Kevin Allen wrote:
So how is this going to go down in reality?
IF the signature on the title matches the seller's name, and the "buyer" portion is blank, then you're OK IF you can find someone to notarize the title for you and you have some trust in the guy you're buying the car from that it's not stolen, etc.
You alluded to the fact that something was not right on the title, but did not say what it was- so there's that.
What you're being told by DMV and some others is technically the way it should be done- i.e.- buyer #1 transfers the title into his name from original seller, then you transfer it to your name from buyer #1 (once he's the legit owner/seller).
If the buyer portion is filled in with someone's name, then the title will have to transfer to that person first before it can be transferred to you.
All of this can be done in one step, provided the guy you're buying it from is willing to pay to have the car put in his name (which it sounds like he isn't).
There is a small (~$20) penalty for not transferring a title within 30 days (?) of the date shown on the title (Date vehicle transferred to new owner), but other than that, there are no penalties for delaying the transfer of a title. There ARE some fees that can be substantial such as "highway use tax" that is based on the DMV's computer "book" value of the car. It does not matter if it's a total POS that you're getting for free- the new owner has to pay 2% (?) of the vehicle's value (there is a cap on this, not sure what it is).