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#1
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Bruce in not only an astute lawyer but has owned, raced and sponsored race teams, owned machine shop & speedshop. Very knowledgeable when it comes to collector cars or anything automobile related. He has put on quite a few seminars at MCACN. Can't recommend him enough!!!
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Steve Shauger The Supercar Registry www.yenko.net Vintage Certification™ , Providing Recognition to Unrestored Muscle Cars. Website: www.vintagecertification.com |
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#2
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Since the seller has no interest in attempting to secure a title, I would assume he has already tried and failed, or knows it's not possible. Getting a person to research it deep enough to determine if you can get one is the best thing to do. Asking top dollar for a car with no title is conflict of interest. As already said many times, the price needs to reflect the situation.
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Mitch 1970 Chevelle SS 1966 Chevelle SS 1967 Camaro ss/rs 1938 Business coupe, street rod 2000 FXSTS, original owner, 13k miles |
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#3
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I have bought a few cars with out titles and went thru the bonding process. Mind you these are just average collectible cars at best... The problem I face is when trying to sell them is the stigma of a "bonded" title (they might as well have been branded salvage) even though there is no recourse to the buyer. The minute they hear that half the buyers leave the room. The ones left only want to pay salvage prices, so with this in mind I make my initial offers accordingly. Its a constant battle trying to educate people and most guys wont listen to a seller but will take title advise from the face tatted 7-11 store clerk...
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purple panther (12-18-2022) |
#4
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Before you do anything I recommend you see if the car was stolen. Just enter the VIN on this site:
https://www.bumper.com/?g_network=g&...hoC7LIQAvD_BwE |
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markinnaples (12-20-2022), PeteLeathersac (12-17-2022) |
#5
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Haven’t read the whole thread yet but, Connecticut has no titles on older cars . So every car you buy out of CT would be this way . You use a bill of sale and or the old registration.
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#6
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A good number of states do not have titles for older cars and sales are normally via bill of sale and transferrable registration. Of course with a 6 figure car, would feel better with a paper title. Years ago it was pretty easy to get a paper title though a couple of companies like Broadway title. Not sure if that process has tightened up at this point.
As others have mentioned, its pretty easy to run a check and see if it is on the databases as a stolen car. |
#7
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In NY we only have registrations for historical cars, not titles. The registrations can be transferable (to new owner) or non transferable depending on if money is owed on the loan or not.
I maybe in the minority here but having bought a ‘62 Corvette without any ownership paperwork, it’s changed my perception of this process. As long as you have a supplemental document like a bill of sale or sales agreement with the title terms agreed to and signed off on, I don’t see a problem. I did this with my old Vette and not only did DMV accept all docs, I even asked the seller for a second round of signatures on official forms which he was totally cool with too. In short, document all steps of the process with signatures and photos. I doubt you’ll have an issue unless your seller is not trustworthy. Dan
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Follow me on Instagram: https://www.instagram.com/mbcgarage/ |
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#8
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Thanks gents! So im gonna teach out to Mr Shaw and get his opinion. In Michigan we use to be able to green sheet a car with no title which means a police offier would come out run the vin and if it came back clean fill out a little work then i would take it to the Secretary of State and they would build me a title. Well since the car is 4 hour’s away kinda tough to do as the officer doesn’t always show up. If this becomes my last resort im gonna reach out to the owner of the cars and explain to him whats going on. Thanks gentlemen for your input
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1969 SS 396 300 deluxe post car 1969 SS 396 300 deluxe hardtop 1969 SS 396 chevelle 1978 chevy shortbed step side 1983 chevy shortbed 1985 chevy shortbed If a hammer and duct tape wont fix it u have electrical problems! |
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69M22Z (12-17-2022), Too Many Projects (12-17-2022) |
#9
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The Newest Supply Chain Issue Is...Title Paper?
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#10
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Been waiting for an Oklahoma title from a seller for 9 months now.
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Mitch 1970 Chevelle SS 1966 Chevelle SS 1967 Camaro ss/rs 1938 Business coupe, street rod 2000 FXSTS, original owner, 13k miles |
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