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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Manage episode 476548717 series 2911349
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Episode Show Notes:
- Introduction to Curb Stoning (Title Jumping or Skipping):
- A common used car scam where the seller skips proper title transfer procedures.
- Often involves flipping a car purchased cheaply from auctions or private sellers.
- The title is signed over to the new owner, but the title isn't transferred through the DMV, making it a voided title.
- How Curb Stoning Works:
- The seller buys a car at a low price, signs over the title, but doesn't get it properly transferred to their name at the DMV.
- The vehicle is resold to you with the improperly signed title.
- The issue is discovered when you try to register the car at the DMV.
- The DMV may reject the title or even confiscate it, causing legal and registration problems.
- The Consequences:
- Curb stoners don’t have dealership licenses or official businesses.
- They may advertise on platforms like Craigslist, Facebook Marketplace, or OfferUp.
- They meet buyers in non-official locations like intersections or parking lots, take cash, and give the faulty title.
- You may face a revoked title, liens, or discover the car is a salvage, leading to extra legal hoops and issues.
- Why It's Called Curb Stoning:
- Sellers are referred to as "curb stoners" because they don’t have official dealerships and sell vehicles directly from the curb.
- They operate informally, without licenses or proper business structures.
- Buyer Beware:
- Always check if the seller’s name on the title matches their ID.
- If there's a mismatch, avoid the car—it’s likely to cause title problems, even if it seems like a bargain.
- Expert Guidance Available:
- Access one-on-one consultation with licensed experts for advice on title-related issues.
- Get expert advisement on options and how to resolve problems related to buying a car with a skip title.
- Takeaway:
- Don’t buy cars with skip titles. Even if the price seems too good to pass up, the risk of legal issues and title problems is not worth it.
Related Resources:
- Explore more videos on title scams, legal advice for car buyers, and how to avoid fraudulent deals.
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