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Old 07-28-2010, 10:42 AM   #1
Mugen910
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Default Re: I don't understand this..

Thanks for sharing Frank...That explains a lot..She is very concerned about how this will come back to her in the future.
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Old 07-28-2010, 10:53 AM   #2
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Default Re: I don't understand this..

Yep, the guy is a shady dealer. Any probelms with the car and he's free and clear. The car is still technically in her name until the new purchaser signs the title.

Did you remove the tags when you traded it?
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Old 07-28-2010, 11:00 AM   #3
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Default Re: I don't understand this..

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Originally Posted by Bax View Post
Yep, the guy is a shady dealer. Any probelms with the car and he's free and clear. The car is still technically in her name until the new purchaser signs the title.

Did you remove the tags when you traded it?

The car had no tags or insurance...it was sitting in my driveway for months not being used.
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Old 07-28-2010, 12:20 PM   #4
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Default Re: I don't understand this..

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Originally Posted by Mugen910 View Post
Thanks for sharing Frank...That explains a lot..She is very concerned about how this will come back to her in the future.
I hope it put things in a little perspective. I dont know how liable your GF could be held. If you or her feel like things are sketchy they usually are brother. I know my GF goes off on some wild tangents sometimes and more often than not gets all worked up over nothing I still try to support her. If she feels like something is off or doesnt seem as it is, I back her up on it.

Also, if this guy sells the car to someone else and they cut him a check or something then it's a sale between the new buyer and your GF. It will make it's way into the endless network of paperwork and might come back to bite her as unclaimed income. In Maryland if you do not fill out the purchase price on the title with an accompanying bill of sale that is notarized the DMV goes off the bluebook value and basis it's records on that. So you might have gotten 400$ for the care but when Slick Rick goes to sell it, the buyer will have to take the title to the DMV. Bluebook might be 1-2grand and you'll end up biting the tax bullet.

Just like anything in life, if it seems to good to be true, that's because it is. Same goes for people if they seem shady or what have you it's because they are.
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Old 07-28-2010, 12:23 PM   #5
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Default Re: I don't understand this..

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Originally Posted by BigFrank View Post
I hope it put things in a little perspective. I dont know how liable your GF could be held. If you or her feel like things are sketchy they usually are brother. I know my GF goes off on some wild tangents sometimes and more often than not gets all worked up over nothing I still try to support her. If she feels like something is off or doesnt seem as it is, I back her up on it.

Just like anything in life, if it seems to good to be true, that's because it is. Same goes for people if they seem shady or what have you it's because they are.
True brother..very true...She's all worked up over this asking lawyers we know and stuff. All I can do is try to ease her mind. We'll see what happens.
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