Getting a title question

Loganwayne

Loganwayne

#BTL
Joined
Feb 15, 2013
Location
Clyde, North Carolina
found something i want that is from 65'. Seller says they dont have a title and will do a bill of sale. Vehicle is in SC would need to get titled in NC? how hard is that gonna be?
 
from memory, You will need to do a bonded title. DMV will come to inspect the VINs on the vehicle, and then you wait for the process to come back from them. My memory says it is not really any easier if you have a title from another state, on something that old.
 
There is a loop hole here.

A SC resident can title it without a bond by filling out a couple forms.
Basically you say I own it, here it is, dont know what happened to the title.
State of SC does a National theft search, if it comes back clean they send a DMV officer to your house to verify its there. One they see it they sign the TI-021B form. You drive to the dmv they print you a title....

Id get it titled in SC if I were you. Then sell it from SC to NC and its a typical sale.
If only you knew someone in SC you'd be in business
 
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Ron said:
There is a loop hole here.

A SC resident can title it without a bond by filling out a couple forms.
Basically you say I own it, here it is, dont know what happened to the title.
State of SC does a National theft search, if it comes back clean they send a DMV officer to your house to verify its there. One they see it they sign the TI-021B form. You drive to the dmv they print you a title....

Id get it titled in SC if I were you. Then sell it from SC to NC and its a typical sale.
If onyl you knew someone in SC youd be in business
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I mean i almost tagged you to ask if you had done it.
 
I dont think it helps him much, in NC. Anything older than ~35yrs has to be inspected when coming from out of state. I believe that it would help him get around the Bond, but he will still have to get the car inspected by the DMV, in NC, for VIN plates before they will issue a title.
 
paradisePWoffrd said:
I dont think it helps him much, in NC. Anything older than ~35yrs has to be inspected when coming from out of state. I believe that it would help him get around the Bond, but he will still have to get the car inspected by the DMV, in NC, for VIN plates before they will issue a title.
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No real relevance here - but when I took possession of my '73 Bronco, coming from a TN title, Maryland MVA process was no different than any other vehicle.
 
My 62 Falcon from VA had to be inspected @ a DMV station...10-minute affair start to finish.
 
paradisePWoffrd said:
I dont think it helps him much, in NC. Anything older than ~35yrs has to be inspected when coming from out of state. I believe that it would help him get around the Bond, but he will still have to get the car inspected by the DMV, in NC, for VIN plates before they will issue a title.
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Where it would help him is....lets say that he didnt buy it but his friend in SC bought it. The friend got the title in the friend's name using the above process. After the friend had a valid bonafied SC title then the friend sells him the vehicle and does the paperwork and the NC DMV is happy
 
Ron's plan will work fine, but assuming his process is $0 and costs $0 in fuel to get the vehicle to the 'friend' in SC, it will at best save you $100.

The bonded title process really isn't that bad, you can get a bond online from The Bond Exchange in Charlotte ($100 minimum which IIRC covers $5000 vehicle value). Call DMV license and theft, chances are you can get them to come inspect it at your house. Take the paperwork and send it in for a title.
 
If the 'friend' is on the way home from the purchase location and the SC title deal can be done on the day of purchase then the SC deal makes sense. But trailering it back/forth from Clyde to where the 'friend' lives would eat up $100 in fuel very quickly.
 
Tacoma747 said:
Ron's plan will work fine, but assuming his process is $0 and costs $0 in fuel to get the vehicle to the 'friend' in SC, it will at best save you $100.

The bonded title process really isn't that bad, you can get a bond online from The Bond Exchange in Charlotte ($100 minimum which IIRC covers $5000 vehicle value). Call DMV license and theft, chances are you can get them to come inspect it at your house. Take the paperwork and send it in for a title.
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Is a bonded title a 1 time thing? Or does it forever remain a special title? E.g. when you sell it again in 2 years, does the ext guy have to get a bond again? Or maybe there is a life on the bond time?
It may be easy, but its seems liek it could be a turnoff for buyers later. Especially since inflation and increasing value of old cars, that $100 bond today will be a $2-300 bond next time.
 
its about 1.5 hrs from the house so not that big of deal to go get or look at. But i didnt know how hard it would be to get a title for it. otherwise its just a parts vehicle (still could be just that) but didnt want to get it and start fixing it up if i couldnt get a title.
 
RatLabGuy said:
Is a bonded title a 1 time thing? Or does it forever remain a special title? E.g. when you sell it again in 2 years, does the ext guy have to get a bond again? Or maybe there is a life on the bond time?
It may be easy, but its seems liek it could be a turnoff for buyers later. Especially since inflation and increasing value of old cars, that $100 bond today will be a $2-300 bond next time.
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It's a one time thing. Once you sell it, the buyer would never even know it was ever a bonded title.

Basically, you pay $100 for a $5000 bond. If in the first three years after the bond someone comes and claims ownership, I guess they either get the vehicle back or the $$$? In short, if I KNEW something was stolen I would not suggest upgrading or selling it until three years is up. After three years it's yours 100%, nobody can lay claim to it after that.

License and theft runs the VIN before they give you the paperwork, so chances are if it was stolen it would already have been reported.
 
Loganwayne said:
its about 1.5 hrs from the house so not that big of deal to go get or look at. But i didnt know how hard it would be to get a title for it. otherwise its just a parts vehicle (still could be just that) but didnt want to get it and start fixing it up if i couldnt get a title.
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If it has a VIN on it, the bonded title is easy. Even if it doesn't have a VIN license and theft can assign one.

Only advice I would give is get a NOTARIZED bill of sale and a clear picture of the sellers drivers license. I don't think the notarized bill of sale or picture are required but it sure never hurts to have it.
 
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