Bike chats

ducatimito · L Plate Warrior Joined: 15 Apr 2014 Karma :

Just been to view a motorbike

the HPI check i did showed outstanding finance .

now seller said it was paid off but it would take up to 6 weeks for this to
clear for the online checks .

i really want the bike as it was an excellent price but .....

what are you thoughts ?

its crazy its the buyer responsibilty and not the sellers , it them who sign the agreements and then sell on illegally , and the finance company that make the money from the risk of loan .

BrownTrousers · Trackday Trickster Joined: 08 Sep 2013 Karma :

It may take weeks to clear the hpi system but within a few days they will have received a final statement if they really have paid it off.

Ask to see that.
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Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

Or just contact the finance company.
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kerr · World Chat Champion Joined: 08 May 2011 Karma :

ducatimito · L Plate Warrior Joined: 15 Apr 2014 Karma :

ok , i am going to pull out of this one .

the finance was taken out on june 2014 , when i pointed out this
he said he took a loan out and paid it last week .

so could be true or he is a quick thinker , but tbh its not worth the risk for
£2500 .

£7 wasted on the check but i suppose that is what its for .

Benjums · Scooby Slapper Joined: 12 Jun 2012 Karma :

If he took a loan out from the bank then I don't think it would show on a hpi check against the bike, I may be wrong there though. Sounds dodgy I would do what your doing and walk away.