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Old 01-06-2017, 09:22 AM   #1
AsuDevil
 
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Exclamation Should I buy or....

Hello and first things first... I love this Camaro community!!! This is my first post much less thread that I've ever started on this board, I usually just watch, read, and learn from all of you that are kind enough to share and contribute from your experiences and lessons learned. I'm in desperate need to seek out some professional help from any of you willing to read the following.


Yesterday I was contacted by a cousin that saw this that his buddy was going to sell: (FOR SALE) 2011 grey V6/auto Camaro with a clean interior and blown motor. Reason I ask if you know much about them is because I just found out a couple of days ago that my cousin has a 2011 Camaro v6/auto that he blew the motor in. Plus along with that, something happened (don't ask me what), but he now doesn't have a title for it anymore nor is he willing to go to any trouble to help someone obtain a title for the Camaro to be driven on the street that wants to maybe buy it one day. He said I could have it for $2,000 as is. It comes with a great interior, exterior grey paint color, and body is in great condition, whith all electrical working, etc working. Does this sound like a good buy to anyone because I'm about to pull the trigger on it and drop a tuned LS7 in that bad boy and get that car ready to go fast.

So at the same time I would like to turn to you all in seek of some much needed guidance/help of what all I will need in order to determine what we will end up doing with it. I'm desperately in need some much needed advice??! I kind of want to turn the 11' Camaro into a project car of sorts and when I'm done attempt to get a title for the car. What do you think? Not worth 2 grand? Or just use it as a track car? Any opinions?! Thanks for reading everyone. Have a great day!
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Old 01-06-2017, 09:25 AM   #2
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No title... on a car that new.
He still owes the bank and decided to not pay for it. If that is the case they can take the car away from you if they ever found it. Don't touch it... No title, then run away.
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Old 01-06-2017, 09:27 AM   #3
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Scam. No title = giant red flag. Its either subject to repo, in someone else's name and he lacks authority to sell, or it's just plain stolen.
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Old 01-06-2017, 09:39 AM   #4
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Not to mention putting an LS7 V8 on a V6... that is quite the endeavour and many, many have failed to put just an LS3 in a V6 before... just fyi.

And Welcome, btw.
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Old 01-06-2017, 09:49 AM   #5
Snoman
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Stolen vehicle, you cannot be that naive.
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Old 01-06-2017, 10:01 AM   #6
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Agreed....the title deal is horse shit. If the bank doesn't have it he should. For $2000 I would dig more into the story. Sweet looking car
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Old 01-06-2017, 10:20 AM   #7
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Oh boy...
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Old 01-06-2017, 12:44 PM   #8
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Can't you get it "retitled" if it doesn't come with a title? Just wondering.....
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Old 01-06-2017, 12:50 PM   #9
AsuDevil
 
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I am pretty sure that I could get it retitled when I finish it because it will be a total different animal. Worst case, couldn't I just turn it into a track car?
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Old 01-06-2017, 12:58 PM   #10
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Quote:
Originally Posted by AsuDevil View Post
I am pretty sure that I could get it retitled when I finish it because it will be a total different animal. Worst case, couldn't I just turn it into a track car?
If the car is stolen or subject to repo, no, you won't get it re-titled until you forge a VIN plate, scam the BMV, avoid law enforcement attention. Possible, but with some stiff penalties if you're detected. Also note cars have hidden VINs, and in many states to apply for a MVIN (a manufactured VIN, that you rebuilt a car and it's now a "totally different animal) you'll need to have it inspected by law enforcement. Guess who does that inspection? Guys trained in detecting stolen cars.

Worst case is you get arrested for possession of stolen property.

So, let's look at a potential "worst case": Owner can't make payments. He sells it to someone greedy and naive enough to overlook that the car is grossly undervalued. Then he reports it stolen to his insurance and his bank. Then you are found to be in possession of the car. Even if you're not arrested, the car will still be repossessed and you're just out your money.

You're buying into trouble. No title = no deal.
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Old 01-06-2017, 01:02 PM   #11
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Originally Posted by AsuDevil View Post
I am pretty sure that I could get it retitled when I finish it because it will be a total different animal. Worst case, couldn't I just turn it into a track car?
If you do want to do this I would figure out a few things first.

1 - run a VIN check / check with the local police to verify that the car has not been stolen. It seems EXTREMELY unusual that someone would have a car like this and just not be interested in re titling it in order to be able to sell it for another $8k at least. A VIN check could also potentially reveal if a bank has a hold of the title.

2 - If the above checks out - call your local DMV and see what would be involved in re titling the car.

Both of these phone calls / research could save you ALOT of time / aggravation / money if there are any issues.
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Old 01-06-2017, 01:16 PM   #12
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Old 01-06-2017, 02:08 PM   #13
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Walk away, just walk away.
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Old 01-06-2017, 02:23 PM   #14
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Quote:
Originally Posted by AsuDevil View Post

Yesterday I was contacted by a cousin that saw this that his buddy was going to sell:

I just found out a couple of days ago that my cousin has a 2011 Camaro

Plus along with that, something happened (don't ask me what), but he now doesn't have a title for it anymore nor is he willing to go to any trouble to help someone obtain a title for the Camaro
I see 3 things wrong here... first a buddy has a Camaro... then your Cousin has a Camaro... then he doesn't have a title, and he isn't going to get it?

Yeah... fishy... almost Craigslist fishy.
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