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Title and Selling Charger

Started by GTP1500, May 24, 2015, 08:11:57 PM

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GTP1500

Well I decided that I didn't want to be the "I'm going to fix it someday" guy so I've decided to sell my 69.
My question is that I bought it in the early 90's and the owner signed the title over but I haven't signed it on the buyers line, would I need to get it in my name before selling? Open to any input....

Thanks

lukedukem

I did that as well on my jeep I bought back from my cousin. There should be a place to put a date as well. I was told when I go get it out in my name to put a date on it close to current date. That's Texas though. Not sure about your states

Luke
1969 Charger XP29F9B226768
1981 CJ7 I6 258ci
2016 F150, 5.0, FX4, CC

GTP1500

KS and it was early 90's ....it's such a long time back when we had to have titles notarized.

skip68

That should be considered an open title and the buyer can sign it.   :2thumbs:   
skip68, A.K.A. Chuck \ 68 Charger 440 auto\ 67 Camaro RS (no 440)       FRANKS & BEANS !!!


adauto

Never too many! 70 Chally R/T Convert-70 GTX-68-69-74 Charger-68 Dart GTS

http://a-dauto.com/  http://www.facebook.com/pages/A-D-Truck-and-Auto-Parts/67427352555?ref=hl

GTP1500

I hope that's the case, if not I've heard taxes need paid from the date signed.
I just couldn't imagine when someone finds an old car somewhere that's not been tagged for years that someone has to pay back taxes..... I like the whole idea of the open title ready to sign.  :yesnod:

Ghoste

I've never heard of that but I Suppose when it comes to a government authority trying to come up with ways to fill the coffers you never know.

GTP1500

funny when I have been at the DMV on three separate occasions taking care of other business I ask about it and they cant give me an idea on the $ amount, I often wondered if I was standing there ready to get it in my name how they would have figured it then.

ws23rt

Taxes? --Which state or states require a tax be paid on an old car?

In Oregon I have to pay a tax on the (counties) value of my (paid for) home. I guess they think that even though I paid for my home with after tax money I should continue to pay more every year for ever just because. :shruggy:

Is this the same kinda thing for old cars in some states?

Hmm :scratchchin:---could this be some part of the reason cars hide in barns?  Could they be seized and sold for taxes owed like can be done with my home if I didn't pay? :shruggy:

Just thinking, wondering, and venting :slap:---So what's next-- a tax on my (non electric) lawn mower?--- :brickwall

GTP1500

My county said I'd have penalties and back taxes to pay starting from 1992 to now, the neighboring county said they would only go three years back.... Should be the same state rules just misinformed DMV folks.

Daytona R/T SE

Quote from: GTP1500 on May 24, 2015, 10:45:31 PM
My county said I'd have penalties and back taxes to pay starting from 1992 to now, the neighboring county said they would only go three years back.... Should be the same state rules just misinformed DMV folks.

Did the previous owner date the title when he signed it ?  :scratchchin:

How much do you want for it ?  :shruggy:

stripedelete

Called "jumping title" around here.   Technically not legal, but it's done.   I saw it become an issue once in a case of buyer"s remorse.

GTP1500

Unfortunately it is signed and notarized. Title jumping doesn't sound like a good idea.
I haven't decided if I should put a price on it and put on craigslist or auction on ebay.

ws23rt

What state?

DMV is a Gov run entity in any state and therefore cannot be relied on for accurate information or bottom line (where one stands) information. I've been told by a judge in court that I need to comply with whatever DMV says.

Aside from the tax topic but about the DMV.-----I have a 69 coronet that I have had for 35 years. When I bought insurance (before I drove it) and got current registration. I encountered on intrusion from DMV.
They did a random check of insurance coverage. It showed a non covered period of time and sent me a letter of suspension of my drivers license.
My insurance agent was at fault for this but I spent hundreds of dollars and time in court to unravel all this and DMV was never in any way helpful. I had to buy special insurance for a year on top of my regular (full coverage) because of this.  

I feel the need to repeat --- that when in court about this the judge said----Do not neglect what the DMV says you need to do!!! Right or wrong is of no matter. :nana:

GTP1500

Kansas...... I don't have any faith in my DMV, when I purchased a truck I had a $13,000 trade in, when I went to get my tags and pay taxes they tried to tax the trucks full price, I had to argue for ten minutes that I only pay tax on the price minus my trade in, she finally went to her supervisor and it was done correctly. Another truck, I was sold a bogus warranty that I had removed but they charged me tax on the $3,500 for the removed warranty. Later I was reimbursed but its like that almost every time and why its hard for me to take their word for anything.

