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Old 12-05-2011, 09:23 PM   #1
DanTheMan13
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Just bought a track bike

I recently picked up a track bike from a member on here. The bike hasn't been registered and the title hasn't been switched between multiple buyers. I plan on keeping it a track bike but is there any problem with not titling a bike? If i were to title it, since it is a salvage title would I have to pay the crazy amount in taxes? Thanks in advance!
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Old 12-05-2011, 09:32 PM   #2
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Old 12-05-2011, 09:56 PM   #3
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Old 12-05-2011, 10:05 PM   #4
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Subscribed, too.

Not meaning to thread jack, but I'm somewhat in the same boat since I want mine to be track-only now.




Is it suppose to be registered, inspected, and insured if it needs to be titled?
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Old 12-05-2011, 10:08 PM   #5
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If it's just a track bike then there's no need to register it as it's not being ridden on the public roads. Title transfer isn't really necessary is it's just for ownership. If said bike were to say get stolen... now that's just a can of worms and you're kind of SOL on that one.
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Old 12-05-2011, 10:14 PM   #6
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Quote:
Originally Posted by cuong-nutz View Post
If it's just a track bike then there's no need to register it as it's not being ridden on the public roads. Title transfer isn't really necessary is it's just for ownership. If said bike were to say get stolen... now that's just a can of worms and you're kind of SOL on that one.
Always get the title from the person who is selling it and make sure it is their name on the title. If you don't the original title could have liens on it and it would be very easy for the lien holder to take it...then your SOL again.
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Old 12-05-2011, 10:14 PM   #7
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If bike has been regestered after Salvage (i.e. rebuilt salvage), then regular transfer fees and taxes apply to subsequent title transfers.

If bike has never been registered since bike was totaled (i.e. still only has salvage certificate), then you would pay a rebuild fee, title transfer fees, and there are no taxes.
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Old 12-05-2011, 11:32 PM   #8
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Thanks guys that has kind of helped. I wanted to retitle it in my name in case it does get stolen or anything of that sort happens. I don't plan on registering it, so to retitle I would have to pay the rebuild fee?
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