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: question about purchasing a vehicle


Enecsver
06-26-2009, 06:03 PM
I am looking at purchasing a vehicle. The guy selling the vehicle does not actually own it. He said that the vehicle was given to him by his brother for money owed to him. He says that he has the transfer papers signed by his brother and when I give him the cash, I can legally take ownership of the vehicle. Is there anything that can go wrong with this? Tomorrow I am going to get the vin and have it checked by icbc to make sure it is good. Other than is, is there any other things I should do in this circumstance?

thanks for the advice

FS1992EG
06-26-2009, 08:07 PM
when you give him the cash, he's going to take the cash and rob you blind, sound sooo shady

tiger_handheld
06-26-2009, 08:45 PM
confirm the registered owner. the car should already be under "his" name, if its still under his brothers - red flags should go up and voices inside ur head should yell RUN.

thumper
06-26-2009, 08:47 PM
maybe check with the police as well and make sure the car isn't stolen or has swapped vins.

all i can think of is if everything else checks out, do the transaction at an autoplan insurance branch in front with an agent as witness?

ilvtofu
06-26-2009, 09:39 PM
It should be fine as long as it isn't literally a stolen car, you can always check. But as long as the pinks are for this exact car, you really don't have to worry if you do it like thumper said

!Aznboi128
06-26-2009, 11:47 PM
go with a cop lol

this sounds pretty fish

fliptuner
06-27-2009, 12:04 AM
Call the brother and make sure the signatures match. Maybe pay for it in a way that leaves a trail ie. cheque or bank transfer. If you voice your concerns and the guy gives you BS excuses, walk away. If I were in his situation (or if my brother asked me to sell cause he was out of town or whatever), I would have no problem trying to accomidate the buyer.

Enecsver
06-27-2009, 07:44 AM
^
thanks. I thought about calling his brother but how do I really know it is his brother and not some other dude I'm talking to. Im am giong to check the last names and hopefully they will both come out the same.

fliptuner
06-27-2009, 04:20 PM
Ask him what his dl# and postal code are as they appear on the insurance and transfer forms.

thumper
06-27-2009, 09:19 PM
what bothers me is why dosen't this person didn't transfer ownership to himself in the first place. if it's his brother, then it's family, it should be a problem and he could even sign it off as a gift legitimately and not pay taxes.

maybe i'm reading too much into this... "but somethin' ain't right".

ilvtofu
06-27-2009, 10:14 PM
tell him to gift it to himself?

iamed
06-27-2009, 10:47 PM
what bothers me is why dosen't this person didn't transfer ownership to himself in the first place. if it's his brother, then it's family, it should be a problem and he could even sign it off as a gift legitimately and not pay taxes.

maybe i'm reading too much into this... "but somethin' ain't right".

Transfer fees so he might not have transferred it under his name if he wasnt planning on insuring the car. This is a probable situation but be sure to be extra cautious in making sure the owner approves this sale.

DJ Milk
06-28-2009, 08:18 PM
The seller is probably a curber and works for a dealership. They don't transfer the car into their name to evade taxes which is why they have the transfer paper still in the previous owner's name.

you
06-29-2009, 01:23 PM
fishy like pussy

q0192837465
06-29-2009, 01:28 PM
craigslist?