Seller misplaced title... advice?

Zivic

Diamond Member
Nov 25, 2002
3,505
38
91
UPDATE:
Made the drive... car was a mess. front bumper had imprints where it was repeatedly run into something, likely wherever he parked. bumper was cracked and grill broke. rear quarter and trunk lid, peppered with dings and dents, some bigger than a silver dollar (a dozen or more). I would say 1000-1500 just to repair the quarter and trunk when he said he had a quote for $150 in PDR work to fix them up. $150 wouldn't even clear up drivers side door's worth of dings on that car... short story; car was no good and I didn't have a good vibe once I met the owner in person, I didn't even drive it based on the exterior.

so I made a 30 minute drive further west to look at a car I found a week ago.....2000 model yr, Red (my preference) 44,800 miles...

I buy the damn thing for a relatively cheap price. I knew it was far from perfect. car has had a few owners 4 different owners, but current owner personally knew 2 of the other 3....(I come to find out this doesn't mean jack). It needed tires, steering wheel was off 2 degrees, but car tracked and braked straight and had even tire wear; so I figured $600-800 for tires and an alignment. looking under the car, the suspension bolts, actually any of the undercarriage hadn't been touched and with it driving fine I wasn't afraid of the steering wheel being off. Cosmetically it was maybe a 6.5/10 on the exterior, 300 or so worth of PDR work would make it maybe an 8/10. The car looked like it had been loved (at least by current owner), the wheels were 9.5/10 in condition, the undercarriage was as mint as I have seen, engine bay was perfect, interior was a 9/10, with just a little bolster wear and a small amount of wear on the console near the shifter, and original top was in good condition. The paint is only a base coat clear, so I could easily panel paint the car if I came across further issue. I factored in the $1000 for the stuff mentioned and built in another $1000 worth of unknowns into my offer and hit him at $2000 below asking. We settled on $1500 below his asking. I was feeling good about the deal. I was never in love with the car, but I did like it and with money I paid, I figured if I get it home and didn't like it, I could easily get my money out of it.

so I get home, car is a really nice 5-10 footer and was thousands less than any car I had been looking at. My brother is a autobody tech and we go over everything. He completely picks it apart, but says, it's still a good car. I'm just sitting there like WTF...... I keep telling myself it was cheap-ish and it's 16 yrs old. so last night we rip into it to address a few issues and find a not good unexpected issue that is going to cost me $400 to make right. I knew I gambled on the car a bit, figured I'd have at least a grand into it to get it to where I wanted it, and while I wouldn't say I have lost on that gamble, I definitely didn't do as well as I had first expected. I won't have more into it than it's worth, but more than maybe I wanted to. I have talked to the seller since, and feel confident he was unaware of the issue when selling me the car, if proven by nothing more than him answering my calls to talk about it. This just serves as caution when buying multiple owner cars. heck I looked at a two owner car where the current owner was unaware it had a trailer hitch and paint work done.... or maybe he was just a liar?

I did my due diligence on the car, ran the vin, spent two hours looking it over, test drive, but still was hit with an unexpected issue with it. I'll post up more details on what the issue is when i get it resolved. Let's just say it's significant enough that if I had known this going into the deal I would have walked. knowing now after the fact though, it doesn't completely sour the deal. I think for the money, and now some time and headache, that I'll still have a car I like for fair money. I thought about just doing some PDR work and punting it down the road, but now that I know the issue I feel like I should make it right. car is too nice otherwise and with 400 or so to fix it right, I know what I got, and I know it'll be right.... this is versus the time and effort to resell, then the time, potential travel finding another, likely for more money, and gambling that I don't get something even worse.

just to put it into perspective, short of 1.5 hrs of dissembling the car prior buying it, there was no way for me to have known it was as severe as it is. I have to consider myself lucky that have the resources to resolve for relatively little money.

I'll post up pics at a later time...... it is a buyer beware market

____________________________________________________________________________________________________________

I find a car out of state -> one state away. Not too far away, but still will be 11-12 hrs worth of driving.

