Absolutely,a dealer can sell you a vehicle with a salvaged title. Each state has there own laws but in most states you must disclose to the consumer that the vehicle you are selling to them has SALVAGED history. The selling dealer must disclose this on the state title forms and on the BILL of SALE.If the selling dealer does not disclose this,then you have a legal rights against the dealer.
It is very difficult to by a salvaged cars. In some cases the vehicle is in good enough shape that with some repair it can be road worthy again so it is sold with a salvage title. When the vehicle is inspected and once again registered a normal title will be issued.
You must prove that it was sold to you and have the person named in the title sign it and the bill of sale. If the bike was salvaged you can take steps through your local DMV to have you renamed as the owner.
Oh yes. You need to get that title in the name of the new owner.
i have a person who sold me a car under bankrupcty, and i need the title . gow can i tell if its still under or not?
If the previous owner signed off on the vehicle as "parts ONLY", then that means that the title is non-transferable. When a vehicle is sold as parts only, there doesn't even have to be a title. It could just be a slip of paper stating that's how the vehicle was sold; however, if you're a LICENSED OWNER of one of the above, you can claim the vehicle as abandoned/salvaged/auctioned, ect. which you would need proof of, and then the DMV would issue you a new title in your name stating one of the above or something similar.
LEGALLY, YES, you can go get it IF your name is on the TITLE. be ready to deal with the money part of the deal from him.
Buying a car "as is" still covers you under the lemon law. If the car had prior history of breakdown, rebuilt, flood damage, salvaged title, incorrect odometer, or was used for business purposes. You can get your money back. Some states vary on these so check with your specific state to be sure
Someone sold you a bike with the wrong title. Here's the most likely reason why, many times when bikes are wrecked they may still be rideable, but the insurance company has totalled the bike and turned the existing title on bike to either junk or salvaged status. If it has a salvage title the bike can be licensed and ridden in many states, but the value of the bike is greatly diminished. If the bike has been given a "junk" title, then no matter how well the bike rides and looks, it can only be used as parts and in most states will NEVER be titled, so here is the catch...People will sell a frame, or just the title to a different bike with a good title, one that has not been deemed "salvage" or "junk" and use this "incorrect" title to actually license the vehicle for use. They may buy a complete "titled" frame (since the title is associated with the frame ID numbers) and put all the parts from the old bike on the "titled" bike and they are good to go. The problem in your case is that they sold you a bike that is actually a 750 with a "junk" or "salvaged" title, but gave you a good "600" title to make you think you have a clear title. At least, this is what it sounds like to me.
1. to avoid the hassles(possible lawsuits) next time, BETTER paperwork on your part. Contract, payment record, security lien on the car.IF the title is in your name, you are merely taking possession of your car. How will you explain why you did it when the debtor reports it stolen? He said/you said???If the title is still in your name, you actually have more leverage. The car is still legally yours. If you have any questions feel free to email me, I own my own repossession company.
Well, the right way to do it would be to take the friend to court and sue him for the money. The underhanded sneaky thing would be to report the car stolen, as the title is not in his/her name.
Once they are repossesed by insurance companies and salvaged titled they will more than likely be resold if not demolished or sold for scrap depending on severity of the damage.
Depending on the value of the car, you might be able to sell just the title to someone. Very limited value in just a title.