Quote:
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.
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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