A seller bought a new viffer from a dealer just a month ago and is selling it after only putting 30 miles on the bike. He says medical issues put him out of commission. The bike is described as flawless. Photos seem to agree. What do I need to look out for here? Being paranoid as hell, I'm assuming he financed the vehicle. If so, would there be a lien on the bike? Can I get stuck with buying only to find out the bank owns it? Thanks for any advice! abbq
You might want to look into taking over his payments if he's still paying for it. You'd only have to give him his deposit back I'm sure. It doesn't seem like you're going to get a great deal with this purchase so that's something to consider also. not sure if the PO would take a loss.
First you need to find out if he pay off the bike If yes then proceed with your purchase If not........How much he own and how much he ask ? You can pay off the bike for him and have the Finance inst. send you the title.
