While strictly my opinion.......I don't know how anyone can reason top dollar for a car (based on what you shared) and not be able to convey any sort of transfer of ownership.

As mentioned, a bonded title has most the same effect as a salvage title.

Bruce Shaw Esq
 

Bruce in not only an astute lawyer but has owned, raced and sponsored race teams, owned machine shop & speedshop. Very knowledgeable when it comes to collector cars or anything automobile related. He has put on quite a few seminars at MCACN. Can't recommend him enough!!!

Since the seller has no interest in attempting to secure a title, I would assume he has already tried and failed, or knows it's not possible. Getting a person to research it deep enough to determine if you can get one is the best thing to do. Asking top dollar for a car with no title is conflict of interest. As already said many times, the price needs to reflect the situation.

Before you do anything I recommend you see if the car was stolen. Just enter the VIN on this site:

https://www.bumper.com/?g_network=g&...hoC7LIQAvD_BwE

Haven’t read the whole thread yet but, Connecticut has no titles on older cars . So every car you buy out of CT would be this way . You use a bill of sale and or the old registration.

A good number of states do not have titles for older cars and sales are normally via bill of sale and transferrable registration. Of course with a 6 figure car, would feel better with a paper title. Years ago it was pretty easy to get a paper title though a couple of companies like Broadway title. Not sure if that process has tightened up at this point.

As others have mentioned, its pretty easy to run a check and see if it is on the databases as a stolen car.

In NY we only have registrations for historical cars, not titles. The registrations can be transferable (to new owner) or non transferable depending on if money is owed on the loan or not.

I maybe in the minority here but having bought a ‘62 Corvette without any ownership paperwork, it’s changed my perception of this process. As long as you have a supplemental document like a bill of sale or sales agreement with the title terms agreed to and signed off on, I don’t see a problem. I did this with my old Vette and not only did DMV accept all docs, I even asked the seller for a second round of signatures on official forms which he was totally cool with too.

In short, document all steps of the process with signatures and photos. I doubt you’ll have an issue unless your seller is not trustworthy.

Dan

Thanks gents! So im gonna teach out to Mr Shaw and get his opinion. In Michigan we use to be able to green sheet a car with no title which means a police offier would come out run the vin and if it came back clean fill out a little work then i would take it to the Secretary of State and they would build me a title. Well since the car is 4 hour’s away kinda tough to do as the officer doesn’t always show up. If this becomes my last resort im gonna reach out to the owner of the cars and explain to him whats going on. Thanks gentlemen for your input

The Newest Supply Chain Issue Is...Title Paper?

https://www.roadandtrack.com/news/a4...w-title-paper/

Been waiting for an Oklahoma title from a seller for 9 months now. :rolleyes2: