|
I also want to mention a "Bonded Title" workaround for those that aren't eligible for the VT loophole.
I was able to get a proper certificate of origin, but it first seemed like I was going to need to register my new bike without one. In MA (and I believe most states have something similar), as long as you contact the title division to get approval, you can buy a surety bond (worth 1.5 times the price of the bike... $5000 bond only costs $100) and use that to get what is called a bonded title, making the ride an "undocumented bonded vehicle". As long as nobody contests the title or claims the bike is rightfully theirs within three years, the bonded title will expire and they will issue you a clean title.
I keep seeeing "the vermont loophole" which I believe is only good for a vehicle over 15 years old, which would not apply to most of us with relatively newer "chinabikes" so I was happy to see there is another option!
|