1987 325e with no title questions with pic!

[amdspitfire]

I found a 87 325e for $200 with no title.

We have bought it last year and never transfer the car in our names and lost the paper work.

Decent condition in and out. Would it be hard to get a new title for the car?

Ideas for what this car would be good for? (track car? part it?)

http://i178.photobucket.com/albums/w279/moneymadejones/100_2058.jpg

[Dibo718]

Well here in Mass i would go to the registry and pay $50 bucks and they in turn would mail me my title, thats it. Umm the track car/or part it out depends on 1. the condition of the vehicle and 2. your will to own/build/up-keep a track car. I dont have a track car but from the sound of it, its just as expensive if not more to up-keep than my DD.

[amdspitfire]

I will run a carfax just to make sure it's not stolen.

[Dibo718]

Good idea, i bought my car for $200, it seemed like it only need a few things......$4500 dollars later...its almost on the road again.

[amdspitfire]

Good idea, i bought my car for $200, it seemed like it only need a few things......$4500 dollars later...its almost on the road again.

lol, this is not something I want to read.

[thectrlguy]

What's the mileage on that sucker? The body looks pretty damn good if you ask me.....

For $200, I don't think you can go wrong.....

Later,
Mark

[Dibo718]

Haha no i dont want to scare you, it was stupid stuff, mainly cosmetic like my interior needed to go, U joint was gone so a new drive shaft and i just got my head polished and sand-blasted, like i said, stupid stuff.

[Garageaholic]

There doesnt' seem to be any rust on it, so good buy. track it!

[Jscotty]

The way that it was explained to me by my local motor vehicle bureau is that when you have no title, they will reference the VIN to see whose name the vehicle is in. Then after contacting that individual they get the opportunity to speak up and claim ownership of the vehicle or they can deny/relinquish ownership of the car. The titled owner usually has about 30 days to respond one way or another.. otherwise it becomes the property of the person with posession of the car.

I knew a guy that used to steal cars that way- Now he is serving 2 life sentences in federal prison. He would make the request to title someone's car in his name (using an alias) without their knowledge and then intercept their mail. Then he would then sell the cars to used car dealerships in other states by showing them pictures and exchanging the title for a deposit. Then he would physically steal the car the night before he was going to deliver it and then he would get a locksmith to make him a set of keys for the car. So by the time it made it to the new dealership and the transaction was complete, the car was "legally" theirs and the victim had no proof of ownership.

[amdspitfire]

The way that it was explained to me by my local motor vehicle bureau is that when you have no title, they will reference the VIN to see whose name the vehicle is in. Then after contacting that individual they get the opportunity to speak up and claim ownership of the vehicle or they can deny/relinquish ownership of the car. The titled owner usually has about 30 days to respond one way or another.. otherwise it becomes the property of the person with posession of the car.

I knew a guy that used to steal cars that way- Now he is serving 2 life sentences in federal prison. He would make the request to title someone's car in his name (using an alias) without their knowledge and then intercept their mail. Then he would then sell the cars to used car dealerships in other states by showing them pictures and exchanging the title for a deposit. Then he would physically steal the car the night before he was going to deliver it and then he would get a locksmith to make him a set of keys for the car. So by the time it made it to the new dealership and the transaction was complete, the car was "legally" theirs and the victim had no proof of ownership.

hahah interesting business model.