How does title transfer work while buying from a dealer? - Maxima Forums



General Maxima Discussion This a general area for Maxima discussions for all years. For more specific questions, visit one of the generation-specific forums.
Sponsored by:
Sponsored by:

How does title transfer work while buying from a dealer?

Reply
 
 
 
Thread Tools Search this Thread
Old 03-29-2009, 01:06 PM   #1
Member
Thread Starter
 
Join Date: May 2005
Posts: 104
How does title transfer work while buying from a dealer?

Yesterday, I bought a car from a man named Paul Leroy Taylor in Minneapolis, MN.

I'm starting this thread because it seems that neither he nor I really know how the process of buying from a dealer works. Paul was essentially a guy with a dealer's license - there was no big car lot or anything like that.

I signed the back of the title to transfer ownership to me. The name currently on the title was some other person who was not present. Is this normal? I talked to my dad about it on the phone, and he said that it should be fine. But I am quite paranoid about it. Paul said that he or one of his associates would take the title to the DMV monday to have it transferred over.

Should I be worried about this? How can I ensure that I do not get ripped off?
88FordFestiva is offline   Reply With Quote
Old 03-29-2009, 02:20 PM   #2
Turbo'd Saab
iTrader: (17)
 
DrunkieTheBear's Avatar
 
Join Date: Feb 2007
Location: Albany, NY
Posts: 35,018
Quote:
Originally Posted by 88FordFestiva View Post
Yesterday, I bought a car from a man named Paul Leroy Taylor in Minneapolis, MN.

I'm starting this thread because it seems that neither he nor I really know how the process of buying from a dealer works. Paul was essentially a guy with a dealer's license - there was no big car lot or anything like that.

I signed the back of the title to transfer ownership to me. The name currently on the title was some other person who was not present. Is this normal? I talked to my dad about it on the phone, and he said that it should be fine. But I am quite paranoid about it. Paul said that he or one of his associates would take the title to the DMV monday to have it transferred over.

Should I be worried about this? How can I ensure that I do not get ripped off?
First of we should keep specific names out.

Second, I wouldn't trust it unless the person on the title is really there to sign it over. Especially if the vehicle is stolen, you have now been deemed on knowing the vehicle was stolen because you saw that the person on the title was not present, which can result in a fine, if the vehicle is indeed stolen.

This also seems to be a private sale, I hope you have not paid him completely yet and let him keep the title. Personally, if I give someone the cash, they give me the title and keys, not they get to keep both. You can transfer the title yourself, they don't need to do it for you.

All that needs to be done is the original owner signs the title over to you. You give him money, he should then make a bill of sale stating the car is being sold over to you and for the amount, just for your records. Take it to title office and they finish everything out for you and you will either elect to get a new plate or transfer the car over onto an existing plate.

Last edited by DrunkieTheBear; 03-29-2009 at 02:22 PM.
DrunkieTheBear is offline   Reply With Quote
Old 03-29-2009, 02:30 PM   #3
Senior Member
iTrader: (22)
 
Join Date: Dec 2006
Posts: 7,803
yea, on the original title, the owner should have his signature and how much you paid for the car (preferably less than the amount, to save u at the MVA) but if the owner still has payments on the car IDK how you would go about it because he also technically dont have the title
Grand_hustle17 is offline   Reply With Quote
Old 03-29-2009, 05:52 PM   #4
Newbie - Just Registered
 
Join Date: Mar 2009
Location: Seattle, WA
Posts: 8
you should goto your local MVB to find out the details.
guardian452 is offline   Reply With Quote
Old 03-29-2009, 06:36 PM   #5
iTrader: (19)
 
Join Date: Nov 2008
Location: Oklahoma City
Posts: 1
the ppl above pretty much explained it, but good luck with everything.. hope you don't get screwed over, keep us updated
tookrzy4u192 is offline   Reply With Quote
Old 03-29-2009, 07:12 PM   #6
mod or sell?
iTrader: (30)
 
internetautomar's Avatar
 
Join Date: Sep 2003
Location: Skokie (look it up)
Posts: 19,756
every state has different rules about titles

talk to your local titleing authority.

Never buy a car from anyone without a title being handed to you.
if they don't have a lot then they aren't a legal dealer (haven't found a state that allows otherwise)
internetautomar is offline   Reply With Quote
Old 03-29-2009, 10:55 PM   #7
Senior Member
iTrader: (1)
 
Join Date: Jan 2009
Location: San Diego
Posts: 1,040
+OK, first of all, if he is really a dealer he would know how to hande the paperwork and he would lose his license if he did illegal DMV stuff

2nd, "jumping title", which is what he did when he gave you the title. A dealer would send the signed-over title to the DMV and then they would send you a new title with your name only on it. By giving you the title, he forces you to do the paperwork.

