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looking at a gsxr frame with a bonded title. What does that mean? How do I find out what the status is, who the last owner is/was and if there are any leans? How do I get a clean physical title in my hand and how much does that cost?
I hate craigslist!!!!!!!!!!!!!!
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Bonded title is pretty much a pink slip and not really a title. Kind like a salvage certificate that you can turn into a real title. It's different every state, you'll have to check urs.
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I don't know but bonded sounds more like its on a lien
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I am about to go through the process myself. Picked up a 03 F4i full fairing running w/ 7k miles on it for super cheap. no title, called DMV w/ numbers prior to buying, no bad history and clean numbers. its stripped down and my lot bike right now but im going to make it "legal" lights n what not, n go down n file for the bonded title. Roughly 150 bucks in AZ. inspection and paper work. then its able to be registered, insured. I wouldnt steer away as long as you verify numbers. can come up on a good bike for cheap
mine was lowsided, dude was badly injured n left it on an old property when he moved away. Hope that helps. let us know how it goes. i plan on doing a write up w/ the full process once I get through it
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Sounds like its a salvage title then.... he just doesn't physically have the title. Here in IL we have to go through all kinds of shit to get a salvaged bike street-able. Its not really worth the bullshit. The guy says it has a bonded title but doesnt have ANY paperwork on it.
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if he already has a bonded title in his possession than the hard part is done. get the vin, all the dmv n ask them to run the numbers. I am from IL n had a vehicle up there w/ a salvaged title before but bought it w/ it already processed. my current f4i has no paperwork what so ever right now, kinda sketch i know but i know the numbers are clean so im not too worried, get to the bonded title in the next month or so.
is the deal too good to be true?
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no he wants 675 for the frame with the "bonded title" but he doesn't have this title in his possession, that's where I am lost. How is it a bonded title if he doesn't have it in his possession? I told him to get the papers and I will pay him for what it costs and he replies back, "well if I do all that, then I'm selling it for $200o like the ones on ebay". I told him to eat shit
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In AZ its basically a clean title. They just run the numbers and make you purchase a surety bond and they give you a clean and clear AZ title. I've done it a million times, no biggie as long as there is no lien and its not stolen.
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can you run the numbers for me?