Re: spg for $500! sorta longish - Saab 900 Bulletin Board - Saabnet.com
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Re: spg for $500! sorta longish
Posted by Wade Taylor [Email] (more from Wade Taylor) on Tue, 18 Dec 2001 03:33:42
In Reply to: spg for $500!, dave n, Mon, 17 Dec 2001 17:04:37
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the mechanic probably has the paperwork that shows he has mechanics lien against it. ya know the paper you sign when you have work performed. read the fine print and the lien statement is usually there, so he should have no problem getting title to it through DMV. if he can't get it some states allow you to "bond" a lost title car through an insurance company. cost is about 10 percent of value or purchase price. gives the previous owner the right to "buy back" the vehicle within a year of the filing of the bond. previous owner has to pay whatever you paid and whatever improvements you have made to it, so most never make the claim. wouldn't buy it unless the mechanic can provide you with a clean title to it or make sure you can obtain one through the DMV before buying it or contact the previous owner to see it they still have title (this also would be the mechanics job). otherwise only thing it would be good for would be parts.
posted by 64.33....
Posts in this Thread:
- spg for $500!, dave n, Mon, 17 Dec 2001 17:04:37
- Re: spg for $500! sorta longish, Wade Taylor, Tue, 18 Dec 2001 03:33:42 <-- Viewing This Message
- Re: spg for $500! How can you go wrong?, Cliff, Mon, 17 Dec 2001 23:02:09
- Panel, Justin VanAbrahams
, Mon, 17 Dec 2001 22:02:36 - Re: spg for $500!, patprice, Mon, 17 Dec 2001 18:57:06
- oops, correction: it's a black '85 spg, not '86, dave n, Mon, 17 Dec 2001 17:14:03
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