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10-17-2009, 10:32 AM | #1 |
Moto GP Star
Join Date: Nov 2008
Posts: 11,022
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Trackbike without a title
What do you guys think about buying one without a title, stumbled across one that looks like a good deal for what I want. I contacted the seller to get more details, including why theres no title so I will post more info as I get it.
Tom |
10-17-2009, 10:42 AM | #2 |
The Man
Join Date: Feb 2008
Location: CrabTown USA
Moto: 00 Bimota DB4
Posts: 823
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Depends on the situation. Lost titles are one thing, but a lot of times, I've run across folks who've decided not to pay for something, so the title has a lien on it; the lien means the bike belongs to somebody else until the lien has been satisfied. The other scenario is when a "couple" breaks up and the aggrieved party sells something titled in the other person's name. That means the bike belongs to somebody else.
Get the vin# and do a search with Carfax or the like.... if the seller doesn't want you to, well, that should tell you something, shouldn't it. Ps, in most states, receiving something belonging to somebody else is called receiving stolen property, and is a felony |
10-17-2009, 10:46 AM | #3 | |
Moto GP Star
Join Date: Nov 2008
Posts: 11,022
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Quote:
thats my concern, if i tturns out it was totaled by the ins co or something I could live with that. I will ask about the VIN # as well. Tom |
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10-17-2009, 11:23 AM | #4 | |
WERA White Plate
Join Date: Feb 2008
Location: Renton, WA
Moto: Ninja 650R
Posts: 1,920
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The next few days will determine if I ever do it again. Mine has a title, it just missed an owner. The guy that actually has it seems okay, but hasn't mailed it yet. Next time it will probably be "title now or no deal."
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10-17-2009, 11:34 AM | #5 | |
Moto GP Star
Join Date: Nov 2008
Posts: 11,022
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Quote:
Tom |
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10-17-2009, 02:16 PM | #6 |
The Man
Join Date: Feb 2008
Location: CrabTown USA
Moto: 00 Bimota DB4
Posts: 823
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You don't get it: if the lien isn't paid, the bank has the right to repo the bike even if you have a "bill of sale": they have legal title to the bike, not you.
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10-17-2009, 11:45 AM | #7 |
Nowhere Man
Join Date: Nov 2008
Posts: 558
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Years ago there were episodes of LEO's "Raiding" the pits at motorcycle road races looking for stolen bikes. Any racer that didn't have a title got their bike confiscated. Most got their bikes back, but not without a lot of hassle, time and money. I always made sure I had papers on any race bike that had ever been street legal, with me at the races. Seems like this was mostly a Texas thing, but I can't remember for sure.
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10-17-2009, 09:53 PM | #8 |
AMA Supersport
Join Date: Nov 2008
Moto: '04 Kawasaki ZX6RR
Posts: 3,392
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I would just make sure all the t's are crossed and the i's dotted in making sure the bike is "clear".
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10-17-2009, 10:06 PM | #9 |
too much time on my hands
Join Date: Jul 2008
Location: the northern district of god damn
Moto: 01 ZX6R, looking for more now.
Posts: 1,802
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Even with a salvage title, get the VIN and run it through your local DMV and police department to see if there are any legal issues with the bike as well.
So long as those are ok, you should be fine. |
10-17-2009, 10:22 PM | #10 |
Moto GP Star
Join Date: Nov 2008
Posts: 11,022
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I will be getting that done soon too, Either karens brothers will run it for me of if I see some cops in the hospital tonight or tomorrow I will hit them up to do it for me.
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