Reputation: 480
I just bought a new car, but need advice
I'm thinking about getting my money back. Shelled out 3 grand it runs amazing, however it has no title. Quite frankly it was an impulse buy.
The guy says it was given to him from a deceased relative, but he can't get the title cause there's a lien ?and I doubt anyone would post a stolenn car on craigslist with their actual address.any one know what I can do? I'm tempted to just put the plates on it from my Audi and just ride out as less as possible. Thing gets great mpg, in the mid 30s
Reputation: 75
I forget exactly how it works, but if their is a lien against it, then the bank really owns it until that debt is paid, so basically you paid for a car the bank can take away from you whenever they want and the original guy who borrowed the money has no incentive to pay off the debt since you have the car.
Play hard. Play smart. Win.
Work hard. Live smart. Prosper.
Reputation: 490
Get your money back. Never purchase a car if you cannot get ahold of the title because it's not legally yours until you do.
Reputation: 116
Yea that's probably stolen and yes they are stupid enough to put in on Craigslist.
Reputation: 480
Seeing as the guy won't give me my money back, I'm about to send this car to a chop shop for more money than I paid. Well it was cool to have I guess. This car is worth almost 9 grand LOL. Talk about getting lucky
, back to the drawing boards. Thanks guys
Reputation: 785
Good job Trey. You checked yourself before you wrecked yourself -- almost literally!
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