Would you consider this car?
#22
Team Owner
Not sure I'd want this headache if it were free.
#24
Melting Slicks
Member Since: Oct 2001
Location: Louisville KY
Posts: 2,559
Received 161 Likes
on
124 Posts
2020 Corvette of the Year Finalist (performance mods)
C6 of Year Winner (performance mods) 2019
I'm surprised ebay would allow someone to sell a vehicle when they don't have legal ownership. That being said 82 bids
#25
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.
#26
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.
#27
Drifting
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.
#28
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.
"Mechanic’s 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."
"Mechanic’s 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."
The following users liked this post:
Pauls zo6 (01-13-2024)
#31
Thick Member
Thread Starter
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.
"Mechanic’s 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."
"Mechanic’s 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."
#33
Le Mans Master
Member Since: May 2003
Location: Fernandina Beach FL
Posts: 8,476
Received 3,218 Likes
on
1,730 Posts
2023 Restomod of the Year finalist
2020 C3 of the Year Winner - Modified
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
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
#34
Melting Slicks
Member Since: Jan 2013
Location: what ain't no country I ever heard of
Posts: 2,220
Received 324 Likes
on
247 Posts
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
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.
#35
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.
#36
Instructor
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.
#37
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.
#38
Perhaps hiding it from being repossessed?
#40
Melting Slicks
Pro Mechanic
Member Since: Nov 2013
Location: Ex DPRK, now just N of Medford, OR
Posts: 2,911
Received 734 Likes
on
544 Posts
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.
'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.