View Single Post
Old 10-22-2020, 12:44 PM   #1077 (permalink)
hayden55
Master EcoModder
 
Join Date: Dec 2010
Location: USA
Posts: 1,171

Sport Utility Prius - '10 Toyota Prius II
90 day: 52.98 mpg (US)

300k Sequoia 4WD - '01 Toyota Sequoia Limited 4wd
90 day: 20.19 mpg (US)
Thanks: 352
Thanked 268 Times in 215 Posts
Mmmmm I don't know about that. You would have to do a bonded title. It takes like $100 bucks and then you can be driving it within two weeks. But it takes like 6 months to get a title to be able to sell it. From my personal experience...
My insurance company actually filled the whole thing out for me so I thought that was nice lol
So yeah you end up with a clean title with a bond attached to it in case the original owner wants to claim it, then the bond amount pays out (for me it was like $3700 on a motorcycle worth about $1500), and if not the bond drops off as the previous owner only has so long to claim it back. 99.9% of the time I've never heard of a previous owner getting their crap back.
So the bonded title company will pay you if the original owner wants their stuff back. You are basically buying a $100 insurance policy with them. lol
__________________
"I feel like the bad decisions come into play when you trade too much of your time for money paying for things you can't really afford."
  Reply With Quote