[69C-owner]

Originally Posted by 70chevytruck

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