A thought for those who have sold a boat
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A thought for those who have sold a boat

  1. #1
    Future GN Racer! fdlock890's Avatar
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    Default A thought for those who have sold a boat

    Hello all, I thought I would pass this info on to all of you. In 2006 I sold a 1979 Kachina to a guy so I could finish my Aftershock project. Well last week I get a letter from a collection company saying that the boat and trailer had been sold at auction, however I owe the tow company $2650.00 dollars for the tow and storage. I have a copy of the bill of sale, and the title where I signed off, but the guy never registered the boat in his name, so I am now responsible for the money owed. I sent them copies of what I had, and they are "looking into it", but it is looking like they are still going to try and get the $$$ from me. Just a thought for those of you that have sold a boat, or are currently trying to sale a boat. Hope this will help out someone.
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    RvRrat
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    Quote Originally Posted by fdlock890 View Post
    Hello all, I thought I would pass this info on to all of you. In 2006 I sold a 1979 Kachina to a guy so I could finish my Aftershock project. Well last week I get a letter from a collection company saying that the boat and trailer had been sold at auction, however I owe the tow company $2650.00 dollars for the tow and storage. I have a copy of the bill of sale, and the title where I signed off, but the guy never registered the boat in his name, so I am now responsible for the money owed. I sent them copies of what I had, and they are "looking into it", but it is looking like they are still going to try and get the $$$ from me. Just a thought for those of you that have sold a boat, or are currently trying to sale a boat. Hope this will help out someone.
    Lock
    exactly why you're supposed to fill out and mail in that DMV release form. At least in Ca. anyway.

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    they are just a towing company or bill collection company trying to scare you into paying. Or they want to keep it for auction. Blow them off. If they send it to collection, have your attorney write them a letter, that you
    re going to sue them, they'll leave you alone. Had the same thing happen to me. Pat

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    Future GN Racer! fdlock890's Avatar
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    Quote Originally Posted by Wicked Performance Boats View Post
    they are just a towing company or bill collection company trying to scare you into paying. Or they want to keep it for auction. Blow them off. If they send it to collection, have your attorney write them a letter, that you
    re going to sue them, they'll leave you alone. Had the same thing happen to me. Pat
    Thanks Pat, I am still wanting to stop in and see you.
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    Senior Member ol guy's Avatar
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    Quote Originally Posted by RvRrat View Post
    exactly why you're supposed to fill out and mail in that DMV release form. At least in Ca. anyway.
    ALSO make a copy of all paper work!!!!! Dmv never misplaces paperwork

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    Senior Member milkmoney's Avatar
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    ya i sold a boat back in july and just got the renew reg for next year, beacuse people like to buy and sell so fast that they dont reg. them and when the 3rd party gets around to it it takes forever to get the paperwork processed. luck for me i sent my info in and no liability on me..

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    Senior Member NiceGuyEddie's Avatar
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    Quote Originally Posted by Wicked Performance Boats View Post
    they are just a towing company or bill collection company trying to scare you into paying. Or they want to keep it for auction. Blow them off. If they send it to collection, have your attorney write them a letter, that you
    re going to sue them, they'll leave you alone. Had the same thing happen to me. Pat



    Same thing happend to me when I sold a Chevy Silverado about 3 years ago. I did exactly what you said.

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    Senior Member GAWnCA's Avatar
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    Quote Originally Posted by ol guy View Post
    ALSO make a copy of all paper work!!!!! Dmv never misplaces paperwork
    LMAO!!! Yeah and Pigs really do know how to fly!
    Wags

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    MLC - Mid Life Crisis probablecause's Avatar
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    CA DMV and the word "competency" don't mix. CA charges the highest for vehicle fees, has the most vehicles registered than any other state, and we are still broke. Plus, look at the idiots at the front counter.

    Just my opinion, but maybe it's time for the government to take down the bird feeder!


    Quote Originally Posted by Rexone;
    Try to ignore the haters, they are everywhere, just as in life.
    Quote Originally Posted by Pronstar;
    Liberalism: Logic's retarded cousin.


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    Senior Member GAWnCA's Avatar
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    Quote Originally Posted by probablecause View Post
    CA DMV and the word "competency" don't mix, look at the idiots at the front counter.
    They are just one step away from going back on the welfare rolls. Maybe that's what they are hoping for and Arnold will lay them off and they'll be first in line. Hmm, being a state worker they may already have their names in the system ready to push the button.
    Wags

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    Quote Originally Posted by fdlock890 View Post
    Thanks Pat, I am still wanting to stop in and see you.
    Lock
    Lock, Business is slow but come by and we'll have a beer anyway. Pat

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    Amber Racing Services BUSBY's Avatar
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    Your responsibility to turn in the release of liability to the DMV like RvRrat said.

    Another thing to think about (at least in CA) is if you have the boat stored at your house, the tax assessor will add fees onto your property taxes. The DMV reports to them and they will send you a bill. Not much, but still another reason.

    Last but not least ... heaven forbid that the new owners take the boat out, start drinking and hit & kill someone along with themselves. If you haven't legally released yourself from liability ... you're going to have to (at the very least) explain the situation and try to convince the courts that it wasn't yours.

    I hope it works out for you. Pain in the ass when buyers don't do what they're supposed to do.

  15. #13
    mo balls than $cents$ IMPATIENT 1's Avatar
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    if the boat is worth the 2650.00, go get it back, sell it for 5k and make profit appearently the new owner doesn't give a shit.

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    Future GN Racer! fdlock890's Avatar
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    I sold the hull minus jet and engine for $1500.00, and I have no idea of the condition now. Thanks for all of your imput everyone. I think I am going to take the F#@K off approach.
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