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'70 T500 w/no title
Posted: Wed Jan 07, 2009 2:41 pm
by bikegeezer
Would you guys buy a bike with no title and the owner has no bill of sale? It's a '70. Complete with tank rack. Bike looks pristine (in pictures) and all original, except it has a set of chambers on it. Hasn't been started in years, and the owner claims he's never even tried to kick it over. Wants $1k for it. I'm sure I could ebay it for twice that much, but the possibility of it being stolen is there.
Stu
Posted: Wed Jan 07, 2009 2:49 pm
by Gordon
Deleted
Posted: Wed Jan 07, 2009 2:49 pm
by Suzukidave
Maybe get the Vin# and run them to see if they are clear ?
Posted: Wed Jan 07, 2009 2:54 pm
by bikegeezer
Good ideas. When he told me he'd prefer to sell it with no bill of sale to me, my BS detector started ringing.
Stu
Posted: Wed Jan 07, 2009 4:41 pm
by Arne
I'd make out a bill of sale and just have him sign it.
I've also 'sold' a bike to a friend and had the friend sell it back to me with a bill of sale. (MN seems to be fairly lax on that stuff)
How many miles does it have on it? (I'm always leery of easy money too)
Good luck - Arne
Posted: Wed Jan 07, 2009 5:09 pm
by bikegeezer
Arne wrote:I'd make out a bill of sale and just have him sign it.
Already told him that's the only way I'd buy it.
How many miles does it have on it?
15,000
Posted: Thu Jan 08, 2009 8:56 pm
by debby
Hey, it's green, just like mine! You *have* to buy it!
Assuming it's not stolen that is. I'd run the numbers at your local police office before handing over the cash. If it's hot they'll take it away. Better his money lost than yours.
Debby
Posted: Fri Jan 09, 2009 8:02 am
by Gordon
Deleted
Posted: Sat Jan 10, 2009 6:32 pm
by rngdng
I think the likelihood that it's stolen is slim. If you have a friend in Alabama or Georgia, a title is easy to get. I've done it several times.
That bike appears to be a steal at 1K.
Lane
Posted: Sat Jan 10, 2009 7:46 pm
by GT Tim
rngdng wrote:
That bike appears to be a steal at 1K.
Lane
Er...care to re-phrase that?
Posted: Sat Jan 10, 2009 7:55 pm
by diamondj
Posted: Sat Jan 10, 2009 11:29 pm
by rngdng
GT Tim wrote:rngdng wrote:
That bike appears to be a steal at 1K.
Lane
Er...care to re-phrase that?
That bike appears to be a
GOOD DEAL for 1K.
Lane
Posted: Sun Jan 11, 2009 12:06 am
by GT Tim
rngdng wrote:GT Tim wrote:rngdng wrote:
That bike appears to be a steal at 1K.
Lane
Er...care to re-phrase that?
That bike appears to be a
GOOD DEAL for 1K.
Lane
Much better!!!
Posted: Tue Jan 20, 2009 5:45 am
by jkevinlilly
Stu,
Coyote has used out of state license services like Tecdiver70 lists to license a bike without a title, you might check with him about it.
Have a police friend run the vin number to check for it being stolen, if there is a report in the system, it should show up. If where you are is like it is here, there is no reason to even check with DMV for info. Their computer system probubly will not take it due to not enough numbers in the vin number itself for the computer to consider it a valid number.
Kevin
Posted: Tue Jan 20, 2009 8:30 am
by Coyote
I used the Staab Agency in Maine. The process was painless and only took about a week - including mail time. Cost was around $130.
http://www.staabagency.com/
