by Prototype » Tue Jan 26, 2010 2:56 pm
A little off topic, but From my experience registering a vehicle more than 35 years old, with out a title or any other paperwork and only a bill of sale, the DMV will issue a salvage or reconstructed vehicle title. The exception to this rule is you purchase a title for the same year make and model of the vehicle from a swap meet or collector of such documents (The Portland swap meet had several vendors selling these documents for various model years). Doing this allows you to also buy vintage license plates for the same year as well to display on the car. In Oregon, you can do this for a one time fee of $80.00 plus the title transfer fees. You do not have to pay an annual registration fee from then on. I don't think there are too many "old" 1948 Tucker titles floating around, so this car will have to be issued a "Salvage Title" no matter where its new home will be. I don't think anyone who buying a car with a supposed "Historical Signifigance" will be pleased with the kind stigmata of having a salvage title attached to it! Insurance companies don't like to write policies for these vehicles, if they do there is always conditions applied and usually cost more than having correct paperwork or documentation actually backing up claims about "Historical Signifigance". I have bought vehicles (vintage and otherwise), back from insurance companies for pennies on the dollar to repair and every one has been "tagged", depending on the issue,(i.e, wrecked, stolen, fire damage..etc..). Either they have a scrap, salvage or reconstructed title and have been problematic or even difficult to sell to a collector or aficiando, especially a full value price, no matter how much the restoration cost or what it would be worth, had it not have the "disgraced" documentation. Maybe the next time I need to register or authenticate a vehicle, I'll call Al Prueitt!
If you didn't get dirty, then nothing was accomplished!