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Old June 10th, 2018, 11:16 AM   #1
kdogg2077
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Name: Alex
Location: Ebensburg, PA
Join Date: Sep 2013

Motorcycle(s): 2015 Yamaha FZ07, Ninja 250r 2012 Limited Edition (Sold)

Posts: 529
Buying a bike with a lien?

So I found a good deal on a bike I've lusted after for some time but there's a catch as always. It's 3 hours away and the bike is under a lien.

Has anyone been in a similar situation? How did you handle it?

I'm assuming I would have to:

Pay for the bike and take possession of it. I'm guessing I couldn't ride the bike since I can't get insurance until I'm the official owner? So I'd need to trailer it?

Then wait for the owner to get the title from the bank and do a title transfer. I live in PA and I believe that banks will hold onto the title until the bike is paid for. They did when I got a loan to buy an FZ07 a few years ago.

Any help appreciated. As usual PA laws make buying a vehicle a huge pain.
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