This 1 thing put 2 Car Dealers in Jail! Was it a Scam or a Just a Mistake?
Вставка
- Опубліковано 5 жов 2024
- Selling a car without a title is a crime and police take it very seriously. In NH 2 Car Dealers were recently arrested for selling cars without titles. Here is what happened, Car Dealer Scams
If you're ever in a situation where someone is trying to take your car or money, don't let them get away with it! Make sure when you buy a car it comes with a title in the sellers name. Watch out for scams on Facebook Marketplace Why I dont accept Paypal or Venmo to sell cars
even Certified Cashiers checks can be forged so be careful and cover your butt
.
Follow our day to day @ / flying_wheels_
.
/ flyingwheelsinc
.
Support our channel, buy some Merch!
shop.spreadshi...
.
You can buy the products we use every day directly on our Amazon store right here!! www.amazon.com...
.
/ flyingwheels
.
Subscribe if you are interested in:
#autosales
#ScammerExposed
.
.
.
.
.
insurance Car Auction Buy Crashed Water Damage Flood Stolen Cars cheap for sale replacement Isues Dealer Only Auto Car Wholesale Public Auction License how to flip cars make money selling trucks without stradman doug demuro hoovies garage Flying Wheels used car dealer Can you title retitle a crashed insurance flood Car what is a reconstructed rebuilt salvage repaired title mean stolen
Caravana did this and sold alot of cars ahead of getting the title. So many consumers waiting months for the title or getting the wrong car/title. No one got arrested at Carvana. because you can't arrest a corporation.
Fun fact: Corporations are made up of people that are criminally responsible for said corporation. There's literally no such thing as a corporation without at least 1 human that is named as the responsible party.
Yeah my boss waited 3 months for his! He couldn't drive it for several weeks because of this!
yep what they did was even worse, some people didn't even get it in over a year
Actually Craig isn't smart enough to know what's going on.This isn't about title delays ,or just waiting on a title and selling the car first.This is about money not being be paid paid off. It's a Ponzi scheme in the works.
Not siding with Carvana ,but it's a different scenario
I heard that too, altho had no way to know the extent of what carvanna did
Odd that the state puts a deadline on dealers, but don’t put a deadline on banks, and don’t put a deadline on themselves for processing a title.
thats what he was trying to say, Ive thought for years the rules are discrimitnatory against dealers and auctions dont care about the delays.
Craig…I just found your channel. It’s refreshing to see an honest car dealership. Keep up the good work.
As a consumer, I'm not buying a used vehicle unless the seller can show me the title.
I learned that the hard way
Then you check it for a watermark to make sure its real. Check its even for that car, confirm no lien is on it, make sure whose name its in is the person selling and signing it over to you.
The auctions should mail titles overnight once the car is paid . No exceptions . Someone need to fix this asap . If Copart and IAAI can provide titles same day , so can all auction houses
It's funny how in some states you can shoplift, use drugs, or be a man and go pee in the little girls restroom and not get arrested or even confronted by the police.....
But in New Hampshire you can't be late transferring a car title.
You have to be a Democrat to do this things you talking about they have a different laws
Let me help you out, you have to be a Democrat to DO THESE things YOU'RE talking about. I take it that English isn't your primary language.
Man this guy loves to hear himself talk! Geez. I could have told that story in 2 mins
The 2nd car I ever sold was a Jk Jeep. I bought it on Floorplan. I was $2000 into recon, listed it for sale, and sold it within a week.
Paid off the floorplan, title absent. We have 60 days. It was literally day 46 before the title showed up. I was 💩 bricks!!!!
Putting people in jail booking them plastering their pic all over basically convicting off of an accusation is so Fucked up! Before one day to defend themselves their name is trashed and you NEVER get bail money nor reputation back!! ALL MISDEMEANOR CRIMES SHOULD BE PRIVATE UNTIL CONVICTION AT LEAST!
Don't ever buy a Nissan rogue, you have been warned, don't be dumb
Buy it if you plan to drive slow/block traffic and wobbly, buy it if you plan to deal drugs, buy it if you plan to drive drunk, buy it if you plan to always use a paper plate forever.....
HE DID IT FOR HIS BRO TOO
Cvt?
@@Nosurrender0you know it
I avoid most Nissans. Spotty quality.
