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Old 11-19-2012, 07:26 AM
 
2 posts, read 136,046 times
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I apologize if I'm posting this in the wrong place, I'm new! I live in NC and bought a truck from SC 2 years ago. I never drove it so I never had the title put in my name. The seller did sign the title over to me. Now I'm selling the truck so can the new buyer just have the title transferred in to his name?
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Old 11-19-2012, 08:43 AM
 
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You really should contact the DMV about this. I know there's a nominal late fee if you don't register your vehicle within a certain amount of time (within 30 or 60 days, I think), but I don't know about 2 years. I'm pretty sure you'll need to complete the title transfer into your name, then transfer it to your buyer. But again, contact the DMV to be sure. You can call any of the license plate agencies for an answer.
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Old 11-19-2012, 09:41 AM
 
Location: Blue Ridge Mtns of NC
5,661 posts, read 24,158,880 times
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Who has been paying the property tax on the truck for the past two years? Both tagged and untagged (unregistered) vehicles are taxable in NC.
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Old 11-19-2012, 10:40 AM
 
2 posts, read 136,046 times
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I had no idea I had to pay taxes on a vehicle if it's not registered. I just don't understand the need to register the vehicle in order for the buyer to do it again. This vehicle will be taxed twice correct?
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Old 11-19-2012, 11:05 AM
 
Location: Blue Ridge Mtns of NC
5,661 posts, read 24,158,880 times
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Quote:
Originally Posted by confusedseller View Post
I had no idea I had to pay taxes on a vehicle if it's not registered. I just don't understand the need to register the vehicle in order for the buyer to do it again. This vehicle will be taxed twice correct?
Two different taxes. The annual property tax on vehicles is a local tax assessed by your county of residence, while the Highway Use Tax (HUT) is a one-time state tax every time title ownership changes. Think of it as a DMV registration tax.

Unregistered (untagged) vehicles (cars, trucks, trailers, motorcycles, and similar property) are to be declared every January at your local property tax office.
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Old 11-19-2012, 08:35 PM
 
Location: Phoenix, AZ > Raleigh, NC
14,268 posts, read 17,421,080 times
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I don't know what the law is, but I can assure you that if I were the buyer, I'd be running away. I know you are not meaning to be dishonest, but if I were considering buying this vehicle, I would be totally convinced you were a scammer.

Plus, it's been sitting around idle, never driven for two years???? Another reason I would run away.
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Old 11-20-2012, 07:50 AM
 
805 posts, read 1,993,183 times
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If your name is on the SC title, you will either have to get the original seller to get a duplicate title and fill it out with a blank buyer name or you will need to get a new NC title in your name. The proper thing to do is get a title in your name.

You can apply for just a title, which shouldn't be too expensive. There is no need to register/plate the vehicle if you are selling it. Since it came from out of state, though, the vehicle will have to be inspected by an officer of the license and theft bureau before being able to apply for a title. They just check to make sure it isn't some re-bodied or stolen vehicle. They typically want the vehicle to be complete and drivable also.

Technically, you are liable for taxes, but you most likely will not be sent a bill as there wasn't record of when you purchased it. It's up to you how you want to handle it. Typically, only registered vehicles are sent a yearly property tax bill. On classic cars, this is different.
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Old 11-20-2012, 09:36 AM
 
Location: Phoenix, AZ > Raleigh, NC
14,268 posts, read 17,421,080 times
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Quote:
Originally Posted by caspian65 View Post
You can apply for just a title, which shouldn't be too expensive. There is no need to register/plate the vehicle if you are selling it. Since it came from out of state, though, the vehicle will have to be inspected by an officer of the license and theft bureau before being able to apply for a title. They just check to make sure it isn't some re-bodied or stolen vehicle. They typically want the vehicle to be complete and drivable also.
The bold portion is not accurate. Two months ago, we retitlted an 2005 AZ vehicle to NC. We also registered and tagged the vehicle in NC as we are now permanent residents. We were not required to have the vehicle inspected for ANYTHING.
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Old 11-20-2012, 09:48 AM
 
2,626 posts, read 5,826,995 times
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Quote:
Originally Posted by Jkgourmet View Post
The bold portion is not accurate. Two months ago, we retitlted an 2005 AZ vehicle to NC. We also registered and tagged the vehicle in NC as we are now permanent residents. We were not required to have the vehicle inspected for ANYTHING.
Are you sure about that? NC requires a safety inspection before issuing a registration/tag. Just curious how you avoided that.

And by the way, I've never heard of the inspection caspian65 describes "...by an officer of the license and theft bureau..." To my knowledge the DMV has no inspectors, as they contract it out to private enterprises.
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Old 11-21-2012, 08:19 AM
 
Location: Phoenix, AZ > Raleigh, NC
14,268 posts, read 17,421,080 times
Reputation: 22069
Quote:
Originally Posted by arbyunc View Post
Are you sure about that? NC requires a safety inspection before issuing a registration/tag. Just curious how you avoided that.

And by the way, I've never heard of the inspection caspian65 describes "...by an officer of the license and theft bureau..." To my knowledge the DMV has no inspectors, as they contract it out to private enterprises.
Quite sure. We did this in october, 2012. Next year, we have to get the inspection. Out of state legally registered vehicles do not require inspection until you register after the first year.
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