free radical wrote:
I only have experience in buying vehicles in Alberta,Manitoba,Ontario and NS and in each and every case I got the Title aka pink slip from the seller right when paying for it.
Then I go to DMV and have it registered,its that simple,,
perhaps in some states is different,I dont know..but its good to use caution as its YOUR money you may lose!
Without title you dont own the vehicle,so you canot sell it,anyone saying otherwise cannot be trusted,imho
good luck
Seems to work much differently in the US than here. We never walk out with a vehicle that doesn't have the ownership documentation (title) with it. Dealers here have all the documentation done in your name, but that's probably why it takes a day or two between purchase and pick up... I've never known anyone to walk into a dealer, slap down cash and drive away right away, but I would assume that it's possible provided that the MTO is still open and the buyer is plopping down enough cash to motivate the dealer to send someone running to the MTO then and there.
Purchasing from a private party, we receive the ownership, which is still in their name, and we head to the MTO (Ontario) and have it transferred to our name right then and there. Not sure what the law states as far as how much time can take place in between purchase and the transfer of ownership, if it has anything at all about it. Insurance company will usually only insure a day or two after the transaction and will not usually insure a vehicle long-term without the ownership being in your name.