You gotta visit the guys in prison, show support and bring them Mannheim weekly sales list 😢
Love the content! Always excited to see your channel pop up. Btw, what part of FL are you maybe moving to?
It sounds like your mug shot will be next 🤣
Craig that Kia is about to have a birthday on your lot😂
In NY, the owner holds the title not the bank. However there are leins listed on the title and a lein release is required. Im a mechanic at a new car dealer. I bought a clean 1 owner high mileage trade in. Had to wait over a month for a lien release because the bank he had it financed through doesn’t clear online and never sent him a lien release although it was payed off for 4 years. Same thing. Was told i cant buy it because the title with lien release had to be submitted within 10 days.
What a silly system, in the UK its done online with a logbook number , Free , or by post , cost of a stamp about $1
The UK is one entity. The US has 50 entities plus Canada.
@@aarons3695 Was the difference the taxes?
Also people get SCARED when they don't have the title.
Give them a color photocopy of the existing title that you are sending in.
That plus the bill of sale might make them feel better
Thank You Craig! I just bought a 1-owner, mint 04 Cayenne Turbo 94k miles from an elderly business owner for $20k !! Yes, I could’ve bought a cheaper, newer one but 1st Gen Turbos in this condition are rare. If it wasn’t for your Cayenne Turbo videos (both the recent one and 5 yr old one) I wouldn’t have considered it! I even did the 08 taillight mod u recommended ! You the man! This is a Beast!
What happened to the sall$ of the
Cor vet in Florida we never found out?
I bet they used a flooring company and never paid them back when they sold it
Private party title jumping is a huge issue.
Unsuspecting buyers can potentially be purchasing a vehicle from someone who is not authorized to sell it.
Say the actual owner is out of town, in the hospital etc, upon their return they contact law enforcement about a "stolen vehicle".
Now the new owner is in a lot of trouble.
I've never bought a title jumped vehicle.
The fact that NH troopers hate window tint, I love NH but not much "live free or die" with that law....
Interesting perspective, got me thinking!
So to solve this can you just ship out title day of delivery once deals finalized and you have a stock number in a lock box or something each time.
Towards the end, totally agree Craig. Annoying you're at the mercy of others not doing their job. I waited a year for a title when I just wanted to sell my car. Due to government, police and registry incompetence I lost a lot of time and money out of the process
they closed up way before he got arrested,
As a dealer don't fix anything T/A until you get a title.
I don't know how NH is but, when I did Finance in Illinois we had the Illinois Secretary of State Police. All they did was drive to dealers and do Tax Form and Temp Tag Audits. It was a fine if they weren't voided properly or you couldn't account for them. They would also go to customers' houses and pay a visit if they wouldn't produce a title within I think 60 days. The one that was for our district was a total 10 so, I never minded her stopping by!
A crooked car dealer ? You gotta be kidding-I thought they were all outstanding citizens🤣🤣🤣🤣🤣🤣🤣🤣
Thanks Carvana!
Prayers and peace.
Part of business really should know better know better than to sell a car with out a title.
A lot of "but here, pay here" dealerships illegally sell a car, never put the title in the buyers name with them as a lien holder. Instead, they just hold the title so if they repo it, they don't have to do any paperwork.
The State determines who keeps the title on a financed car (until it is paid off).
They knew what they were doing was wrong. They have no excuses. I don’t feel sorry for them at all.
How do you know this? This could be an era
If the bank offers the ability to overnight that title, pay for it!! Some banks just drop the title in the us mail, which can get lost in the mail, no tracking.
I knew some things but didn’t know that much. Thanks!
Wow. Does this process open to many flaws. Not counting the carrying costs before even selling. Very scary.
JTS Auto and Iselltrux
Both these dealers are scumbags. Just look at there business reviews. Shady business practices for months well before they were arrested.
This happened to me twice in the last few years. I bought a used Toyota Tacoma from a dealer in Austin, TX about 3 yrs ago. It took about 3 months to get title and that was after I complained to the state. Dealer claimed title was held up by the auction. The 2nd time was buying a new jeep from a dealer in Castle Rock, CO. They had the jeep transferred from another dealer in the state. They claimed the other dealer lost the title and the had to get a new one issued. Both times, the dealers kept issuing new paper tags each time they expired even tho state law says it’s illegal to issue additional paper tags. I would’ve enjoyed seeing someone arrested but I guess TX and CO don’t do that
As a teenager my dad had to legally buy my first several cars, title in his name, and then sign to me and I had to pay a second fee. Ugh
You didn't blur the first dealership name though you didn't say it..
