Stephen Snider bought and paid for an "as is" used car from Berea Kar Co. Snider had trouble with the car and ceased using it a month later.

Stephen Snider bought and paid for an "as is" used car from Berea Kar Co. Snider had trouble with the car and ceased using it a month later. It sat in his driveway for several months and was then stolen. The certificate of the title had never been transferred to Snider, so he sued Berea for return of his purchase money. He argued, he did not bear the risk of loss since he did not have the certificate of title. Did Snider bear the risk or loss??