Private sale question...
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  1. #1
    Senior Member F6Dave's Avatar
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    Credit Card!

    I know this doesn't apply here, but you might find it interesting that my dealer actually took a credit card for the full amount of my F6B. It made the deal so much easier. Of course, he had to build his fee into the price, but he still gave me a good deal. And I got a 2% rebate back from the credit card company.

  2. #2
    Senior Member jkelley's Avatar
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    Have you asked the police to run the VIN?

    IF you go out of state here and buy something that could have title issues you have a lot of loop holes to jump through to get everything corrected.
    Further if the VIN shows up as stolen they confiscate the bike, and you are simply out of luck........

  3. #3
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    I've purchased many a bike via ebay over the years with great success. One tactic that I used to ensure legitimacy of any transaction is to request a copy of seller's drivers license, and copies of all relevant vehicle documentation (title, lien release, etc). After having developed rapport with the seller and agreeing to terms/commitment to purchase, you should be in a comfortable position to ask for this information. Following this on the front end of the deal should provide some "peace" as you fully complete the transaction. Best of luck!

  4. #4
    Senior Member Big Cat's Avatar
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    You can ask the seller to fax or email a copy of the title so you can have any Honda dealer run the VIN to check for any recalls, crashes, etc. If the seller is legit, he should have no problem doing this.

    Since you are "several states" away from the seller, why not find another Forum member who lives near the seller who can go out and inspect the bike for you...as well as give you his impression of the situation. We used to do this on the GL1800riders forum all the time. Most Forum members are good guys who would be happy to help you out.

    Have you seen lots of good pictures of this bike? It sounds like you may have somewhat of a queasy feeling about this seller...trust your gut...
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  5. #5
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    Certified bank check

    This is the ONLY way to go. Safe, and if the deal doesn't work out, you can take the bank check back and put the cash back into your pocket. Since the check is made out ONLY to the seller, you have a little security from someone else getting it. A money order is similar, but a certified check is the way to go.

    What it tells the seller is that a bank is "guarantee funds", so the comfort level is there. The bank takes on the burden of the money being there, in contrast to a personal check that is only paper and doesn't mean the money is necessarily in the account.

  6. #6
    DarkSider#1617 Steve 0080's Avatar
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    Sold my Rune thru Ebay...guy put the money into my account, I emailed him a bill of sale and sent the bill of sale and the title, certified over night mail to a shipping firm in VA... truck picked up bike the next day..... money first !
    " Truth is often deemed rude, blunt and to the point which is why so few make their friend " Freddy Hayler ..352-267-1553 Sanford, FLA Gutterman6000@Gmail.com

  7. #7
    Senior Member Old Ryder's Avatar
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    Check with your bank to see if they have a location near the bike. You can do the paperwork local and have the bank near the bike cut the guy a check on site.
    "Life is hard. Harder when you are stupid"-- John Wayne[SIGPIC][/SIGPIC]

  8. #8
    Senior Member 06Blackpearl's Avatar
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    Quote Originally Posted by Big Cat View Post
    You can ask the seller to fax or email a copy of the title so you can have any Honda dealer run the VIN to check for any recalls, crashes, etc. If the seller is legit, he should have no problem doing this.

    Since you are "several states" away from the seller, why not find another Forum member who lives near the seller who can go out and inspect the bike for you...as well as give you his impression of the situation. We used to do this on the GL1800riders forum all the time. Most Forum members are good guys who would be happy to help you out.

    Have you seen lots of good pictures of this bike? It sounds like you may have somewhat of a queasy feeling about this seller...trust your gut...
    Yes I have pics ... If there's a member her that wouldn't mind I sure would appreciate but I didn't think of asking that as I'm pretty new to this forum....

    I have no concern other than checking the bike out for myself getting him paid and me a bike..
    He asked for cash which I said the bank ain't giving me cash there giving me a check made out to him.. (That's what made me ask you guys here)

    I'll see what happens in a few days . As the bank will require the vin number seller info etc.. Before check is written...

  9. #9
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    Quote Originally Posted by 06Blackpearl View Post
    Yes I have pics ... If there's a member her that wouldn't mind I sure would appreciate but I didn't think of asking that as I'm pretty new to this forum....

    I have no concern other than checking the bike out for myself getting him paid and me a bike..
    He asked for cash which I said the bank ain't giving me cash there giving me a check made out to him.. (That's what made me ask you guys here)

    I'll see what happens in a few days . As the bank will require the vin number seller info etc.. Before check is written...
    So if the bank needs a vin and seller info and will only issue a check, you must be getting a bank loan. That makes a bit of difference on how you need to process the transaction. If you are doing a loan, is there a fee to pay it off early? I ask because if the sale does not go through and you return the check to the bank you may still be on the hook for some interest and or other fees.

  10. #10
    Senior Member 06Blackpearl's Avatar
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    Quote Originally Posted by Sorcerer View Post
    So if the bank needs a vin and seller info and will only issue a check, you must be getting a bank loan. That makes a bit of difference on how you need to process the transaction. If you are doing a loan, is there a fee to pay it off early? I ask because if the sale does not go through and you return the check to the bank you may still be on the hook for some interest and or other fees.
    Yes it is a loan... There is no fees for early payoff and if I don't go through just bring check back find another bike in the allotted time frame and they will issue another for the same amount ...

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