U.S. used car dealers are under such scrutiny and insane restrictions, some needed but some are completely insane!!
Really TOO much MORE than I wanted to know.
Another reason to move to FL you can sell a car without having the title. Customer signs a POA and when you get the title from auction or whatever you have 30days after the sale to submit the title work.
Hmm, never heard that ? Is that something new ?
@@raygunn1083 not sure if its new, but im a new dealer in Florida and if you sell a car that on floor or title is still absent at auction you can still sell the car and have the customer sign a power of attorney so when you do get the title your dealer agent can sign the title on their behalf.
As a matter of fact if you hand over the title of your car that is,still in your name and he gets in an accident....guess who's still liable for that vehicle ? Not sure how it works for a dealer but it goes for private owners.
@@raygunn1083 i wasnt referring to private party. Just dealer
Right..Kansas has 60 days to give title
Take a drink 🍸 every time he says title..
My lot always passed inspection other than maybe faded ink on a price sticker from the car sitting too long. Craig is awesome, but I wish he would have spent more time explaining why this law exists. The reason the State takes the absence of titles seriously is because if a dealership takes a customer's money and doesn't give them a title, then the dealer has not conveyed ownership to that customer. Without a title, the car (which the customer just traded a lot of their money for) is worthless to the customer. That is basic consumer fraud. I can tell you from experience that customers were very attracted to the cars I had marked, "Not ready for Sale" (if I did not have a title). I'm sure Craig knows exactly what I'm talking about, regarding that. People want to buy what they cannot have.
20 year old cars changing hands in Connecticut do not require a title...a lot of older cars here change hands with only a bill of Sale, and the State does NOT issue a new one.
In Texas it is against the law to "skip title". A dealer must title a vehicle in order to sell it. I know because I was involved in this process just 54 weeks ago.
That makes alot of sense and I know of atleast one of the dealers on there. Last year I bought an Impala to fix up from a dealer in Manchester, NH and they told me the title would mailed out and be there in a week. A week went by and no title. I had one of the managers contact me through email following up. Let him know everything went well overall but still didn't have the title yet. The car was drivable at that time so I was playing the hurry up and wait game. He was cool and got it overnighted to me the next day. I'll admit I would have been rather pissed if I got everything fixed and waited on the title. I can see the mistakes but it would be wrecking with peoples livelihoods.
You are smart, no title, the car isn't for sale. Be servicing the cars as the tiles are coming to you.
I'm a Dealer and I always flip the titles to my dealership before I retail any vehicles. Wholesale is a different story I just reassign them.
I know dealers that would use monies that was supposed to be used for title transfer for other things and at times they would go beyond the allotted days given to transfer title.
Why was I unsubscribed? I just had to resubscribe
In my opinion, title jumping is the root of the problem here. Craig waves it off as a common practice, and dealers may legally title jump in some states, but it’s a crime everywhere if an individual does it. If dealers didn’t jump titles as a standard operating procedure, there would never be a reason to bust a state title transfer deadline. I won’t buy a car with an open title - I assume all the risk as a buyer.
Where I live I can go and buy a car and own it at the same day, just some mouse clicking and typing on the computer from the dealership or private person required.
The massive hassle to just buy a car in the USA is amazing. But most of USA is paper driven. In 15-20 years it will probably be digital.
It's called Jumping titles! This has been going on for many decades where you buy a vehicle from XYZ and have them leave the title open by just signing in the seller name and leaving rest of the title blank. In N.H., Arizona and a few other states where there is no sale tax is not as big of a deal to do this correctly by signing the title over to an individual having them get a new title in there name, ect for less then $100.00. Otherwise this could cost you in lets say Massachusetts or any other state that has sales tax for the same vehicle over several thousand $ where you have to pay sale tax only to get a new title in your name to resell.
Anyone on the first 5 vehicles can do this then the state will require you to apply for a use car dealer license, dealers Insurance coverage, a Surety Bond where it varies from state to state as to the amount needed in your state. There other expenses in getting a Use Dealers Tag to buy and sell as many vehicles you want to sell in a year.
That red Titan has been in the background for many videos. How long have you had it?
Why doesn’t it sell?
Its a Nissan Titan.
