Trackbike without a title

[tommymac]

Originally Posted by Phenix_Rider

The next few days will determine if I ever do it again. Mine has a title, it just missed an owner. The guy that actually has it seems okay, but hasn't mailed it yet. Next time it will probably be "title now or no deal."

For a track bike I dont think its as big of a deal since it will never be registered or insured. if someone owes the bank money or something I dont care too much about that just more concerned that its not stolen or anything like that.

Tom

[OTB]

Originally Posted by tommymac

For a track bike I dont think its as big of a deal since it will never be registered or insured. if someone owes the bank money or something I dont care too much about that just more concerned that its not stolen or anything like that.

Tom

You don't get it: if the lien isn't paid, the bank has the right to repo the bike even if you have a "bill of sale": they have legal title to the bike, not you.

[tommymac]

Originally Posted by OTB

You don't get it: if the lien isn't paid, the bank has the right to repo the bike even if you have a "bill of sale": they have legal title to the bike, not you.

I got that part as well, I was figuring as a track bike it wouldnt be registered or insured so it would be rather difficult to find anyway. However its all moot anyway I did the carfax with the vin he provided and its a salvage title. He told me it had fallen off a trailer so i will get more detail on that and have a mechanic friend look the bike over as well and see if its worth buying.
Tom

[Phenix_Rider]

Originally Posted by tommymac

I got that part as well, I was figuring as a track bike it wouldnt be registered or insured so it would be rather difficult to find anyway. However its all moot anyway I did the carfax with the vin he provided and its a salvage title. He told me it had fallen off a trailer so i will get more detail on that and have a mechanic friend look the bike over as well and see if its worth buying.
Tom

Salvage title on a track bike is fine by me, obviously. Insurance can total a bike for stupid stuff- if it costs to much to replace the plastics for example. I say ride it, make sure it tracks straight, runs right, and clicks through the gears.