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This just occurred to me, why didn't you just put in your name so it would've been like the original owner was selling it to you, it would've sped up the process instead of Joe blow having to go and get a title and pay more tax fees etc. kind of unorthodox but I don't know. But the title is clean, look at the carfax. My definition of clean is that the title is not salvage, rebuilt, tmu, etc. we have a few dealers and I've seen all types of titles. Sent from my iPhone using Tapatalk |
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Right. Close to the same thing that happened to me. Seller put their name in the buyers section. DMV gave me a affidavit of correction… filled it in and they told me to scribble in the sellers info lol. Worked out just fine. I guess the dude made a new title might as well be patient and wait for it. Good luck. Sent from my iPhone using Tapatalk |
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Case in point: Most of us would refuse to sign over the title to a vehicle and let a stranger drive it away with payment made by personal check for $11K. Does one need to be an attorney to understand this risk? I hope not! |
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My FINAL thoughts
Here is the known truth.
The Government ALWAYS gets their money. They have the manpower to pursue it to the ends of the USA. I would recommend this to any person buying a car. Call or get online to your specific State DMV. They have the answer. I learned (thankfully) that had I slapped down the cash and driven the car away, I would have a very difficult and expensive mess on my hands. Many people believe that a bill of sale is good enough. Where I live it is used for toilet paper. It means nothing more than proof that you bought a vehicle. Probably not notarized, it's worthless. I did learn that in my state, you can type in the VIN. it will spit back a taxable dollar amount. Surprisingly, my X5 of interest is "worth" or taxable value is 80% of 3600 dollars. As I have done every time in the past, I tell the tax collector what I ACTUALLY paid for the vehicle. It is THOUSANDS more than the minimum tax that WILL be assessed. From here on out I will tell them I paid 5 dollars more than their "Taxable value" If you are a tax collector please disregard this posting. |
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Oh, and yes... always find out the assumed value. Unfortunately you have to have a seller who will play ball with you for that to work. I had to pay full pop on the sales price of $10500 for her mtec X3 because the seller wanted everything notarized and done at the bank. Application for title, filling out the title, and bill of sale. No fudging numbers in that case... :dunno: |
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