So you come across a nice vehicle that's for sale? It seems to be what you want and the seller even gives you a deal that you simply can't refuse. There's only one thing...., the seller doesn't have the title to the vehicle. In this first segment in the Serious Auto Title Problems series; I will highlight the reasons why someone would buy a vehicle without a title, red flags to watch out for when buying a vehicle without a title and the consequences of buying a vehicle without a title.
Reasons Why People Buy a Vehicle Without a Title:
Red Flags to Watch Out for When Buying a Vehicle Without a Title:
The following red flags are usually present in a situation when an individual buys a vehicle without a title:
Consequences of Buying a Vehicle Without a Title:
Regardless of how sweet the deal is for the vehicle that you want, if there is no title present, you will open the door to the following consequences:
In essence, count the costs when considering buying a vehicle without a title. Even if you have a reason to believe that the vehicle is not stolen, there is no lien present, salvage issues, etc. there is always the high possibility that delays and financial loss will occur.
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