Quote:
Originally Posted by Too Many Projects
The one red flag for me is his statement that it comes with it's original GEORGIA title...  |
In Georgia you can buy or sell a car on a title, registration or bill of sale(depending on the age of the vehicle).
When I buy a car with a title I have the owner sign the title but not date it.
A lot(probably the majority) of old vehicles don't have titles in Georgia. Back in the day when I bought a car I would get a new tag but not transfer the title. The title cost $8 to transfer and I wanted to spend that $8 on cold beer.
If a vehicle has been registered in Georgia on a bill of sale or a registration they will not issue a title for it.
The Elco having it's original title(since it was a 1 owner vehicle) does not raise a red flag for me.
At the moment I have 9 vehicles that I bought that are registered to someone else. Two have open titles and the rest are on bill of sale.