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-   -   Need Some advice!!! (https://67-72chevytrucks.com/vboard/showthread.php?t=510583)

c10concepts 02-22-2012 11:43 PM

Need Some advice!!!
 
Ive been saving to get back into another 67-72 swb for a few years and ive found one in decent shape needs some minor work and in my price range... Only problem he only has a bill of sale he told me why he only had a bill of sale instead apparently the guy was in Iraq when it was sold to him by the owners mom... He said all I would have to do is go to my insurance company get a surety bond then I could go get a Bonded title but wouldn't get a blue title for a year... Just looking for some advise don't know what to do.. Already not having the title is throwing up red flags... Any advice is appreciated...

here it is http://dallas.craigslist.org/dal/bar/2865124839.html

71swb4x4 02-22-2012 11:46 PM

Re: Need Some advice!!!
 
Pass.

Was his mom authorized to sell it? If not the truck may be reported stolen when the son gets back and you will be out money and your new truck. Maybe that's not even the real story. If it was that "easy" to get the title hits guy would have already done it.

There are a lot of 67-72 trucks out there, keep looking.

If you really want it I would pay about 25% of what it would be worth with a title. You are taking a huge chance, both financially and possibly legally if the po-po decide that you were the one that stole it.

c10concepts 02-22-2012 11:50 PM

Re: Need Some advice!!!
 
Yeah its a little fishy he said she was on the title but something with the power of attorney was not correct... Don't think I wanna go through all that hassle and it be stolen.. But I work at a auto auction and work with the DMV so i can have it checked but even if it comes up clean Im still iffy...

70cst 02-23-2012 02:57 AM

Re: Need Some advice!!!
 
Run c10concepts run...

Agreed sounds fishy to me and why gamble. JMHO

MikeyMan 02-23-2012 06:31 AM

Re: Need Some advice!!!
 
Huge Red Flag!

Do yourself a favor and pass on this shady deal. Seller looking to take all finds of funky trades?

You'll lose your money, lose the truck, and end up with lawyer's fees.

70chevytruck 02-23-2012 09:01 AM

Re: Need Some advice!!!
 
1 Attachment(s)
Bought a $500 truck from a guy with California plates...NO TITLE. Called California and made sure it wasn't stolen, Checked in Texas also.
Went to get a bonded title..they base the truck price on NADA plus 25%. Ended up costing me $350 in taxes because the NADA on these trucks is around $13000 average. Pretty ridiculous. Doesn't take a year just a month or so.

The way I understand it if I put a bunch of money into a $500 truck and eventually sell it the bond covers the truck in case of a bad title.

Not impossible just not a lot of fun. Figured for $500 I couldn't go wrong. Here is a pic of what I bought for $500. Big Block, A/C, P/S, P/B Rebuilt motor.


Attachment 877951

Call TXDOT and find out what the charge would be...on a $4K truck it could be $800 plus for a title. I would make him get a title for it first for that kind of money. Otherwise walk.

RenoKeene 02-23-2012 09:37 AM

Re: Need Some advice!!!
 
Doesn't look like 4k even with a title.......

c10concepts 02-23-2012 12:33 PM

Re: Need Some advice!!!
 
Well I did negotiate him down but I am still going to check the vin its free for me to check at my job... I'll probably end up passing on it just cause of my gut feeling and what you guys and my friends say.... Thanks
Posted via Mobile Device

JWall 02-23-2012 12:36 PM

Re: Need Some advice!!!
 
Quote:

Originally Posted by c10concepts (Post 5207452)
I'll probably end up passing on it just cause of my gut feeling Posted via Mobile Device

I'd pass too... I always go with my gut.
Plus it sounds like its going to be more work (and headaches) for you & buying a 67-72 should be a fun process.

c10concepts 02-23-2012 12:49 PM

Re: Need Some advice!!!
 
