selling with a lien question

Reply

  #1  
Old 02-11-06, 06:38 AM
Member
Thread Starter
Join Date: Feb 2006
Location: Houston
Posts: 2
selling with a lien question

I have a 2005 Harley Im trying to sell. Ive only had it for a little over a year and still making payments on it through Harley. Now I wish to sell it. How do I go about selling it to someone when it still has a lien on it? I have no idea how that works. It seems kind of wierd to me to sell something to someone and not being able to give them the title. Please Help

Shawn in Houston, Tx.

Web/e-mail addresses not permitted in the Forums.
 

Last edited by majakdragon; 02-11-06 at 07:09 AM.
Sponsored Links
  #2  
Old 02-11-06, 07:14 AM
majakdragon's Avatar
Member
Join Date: Jul 2003
Location: N.E. Arkansas
Posts: 7,827
You will have to make arrangements through the Finance company to have whoever buys it, sign the paperwork just as if they were buying it from a dealer. This will cover the amount owed on the bike. They may not agree to do this if the buyer does not have good credit. Good luck.

Note: Do not try to skirt the issue of transfer by doing a "behind the scenes" sale. The bike will belong to you and you are responsible for anything that happens to it while your name is on the payment papers.
 
  #3  
Old 02-11-06, 07:33 AM
Member
Thread Starter
Join Date: Feb 2006
Location: Houston
Posts: 2
What if the buyer has the cash, gives it to me to pay off the lien to get the title? That would mean he would have to give me the money and hope I give him the title when it comes in right? How does one trust that. Is there paperwork that can be done to ensure him on his part that he will get the title?
I know I would would feel wiered if i was buyer
 
  #4  
Old 02-11-06, 08:15 AM
majakdragon's Avatar
Member
Join Date: Jul 2003
Location: N.E. Arkansas
Posts: 7,827
I would suggest going to the Harley Dealer and asking them. You will probably get the best info. Take the buyer with you if possible.
 
Reply


Thread Tools
Search this Thread
Display Modes
Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -7. The time now is 04:46 AM.