when buying a bike but financing... how do i get the title?

J

Justin

New member
im buying a bike from a seller for 3500 and im financing it by paying 500 a month however i can not be ensured without the title and she wont give me the title until i fully pay the bike
its a private seller and can u break it down for me to understand i mean what are the exact steps i have to do to get the transfer complete? even if i get the title afterwards..
 
Might be different where you are but here in louisiana the lien holder (person lending you the money) keeps the title till it is paid off.

You do some paperwork, sign the back of the title along with the seller, and then you receive the registration and license plate from the DMV, the lien holder receives the new title with your information on it. You take your registration to the Insurance office, they get the vin and other information from the registration and give you your insurance.


is the seller doing the financing and is it a private sale or through a dealership?

I don't like having private sellers financeanythingg because in general the foul things up because they are not used to lending money ordoingg bills of sale and other things.
 
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