Buying a parts car
 

I found a parts car I wanna buy, for $300 bucks. What do I need to do with insurance (if anbything) and transferring titles? Do they give you a break if it's just a aprts car? It still runs, but has a strut that came through the body.I dont wanna buy it for $300, then spend another $300 getting it into my name, then strip it and send it to the junkers.

Do I need anything particular to get a 10 day to get it back to my house?

you can flip it into your name unfit and pay only sales tax, if the wholesale value is higher than what you paid for the car you can either pay the tax based on wholesale or pay for an appraisal at a used car lot.

once the car is unfit you have to tow it everywhere,

good luck:headbang:

Is there a way to get a 10 day, to get it to my house, then have it registered as unfit? I only need to get it to my house, then it wont move until it goes to the junkyard.

Sure. Tow it.

Don't like the cost of a tow? Drive it. But without insurance you can't get legally plates, and the fine for that if you get caught starts at $5,000.

Rent a two-wheel car dolly for $40 or a 4-wheels-off car hauler for $50 from U-haul and tow it yourself.

you can get only 1 ten day pass to get it home (or to a shop) and then register it under your name. Your current insurance will cover the car while you bring it home so no need to get insurance on it (you might want to call your broker & make sure though). As for insurance while you're stripping it, I wouldn't even bother. I'd do what those old muscle car guys do...For a parts car just keep the ownership signed over by the previous owner, don't even register it under your name or put insurance on it (save the money), take what you need from it and then scrap the car...

You can't get a 10-day pass on the car if it is unfit. From the description of the car, I would be surprised if it is considered fit.

Regarding the insurance, if the vehicle is still in the other person's name, your insurance will not cover liablity if something goes wrong on the way home. For your inusrance to cover it, you must first transfer ownership. If you don't, and the current owner has no insurance on it, you could be looking at a drive without insurance charge if you are stopped.

IF the Strut is through the body you shouldn't be driving it anways. :dunno:

I'd dolly it home (u-haul dolly) then strip it.

Don't bother putting it in your name if its going to be kept on your OWN private property (not at an apt building).

Just keep the Signed ownership. That's all you need to sell it to the wreakers.

Have fun.

Can anyone confirm this? This is exactly what I was looking for. it will be on private property, then sent to the wreckers whewn I am done.

We used to tow our "junk" home with a rope and "car-in-tow" sign. Is this no longer legal??

As I said, check with your broker...I've done this many times and have been covered by my insurance. Just did it last in October with a mustang...I just have to have the signed ownership and bill of sale from the UVIP.

If the car is currently unfit that's right...You won't get the 10 day permit, but if it was taken off the road by the owner and still currently listed as fit you can get the 10 day permit.

Charlie (and myself) are right...you don't have to put the car under your name if it's parked.

Towing a car by rope isn't legal...

Towing a fit and registered car with a rope is not illegal, to a point. You can use a rope for emergency towing. When you do the same with a car that is not currently licensed or insured, things get a lot dicier.

Unless a car is "securely" fastened to a tow vehicle by means of rigid tow bar or other secure means of attachment, then the towed vehicle is not covered by the insurance of the tow vehicle while on the road.

A rope doesn't qualify. Using a rope to tow an unregistered and/or uninsured vehicle can result in charges of no registration and/or no insurance. The car on the rope has its own "driver", it has braking and steering independent of the tow vehicle, and the tow attachment is not secure.

Regarding "parked cars", under the HTA, you must transfer ownership even if you plan to park and strip the car. There is no exemption for parts cars. Whether or not you'll get caught is another thing, but I do know of people getting caught/ticketed/convicted/fined.

Remember that liability for the car remains not only with the person possessing the car, but also with the registered owner EVEN IF that owner has signed away the ownership. Until that signed ownership is surrendered to an MTO office for ownership transfer, that vehicle is still legally owned by the registered owner. With the current insurance and liability climate, a number of people selling cars privately are themselves notifying the MTO when they sell their cars.

Holy!! GW and I agree on something!! LOL

It's been a very long time, but I thought my broker said I was covered as long as the "tow'er" was covered. I'll be sure to check with my Insurance company for clarification before "ropin' it" again ;)

Attachments required when vehicle drawn on highway

80. (1) No motor vehicle, other than a motor vehicle in which there is a person licensed to drive a motor vehicle on a highway, trailer or other object or device shall be drawn by a motor vehicle or farm tractor on a highway unless there are two separate means of attachment so constructed and attached that the failure of one such means will not permit the motor vehicle, trailer, object or device being drawn to become detached; but this section does not apply to a trailer, object or device attached or coupled to the towing vehicle by means of a fifth wheel attachment or to a trailer or other object or device when drawn directly across a highway by a farm tractor. R.S.O. 1990, c. H.8, s. 80.

That's pretty obvious...It's not your car until it's legally listed under your name.
If I remember correctly I think you have 6 days to register ownership of a car after purchase. Parked or not.
Personally, I've never registered a parts car....In 10 years I've built 4 cars and probably used more than 6 cars for parts and I've never been caught. I used to live in the hood though...The cops had better things to do than walk up my driveway & make sure the car in my garage was registered to my name...lol
Either way...I think it's only $20 to register the car so if you're scared of getting caught then register it...

Apparantly he has changed his mind and might part the car out. Argh. We'll see if I can get it fromo him..

to get a trop permit all you need is proof that you bought the car and an insurance policy number. if you have a policy on another car that is all you will need to put to get the trip permit and be able to drive it home and strip it. and just an fyi there are ways of getting more than one trip permit