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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 |
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 |
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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 |
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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Tom |
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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Tom |
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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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