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-   -   Selling something...that's not yours (https://www.homemadeturbo.com/general-discussion-6/selling-something-thats-not-yours-77059/)

Dr.Boost 04-25-2007 11:57 PM

Re: Selling something...that's not yours
 

Originally Posted by 88dx
whats if for?

A dirtbike. My baby. :'(

I'm thinking I'm going to have to convince the girlfriend to transfer the balance onto one of her credit cards. I wonder how she'll feel about taking on a $3600 debt for me. :P
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sunboost 04-25-2007 11:58 PM

Re: Selling something...that's not yours
 
im assuming this is for is for a car, if you got your loan throught the bank, go with the person whos buying and pay the loan on the spot and tell them the situation. they should transfer the title to the buyer. and the buyer will recieve paperwork in a few weeks. if person it mistrusting still, write up a contract and both of you sign it

88dx 04-26-2007 12:00 AM

Re: Selling something...that's not yours
 
U still owe 3,600 on a dirt bike :o

Dr.Boost 04-26-2007 12:06 AM

Re: Selling something...that's not yours
 

Originally Posted by shadow
im assuming this is for is for a car, if you got your loan throught the bank, go with the person whos buying and pay the loan on the spot and tell them the situation. they should transfer the title to the buyer. and the buyer will recieve paperwork in a few weeks. if person it mistrusting still, write up a contract and both of you sign it

The bank isn't local. :-\


Originally Posted by 88dx
U still owe 3,600 on a dirt bike :o

Yep, original loan amount was for $6500 in ~Sep.02. :-X You can tell I've been making heavy payments on it ever since. :X
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MikeJ-2009 04-26-2007 12:11 AM

Re: Selling something...that's not yours
 
Have him pay for it, give him the dirtbike and a typed piece of paper saying he paid for the bike and the whole situation. Add a penalty of $300 to yourself if the whole transaction isn't smoothly handled by (enter date here).
He'll have the bike, and a piece of paper saying he paid you for it and the penalty etc..... The only way he could get fucked is if you don't pay it off and the bank wants the bike back.

buk9tp 04-26-2007 12:58 AM

Re: Selling something...that's not yours
 
---- figure in atleast a ------- month from start to finish for the guy to get his title :X

if its a serious buyer he'd have no problem.. if i was doing this and buying a bike off someone and going through all that trouble i better be ------- getting the bike for 500 off whatever the vallue is :X

just not worth the hassle when you can just go out and buy another bike with no bs for the same price

tell your gf you love her and that you need to do this for "us" and just foot her the tab O0 then when you get the 3600 go out and buy another toy to piss her off >:D

LSD Motorsports 04-26-2007 01:06 AM

Re: Selling something...that's not yours
 
Justin, make it easy on everyone, just go to a notary public. If you suggest it for his protection, im sure he will know you intend to deliver. So thats the legal way to do it, so good luck man.

Random Hero 04-26-2007 01:38 AM

Re: Selling something...that's not yours
 

Originally Posted by LSD Motorsports
Justin, make it easy on everyone, just go to a notary public. If you suggest it for his protection, im sure he will know you intend to deliver. So thats the legal way to do it, so good luck man.

Exactly, A notary is the only legal way of doing something like this, it will completely hold up in any court. just let him know what the situation is

d16forlife 04-26-2007 07:59 AM

Re: Selling something...that's not yours
 

Originally Posted by Dr.Boost
So the buyer will only receive this piece of paper as proof of ownership until the title actually gets transfered?

Just have it notarized. Unless you have a lawyer on retainer that will be your best bet :y

90accordIHI 04-26-2007 08:08 AM

Re: Selling something...that's not yours
 
dirt bikes have titles? wtf


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