Would you consider this car? - Page 2 - CorvetteForum - Chevrolet Corvette Forum Discussion

Notices
C6 Corvette ZR1 & Z06 General info about GMís Corvette Supercar, LS9 Corvette Technical Info, Performance Upgrades, Suspension Setup for Street or Track Advertisement
Sponsored by:
Sponsored by:

Would you consider this car?

Reply

 
 
 
Old 02-13-2018, 03:20 PM
  #21  
JDebler
CF Senior Member
 
JDebler's Avatar
 
Member Since: Jun 2001
Location: Nashville area TN
Posts: 334
Thanked 50 Times in 35 Posts
Default

Not a chance.
JDebler is offline  
Reply With Quote
Old 02-13-2018, 03:32 PM
  #22  
MTPZ06
CF Senior Member
Support Corvetteforum!
 
MTPZ06's Avatar
 
Member Since: Dec 2008
Location: Honolulu HI
Posts: 11,256
Thanked 966 Times in 855 Posts
Default

Not sure I'd want this headache if it were free.
MTPZ06 is online now  
Reply With Quote
Old 02-13-2018, 05:05 PM
  #23  
Too-Fast
CF Senior Member
 
Too-Fast's Avatar
 
Member Since: Aug 2009
Location: Chester County Pennsylvania
Posts: 3,502
Thanked 105 Times in 96 Posts
Default

Run Forrest, run...
Too-Fast is offline  
Reply With Quote
Old 02-13-2018, 07:49 PM
  #24  
pjazz
CF Senior Member
 
pjazz's Avatar
 
Member Since: Oct 2001
Location: Louisville KY
Posts: 1,916
Thanked 44 Times in 40 Posts
Default

I'm surprised ebay would allow someone to sell a vehicle when they don't have legal ownership. That being said 82 bids
pjazz is offline  
Reply With Quote
Old 02-14-2018, 06:28 AM
  #25  
stefuel
CF Senior Member
 
Member Since: Aug 2014
Posts: 1,241
Thanked 64 Times in 59 Posts
Default

Shouldn't be hard to figure out. There is a VERY SHORT paper trail associated with this car. It was bought new on 12/17/09. Sale reported to DMV on 12/18/09. Title issued on 1/6/10 (even lists the GA title# indicating loan or lien) and then it fell off the face of the earth. No title updates since indicates the financial institution that loaned the money on it still has the original title. Who knows if ANY payments were made on this car? The add says they did a search and it is not a stolen car. In that search they probably discovered that there is a outstanding note on it for huge money. It cost them money to bid on the contents of the container and realized they bought a money pit and now trying to bail out. That's my best guess but there is a title and it's at the bank.
stefuel is offline  
Reply With Quote
Old 02-14-2018, 06:59 AM
  #26  
stefuel
CF Senior Member
 
Member Since: Aug 2014
Posts: 1,241
Thanked 64 Times in 59 Posts
Default

Because of the short paper trail, you could try to stay under the radar and start your search at the dealership that sold it. They would have the owners name and the lien holders info there because that's who actually paid them for the car. Unless of course GM financed the car and then the flags will fly. I wouldn't touch that car with a 10 foot cattle prod.
stefuel is offline  
Reply With Quote
Old 02-14-2018, 12:20 PM
  #27  
BigVette427
CF Senior Member
 
BigVette427's Avatar
 
Member Since: Aug 2013
Location: Hill Country Texas
Posts: 710
Thanked 110 Times in 78 Posts
Default

It's interesting - I don't believe that the person who possesses the vehicle has any legal right to"sell" the car, other than they possess the vehicle and it's keys. Would like to see local law enforcement look into it before it gets dumped overseas.

Last edited by BigVette427; 02-14-2018 at 12:54 PM.
BigVette427 is offline  
Reply With Quote
Old 02-14-2018, 05:51 PM
  #28  
stefuel
CF Senior Member
 
Member Since: Aug 2014
Posts: 1,241
Thanked 64 Times in 59 Posts
Default

Just out of curiosity, I did a search of policy from my states DMV and this is what I found. Basically here I could not sell that car without a court order.

