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07-20-2004 08:55 PM #1
Looking for lenders that will finance a car for me out of state and with open title
I was approved through capital one but the guy I was buying the car from said the car had an open title and they would sign check over to him unless title was in his name. So, he told me to use a lender that will finance me with the car having an open title...please if you guys know of any lenders that ya'll use often or would help me out please list em.
Thanks
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07-21-2004 05:05 AM #2
MrMustang is right. Around here, the term used is title jumping. Have the guy put the title in his name and there is no problem.
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07-21-2004 06:33 AM #3
Caveat Emptor!
This is shady business. Step away.
AbeTechnology is the answer.
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07-21-2004 08:02 AM #4
If this guy is on the up & up then he won't mind you checking the numbers to the VIN. plate, if they match and you still want this car then offer to pay to have the paperwork done with you there at the DOL and take it off the sale price. Then if it's a "money" thing he will agree...if not then it's a rip-off.Jim
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