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FIB - Scams 101 - Ye Olde Archives
Posted By: Angela C. In Response To: Example: (MaaMaw)
Thursday, 21 July 2005, at 1:00 p.m.
Hi MaaMaw,
Where I am from. SC. You do not have to transfer anything to your name.
On the back of the title there is space for 2-3 people to sign over
ownership.
I do know that policies are different from state to state and sometimes
county to county.
For instance, in our local town (within the city limits) about a year ago
there was a new ordinance that stated any cars that were not registered
had to be removed. This was because a lot of people were piling up old
junk cars and not doing anything with them.
My advise would be to call your local Highway dept or tax office for
what you know would be the 'right' answers. While you are at it make sure
that you don't have to have a special permit to keep unregistered vehicles
or parts on your property. It's sad but sometimes there are stipulations
to American Freedom!
I do think you have a great idea. There are people all the time searching
for parts for cars online as well as local. And you can get a lot out of
cars that are worthless by selling, say a fender for $100. When it would
cost someone 2-300 if they bought after market! There is potential to make
several hundred off a vehicle that is otherwise retired. And then you can
take the leftovers to the scrap dealer for a few more bucks.
Hope this helps,
Angela
Affiliates Paradise plus Discussion
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