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post #11 of 13 (permalink) Old 10-28-2012, 08:12 AM
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Join Date: May 2010
Location: The Left Coast
Posts: 2,178
The best way is face to face with cash. I'm sure there are escrow companies that can handle the transaction if your not comfortable with it. I've always managed to sell my bikes to friends or get great deals as a trade-in.
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post #12 of 13 (permalink) Old 11-04-2012, 02:23 PM
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Join Date: Sep 2010
Location: N.E. MA
Posts: 197
I bought my bike by "Cash" Bank Transfer

My Bank to Fed Reserve to His Bank

Takes about 1 hour after it is pre-set up ...

No Risk ... money wise


If the seller has to wait for the title from the bank ... the buyer may be waiting forever ... if seller is lazy, busts out, runs away, goes to jail, dies, wifes protests ... you get the idea - you get zip (or a law suit)

HD will ONLY send the title by mail to the person listed on it, regardless of who pays it off, unless a court order is demanded and the court has to be where the bike / title / county / state ... is. (ie - not your home state usually)

The seller can have a lawyer work with the buyers lawyer - alot less risk - about $300 per lawyer. $300 could save you $20,000 in head aches ....

or things could work out fine - feel lucky ?

What a Long Strange Trip It's Been
2009 FLTRSE3 RG SE 110 Electric Orange
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J&M 7 1/4's & 250 amp
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post #13 of 13 (permalink) Old 11-04-2012, 04:56 PM
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Join Date: Oct 2010
Location: Upstate, NY
Posts: 556
I would wait till the bank check is clear then send the bike with the shipping company.I then would send the title overnight mail with return reciept request to prove he recieved it and do the same with the lien release when that comes in. I would definitley would not send the title with the bike.The title will beat the bike to the new owner anyway. In Ny you can register the item and the lien will show up on the title of the new owners title then he could save the release till he sells it or retitle it later. If it were me, I would wait until paperwork was in hand to register the bike. I have done this and had no problems as long as all players are on the same page.

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