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Old 06-10-2008, 08:48 AM   #1
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question about selling a motorcycle

so as some of you know im selling my ducati. i bought the bike cash and i have the clear title signed over to me by the previous owner.

here is the tricky part: i never went to get the bike registered.

the other day someone came to buy the bike and he was going to get the bike financed through a bank. they told me to fax the title, registration, and my license. once i told them i didnt have the registration they would not do it.

i have insurance and everything in my name. is it possible to sell the bike with it not being registered? could someone come with cash and i just sign the title over to them and give them a bill of sale?
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Old 06-10-2008, 08:50 AM   #2
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You personally, yes you should be able to. I could see why the bank would want it registered though. I bought a bike in February and sold it in May and never registered it in my name, never got a chance too. Just gave the guy the signed title from the previous owner and a bill of sale.
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Old 06-10-2008, 09:06 AM   #3
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Quote:
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You personally, yes you should be able to. I could see why the bank would want it registered though. I bought a bike in February and sold it in May and never registered it in my name, never got a chance too. Just gave the guy the signed title from the previous owner and a bill of sale.
thanks. also what about inspecting the bike. do i need it to be registered to get it inspected? what happens if i get pulled over and its not registered?
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Old 06-10-2008, 09:07 AM   #4
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Did YOU sign the back of the title? if it only has the original owners signature you can just hand it over to the person buying and they can register it. If you signed the back of the title they will not be able to title/register it untill you get a title in your name.

This happened to my on a supra I was buying...it became a total PITA!

Also, go here http://www.dot.state.tx.us/forms/vehicle_titles.htm and use form 103-u to transfer the title.... the state will not accept any other paperwork to transfer the title.
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Old 06-10-2008, 09:11 AM   #5
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Did YOU sign the back of the title? if it only has the original owners signature you can just hand it over to the person buying and they can register it. If you signed the back of the title they will not be able to title/register it untill you get a title in your name.

This happened to my on a supra I was buying...it became a total PITA!

Also, go here http://www.dot.state.tx.us/forms/vehicle_titles.htm and use form 103-u to transfer the title.... the state will not accept any other paperwork to transfer the title.
i did not sign the title. the previous owner signed it (he had it titled)


does anyone know about inspecting it? and what happens if i get pulled over?
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Old 06-10-2008, 09:11 AM   #6
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Old 06-10-2008, 09:12 AM   #7
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Old 06-10-2008, 09:24 AM   #8
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you can still inspect it. all you need is proof in ins. and your fine getting pulled over as long as everything is current and its not reported stolen of course.

cool. so what is the point of registering it then?
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Old 06-10-2008, 09:26 AM   #9
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Old 06-10-2008, 09:41 AM   #10
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Quote:
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cool. so what is the point of registering it then?
so it'll be in your name vs previous owner, suprised ins. even covered it, since it's not in your name.

if the bike is not in your name, can you even call it in stolen if your not the official title holder?

why not register it?
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Old 06-10-2008, 09:42 AM   #11
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Old 06-10-2008, 10:09 AM   #12
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Quote:
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why not register it?
If it's for off-road use only (track bikes) lots of people do not register it. Also, people don't want to pay the taxes. But when the regisatration is due, the state will mail the renewal to the last registered owner.

The key is that if you do not want to register it, then do not sign the title on the back...
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Old 06-10-2008, 10:24 AM   #13
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Quote:
Originally Posted by chasee69 View Post
thanks. also what about inspecting the bike. do i need it to be registered to get it inspected? what happens if i get pulled over and its not registered?
To inspect the bike you would need current proof of insurance and $14.50.
As far as the registration goes, if it is missing or expired you can receive a citation from an officer, usually you can get out if you get it taken care of within so many days and pay the $10 court costs.
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Old 06-10-2008, 12:39 PM   #14
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Make sure that when you sell a vehicle that you also turn in the form (forgot the number) that shows that you don't have liability for that vehicle anymore. I would also recommend doing a bill of sale and possibly a copy of the buyers DL for the same reason.
I learned about this the hard way also because I sold a bike to a kid last year and he ran a red light with a camera. Since he didn't register the bike in his name, guess who got the ticket! Anyways, I had turned in that form, but didn't make a copy (which I forgot to say earlier as well, MAKE A COPY OF EVERYTHING). Long story short, it was a big PITA to get it worked out, but they transferred the liability to him.

Moral is.....DO ALL THE PAPERWORK TO PROTECT YOURSELF!
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