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Old 01-30-2008, 12:55 PM   #1
RACER X
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Buyer Beware

just a tidbit of info.

just locked a thread where the person trying to sell a bike, the guy physically owned the bike, and he paid somebody for it and had a bill of sale.

well the orig. owner still had a lien from the bank against it.

DO NOT BUY A BIKE in this situation.

your basically buying a stolen bike, and the orig. owner doesn't have the right to sell it. usually when vehicles in general have liens both the bank and the buyer will be on the title. and they both have to sign off on the sale. which usually means the buyer has to pay off the loan.
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Last edited by RACER X; 01-30-2008 at 12:57 PM.
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Old 01-30-2008, 12:57 PM   #2
txgsxrbob
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So how much did they get you for ???
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Old 01-30-2008, 12:58 PM   #3
level5
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there is a lot of this kind of sales going on. Most people like it because of the price and thought that they could had it titled.
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Old 01-30-2008, 12:59 PM   #4
RACER X
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'08 Busa - sold
A few more bought
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Quote:
Originally Posted by level5 View Post
there is a lot of this kind of sales going on. Most people like it because of the price and thought that they could had it titled.
yes there is, it doesn;t make it right or legal.
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Old 01-30-2008, 01:01 PM   #5
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I'm not in the market for a bike, but good look RX, that kinda sale is a pain in the a$$ for the buyer
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Old 01-31-2008, 12:46 AM   #6
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Quote:
Originally Posted by RACER X View Post
yes there is, it doesn;t make it right or legal.
Thanx for the look out. It was wize to make you a mod.
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Old 01-31-2008, 07:44 AM   #7
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Quote:
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Thanx for the look out. It was wize to make you a mod.
:HC:
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Old 01-31-2008, 09:30 AM   #8
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good advice!
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Old 01-31-2008, 09:34 AM   #9
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