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I will be home for the next couple weeks and I'm looking to sell a few of my bikes before I head out to Europe again. My r1 still has a small loan on it that I can pay off but I won't get the title back before I have to leave again. I figured just selling it and haveing the buyer payoff the loan is my best bet but I have never done it before. Is it an easy process if I financed through Yamaha or is the buyer and myself going to jump through hoops? I'm going to sell it pretty cheap-ish just to get it gone and I am hoping a buyer will be willing to deal with the loan payoff if the price is right.
I really have no idea how the whole process works. I'm guessing the buyer calls the bank and pays off my loan balance and the title goes directly to them or is it more complex than that? If I don't sell it in the next few weeks it will spend another year in storage dying.