agrow Posted December 18, 2019 Share Posted December 18, 2019 looking at buying a small truck,owner has papers of when he bought it (owner is Thai) BUT NO BOOK .i know that may mean it is under finance or private loan ( MAFIA ), also i think it is not taxed as no plates r on it, i know i will have to pay back taxers to use it, what i want to know is there any way to find out if vehicle is encumbered ? Link to comment Share on other sites More sharing options...
Popular Post NCC1701A Posted December 18, 2019 Popular Post Share Posted December 18, 2019 (edited) 15 minutes ago, agrow said: BUT NO BOOK under no circumstances buy a vehicle without a book. that is all you need to know. Edited December 18, 2019 by NCC1701A 19 6 Link to comment Share on other sites More sharing options...
OneMoreFarang Posted December 18, 2019 Share Posted December 18, 2019 Have a look at this. Same same for a motorcycle: 2 Link to comment Share on other sites More sharing options...
Popular Post transam Posted December 18, 2019 Popular Post Share Posted December 18, 2019 Walk away, the country is full of second hand rides.... 7 Link to comment Share on other sites More sharing options...
Popular Post Lacessit Posted December 18, 2019 Popular Post Share Posted December 18, 2019 Don't walk away - run. That's like trying to cross a border without a passport. 6 1 Link to comment Share on other sites More sharing options...
agrow Posted December 18, 2019 Author Share Posted December 18, 2019 (edited) 45 minutes ago, NCC1701A said: under no circumstances buy a vehicle without a book. that is all you need to know. probably y its 150,000 cheaper than the next 1 .will give it a miss thanks NCC1701A, i thought as much. ps truck has plates and what he calls trading papers. Edited December 18, 2019 by agrow 1 Link to comment Share on other sites More sharing options...
canthai55 Posted December 18, 2019 Share Posted December 18, 2019 Simple to go the LTO with what the seller calls 'trading papers' and ask "Can I get a book for this truck" Only 2 answers - and you might save 150,000 1 Link to comment Share on other sites More sharing options...
alacrity Posted December 18, 2019 Share Posted December 18, 2019 If the truck was purchased on finance, the financier would be holding the registration and they would need to be involved in any sale of their vehicle. That's not uncommon and there's no reason to shy away because of it. The vehicle not having plates or (assumed) current Tabien displayed is an issue though. Basically this indicates an unsatisfactory level regarding care of the vehicle. Resulting in back dues of insurance and registration and a very low efficacy of periodic maintenance. Mostly your options depend on your budget. Try asking at dealerships. Some marques have warrantied previously owned vehicles or can put you in touch with the agent that takes their part exchanges. They can also give you the service history of a vehicle from their archives. 1 Link to comment Share on other sites More sharing options...
wgdanson Posted December 18, 2019 Share Posted December 18, 2019 Ask to see seller's driving license. Link to comment Share on other sites More sharing options...
Popular Post CharlieH Posted December 18, 2019 Popular Post Share Posted December 18, 2019 No papers, dont part with a penny ! If you really want the truck, take the seller and a trusted Thai person and visit the Land Transport office with any papers you do have and ask them whats the story on the truck. Take it from there. Personally, I would just leave it it alone. 4 1 Link to comment Share on other sites More sharing options...
Road Warrior Posted December 19, 2019 Share Posted December 19, 2019 walk away NEVER BUY CAR WITHOUT BOOK Link to comment Share on other sites More sharing options...
Popular Post kwak250 Posted December 19, 2019 Popular Post Share Posted December 19, 2019 Its a bit like marrying your wife without checking first she's not a he. In both cases in the end you'll be fcuked. 3 Link to comment Share on other sites More sharing options...
Cricky Posted December 19, 2019 Share Posted December 19, 2019 17 hours ago, agrow said: BUT NO BOOK The value of the vehicle is the book. 1 Link to comment Share on other sites More sharing options...
Jaxxper Posted December 19, 2019 Share Posted December 19, 2019 Would you buy a property without the deeds. ? Answer should be no. Same with a vehicle. Could be stolen, a cut and shut or a written off vehicle. Presumably the price is the attraction. I wouldn’t do it but up to you. 1 Link to comment Share on other sites More sharing options...
transam Posted December 19, 2019 Share Posted December 19, 2019 15 minutes ago, Jaxxper said: Would you buy a property without the deeds. ? Answer should be no. Same with a vehicle. Could be stolen, a cut and shut or a written off vehicle. Presumably the price is the attraction. I wouldn’t do it but up to you. Plus selling it on would be near impossible... 1 Link to comment Share on other sites More sharing options...
khunPer Posted December 19, 2019 Share Posted December 19, 2019 21 hours ago, agrow said: BUT NO BOOK There can be several reasons for "no book", but it short term it translates to "no buy"...???? Link to comment Share on other sites More sharing options...
steve187 Posted December 19, 2019 Share Posted December 19, 2019 20 hours ago, alacrity said: If the truck was purchased on finance, the financier would be holding the registration and they would need to be involved in any sale of their vehicle. That's not uncommon and there's no reason to shy away because of it. The vehicle not having plates or (assumed) current Tabien displayed is an issue though. Basically this indicates an unsatisfactory level regarding care of the vehicle. Resulting in back dues of insurance and registration and a very low efficacy of periodic maintenance. Mostly your options depend on your budget. Try asking at dealerships. Some marques have warrantied previously owned vehicles or can put you in touch with the agent that takes their part exchanges. They can also give you the service history of a vehicle from their archives. no back dues on insurance , only the tax for back dues and insurance for the current year Link to comment Share on other sites More sharing options...
alacrity Posted December 20, 2019 Share Posted December 20, 2019 On 12/19/2019 at 9:56 AM, VYCM said: The value of the vehicle is the book. The value of anything is what someone will pay. If the truck was purchased on finance the true owner is traceable. The book is not related to the quality of, or value of the truck. Delinquent payments and level of maintenance do reflect on an acceptable purchase price though. It could be a potential steal for an informed person. Link to comment Share on other sites More sharing options...
Cricky Posted December 22, 2019 Share Posted December 22, 2019 On 12/20/2019 at 9:22 PM, alacrity said: The value of anything is what someone will pay. If the truck was purchased on finance the true owner is traceable. The book is not related to the quality of, or value of the truck. Delinquent payments and level of maintenance do reflect on an acceptable purchase price though. It could be a potential steal for an informed person. If the books whereabouts is unknown you cannot Tax or Register the vehicle. You cannot drive it on public roads. The vehicle is useless for anyone that's going to drive it on our roads, it worthless unless you want to enter it in a smash up derby or rally/race it on the track. Link to comment Share on other sites More sharing options...
agrow Posted December 22, 2019 Author Share Posted December 22, 2019 thanks everyone for the info, has helped. the truck in question has been sold (it was a very good price) so it's someone else rs problem now. thanks all. Link to comment Share on other sites More sharing options...
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