Answering this one vs the other many replies... 22% or 15%.. fine if the price is right, $100 title fee would be fantastic to know I had proper documentation secured, but the concern that I might run into the wall of having to get a bonded title causes me some problems.Yea and then there is the sales tax plus bidders premium which is a added 22%, sheeet I remember the daze when sales tax only applied to *NEW* vehicles and used vehicles were exempt as with any used item. (long ago).
Answering this one vs the other many replies... 22% or 15%.. fine if the price is right, $100 title fee would be fantastic to know I had proper documentation secured, but the concern that I might run into the wall of having to get a bonded title causes me some problems.
Most lots have title pictures, and a number of them were open titles the deceased never changed to his name... maybe he had a dealer license at some point or maybe he just didn't want to pay taxes or trigger curbstoning laws for buying too many cars in a year, but the legal disclaimer type nonsense from the auction company gives me NO confidence that I would be supported or have any recourse if the state decide NOT to issue a title... or worse yet, brand the car and make it even more difficult/expensive to resolve.
IMO, the price of the car + fees + transport issues (not in a metropolitan area included) = easy decision (painful, but easy). Add on the titling unknowns + possible punishment fees (was told $600 is a starting point to get an open title in FL when I asked the one agency I'd trust to handle the job) + unknown time issues which can make other problems (local storage lots no longer seem to allow unregistered/uninsured cars... can't do either until the title comes in)...
Obviously some pit-falls and schisms to deal with, whether in-state or not. Obviously some interesting and neat cars in that mix, but getting them out might be "the deal", even if the car can be had at a very good auction price. In one respect, I suspect the auction company could supply whatever paper trail for each vehicle they sold, which could be enough documentation for any transport company should state lines be crossed on the way to the "new home". Just as if the car had been bought at a B&J or Mecum auction. Once in its new residence, getting the particular state's title might be somewhat expensive, time-consuming, and tedious.
Another issue might be "altered vehicles", which the '58 Plymouth Plaza Hemi would be. Which was sometime when engine numbers served as vehicle ID numbers, in some states. Of course, even in TX, there's paperwork to fill out in those situations, too. Or, possibly, take the car to the TX DPS office and let an officer inspect it and put a "state-issued VIN number onit" for titling purposes . . . with a OHV V-8 in a '32 Ford street rod might be.
In any event, unless the vehicle would be for parts, it can take "time and money and sweat and tears" to put any of those cars back on the road.
It will be interesting to see what they do sell for, though. Plus the many parts and pieces.
Just some thoughts,
Looks to me the texas thing is if YOUR a tx resident buying a tx car with no title. I assume the state you live on is the one you need to worry about. My bonded title came from IA and i delt w my home state of MNBought a Vehicle Without a Title? | TxDMV.gov
Florida Lost Title? How To Get A Florida Bonded Title
Looks like I'm out... FL won't do an out of state vehicle and Texas requires you be a resident... too much nonsense.
The fact is the auction company is doing what a car dealer or private seller legally couldn't... I wonder what kind of loophole they climbed through or if they're just scum?
I've covered my personal situation... folks should look out for themselves and not just hope for the best. AFAIAC, the bidding has already touched the actual value of a few of these given the title nightmare. I has crossed my mind that all of the documentation pics would be great evidence against someone who thought they'd try forging the rest of the document.Looks to me the texas thing is if YOUR a tx resident buying a tx car with no title. I assume the state you live on is the one you need to worry about. My bonded title came from IA and i delt w my home state of MN