Purchased new motorhome online, help with title questions
Hello,
I recently purchased a used motorhome from an online auction site and am due to pickup the unit this coming week. I'm an armature at this, so I have a question.
The dealer who is a very small dealer who purchases repos and resells them requires payments in the form of guaranteed funds. Cash, Cashiers check, money order, etc.etc. Fine, so I ask him since this is guaranteed funds paid to you, I leave with the title. He stated no, it would be mailed to me within 10-30 days. ??? I asked why and he said cause you check has to clear. I stated it will be drawn on a local national bank and you can walk into the bank and cash it. He responded with something to the affect, "we are a busy dealership and do not have time to run to the bank, we deposit it and once it clears, we process your title.
My thought is since he just acquired this unit via auction, he is probably waiting for the title himself. Often those repo auctions, mail title to dealers. I asked if I can see the title when I pay and he hesitated and said, "let me see if we have it here, oh, yes, you can see it" and then he went on his diatribe about how dealers do not ever issues titles. Well, I'm thinking hello, I'm paying guaranteed cash, or cashiers check drawn on BOA which is 1/2 mile down the road from you.
should I proceed, or demand title in my hot little hand before I leave? I guess he has to transfer it to my name and all that? Since he's a dealer, it's probably not titled in his name yet?
Any advise is greatly appreciated here.
I recently purchased a used motorhome from an online auction site and am due to pickup the unit this coming week. I'm an armature at this, so I have a question.
The dealer who is a very small dealer who purchases repos and resells them requires payments in the form of guaranteed funds. Cash, Cashiers check, money order, etc.etc. Fine, so I ask him since this is guaranteed funds paid to you, I leave with the title. He stated no, it would be mailed to me within 10-30 days. ??? I asked why and he said cause you check has to clear. I stated it will be drawn on a local national bank and you can walk into the bank and cash it. He responded with something to the affect, "we are a busy dealership and do not have time to run to the bank, we deposit it and once it clears, we process your title.
My thought is since he just acquired this unit via auction, he is probably waiting for the title himself. Often those repo auctions, mail title to dealers. I asked if I can see the title when I pay and he hesitated and said, "let me see if we have it here, oh, yes, you can see it" and then he went on his diatribe about how dealers do not ever issues titles. Well, I'm thinking hello, I'm paying guaranteed cash, or cashiers check drawn on BOA which is 1/2 mile down the road from you.
should I proceed, or demand title in my hot little hand before I leave? I guess he has to transfer it to my name and all that? Since he's a dealer, it's probably not titled in his name yet?
Any advise is greatly appreciated here.
