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I'd explain the situation to the Dealer on the FXR... and let them sell it.
I'd think the dealer would keep the deposit and sell the bike.
Well Lori heard back from the dealer. In that the FXLR was financed through HD and not that dealership directly, their hands are tied and cannot do anything to help. They stated that they had some similar models in inventory and on the floor that have not sold so they do not want to take this one on. So we can go pick up the HDs however, she is going to need to iron out how to sell them with that sticky title situation attached.Interesting...
I don't understand dealers sometimes. Nobody from our family will ever go there again .....Good luck in trying to help, I hope it works out. These can be emotional times, and things that you don't think will be a big deal can turn out to be!Lannis
I think I'd tell 'em to keep the bike and try to collect from a dead man.
Well, the financing was through HD and he had paid some on it so it really is not their issue... I guess. She would like to realize a little money out of this as well so we'll see what happens.Best,Rob
Wait, she wants the deposit back or she wants to get out from under it?Maybe we could learn how much he put down on the bike first?I was thinking that dealer could keep the bike and keep the down payment and everyone walks away. If you're saying she wants some of the deposit back, then we need to know how much they're talking about.
I still don't get it. Is the lady trying to get out from under the bike or is she trying to get a refund?If it's the former, she could just walk away, if it's later she might have to sell or go consignment, depending on the equity she has in it and what she expects to get back.
I think it's pretty clear that the lady doesn't just want to give the bike away for the balance of the loan.Just as an example, if the original price of the bike was $12,000, the owner made a $2,000 down payment, and paid $2000 on the principal, and the estimated net to the widow after a consignment sale would be $9,000 ... she doesn't want to walk away from the $1,000 net she would have after selling the bike on consignment and paying the $8,000 balance on the loan off.I wouldn't either if I were trying to set up a new life after my partner was gone .... Lannis
around here - some dealers will let you purchase a motorcycle in the winter and they will store it for free until the weather improves and then you come get it. In the mean time, you make the payments, keep up the insurance, etc.Our local dealers used to take bikes in on consignment, but they have so many of their own now, that most have stopped offering this service.
So I will pick the two HDs up and we will try to sell them for her.Rob
I'll share one more cautionary tale... At any rate, friends and relatives took sides, lies were told, some folks kept quiet under libel to keep the trouble from spreading, and it was all in all a bad experience.Just sayin'. These are emotional times.Lannis
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