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Why are used cars sold without a title in the US? In my country you need a green registration card (equivalent of the title) and a secret code from the equival
by fy20 4y ago
Why are used cars sold without a title in the US?
In my country you need a green registration card (equivalent of the title) and a secret code from the equivalent-of-the-DMV (to prevent selling stolen cars) in order to register a vehicle in your name. Nobody would pay for a car without getting those at the time of sale, as you can't register the car, so it's effectively not yours - a sales contract means nothing if you don't get them.
- iudqnolq 4y agoI'm not sure that's common. When I bought a used car in Colorado I was handed the title at the time of purchase and still had a massive pain registering in time. (My apartment complex contracts with a predatory towing company that makes money by finding reasons to tow your car and charging you for the car's return. One of their excuses is not registering fast enough)