Re: [DML] Re: To Rebuild to Part Out - That is the question.

[Vin 5386 <delorean_stainless@xxxx>]

David brings up an interesting point. I believe the NJ
laws pertaining to title swaping and tag removal are
pretty steep. My father was a police officer in East
Orange NJ. He ran into this stuff alot. Due to alot of
chop shop opps the laws were changed to enforce
stricter regulations on this type of behaviour. One
might want to think twice about holding "dead" titles
as it could be a felony in certain states. Best bet is
to go down to your local police station or court house
and see if you can dig up some info pertaining to the
perticular rules, laws and regulations. Many acts have
been passed over the years to make it more and more
difficult to be involved in this type of behavior.
Many state's laws and regulations see no difference
between professional chop shop opps and single acts of
this type of offence so caution and a little diggging
might be in order to prevent finding yourself in deep
water. Personaly I don't think I look good in
horizontal strips :D

Todd
Vin 5386
--- "David Teitelbaum <jtrealty@xxxx>"
<jtrealty@xxxx> wrote:
> As interesting as this sounds technically if you are
> "parting out" a 
> car then (at least here in New Jersey) you are
> supposed to surrender 
> the title back to the State DMV where they then
> retire it. It is (I 
> believe) a federal law that prevents you from moving
> a vin # and title 
> from one vehicle to another. This is to prevent
> having a stolen car 
> and "cleaning" it up with a different title. In
> practice you can 
> "rebuild" a car if keeping the origional frame, vin
> and title. It 
> becomes a question at what point is it still a car
> and has a legal 
> title? To actually sell a title (and a vin plate)
> without actually 
> getting a car sounds a little illegal. If a seller
> was to sell a title 
> I think the best thing to do is at least sell the
> fiberglass body and 
> dash to the same person. (These parts hold the vin
> tags).
> I don't think it is very economical to consider
> this unless you have 
> at least 1 parts car. Ask Dave Stragand what he
> spent not counting his 
> time and you will quickly see the economics don't
> make sense unless 
> the car is valuable in it's own right like it was a
> movie car or it 
> was owned by a celebrity.
> David Teitelbaum
> vin 10757
> 
> 
> --- In dmcnews@xxxxxxxxxxxxxxx, Bob Brandys
> <BobB@xxxx> wrote:
> > 
> > One thought that was not discussed regarding poor
> condition cars was 
> > what happens to the titles of the parted out cars.
> > 
> > Right now there are Deloreans that are being
> parted out because of 
> the 
> > value of the parts.
> > 
> > If the Delorean does evolve into a very desirable
> classic car like a 
> > camaro or mustang, titles from junked or "cut up"
> cars become 
> valuable.
> > 
> 
> 
> 
> 
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=====
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