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Wisdom & Authority Title Solutions

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SERIOUS AUTO TITLE PROBLEMS: SELLING A VEHICLE WITHOUT A TITLE (SEGMENT 2)

Posted on April 27, 2015 at 10:39 AM











You have a vehicle that you need to sell, but you don't have the title.  You decide to just give the buyer a bill of sale and tell them that they can get a title with just that.  No worries right?  After all, you can't find the title (we'll see...)  In this next segment of Serious Auto Title Problems, we'll take a look at Selling a Vehicle Without A Title.  Matters that will be regarded are: reasons why people sell vehicles without titles, the types of people who sell vehicles without titles and the consequences that arise when selling a vehicle without a title.


Reasons Why People Sell Vehicles Without Titles:

The main reason why people sell vehicles without titles is because they don't want to be bothered by DMV and the process of getting a title.

Other Reasons Are:

  • The seller isn't the legitimate owner of the vehicle and lacks proper ownership documents to begin with.

  • A car flipping scheme is present.  The individual/s don't make it a priority to get a title because they just want to flip the vehicle for quick cash.


Types of People Who Sell Vehicles Without Titles:

When it comes to people selling vehicles without titles; generally you'll find the following:


  • Car Thieves

  • Individuals who have a lien on the vehicle and no longer want or can make payments on the vehicle and looks for a way to sell their vehicle quickly, to make quick cash.

  • Illegal "dealers"

  • Car flippers/curbstoners

  • Individuals who decide buys a vehicle without receiving a title and later changes their mind about keeping the vehicle and decides to sell the vehicle even though they don't have a title. As a result a title skipping issue occurs.



Consequences When Selling Vehicles Without Titles:

While selling a vehicle without a title may not seem like a big deal, and the opportunity to escape DMV red tape may be tempting; the following outcomes occurs; should you decide to sell a vehicle without a title:


  • Fines and or imprisonment (as selling a vehicle without a title is illegal)

  • Dealers can lose their dealer license

  • Lawsuits can be brought on by the buyer who didn't receive a title from the seller/owner of the vehicle.

  • Lienholders can take legal action against their customer who decides to sell the vehicle without their consent-NO TITLE WAS CLEARED AND RENDERED.



While it may appear effortless to sell a vehicle without a title; a warning to those who choose to do so is that legal persecution and financial misfortune is around the corner should they avoid taking the legal path in obtaining a title.


Wisdom & Authority Title Solutions LLC is your title source and expert on basic and extremely complicated title matters.


©2015 Wisdom & Authority Title Solutions LLC. All Rights Reserved.

Categories: Selling a Vehicle Without a Title

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