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Old 11-07-08, 03:42 PM   #11
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Default Re: Buying Advice

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Originally Posted by svracer12 View Post
The other way of buying something with fiance on it I have heard of is that you get the seller to give you the total outstanding amount on the bike still owed, get a statement from the fiance company showing still what is owed, if possibale speak to them to confirm this.

Then make a cheque out for the amount still owed with the fiance companys name on it, and send it to them. Whatever is left pay in cash to the owner.

Then by doing it this way you know and have confimred that the fiance has been payed off.

As mark said get someone to look over the bike with you. Its worth doing a HPI check there are lots of stolen bikes out there and make sure the V5 matches what you in front of you.
+1......get a settlement figure from the finance company and right a cheque to them for that amount....whatever is left from the asking price give it to the owner
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