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  1. #1
    Join Date
    Mar 2007
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    2

    Unhappy Who Owns A Car When Title Transfer Isn't Complete

    A car was sold and the buyer only paid 1/2 down with a written agreement to pay the other 1/2 in 30 days. The title and insurance have not been switched into their name yet and I still have the original title, unsigned. Who is the legal owner of this car. We are in Arizona.

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    73,014

    Default Re: Who owns this car?

    The seller has legal title. The buyer probably has equitable title.

    The seller should make sure that the title is properly transferred. It's not wise to let a random car buyer drive a car you're legally responsible to register and insure.

  3. #3
    Join Date
    Mar 2007
    Posts
    2

    Default Re: Who Owns A Car When Title Transfer Isn't Complete

    The buyer signed an agreement to purchase the car and after 7 days and them completing work on the car, they left it at a gas station, not in running condition and said they want their money back. The mechanic I had look at the car said the items in need of repair were not items that mechanically fail at the same time but would not go so far to say it was from being tampered with. I have the car, the title, the key and have to pay $400 to get it in running condition again. Am I still liable for the repairs on this car or are they since it was signed to them and they had it in their posession? After all of this, I would be happy to give them their money back and keep the car - I see any future issue causing me trouble.

  4. #4
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    73,014

    Default Re: Who Owns A Car When Title Transfer Isn't Complete

    The approach I would take if I were you? Take the car back, get a statement from the mechanic that your friend caused the damage, repair it, and refund any money left over. If your friend wants more than that, your friend can sue you in small claims court.

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