How To Sell A Harley With A Loan

Good luck to all.

How to sell a harley with a loan. If there is any money left over after paying off the loan the bank will either give you cash or a check or you can simply put the amount in your account there. The motorcycle is the financing companys security that the owner will pay back the motorcycle loan. From there you can either a sell it to the dealership where you can almost always expect to be paid less for a motorcycle with a lien than without b initiate a private sale with an exclusive buyer whod be willing to negotiate sale terms given your lien status or c sell it to a ready online motorcycle marketplace like RumbleOn.

It really is that simple. Right now through the middle of July all will qualify and were giving on-site approvals. That is assuming that you have not passed the loan onto somebody else.

The owner of the motorcycle has agreed that the specified lien holder must be paid back during a specific period or when the motorcycle is sold. Harley-Davidson offers financing to buy a bike along with parts and accessories. If not paid back in full and on time the lien holder can repossess the motorcycle.

Our process makes it quick and easy to sell. I have tried refinancing it twice and no go and i dont have 5 grand to put into the loan to sell it. Draw up a legal contract that states the terms of the payment agreement.

Weve compared the different finance and loan options for buying a Harley including in-house finance a bank loan broker finance as well as secured and unsecured personal loans. Some dealerships offer loans from manufacturers but they also might partner with third-party lenders. You may not have to sell your bike.

Can You Takeover a Motorcycle Loan. Let your buyer know that competitive financing rates and terms are available to them through your local Harley-Davidson dealer. Some lenders actually provide methods of transferring the loan for a motorcycle into the name of another purchaser.