They're actually decent work trucks. Had an 2005 for 4 years, commuted daily, put 60k miles on it and it never left me stranded. Still sold it for what I bought it for. More American parts in that truck than the big 3 😂
Just cause you got lucky dont mean everyone else did. @hg2blackcat411
@robertromero8094 I've had two of them, one I still have. Both of them have been fantastic. The current is a tow rig, when it gets used, it's getting USED.
@Chad_Thundercock_ good for you I had multiple friends with one that had many major problems. One had a leak in the seal for the transmission. They don't sell just the seal had to buy a whole new transmission for a simple issue. Lucky you friend
good, about time the government does something to help the people from scumbags.
I lived in Chicago Illinois. And the state allows 6 months to provide a title. Then they can get a extension from the state to add another 6 months. So yeah a year you have to wait for a title sometimes. So 12% for city and state tax. On top of what you need 😂.
This is (from what I heard) what Carvana has been guilty of doing!!
Is it possible that this is why Florida now has "electronic" titles, so the paperwork problems are avoided ?
You are, without doubt, the master of the "word salad"!
Eeeww!! Who puts those rims on a Humvee? That's like exactly the opposite of what anyone in their right mind would want on a truck like that 😆🤣
Dealers playing the float of money
Carvana notorious for this. Fact
If you're not supposed to sell a car before having the title, maybe the cops shouldn't be doing a victory lap, with mugshots, until they have a conviction.
very informative video Craig. YOU RULE!
I think the state has too much time on its hands I mean did these dealers go over by one day over 10 or 30 days over ! Come on New Hampshire why arrest someone for a simple infraction?
Because the consumer has just spent thousands of dollars on a car they don't own and can't legally register/drive
Stop breaking the law. Pretty simple
I got screwed by a Dealer that was suspended and he wholesaled a 2012 Impala to me and NJ won't issue me a title. As I said I'm a Dealer and the mvc hates used car dealers on the other hand New car dealers can do anything they want and they don't care.
Your videos are really interesting. This one was not. When I buy a car I insist on getting the title as soon as possible.
Misdemeanors are typically cute and release. As for business name. You can easily hide behind an llc. There’s so many cracks
Only dealer I love flying wheels.
hi from Australia watched your Corvet scam video you had the evidence corrupt Chase Bank would not accept giving them a scam rap as well
On vehicles with liens, get a lien release letter and apply for a duplicate
Hi Craig of Flying Wheels all that you explained about the title issue are what you should be asking the Troopers about to get a clear answer from them because i see how it can hamper you from sales and then put you in trouble with the said law that does not take in account the delays in the issuing of titles if for any reason it goes against normal operations i have learnt a lot looking at your show keep up the good work
Just buy some Not For Sale placards and put them on the inside windshield until the title comes in.
If you have to have the title on site for every unit in inventory, how does that work for the guys who use floor plans?
Great video, adds some good context to the story.
I just paid cash for a 2018 Silverado LT Z71 crew cab. The dealer took a loss on it as he had it for over 8 months. He showed me what he paid for it and then he paid to transport it from VA to PA so it has no rust. kind of high miles. 148k miles. New transmission on carfax at 110k, new oil pump at 140k. I got it for 15k cash plus tax, tags, transfer. and the dealer paid like almost 18k for it plus transporting it to PA. It looks like that white one you have there but yours looks like a double cab.
I remember from prior videos you guys are talking about how cars need to be inspected and you guys have to sell cars cheap without inspections. In Iowa we don’t have to deal with that a lot of these cars at auctions and your videos. In Iowa they would be ready to run for several miles we use rust as weight reduction also I want to add that many of the car crashes in our state are not because the car was mechanically deficient it’s driver error
Part two ,,,, please don't move ,,,,, I promise you that you will miss the seasons,,,, and I know ,,,, just cause I live in Puerto Rico after living between Massachusetts and western New York forever and now Puerto Rico ,,,, don't get me wrong ,,, I love living here in Puerto Rico,, but I freaking miss the seasons like crazy ,,, just think about it .
Great work . I presume when managing your stock you place a self imposed cap on cars without title eg 10% of total stock so you manage your risk.
Are You Just Getting the Competition Arrested? Is this a new Business plan?
Florida seems like a good state to deal cars nice weather all the time and 30 days so +20 days over NH to get the title to the customer.
