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-   -   Titles and Race Cars (https://classracer.com/classforum/showthread.php?t=22113)

Wade Mahaffey 12-02-2009 08:50 AM

Re: Titles and Race Cars
 
Would you buy a house with no deed? The bottom line is, if you paid for it you need the highest level of document available! If you intend to spend your money on upgrades, make sure it's completely yours. If that car ever had a title, you want it to be in your possession when you open your wallet. If it was a professionally built race car (dragster,pro stock, panel car, body in white, etc) the bill of sale with ID number would be the highest level of document. I had a buddy call me about a Corvette he had found. He knew that I wanted one for my next build. It can be seen here on CR under my photos. I was a little nervous about a Corvette (chop shops, modifications, chassis swaps, documents etc.) and he had a title. I had him meet me at the State Motor Vehicle Admin., and when the car was cleared (theft) and the title was placed in my name I paid the man in cash and recieved a receipt from him. I still was a little nervous untill I pulled the body off the frame, and located the ID number stamped in the frame where it was supposed to be and matched my title to the letter! Then I started to spend my time and more money! Whoever has the title can and will come and get your car with your upgrades! Make it a clean deal, then go and enjoy yourself. Don't worry if the other guy has a title or not, make sure your stuff is right! Wade

http://i46.tinypic.com/25tf4ud.jpg

Bobby Zlatkin 12-02-2009 10:39 AM

Re: Titles and Race Cars
 
Just having a notorized "Bill of Sale" is not enough (although better than nothing) if someone else shows up with a legit title. That will superseed your notorized "bill of sale".
And just because a stocker or super stocker doesn't have a serial number doesn't mean the hidden numbers can't be found to determine true identity,

63corvette 12-02-2009 10:40 AM

Re: Titles and Race Cars
 
Last summer during a traffic stop a friend was asked for a title to a S/G car by the Texas Highway Patrol. It is a tube frame car so there was no state title.
He had a bill of sale he carried all the time and that was good enough for them.
I guess it is a good idea to carry some sort of documentation. After his issue I now carry the same thing for mine in the trailer.
My 2 Cents

Terrance Smith 12-02-2009 02:25 PM

Re: Titles and Race Cars
 
All points are well taken, and I fully understand guys, and if I had a serious buyer I would pursue a title because I know the origin of the car (from when it was built as a race car). Anything is possible these days so I appreciate the input.

Terrance Smith 12-02-2009 02:28 PM

Re: Titles and Race Cars
 
Thanks Jim, I really appreciate the way you put it.


Quote:

Originally Posted by Jim Wahl (Post 154178)
Terrance, I think it is more uncommon for a Stocker or Super Stocker not to have a title than many here want to admit, however, I would NOT want to buy a car, any car, without a proper title. Florida law states "Any vehicle traveling over Florida roads or highways must have a proper title and proof of insurance". I have only been asked for the proof of title for a race car once in 40 years of traveling over the highways in any state, and it was in Florida. I was told the insurance thing was not a problem since the car didn't actually "drive" on the road. The title was another thing. Most if not all Comp or Pro cars have VIN numbers placed on them by the builder and the buyer gets a "competition automobile bill of sale". These have pretty much been excepted by law enforcement from what I have heard. Back many years ago I drove a race car provided to us by Cadillac and GM. It had no VIN because it was a "pilot vehicle". In other words, officially it basically was a parts car. We had a well documented letter from GM stating the car was given to us for racing purposes only. The letter was very official and had phone numbers and addresses for verification. There are ways to get "junk" titles or "hot rod" titles here in Florida and in Georgia. Worth looking into. All cars really need a title. Jim


Terrance Smith 12-02-2009 02:36 PM

Re: Titles and Race Cars
 
Wade,

I wouldn't buy a house without a deed but think thats apples and oranges, we're talking cars. No I wouldn't buy a street car without a title either. A race car however, if I had a notorized bill of sale and there was no title ad it was a well known car then yes. In the case of my vehicle to my knowlegde it has had three owners in its life time as a race car, some of the members have seen this car from it's origin. There are certain racers who have worked on this race whom I will not name because it's not their issue. I think if this vehicle was not legit it would have been found out years ago as the car was heavy on the circuit back in the 80's. If you look at my photos you will see the name of the original owner and driver on the side of it.
There is one thing for certain that would sell it other than having a title and it's price. I'm offering a basic product tat nots perfect but for the money its a great deal I think. I bet if I offered the car as it sits for $5k it would be gone tommorrow, becuase americans are looking for that deal to take advantage of folks. I guess I will have to eat it, I'm not going to give it away.
Thanks for the response.

Terrance

Quote:

Originally Posted by Wade Mahaffey (Post 154202)
Would you buy a house with no deed? The bottom line is, if you paid for it you need the highest level of document available! If you intend to spend your money on upgrades, make sure it's completely yours. If that car ever had a title, you want it to be in your possession when you open your wallet. If it was a professionally built race car (dragster,pro stock, panel car, body in white, etc) the bill of sale with ID number would be the highest level of document. I had a buddy call me about a Corvette he had found. He knew that I wanted one for my next build. It can be seen here on CR under my photos. I was a little nervous about a Corvette (chop shops, modifications, chassis swaps, documents etc.) and he had a title. I had him meet me at the State Motor Vehicle Admin., and when the car was cleared (theft) and the title was placed in my name I paid the man in cash and recieved a receipt from him. I still was a little nervous untill I pulled the body off the frame, and located the ID number stamped in the frame where it was supposed to be and matched my title to the letter! Then I started to spend my time and more money! Whoever has the title can and will come and get your car with your upgrades! Make it a clean deal, then go and enjoy yourself. Don't worry if the other guy has a title or not, make sure your stuff is right! Wade

http://i46.tinypic.com/25tf4ud.jpg


Jim Wahl 12-02-2009 02:45 PM

Re: Titles and Race Cars
 
I hope what I wrote will help you Smitty. I know personally that what you are asking for your car will be a great deal for someone! I have seen the car and seen it run. It is a very nice race car, even if it is a FORD! I hate to see you sell it. Jim

Blackgar 12-02-2009 03:05 PM

Re: Titles and Race Cars
 
As long as you have a noterized bill of sale identifying the car you should be ok. I've gone to Mexico many times with all of mine, all being "body in white cars" & never had a problem

Ven302 12-02-2009 04:58 PM

Re: Titles and Race Cars
 
Terrance
I had a customer show me a Mustang from Florida for sale, he wanted to bring it back to Canada, the seller seemed miffed that a title was important. It is important specifically to someone who is buying a car mainly over the internet. As well it is nice to have the document, makes putting it into his name with an Ontario ownership that much easier to go racing in the good old USA. Needless to say the response was enough to make the interested party back far away from what looked like a pretty good deal. It would make sense in todays world to have all the documentation in the world when you are selling a car. Understanding the frustration of trying to sell your "baby" why would you not want to open up to the Canadian market, specifically with the dollar so favourable to us right now?

greg fulk 12-02-2009 06:52 PM

Re: Titles and Race Cars
 
the factory Olds car have NO VIN! so none of them have a title! Do the East Taxas cars come with a title?


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