To trade or not to trade...that is the question
#1
Okay I have an 02 banshee, very solid bike with very good mods, fresh rebuild and title. I'm considering a trade for a 00 DS650 with no title. How can I protect from getting screwed? Can I apply for a title with a bill of sale? The guy told me that he could do a bill of sale, but has no title. I like my banshee, but I'm looking for something different. (Pics are on pic page) But somehow I get the feeling i'm on the loosing end of this deal. Any input is appreciated. Is the Bomb a better bike.
#3
this is a lot of posts for 1 topic lol... i've bought a couple DS's, mostly ebay, with no titles, its no big deal, i dont even have the title for the 1 i bought brand new from a dealer, i've gone thro 6 DS's and have only had 1 title, they are a fun / recreational toy so i dont pay much attention to paperwork
#4
On the title thing, I have no idea, in California you have to have a title.
As for the trade....
To be perfectly honest I would not trade my DS650 for a Banshee. The only way was if it was crazy valuable so I could sell it for a lot of cash.
There are only 2 sport quads I would trade for, the 700R Raptor or the KTM 525.
It may sound crazy but none of the other sport quads have what my DS has. I can ride with the kids for hours with no over heating, play at the hill and hold my own against the 450s and 150Lbs kids riding them, and go on 4 hour rides and come back feeling like heading out again because the ride is sooooo good.
Scott
As for the trade....
To be perfectly honest I would not trade my DS650 for a Banshee. The only way was if it was crazy valuable so I could sell it for a lot of cash.
There are only 2 sport quads I would trade for, the 700R Raptor or the KTM 525.
It may sound crazy but none of the other sport quads have what my DS has. I can ride with the kids for hours with no over heating, play at the hill and hold my own against the 450s and 150Lbs kids riding them, and go on 4 hour rides and come back feeling like heading out again because the ride is sooooo good.
Scott
#5
There's no way I would trade without a title. I'm not sure where you live but where I am you have to have a title to register a quad. And to ride anywhere you have to have a registered quad. If none of that is required where you live than don't worry about the title and do the trade. Hope this helps.
#7
If the guy you are trading with lives in a state where quads are indeed titled, I would really be wondering WHY he doesn't have the title.
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#8
In Ohio, if you do not have the title, you can fill out and sign an affidavit of ownership, which basically is you swearing that you own it, and they will take a pencil tracing of the vin number (and run the vin number to make sure it is not stolen) and issue you a title.
It has been my experience that if you have a notarized bill of sale, you will almost never have a problem getting a title.
It has been my experience that if you have a notarized bill of sale, you will almost never have a problem getting a title.
#9
<div class="FTQUOTE"><begin quote>Originally posted by: Sport400inOH
In Ohio, if you do not have the title, you can fill out and sign an affidavit of ownership, which basically is you swearing that you own it, and they will take a pencil tracing of the vin number (and run the vin number to make sure it is not stolen) and issue you a title.
It has been my experience that if you have a notarized bill of sale, you will almost never have a problem getting a title.</end quote></div>
It really depends on the state.
I bought my Outlander from a guy in GA - which does not require a title. Everything is on the up and up and I have all documentation but there are so many hoops to jump through that I have not completed everything to get a title as yet.
To get a title in TN for this bike I must:
1. Send the former owner a certified letter requesting the title. This gives a tracable response from the former owner that no title exists.
2. I must take four pictures of the quad - front, back and both sides.
3. I have to track down a police officer and get him/her to certify that the VIN number on the bike is what is on my application and sing off on all my pictures with his badbe number and contact information.
4. Purchase a surity bond for three years - or - have two signatures from people not living in my household sign a surity bond. The second option only works if the bike is valued at less than $6,667 (2/3 of $10K).
I've been putting all this off for a couple of reasons. First, I was waiting for the '09's to come out so that the KBB value on my '07 would drop down below the bond limit. Second, you would not believe how hard it is to set up an appointment with a cop. Every time I call in to find out how to do this, I get bumped to the county registration office - no matter if I preface my calls with a request to not switch me over. I swear I'm about ready to rob a bank on my quad just so I can get them to take a look at it.
I've paid all my taxes and got my TDS sticker which is my main concern for now.
In Ohio, if you do not have the title, you can fill out and sign an affidavit of ownership, which basically is you swearing that you own it, and they will take a pencil tracing of the vin number (and run the vin number to make sure it is not stolen) and issue you a title.
It has been my experience that if you have a notarized bill of sale, you will almost never have a problem getting a title.</end quote></div>
It really depends on the state.
I bought my Outlander from a guy in GA - which does not require a title. Everything is on the up and up and I have all documentation but there are so many hoops to jump through that I have not completed everything to get a title as yet.
To get a title in TN for this bike I must:
1. Send the former owner a certified letter requesting the title. This gives a tracable response from the former owner that no title exists.
2. I must take four pictures of the quad - front, back and both sides.
3. I have to track down a police officer and get him/her to certify that the VIN number on the bike is what is on my application and sing off on all my pictures with his badbe number and contact information.
4. Purchase a surity bond for three years - or - have two signatures from people not living in my household sign a surity bond. The second option only works if the bike is valued at less than $6,667 (2/3 of $10K).
I've been putting all this off for a couple of reasons. First, I was waiting for the '09's to come out so that the KBB value on my '07 would drop down below the bond limit. Second, you would not believe how hard it is to set up an appointment with a cop. Every time I call in to find out how to do this, I get bumped to the county registration office - no matter if I preface my calls with a request to not switch me over. I swear I'm about ready to rob a bank on my quad just so I can get them to take a look at it.
I've paid all my taxes and got my TDS sticker which is my main concern for now.
#10
Instead of taking the pictures and having a police officer sign off, I am simply required to bring the quad to the DMV where they inspect the vin numbers and may ask for a pencil tracing of the vin plate - but, it is all done right there.
If you don't mind being a smidge dishonest, tell your dmv that you have owned it for a year (Or several if the model year allows it) and that you no longer have the contact info from the previous owner.
When it comes to the affidavit of ownership (again, at least in Ohio), you have to specifically ask if you can fill one out - they don't simply tell you about it. I've used this on a dirt bike and 2 atv's just because I didn't want the headache of tracking down the previous owner and getting him to get a duplicate title, etc.
I recently just had my neighbor us the affidavit to regester his Banshee. He's had it 2 years, but wanted to get a state sticker for it. It worked just as easily for him, but again, he had to request it.
If you don't mind being a smidge dishonest, tell your dmv that you have owned it for a year (Or several if the model year allows it) and that you no longer have the contact info from the previous owner.
When it comes to the affidavit of ownership (again, at least in Ohio), you have to specifically ask if you can fill one out - they don't simply tell you about it. I've used this on a dirt bike and 2 atv's just because I didn't want the headache of tracking down the previous owner and getting him to get a duplicate title, etc.
I recently just had my neighbor us the affidavit to regester his Banshee. He's had it 2 years, but wanted to get a state sticker for it. It worked just as easily for him, but again, he had to request it.



