title questions GA
January 7th, 2015, 06:54 AM
#1
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title questions GA
Hello Forum, this place has been an unbelievable source of information. so thank you for that.
I am looking at buying a 69 442, and the car has been repainted from Green to black, car seems clean and runs good. when i decode the VIN, it shows as a 69 442, which is good, i guess you can swap vin plates. I need to look at the block and tranny to make sure it is numbers matching...i hope to do this today.
What has stopped me from putting alot of work into this car is that fact the owner has a title and it states " rebuilt". i questioned this and he stated it was due to the fact that the Odometer couldnt be verified and when you bond an older title this is what they do?? i have never heard of such. so i contacted a bonding company and they said he was incorrect. Which i believe. my question is, is there away for me to verify this car was a total loss or if this was mistake on the title? i know on newer cars we run Carfax's, autochecks, these cars dont pop up due to age. Can some one help me? thanks again for any input.
i have a picture of what the title states......
I am looking at buying a 69 442, and the car has been repainted from Green to black, car seems clean and runs good. when i decode the VIN, it shows as a 69 442, which is good, i guess you can swap vin plates. I need to look at the block and tranny to make sure it is numbers matching...i hope to do this today.
What has stopped me from putting alot of work into this car is that fact the owner has a title and it states " rebuilt". i questioned this and he stated it was due to the fact that the Odometer couldnt be verified and when you bond an older title this is what they do?? i have never heard of such. so i contacted a bonding company and they said he was incorrect. Which i believe. my question is, is there away for me to verify this car was a total loss or if this was mistake on the title? i know on newer cars we run Carfax's, autochecks, these cars dont pop up due to age. Can some one help me? thanks again for any input.
i have a picture of what the title states......
Last edited by KDAWG97M3; January 7th, 2015 at 07:00 AM.
January 7th, 2015, 11:27 AM
#2
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Location: southeastern Michigan
Posts: 14,145
I suggest you go to this page, click on "Georgia," and read the first few pages of the document.
http://www.bipac.net/page.asp?conten...olbox&g=SEMAGA
Apparently "Rebuilt" is a valid type of title in Georgia. Here's the definition of "rebuilt" from the first page of the document, and apparently it doesn't take much for a vehicle to be considered rebuilt by Georgia DMV standards.
"Rebuilt Motor vehicle: Any motor vehicle which has been damaged and subsequently restored to an operable condition by the replacement of two or more major component parts."
There is a discussion on page 5 of the document about how to go about obtaining a "Rebuilt" title, but since this car already has a Rebuilt title, my guess is that you wouldn't need to do anything more than one normally would with a regular title to transfer ownership. To be sure, you might take that document to a local Georgia DMV office and ask, or call them on the phone.
http://www.bipac.net/page.asp?conten...olbox&g=SEMAGA
Apparently "Rebuilt" is a valid type of title in Georgia. Here's the definition of "rebuilt" from the first page of the document, and apparently it doesn't take much for a vehicle to be considered rebuilt by Georgia DMV standards.
"Rebuilt Motor vehicle: Any motor vehicle which has been damaged and subsequently restored to an operable condition by the replacement of two or more major component parts."
There is a discussion on page 5 of the document about how to go about obtaining a "Rebuilt" title, but since this car already has a Rebuilt title, my guess is that you wouldn't need to do anything more than one normally would with a regular title to transfer ownership. To be sure, you might take that document to a local Georgia DMV office and ask, or call them on the phone.
January 7th, 2015, 11:40 AM
#3
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I appreciate your response and efforts in helping. I know what s rebuilt title is and how it works. My question surrounds the gentleman response as to why it has it. He is claiming bc he has bonded the title I haven't not been able to verify that. I am thinking this car was a total loss at some point but would the state have that records and be able to apply it?
January 7th, 2015, 11:50 AM
#4
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Join Date: Jun 2009
Location: southeastern Michigan
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Does it really matter? As long as he legally owns it and can legally sell it to you, isn't that what matters? You can see for yourself what the car's condition is.
The car's history is something you may or may not ever find out. Many of us buy old cars without knowing much about them other than the previous owner's name. If that's important to you, then, yes, you may have to do some research, and the current owner may or may not be willing to be forthcoming about this, or he may simply not know. I know this is a 442, apparently, and with those, documentation is everything. But you're planning to determine for yourself if it's numbers matching, right? The VIN already supports that it's a 442. If the rest of your research agrees, isn't that sufficient?
I'm not sure what "bonding" the title means. "Bonding" normally means that a service provider has posted money with a third party to pay you in the event the provider harms you in some way. In the case of a title, I would take it to mean that the seller has obtained a form of insurance that the title is valid to recompense a buyer in case an unknown lien or something like that turns up later. In any event, it seems that the title being bonded is a good thing, not a bad thing, and the seller probably did it because of the "rebuilt" title and the unease that might cause a potential buyer, such as you are apparently experiencing.
