LS6 owned by GMAC? Need GMAC employee/VA expert.

[YENKO DEUCE REGISTRY]

My '69 was also titled to a bank 15 months after the original purchase. The PA-DOT claims they don't have the records for the first owner. Does this mean that the car was repo'd?

[mrrec]

Rick and Marlin:
I'd say you both were repo'd from the first owner. I've had pretty good luck with title histories, but I'm learning that the stuff you get is usually "one step behind". That is, if you go to VA, you'll get the microfilm copy of the application for title and copy of the previous states title (maybe). They won't have a microfilm copy of the THEN current title since it went to the owner (or lender). You have to find the right state to get the next previous stuff.

It is becoming apparent that the lender may actually take title in a repo. I assumed that they would treat it like a dealer and simply reassign the title. I'll talk to a banker friend to see if they actually title the car in their name for repo.

Any GMAC or other experts?

Dave

[mrrec]

Well, my bank does not title repos in their name - they simply have the repo'd owner sign off and pass the title on, just like a dealer.
My Chev dealer friend says the same of GMAC. Maybe it's different in other states?
Just for fun, I submitted a title history request to the same state about 4 months apart. Got a little more info the second time! I guess it depends on the clerk and how many shots of the microfilm she wants to send.....
Dave