Thanks for all the comments fellas. I know I am 100% legally the owner of the bike. I was questioning about a title for insurance reasons. I contacted my insurance company after making this post to asked them about insuring the bike and also questioned them about insuring the bike without a title.
“It is possible to get insurance without a title; however, if the ATV should happen to be a "total loss", you would need to provide a title to State Farm in order for us to pay you.”
I then asked if I could do thief only. There reply was
“No, you can’t do thief only but you can do thief and liability”
Personally I’m only worried about thief, not that I think it’s gonna get stolen but having insurance on it would make me sleep a little better at night, knowing it is insured for when it’s at the deer lease for weeks/months at a time which happens to be 5hrs away so I can’t simply stop by and check on it often.
If it’s to much BS to get a title ima just say screw it. The entire reason I bought a used bike is because it will be left up at the lease during the season and didn’t want to have a brand new bike to worry about. So it’s no biggie if it’s to much BS.
Oh and I did ask if it was a agreed value or book value and they said book value. So depending on the book value of the bike would be another reason not to go through the BS of a title if it’s book value is much less than I paid. Where can I find the book value?
A new way they get their cut , when you sell something , you can't just say $100 cause it needed some repairs , they want the taxes on what it should be worth by year , so for you to sell something for less than blue book you need to pay a certified appraiser to access a valve to it and get a written assessment from him
Is this new? I “know someone” that has bought and sold vehicles as donations and didn’t have to pay the taxes.