How big a deal is it to purchase an old 40 that is to be driven and not have a title? It will be titled in Arkansas.
No title?
- Thread starter Herky
- Start date
This site may earn a commission from merchant affiliate
links, including eBay, Amazon, Skimlinks, and others.
You could call that guy in Brighton....what was his name? He can get you a title AND a unicorn 
- Thread starter
- #4
wouldn't I need to give that guy like $1500 to not do anything? Would the unicorn at least come with a clear title?
Isn't there a way to file for a lost title or something?
Isn't there a way to file for a lost title or something?
that was funny. I am going to the shootin' range Tuesday, maybe not a good idea on the day before the contract is due.
- Joined
- Sep 9, 2004
- Threads
- 187
- Messages
- 13,620
- Location
- Boise - Idaho
- Website
- www.snlandcruisers.com
I have several trucks with no title, one is under a full frame off resto. Here where I live it is no big deal. First the local law enforcement officer comes out and does a vin inspection to make sure it is not stolen. Then you go to DMV, show them it is not stolen just has no title. They issue the truck a new vin number and then it can get a new title. That is it, all there is to it here in Wyoming.
- Thread starter
- #7
I know the cops have to check out the vins on all out of state used car purchases here. Hopefuly it's not any more complicated than what RMP&O has said.
I had to get a title for a 65 Corvair once. It was donated to the theater department for a production of Grease. They thought it was a pretty good deal until the guy never came through with the title and they couldn't even have it scrapped. There is a company in a southern state who will buy the car and title it in their name and sell it back to you. It is in a state that only requires a bill of sale for vehicle of a certain age. You fill in the blanks on a bill fo sale the company sends you and about 6 weeks later you get a title signed over to you that you can register in your state.
I forget the details, but a little time with Google oughtta find something.
I forget the details, but a little time with Google oughtta find something.
- Thread starter
- #10
Thanks for the replies. The 40 I was going to look at sold before I could get there so it's moot at this point. I just wanted to have an idea before I layed down the cash.
When the next one comes along, anything lacking a title is worth ALOT less that something with a title. The chances of picking up a stolen vehicle are higher, there is also the difficulty of getting title that takes away value from a "titleless" vehicle.
I think that in B.C it's presumed stolen if there is no title!
I think that in B.C it's presumed stolen if there is no title!
Indemnity Bond
Sorry if this is wordy. I haven't seen this angle presented before. It is probably written in similar wording in many other states. It may help resolve some of these titleing problems that have cropped up lately. This is from North Carolina. Kudos to my sister who suggested this. She retired after 32 years with NC Dept of Motor Vehicles. Her department was the unit that answered all inquiries on how to resolve issues like this. I used to lean on her a lot when she worked there.
Note: Last line says that this doesn't apply to "abandoned" vehicles. In other words, you need to have a convincing story ready and maybe hide your prison tattoos when you apply for an indemnity bond.
______________________________________________________________________
FROM NC DMV
3.13 BONDS G.S. 20-76 (b)
Whenever an applicant is unable to furnish the required proof of ownership, an indemnity or cash bond may be filed with the Division in order for a North Carolina title to be issued.
INDEMNITY BOND (MVR-92) is a security bond written by an insurance company licensed to write indemnity bonds.
CASH BOND (MVR-92E) is a monetary bond that must be for at least $100.00.
1. Full value of bond
2. Payment by cash or certified check
3. Bond amount is refunded to the purchaser after 3 years. No interest is paid.
Requirements For Filing An Indemnity And/Or Cash Bond
1. Application Form MVR-1 completed in the purchaser’s name and signed in the presence of a notary.
2. Notarized statement as to how the vehicle was acquired and any proof of ownership. Proof of ownership may be a bill of sale, conditional sales contract, out-of-state registration, etc. (note: the "etc." gives some "wiggle room" and means you should be homey and smilie-faced with the DMV person)
3. A vehicle not registered in North Carolina requires an inspector’s report from the Enforcement Section. (note: this is the point where they leave the room and run the S/N# or Vin# through the local and national computer system...... you'll be glad you remembered to wear your anti-perspirant) The vehicle must be in operating condition.
4. Bond value
a. 1 ½ times the vehicle value; or
b. 2 appraisals on dealer letterhead if value cannot be obtained from the Division; or
c. Minimum $100.00 cash bond. (note: Carolinians are easy to get along with. Again, if they are enjoying their interface with you, and the cruiser is old and dirty, they will lean toward the $100 cash bond)
5. $35.00 title fee
6. Highway use tax is due
a. 3% of the vehicle value; or
b. 3% of the highest appraisal
c. Dealer sale requires a bill of sale, with 3% of purchase price less trade in.
