Caveat Emptor - BUYER BEWARE
Worth repeating
Caveat Emptor - Buyer beware
Because there is a steady, but thankfully small stream of people getting into trouble with their new purchase, I'm going to play Devils Advocate and post this on every "For Sale" section on this and every other forum I can find.
Directed primarily at the Americas situation, I imagine it will also be applicable all over the world.
Be very aware that buying a foreign-registered car from a foreigner in any country and/or state other than that of original registration is potentially a very bad move unless you fully understand the situation and fully understand the risks.
Yes, lots of people do it and I know it can be done, but there are cases where people have been stopped at the border and other cases where people have had their vehicles confiscated for irregular ownership transfer even after several successful border crossings.
Things to watch for -
Expired registration
Non-current roadworthy or smog certification
Fake License plates
License plates with year tags missing or incorrect
Fake documents
Supposed original Documents that have been laminated
Bill of sale drawn up 'legally" in the foreign country
Not possible to obtain legal ownership in your name back in the country of origin.
Your nationality different to the owners or the vehicle home country
Multiple blank PODERS offered or poder without all required stamps or your name missing
Any vague excuses for discrepancies in paperwork or situation
Any seller that makes assurances such as "She'll be right" or "No worries" or I've checked it all out and ..."
Any vehicle without a valid Temporary Import Permit or equivalent document
Any suggestion that valid Liability Insurance isn't available to cover you, the new driver.
Owner wanting full payment before it has crossed the first border
Current owner not contactable.
Vehicle not in legal roadworthy condition
Vehicle without all "extras" required in that country
As I said, it can be done but as the title states - if it goes wrong, it is your problem. If you find any or these items apply to your planned purchase then make sure they can be answered and fixed before you hand over any money. At the very least insist on retaining a substantial part of the purchase price until you get over the first border and into the next country with all paperwork and registrations in your name. If the current owner is 100% genuine then he will be more than happy to share the risks. If not, then now is the time to walk away.
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