Buying Cars Without a Title: Hidden Challenges and Risks You Need to Know
Download MP3In this episode, we dive into the challenges and risks of purchasing a car without a title. Here’s what we’ll cover:
- The Problem with Cars Without Titles:
- Hundreds of people call us daily for assistance with vehicles purchased without titles.
- While it’s often possible to get a title, a percentage of vehicles will never qualify for one.
- Why You Should Avoid Cars Without Titles:
- There’s no guarantee you can secure a title in advance.
- Risks include:
- Open liens that cannot be released.
- Cars marked as “Parts Only” or “Junk,” making them ineligible for titling.
- Unpaid back taxes, registration penalties, or DMV holds.
- Claims from prior owners or probate issues.
- Common Misconceptions About VIN Checks:
- Tools like Carfax or cheap VIN searches may provide limited information.
- They don’t reliably show liens, prior claims, or accurate stolen status.
- Salvage vs. Junk titles: Salvage vehicles can be inspected and put back on the road, while junk vehicles cannot.
- Expert Help and Resources:
- Visit cartitles.com for guidance and resources.
- Access live one-on-one consultations with licensed experts who can provide tailored advice.
- If You’ve Already Bought a Car Without a Title:
- Understand the risks and options available.
- Utilize tools and services on cartitles.com to navigate the process.
- Final Advice:
- Avoid purchasing vehicles without titles unless you’re prepared for the risks and potential loss of money.
- Think of it as a gamble, and only proceed if you’re comfortable with that uncertainty.
For more tips and advice, check out other videos on our channel and explore additional resources to help resolve your title-related issues.
