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Bike selling advice
Hi all, I'm seriously considering selling my 2016 ZX10r. I currently owe the equivalent to the current book value. I've never sold a vehicle before of any kind so I was just looking for advice given my situation still paying it off etc. Thanks
Join Date: Oct 2011
Tough position, especially this time of year. Most buyers would be weary of a lien on the title unless you can physically go to the bank together to do the transaction and have the bank release the lien/title upon payment. otherwise the whole trust thing comes into play. Or, you could trade it in and get something else- you might be upside down on your trade a bit but if you're trading it in and getting something else most dealers will work with you one way or the other, up or down. Or, if you have a 401k, use that and take a loan to pay off the bike. then repay your loan out of your 401k once it's settled. I've done that before in order to have the title in my hand ready to go at time of sale.
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