ADVrider

Go Back   ADVrider > Bikes > Orange Crush
User Name
Password
Register Inmates Photos Site Rules Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Search this Thread Display Modes
Old 12-06-2013, 11:09 AM   #1
skyhigh OP
n00b
 
Joined: Apr 2008
Oddometer: 5
Buy a ktm with different owner title name

Would you buy a ktm dirt bike from owner with title in different name.?
he bought from dealer and just received title in hand and never changed name.
he is an older person selling sons dirt bike and will give bill of
sale and title

Thanks
skyhigh is offline   Reply With Quote
Old 12-06-2013, 11:33 AM   #2
DrKayak
Retro Rider
 
DrKayak's Avatar
 
Joined: Mar 2010
Location: Shingle Springs CA
Oddometer: 712
I have a friend that flips bikes for profit. He never transfers the title to himself.

CA DMV is OK with the following. Original owner signs the title over to buyer1 then buyer1 sell it to buyer2 and provide a bill of sale and the title from the original owner.

If in doubt take the seller to DMV with you when you register it.
__________________
2011 690 Enduro R
2013 Beta Evo
07 450 EXC
04 FZ1
DrKayak is offline   Reply With Quote
Old 12-06-2013, 12:05 PM   #3
Orangecicle
Beastly Adventurer
 
Orangecicle's Avatar
 
Joined: Apr 2007
Location: West Des Moines, IA
Oddometer: 2,089
Be very careful. Some states will treat some situations like this as "title jumping" and fine the person who seeks to register the vehicle, so just be careful:

http://www.mmsports.org/forum/viewtopic.php?f=4&t=9849

http://answers.yahoo.com/question/in...8230841AAUNaid

http://www.ehow.com/facts_7740855_jump-title-car.html
__________________
"I'd like to meet the joker who had the nerve to call this a road!" -- Walter Sigmann
"Loud tires save lives." -- Unknown
Facebook Page: https://www.facebook.com/brad.horn.9
Orangecicle is offline   Reply With Quote
Old 12-06-2013, 08:28 PM   #4
Todd-Squad
See Ya, Bye.
 
Todd-Squad's Avatar
 
Joined: Oct 2004
Location: The great state of Utah
Oddometer: 757
I live in Utah. If you were to do this transaction in Utah, the DMV would charge you sales tax for both transactions.
__________________
A ride you say? When and Where?
My Favorite Pics
Todd-Squad is offline   Reply With Quote
Old 12-06-2013, 08:50 PM   #5
kag
Wander Lust
 
kag's Avatar
 
Joined: May 2012
Location: Kansas
Oddometer: 1,030
Check with your DMV....it is common though
__________________
“Always drink upstream from the herd”

2007 Yamaha TW 200 / 2008 Buell Ulysses
2013 Triumph Tiger 800r / 2014 KTM 1190 EDS
kag is offline   Reply With Quote
Old 12-06-2013, 08:54 PM   #6
David37
Gnarly Adventurer
 
David37's Avatar
 
Joined: May 2008
Location: SLO County
Oddometer: 381
If your serious about buying the bike, meet the seller at your local DMV and get the registration transferred to your name. Seller can pay for any back DMV fees and you pay for the transfer and the sales tax and you will have a clean title.
David37 is offline   Reply With Quote
Old 12-06-2013, 09:23 PM   #7
The Walrus
Gone and back again.
 
The Walrus's Avatar
 
Joined: Nov 2003
Location: Never Banned
Oddometer: 8,715
It depends on what documentation you present in any state.

If you submit documents that show multiple sales and do not have a vehicle dealer license, there may be additional charges for each transaction.

If your documentation is a single transaction with you listed as the buyer of record and the title cleanly signed off by previous lienholders and owners, it's a single transaction. And it does not matter what the time frame is, you have all the time you want to apply for that title and pay the fees.

I've personally moved vehicles within and across states in the western US without a single problem with one exception. The state of Utah could not process an electronic title from California but that was 7 years ago and they may have had to learn to deal with that issue. It was still a simple, but time consuming process, to get Cali to issue a paper title that they could deal with.
__________________
Everbody's preachin' at me that we all wanna git to heaven, trouble is, nobody wants to die to git there.-BB King
Reality is what does not go away when you stop believing in it. -Philip K Dick
I wanna be skinny, but my ass is too big. - Charles Barkley
When choosing between two evils, I always like to try the one I've never tried before. - Mae West
Experience is what keeps a man who makes the same mistake twice from admitting it the third time around.
The Walrus is offline   Reply With Quote
Old 12-07-2013, 06:01 AM   #8
Peanuts
Beastly Adventurer
 
Peanuts's Avatar
 
Joined: Sep 2009
Location: UK
Oddometer: 1,438
So in some US states you have to pay to transfer title?

I cant believe the UK government have missed this stealth tax opportunity!
Peanuts is offline   Reply With Quote
Old 12-07-2013, 06:49 AM   #9
Orangecicle
Beastly Adventurer
 
Orangecicle's Avatar
 
Joined: Apr 2007
Location: West Des Moines, IA
Oddometer: 2,089
Quote:
Originally Posted by Peanuts View Post
So in some US states you have to pay to transfer title? I cant believe the UK government have missed this stealth tax opportunity!
Here in Iowa, we pay a retitling fee that is typically small. We also pay a yearly "registration" fee, which varies based on the locale. In Polk County where I live, the fee is based on vehicle type, age, and selling price. A typical fee is about $200 per year but it can be more: http://cms.polkcountyiowa.gov/treasu...leregfees.aspx

In some places, the states put a sales use tax on vehicles. For instance, in Virginia (where I once lived) you must pay 4% SUT to register the vehicle. The 4% is based on the sales price of the vehicle: http://www.dmv.virginia.gov/vehicles/#titling.html
http://www.dmv.virginia.gov/vehicles/#sut.asp

There is also a small titling fee. And, then there is the personal property tax that Virginia counties impose on the vehicle each year. In Fairfax County where I lived, that tax is now $4.57 per 100 dollars of current value: http://www.fairfaxcounty.gov/dta/cartax_faq.htm#4

I moved to Virginia with an old Dodge truck. I had to pay the registration tax and titling fee, which was huge, and then I had to get the vehicle inspected. That cost something like an additional $40 per year. I mentioned this to the mechanic doing the inspection, who laughed and said, "Welcome to the Commonwealth of Virginia. And when they say 'Commonwealth,' know that they ain't talkin' about you and me!"
__________________
"I'd like to meet the joker who had the nerve to call this a road!" -- Walter Sigmann
"Loud tires save lives." -- Unknown
Facebook Page: https://www.facebook.com/brad.horn.9
Orangecicle is offline   Reply With Quote
Old 12-07-2013, 07:15 AM   #10
gearheadE30
Studly Adventurer
 
gearheadE30's Avatar
 
Joined: Jan 2012
Location: Indiana
Oddometer: 709
I've done that once. The guy I bought it from and the guy whose name was on the title had incredibly similar names, and the guy whose name was on the title had already been penned in. I actually didn't notice until after I had registered the bike in my name and was looking at the bill of sale as I was filing paperwork and saw some handwriting didn't match (I tend to make copies of the old titles before I send them in for transfer just in case something goes wrong). Went through anyway...

I would imagine jumping buyers is probably considered tax evasion, if the vehicle was expensive enough.
__________________
1986 Yamaha XT350
2005.5 KTM 950 Adventure
1991 BMW 318is turbo track car
1989 Chevrolet Caprice Classic Wagon sleeper tow car
3 Months Exploring the US on a 950
gearheadE30 is offline   Reply With Quote
Old 12-07-2013, 05:29 PM   #11
DELTATANGO
Motorcyclist and Dog Walk
 
DELTATANGO's Avatar
 
Joined: Nov 2005
Location: Alabama
Oddometer: 13,563
Don't get stuck with a motorcycle with no title, BTDT.
DELTATANGO is offline   Reply With Quote
Old 12-15-2013, 12:31 PM   #12
TDM Rider
Gnarly Adventurer
 
TDM Rider's Avatar
 
Joined: Apr 2006
Location: Franklin, TN
Oddometer: 147
One of the guys I work with is a chronic bike 'flipper' and usually sells them with an 'open' title. Might not be to the letter of the law but seems to be a somewhat common practice.

That said, it always makes me a bit nervous to look at a bike for sale from someone I don't know who doesn't hold the title in their name.

Caveat emptor!
TDM Rider is offline   Reply With Quote
Reply

Share

Thread Tools Search this Thread
Search this Thread:

.
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


Times are GMT -7.   It's 04:23 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ADVrider 2011-2014