Dude ,,, I love your channel,, and I've been a fan for three years or more ,,, just love it cause,,,, you guys are just close to my heart ,,,, I'll explain,,,,,,, I am born in Methuen and raised in Lawrence and I just heard that you wanna leave new Hampshire,,,, wich is my favorite state ever since I've experienced it ,,,,, now I'm disappointed to hear that you wanna leave ,,,??? , are you sure you wanna leave the seasons ,,? Which for me is the best thing ,,,,,,, on whoever can experience it ? For humid hot Florida ?
#1 don’t do any prep until you receive title #2 pass a law that banks must send title within the 10 day that is required or fine the bank
Well, theres rules and ppl gotta follow em! My boss waited 3 months for his from Carvana. Why they not arrest them lol? He couldnt even legally drive it for like a month.
Not much sympathy here. I'm 80 and I've owned about 60 autos in my life time, the majority used when bought. I bought one car from a used car dealer early on who severely screwed me so I never bought another one from a used car dealer.
Maybe it's time to let that go. Not everyone is a crook. I'd trust a dealer before an individual.
Private party only and long time owner not a flipper. It's much easier to get a deal from someone that doesn't want something anymore that from someone selling specifically to make a profit!
I never had a dealer do this it would be great to hear there side of this 😊
@@carlgruver695 The car was a 69 SS 396 Chevelle bought in 1974. It looked great and the price was full retail or higher. It ran great too or appeared to. A valve was clicking a little but that engine had adjustable rocker arms so I wasn't too concerned about that. This was in NC where cars don't rust. After buying it I tried to adjust the clicking valve and found out that a camshaft lobe was worn off almost completely, the lifter was worn into the fluid chamber and it was working as a solid lifter. The car was from Maryland and had serious rust issues underneath. The dealer would not help at all on the expense of the camshaft and lifters replacement. So yeah I got cheated. I have bought several used cars from new car dealers and got ripped off once. I have had good luck buying from individuals.
@@carlgruver695 You must be a dealer. I explained the cheat and it got deleted.
Don't you have 30 day temporary tags that allow you to sell the vehicle & the customer takes possession while the title application is being processed?
How can you reassign a title without collecting sales tax??? That's illegal in Florida!!!
How can an auction sell something without a title?
How can you not know which vehicles have titles, etc ?
Each vehicle is a PROFIT CENTER
Profit Center: A unit of an organization that generates both revenue and expenses. Its goal is to have revenue exceed expenses.
You have a folder that lives with each vehicle (PROFIT CENTER)
It contains a summary of where it came from and its cost (expense)
It contains a summary of everything tha touches the vehicle - parts, labor, time spent on it, marketing cost, ads, etc (expense)
It contains a photocopy of every person that has test driven it
It contains the title
Treat it like the military
NOTHING TOUCHES THE VEHICLE UNLESS IT IS LOGGED
25 vehicles = 25 folders
Every vehicle is also listed in a spreadsheet, specifically to track titles
Vehicles without titles have a YELLOW background and are sorted to appear at the top to make it easy to follow up on any problems
Vehicles with titles in house have a GREEN background
Vehicles without titles have a tiny YELLOW sticker on the windshield
Vehicles with titles have a tiny GREEN sticker on the windshield
A box of folders and 1 spreadsheet.
I saw your previous money video. You already know this.
Please explain
This type of stuff dont just sneak up on you.. the car dealer knew what they where doing!!!
10 Days is stupid. We have 30 in Idaho. What happens if you have it floored? Why aren't the banks held to the same standards as well when handling titles. If a dealer gets in trouble for not having a title a bank should as well for holding it for an excessive amount of time.
Thanks for sharing!
I traded in a car with a balance the dealer was to pay off. Well he screwed up and forgot to pay it off and my former lender put me out for collections because the payments were missed. It messed up my credit rating for six months until I threatened to Sue the dealer who then called the credit bureau to get it straightened out. Oh by the way he sold the car with out a title a got a large fine from the state. Lesson here ,make sure you check that dealer really pays off old loan!
Great video, good information
Since when is this an arrest able offense?
What happens if all your titles are lost or stolen? Does this require a lot of forgeries to replace them?
The car dealer probably sold the car without paying it off floor plan
Craig what are you still doing in New Hampshire - RUN! You can be next 😁
Floorplan default possibly? Took customer cash didn't pay the Floorplan company off on said vehicle to obtain the title