Been looking since October and this car checks all the right boxes, including price. Car is a 2003 S2000. while I 'could' find another, it's becoming increasingly difficult to find one owner low mileage cars. If this were say an F150, I'd just move along to another.

I've talked, texted, and emailed with the seller. Scheduled to leave this AM to go look at it/get it. We have agreed upon a price if it physically is as described when I get myself in front of it. Last night he calls me and said he misplaced/lost the title during the day. He had brought it to his office, where we scheduled to meet, and now he cannot find it.

Guy is the original owner and has the documentation when he bought the car.
Car clears NICB
I have an AutoCheck. It states the car is as represented to me.


He plans on applying for a duplicate, which will take at least a week. It's up to me if I want to go down now or wait. He offers up a notarized bill of sale and mailing me the title.
I have my trailer hooked up and have scheduled the time to go today.

Sellers seems like a decent person. His name checks out to the business where we plan to meet (real estate company). My gut says he is trustworthy, but my brain says don't be so naive.

When we talked last night, I told him I wanted to talk to the DMV before I came down.

Any thoughts?
 
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twinrider1

Diamond Member
Sep 28, 2003
4,096
64
91
Normally I'd say no title, no deal. But I also trust my gut. Sounds like you've done a lot of digging that would normally expose the average scammer. If you can absolutely tie him to the business, at least you'll know where to find him if something does happen.

Any chance you two can meet at the dmv and they can verbally confirm his id matches their ownership record? And he can request the duplicate right in front of you. If that can be done, I'm leaning towards trusting the guy.

Edit: The more I stew on this the less trusting I am. Part of putting a car up for sale is making sure you have the title ready. He should have discovered he'd lost the title before he even placed the ad.
Any reason you really can't wait?
 
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Zivic

Diamond Member
Nov 25, 2002
3,505
38
91
Normally I'd say no title, no deal. But I also trust my gut. Sounds like you've done a lot of digging that would normally expose the average scammer. If you can absolutely tie him to the business, at least you'll know where to find him if something does happen.

Any chance you two can meet at the dmv and they can verbally confirm his id matches their ownership record? And he can request the duplicate right in front of you. If that can be done, I'm leaning towards trusting the guy.

Im calling the dmv now. see if somehow I can get on the title when he applies for duplicate
 

BlueMeanie

Junior Member
Aug 3, 2007
14
0
76
Make sure you get the title along with bill of sale with the car. It isn't worth the hassle.

Even if you think someone is trustworthy, anything could happen, and you would be SOL.
 

Zivic

Diamond Member
Nov 25, 2002
3,505
38
91
county treasurer's office handles titling in Iowa for anyone that is interested...

anyways, no way for me to secure ownership of the car without seller's sign off on the title. I spoke with the seller and offered 2/3 the money upfront, I take the car and notarized bill of sale, and I would send him remainder of purchase price upon receipt of title. His comfort level was about the same on that as mine was buying the car without the title present.....

I got the impression he was in need of the money and he confirmed he was sick and missed a couple weeks of work in December and was hoping for a quick sale. Conversation ended with us agreeing to wait till he had the title in hand to make the sale.
 

Zivic

Diamond Member
Nov 25, 2002
3,505
38
91
Make sure you get the title along with bill of sale with the car. It isn't worth the hassle.

Even if you think someone is trustworthy, anything could happen, and you would be SOL.

this is exactly my thoughts. I don't "need" the car and won't be driving it now, so for me the wait isn't a huge deal other than potentially losing out on the car all together.

Seller sounded like he definitely had need for the money... obviously since he listed the car for sale. I just told him he is technically the owner of the vehicle till he signs off on the title. I confirmed with the county that there is no way for me to secure ownership without a title. Further, I would doubt any other buyer would be comfortable paying for a vehicle knowing the seller didn't have a title in hand.

He agreed, will hold the car for me and contact me when he has the title....

the way things are going I am sure the moment he returns from applying for the duplicate, he will find the original in his office ;)
 

twinrider1

Diamond Member
Sep 28, 2003
4,096
64
91
...the way things are going I am sure the moment he returns from applying for the duplicate, he will find the original in his office ;)

lol, absolutely.

