Trackbike without a title

tommymac · 10-17-2009, 09:32 AM

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

OTB · 10-17-2009, 09:42 AM

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

tommymac · 10-17-2009, 09:46 AM

Quote:

Originally Posted by OTB

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

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

Phenix_Rider · 10-17-2009, 10:23 AM

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."

tommymac · 10-17-2009, 10:34 AM

Quote:

Originally Posted by Phenix_Rider

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."

For a track bike I dont think its as big of a deal since it will never be registered or insured. if someone owes the bank money or something I dont care too much about that just more concerned that its not stolen or anything like that.

Tom

was92v · 10-17-2009, 10:45 AM

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.

OTB · 10-17-2009, 01:16 PM

Quote:

Originally Posted by tommymac

For a track bike I dont think its as big of a deal since it will never be registered or insured. if someone owes the bank money or something I dont care too much about that just more concerned that its not stolen or anything like that.

Tom

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.

tommymac · 10-17-2009, 01:24 PM

Quote:

Originally Posted by OTB

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.

I got that part as well, I was figuring as a track bike it wouldnt be registered or insured so it would be rather difficult to find anyway. However its all moot anyway I did the carfax with the vin he provided and its a salvage title. He told me it had fallen off a trailer so i will get more detail on that and have a mechanic friend look the bike over as well and see if its worth buying.
Tom

Phenix_Rider · 10-17-2009, 07:21 PM

Quote:

Originally Posted by tommymac

I got that part as well, I was figuring as a track bike it wouldnt be registered or insured so it would be rather difficult to find anyway. However its all moot anyway I did the carfax with the vin he provided and its a salvage title. He told me it had fallen off a trailer so i will get more detail on that and have a mechanic friend look the bike over as well and see if its worth buying.
Tom

Salvage title on a track bike is fine by me, obviously. Insurance can total a bike for stupid stuff- if it costs to much to replace the plastics for example. I say ride it, make sure it tracks straight, runs right, and clicks through the gears.

racedoll · 10-17-2009, 08:53 PM

I would just make sure all the t's are crossed and the i's dotted in making sure the bike is "clear".

10-17-2009, 09:32 AM	#1
tommymac Moto GP Star Join Date: Nov 2008 Posts: 11,022	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, 09:42 AM	#2
OTB The Man Join Date: Feb 2008 Location: CrabTown USA Moto: 00 Bimota DB4 Posts: 823	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, 10:45 AM	#6
was92v Nowhere Man Join Date: Nov 2008 Posts: 558	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.

10-17-2009, 08:53 PM	#10
racedoll AMA Supersport Join Date: Nov 2008 Moto: '04 Kawasaki ZX6RR Posts: 3,392	I would just make sure all the t's are crossed and the i's dotted in making sure the bike is "clear".