Sold a used car still under MCO
My company was recently sold a used CPO car but found out today that it’s still under MCO and they’re trying to title the used vehicle with the MCO in my state.
How is this even possible? My understanding is every state requires used cars to be sold with a title and the floor plan holds the title as security on a used car and MCO on a new car?
Needless to say the car is having title and registration issues and I’ve been advised by multiple car dealers to get the deal unwound because no one thinks I’ll be able to use this car for months commercially.