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Just curious - what type of shape is it in? Because $2.5k for a 2005 IS 300 is worth way more than that. In the too good to be true category.
Doing a bit of searching and you may be out of luck - you may not be able to ever title since it was a COD and not a salvage. From what I read the COD = parts or export it.
I have a feeling he got what he paid for...
Edit: Not sure about the dealer tags - I would think as long as you have your insurance it would be ok???
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