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There is a guy at the Barber vintage fest that had a company that specialized in getting clean titles for older bikes. I’ll try to remember to get his info in Oct when I’m there.
If you go through VT and the bike is over 499cc's you will need to take the frame to the local police department for a VIN verification. This is free as they will visually check to see if the VIN has been altered and run it through NCIS to see if it is stolen.Then you pay roughly a $39 fee to VT along with a check for sales tax of 6% of the value of the bike. You pay 6% on KBB average retail or selling price or $1,200 whatever is higher. So the frames you would pay 6% on $1,200. VT does this as a money maker they don't care if you got th efram for free they want their 6%.Then you send the bill of sale (you can make it up and you can sign it in whatever amount you want. They just want a bill of sale with anyone signatire on it for record) the check for the registration fee and sales tax to VT DOT. In abotu 2 weeks yuo'll get a valid registration and tag that you can take to your home state DOT and they will convert it to a title. In Pennsylvania you will then pay another 6% on the declared value + title fees and you'll walk out with a clean clear title in you name that cost you more than what the frame is worth. Sell the frames cheap or give them away and let the next guy worry about titling them.
I've got a couple of older Yamaha frames that I would like to get titles for, either to use or make easier to sell.A friend told me you could do this in VA thru the Abandoned Vehicle program. After filing out the forms, the local DMV said "No way!" They did not say it in a manner that implied expertise, but they are the law.Has anyone in VA been thru this process?
Right now, due to the <situation>, VT is waiving the VIN verification part. I wonder what they do regarding tax when NADA doesn't list the motorcycle? I'll be attempting to register my Sears Allstate/Puch SR250 soon and there's no listing in/on NADA for Sears, Sears Allstate, Allstate or even Puch!
I’m following this thread with interest because I’m facing the same problem with my BSA / Benelli. If there’s a titling company of some kind which would just take my information and take me through the Vermont process, I’d gladly pay them.
What do you do about the VIN inspection? Will they accept an out of state VIN form?