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Old 12-14-2010, 11:23 PM   #1
STiGuy06
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Title question

Im trying to get some extra cash on the side to save for a house. I'm parting out a 00 Jetta i got from my neighbor now and its almost done and i'd like to get another car asap to do the same. He had the title but i told him to keep it and shredd it because i was only going to part it out. I also didn't want to spend money on transfering it. Would this be ok for the next car i get? What else should i do if not. I will be paying cash for this like i did with the Jetta. I would need to drive the next car to the house but then it'll be in my driveway under a tarp until its stripped.
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Old 12-16-2010, 09:05 AM   #2
Bane
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always keep the cars documentation

when you go transfer the title you can just say the car is junk or a gift with no price paid for it to save the tax

better to pay the minimal transfer fee then to have your neighbor report you cutting a car to pieces that if an officer comes to investigate you have no proof you legally acquired it

work smarter not harder
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Old 12-16-2010, 06:11 PM   #3
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thanks will do w/ the next one.
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