I have titled/registered/insured various different vintage and exempt vehicles here in Massachusetts and can tell you with absolute certainty that the RMV (DMV) will not issue a title without a physical inspection of the vehicle's VIN when the VIN does not come up in their system as a NHTSA 17-digit VIN.
Older cars with 9-digit VINs, ROW Defenders with the non-US country code in the 17-digit VIN etc will all trigger this inspection. No way around it. Other states may be more loose, but that is the way it is here for sure. Inspection can be done by any sworn law enforcement officer. I had a local cop come out for all of them. THey peak at the VIN (wherever you tell them it is) and they don't crawl around looking at the frame VIN. We talked for about 30 minutes about cars each time.
Still, when you present them with paperwork saying it's a 1972 or whatever, it will definately trigger more than a few red flags. Years ago (before 110's were legally exempt) I looked at an '84 110 that was titled as a '61 Series truck. Never bought it, it was way too "in-your-face" incorrect.
My point here is that there about at least a dozen things that need to fall in line for you to be driving this 2010 Puma with even a touch of legality. You may nail 10 out of 12 things in the "list", but are you prepared to lie or fudge the other few? I know of more than a few Pumas running around and tip my hat to the owners for having the recources and stones to obtain and drive them. Wish I had one.
How this became titled as a 1972 is beyond me, but once the VIN has been tampered with, I'd say run away like a scalded monkey. Damaged goods.
Still, in all honesty part of me really drools over this and would love to have the recources to stick the entire 2010 Puma package on my legit '85 frame.
It's nice to see him selling as a "parts truck", at least the seller is being honest. $75,000 for parts is a bit optimistic though. If he's looking to be made whole, that is also optimistic. He made a mistake and usually there is a penalty associated with that. Shame to see the truck broken up, but that's the only real legal option IMO. However, it would have to be a small shop or private person because none of the usual suspects (restorers) would want to risk the possibility of the Feds sniffing around their shops. It's just not worth it to them.