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Cover your ass. Cover your ass. Cover your ass.
Don't be like my dad and trust a smooth sounding individual just to get hosed down the road.
Meet at police station at a decent hour. (Before 6pm) and see if they have time and a notary to acknowledge details of the transaction.
@micha the "no blood on my hands" transactions just make it worse for everyone, and promotes the theft and resale of bikes. It's a free country do what you want.
Hell its just easier these just to put a down payment on a new unit, and insure it with the money you're gonna fork over for a used bike. Atleast then you know it's your bike and there is nothing wrong with it.
Oh, and I never pay sales tax and I usually purchase new bikes under farm use.
Jason
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Jason
Anyone can make a bill of sale. That is not the proper paperwork for ownership for a motorcycle. The person selling the bike may not have stolen the bike, but what about the guy he bought it from, or the guy before him, on and on.
Or what if the original owner just defaulted on the loan and sold it for some cash?
The bill of sale can be used to obtain a bonded title. The MSO can also be used to obtain a title, but don't kid yourself if you think people at the DMV aren't going to look at your weathered 1985 Honda MSO and wonder why you, [cough]the original owner[/cough], are just now bringing it in. Especially if you are under 30 years old
The real problem here is that these are offroad machines. They don't conform to federal safety standards, emission standards, they won't be plated and don't face mandatory insurance laws. You will be hard pressed to have a cop standing by you, running your VIN to verify the history if its stolen or not. Well, unless you are in Baltimore.
P.S. Also the price comes into play. Around here, your average 15-20 year old bike for $1500 or less. Its not going to have a MSO or title. And who cares. On the other hand, a newer bike for $4000 or more, there is a little more on the line. Maybe you can get pickier.
Just use your head kids.
Pit Row
P.S. A more effective argument for a judge would be to go old school and engrave your DL# somewhere into the frame on the bike. The police used to suggest that practice back in the 70's and 80's. That would be a pretty solid case to a judge vs. waving around an MSO..
In 46 years of riding and owning dirt bikes, I've never had a title on any. Or an MSO, unless I bought it new. (Very few of those). But as other have said we live in a very suspicious effed up world today.
Just because you get the physical title, doesn't mean that you have to title it in your name and pay taxes on it. It's just in your possession and you can have the peace of mind that it won't be repossessed or reported stolen by a former owner. My fear is that I would get pulled over with a bike I legitimately paid for but was stolen previously and I'd be serving the time for it. And a bike just isn't worth that risk.
Post a reply to: Used bike: Title vs bill of sale?