LOL at this guy. Title issue drama inside.
01-23-2010, 06:43 PM
#41
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Re: LOL at this guy. Title issue drama inside.
you are completely missing the point that the vehicle HAS to be titled/nr certificate/whatever to "steve" before it can legally be sold to the individual in IA.
The dealer in SC cannot issue the title to the dude in IA, cause they are not the one that sold it to them.
Bottom line is "steve" has to get the vehicle in his name in some form, whether it be a repo title reissue, a salvage certificate, or whatever, then he signs it over to the IA dude.
the father is correct, and to be honest, I would be pretty happy he is giving this final opportunity to fix it, since its pretty apparent that both the seller and purchaser are not well versed in this situation.
cliff notes:
"steve" gets vehicle titled in his name from SC dealer.
"steve" signs title over to IA purchaser.
I really do not see what the big deal is here, it is standard procedure for selling a vehicle.
The dealer in SC cannot issue the title to the dude in IA, cause they are not the one that sold it to them.
Bottom line is "steve" has to get the vehicle in his name in some form, whether it be a repo title reissue, a salvage certificate, or whatever, then he signs it over to the IA dude.
the father is correct, and to be honest, I would be pretty happy he is giving this final opportunity to fix it, since its pretty apparent that both the seller and purchaser are not well versed in this situation.
cliff notes:
"steve" gets vehicle titled in his name from SC dealer.
"steve" signs title over to IA purchaser.
I really do not see what the big deal is here, it is standard procedure for selling a vehicle.
So if the dealership (say for instance) refuses to help, or dosent exist anymore, he can apply for a salvage title for this car?
01-23-2010, 06:49 PM
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Re: LOL at this guy. Title issue drama inside.
why doesnt the tool just let the bank deal with it. shit im sure they could just come up with a clean title faster than they could. but if they can and they take posseion of the vehicle just buy it back. again what dumbass takes out an autoloan for 2000 dollars. either way the bank will get what they want..lulzz
01-23-2010, 06:52 PM
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Re: LOL at this guy. Title issue drama inside.
A repossession title is given to the lien holder when it is brought back into their possession, so they can regain legal ownership rights.
If the lienholder is no longer in business, most of the time any legal claims they have to the vehicle are gone, but it depends on how they went out of business. If they filed bankruptcy, it gets complicated real fast.
If the dealer was the lienholder (ie a typical buy here, pay here establishment) they should help. I would not expect them to do it for free, if it were my problem I was dealing with I would get down there and speak with them in the universal language: cash. Offer to pay them for their time, and be professional and it will be done quick.
If the dealer is out of business, it is gonna be hard cause it will have the lien released at the SC DMV and then titled in VA, then signed over to the IA guy.
01-23-2010, 08:42 PM
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Re: LOL at this guy. Title issue drama inside.
To add; I've had a lien holder taken off a title. I literally called up the bank, spent 15 min on the phone, they checked the account, determined the lien had been satisfied, and sent a letter stating such. I took this letter, along with a certifed mail reciept to the DMV (abandoned vehicle) and I recieved a title in my name. If the lien has been satisfied or the lien holder is willing, they can remove themself from the title. This would probably be the easiest way to remedy this situation.
Edit: also, you told the purchaser that the car couldn't be title in VA. . . you never mentioned Iowa. Did you make it very clear that the car was being sold for parts only, or did you just mention there was title issues? To save headache - next time, either sell a car with a valid title, or for parts only.
Edit: also, you told the purchaser that the car couldn't be title in VA. . . you never mentioned Iowa. Did you make it very clear that the car was being sold for parts only, or did you just mention there was title issues? To save headache - next time, either sell a car with a valid title, or for parts only.
Last edited by RandomTask; 01-23-2010 at 08:47 PM.
01-24-2010, 07:50 AM
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Re: LOL at this guy. Title issue drama inside.
To add; I've had a lien holder taken off a title. I literally called up the bank, spent 15 min on the phone, they checked the account, determined the lien had been satisfied, and sent a letter stating such. I took this letter, along with a certifed mail reciept to the DMV (abandoned vehicle) and I recieved a title in my name. If the lien has been satisfied or the lien holder is willing, they can remove themself from the title. This would probably be the easiest way to remedy this situation.
Edit: also, you told the purchaser that the car couldn't be title in VA. . . you never mentioned Iowa. Did you make it very clear that the car was being sold for parts only, or did you just mention there was title issues? To save headache - next time, either sell a car with a valid title, or for parts only.
Edit: also, you told the purchaser that the car couldn't be title in VA. . . you never mentioned Iowa. Did you make it very clear that the car was being sold for parts only, or did you just mention there was title issues? To save headache - next time, either sell a car with a valid title, or for parts only.
WE told the guy that there were issues titling it beucase of the dealer fuck-up. WE TOLD HIM the car was for parts only, but steve included the title in case the guy wanted to try for himself.
After researching this, the only thjing the guy can sue for is $1300, which is what he wrote on the bill of sale. If he attempts to go to court, he is going to lose money. The state of VA is the only thing he really has to worry about at this point.
01-24-2010, 08:16 AM
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Re: LOL at this guy. Title issue drama inside.
WE told the guy that there were issues titling it beucase of the dealer fuck-up. WE TOLD HIM the car was for parts only, but steve included the title in case the guy wanted to try for himself.
After researching this, the only thjing the guy can sue for is $1300, which is what he wrote on the bill of sale. If he attempts to go to court, he is going to lose money. The state of VA is the only thing he really has to worry about at this point.
After researching this, the only thjing the guy can sue for is $1300, which is what he wrote on the bill of sale. If he attempts to go to court, he is going to lose money. The state of VA is the only thing he really has to worry about at this point.
01-24-2010, 08:20 AM
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Re: LOL at this guy. Title issue drama inside.
Here's the problem.............
There's no paper signed by both parties stating that they acknowledge the problem with the title.
Therefore, old dude with best inentions for his son is pretty much in a tough situation or simply stated, FUCKED. Guy who sold the car is going to jail because old dude from Iowa said so. Just sayin'
There's no paper signed by both parties stating that they acknowledge the problem with the title.
Therefore, old dude with best inentions for his son is pretty much in a tough situation or simply stated, FUCKED. Guy who sold the car is going to jail because old dude from Iowa said so. Just sayin'
