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  #1  
Old 05-17-07, 10:41 PM
Murphy_101's Avatar
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Hey my names Chris I just got my MC license through the MSF course last week. From the South Shore and *****RIDE AN 03SV650S*****

Just got it tonight bikes in my hands first bike....check

Ok so I got my bike that I had posted about with the 10,000miles on it.

My only thing is the dude i bought it from didn't have the title because he still owed money on it,so I didn't recieve the title.

I paid cash and he wrote up a bill of sales stating vin# mileage etc... gave me his registartion and a past bill already paid, also his plate, I don't believe this guy is gonna screw me or anything very nice dude.... Whats done is done but did I go about this the right way becasue I still don't have the title and he has to pay for the rest of the bike then get the title and mail it to me, signed over to me. I think i have enough proof that i bought the bike but just don't have the title (suzuki does)

Thoughts??
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  #2  
Old 05-17-07, 10:48 PM
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Quote:
Originally Posted by Murphy_101 View Post
Hey, my name is Chris. I just got my MC license through the MSF course last week. I am from the South Shore and I ride an 03 SV650.

Just got the bike tonight, my first bike!

I ended up getting the one I posted about with 10,000 miles.

The dude i bought it from didn't have the title because he still owed money on it, so I didn't recieve the title.

I paid cash and he wrote up a bill of sale with the vin# mileage etc...and he gave me his registration and I still have his plates.

I still feel ok about this purchase, since I think i have enough proof that I bought the bike but I just don't have the title yet until he pays off the lien and gets the title from the state.

Thoughts??
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  #3  
Old 05-17-07, 10:51 PM
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Well obviously its "WICKED PISSAH" I got a bike but any thoughts on how I bought it ??
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  #4  
Old 05-17-07, 10:54 PM
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I kill myself.....

Congrats!
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  #5  
Old 05-18-07, 02:32 AM
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This kind of deal always makes me nervous as hell, but no one I know has gotten burned this way. If he decides to book with your cash and not pay off the loan, you become the proud owner of a stolen bike. It's an unlikely scenario, but it's always in the back of my mind and I avoid the situation like the plague.

wylee <----paranoid
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  #6  
Old 05-18-07, 04:32 AM
beet's Avatar
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Quote:
Originally Posted by wylee View Post
This kind of deal always makes me nervous as hell, but no one I know has gotten burned this way. If he decides to book with your cash and not pay off the loan, you become the proud owner of a stolen bike. It's an unlikely scenario, but it's always in the back of my mind and I avoid the situation like the plague.

wylee <----paranoid
Except Kham
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  #7  
Old 05-18-07, 05:41 AM
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Welcome.. So what do you think about Costa Rica ???
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  #8  
Old 05-18-07, 09:47 AM
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The guy would be an idiot to put a posting on a public site and then try and screw you. Afterall you have NESR posts to back up your story.

I'd contact Suzuki and stay on top of the guy to make sure you get that title ASAP.
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  #9  
Old 05-18-07, 10:32 AM
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well I hope and trust the dude gonna get me the title asap but in the mean time, I want to do all regular maintenance while I wait for the title. I want it ready to ride when I get it registered and insured, and peace of mind that all maintenance is up to date. Any suggestions on what to do?

Lube chain(needs to be done)
Oil change
???
What else cause Im new to this bike biusness and I want to do all the maintenance myself (unlike my pos car) kinda to keep me busy one of the reasons I wanted a bike.

Also I don't really know if it is or isn't but the chain feels like it has just a small amount of play in it(what do I do?)
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  #10  
Old 05-18-07, 11:25 AM
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Did the seller tell you who has the lean on the bike? You might want to call them to see if the loan has been paid and if the title has been sent out. When I bought my bike the bike had a lean and I cut the check directly to the lean holder and then cut a check to the previous owner of the difference.

Good luck hope it comes together for you
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  #11  
Old 05-18-07, 11:33 AM
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I just sold my bike that way, I had a loan on it.

The only thing I would have done differently if I were you(and this is how my buyer did it), was I would have sent a cashier's check directly to his bank for the payoff amount, then hold any additional cash you owe to the seller. I gave my buyer the bike, and he owed me money until I handed him the title...worked well all around.

Hopefully his bank is quicker than mine was, it took about 3 weeks before I got the title.

Congrats on the new bike, looks like a nice one.
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  #12  
Old 05-18-07, 12:16 PM
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I did that when I bought my Ducati a few years back.

It took over 3 months for the title to finally surface.

I'll never do it again. It wasn't the sellers fault, the loan was sold to another loan company which then changed locations and blah blah blah blah. I had a useless bike that I was making payments on for nearly 4 months.

Good luck man.
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  #13  
Old 05-18-07, 12:39 PM
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thanks hopefully all work out quick enough a buddy told me that once the payment is made at yamaha any way you can get the title speed delivered or something
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  #14  
Old 05-18-07, 12:45 PM
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I think the SV is a Suzuki dude
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  #15  
Old 05-18-07, 12:56 PM
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[quote=KillBill;366800]I think the SV is a Suzuki dude [/QUOT

I know that but my buddy had a yamaha and they do something were they can do a quick delivery of the title, so hopefully the same is for suzuki financing
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  #16  
Old 05-18-07, 01:42 PM
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lack of content...
 
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maintenance on newly acquired bike:

-oil change + filter
-air filter
-lube chain
-brake pads
-bleed brake fluid
-lube control cables
-check tires for any dry rot and/or damages.

Q
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  #17  
Old 05-18-07, 03:21 PM
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Thanks Q
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  #18  
Old 05-18-07, 04:59 PM
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Quote:
Originally Posted by Qfactor View Post
maintenance on newly acquired bike:

-oil change + filter
-air filter
-lube chain
-brake pads
-bleed brake fluid
-lube control cables
-check tires for any dry rot and/or damages.
-wheelie it
-put a Kerker on it

Q
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