Couple's Used RAV4 Seized After Stolen Title Discovery
Craig and Hannah Blanchard, a couple from Dunedin, have found themselves in a distressing situation after purchasing a used Toyota RAV4. The vehicle, which they bought privately, was recently seized by police due to a stolen title. The RAV4's journey began with Vasilios 'Bill' Ioannidis, who acquired it through a mechanic's lien. He then sold the vehicle to the Blanchards about a month later for $17,000. The couple, unaware of the car's history, used a home equity loan and cashier's checks to make the purchase. Little did they know, the RAV4 had been reported stolen. The police discovered the discrepancy and towed the vehicle away, leaving the Blanchards to continue making payments on a car they no longer possess. They are also grappling with insurance costs, despite not being at fault. Ioannidis, upon learning of the situation, has offered to refund the full amount if the couple cannot retrieve the RAV4. This incident serves as a stark reminder of the risks involved in buying used cars privately. While it may seem like a cost-effective option, it lacks the protections offered by licensed dealers. The Blanchards' story underscores the importance of thorough vehicle history checks before making a purchase. Meanwhile, the couple awaits a resolution, hoping to recoup their losses and move on from this unexpected ordeal.
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