Every state is different.

HD Financial doesn't have branches, so "going directly to their bank" wasn't an option in his case.

 

That last sentence made me cringe. There's no way to make sure anything is legit anymore but you can always cover your *** with proper documents so you won't end up without a bike and the cash you paid for it.

I did find this off of the SOS website.

"Once you have found the vehicle you want to buy, you will need to properly title, register, and plate it. It is best if you and the seller go together to a Secretary of State office to complete the title transfer. If not, then before leaving with the vehicle make sure:

• The seller gives you the title. Making changes on a title, such as crossing out a name, invalidates it. Copies are also not acceptable. The seller must complete the seller's portion of the title assignment, including the odometer disclosure statement, and sign it.
• There is no outstanding loan against the vehicle. A title cannot be transferred until the vehicle loan is fully paid. A representative from the bank or financial institution that administered the loan must either have signed the title or provided the owner with a lien termination statement.
• The odometer reading entered by the seller and vehicle identification number (VIN) on the title match the vehicle's odometer reading and VIN.

You do not need a license plate to drive a newly purchased vehicle directly home within Michigan within three days of purchase. Carry the assigned title with you. Never use a plate from another vehicle as a substitute.
If you do not complete the title transfer with the seller at a Secretary of State office, you have 15 days from the date of sale to transfer the title into your name to avoid a $15 late fee. A use tax and title transfer fee will be due."




Sounds like you're going to end up with a (thankfully cheap) late fee but there should be an easier way to do this. A wire transfer or overnight check with a fax back from the bank saying the lien was terminated may have worked. That's basically what I ended up having to do. My bank got the cash and said they would send the title straight to his bank and faxed over the signed documents to his bank as well. Not much you can do now besides wait.




Personally I would never deal with HD's bank (Eaglemark Savings) ever again.

 

Exactly right, hd financial, or eagle mark savings bank does not have a branch. Checks were sent thru the mail. Also the purchase was made in Kentucky, I live in Michigan. So after bike was picked up all contact has been made over the phone. I had money in hand, should have looked a little longer for a bike. I just knew there are not a lot of sedona orange street glides for sale out there right now. The person I purchased bike from seemed very nice. I just think she is getting tired of me calling her asking questions. I'll give it till the end of the week, then I have to pursue a different action. This will be 4 weeks.

 

This is going to take a while since their was a lien. My state, Kansas, is an electronic title state. The title is held at the State until the lien is satisfied. Not sure about Kentucky. So you have HD Financial taking their sweet *** time and then the state of Kentucky taking their sweet *** time. I think you will be fine, just be patient. Can you get a 30 day tag at a dealer? I did look at HD Financials website and they do accept personal checks, I was mistaken about that part. I think this could easily take 6 to 8 weeks though.

 

What he said about HD Financial...................I'm sure you're fine, but I would be loosing sleep too.

 

It's my understanding from previous threads that HD credit is slow, but they will come through. Many on here have experienced the same thing from them.
Imagine that?

 

Have old plates? If so, I'd make copies of all the documents to prove you paid for it. Insure it, being sure the insurance is active based on the paper you have. And ride. Unless you do something stupid, cops won't hassle you too bad -- especially if you have teh required motorcycle endorsement. The insurer can hassle you over any needed claim involving the vehicle in motion if its not properly plated, but I believe you can beat that IF it comes up and you are not in violation of other traffic laws. I rode mine this way for about a month as I could not manage to get the plate. (I may have used the seller's plate ... .) Good luck.

 

they took my check for payoff . i also will never use them again and it took me almost a month to get everything from them. id be riding the bike anyways, like stated above, just have paperwork with you

 

FYI, when I paid my bike off, it took Eaglemark (HD) about 6 weeks to send the title.

 

Same thing happened to my son. Its HD Financial thats the slow one. He waited a good 6+ weeks for his. But he drove it anyway and carried all the papers with him while riding