Harley Lien Satisfaction Letter
Elite HDF Member
Joined: Apr 2009
Posts: 3,780
Likes: 69
From: Al Bu Ker Key, New Mexico
Guys, this thread begs a question from me. I am in the process of buying a bike from a private seller who has it financed with EagleMark (HD Finance). He wants me to pay him his asking price but cant get the title until HE PAYS OFF EagleMark. I am uncomfortable about handing him cash and taking the bike and then waiting for him to provide me the title once he receives it from EagleMark. (My mom didnt raise no fool) How does one do this deal in a situation like this? He doesnt have the scratch himself to pay off the loan in order to get the title in hand when I show up for the purchase.
Big Kahuna HDF Member
Joined: Feb 2006
Posts: 23,881
Likes: 34
From: USA
Guys, this thread begs a question from me. I am in the process of buying a bike from a private seller who has it financed with EagleMark (HD Finance). He wants me to pay him his asking price but cant get the title until HE PAYS OFF EagleMark. I am uncomfortable about handing him cash and taking the bike and then waiting for him to provide me the title once he receives it from EagleMark. (My mom didnt raise no fool) How does one do this deal in a situation like this? He doesnt have the scratch himself to pay off the loan in order to get the title in hand when I show up for the purchase
Take it to a dealer and pay the paperwork charge
Take it to a dealer and pay the paperwork charge
Tourer
Joined: Dec 2009
Posts: 433
Likes: 0
From: Northern Alabama
Guys, this thread begs a question from me. I am in the process of buying a bike from a private seller who has it financed with EagleMark (HD Finance). He wants me to pay him his asking price but cant get the title until HE PAYS OFF EagleMark. I am uncomfortable about handing him cash and taking the bike and then waiting for him to provide me the title once he receives it from EagleMark. (My mom didnt raise no fool) How does one do this deal in a situation like this? He doesnt have the scratch himself to pay off the loan in order to get the title in hand when I show up for the purchase.
Road Captain
Joined: Feb 2011
Posts: 672
Likes: 23
From: Umatilla, Fl
Write the check to Eaglemark. It the purchase price exceeds the loan value let EM give the seller back the difference. If the purchase doesn't cover the note, well I think I wouldn't touch that one unless the seller gives you the short fall in cash at a bank where you could then get a cashiers check to pay off the note. It can be done, but as the saying goes - buyer beware.
Thread
Thread Starter
Forum
Replies
Last Post