That is something licensed Wholesalers might do, but not licensed dealers.

By jumping title, he avoided paying sales tax that was probably due...
trooplewis is offline   Reply With Quote
Old 03-29-2009, 10:57 PM   #8
Senior Member
iTrader: (1)
 
Join Date: Jan 2009
Location: San Diego
Posts: 1,040
Quote:
Originally Posted by internetautomar View Post
every state has different rules about titles

talk to your local titleing authority.

Never buy a car from anyone without a title being handed to you.
if they don't have a lot then they aren't a legal dealer (haven't found a state that allows otherwise)
Why would a dealer hand you a title? Do dealers in your state make you do your own DMV paperwork?
trooplewis is offline   Reply With Quote
Old 03-30-2009, 05:05 AM   #9
Supporting Maxima.org Member
iTrader: (59)
 
nsnrider's Avatar
 
Join Date: Jun 2006
Location: Chicopee, MA
Posts: 2,785
if he is a licensed dealer, his name does not have to be on the title. Most cases, he gets the car from an auction or trade in where the previous owners name is on the front, the previous owner should sign over the title (most cases over to the dealers name) but sometimes just signs it over. The dealer can pay ($25 in MA) to have the title put back in his name but is not required to do so. The dealer can attach a reassignment form and sell it out right. Dealer does not pay taxes on the car as he/she is technically not an owner of that vehicle. (notice that most times it doesn't show up as another owner when vehicle goes through an auction).

anyways, it is fairly common to have the title signed over to you, and get all the paper work in hand for you to go to the registry to pay taxes and get a registration. The dealer does not have to be present.

Be aware though, of paying the guy money and not having anything to prove that you purchased a car, as you might be headed for a world of problems.

Don't get too worried yet, go in and see what happens. It might be that this is a new dealer who is probably selling his first car in his life. (Everyone starts off somewhere).

Anyways, good luck and keep us posted.

It would be very wise of you to go onto your states official website and read up on the laws in your state as laws are different from state to state.
nsnrider is offline   Reply With Quote
Old 03-30-2009, 07:06 AM   #10
Member who somehow became The President of The SE-L Club
iTrader: (19)
 
Join Date: Jun 2001
Posts: 16,047
As was stated above, if he was truly a dealer, he jumped title. A big NO NO.

I smell a rat.
njmaxseltd is offline   Reply With Quote
Old 03-30-2009, 09:33 AM   #11
Senior Member
iTrader: (1)
 
Join Date: Jan 2009
Location: San Diego
Posts: 1,040
I've never heard of a dealer who just hands the customer the title, unless the customer was taking the vehicle out of state to register it.

Even then, then dealer has to fill out the paperwork for the state the dealer is in just to cover his butt.
trooplewis is offline   Reply With Quote
Old 03-30-2009, 03:13 PM   #12
Member
Thread Starter
 
Join Date: May 2005
Posts: 104
I talked to the local DMV today, and I told the lady everything about the title and how the transaction happened. She said that there were no red flags, and that it would likely all work out.

If not, it was not the largest sum of money, so I don't plan on bending myself out of shape about it.
88FordFestiva is offline   Reply With Quote
Old 03-30-2009, 06:12 PM   #13
Turbo'd Saab
iTrader: (17)
 
DrunkieTheBear's Avatar
 
Join Date: Feb 2007
Location: Albany, NY
Posts: 35,018
I trust instincts, you know the situation better then us. But to come on here and ask if you should be paranoid tells me that you are indeed a bit nervous about the transaction and trusting this person. Gut feelings are always right.

Just food for thought
DrunkieTheBear is offline   Reply With Quote
Old 03-31-2009, 12:12 AM   #14
Member
 
Join Date: Feb 2006
Location: BAY AREA
Posts: 75
In the past when I bought car private party, I usually had them sign a "Bill of Sales" and i put their license info myself. Also, in CA, there is a portion on the pink slip for the seller and buyer that each take with him and send into DMV. I've bought a car from a person whose name is not on the pink slip, but it was signed by the original owner. Everything went smooth without a hitch at the DMV. My recent car, the dealer did not give me a pink slip. They printed out some forms and attached it to the window saying I purchased the car. They handled the paper work and I just waited til the pink slip was mailed to me.
NAMEL355 is offline   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
VA 1997 GLE (salvage title) runs! rtirbany Maximas for Sale / Wanted 2 09-08-2015 11:46 AM
VA 2001 Canadian SE 20A homeyclaus Maximas for Sale / Wanted 1 09-03-2015 06:15 PM
KY 99 Bose HU and speakers jerrod99_se-l 4th Generation Classifieds (1995-1999) 2 08-27-2015 08:27 PM
FL 5.5 Maf kenc15 5th Generation Classifieds (2000-2003) 0 08-05-2015 08:29 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -7. The time now is 08:25 AM.