How To Sell A Harley With A Loan
The motorcycle is the financing companys security that the owner will pay back the motorcycle loan.
How to sell a harley with a loan. Once we find your low fixed rate loan well be back in touch with you to discuss details of your loan and the motorcycle you want to buy. Additionally once the motorcycle buyer enters the showroom a slick salesperson can often pressure many buyers into motorcycle loans that are not in the buyers best interest. Our process makes it quick and easy to sell.
Sell your Harley-Davidson or other motorcycle today for fast cash. Many personal loan providers offer loans up to 50000 and allow you to use your funds for any legitimate purpose including buying a new motorcycle. The owner of the motorcycle has agreed that the specified lien holder must be paid back during a specific period or when the motorcycle is sold.
For example a 2019 Harley-Davidson Street 750 model in Vivid Black with sale price of 7599 10 down payment and amount financed of 683910 60 month repayment term and 399 APR results in monthly payments of 12592. Instead refinance your Harley Davidson with us. If you fall behind on your payments the lender can take back the motorcycle as security.
If youre nervous about it you can even fill out your loan application online. It really is that simple. We save owners on average 150 a month on their payments across all vehicles.
Our dealer partners have access to Harley-Davidsons Rider-to-Rider Financing Program and can walk you through this process. This information is more important for those looking to sell their bike. You can apply online or at an official Harley-Davidson dealer.
From there you can either a sell it to the dealership where you can almost always expect to be paid less for a motorcycle with a lien than without b initiate a private sale with an exclusive buyer whod be willing to negotiate sale terms given your lien status or c sell it to a ready online motorcycle marketplace like RumbleOn. Draw up a legal contract that states the terms of the payment agreement. Unlike a lease you can sell a vehicle that you purchased with a loan.