I think it is completely possible. am not sure back in the day when the title was issued for each state. For example, in CA, cars that came from Detroit to the dealer, had documentation, but they wouldn't have a CA "pink slip" a.k.a. "title" until CA registered the sale from a dealer to a buyer. So, I could see where the dealer paperwork alone would be sufficient, until it was sold to a buyer. To think of it another way, when you bought your new car from the dealer, you were not the second owner, by almost any way of reasoning. You bought it from the dealer, who did own it, but you were the original owner. Locally, several years ago, there was a Chevy dealer in Sebastopol CA that had a 69 Corvair on the floor that had never been sold. So, in effect, it was a "new" Corvair. I can't remember when they sold it but when I heard about it I was a little disappointed. Something about a new car sitting on the dealer's showroom floor for decades was kind of cool.