View Single Post
  #19 (permalink)  
Old 08-13-2005, 02:18 AM
mrmustang's Avatar
mrmustang mrmustang is offline
CC Member/Contributor
Visit my Photo Gallery
Gold Star Contributor
 
Join Date: Feb 2000
Location: Greenville, SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
Posts: 12,690
Not Ranked     
Default

Of course there is no document, the basic chain of ownership is all common sense. When you as a dealer sell a roller, and your name is listed on the MCO as the original buyer, you then need to offer a "Bill of Sale", along with the proper sign off on the back of the MSO/MCO . If not, then what your doing is essentially "flipping" the MCO/MSO as one would flip a title to avoid paying sales tax (just as one example) by not placing it in ones name beforehand. In this case, it sounds like the chain of ownership was broken, which of course 90% of the state DMV offices will reject, as the question of just who owns said vehicle comes into question (legally speaking).........

Just my additional two cents worth, all based on what you have posted on this thread to date. I do not do the PM thing when it comes to items like this, as it does not benefit the group as a whole. Better to spell it all out here on the open forum, unless of course your doing something you should not be........As a business owner, I doubt that you would jeopardize your company by doing anything underhanded, so we'll leave that one as it sits...........
Bill S.


Quote:
Originally posted by Cashburn

There is no document outlining this online anywhere. And there is no document outlining this offline either.
__________________
Instead of being part of the problem, be part of a successful solution.

First time Cobra buyers-READ THIS
Reply With Quote