If a vehicle is titled in a dealers name for resale purposes only, dealer would pay $10.00 title fee and no highway use tax.
Bonds Are Not Acceptable On
(a) abandoned vehicles
(b) Mechanic and Storage lien sales
(c) Outstanding lien for which a lien cancellation cannot be furnished
(d) Litigation is pending
(e) Applicant is a nonresident and the vehicle is not registered in North Carolina
Sorry if this is wordy. I haven't seen this angle presented before. It is probably written in similar wording in many other states. It may help resolve some of these titleing problems that have cropped up lately. This is from North Carolina. Kudos to my sister who suggested this. She retired after 32 years with NC Dept of Motor Vehicles. Her department was the unit that answered all inquiries on how to resolve issues like this. I used to lean on her a lot when she worked there.
Note: Last line says that this doesn't apply to "abandoned" vehicles. In other words, you need to have a convincing story ready and maybe hide your prison tattoos when you apply for an indemnity bond.
______________________________________________________________________
FROM NC DMV
3.13 BONDS G.S. 20-76 (b)
Whenever an applicant is unable to furnish the required proof of ownership, an indemnity or cash bond may be filed with the Division in order for a North Carolina title to be issued.
INDEMNITY BOND (MVR-92) is a security bond written by an insurance company licensed to write indemnity bonds.
CASH BOND (MVR-92E) is a monetary bond that must be for at least $100.00.
1. Full value of bond
2. Payment by cash or certified check
3. Bond amount is refunded to the purchaser after 3 years. No interest is paid.
Requirements For Filing An Indemnity And/Or Cash Bond
1. Application Form MVR-1 completed in the purchaser’s name and signed in the presence of a notary.
2. Notarized statement as to how the vehicle was acquired and any proof of ownership. Proof of ownership may be a bill of sale, conditional sales contract, out-of-state registration, etc. (note: the "etc." gives some "wiggle room" and means you should be homey and smilie-faced with the DMV person)
3. A vehicle not registered in North Carolina requires an inspector’s report from the Enforcement Section. (note: this is the point where they leave the room and run the S/N# or Vin# through the local and national computer system...... you'll be glad you remembered to wear your anti-perspirant) The vehicle must be in operating condition.
4. Bond value
a. 1 ½ times the vehicle value; or
b. 2 appraisals on dealer letterhead if value cannot be obtained from the Division; or
c. Minimum $100.00 cash bond. (note: Carolinians are easy to get along with. Again, if they are enjoying their interface with you, and the cruiser is old and dirty, they will lean toward the $100 cash bond)
5. $35.00 title fee
6. Highway use tax is due
a. 3% of the vehicle value; or
b. 3% of the highest appraisal
c. Dealer sale requires a bill of sale, with 3% of purchase price less trade in.
If a vehicle is titled in a dealers name for resale purposes only, dealer would pay $10.00 title fee and no highway use tax.
Bonds Are Not Acceptable On
(a) abandoned vehicles
(b) Mechanic and Storage lien sales
(c) Outstanding lien for which a lien cancellation cannot be furnished
(d) Litigation is pending
(e) Applicant is a nonresident and the vehicle is not registered in North Carolina
Georgia is the state where you can get it REGISTERED to get a tag if its older than 85 and no title. However, you cannot get it TITLED if there has been a break in the chain of owner transfers of the original title.
in CA all you have to do is have a bill of sale and prov that its not stolen. they will print out a new tiltle and have it to you in 4 week. I think it only cost me $55 with the registration fee.
You can always buy a POS parts VIN plate and Title and switch the VIN numbers. It has been know to happen. Your engine and frame won't match up, but who really cares unless you are a purist.
- Joined
- Sep 9, 2004
- Threads
- 187
- Messages
- 13,620
- Location
- Boise - Idaho
- Website
- www.snlandcruisers.com
That is against the law in all 50 states dude. Watch what you advise...
Now having said that yes it gets done and no most police and stuff won't care on some old truck. But it can get you in major trouble and you run a risk doing it. All it takes in most places is the right paper work. How do you think an imported vehicle is titled!? It is not like you can go to DMV with an import and say oh I drove this up from Costa and want to get it titled. Good luck with that or any other shaddy tactics. Best to just call DMV, explain the deal and do what they say kissing ass the whole way...