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|General Sportbikes This area is for sport bike discussion in general. Topics that don't really belong anywhere else can go here. Questions can be answered and addressed to fully understand certain aspects of the sport. If your question is manufacturer specific please post it there.
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|The Following User Says Thank You to SamanthaSchou For This Useful Post:|
|The Following User Says Thank You to blackripley For This Useful Post:|
I am familiar with California as well and have two comments
a) the 7,500 mile bit is real so be sure it does have / can have that many miles. You didn't say.
B) as good a deal as it may be the seller must, as you suspect, do a lot of follow-through that may or may not happen readily. For me that alone is a deal breaker. No title? Too much risk.
From what state is this bike? Is it a deal enough that you will consider going to his bank and pay off the bike, giving him the residual money and getting a title? More probably this bike is financed by an out-of-area finance company that may take 30 or more days to forward the title to the seller. No dice.
|The Following User Says Thank You to rgbeard For This Useful Post:||
|The Following User Says Thank You to porky786 For This Useful Post:||
I opened her up just once to see what I would be dealing with, and saw the face of God!
I have been on liter sport bikes, big torque cruisers...but nothing compares to the thrust these damn things hit you with. If you are going to grab the throttle, just make sure you have a whole lot of empty road ahead of you...feels like God placed his boot on the tail end of the bike and shoved you forward - really, really hard!
You havent actually seen the bike in Person, so condition means SQUAT?
Being it is California, an added Barrier, I say walk and find another deal in California.
As far a KBB, its always High and over priced
|The Following User Says Thank You to porky786 For This Useful Post:|
I have seen it in person and test driven it. Bike is fine brakes needed bleeding it was late he ran out of dot4 stores were closed etc. Otherwise I would have had the bike in my possession right now. Could be a good thing that happened.
Other than not having the title, what would him not paying off the bike do to me? Could I just file for another title using the bill of sale?
So allow me to get a little "technical" since you seem to need the information down to this level
The seller of the bike is not the owner at this time. The bike is owned by the bank/finance company that holds the title.
The bill of sale would exhibit INTENT for the person paying on the bike to transfer it to you but means NOTHING to a DMV agent. The true owner is whomever the title states or the legal leinholder.
If he doesn't pay off the bike it's still property of the bank. It is not yours. Yes you have legal recourse to sue the seller but it will be costly in time and money.
The leinholder must receive full payment to release the bike to the seller so he may in turn transfer it to you. Giving cash to the seller does nothing to accomplish this.
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|Purchasing First Bike||gordo||New Riders||11||05-10-2008 11:28 PM|