That he didn't go for the 2/3 payment is a good sign that he's the actual owner. Still makes sense to wait....he could be an honest guy but still be a flake.

And we want pics when you get it home.
 

herm0016

Diamond Member
Feb 26, 2005
8,516
1,128
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This has happened to me before, i got half the money when the car was picked up and then mailed the completed title for the other half. The guy came from MN to WY to pick it up with a trailer.
 

Zivic

Diamond Member
Nov 25, 2002
3,505
38
91
lol, absolutely.

That he didn't go for the 2/3 payment is a good sign that he's the actual owner. Still makes sense to wait....he could be an honest guy but still be a flake.

And we want pics when you get it home.

I threw it out there to hear his response. Like I said, my gut trusts him, but it's always a buyer beware market.

I already drove down to Iowa last week for a car that wasn't as I expected. that one they wanted top dollar for, and I would have paid it if it was right, but sadly it wasn't and I drove an empty trailer home. this one I have a little more tolerance for imperfections given the price tag, but no guarantees I'll buy.... I am already gambling driving 370 miles each way to look at a car that on paper looks right, but all that could change standing in front of it. I just didn't want to add in the title issue on such a long trip


if it does follow me home, I'll post a pic or two

This has happened to me before, i got half the money when the car was picked up and then mailed the completed title for the other half. The guy came from MN to WY to pick it up with a trailer.

interesting.

Care to share the ballpark amount on the deal?
 

AdamK47

Lifer
Oct 9, 1999
15,797
3,607
136
Hand over the cash and get the car. Don't worry about any title. It will work out.
 

AdamK47

Lifer
Oct 9, 1999
15,797
3,607
136
Solid advice indeed. Call him up and tell him the deal is on. It's not too late to go get it.
 

thomsbrain

Lifer
Dec 4, 2001
18,148
1
0
I'd just wait for the new title. The car isn't going anywhere if he doesn't have the title anyway, so it's not like it's going to get sold out from under you. Just make it clear you're 100% on for the buy once the title arrives and it will be worth the wait for the piece of mind.
 

Zivic

Diamond Member
Nov 25, 2002
3,505
38
91
seller called this afternoon. found the original title... deal is on for tomorrow.

I ran the vin through my brothers shop. 100% dealer maintained. car is legit one owner accident free. Hoping it doesn't let me down when I see it in person.
 

slag

Lifer
Dec 14, 2000
10,473
81
101
seller called this afternoon. found the original title... deal is on for tomorrow.

I ran the vin through my brothers shop. 100% dealer maintained. car is legit one owner accident free. Hoping it doesn't let me down when I see it in person.

Good luck and safe driving. Can't wait to see pics of the car!
 

twinrider1

Diamond Member
Sep 28, 2003
4,096
64
91
Sucks about the first car. I now picture the seller as the car salesman from True Lies.
latest

Ticks me off when someone doesn't tell me something that I'll obviously see once I get there. Tell me the worst, and I won't sweat the small stuff when I get there.
Hope the one you bought turns out nice. And yea, what are your plans for the car?
 

thomsbrain

Lifer
Dec 4, 2001
18,148
1
0
LOL, $400 to fix something on an S2000 is dirt cheap. What car did you think you were buying? Seen the prices for a control arm or headlight for this car? I recently spent $2000 on control arms and knuckles alone, to replace parts that bent from bumps on the road. This is a car where $2500 is the entry price to improve the suspension, $6000 is the entry price to make any significant increase in power, and that's just for parts.

A 16 year old car will need a little TLC if you expect showroom quality. Sound like you've got a pretty nice example.
 

Subyman

Moderator <br> VC&G Forum
Mar 18, 2005
7,876
32
86
$400 doesn't sound too bad. You built in about $500 for unexpected issues. Hard to find a S2000 in good shape these days. My buddy spent nearly half a year looking at them before finding a decent one (still not perfect by any means.) That was probably 2-3 years ago. Seems like any time a sports car gets below the 15k mark all the college kids and high schoolers tear them up. Good luck ever finding a decent 300ZX, RX7, or Supra. :)