rude awakening

shine said:
i've found out titles mean diddly shit in texas. i can just copy the number off a truck and file for a title . if the title is not transfered in 3 years my bonded title becomes the blue title even though i dont have the vin number on my truck .
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I love Texas but that is the most asinine thing I have ever heard.
 
the title i have was issued in 96 . the guy i bought it from bought it a few years ago but didn't transfer it. someone filed in 2016 and got a bonded title .
 
I did a bonded title one time on a car I bought. I paid a title service over 500 dollars. I believe technically the car needs to be inspected and insured. But how do you get a car inspected that is in pieces. When it arrived it was a blue Texas title but it said bonded title in the corner. To my understanding, what takes place is an insurance company signs off on it saying they guarantee no liens to be on it. After certain time frame, you get a clear Texas title. I sold the car before that time came. I'm guilty of waiting to register vehicles, mainly because I don't like the fact that vehicles are tax multiple times every time a vehicle exchanges hands. Alot of these car flippers sell cars with titles that aren't in their name. Technically that is illegal and they need to pay tax when they acquire the vehicle. It's a racket.
 
I remember when we went to look at this cute red 2 civic for my daughter when she turned 16. She loved the car. Dude had the car but had a Alabama title not in his name. Plus wasn't from this country. I had to pass. My daughter hated me on that ride home. I was the worst person on the planet. Explained to her that's not how you buy a car. He kept saying oh its easy, u just need to go to the court house blah. Blah blah. If it's easy, you do it, when it's done and in your name, call me I'll give u full asking price. ..he never called.
 
It is a racket. Every state is different.
When I lived in Oregon, I would flip about 6 cars per year. Made decent money doing that.
No sales tax and $20 to transfer title.

Now I live in Washington state. When you buy a car you pay ~9% sales tax, then about ~$200 for title and tags and a required new license plate.
There goes all the profit . . .
And you can only sell 3 cars per year as an individual. More than that and you need a dealers license - which requires a big annual fee, and a publicly available lot with posted hours. And they check.
Wonder what lobby group got that into law?
 
Dean Jenkins said:
It is a racket. Every state is different.
When I lived in Oregon, I would flip about 6 cars per year. Made decent money doing that.
No sales tax and $20 to transfer title.

Now I live in Washington state. When you buy a car you pay ~9% sales tax, then about ~$200 for title and tags and a required new license plate.
There goes all the profit . . .
And you can only sell 3 cars per year as an individual. More than that and you need a dealers license - which requires a big annual fee, and a publicly available lot with posted hours. And they check.
Wonder what lobby group got that into law?
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I believe in texas it's 6.25% sales tax. It used to be u can go in there and tell them you paid whatever, now they have a system program they resort to and look up what the car is worth. They don't have that for classic cars, that's all I'm saying on that subject lol
 
i always take a picture with me . otherwise you pay blue book . never had a problem before but i will never buy another one not in the sellers name and the most recent title .
 
Sometime in the last few years things changed in Texas. Now out of state vehicles require a VIN inspection to get a Texas title. Similarly a bonded title now requires a VIN inspection. At least this is what I had to do with a couple of out of state cars.

The VIN inspection is done by the auto theft task force in Dallas or Tarrant County even though I am in Cooke County. I can tell you these task force guys are a piece of work. They check the VIN tag, engine VIN, frame VIN and hidden partial VINs and they better match. Major PITA, their starting position going in is that the vehicle is stolen until proven otherwise….

Don
 
dhutton01 said:
Sometime in the last few years things changed in Texas. Now out of state vehicles require a VIN inspection to get a Texas title. Similarly a bonded title now requires a VIN inspection. At least this is what I had to do with a couple of out of state cars.

The VIN inspection is done by the auto theft task force in Dallas or Tarrant County even though I am in Cooke County. I can tell you these task force guys are a piece of work. They check the VIN tag, engine VIN, frame VIN and hidden partial VINs and they better match. Major PITA, their starting position going in is that the vehicle is stolen until proven otherwise….

Don
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Sounds like a waste of resources. Meanwhile major felony offenses get bonded out on a PR bond and reoffend before end of the week
 
Another thing to be aware of may be the case with Shine's truck.
Taking of id tag for another truck.

It is a big business buying a salvage car from flood or for a more valuable optioned car just for the serial number of the salvaged car.
This is a massive business and yards that cater to this fact.
 
the tag is still on it . there is no vin tag on early ford trucks. only vin is stamped on the front frame horn . there is a data tag on the glove box door but it cant be used for id .
but yes there are a lot of flood cars out there with new vins and titles . i knew of one really nice 57 vett that went through the 99 flood here . rather than salvage it he bought it back from the ins co and they went to great lengths to clean it up and swapped out the vins from a parts car . shady as hell .
 
I learned a lesson just 3 months ago on selling cars. For years I always just signed the title and left everything blank for the new owner to fill in when their ready to register and stuff. Well I sold a beater car to a kid, in Oct 21. In Jan 22 I got a call from a tow company an hour away. The car I sold was towed & impounded due to no registration when police pulled it over with some other dude than I sold it to driving, I was told that being the last registered owner, I was responsible for all tow fees and daily storage fees, and to get it back I needed a title. At first I didn’t believe them, then I checked with an attorney and found out it was very real and I was responsible. The problem was I had no proof that I sold it, I should have filled out title completely and copied it or took a picture at the point of sale. Then I would of had proof and could fight it.

I had to apply and pay for a new duplicate title from the DMV, wait the 10 days for it to be mailed to me, bring it to the police that did the stop, get a release paper, go to the tow company and present all that plus $500 for fees, load the car on my trailer and take home. I sold the car for $1500, paid $520 plus time off from work, fuel (1.5 hour drive each way) to get the car back. Now the car is beat, not worth more than parts. Body damage, interior looks like the guy had a pet grizzly bear, and the ash tray had 100s of half smoked joints.

The dude that was driving it when stopped is a violent felon, caught just 1 year ago with heroin, crack, illegal stolen handgun, thousands in cash, rap sheet for beating his girl to a pulp, and he only served 4 months in prison and was out. WTF!!

He had temp tags on the car from Tennessee, and had a years supply of them. I check up on this and it’s a real problem in this country. They call them ghost cars. You buy illegal temp tags online and the police have no means to verify if they are legit. The car can be used to commit a crime and if caught on video or abandoned guess who get a knock on the door…last registered owner…yup!

Fuck that, I will now fill out titles in full when selling, take a picture and present to the DMV when I turn the tags in. If the buyer doesn’t like that then they can look elsewhere.
 
Same thing happened to me in Austin and the kid never transferred the title. Sold a Monte Carlo, police came to me after it was involved in a gang related activity. They were cool about it after I showed them my Auto Trader ad, and I didn’t have to fork over any $. Now you can go online, and list your car as sold, and list who the buyer’s name. That way you’re off the hook.
 
Big Dave said:
Same thing happened to me in Austin and the kid never transferred the title. Sold a Monte Carlo, police came to me after it was involved in a gang related activity. They were cool about it after I showed them my Auto Trader ad, and I didn’t have to fork over any $. Now you can go online, and list your car as sold, and list who the buyer’s name. That way you’re off the hook.
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That is how it is here is Washington state as well. You can go online and report the sale. Of course it costs $30. My son sold his car last year, I told him to report it online, he didn't and it turned into the same impound "you have to pay" nightmare for him. Lesson learned . . .
 
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