Question about selling 2006 wr450


1 reply to this topic
  • Turd Ferguson

Posted September 21, 2006 - 05:32 PM

#1

Any of you guys have experience selling a bike that you financed? How does that work or will it work? Any help would be greatly appreciated. Thank you.

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  • Ramcc4x4

Posted September 21, 2006 - 07:12 PM

#2

I did. I made it clear when selling that I still owed on the bike. The buyer understood and we wrote up a contract. Upon the sale of the bike the necessary funds would go to the finance company and as soon as the title was received I signed it over, filled out the release of liability and sent it certified mail to the buyer. It worked out fine. As soon as I received the initial payment for the bike and the funds cleared the bike was available for pickup.




 
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