buying out of state

Hey guys I am in Texas, going to buy a used Mustang in Oklahoma. Will I have to pay any Oklahoma taxes or fees, if I am going to drive it straight to Texas and title it here?

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I'm not quite in the same situation as you, but here goes: Sometimes a sale on ebay will have you paying a flat fee for "paperwork". If you are buying from a private seller, you should be able to sign it over and just pay fees that Texas charges. Your state might also have an inspection fee from your local police department to "curtail auto theft", but in reality it's just a revenue generator. If you have a yearly sniffer inspection, but OK does not, you may have to do a little work there to bring it up to spec. I have purchased a fox body from Texas, titled it in Kansas and just paid the inspection and the licensing fee. No fees were paid to Texas. Your state may have different requirements. To be sure, call your DMV and ask.
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Kruse wrote:

Well, this has turned into a difficult deal.
Seller is in Oklahoma. He has it financed through Ford Credit. He owes more than I'm paying. Oklahoma give the borrower a full title, all the lender gets is a lien.
So, if I drive up, pay the guy, take the car, with signed title and bill of sale and go home, I have to depend on him paying off the loan with the proceeds (and his added cash) and then Ford Credit sending me a lien release. then I can get it titled in Texas.
That's a problem we have not yet found a solution for.
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wrote:

you have to pay Ford Credit not the seller. You need to ask Ford Credit if they will give you the title. Most likely you will have to pay off the loan. Most likely the car will cost you what he/she owes on it. Call Ford Credit and deal with them directly. The"seller" probably will run with the money if you give it to him/her.
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Les Benn wrote:

I think the seller is honest. He is making an honest effort to find a way to sell the car in such a way that I am protected.
It's possible I could arrange with Ford Credit to mail his check and mine along with a bill of sale made out to me, and get them do send me the title.
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Myself, I'd run away from that deal. Too many cheap cars to be had to take risks as such.
Scott
wrote:

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Generally I'd agree, but this is a Shelby GT at a good (but not unbelievable) price.
And I've conversed and emailed the guy enough that I'm confident he's a stand-up guy.
I talked to a customer in that state who deals in vehicles a bit and is pretty sharp. He says that sort of arrangement is pretty common in the state, and he's done several that way.
So I've decided to proceed with it. If I get up there and it doesn't smell right, I'll be out a couple plane tickets.
Scott Van Nest wrote:

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Good luck with the purchase. If you need any assistance, let me know. I am located in the OKC metro. I wouldn't mind test driving a Shelby.
Scott
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Scott, thank you for the offer.
We are flying up first thing tomorrow. Seller will pick us up and we'll test drive it to his bank to do the deal.
If it turns out to be not-as-advertised, we'll have to figure out how to get back home ;)
Scott Van Nest wrote:

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Ordinarily, I'd tell you to run away from this, but if I was in your shoes, I'd be drooling over this deal myself. Somehow, you've got to have the seller, Ford Credit, and yourself all in the same room to finalize this transaction. Your seller may be on the up-and-up and be honest. Or he may be the sweetest talking crook in the world. Whatever you do, don't send him the money and then just expect him to sign the title over and mail it to you. Be there in person and have Ford Credit sign the thing over as you watch. Good luck with your ride.
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Kruse wrote:

Here is what we decided on:
1 - I bring a cashiers check for $25,700.00 made out to Ford Credit 2 - Seller adds his check for the balance and we seal it and mail it together with the note payment form, registered mail. PO is next door to bank 3 - Seller gives me Title, signed and notarized at the bank Bill of sale, using official form, signed and notarized. Odometer statement the Mustang, of course 4 - Seller and I sign contract stating sale of car and agreeing to pay off note and forward Release of Lien to me ASAP. Also agrees to take any steps required to deliver a clean title to me. Signed and notarized. 5 - Seller receives Release of Lien within 10 days and forward to me.
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Give Ford a few more days than 10. I went through the same process (with a family member) and I think it took Ford Credit 2 or 3 weeks.
Scott
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Yep. Ford Credit is going to make sure that your check wasn't issued from the First National Bank of Nigeria.
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Kruse wrote:

Hey, their cashier's checks were cheaper than my credit union ;) You think that's a problem?
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Did get the car or not?
wrote:

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Scott Van Nest wrote:

Yes, I did. very nice car.
Got 50 miles toward home and a truck threw a rock into the windshield. Instant chi grrr
Then 2 miles later the LR tire went flat. No spare on these, so I pulled out the little factory compressory/tire sealer assembly and aired it up. Fortunately it held well enough to get to the next town. Luckily, they fund a nice used tire in the right size and got me on my way home.
I need to see about getting the tire replaced. Ford says they won't warranty it, so it's looking like a $200 tire.
Oh, and I'll visit the glass shop ;/
But it's a neat car and I'm very happy with it.
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