True Jwall it is and just thinking about what u have to do just to get the title is not a great feeling... Imma keep looking found a couple but they are rollers...looks like that's the route I'm going to have to go...
Posted via Mobile Device

Stocker 02-23-2012 12:57 PM

Re: Need Some advice!!!
 
I agree with the others.... too many red flags as to the title. Even if the Iraq story is legit, sounds like he is stateside now so he should be able to get the title if he wants to sell it to you. Otherwise it could turn into a huge headache for you.

c10concepts 02-23-2012 07:32 PM

Re: Need Some advice!!!
 
Yeah I am going to pass I found another one that has a clear title its a step side but that can easily be changed...

jocko 02-23-2012 07:51 PM

Re: Need Some advice!!!
 
Does not run does not = $4K. Steer away from questionable titles, not worth the worry to sort it out, and you could get screwed. I have been anyway. There are other fish in the sea, keep fishin.

c10concepts 02-24-2012 03:32 PM

Re: Need Some advice!!!
 
Yeah I passed on it... Looking at a 69 SWB stepside monday...

dirtyd_nd 02-24-2012 03:44 PM

Re: Need Some advice!!!
 
If you are still interested in the truck and he is in the military have him get a new POA general or specific. It free for all of us in the military. It just has to be signed by any O-4 or above or the legal officer. He can then fax or email it to his mom.

Dale

buz48 02-24-2012 04:54 PM

Re: Need Some advice!!!
 
RUN RUN!!!! Like your hairs on fire

R.L. 02-25-2012 12:42 AM

Re: Need Some advice!!!
 
Keep looking you can find another with good paperwork. They'll be pleanty of things to spend that money on. The title may be the very reason there willing to sell that truck.

c10concepts 02-26-2012 03:29 AM

Re: Need Some advice!!!
 
Thanks I'm going to look at a friends 71 swb tomorrow hopefully I can get it...
Posted via Mobile Device

c10concepts 02-27-2012 01:49 AM

Re: Need Some advice!!!
 
Well I got her 71 GMC SWB little rust needs some body work but runs and drives... With a clean title lol just needs tags and inspection to be on the road and that will be solved a.s.a.p.

http://i88.photobucket.com/albums/k1.../WP_000004.jpg
http://i88.photobucket.com/albums/k1.../WP_000005.jpg
http://i88.photobucket.com/albums/k1.../WP_000006.jpg

YBNORML 02-27-2012 02:17 AM

Re: Need Some advice!!!
 
Congrats! looks like a good start.

c10concepts 02-27-2012 09:49 AM

Re: Need Some advice!!!
 
Thanks yeah ready to get her going....
Posted via Mobile Device

RenoKeene 02-27-2012 12:18 PM

Re: Need Some advice!!!
 
Good job, glad you waited. That will make a good one, congrats!

c10concepts 02-27-2012 02:50 PM

Re: Need Some advice!!!
 
Yeah it will be... He's getting it road worthy for me.. Got a good deal on it...
Posted via Mobile Device

69C-owner 02-27-2012 03:19 PM

Re: Need Some advice!!!
 
Quote:

Originally Posted by 70chevytruck (Post 5207136)
Bought a $500 truck from a guy with California plates...NO TITLE. Called California and made sure it wasn't stolen, Checked in Texas also.
Went to get a bonded title..they base the truck price on NADA plus 25%. Ended up costing me $350 in taxes because the NADA on these trucks is around $13000 average. Pretty ridiculous. Doesn't take a year just a month or so.

The way I understand it if I put a bunch of money into a $500 truck and eventually sell it the bond covers the truck in case of a bad title.

Not impossible just not a lot of fun. Figured for $500 I couldn't go wrong. Here is a pic of what I bought for $500. Big Block, A/C, P/S, P/B Rebuilt motor.


Attachment 877951

Call TXDOT and find out what the charge would be...on a $4K truck it could be $800 plus for a title. I would make him get a title for it first for that kind of money. Otherwise walk.

thats a steal for $500
Posted via Mobile Device


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