I have a guy who is selling a two bike Kendon trailer. He is selling it for very cheap b/c there is a issue with the title. The seller he bought it from never signed off on the title or had it notorized. He states the VIN on the title mathces that on the trailer and he will sign a bill of sale. Does this sounds shady? He says he has tried to contact the original owner without any luck, I am willing to work through the issues b/c the price is a great but I dont want to do anything illegal. Thoughts?
This. ^ And run, in case you didn't catch that. Nothing good comes of this situation.
What's the old saying? If it's too good to be true, it is. Don't be the next guy who buys an item with a ground-off VIN and left to wonder why no one can be excited for his super sweet deal.
Ir You are ver interested, ask the seller to go down to DMV with you to dee what they say. You might get lucky or He decides no to go there is something fishy. Good luck. Best thing just walk away from problems.
Yep have him go down there with you, if he is dumb enough and that crap does not match, well you may just help someone find a stolen trailer. Or don't waste your time and do what OB said, go for a nice long run in the opposite direction.
Yep- I would verify its not stolen AND I would verify there is not a dupicate title issues somewhere (to verify that the original owner isn't holding the duplicate title that superceedes the one the seller is holding). If you are holding the one and only title, no one else is going to be able to present it as proof of ownership.
If that checks out, I would ask the seller if you can verify his ID from license or something and make sure you have a proper name and address for him (just in case anything goes wrong later)
In many states (such as mine) you do not need a title to transfer ownership of a trailer so you can still sell it yourself in the future.
I guess what I'm saying is - if he were selling that trailer in my state and just said 'I don't even have a title', no one would think twice about it as long as they had a bill of sale.
Thanks for the responses everyone, I ended up just walking away. With my job even a sniff of something illegal could be problematic and if it was stolen then it would be bad karma by helping someone screw over another motorcyclist. I'll keep looking and now I have some new knowledge if it comes up again
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