GL no longer able to issue Titles

[McCrackin]

Just got off the phone with a GL rep who tells me that since GL or Surplus Acquisition Venture did not renew their Dealer License that they can no longer issue Titles for any vehicles sold by them...He recommends getting a "Bonded Title" from my state (FL). This is really a problem since I was hoping to apply for a Certificate of Title for an M816 I bought from GL a few years ago.
I don't get it though since they are clearly still selling various cars and trucks...Weird !!

 

[Gunzy]

Then and bids on vehicles through them should be made accordingly. Bonds can be anywhere from $1000 and up, way up.

 

[juanprado]

much of what they are selling is squeaking through as 'scrap" sales..........

 

[tommys2patrick]

I wonder if that includes the 3rd party vehicles they are selling out of Auburn Cal?

 

[McCrackin]

The 3rd party must be the Owner of the vehicle, who has the Title.

I still see trucks and vans but they are being sold "As Residue" I guess that means NO TITLES. I can see now that the "as residue" is clearly stated on the Item Descriptions however I am disappointed that they are no longer issue Titles for vehicles which were sold in the past. A large company like GL should carry all licenses related to selling things, it's just the cost of doing business. Now they have put themselves in a position where they can no longer service their customers (previous customers)... I would have thought that an important announcement like "No more Titles" should have gone out to all Buyers as a reminder to get their SF97 requests in quickly before they stop issuing them... Did they notify people ? I never saw anything...

 

[tommys2patrick]

I believe someone from GL at the Auburn site must be buying vehicles on the open market in Cali and then auctioning them under the GL umbrella. It says in the descriptions that they will be issued Cali titles in the new owners name. I have found some of the vehicles for sale under the previous owners name( previous to GL listing) and what they sold to the GL person for. Bought within a few months of being posted on GL. However, as discussed in another thread, the same vehicles seem to be relisted multiple times after multiple "auction sales" under GL. They just seem to keep coming back to GL for some reason.

 

[painter paul]

Here that could be termed title jumping if GL actually owned it in the interim. If they are just the seller it may work. Title jumping is illegal here.

 

[tommys2patrick]

Not sure about the title jumping thing. I know a lot of people that buy and flip vehicles for a living. They usually do some sort of work on them to get them roadworthy. my guess is that is what is happening.

 

[painter paul]

Here they would have to get title in their name then sell to the new buyer. It's of course a money thing so the state can collect taxes.

Sent from my XT1080 using Tapatalk

 

[tommys2patrick]

I sent a PM to JWADE. our resident GL person to see if he can provide any info on those operations.

 

[Mike929]

I sent a PM to JWADE. our resident GL person to see if he can provide any info on those operations.

I think JWADE is GovPlanet not GL.

 

[bikeman]

JWADE is Gov PLANET not Gov LIQUIDATIONS.

 

[Jwade]

That would be correct I won't take offense. (this time)

 

[drivebymashing]

I had to bond a title for my 105a2 it was 100 dollars. Not sure about vehicles in NC

 

[two.fiveM35]

Why did you wait so long?

 

[DrillerSurplus]

Just got off the phone with a GL rep who tells me that since GL or Surplus Acquisition Venture did not renew their Dealer License that they can no longer issue Titles for any vehicles sold by them...He recommends getting a "Bonded Title" from my state (FL). This is really a problem since I was hoping to apply for a Certificate of Title for an M816 I bought from GL a few years ago.
I don't get it though since they are clearly still selling various cars and trucks...Weird !!

Can/will they still issue SF97 forms? I have a couple of trailers I've been meaning to get around to.

 

[MtnSnow]

Why did you wait so long?

DING DING DING......And that is the winning question!

 

[tommys2patrick]

I received a reply from JWADE. He confirmed he is a GovPlanet guy and has no connection with Gov Liquidation. My misnake. With that being said, does anyone know if there is a steel soldier that has an inside track with GovLiquidation? Would be curious to know what the title issue is and if the "non residue" vehicles can/will in fact come with a title?

 

[SETOYOTA]

I got an sf-97 last week from GL

 

[SETOYOTA]

The link to apply for a sf-97 is still active on the govliquidation page