Quote:
Originally Posted by brisboats
uh huh, but in those states a skipped title is often illegal. If you want to broker cars get a dealer's license in your state and do it within the law. If you don't have dominion and control over the title to something don't sell it, simple as that. If you want to flip a car get the title in your name and pay the state taxes. Just as you would when flipping a house without a broker's license. Your State may only allow you to do a few a year without the proper license. Very good reasons for that, contact your local dealer's association and they will tell you why.
I have had flipper scum ask me not to sign a title when selling them a car and I always just smile and yell them nope. I pay taxes, lots of em and when someone wants to dodge them I rather not deal with them. Not once has the deal gone South.
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Since you seem to have a good grasp on all things legal and wise regarding selling cars please tell me what you think would be the best way to handle my situation. I helped a couple porsche buddies approx 10 years ago both build the 993 of their dreams. We all became good friends through the years. One of the two friends was diagnosed with cancer on his birthday. He came to me about 10 months after his diagnosis and he was pretty ill. I hadn’t seen him for several years prior. We talked porsches and his eyes lit up. I showed him my collection of 911s and he was a kid in a candy store. He told me that he only had several months to live. He was keeping his mind occupied by tying up a couple loose ends on his 993 targa “S” hence his visit to me. He expressed concern over where his prized possession would end up and I told him that he should try to sell it now so that he could help find a buyer that loved it as much as he did and he could control the process. Needless to say he died. He died on his birthday exactly 1-year to the day that he was diagnosed. Never sold the car. His 993 buddy contacted me and asked what I thought about selling the car and I told him about the conversation Jacob and I had about finding someone who loved the car. I suggested BAT to increase the chances of finding that special buyer. He and Jacob’s brother discussed and agreed and asked if I could help them do that? I offered to do it free of charge as I felt it is the least I could do for Jacob. What would you do?