Do a very thorough investigation; buy a car without a title
There are a few valid reasons why a seller may not have a vehicle title. The original document may have been lost, mutilated, or stolen. Various vintage cars are also quite difficult to register and obtain a title. The previous owners of the car also did not have the title of the vehicle. Since there are valid reasons, there may also be illegal reasons. One of those reasons is that the vehicle is stolen. That is why you have to do a thorough research on the vehicle you want to buy.
You can use online resources to obtain a vehicle history report. AutoCheck and Carfax are accredited sites that can give you the legal status of the car. They can provide substantial information. These can include the status of the car’s title and the odometer reading. The report can also include any insurance claims or accident history. Use these bits of information to compare with what the salesperson tells you. If there is any inconsistency between what the seller says and the VHR information, it is best to walk away.
Can you buy a car without a title? If you can. However, you should also check with your state Department of Motor Vehicles. Obtain the seller’s Vehicle Identification Number (VIN) and use it in your DMV transaction. You can request the vehicle’s history. You can also confirm the legal status of the car. Please note, however, that the DMV may not be able to answer all of your questions due to confidentiality and privacy issues.
You can buy a car without title, vehicle without title of ownership
The National Office of Insurance Crimes can also be a helpful resource in determining the status of an untitled car. Use the vehicle’s VIN to check for reports of unrecovered stolen vehicles on the car.
Any red flags you see in your thorough investigation should already justify canceling the plan to buy an untitled vehicle.
Related Post: 10 Best Car Buying Apps
Execute a sales invoice; purchase of cars without title
It’s always wise to run a bill of sale, even if there are no red flags in the vehicle’s history and title status. It is also one of the most important documents you will need to register the vehicle in your name. This also addresses the question, ‘can you register a car without a title?’
Get all the necessary information about the vehicle and the seller when drawing up the bill of sale. Be sure to specify the vehicle identification number and the mileage of the car. It is also essential to indicate the sale price of the vehicle. Include any terms that are relevant to the sale. For example, if the seller sells the vehicle as is, they must also include it on the bill of sale. Also include terms like “seller to provide car title” or other similar phrases. Explain the inclusions and exclusions of the sale.
The bill of sale must also include the complete information of the parties to the transaction. You must write the full name, full address, and contact numbers of both the buyer and the seller. It would also be helpful if you can get a photocopy of the seller’s valid ID card.
Make sure both parties agree to the terms of the bill of sale. Once you both agree, you can pay the seller the amount indicated on the bill of sale. As much as possible, do not pay in cash. What you want is to have proof of your payment. A money order or check is much better. These payment methods can leave a paper trail for authorities to track you down in case there are problems with your car.
If the seller promises to provide you with the car title at a later date, it is best to put the money into an escrow account. The seller will not be able to get the money until he has provided the title of the …