RallyeMike

The answer depends on your State, or even more so - the State (or country) that the buyer is from. If it's relatively easy for you, I'd suggest transferring it into your name to make it attractive to the widest range of buyers. The statement "Clear title in my name" is a helluva sales tool.

The term around here for buying a car and then passing it along without transferring title is called "curb-stoning", and it is illegal (though not really enforced much). If I buy any car of any vintage without a clear title I have to have to have it inspected by the State Patrol and wait 3 years to get an actual title. If your title is not clear to me as a buyer, you may be trimming people like me out of the market.

I'm actually going through this right now with a junker that was last titled in an adjacent State. It's a pain in the azz. If a car I'm looking at has a title that is questionable, I'm not bothering unless it's a smokin deal.

1969 Charger 500 #232008
1972 Charger, Grand Sport #41
1973 Charger "T/A"

Drive as fast as you want to on a public road! Click here for info: http://www.sscc.us/

GTP1500

So I called the State DMV and was told I need to contact my county for an idea of late fees or penalties. The State lady did tell me since its an antique I could apply for a non use antique title.

I call my local DMV and was told "that's going to be hard to figure and our lines are long, so it will be next week before we can figure it out...we will call you."

Hindsight 20/20 in 1990 I would have put it in my name........

skip68

It's been so long that it should be out of the system.  Just go in and file for a lost title.  Problem solved.    :Twocents:
skip68, A.K.A. Chuck \ 68 Charger 440 auto\ 67 Camaro RS (no 440)       FRANKS & BEANS !!!


GTP1500

I'd imagine that it would have to be sent to the the guy that I purchased it from and hope he "chose" to sign the new one to me.

The state informed me that as far as they're concerned it belongs to the guy from 1990, so I'll end up paying the penalties and just do it the right way then sell it.

stripedelete

Quote from: GTP1500 on May 29, 2015, 05:42:52 PM
I'd imagine that it would have to be sent to the the guy that I purchased it from and hope he "chose" to sign the new one to me.

The state informed me that as far as they're concerned it belongs to the guy from 1990, so I'll end up paying the penalties and just do it the right way then sell it.


Most states didn't have penalties until the last 5 or 10 years, so they may not be to bad.

GTP1500

Tomorrow I will be going to get my title taken care of....
After making a few calls and pinning them down they looked in to it and my best bet seems to be an off road antique title, only goes back three years on that one. :2thumbs:

skip68

Cool.  Shouldn't be that bad then.   :2thumbs: 
skip68, A.K.A. Chuck \ 68 Charger 440 auto\ 67 Camaro RS (no 440)       FRANKS & BEANS !!!


GTP1500

Done deal, now we wait for it in the mail.
Now the big question will be pricing....I sure don't want to end up on the forum in the dillusional Charger seller section lol. Going to get some detailed pics but a freaking wasp got me so my new mission is killing that son of a #*/$*!!!!!

ACUDANUT

Quote from: skip68 on May 24, 2015, 08:58:07 PM
That should be considered an open title and the buyer can sign it.   :2thumbs:   

DO it, who is going to know ?

68pplcharger

Quote from: ws23rt on May 24, 2015, 11:17:53 PM
What state?

DMV is a Gov run entity in any state and therefore cannot be relied on for accurate information or bottom line (where one stands) information. I've been told by a judge in court that I need to comply with whatever DMV says.

Aside from the tax topic but about the DMV.-----I have a 69 coronet that I have had for 35 years. When I bought insurance (before I drove it) and got current registration. I encountered on intrusion from DMV.
They did a random check of insurance coverage. It showed a non covered period of time and sent me a letter of suspension of my drivers license.
My insurance agent was at fault for this but I spent hundreds of dollars and time in court to unravel all this and DMV was never in any way helpful. I had to buy special insurance for a year on top of my regular (full coverage) because of this.  

