so i plan on pickin up a car friday that the title has been pawned,its still good for parts and to drive,my question i guess is if i get the car what do i have to pay to get the title back or is there anyway i can get the title back?
title?
so i plan on pickin up a car friday that the title has been pawned,its still good for parts and to drive,my question i guess is if i get the car what do i have to pay to get the title back or is there anyway i can get the title back?
ummm...leave it alone, I have ran into this before. Sounds like you are buying it from a person who got a title loan and you will be paying them. That person does not own the vehicle if they do not pay that loan off. When the loan is paid off then they should have the right title already. If you pay them and they dont pay the Pawn then I think they have a possibility of seizing the vehicle.
Originally Posted by Dirty Octopus™
well if i cant get it back im gonna part it i know the guy personally and i understand he was hurtin for money and as i stated its a complete car and can be parted to make triple what i paid....thats why i odnt want to part cause it just needs a title
If I know this correctly, the owner (name on the title) can NOT legally sell this car if the title is under lien or pawn. He is going to have to get the car out of hawk before you buy it. The only way this can be done is to find out (go with the dude so you don't get screwed) how much is owed on the title loan and give the dude that amount to get the title back and the car back in good standing with the owner. Then you can safely and legally purchase the car and go through the motions to get the car titled in your name. Later, QD.
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this is exactly right!!! i bought a car off a girl, we went to the title place and i paid off the lien, then paid her what was left.. simple shit really, this used to kinda scare me away, but its not that difficult...
as for ppl not being able to sell the car when the title is pawned, i didnt know that at all.
Pretty much the same thing as a bank lien. Think about it. You get a loan from the bank to get a car. You drive the car while paying on it and they keep the title. Same with title loans. You're getting a loan on the car, driving it and the bank keeps the title until it is paid for. Basically, the pawn shop owns your car until you remit payment in full. Later, QD.
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QD speaks the truth.
I had the same issue when i bought my civic from a UPS driver. Mug had a title pawn lien at some place. Paid balance to pawn to relase title and lien and gave rest of money to UPS owner and car was mine.
damn well thanks QD...so he couldnt even sell it to me if i wanted to part it...just a question what do you think it would run to get it back
No he can not sell it to you! And you could be held liable for parting the car out if they decided to claim it and the found out you parted it out! The property belongs to them not your buddy or you if said buddy sells you the car!
Hella stock member!
I'm pretty sure we are both correct. As long as its paid off when you get it then your good.
alright i gues ill talk to him abt it cause im not abt to pay something crazy to get it back
Your problem solved in less than 15 mins IA really is a good place for help
thanks everyone i just talked to him and he said that he owes like 800 before he can get it back...i just guess im not gonna get it...
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