I live in CT and purchased a car from a NY state dealer. Since I purcahsed the car after the DMV was closed for the day, the dealer told me they would have to overnight me the title by mail.
Was it a wise decision to purchase the car from them without giving me the title directly as I gave them the money (check)?
I have:
The car
Bill of sale
Odometer reading statement
New York State "In-Transit" registration
Insurance card (car is insured by me)
I'm not doubting that the dealer will send me the title, but I am just preparing for the worse (they don't send me the title). Am I the rightful owner? Was it wise to do this? Is this standard practice?
After 30 days the temp registration is up and I can't even drive the car anymore! I need the title in order to register the car in CT!
2006-08-18 06:07:43 · 15 answers · asked by CD 1 in Cars & Transportation ➔ Buying & Selling
It's a reputable Ford dealer...been around for 50 years.
My only guess why this happened is that they usually deal with people from NY who want to buy vechicles...so NY DMV does all the paperwork. In this case, I have to do all the paperwork since I'm registering at CT DMV.
2006-08-18 06:17:30 · update #1
JUDGING BY WHAT ALL THEY GAVE YOU I DONT THINK THAT THEY ARE TRYING TO RIP YOU OFF... BUT IF YOU DONT RECIEVE THE TITLE JUST CONTACT THE DMV, OR COUNTY CLERK AND FIND THE STEP TO FILE FOR A LOST TITLE..
2006-08-18 06:17:13 · answer #1 · answered by SUBYDUDE 2 · 0⤊ 0⤋
Well, you're right that they will probably send you the title. But generally, and especially from a private party, a car without a title is a VERY bad idea. No, you are not the owner. In fact it's possible that the dealer you bought it from isn't the owner, but merely is holding the title in the owners name to sell on their behalf. No, it's not standard practice. On the surface it doesn't look good. Why didn't they have the title in their files? Surely someone at the dealers is a notary that could verify signature and then give it to you. Good luck on getting it squared away.
2006-08-18 06:16:37 · answer #2 · answered by oklatom 7 · 0⤊ 0⤋
If the car you bought is new and you paid cash, the dealer will forward the paper work to the DMV and the office will mail you the title. If you financed the card, the title is sent to the financing company because of the lien on your car. They will maail you the title when you have paid the car loan. If the car is leased, yo will never see the title but they can mail you a copy.
If the car is pre-owned and you paid cash, the paper work will be forwarded to the DMV, and the office will issue a new title in your name and mail it to you. If financed, the title will be mailed to the financing company who has lien over the car.
2006-08-18 06:35:46 · answer #3 · answered by cherox 3 · 0⤊ 0⤋
i do no longer think of that it rather is a undesirable theory. the main effective question which you may ask is how undesirable replaced into the twist of destiny that it totaled a 2003? whether it rather is in sturdy working situation than there is not any reason to no longer. it would be alot greater low priced than one that has a clean titile. UCANTCME, No maximum coverage companys do insure autos with salvaged titles. additionally the only fee the vehicle can carry is $3 hundred. That being stated the inspection is a brake and easy-weight inspection, with will fee $50. then you certainly will on no account could have it carried out lower back. My lady chum and that i are a similar age she has AAA, with a vehicle that has a salvaged call, she will pay $40 5 a month. I even have Farmers, With a clean call and that i pay $sixty 5.
2016-09-29 10:07:17 · answer #4 · answered by ? 4 · 0⤊ 0⤋
I would not have done it, but a dealer can get in a lot of trouble for doing that. I would drive over there and ask for the title immediately.
2006-08-18 09:49:08 · answer #5 · answered by united9198 7 · 0⤊ 0⤋
You are okay. If the dealer does not send the title, and if the vehicle IS stolen, the dealer would be selling you stolen property.
Call another dealer and determine what the accepted practice is.
2006-08-18 06:15:59 · answer #6 · answered by Spenge 2 · 0⤊ 0⤋
you did the same thing many of us have done,,but i learned by the hard way to always get the title on the day the money is exchanged,,i bought a work van,,and it actually took me 2 years t get a legal title for it,,you will probably get yours ok,,but next time i would,not buy one if i couldn't get the title the same day,,good luck with it,,i hope this help,s
2006-08-18 06:18:44 · answer #7 · answered by dodge man 7 · 0⤊ 0⤋
Without the title you're not the legal owner of the car
2006-08-18 06:13:38 · answer #8 · answered by Love always, Kortnei 6 · 0⤊ 0⤋
Very bad idea. You need to contact the dealer immediately and make sure they get that title to you ASAP.
2006-08-18 06:26:27 · answer #9 · answered by HULK RULES!! 7 · 0⤊ 0⤋
1
2017-02-09 12:25:59 · answer #10 · answered by ? 4 · 0⤊ 0⤋