01-06-2017, 09:22 AM | #1 |
Drives: Too many toys for my own good Join Date: Jan 2017
Location: Houston, Texas
Posts: 6
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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! |
01-06-2017, 09:25 AM | #2 |
Drives: 15 Z28, 01 Corvette, 96 Corvette Join Date: Dec 2016
Location: Colorado
Posts: 863
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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. |
01-06-2017, 09:27 AM | #3 |
Drives: 2011 Camaro SS Join Date: Dec 2016
Location: Midwest
Posts: 314
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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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01-06-2017, 09:39 AM | #4 |
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Drives: 2010 Camaro 1SS LS3 Join Date: Jan 2015
Location: Riverside, CA
Posts: 4,018
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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. |
01-06-2017, 09:49 AM | #5 |
H-Town Camaro Club
Drives: 2013 Dusk Edition 2SS/M6/Sun/NPP Join Date: May 2014
Location: Houston
Posts: 2,234
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Stolen vehicle, you cannot be that naive.
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01-06-2017, 10:01 AM | #6 |
Drives: 2011 2SS/RS 500+ h.p. monster Join Date: Feb 2016
Location: Charleston IL
Posts: 272
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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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01-06-2017, 10:20 AM | #7 |
Drives: '17 Corvette Grand Sport M7 Join Date: May 2012
Location: Pennsylvania
Posts: 3,748
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Oh boy...
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01-06-2017, 12:44 PM | #8 |
Account Suspended
Drives: Camaro V6 Join Date: Oct 2016
Location: U.S.
Posts: 1,722
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Can't you get it "retitled" if it doesn't come with a title? Just wondering.....
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01-06-2017, 12:50 PM | #9 |
Drives: Too many toys for my own good Join Date: Jan 2017
Location: Houston, Texas
Posts: 6
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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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01-06-2017, 12:58 PM | #10 | |
Drives: 2011 Camaro SS Join Date: Dec 2016
Location: Midwest
Posts: 314
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Quote:
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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01-06-2017, 01:02 PM | #11 | |
Drives: 2011 SGM 1SS/RS M6 Join Date: Feb 2012
Location: New England
Posts: 255
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Quote:
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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Current: 2011 SGM Camaro 1SS/RS M6 - CAI Cold Air Kit, Janetty Tuned
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01-06-2017, 01:16 PM | #12 |
Drives: 2013 Camaro Dusk 2SS/6 Join Date: Sep 2013
Location: New Jersey
Posts: 1,586
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01-06-2017, 02:08 PM | #13 |
Drives: 2011 L99 SS Join Date: Oct 2014
Location: Texas
Posts: 500
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Walk away, just walk away.
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01-06-2017, 02:23 PM | #14 | |
Drives: 2015 SW 1SS/RS 1LE Join Date: Mar 2015
Location: Brighton, CO
Posts: 2,736
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Quote:
Yeah... fishy... almost Craigslist fishy.
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