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Old 12-01-2009, 04:21 PM   #1
snoopy281
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bill of sale vs title

i want to buy a motorcycle and all the person have is the bill of sale, and not title... what's the big difference between bill of sale and title?? and is there anything I shoould worried about?
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Old 12-01-2009, 04:25 PM   #2
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Sometimes it can be a pain to get a title for a bike. Having a title with the bike when you buy it will make registering the bike to your name soo much easier than just having a bill of sale.

It would be worth waiting for a bike that comes with a title IMO.
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Old 12-01-2009, 04:27 PM   #3
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it's not a problem as long as the bike isn't stolen.

you can get the title via the "bonded title" process.
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Old 12-01-2009, 04:30 PM   #4
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what the ? now it works.

thanks!
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Old 12-01-2009, 04:33 PM   #5
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Cool thx I will wait
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Old 12-01-2009, 04:37 PM   #6
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Getting a bonded title isn't the most favorable way of getting a title either. It costs more money and it is a drawn out process. I would wait for a bike with a title.
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Old 12-01-2009, 04:38 PM   #7
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Is it for street or track?
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Old 12-01-2009, 04:44 PM   #8
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Its a real pain in the if they don't have a title, and it could mean the bike is hot
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Old 12-01-2009, 04:47 PM   #9
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i called about the bonded title and it can be done in one day if you have all of the required paperwork.

there's a bonded title packet that you pick up at your local tax assesor with all of the paperwork required, you'll also need an etching of the vin and a few other things,, then it's all taken downtown and bonded then back to the tax assesor for a new title
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Old 12-01-2009, 04:52 PM   #10
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if he doesn't have the title, he may not really own the bike, the bank may. then it's illegal to sell. but done often w/ bikes.
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Old 12-01-2009, 04:54 PM   #11
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Quote:
Originally Posted by cdill35 View Post
Is it for street or track?
yep...when i sell mine, it goes with no title. BOS only. Publicdata.com shows the VIN as "junk" in West Virginia I think. If it's a track bike, no title = no worries (as long as you run the VIN and it isn't hot). If it's for the street...make sure you can get the bonded title and that the bike isn't stolen. Bonded titles aren't as cut/dry, but it isn't that bad. Just make sure you aren't paying retail for a non titled bike.
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Old 12-01-2009, 04:56 PM   #12
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if he doesn't have the title, he may not really own the bike, the bank may. then it's illegal to sell. but done often w/ bikes.
it is not. People sell/trade cars/bikes/trucks all day long without the title in hand.

When's the last time you sold a house that the bank didn't own? or a car for that matter? it happens all the time. However, I'd go with him to get the title from the lien holder before forking over the $$$.
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Old 12-01-2009, 05:14 PM   #13
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you're pretty much affirming what i posted.
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Old 12-01-2009, 05:23 PM   #14
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Old 12-01-2009, 05:31 PM   #15
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yes, but that is the purpose of the mortgage company. A house title is kept in possesion by the lien holder (mortgage company), who you make your payments to for the home. When you sell a home, its state law that the mortgage company is involved. Homes are a lot different than bikes because rarely to people have the lump sum of cash to pay for a house, and they must go through a lending company, and your mortgage balance is paid off (if you sell your house for more than your mortgage balance.

I wouldnt buy a bike w/o a title unless it was for the track. For the track, I wouldnt even care if the bike is hot (although I would only offer pennies for a hot bike), if its not hitting the street, just grind the vin off. Chances of getting pulled over on your way to the track and getting your track bike VINs ran is very slim.
I wouldn't suggest that....grinding a VIN makes you "look" guilty. I left mine on there so future buyers can run it to ease their mind when purchasing.
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Old 12-01-2009, 05:51 PM   #16
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Last edited by yakitori; 12-01-2009 at 05:53 PM.
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Old 12-01-2009, 05:55 PM   #17
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Quote:
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I didnt ask what YOU would do, Im just saying ME...i wouldnt give a rats about vins on my track bike. Thats me. More than likely, I wouldnt be selling a track bike as something that can be rebuilt for street. If that was the case, the next buyer can buy a frame.

There are a lot of people to buy and sell motorcycles too, and most people would like the vins to be there. For a salvaged, track dedicated bike vins or no vins, Im riding it into the ground.

riding a bike with a VIN ground off or cut off (even if it is on the track) makes you just as guilty in my book. Whether you knew who did the hacking (stealing) or not. Carry on.
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Old 12-01-2009, 06:01 PM   #18
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the bonded title process is very easy and could be done in one trip to TXDOT vehicle title dept, 1 trip to a insurance company (place to buy bond), and 1 trip to the DMV. The VIN doesn't need to be etched, sketched, photo'ed, or looked at by anyone.

There's a thread on here that is a guide to bonded titles.

My bonded title process took 2 trips to the DMV because of my own mistake with the name on the bond. If you are careful, it's just as easy as a title transfer, and could actually cost less in the long run because you can get a better price on title-less bikes.
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Old 12-01-2009, 06:07 PM   #19
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Quote:
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For the track, I wouldnt even care if the bike is hot (although I would only offer pennies for a hot bike
So, Yakitori will knowingly ride, and even knowingly buy, a stolen bike for track use. Good to know. I guess it's OK these days to buy, ride, possess, grind VINs on stolen property?

Yak, do us a favor and please keep the hot bikes out of CMRA / TMGP so we don't get a bad name with the popos.
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Old 12-01-2009, 06:13 PM   #20
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So, Yakitori will knowingly ride, and even knowingly buy, a stolen bike for track use. Good to know. I guess it's OK these days to buy, ride, possess, grind VINs on stolen property?

Yak, do us a favor and please keep the hot bikes out of CMRA / TMGP so we don't get a bad name with the popos.
on that note...stay away from Ridesmart and LSTD events too....I'm sure they aren't super keen on the idea of folks riding hot bikes at their events either.

it's 5:15, time to run....I'll tune back later.
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