October 9th, 2015, 07:54 PM | #1 |
ninjette.org guru
Name: Rob
Location: Texas
Join Date: Sep 2014 Motorcycle(s): 2004 Ninja 250 Posts: 342
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Mechanical lien
I'm looking into buying a motorycle with a mechanical lien, is it worth it? Any experience with it? Is it a lot of trouble?
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Before life ends, Some people want to climb Mount Everest, some want to go to Disney Land, some people want to visit Paris. Me, I want to ride a motorcycle. |
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October 9th, 2015, 08:43 PM | #2 |
Track Clown
Name: Chris
Location: Kingman, AZ
Join Date: May 2012 Motorcycle(s): '08 250R, 21 MV F3 800, Kawasaki 400 build Posts: A lot.
MOTM - Sep '15
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bad idea, never buy anything with a secondary lien on it.
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October 9th, 2015, 08:43 PM | #3 |
Participant
Name: Dave
Location: South of Seattle
Join Date: Oct 2012 Motorcycle(s): '94 K75 std Posts: Too much.
MOTM - Aug '15
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Current owner should settle lien before you consider buying it.
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October 9th, 2015, 09:38 PM | #4 |
ninjette.org certified postwhore
Name: Jason
Location: Monroe, MI
Join Date: May 2013 Motorcycle(s): '75 CB550:.'82 XV920:.'00 KLR650:.'00 EX250:.'08 Ninja 250 Posts: A lot.
MOTM - June '15
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The shop has to take ownership before they can sell it to you. Once they become the legal owner. The it can be sold. The lein is to try to get payment from the owner.
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'82 XV920: Soon to be tracker--'00 KLR685:adv --'04 DRZ400E--'12 Super Tenere --'13 Versys Ride more, worry less. |
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