Of course the criminals and opportunists ruined it for everyone.
I see a lot of Exocets and DF Goblins listed for sale as being VT registered. I wonder what this will do to the market on such vehicles.
I had considered this option for the Autobianchi but I never pulled the trigger and now I guess it's to late.
In reply to nocones :
Typically, if you "lose" a title that is free of liens and now your like the 4th owner d/t no title, they will, I think, do a state only title search for the owner. This is much like Michigan, but you have to be a "resident". Once it's found clear, they'll issue a new title to you in your name.
I've seen ads recently where the seller has lost the title and specifically says to do the Vermont title thing. It ticks me off how people can't keep track of their titles and are too lazy to go to the SOS to get a replacement themselves.
I'm in Vermont. Wife misplaced the title to the smart I just sold. It cost her $65 plus getting proof from Mercedes Financial that there were no liens left on the vehicle. 4-6 week wait. The DMV is way behind due to worker shortage. Vermont does not issue titles for vehicles more than 15 years old anyway unless you specifically request it. Bill of sale and odometer disclosure is all you need to change ownership.
vwcorvette (Forum Supporter) said:I'm in Vermont. Wife misplaced the title to the smart I just sold. It cost her $65 plus getting proof from Mercedes Financial that there were no liens left on the vehicle.
Wow. I just checked and in Minnesota it only costs $7.25 for a duplicate title.
The people who say they lost the title bug me - if the car was titled in their name and they just can't find the paper, it shouldn't be that big a deal for them to get the replacement. I assume in most cases it was never transferred to them in the first place when they bought it, so they're just kicking the can down the road.
This is a bummer, but also definitely the right call. The first (and only) time I used the loophole I was amazed at how they didn't check for insurance (or apparently license either), and the ability to dodge taxes also seemed obvious. In my case, I happily paid the Vermont taxes as well as the usual NYS taxes -- the extra cost seemed very reasonable considering it was an otherwise unregisterable vehicle, and from my reading not paying the NYS taxes would've been fraud. I'm not surprised it ended up getting exploited malaciously so widely.
FWIW, I now live in MA and you can get a bonded title, and the surety bond rates are cheaper than the VT sales tax.
PA makes a missing title about impossible to fix. Only way I could get a title for a motorcycle I worked on/sold was via VT.
I had neighbors that registered their vehicles in Vermont and New Hampshire to avoid local property taxes. They had the same vanity plate, one green with white, and one white with green. They bragged how easy it was to do. I also knew someone who got a Maine phonebook (years ago) and would register his crashers in someone else's name, and his mailing address. Pretty casual
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