Should I just go get a bonded title for my car?
I bought a 1997 Ford Mustang from a private owner and they told me originally that all he had to do is go to the DMV and get the title and he would mail it to me. So I bought the car. Later on, the car breaks down and I'm stuck here with a broken car I want to sell and no title. So I ask where it is at and he tells me a whole story of how the person he bought it from needs to give him the title, but he is being lazy. It took me a week to get the original owners number. So I contact him about the title and he tells me he has to get a new title, which apparently this one is going to take up to 6 weeks to get, because it is a rebuilt title and he isn't actually the original owner of the vehicle. So I'm a victim of title jumping. I need a new car and in order to start getting money and get this car from my drive way, I need the title. So should I get a bonded one?
Never trust anybody except your dog. Consult with a lawyer about a bonded title. It is very unlikely you can get one for a salvage title but a lawyer will tell you how to proceed with your situation.
If it were me, I would take the vehicle back to your seller and demand that your money be returned and tell him to get his own F-----ing title. But that is up to you. Get a title any way you can get a title but while you are at it, turn this guy in to the DMV for "title jumping". And next time don't fork over a dime until you are absolutely certain that you get a title. A title that is valid, clean and merchantable, for any vehicle you want to purchase.
It takes two party's to perform a title jumping scheme… YOU were one of those party's.
Consult an attorney, this is a scam.
Depends on state laws, paperwork, value. You need to prove provinence of vehicle and seems like you have salvage from at least 2 cars-- and probably no traceable junking certificate, no licensed dealer in the transfer process. Legally in some states you bought a collection of 'PARTS", not a licensible vehicle- and bill of sale will keep a felony possession of stolen vehicle with intent charge away - but may mean civil forfeiture of 'PARTS" if reported stolen.
No dude just no
Yep
Yes
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