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__________________
Bill Pritchard 73 Camaro RS Z28, L82, M20, C60 |
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