Thread: Trading cars?
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Old Jun 24, 2006 | 01:02 PM
  #11  
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litlespic
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Default Re: Trading cars?
Originally Posted by ZC4ME
if you wait that long before putting a car in your name the person that you got the car from still has to have insurance and pay taxes on it, If they don't keep it insured then they will be fined 500 dollars, lose their license and have to get a sr22

i have one now because of that shit! Don't fuck over the person you are getting something from.

to cover your own ass make a bill of sale so you can prove the date that you sold the car and DON'T cancel the insurance until you have signed over the title.

be careful people on here are dicks (sometimes) and don't give a shit about you and your well being.
True story. But I was told you can cover you ass in this situation by actually turning in the plates/registraition for the vehicle and telling them you no longer own the vehicle. Then the car can is in a empty state of existance where no one is paying taxes on it.

Not trying to add the blame to you, as I felt I was screwed by someone for doing this to me also, and was told by other members of this act of "turning plates in".
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