"Mechanicís Garage and Stored Vehicle Liens

A vehicle may be acquired and sold by a mechanic's garage, public parking garage and storage entities for non-payment of repair or storage fees. The documents required to transfer ownership may vary according to the instructions set out in the Court Order. For example, a judge may order the garage or storage facility to either keep the vehicle in lieu of payment, sell the vehicle to recoup losses, or have the Sheriff seize the vehicle and sell it at public auction.

To transfer ownership, a copy of the Court Order is always required. Depending on the details of the order, other documents may be required, such as a copy of the Execution or a Sheriff's Bill of Sale, will also be required.

For more information on liens by garage and storage entities, please see Massachusetts General Laws Chapter 255 Section 25. For more information on the enforcement of these liens, please see Massachusetts General Laws Chapter 255 Section 26."
stefuel is offline  
Reply With Quote
Old 02-14-2018, 07:59 PM
  #29  
blackvetterzo6
CF Senior Member
 
blackvetterzo6's Avatar
 
Member Since: Apr 2006
Location: DES PLAINES IL
Posts: 3,684
Thanked 35 Times in 27 Posts
Default

What idiot would even bid 30k
blackvetterzo6 is offline  
Reply With Quote
Old 02-14-2018, 08:07 PM
  #30  
MGP1
CF Senior Member
 
MGP1's Avatar
 
Member Since: Aug 2009
Location: N NJ
Posts: 611
Thanked 6 Times in 6 Posts
Default

Originally Posted by blackvetterzo6 View Post
What idiot would even bid 30k
MGP1 is offline  
Reply With Quote
Old 02-14-2018, 08:55 PM
  #31  
chatcher
Thick Member
Support Corvetteforum!
Thread Starter
 
chatcher's Avatar
 
Member Since: Nov 2017
Location: butler pa
Posts: 93
Thanked 25 Times in 19 Posts
Default

Originally Posted by stefuel View Post
Just out of curiosity, I did a search of policy from my states DMV and this is what I found. Basically here I could not sell that car without a court order.

"Mechanicís Garage and Stored Vehicle Liens

A vehicle may be acquired and sold by a mechanic's garage, public parking garage and storage entities for non-payment of repair or storage fees. The documents required to transfer ownership may vary according to the instructions set out in the Court Order. For example, a judge may order the garage or storage facility to either keep the vehicle in lieu of payment, sell the vehicle to recoup losses, or have the Sheriff seize the vehicle and sell it at public auction.

To transfer ownership, a copy of the Court Order is always required. Depending on the details of the order, other documents may be required, such as a copy of the Execution or a Sheriff's Bill of Sale, will also be required.

For more information on liens by garage and storage entities, please see Massachusetts General Laws Chapter 255 Section 25. For more information on the enforcement of these liens, please see Massachusetts General Laws Chapter 255 Section 26."
I kinda figured this is how it would have to go. It seems like the winning bidder could have it repossessed when they try to have it titled but it doesn't seem to be stopping anyone from bidding.
chatcher is offline  
Reply With Quote
Old 02-14-2018, 09:22 PM
  #32  
6spdg37s
CF Senior Member
 
Member Since: Oct 2008
Location: Staten Island/NJ NY/NJ
Posts: 1,653
Thanked 39 Times in 31 Posts
Default

def interested in seeing how this story plays out. I would stay away but real curious on the back story of this car.
6spdg37s is offline  
Reply With Quote
Old 02-14-2018, 10:52 PM
  #33  
Richard454
CF Senior Member
 
Richard454's Avatar
 
Member Since: May 2003
Location: Atlanta GA
Posts: 3,817
Thanked 511 Times in 414 Posts
Default

Not a great idea...

I found all this info via the internet in less than 5 minutes...

Title #:2961100068040 (Lien Reported)
not released as reported on Carfax
VIN-1G1YZ26E095110000

Purchased by Rebecca M of Hoschton, GA 01/06/2010 from Maxie Price Chevrolet



Even the Georgia DMV could let you know real quick if there is still a lien on it- the seller MUST know that...

Richard
Richard454 is online now  
Reply With Quote
Old 02-14-2018, 11:47 PM
  #34  
reasonable suspicion
CF Senior Member
 
Member Since: Jan 2013
Location: what ain't no country I ever heard of
Posts: 1,267
Thanked 55 Times in 47 Posts
Default

Originally Posted by Richard454 View Post
Not a great idea...

