Buying a motorcycle

[soup7562]

I am considering buying a motorcycle. The current owner still owes a considerable amount on the vehicle. His asking price is just enough to cover his current loan. He states that I can make a Certied check out to the finance company and take possesion of the bike, and he will notify me when the title comes in. Is there a way I can ensure that I receive both motorcycle and title?

 

[HJKINLA]

Yes, deal directly with the financing Co. Have the now present owner sign over all rights to you, have it notarized, take possession the bike while submitting payment to financing Co. Make sure the bill of sale is paid in full and is between the financing Co. and You.