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I am a tiny bit confused and this may be NY law vs FL...
In FL, when you sell your car, you have to report to the DMV that you sold it... it's a slip on the back on the title that you send in with the new owner's info. When I sold my car, I made sure the new owner re titled the car in his name... there is a FL DMV website where you can look all this up to make sure it's been done. A bill of sale is only a part of the proof. They way I read this... you may be able to make some $ lol... buy it back for $1k and sell it for a few K... but I am not sure you want to play that game.
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