answersLogoWhite

0


Best Answer

You would need to have a clear title, so make sure the lien holder is paid out of the amount you agree to pay the current owner. This might mean a direct payment to the lien holder with the remainder going to the current owner. Check in with your local DMV to see what you would need to do.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How to buy a motorcycle when there is a lienholder?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you sell a motorcycle with a lien?

You will need to pay off the lien first, or arrange with the lienholder to be able to make a sale.


How do you get your motorcycle title after you paid it off?

The lienholder will sign off on the title and send it to you when they receive your last payment.


Can you buy a motorcycle without a license?

Can u buy a motorcycle without a license in Florida


Do I have to buy a motorcycle helmet to ride in NC?

Yes, you are required to buy a motorcycle helmet to ride in NC and obtain a motorcycle license. This applies to all motorcycle riders regardless of age or motorcycle power.


Do insurance companies contact the lien holder if insurance is cancelled on an automobile or motorcycle?

Yes, they do let the lienholder know when it has been cancelled or if the full coverage has been cancelled.


Can you buy a motorcycle with out a license in MA?

yes. it is possible to buy a motorcycle without a license but you have to get your license before you operate it


If a motorcycle was to be repossessed but was hidden for years would it come up as stolen or as having a lienholder if the DMV were to run the VIN?

IF it was REPORTED stolen, it would show as such. IF there was a lien on it, it would show as such.


Who receives the check when your motorcycle was stolen?

If there was a lien on the motorcycle for a loan used to purchase it the lienholder should receive the check. Any amount over the balance due on the loan should be sent to you. If you owned it outright and are the only person on the title then the check should go to you.


Can you buy a motorcycle in Canada?

Yes


Is it smart to buy a totaled motorcycle?

no


Where can you buy motorcycle gear in Tallin Estonia?

most likely you can find it in the motorcycle store


Buy a motorcycle in Texas how much is sale tax?

6.25 % of total price of motorcycle