I found all this info via the internet in less than 5 minutes...

Title #:2961100068040 (Lien Reported)
not released as reported on Carfax
VIN-1G1YZ26E095110000

Purchased by Rebecca M of Hoschton, GA 01/06/2010 from Maxie Price Chevrolet



Even the Georgia DMV could let you know real quick if there is still a lien on it- the seller MUST know that...

Richard

yep, as i said earlier in the thread, ,,,,, I'll bet there is still a lien. Bank is going to take the car back. There is no way to register it......ebay winner can either part it, or use it for a track car.
reasonable suspicion is offline  
Reply With Quote
Old 02-15-2018, 05:41 AM
  #35  
stefuel
CF Senior Member
 
Member Since: Aug 2014
Posts: 1,241
Thanked 64 Times in 59 Posts
Default

At this time almost to $37K with damage from towing. There is 717 watchers on this car. Would not surprise me if the authorities are lurking, waiting for the sale and actual transfer of money then grab both parties for intent of some sort. Find it hard to believe that many people watching and no one has reported it. Run the carfax again right at the end of the auction and see if the bank reports it as stolen.
stefuel is offline  
Reply With Quote
Old 02-15-2018, 08:39 AM
  #36  
Bryan91SE
CF Member
 
Member Since: Aug 2015
Location: Indianapolis Indiana
Posts: 71
Thanked 7 Times in 6 Posts
Default

The only way I would ever consider this is to ascertain the lien and make a deal with the bank in advance. The price would have to be right to factor in everything you all mentioned. Too much uncertainty makes this risky.

Last edited by Bryan91SE; 02-15-2018 at 02:48 PM.
Bryan91SE is offline  
Reply With Quote
Old 02-15-2018, 08:56 AM
  #37  
JasonAndrew
CF Senior Member
 
JasonAndrew's Avatar
 
Member Since: Mar 2017
Posts: 471
Thanked 22 Times in 20 Posts
Default

I am confused as to why they wouldn't even clean it off, just even a little bit. There may be some scratches under all that dust. If whoever stored it didn't even have the decency to cover it (a $70k car?), what other red flags are there? I'm surprised the ad didn't say, "I don't need to sell it" Nice car though. Is that hood stock? Those 700 miles may be a good beaten 700 miles, with the 427 not even broken in. The exhaust tips look pretty black.

Last edited by JasonAndrew; 02-15-2018 at 09:03 AM.
JasonAndrew is offline  
Reply With Quote
Old 02-15-2018, 08:59 AM
  #38  
JasonAndrew
CF Senior Member
 
JasonAndrew's Avatar
 
Member Since: Mar 2017
Posts: 471
Thanked 22 Times in 20 Posts
Default

Originally Posted by chatcher View Post
This is a bill of sale only situation. The buyer will be responsible for acquiring title after sale so it may show up after the winner takes possession and then what? I also can't for the life of me see how someone would abandon this car in a storage locker.
Perhaps hiding it from being repossessed?
JasonAndrew is offline  
Reply With Quote
Old 02-15-2018, 09:14 AM
  #39  
Jaybird29
CF Senior Member
 
Jaybird29's Avatar
 
Member Since: Dec 2009
Location: NC
Posts: 254
Thanked 31 Times in 30 Posts
Default

Originally Posted by MTPZ06 View Post
Not sure I'd want this headache if it were free.
Exactly and now its up to $38k.
Jaybird29 is online now  
Reply With Quote
Old 02-15-2018, 12:10 PM
  #40  
Nowanker
CF Senior Member
 
Member Since: Nov 2013
Location: SF Bay Area Ca
Posts: 1,213
Thanked 99 Times in 86 Posts
Default

You'd have to out of your f*ckin' mind!
'if we get the title, then the price would go up...'
Translation: "If we apply for a new title, then the car will be reclaimed by the actual owner"
Love to see how this one plays out in court.
Nowanker is offline  
Reply With Quote

Thread Tools
Search this Thread
Quick Reply: Would you consider this car?


Sponsored Ads
Vendor Directory

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: