title dilemma!!
06-15-2006, 12:34 AM
#13
5th Gear Member
Join Date: Mar 2005
Location:
Posts: 3,195
RE: title dilemma!!
ORIGINAL: PRO50SC
So how do you prove the car is actually yours?
ORIGINAL: silver91gt
the only thing you need here in canada to register a vehicle is an insurance slip and the vin#, some may ask for a bill of sale, but no title.
the only thing you need here in canada to register a vehicle is an insurance slip and the vin#, some may ask for a bill of sale, but no title.
I guess the bill of sale proves its your car.
06-15-2006, 12:47 AM
#15
3rd Gear Member
Join Date: May 2006
Location: THE AlbuCrackie,NM
Posts: 843
RE: title dilemma!!
Dude, I have had this happen to me SEVERAL TIMES here in NM.
What they make you do here is file for a LOST TITLE. You get a package from DMV, it includes detailed instructions on how to obtain a title. Here you have to do a VIN inspection (by a NM State certified Police Officer, any agency), NCIC check (to prevent/ID stolen vehicle), get a surety bond for twice the amount the vehicle is worth (always tell them you bought it for parts for like $250, the Bond would be for $500 - double the amount - and it costs you $125.), you have to write a registered letter to the last owner, you get this info from the NCIC check, and then when you get the registered leter back and have the bond in hand, it's a walk in to the DMV and away with the title.
It sounds like a **** load of work. The hard part is waiting for the letter to come back, usually a couple 3 days or so.
There are people who do the whole kit and caboodle for you for one price. Usually about $250. I know a guy here in ABQ that does them for me all day long. If you can hook up with a Cop buddy, he could do the VIN and NCIC check for you. This will save you about $100 from the $250.
This is what I do since I got a bunch of family that are APD/NMSP/BCSO. I can pay $150 for a title all day for any car.
It's worth it if the car is in good shape I think.
Let me know if I can help. Email me directly if you'd like: candiprice@msn.com
Good luck to you,
Ivan
What they make you do here is file for a LOST TITLE. You get a package from DMV, it includes detailed instructions on how to obtain a title. Here you have to do a VIN inspection (by a NM State certified Police Officer, any agency), NCIC check (to prevent/ID stolen vehicle), get a surety bond for twice the amount the vehicle is worth (always tell them you bought it for parts for like $250, the Bond would be for $500 - double the amount - and it costs you $125.), you have to write a registered letter to the last owner, you get this info from the NCIC check, and then when you get the registered leter back and have the bond in hand, it's a walk in to the DMV and away with the title.
It sounds like a **** load of work. The hard part is waiting for the letter to come back, usually a couple 3 days or so.
There are people who do the whole kit and caboodle for you for one price. Usually about $250. I know a guy here in ABQ that does them for me all day long. If you can hook up with a Cop buddy, he could do the VIN and NCIC check for you. This will save you about $100 from the $250.
This is what I do since I got a bunch of family that are APD/NMSP/BCSO. I can pay $150 for a title all day for any car.
It's worth it if the car is in good shape I think.
Let me know if I can help. Email me directly if you'd like: candiprice@msn.com
Good luck to you,
Ivan
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