Restoring a ‘71 Honda CL100 that came to me without a title. How hard is it to establish a new title, and does it add to the value?
Each State will have different ways to get a new title. In Utah, all you have to do is get a title form and fill it out. Then get a Cop to verify the numbers. Once that's done, the DMV will make sure it's not stolen and issue you a new title. I've done this 4/5 times with old 'Barn' finds.Restoring a ‘71 Honda CL100 that came to me without a title. How hard is it to establish a new title, and does it add to the value?
This is actually a lot easier than it used to be..Three reasons that a title is critical: 1) Is it stolen? Without a title, you don't know, and you don't want to get caught in possession of stolen property; 2) Is there a lien? There may be a creditor out there with a valid claim against your bike; 3) What do you do if your bike is stolen from you? If you report to the police, and admit that you didn't title it, you've got a lot of 'splaining to do.
Bottom line is I would never take possession of any vehicle that is supposed to be titled unless the seller can show me a title or registration. Even vehicles that aren't street legal, like ATV's and motocross bikes, should be titled for the reasons listed above.
As for your current situation, I suggest you stop by your local law enforcement office and explain the situation. They might check the VIN for you for $10 or so. Your other option is to talk to the local tag office and get their advice. It should be as simple as getting a duplicate of the title in the name of the last registered owner and having him sign it over to you.
I'll second that, I went through their insuffienct proof of ownership' procedure and all it got me was a notice stating that pending a title search, if no prior owner was found, it would have to go in front of a judge, with something like $750 in possible court costs. This was for a boat, not a bike but I suppose its the same deal.Getting a new title can be a pain, depending on where you live.
In New Jersey, it's damn near impossible.
With a notarized bill of sale, a police inspection and the correct paperwork filled out and the money, I guarantee Vermont will give you a tag and they don't title vehicles over 15 years old. After you get the tag, wait 30-60-90 days and go to the DMV and swap to an NJ plate. You'll then also get a NJ title in a few weeks. I've done over 20 bikes this way in Indiana and one now in FL so far with zero issues. I didn't believe it at first but it works. They don't care where you live, they just want your money. As long as the police inspection comes back that it's not stolen and no lien, there's not much they can do if it's registered in VT. Or, you could get a bonded title, they're pretty cheap but the title stays bonded for 3 years which sucks and is kind of a pita compared to VT. Just my $.02, good luck however you go about it and keep us posted.The Vermont idea sounds good but I'm not sure if it would get you a title here in the end.
Here ya go! In my case, it was $75 for a plate and registration from VT, then you just transfer that to IL and you get a title out of the deal. Or, if you're my friend, you don't even bother with that and just keep it registered to VT because renewal fees are cheaper out there than they are out here. VT doesn't care because it's free money for them and IL doesn't care because the plate traces back to you.I literally just got my tag in the mail today. It cost me $93.90 and it will vary depending on the "Good" NADA value. This was quite painless. Just google "Get A Title With A Vermont Registration' The link is from Chin On The Tank website. I'd post a link but I'm a newb and this site won't let me yet
NJ is similar but so long as there's an existing title in NJ or any surrounding states that they check, you simply can't get a title. I've had a judge tell me its not the responsibility of the state to provide proof of ownership, it falls with the selling owner.Indiana has an Affidavit Of Ownership form for vehicles whose value is under $5000. You get a law enforcement inspection (VIN check to see if it's stolen), Bill of Sale, and fill out the affidavit. If the BMV can find the previous owner's info based on the vin, they'll get you a title. If they can't, you can file some extra paperwork with the court and pay a fee (under $100 when I did it). You're essentially "sueing" for a title. You'll get a court date. Once it was my turn it took ~3 minutes in front of the magistrate/judge.
The VT "mail order" is probably easier, but at least in Indiana the Affidavit/court issued is probably more "kosher."
This was also all about 10 years ago (2010-ish) so it may have changed since then also.