If you’re going to sue an auto dealer for selling you a car without a title, you better make sure you’ve got plenty more money in reserve because chances are you’ll lose.
You may think you have a case, but chances are you won’t win any court proceedings because dealerships rarely give out titles in Texas. If you bought a vehicle in another state and brought it back to Texas, there would likely be nothing wrong with what you’ve done.
But, dealerships are required to hold onto your title until you pay them off. So while you might be able to go after them for fraud or misrepresentation, you’re probably not going to find much sympathy in court unless you can show that these dealerships promised a title when they knew full well they wouldn’t provide one, which makes the whole situation a violation of consumer protection laws.
The best way to avoid this problem is to buy your vehicles directly from the manufacturer instead of negotiating with a third party. This will ensure you get exactly what you paid for and won’t run into problems later on.
Car Dealership in Texas
The whole point of a dealership is to make money by selling cars. So how do you do that without knowing exactly what buyers want?
Well, you become an expert in selling cars quickly. This means figuring out which car dealerships consider the most important.
The key to successful marketing is to find the sweet spot between two extremes. One extreme is to go for big numbers. That is, they sell more cars per month than any other dealer.
But when you do that, you inevitably lose quality customers because there aren’t enough cars for everyone, and the competition keeps improving.
The other extreme is to focus on just one customer group. But then you’ll miss out on many potential businesses because those groups tend to be minor and may not buy the same types of vehicles as your average buyer.
The middle ground is somewhere in the middle. Find where your average buyer lives and makes them feel special. Figure out what kind of vehicle he wants and make sure yours is in stock.
Remember, once you’ve convinced someone that you are the best choice, they won’t bother shopping elsewhere.
Title in different states
Title transfer laws vary between states, so be prepared to ask what type of title you need in your state. If you have difficulty determining what type of title you require, contact an attorney to assist.
The law regarding vehicle ownership varies widely throughout the country. Laws vary based on where the car was purchased and how long the vehicle has been owned.
There are two types of titles required when purchasing a vehicle; a lienholder (often referred to as a security interest) title and a registered owner title.
A lienholder title gives the secured party (lender) the right to recover possession of collateral under specified circumstances. A lienholder title cannot be transferred unless all liens are released before transferring.
A registered owner title transfers ownership of the vehicle to the purchaser. Typically, a vehicle purchase requires both a lienholder and registered owner title.
To acquire a registration certificate, there must be proof of title to the vehicle. Depending upon the jurisdiction, this could include either a lienholder title or a registered owner title. In most cases, the seller will provide documentation showing proof of ownership.
If you cannot obtain proof of title before delivery, it may be necessary to secure financing before delivery of the vehicle. Contact a lending institution for more information.