Looking at a 07 Freightliner Columbia Title shows REPO

Discussion in 'Ask An Owner Operator' started by Semidumper, Apr 15, 2021.

  1. Semidumper

    Semidumper Bobtail Member

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    looking into buying a Columbia with a cat15 twin turbo this saturday and i checked the car fax on it and the last update in 12/11/2020 was "vehicle repossessed ? what does that mean

    will i be able to register it (IL) ?
    will i have any issues later on?
    should i avoid this?



    the story is a farmer owned and the truck had been sitting inside a barn/warehouse since 2012... its got about 650,000 miles and look very good on pictures the sellers friend bought it and now the seller is selling this truck. he has told me he has 2 of the same trucks



    truck looks pretty clean just has some dust so the story somewhat fits

    [​IMG]
     
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  3. Brettj3876

    Brettj3876 Road Train Member

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    Means the dude couldn't pay for it and the bank came a got it. Not your problem. What model? Hope it's not a SDP
     
  4. GYPSY65

    GYPSY65 Medium Load Member

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    Who is showing as the one who lost it?

    The farmer or the 2nd guy in line?

    Something doesn’t add up, if it sat since 2012 it surly should not have still had a loan on it or if it did it shouldn’t have been much if it was refinanced at some point
     
    Brettj3876 Thanks this.
  5. Semidumper

    Semidumper Bobtail Member

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    not sure what you mean by lost it but it looks like the farmer couldn't pay for it but its been sitting since 2012 and they seller just got it weeks ago, he told me that his friend bought these two trucks from the farmer and somehow he got them now so I'm not sure if he bought it from that friend or how he has these 2 trucks

    he told me he has already sold the first one he had the ad up for like a week
     
  6. Semidumper

    Semidumper Bobtail Member

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    not sure what SDP means
     
  7. BoostedTeg

    BoostedTeg Road Train Member

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    Does the seller have the title in his or her name?
     
  8. Semidumper

    Semidumper Bobtail Member

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    good question let me ask him
     
  9. staceydude

    staceydude Medium Load Member

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  10. Semidumper

    Semidumper Bobtail Member

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    he said that the title is still in the farmers name
    That’s owned it since 2012

    he offered to put the title In his name but I don’t think he knows the truck has repossession
     
  11. GYPSY65

    GYPSY65 Medium Load Member

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    This is starting to sound more like stolen not repo
    Repos don’t take place like this
     
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