Bought new ATV only to find out it has been reported stolen
#11
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#13
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Last time I checked on a bonded title, for a motorcycle that didn't have a title, it was gonna be a couple a hundreds buck when it was all said and done. Now that was in Dallas county, I'm guessing you're doing this in Tarrant. But I don't see it being that much of a difference.
#14
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Right, it was right around $200.00 for me back a few years ago. My ex wife works in the Tarrant County Court System and her husband is a Detective, I call to verify anything I purchase without a title(has only happened twice) and after it comes back clean, I bond it from there with a bill of sale.
#15
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The bike I was looking at was an old vintage kawasaki. Pictures it looked perfect, and the guy had trouble trying to sell it over a couple years. Titled out of state, title was lost, blah blah blah.
By the time I found out how much it would all cost, it was half as much as he was asking. Just wasn't worth the hassle.
By the time I found out how much it would all cost, it was half as much as he was asking. Just wasn't worth the hassle.
#16
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KQ400 is right. The ATV belongs to the ins. co of the original owner. They will auction it off if they're like my ins. co. When my last quad was recovered shortly after they paid me, I couldn't buy it back from them. It went out of state to a BIG auction.
#17
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i go with the good old saying, posession is 9/10 of the law. if you have bike+title in hand YOU ARE THE OWNER. thats what a cop told me once. just wait a while ads see if the VIN# still comes up as a stolen bike. if it dose not sell the thing, seeing as you hopefully have title in hand.
going threw the "red-tape" to get something cleared from being a stolen vehicle is alot of hassel...but worth it if you plan on getting rid of it
going threw the "red-tape" to get something cleared from being a stolen vehicle is alot of hassel...but worth it if you plan on getting rid of it
#18
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"i go with the good old saying, posession is 9/10 of the law. if you have bike+title in hand YOU ARE THE OWNER".
Not true--it must be LEGAL possession.
Under your reasoning, if some one broke into your home and stole both your quad and its title, they would be the owner. Do you still think they are the owner?
Not true--it must be LEGAL possession.
Under your reasoning, if some one broke into your home and stole both your quad and its title, they would be the owner. Do you still think they are the owner?
#19
#20
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If it was financed, the title will show the bank as the first lien holder. (in Texas)
KQ400 is right about legal ownership.
Now, if you have the title and the quad, and depending on how close to one of their agencies that can recover and store the quad, you might get them to just sell it to you.
It's an agents decision. Throw enough numbers there way on costs and time consumed to get back something they have no idea what kind of shape it's in, and you might be surprised.
KQ400 is right about legal ownership.
Now, if you have the title and the quad, and depending on how close to one of their agencies that can recover and store the quad, you might get them to just sell it to you.
It's an agents decision. Throw enough numbers there way on costs and time consumed to get back something they have no idea what kind of shape it's in, and you might be surprised.