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#2419012 - 06/16/11 09:53 AM pay cash with a lein holder?
762hunter
8 Point


Registered: 07/16/04
Posts: 1986
Loc: Memphis

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buying a motorcycle.

guy owes 1200 to Harley (financing)

how would you go about the transaction?

bill of sale and take possesion of the motorcycle enough?

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#2419015 - 06/16/11 09:58 AM Re: pay cash with a lein holder? [Re: 762hunter]
TC4ever
16 Point


Registered: 10/19/07
Posts: 14514
Loc: Va

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I don't think I would do that until HD releases it.
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#2419018 - 06/16/11 10:04 AM Re: pay cash with a lein holder? [Re: TC4ever]
JohnnyBond
Cat Man
Non-Typical


Registered: 01/16/08
Posts: 35567
Loc:

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 Originally Posted By: TC4ever
I don't think I would do that until HD releases it.
x2

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#2419023 - 06/16/11 10:10 AM Re: pay cash with a lein holder? [Re: JohnnyBond]
Big Ben
10 Point


Registered: 03/08/06
Posts: 2688
Loc: North of Nashville across the ...

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Contact the lien holder (HD finance) make arangements to pay off the note in exchange for a clear title.
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Some people should thank their lucky stars that everything I wish for does not come true

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#2419024 - 06/16/11 10:13 AM Re: pay cash with a lein holder? [Re: Big Ben]
westtntoms
8 Point


Registered: 02/04/08
Posts: 1525
Loc: Collierville, TN

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 Originally Posted By: Big Ben
Contact the lien holder (HD finance) make arangements to pay off the note in exchange for a clear title.


Exactly...people do it with cars all the time.

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#2419039 - 06/16/11 10:35 AM Re: pay cash with a lein holder? [Re: westtntoms]
762hunter
8 Point


Registered: 07/16/04
Posts: 1986
Loc: Memphis

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So I call the lein holder and make arrangement or he does?
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#2419043 - 06/16/11 10:41 AM Re: pay cash with a lein holder? [Re: 762hunter]
rabbit hunter
12 Point


Registered: 03/04/10
Posts: 6415
Loc: Beech Bluff, TN

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You call if they will talk to you. Explain the situation and that you will clear the note and give him the difference for a clear title.
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#2419243 - 06/16/11 02:36 PM Re: pay cash with a lein holder? [Re: rabbit hunter]
762hunter
8 Point


Registered: 07/16/04
Posts: 1986
Loc: Memphis

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called them.

guy gave me his dob, social and loan #

writing Harley a check and him a sepperate one

should be 2 weeks and till title make it in.

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#2419244 - 06/16/11 02:37 PM Re: pay cash with a lein holder? [Re: 762hunter]
762hunter
8 Point


Registered: 07/16/04
Posts: 1986
Loc: Memphis

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oh and called the dealer and verified the service history.

he did have it in for EVERYTHING


well documented bike, no known problems, etc.


feeling better about the purchase now

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#2419251 - 06/16/11 02:55 PM Re: pay cash with a lein holder? [Re: 762hunter]
leader
12 Point


Registered: 08/10/06
Posts: 6460
Loc: Knox

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Congrats

What model ?


Edited by leader (06/16/11 02:56 PM)
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#2419252 - 06/16/11 03:02 PM Re: pay cash with a lein holder? [Re: leader]
762hunter
8 Point


Registered: 07/16/04
Posts: 1986
Loc: Memphis

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05 Super Glide
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#2419255 - 06/16/11 03:04 PM Re: pay cash with a lein holder? [Re: 762hunter]
762hunter
8 Point


Registered: 07/16/04
Posts: 1986
Loc: Memphis

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#2419256 - 06/16/11 03:04 PM Re: pay cash with a lein holder? [Re: leader]
plinker22
14 Point


Registered: 02/07/05
Posts: 9031
Loc: Mountians of East Tennessee

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You did it right. Some great info on this board.

Congrats to you on the bike!
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#2419273 - 06/16/11 03:28 PM Re: pay cash with a lein holder? [Re: plinker22]
762hunter
8 Point


Registered: 07/16/04
Posts: 1986
Loc: Memphis

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thanks Plinker

and thanks all for the input

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#2419285 - 06/16/11 03:37 PM Re: pay cash with a lein holder? [Re: TC4ever]
DaltonsDad
8 Point


Registered: 10/12/08
Posts: 1186
Loc: Anderson County

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 Originally Posted By: TC4ever
I don't think I would do that until HD releases it.


X100 you will set yourself up for failure Im afraid unless theres a clear titile in hand be smart
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#2419362 - 06/16/11 05:33 PM Re: pay cash with a lein holder? [Re: Big Ben]
elauwit
14 Point


Registered: 12/01/07
Posts: 8256
Loc: Near Bull Run

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 Originally Posted By: Big Ben
Contact the lien holder (HD finance) make arangements to pay off the note in exchange for a clear title.
the exact right advice.
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Covert Ops

EAST SIDE MAFIA TCB


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#2419374 - 06/16/11 05:50 PM Re: pay cash with a lein holder? [Re: elauwit]
leader
12 Point


Registered: 08/10/06
Posts: 6460
Loc: Knox

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Nice
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#2419375 - 06/16/11 05:56 PM Re: pay cash with a lein holder? [Re: leader]
Big Ben
10 Point


Registered: 03/08/06
Posts: 2688
Loc: North of Nashville across the ...

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Looks great...ride safe
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Some people should thank their lucky stars that everything I wish for does not come true

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#2419377 - 06/16/11 06:05 PM Re: pay cash with a lein holder? [Re: westtntoms]
Rob R.
10 Point


Registered: 04/25/11
Posts: 3675
Loc: Collierville TN.

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 Originally Posted By: westtntoms
 Originally Posted By: Big Ben
Contact the lien holder (HD finance) make arangements to pay off the note in exchange for a clear title.


Exactly...people do it with cars all the time.


X's 2! This is the way to do it!
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The four most wonderful words in the English language.....Take me hunting daddy!

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#2419385 - 06/16/11 06:13 PM Re: pay cash with a lein holder? [Re: Rob R.]
LA man
16 Point


Registered: 05/31/03
Posts: 18626
Loc: spencer, tn/houma, la.

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congrats and good luck, be safe on the donor bike
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GO LSU

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#2419458 - 06/16/11 08:35 PM Re: pay cash with a lein holder? [Re: LA man]
Bowdacious
16 Point


Registered: 09/01/00
Posts: 13045
Loc: over here

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Nice!!
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#2419468 - 06/16/11 08:49 PM Re: pay cash with a lein holder? [Re: LA man]
Big Ben
10 Point


Registered: 03/08/06
Posts: 2688
Loc: North of Nashville across the ...

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Is that a oil spot I see on the drive under it LOL...Guys I worked with when they bought a HD we would chip in and buy them a bag of oil dry.
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Some people should thank their lucky stars that everything I wish for does not come true

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#2419644 - 06/17/11 01:24 AM Re: pay cash with a lein holder? [Re: Big Ben]
stik
TnDeer Old Timer
16 Point


Registered: 03/12/99
Posts: 18546
Loc: lenoir city,tn

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you did good.
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