Saturday, March 17, 2018

Should I just go get a bonded title for my car?

I bought a 1997 Ford Mustang from a private owner and they told me originally that all he had to do is go to the DMV and get the title and he would mail it to me. So I bought the car. Later on, the car breaks down and I'm stuck here with a broken car I want to sell and no title. So I ask where it is at and he tells me a whole story of how the person he bought it from needs to give him the title, but he is being lazy. It took me a week to get the original owners number. So I contact him about the title and he tells me he has to get a new title, which apparently this one is going to take up to 6 weeks to get, because it is a rebuilt title and he isn't actually the original owner of the vehicle. So I'm a victim of title jumping. I need a new car and in order to start getting money and get this car from my drive way, I need the title. So should I get a bonded one?

Read more: https://fordnews.org/mustang/should-i-just-go-get-a-bonded-title-for-my-car.html