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finance question
bezzabsa:
cant remember if i posted this before- but due to me having the start of arthritus in my left knee it looks like my bike riding days are over :( .. right so I have a 2004 suzuki bandit 600 on finance - still has 11 months left to pay, can I legally sell this and pay the balance off - or even sell it and transfer the hp to someone else????
dont want to sell - but no point in having a bike that im paying for but cant ride .. I wopuld be willing to sell it for the settlement figure + £500 for me - which is a big saving for someone.
its a 2004 with 5500 miles on the clock, has race exhaust (with standard available) corbin style saddle (again standard avail;able) colour matched hugger, and colour coded front fly screen...
and with hugger and new can
smo:
Yes to selling it with outstanding finance the paying it off, however many wont like this and prefer finance to be clear first.
Transferring finance...not sure if you can do this.
LCW11:
If you sell it.. which legaly you are not ment to
YOU ARE SOULY RESONSABLE FOR THE PAYMENTS
So if some one buys it saying they will pay the remaider
payment. and dont.. they will come to YOU for payment
Be carefull m8
Lee[/url] nice bike thow..uset to have a 1200 myself
fudge:
Your best bet is to sell it and take two bankers drafts, one for the finance co and one for the £500... check both drafts with the issuing bank / building society, you can not transfer the HP agreement to another or better....
Be aware that Bankers drafts & Building Society Cheques CAN BE CANCELLED and are not as good as cash, which has about £25m dodgey £ 20 notes at the mo, if at all possible you should call the finance company on collection of the bike and get the buyer to pay the finance off on a switch or credit card there and then.... make sure YOU dial the finance co and speak to them first and that you speak to them after too...
[!Expletive Deleted!] world we live in!
sashbash:
hi how much is left to pay do you have a setelment fig i know some one who is after a bandit
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