The car's history is something you may or may not ever find out. Many of us buy old cars without knowing much about them other than the previous owner's name. If that's important to you, then, yes, you may have to do some research, and the current owner may or may not be willing to be forthcoming about this, or he may simply not know. I know this is a 442, apparently, and with those, documentation is everything. But you're planning to determine for yourself if it's numbers matching, right? The VIN already supports that it's a 442. If the rest of your research agrees, isn't that sufficient?
I'm not sure what "bonding" the title means. "Bonding" normally means that a service provider has posted money with a third party to pay you in the event the provider harms you in some way. In the case of a title, I would take it to mean that the seller has obtained a form of insurance that the title is valid to recompense a buyer in case an unknown lien or something like that turns up later. In any event, it seems that the title being bonded is a good thing, not a bad thing, and the seller probably did it because of the "rebuilt" title and the unease that might cause a potential buyer, such as you are apparently experiencing.
January 7th, 2015, 02:08 PM
#5
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January 7th, 2015, 02:20 PM
#6
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Location: Tulsa
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Was this car totaled at some point? Probably. Of course you have to remember 30 yrs ago a 69 442 was worth about $500 as far as an insurance company was concerned. Why fix a $500 car with a $8oo repair. Person could have settled. Bought it back and fixed it. Just another used car. Now it has a rebuilt title that really only matters if you want to sell it. My car has a restamped engine probably due to warranty back then. It is what it is and it's an original dealer installed repair. To me it doesn't matter but I just can't say numbers matching when in reality it technically is. You have what you have if you buy it.
January 7th, 2015, 02:39 PM
#7
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Join Date: Feb 2014
Posts: 29
Does it really matter? As long as he legally owns it and can legally sell it to you, isn't that what matters? You can see for yourself what the car's condition is.
The car's history is something you may or may not ever find out. Many of us buy old cars without knowing much about them other than the previous owner's name. If that's important to you, then, yes, you may have to do some research, and the current owner may or may not be willing to be forthcoming about this, or he may simply not know. I know this is a 442, apparently, and with those, documentation is everything. But you're planning to determine for yourself if it's numbers matching, right? The VIN already supports that it's a 442. If the rest of your research agrees, isn't that sufficient?
I'm not sure what "bonding" the title means. "Bonding" normally means that a service provider has posted money with a third party to pay you in the event the provider harms you in some way. In the case of a title, I would take it to mean that the seller has obtained a form of insurance that the title is valid to recompense a buyer in case an unknown lien or something like that turns up later. In any event, it seems that the title being bonded is a good thing, not a bad thing, and the seller probably did it because of the "rebuilt" title and the unease that might cause a potential buyer, such as you are apparently experiencing.
The car's history is something you may or may not ever find out. Many of us buy old cars without knowing much about them other than the previous owner's name. If that's important to you, then, yes, you may have to do some research, and the current owner may or may not be willing to be forthcoming about this, or he may simply not know. I know this is a 442, apparently, and with those, documentation is everything. But you're planning to determine for yourself if it's numbers matching, right? The VIN already supports that it's a 442. If the rest of your research agrees, isn't that sufficient?
I'm not sure what "bonding" the title means. "Bonding" normally means that a service provider has posted money with a third party to pay you in the event the provider harms you in some way. In the case of a title, I would take it to mean that the seller has obtained a form of insurance that the title is valid to recompense a buyer in case an unknown lien or something like that turns up later. In any event, it seems that the title being bonded is a good thing, not a bad thing, and the seller probably did it because of the "rebuilt" title and the unease that might cause a potential buyer, such as you are apparently experiencing.
January 7th, 2015, 03:48 PM
#8
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Join Date: Sep 2014
Location: Tulsa
Posts: 106
It would affect it quite a bit in my opinion. Might affect agreed upon value insuring it too. That would be my next call. It it was a 70 W30 4 speed a/c convertible nobody would probably care, if it had been repaired correctly. I would have to be comfortable with the price before forking it over and be ok with possible diminished value later. Investment? no. Unless it a rare car.
January 8th, 2015, 02:51 PM
#9
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Got it. I passed. The owner suggested that most people buy vin tags and can correct the issue. At that point I lost interest as that seems shady to even suggest it. So he withholding info.
Sucks bc I love the car 69 4 speed, not easy to find
Sucks bc I love the car 69 4 speed, not easy to find
January 8th, 2015, 07:08 PM
#10
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Join Date: Sep 2012
Location: Water Wonderland MI.
Posts: 1,414
Two shady answers = run don't walk, hard car to find but there out there.
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