Not received title from dealership after 3 weeks

All this tells me.is the bank that had the title is taking their sweet ass time, the dealer didntt have it because the seller had a loan.

Not suprised I sold my Porsche back in 2015 and the bank USAA took about 30 days to release the damn title.

 

no title
tell them to take it back and refund your $

 

Yeah no title means lien on car. Mine took a month but that was especially bad over state lines from NY to MA. FoLI has a third party document company do the registration. It can take anywhere from 2 days to a month or more all based on the bank with the title. But in the end FoLI made good and refunded my reg fee after a month.That went to new wider tires on my OZs and I was happy. I have a small loan on it too. Funny thing was, I have a friend at RMV who could have processed it faster. But he would need the lien to cover his end.

 

I'm not sure about the advice that some are giving here.

My experience:

Bought a 458 from Ferrari in UTAH. They gave a 30 day temporary tag. After 30 days I still didn't have the title and they gave me another 30 day temporary tag. (the car's title was in a different state)

I finally received the title about 75 days after I had purchased the car (I live in a different state).

I bought a scud from a dealer in california. I didn't receive the title until five months after I bought it (it's same state as I live so I could continue to drive the car with a temp registration). It took 2 months longer because DMV kicked it back saying that it didn't have smog done. It sat on someone's desk until I started inquiring about it.

I just sold my f12 3 weeks ago. I am just getting the paper work from the finance company right now. If it is an out of state sale then it is probably still a good couple of weeks for the new owner to get the title.

If there is a lien on the car then it does take some time to get the title.

 

If it is an authorized F-dealer, I wouldn't worry. If not, here is an experience I had about 7 years ago. Wife had an XJ6 with almost 200,000 miles, great car but she wanted a newer one. Bought an XK8 with 18,000 miles and paid cash from a used dealer. A month later, no pink so I called. They said they had the pink and would mail it. I said NOPE, I'll pick it up. As I got pink, I saw an XKE in the corner and bought it also...paid cash again. Same story..no pink and I'll pick it up. I GOT PINK AND CAR.

Now it gets interesting. It was missing a spare tire so I found a receipt and called previous owner...a big Beverly Hills attorney. Nice guy as he asked about my transaction with the dealer. I said OK except pink slip issue. His next words to me scared the crap out of me. He told me he consigned 3 cars with these guys and was never paid and he was going to close them down. One month later, they were gone along with about $2 million from sold cars.

 

the error is with the purchaser for not demanding for Delivery of full docs at time of payment... a normal transaction... NO docs no payment.... typical transaction with all car dealers when they buy/sell... full docs go with the car or no sale

 

Impossible to happen when a car is consigned and has a lien on it from a lender.

 

No, it's not impossible. There are escrow services that handle these transactions. The buyer is assuming all risk if payment is made and they don't receive the title. Although I have to be careful, what applies in my state may well be different in other states.

 

the dealership in this case probably didn't own the car outright and therefore the bank held the title. Must be a mickey mouse dealer.

 

I'm gonna go out on a limb here and speculate that the reason the
"bank hasn't sent it to them yet" is because the dealer hasn't paid off the lien.

 

It does vary by state, I traded a Jaguar in in New Jersey and they didn't bother to pay off my lien for a month, nor did I get plates for the new car until the very day the 30-day tag expired.

Massachusetts is the worst state, you cannot insure or drive a car without having it registered, and they only give a grace period to dealer sales (out of state temporary plates are not recognized). So if you are buying out of state you pretty much have to pay up, get the title, register the car and then you can bring it in. Got burned that way one time on a Porsche. On the other hand, it was pretty hilarious on the California, Ferrari of New England kept FedExing me new bills of sale pushing the date forward 3 days until they finally got their runner to go and register the car in Rhode Island for me.

Who is the dealer in question?

 

Sounds like usual used car dealer BS.
Car is perhaps un-warrantable. $1500 would seem a no brainer bargain for a warranty(of any merit) on a used Ferrari anyway. If so the salesman tried "I'm your friend by not selling you this warranty".
I've never encountered a car dealer that could resist an added nickel's worth of profit. He'd have pushed the warranty if it were possible.

 

There's only two Authorized dealers in Illinois and this does not sound like either one of them. Does sound like a couple of other dealers around town who leave people the impression they are a "Ferrari" dealer because they sell used Ferraris

No title for three weeks wouldn't be completely unusual. Besides the possibility it was a consignment with a payoff, many dealers have inventory floor-planed and the title is at the floor-plan bank. Don't know how you purchased but until your check cleared or your loan funded they wouldn't have been able to pay off the title leading to delay. They gave you a thirty day temp didn't they?

 

There is no Factory Authorized dealer "in" Chicago.

 

I'm sure neither Rick nor John, or their staffs, would be lax in addressing a legitimate concern of a customer who bought a Ferrari from them.

 

There was a used car dealer here in Seattle ~10 years ago that took months to get titles to people. He was several payments behind to prior sellers, so took money from one sale to pay off the seller from several transactions prior.
It all finally fell apart and several owners and buyers lost a ton of money. One guy lost his Ferrari as the person who bought it was entitled to it since he paid the dealer. The seller (was on consignment) was out the car and never got paid.

I bought a car from him and after ~2 months of not getting a title, I went back and said give me my money back. I was lucky that he was able to get the title, but...

I would be pretty nervous if a dealer didn't get my title. I believe there is a time line in many states when it must be provided.

 

Took 3 weeks for mine. Consigned car, dealer showed me their payoff
check, and guess who took their lazy ass time....
FERRARI financial services......

 

That's how it oughtta work.

 

Don't understand the hand-wringing...
You buy a car, they stick a temp tag on it which is good for 30 days (and can be replaced), they submit transaction to the state which assigns new title and mails a new title to you if you want (can be paperless in Florida, which normally takes several weeks), and your car is insured regardless of being "registered" based upon the VIN before you leave the dealership.
I have done this dozens of times, always the same, and no issue.

 

ThatAussieGuy,

I'm in Orlando and I bought my F430 Spider from a Maserati dealership in CA on 10/19/16 and received the car on Sat 10/29/16. Mine was a trade so I kept the FL license plate from the previous car. They used DMV Nationwide who happens to be based in FL to process the state paperwork. This Monday, 11/7, I received a FedEx from the dealer with copies of both the new registration and the application for the FL title. Although I haven't received the title yet, at least this let me know that it was on its way. They also offered a temp tag for an additional cost but I already had the plate.

Maybe you can push the IL dealership to use DMV Nationwide so you know it's being processed. Or maybe they don't actually have the title as others have stated...

Dave

 

I will never understand why the US doesn't change their dumb system of car registrations. In Canada specifically BC You can sign a title over to anyone at anytime. If a car has a lien on it a search can be done online immediately to determine that. If it does the bank or whatever can remove the lien instantly if warranted. You also don't have to put a goofy piece of paper on your car while waiting for plates like my California friends have to do. You could change your plates three times a day if you wanted to pay the $25 fee.