New rule about junk vehicles at my yard apparently.

Was at my yard the other day, and saw a tow truck bring in a car. Asked the guy, what kind of work they did. He said, "junk vehicles"....out of curiousity (even though I know the answer), I asked him what do they do with the vehicles, because I see all the signs saying $300+ for a junk vehicle but scrap is no where near that.



Of course he got a ****ty attitude. I knew what they did, but wanted to see what they would say.

Then we got on the verge of titles.

So I talked to the guys in the office, and they told me that all vehicles MUST have a title to accept it. I asked them when did that take place, because almost 2 years ago, I was bring in junk cars all the time doing foreclosures, and we just did a Bill of Sale. They claim that it has always been like that, but I know differently.

Anyway, on Tuesday I am going to call one of the higher ups that I know, and ask her what is going on. I found out the information recently about foreclosure clean outs, and will be pursuing it very soon once I get a few loose ends taken care of, and the junk vehicles that will be coming from the properties have no titles obviously.

The bank, or whoever owns the property have always done the property paperwork with DMV etc, and all I have ever done was a Bill of Sale, and cash in!

Originally Posted by Bear

Not sure exactly when, within the last year or so, a sign on the window of a local yard here went from "title required on all vehicles after 1992"(i think maybe it was 92) to a sign that now says "title required on ALL vehicles"

My guess is that to many people are stealing them or something. Then they crush them before anyone realizes to check the yards, and then the scrap yards are probably being sued for accepting them.

I have nothing against titles or anything, but when you do foreclosures, there is no titles for the vehicles, so since yards are requiring titles, then you know all the junk vehicle guys are, so that is where I am at with, what the hell am I going to do with the foreclosure vehicles?

The property preservation companies have to going through a process with DMV before being allowed to call/contract anyone to pick up vehicles, boats, rv's, anything registered with DMV. Once that process is done which gives them a right to ownership, they are allowed to do with it, what they please.

Just like if someone leaves a vehicle at my father in law's body shop for 31 days or more, he just has to go to DMV and file some paperwork and then he owns it.

All I have had to do in the past, was do a bill of sale on foreclosure vehicles, and have the individual contracting me, sign the document. Now it seems without a title, everyone is getting screwed.

We actually have a great thread going on in the "Members Section" about this George. Maybe you could tap into some of the Petty Cash from the investment company check it out.

Originally Posted by KzScrapper

We actually have a great thread going on in the "Members Section" about this George. Maybe you could tap into some of the Petty Cash from the investment company check it out.

Or he could just send them to me

KZ got jokes,

Bear, I can assure you that there is no bashing of anyone in the scrap room.
I joined the scrap room as a way of saying thanks to admin and the mods for keeping this site going.

as far as the 300 + it can be done, I do it all the time on volume sales, last week I bought 13 from one wreckerservice for 300 apiece and had to pony up an extra 100 for a chevy 2500 for a total of 4000. you make a little and so do they its a win win

Sorry Bear, didn't mean to insult you. To be honest I never really even pay attention to who is a scrap room member and who's not. I just figure with all of George's listed credentials, he might want to take it into consideration.

No apology needed Bear...I really just consider myself a peon in the whole world of scrapping and feel fortunate that I'm able to get enough to make ends meet.

Originally Posted by Bear

My apologies to you too Kz, I actually wish I hadn't responded to that. I do realize you are one of a select bunch who will give the time of day to us little people ; )

I know I don't consider anyone "little people". I didn't ask for the tags hanging under my name,,,
I'm here to try and help people with info.

So now that we're all friends again... :-)

Happy Memorial Day everybody!

you also john