one transaction I learned my lesson on- if you really desire a title for a vehicle purchase of $5k or less, and it's not on hand/ ordered at the dmv in your presence; 98% of the time you should walk away.
Make initial contact, sounds like a driveable parts rig and possibly repair and flip. seller comes off as a child of semi-affluent parents who's trying to get his shit together and move out of state 'title's at my moms house, she lives across town i'll grab it on the way to our meetup' so we discuss a price and set a meeting time.
I show up with truck and trailer about 5 min early to the meeting spot which is in front of a house in marginal neighborhood which has eviction notices plastered everywhere and appears to be vacant, and not a soul in sight. Then 10 min after meeting time still no show, so i call and it goes straight to voicemail. 25 min late he calls back as i'm hopping in the drivers seat to leave and says he's 10 min away and sorry, phone died.
shows up almost 30 min later after saying 10 min away, vehicle is much worse than advertised driver condition; steel on steel braking on all 4 corners etc, and no title; his mom put it in the safe deposit box at the bank. I should have walked, but i'm here and now have 2 hrs tied up in this, so my offer goes down by half, and i'm holding $250 back until he gives me the title, agreed to be within 48-72 hrs. ( i got his moms contact info who vouches for his story and seems pleasant and believable enough. )
I did all this in a hurry because it was getting dark and i didn't really want to be loading alone in the dark in front of repo house, as i'm strapping down a truck i have only a handwritten bill of sale for and it dawns on me no real concrete assurance that the buy here pay here repo man isn't going to come by looking for also
.
guy then proceeds to pester me for small drips of the withheld funds for gas money after he sends photo of title in hand- just sketchy shit off the chart, he tells me to meet him at x location 40 min from me in an hour for title handoff- I show up to what turns out to be a mexi-mart prepaid phone store 5 min early and nothing- phones straight to voicemail again... after 20 min i give up and go have a beer and a taco while i'm in the area.
on my way home an hour later as the sun has set, fuming/ accepting that i'm going to have to quarter this suburban carcass up after i pick it clean to scrap it, since no title he calls from his now un-dead phone to meet him at a no-tell motel 6 i passed by about 3 miles ago. i tell him his ass better be standing in the parking lot when I get there with title in hand and i'll chuck cash out the window as i drive by. I actually stopped the car for a minute to lecture/yell at him in this parking lot that could have been a scene out of Next Friday or Don't be a Menace,
but it definitely wasnt a place i was going to voluntarily exit my vehicle alone at night. and to his credit, he was seemingly genuinely apologetic
take away: I got my title but i should have just walked and eaten the $40 in gas and 2.5 hrs wasted. I willfully buried my head in the sand on a few too many glaring red flags along the way, and am fortunate i made it through the ordeal without becoming a party to a stabbing or shooting incident.
Oh and 2-3 weeks later he sends me a text with a red light camera ticket image and tells me I owe him for this infraction on the test drive. ( on my drive that was only long enough to see the trans shift through at least 3 gears, i did run a dark yellow- because no brake pads & all.) but the date on the ticket was 2 days before i met him and several miles away from where we drove, so i told him to kick rocks.