I feel the need to repeat --- that when in court about this the judge said----Do not neglect what the DMV says you need to do!!! Right or wrong is of no matter. :nana:

Sorry for the Highjack of the thread, but Wow that sounds like a PITA... Kentucky you just get a title only and then don't have to worry about insurance. I've owned my charger for nine years now and just pay about 5 bucks in tax every year since the car isn't registered for road use.


skip68

I thought I saw the build sheet in one of those pictures behind were the back seat goes into the trunk.   If so, make sure you grab it and put it in a clear plastic sleeve.  Don't fold it and be careful handling it.   Looks like a $6,000 to $8,000 car to me.  I'd estimate you're in the $7,000 range for price.    :Twocents: 
Good luck with it.   :cheers: :2thumbs:
skip68, A.K.A. Chuck \ 68 Charger 440 auto\ 67 Camaro RS (no 440)       FRANKS & BEANS !!!


GTP1500

Ill have to take a look in the morning and see what it is, I don't remember seeing anything like that though, possibly just a piece of the cardboard that separates the trunk from the interior?
:2thumbs:
Thought I'd put the fender tag on, its a 383 4bbl console shift.

skip68

Never mind.  I just went through them all again and it was the trunk I was seeing.  Sorry but at a glance on my phone it looked like the build sheet.    :cheers:
skip68, A.K.A. Chuck \ 68 Charger 440 auto\ 67 Camaro RS (no 440)       FRANKS & BEANS !!!


GTP1500

No prob, I've appreciated any and all input with my predicament.

GTP1500

So would Cars Online be the best place to put it? I've been reading through the forum and it sounds like it can be a nightmare selling a Charger, maybe a little different than selling a Grand Prix....

GTP1500

And still waiting...... Figure wouldn't be cool to sell it and say the title is in the mail.  :brickwall:

GTP1500

Well the DMV let me down, big surprise...... June 9 was good to go I thought, now I get a call from them that I need to sign a document stating the car doesn't have insurance before they even send it off to Topeka to be processed.  :brickwall:

ACUDANUT

Just ask for title only and sign the doc.  Your almost there. :cheers:

GTP1500

I signed it and asked nicely if they could expedite it.

So who wants to buy a charger?  :yesnod:

skip68

I think you should advertise it here for $8k obo.   I think you'll sell it no problem.   :2thumbs:
skip68, A.K.A. Chuck \ 68 Charger 440 auto\ 67 Camaro RS (no 440)       FRANKS & BEANS !!!


JB400

I agree.  Several people here always looking for a 2nd gen. :yesnod:

GTP1500


ACUDANUT


GTP1500

 :icon_smile_big: Well I couldn't believe it but the title came today so title in hand!!!!!!!!!!! :2thumbs:

Ghoste


Daytona R/T SE

So...

How much did it sell for ?   :shruggy:

GTP1500

I let her go for 6.
Sounds like going to a good home in Fl, his first 69 Charger....

stripedelete

Quote from: GTP1500 on July 11, 2015, 12:14:14 AM
I let her go for 6.
Sounds like going to a good home in Fl, his first 69 Charger....

you did well.

Daytona R/T SE

Quote from: GTP1500 on July 11, 2015, 12:14:14 AM
I let her go for 6.
Sounds like going to a good home in Fl, his first 69 Charger....


Excellent !  :2thumbs:

I'm trying to get an idea of the current value of 2nd Generation Charger project cars.  :coolgleamA:

I've got a few... :scratchchin:

Thanks !




1970Moparmann

Quote from: ws23rt on May 24, 2015, 10:33:47 PM
Taxes? --Which state or states require a tax be paid on an old car?

Illinois rapes people if you buy from a dealer.   If it is a private owner, they just changed it to a flat rate.   I did the same thing with my Coronet.  I didn't put it in my name for 9 years, the only saving grace I had was it was purchased out of state.  If you buy a car in IL, you have 30 days to title it in your name.  If you don't, there is an escalating tax rate as a penalty.   Luckily, I just had to pay the state tax, which was a crap load!   
My name is Mike and I'm a Moparholic!

GTP1500

The only thing as I understood that saved me from not paying penalties was titling antique off road.

GTP1500

Now I'll be "Chargerless" I'm going to possibly join a Corvair forum....  ya know those odd rear engine air cooled thingys..... :scratchchin:

JB400

You're still welcome here.   :cheers:  Ownership isn't a requirement, just a benefit.

GTP1500

Thanks, kind of  :'( since I don't have one..... The worst part is I've never even driven or ridden in a Charger.
If the Charger show is in El Dorado, KS again I need to bum a quick ride in one. :icon_smile_big: