CL ad: swb with a lien (not mine) - The 1947 - Present Chevrolet & GMC Truck Message Board Network

In The Ten Ring · 11-12-2015, 01:22 AM

I'd be a bit squeamish about buying anything on lien but where, here is is.

http://boulder.craigslist.org/cto/5309548693.html

I took pics of the step bumper....I want to make one for my swb.

**special-K** · 11-12-2015, 08:43 AM

that's the best deal I've seen in a long time. I wish I could ponce on that. The lien is no problem, you just pay the lien holder rather than the owner

68panelman · 11-12-2015, 09:01 AM

That's real nice!!!, 292 also. Man I wish I could.

**Already Gone** · 11-12-2015, 10:48 AM

How do you know it has a lien, did the seller tell you? That looks like a great buy on a short box 4 x 4.

68panelman · 11-12-2015, 10:56 AM

There's a little info box on the right side of the CL ad.

cooperhw · 11-12-2015, 11:01 AM

I wouldn't worry about it either. you just deal with the lien when you pay for it. Do the deal at the lien holders location.

67ChevyRedneck · 11-12-2015, 12:26 PM

Yeah... don't give the seller the cash and *hope* he pays it

**Already Gone** · 11-12-2015, 12:44 PM

Quote:

Originally Posted by 67ChevyRedneck

Yeah... don't give the seller the cash and *hope* he pays it

Doesn't the lien holder,the bank for the most part, keep the title in their possession until the lien is satisfied?

67ChevyRedneck · 11-12-2015, 01:06 PM

Quote:

Originally Posted by Already Gone

Doesn't the lien holder,the bank for the most part, keep the title in their possession until the lien is satisfied?

Depends... some states don't title old vehicles... so, not always?

kingstrider · 11-12-2015, 04:07 PM

Quote:

Originally Posted by Already Gone

Doesn't the lien holder,the bank for the most part, keep the title in their possession until the lien is satisfied?

Some states actually keep the title while others issue a title which states there is a lien on the vehicle.

**mrtoni** · 11-12-2015, 04:10 PM

I think the seller wants full price and then new owner pays the lein in addition.

**special-K** · 11-12-2015, 08:43 PM

Quote:

Originally Posted by mrtoni

I think the seller wants full price and then new owner pays the lein in addition.

Why think that? I see nothing stating any of that. If this was the case you'd think the balance on the lien would be posted in the listing. I see $8,500. I think the vehicle costs $8,500. Maybe the lien is $8,500 and the seller just wants it paid ff, or a portion goes to lien holder and the seller gets balance

Aruba1 · 11-12-2015, 08:53 PM

With a truck that old most likely there's no lien. That box on the right is not always accurate. What if it said Diesel and it shows a gas motor? Or it said Automatic and the ad says stick shift? I have seen a lot of Dodge Ram Cummins engine with the box showing them being 8 cylinders (Cummins are 6 cyl). Also some Cummins being Gas. If you are interested just call, text or email the seller.

**truckster** · 11-12-2015, 09:14 PM

It could also be a mechanic's lien. Those happen when someone has work done and doesn't want to pay for it. The mechanic's lien allows the shop to sell the vehicle and the buyer will get a clean title from the state. I've bought several mechanic's lien vehicles in the past, all with no problems.

cooperhw · 11-12-2015, 11:01 PM

More likely a "Pay Day" loan that would have to be satisfied at sale time.

hugger6933 · 11-12-2015, 11:59 PM

I would check with the seller and if there is a lien that may have been satisfied just not recorded, the simple solution would be to ask the seller to get a lien release from the lien holder. If it had been paid off but no record of that the release is the answer. a lot of times on an older vehicle the lien release is lost or forgotten. That could also mean it could be a bank repo[ Times are harder than the GOV. and media wants us to think they are]OR it could be a flipper and the title is not in his name. I know it happens everyday with out any problem but jumping titles is a way big no-no. Jim

Malamute · 11-13-2015, 01:05 AM

Man I wish I hadn't seen that. That's 20 minutes away from me.

**special-K** · 11-13-2015, 07:25 AM

RUN, DON'T WALK!!!

With what these trucks are going for, I don't think age eliminates the possibility of a lien against one. There is classic vehicle financing available these days, or it could be used as collateral. I've bought trucks that had lien amounts as much as $13k recorded on the title at time of former owner's purchase.

Malamute · 11-13-2015, 10:17 AM

I sent an e-mail asking about the lien. I'm going to go look at it if it's still available.
I agree that there are probably people getting loans on classic vehicles with current prices but it makes zero sense to me. These are toys, financing toys isn't a great idea IMHO.

I'll let you know what I find out.

EARNHARDT#3 · 11-13-2015, 10:48 AM

Quote:

Originally Posted by Malamute

I sent an e-mail asking about the lien. I'm going to go look at it if it's still available.
I agree that there are probably people getting loans on classic vehicles with current prices but it makes zero sense to me. These are toys, financing toys isn't a great idea IMHO.

I'll let you know what I find out.

So you think everyone who buys a boat, motorcycle, corvette etc pays cash?

Malamute · 11-13-2015, 11:06 AM

Quote:

Originally Posted by EARNHARDT#3

So you think everyone who buys a boat, motorcycle, corvette etc pays cash?

No, I don't. Boat and RV loans make payments very affordable and I know a lot of people that have them. However, buying a '70 K10 with a note just doesn't make sense to me but I was raised in a time where my parents didn't finance anything besides their house. If they didn't have the money, they didn't buy it.

I tend to live like that today. Diff'rent strokes for diff'rent folks I suppose.

Aruba1 · 11-13-2015, 11:11 AM

Quote:

Originally Posted by EARNHARDT#3

So you think everyone who buys a boat, motorcycle, corvette etc pays cash?

Not everyone but some do

68panelman · 11-13-2015, 10:51 AM

I just called the #, it went to voicemail, Highly doubt they'll call me back. One of you local guys would probably get a quicker response by calling.

slowcpe · 11-13-2015, 11:02 AM

I soooo want this but can't do it right now. People get loans for old cars all the time so I don't see it being a big issue.

Malamute · 11-13-2015, 01:28 PM

Post deleted, I'm sure it sold quickly.

11-12-2015, 01:22 AM	#1
In The Ten Ring Registered User Join Date: Jun 2013 Location: West Virginia Posts: 6,427	CL ad: swb with a lien (not mine) I'd be a bit squeamish about buying anything on lien but where, here is is. http://boulder.craigslist.org/cto/5309548693.html I took pics of the step bumper....I want to make one for my swb.

11-12-2015, 08:43 AM	#2
special-K Special Order Join Date: Nov 2004 Location: Mt Airy, MD Posts: 85,851	Re: CL ad: swb with a lien (not mine) that's the best deal I've seen in a long time. I wish I could ponce on that. The lien is no problem, you just pay the lien holder rather than the owner __________________ "BUILDING A BETTER WAY TO SERVE THE USA"......67/72......"The New Breed" GMC '67 C1500 Wideside Super Custom SWB: 327/M22/3.42 posi.........."The '67" (project) GMC '72 K2500 Wideside Sierra Custom Camper: 350/TH350/4.10 Power-Lok..."The '72" (rolling) Tim "Don't call me a redneck. I'm a rough cut country gentleman" R.I.P. ~ East Side Low Life ~ El Jay ~ 72BLUZ ~ Fasteddie69 ~ Ron586 ~ 67ChevyRedneck ~ Grumpy Old Man ~

11-12-2015, 10:48 AM	#4
Already Gone 70+ ( Old Skool Club ) Join Date: Nov 2003 Location: Saskatoon, Saskatchewan ,Canada Posts: 9,143	Re: CL ad: swb with a lien (not mine) How do you know it has a lien, did the seller tell you? That looks like a great buy on a short box 4 x 4. __________________ 1972 C10 Custom/Deluxe 613 Highlander 406/700R4 1999 White Tahoe LS 4x2 with Z56 Police Package 1992 K1500 GMC Suburban Members I have personally met: MusicMan70 - HeavyD - ChewyChevy67 - StingRay -71SWB4x4 - 67 Burb - DeadheadNM - too much stuff - bc65 - das601 " Circumsatances Do Not Change Responsibility " " The Sky is not the Limit, Your Mind is." Marilyn Monroe .. RIP Charlie Watts 1941 - 2021

11-12-2015, 10:56 AM	#5
68panelman Registered User Join Date: Jan 2011 Location: Delaware and Long Island, New York Posts: 3,456	Re: CL ad: swb with a lien (not mine) There's a little info box on the right side of the CL ad.

11-12-2015, 11:01 AM	#6
cooperhw Registered User Join Date: Oct 2014 Location: Mesa AZ (Near Phoenix) Posts: 2,302	Re: CL ad: swb with a lien (not mine) I wouldn't worry about it either. you just deal with the lien when you pay for it. Do the deal at the lien holders location. __________________ "Life is too short to drive a boring vehicle". Later, Wayne

11-12-2015, 09:01 AM	#3
68panelman Registered User Join Date: Jan 2011 Location: Delaware and Long Island, New York Posts: 3,456	Re: CL ad: swb with a lien (not mine) That's real nice!!!, 292 also. Man I wish I could.

11-12-2015, 12:26 PM	#7
67ChevyRedneck Hittin E-Z Street on Mud Tires Join Date: Nov 2004 Location: Greenville, SC Posts: 23,090	Re: CL ad: swb with a lien (not mine) Yeah... don't give the seller the cash and hope he pays it __________________ Jesse James 1967 C10 SWB Stepside: 350/700R4/3.73 1965 Ford Mustang: 289/T5-5spd/3.25 Trac-Loc 1968 Pontiac Firebird: Project Fire Chicken! 2015 Silverado Double Cab 5.3L Z71 2001 Jeep Wrangler Sport 4.0L 5spd 2020 Chevrolet Equinox Premium 2.0L Turbo 2011 Mustang V6 ~ Wife's ride American Born, Country by the Grace of God 1967 CST Shop Truck Rebuild! My 1967 C-10 Build Thread My Vintage Air A/C Install Project "On a Dime" Trying my hand at Home Renovation! 1965 Mustang Modifications!

11-12-2015, 04:10 PM	#11
mrtoni Senior Member Join Date: Jan 2009 Location: sparks, nevada Posts: 1,881	Re: CL ad: swb with a lien (not mine) I think the seller wants full price and then new owner pays the lein in addition.

11-12-2015, 08:53 PM	#13
Aruba1 Registered User Join Date: Apr 2014 Location: Birmingham, AL Posts: 560	Re: CL ad: swb with a lien (not mine) With a truck that old most likely there's no lien. That box on the right is not always accurate. What if it said Diesel and it shows a gas motor? Or it said Automatic and the ad says stick shift? I have seen a lot of Dodge Ram Cummins engine with the box showing them being 8 cylinders (Cummins are 6 cyl). Also some Cummins being Gas. If you are interested just call, text or email the seller.

11-12-2015, 09:14 PM	#14
truckster Senior Member Join Date: Jan 2001 Location: Orem, Utah Posts: 7,976	Re: CL ad: swb with a lien (not mine) It could also be a mechanic's lien. Those happen when someone has work done and doesn't want to pay for it. The mechanic's lien allows the shop to sell the vehicle and the buyer will get a clean title from the state. I've bought several mechanic's lien vehicles in the past, all with no problems.

11-12-2015, 11:01 PM	#15
cooperhw Registered User Join Date: Oct 2014 Location: Mesa AZ (Near Phoenix) Posts: 2,302	Re: CL ad: swb with a lien (not mine) More likely a "Pay Day" loan that would have to be satisfied at sale time. __________________ "Life is too short to drive a boring vehicle". Later, Wayne

11-12-2015, 11:59 PM	#16
hugger6933 Registered User Join Date: Oct 2008 Location: Marianna Arkansas Posts: 7,280	Re: CL ad: swb with a lien (not mine) I would check with the seller and if there is a lien that may have been satisfied just not recorded, the simple solution would be to ask the seller to get a lien release from the lien holder. If it had been paid off but no record of that the release is the answer. a lot of times on an older vehicle the lien release is lost or forgotten. That could also mean it could be a bank repo[ Times are harder than the GOV. and media wants us to think they are]OR it could be a flipper and the title is not in his name. I know it happens everyday with out any problem but jumping titles is a way big no-no. Jim

11-13-2015, 01:05 AM	#17
Malamute Registered User Join Date: Sep 2011 Location: Louisville, KY Posts: 756	Re: CL ad: swb with a lien (not mine) Man I wish I hadn't seen that. That's 20 minutes away from me.

11-13-2015, 07:25 AM	#18
special-K Special Order Join Date: Nov 2004 Location: Mt Airy, MD Posts: 85,851	Re: CL ad: swb with a lien (not mine) RUN, DON'T WALK!!! With what these trucks are going for, I don't think age eliminates the possibility of a lien against one. There is classic vehicle financing available these days, or it could be used as collateral. I've bought trucks that had lien amounts as much as $13k recorded on the title at time of former owner's purchase. __________________ "BUILDING A BETTER WAY TO SERVE THE USA"......67/72......"The New Breed" GMC '67 C1500 Wideside Super Custom SWB: 327/M22/3.42 posi.........."The '67" (project) GMC '72 K2500 Wideside Sierra Custom Camper: 350/TH350/4.10 Power-Lok..."The '72" (rolling) Tim "Don't call me a redneck. I'm a rough cut country gentleman" R.I.P. ~ East Side Low Life ~ El Jay ~ 72BLUZ ~ Fasteddie69 ~ Ron586 ~ 67ChevyRedneck ~ Grumpy Old Man ~

11-13-2015, 10:17 AM	#19
Malamute Registered User Join Date: Sep 2011 Location: Louisville, KY Posts: 756	Re: CL ad: swb with a lien (not mine) I sent an e-mail asking about the lien. I'm going to go look at it if it's still available. I agree that there are probably people getting loans on classic vehicles with current prices but it makes zero sense to me. These are toys, financing toys isn't a great idea IMHO. I'll let you know what I find out.



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11-13-2015, 10:51 AM	#23
68panelman Registered User Join Date: Jan 2011 Location: Delaware and Long Island, New York Posts: 3,456	Re: CL ad: swb with a lien (not mine) I just called the #, it went to voicemail, Highly doubt they'll call me back. One of you local guys would probably get a quicker response by calling.

11-13-2015, 11:02 AM	#24
slowcpe Registered User Join Date: Sep 2013 Location: Evansville, IN Posts: 1,774	Re: CL ad: swb with a lien (not mine) I soooo want this but can't do it right now. People get loans for old cars all the time so I don't see it being a big issue. __________________ Ryan 1967 Red Stepside..."Laymond" http://67-72chevytrucks.com/vboard/s...40#post6441840 1972 Medium Olive SWB-Chester http://67-72chevytrucks.com/vboard/s...d.php?t=759628 1967/71 Blue SWB C10..SOLD 1977 SWB K10..my grandpa's.....never should have sold

11-13-2015, 01:28 PM	#25
Malamute Registered User Join Date: Sep 2011 Location: Louisville, KY Posts: 756	Re: CL ad: swb with a lien (not mine) Post deleted, I'm sure it sold quickly.

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