i'm about to buy a car and it's got a clean title ,former recovery theft?
tha price is great but what are the consequences?
Thank you so much!!!!

you would want to resell, new buyer may not want such title. Usually though, what happes is that this car was stolen, Ins Co recovered and sold it. Whoever bought it, put it back together. As long as it has passed DMV inspection (now this is how it works in NY) it is good to go. Make sure it is road worthy before putting down your deposit.

it's probably a rebuilt title. I'd skip it.

Usually a car with a salvage or theft recovery is gonna sell much cheaper. Trouble is when you go to sell it will have a salvage title and most likely you will have to take less for it!


Smokie

the owner sais it's in perfect conditions
without any mechanical problems ,it had the engine and tranny changed fom another car with 65k miles on...perfect inside perfect outside...
on top of this i get free shipping.....it's located 5 driving hours away...
Anything other from the low resale price that i should be concerned about?
As far as i see it it's a keeper, i wouldn't want to sell it further...
Is it more expensive to insure?
I really want this car ...should i go for it?
Thanks everybody for your help, i really apreciate it!!!

The first thing that sent up a flag for me was, that a car w/ average miles was sold @ an auto auction,in new york and then brought all the way to Min to retitle? Let me inform you of a little trick that some shadey dealers and car thiefs use.(that I unfortunately picked up when I was a youger man) First, I should ask you where you live. This is important because what happens quite often is a person or buisness will buy a car @ auction w/ a salvage only title or theft recovery title. They will take the paperwork to a nearby state that isn't a member of the DMV's interstate compact, and will reregister the automobile and obtain a clear title. (in effect washing the paperwork)Iowa used to be a hotbed for this. Your location is a factor because usually only the paperwork is taken to the new state. Most of the thiefs would in effect just buy a twisted up frame at an insurance auction and remove all vins seatbelts and the other **** that Identifies the year get a model a couple of years newer with the same body style and then replace all of the **** on the nice stolen low milage one. I would doubt this would apply to you since it seems the car was registered in Min for a good period of time. However, the question you really want to ask yourself is, why would a 2 1/2 Y.O. car with average miles be sold @ an Auction to begin with? And then why would someone go through the expense of bringing it all the way to Min to retitle it. Just seems kind of off. Now my opinion of what you should do,is a little differant. If you like the car and the price is that good. Pay the $100-$150 and have it gone over w/ a fine toothed comb by a reputable mech. If it checks out, who cares what the previous history is. Bottom line regardless of title history you can not be planning on resale. I mean it's a 30 something hundred dollar car. Not like it's a 2004 A8. In life you always get what you pay for, so look close. It sounds like a really smoking deal, but why hasn't it already sold. Did you check the lot out though the BBB and AG? Just use common sense and understand that since it's a 1998 A6 and the price is that low, there has to be a reason why. It just comes down to whether your willing to live with it. Personally, a car is the biggest liability any of us will ever own. Therefore as long as it was mechanically o.k., I could care less about title history and mileage.
Good Luck

Event Date Event Location Odometer Reading Data Source Event Detail

06/30/1994 EASTERN REGION 6,327 Auto Auction REPORTED AT AUTO AUCTION

08/09/1994 NY Independent Source INDEPENDENT INSPECTION

10/21/1994 ROCHESTER, NY 6,431 Motor Vehicle Dept. ODOMETER READING FROM DMV

06/17/1997 BUFFALO, NY Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

06/21/1997 ROCHESTER, NY Motor Vehicle Dept. TITLE (Lien Reported)

07/30/1997 ROCHESTER, NY Motor Vehicle Dept. TITLE (Lien Reported)

09/02/1997 BUFFALO, NY 48,834 Motor Vehicle Dept. TITLE

09/15/1997 BUFFALO, NY Motor Vehicle Dept. TITLE

07/19/1999 BUFFALO, NY Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

08/24/2001 BUFFALO, NY Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

07/07/2003 BUFFALO, NY Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

05/17/2004 NY 111,093 Auto Auction REPORTED AT AUTO AUCTION

05/18/2004 NY 111,093 Auto Auction REPORTED AT AUTO AUCTION AS DEALER VEHICLE

08/18/2005 CHELTENHAM, MD 110,059 Motor Vehicle Dept. TITLE (Title #:35941343)

The only thing that looks troubling on yours is that when it had 6K miles on it it was sold @ Auction. If it was a stolen recovery, this is not rare. You see an insurance company will take between 30 and 90 days to pay you for a stolen car. The reason is, in case it is recovered. The method of thinking is that after 30+ days if the vehicle is not recovered. Odds are it was a pro instead of just some joyrider. Since Ins. Co's arent in the buisness of auto sales, these cars will always end up @ auctions. Md is fairly close so I wouldn't worry too much. The reason for the stolen/ rec title is simply a measure taken so the ins co's dont have to pay for taxes and tranfer fees, titles etc.. When one of these cars is sold retail it will either have a salvage title or a clean one. You will never see theft rec printed on your title

A bank repo

A government seizure (FBI, DEA, IRS, etc)

OR

An estate liquidation