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Buying a vehicle with no title
Posted: Fri Nov 07, 2008 11:48 am
by CodeJockey
I see vehicles listed all the time on ebay / craigslist that say they don't have a title. How can people sell a vehicle with no title, and if you buy one, can you then get a title for it?
Re: Buying a vehicle with no title
Posted: Fri Nov 07, 2008 11:53 am
by ScubaSigGuy
What they probably mean is that they don't have THE title, because the bank still holds it until they send in the payoff. In some states (OK is one I believe) the individual holds the title even if the bank has a lien on the vehicle, but this is the exception.
Re: Buying a vehicle with no title
Posted: Fri Nov 07, 2008 12:40 pm
by WarHawk-AVG
You can file for lost title, or you can get a bonded title if one is not available (get a good bill of sale though)
Re: Buying a vehicle with no title
Posted: Fri Nov 07, 2008 2:17 pm
by CodeJockey
WarHawk-AVG wrote:You can file for lost title, or you can get a bonded title if one is not available (get a good bill of sale though)
What is a bonded title?
Re: Buying a vehicle with no title
Posted: Fri Nov 07, 2008 6:44 pm
by WarHawk-AVG
CodeJockey wrote:WarHawk-AVG wrote:You can file for lost title, or you can get a bonded title if one is not available (get a good bill of sale though)
What is a bonded title?
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