I need some help thats not Z related. Super Important. Minsu

Minsu · 11-28-2014, 09:50 AM

Mods this is urgent, could you keep this here for just today then move it.

So im getting my first bike and im not part of any other forum..cause you know i love you guys

Heres the issue, Lets call him Mr.C.
Mr. C has the bike but not the title, cause he didnt pay it off yet.
I would give him the money, we both go to the Credit union where he got the loan, he would pay it off, we would both sign documents saying it was paid off. Then we would go to the CT DMV and print out the bill of sale form. And basically when he gets the title, i will either go and get it to get to signed over to me or we will meet somewhere and get it done.

Im going to his house to see the bike and making copies of drivers license and getting everything we need to get notarized, notarized.

Hes a cop...btw.

So what are your thoughts, did i cover my *** enough to not get burned?

mishuko · 11-28-2014, 09:55 AM

he may be a cop but i would get something in writting like making a contract where you both sign....

also probably best not to pay him directly but have the draft/money ready go to the credit union together and then watch the union process the money together.

sort of like a used car sale... a car may still have a lien on it but it has to be cleared before sale can be finalized/take place.

Minsu · 11-28-2014, 09:56 AM

Yea he said we would sign a contract, get it notarized. He mentionedd going to the credit union together as well.

mishuko · 11-28-2014, 10:04 AM

well his professional conduct is also on the line and seems like he's trying to cover his but as much as yours.

another thing i'd be cautious about is how long it will take between clearing the lien and when he will get the title... see how long it will take as there is usually a delay in the paperwork train!

Minsu · 11-28-2014, 10:07 AM

So this is what I told him.
I need:

A contract stating the situation
copies of drivers license
go to the credit union and i hand him the money there
a bill of sale from CT DMV
and he said that we can write the contract at his house and get anything that needs to be notarized notarized.

am i covered?

he also mentioned the title would come in a week or two as well.

Mt Tam I am · 11-28-2014, 10:24 AM

I think it should work. Eons ago when I bought my 280Z, we went to his bank with my money, then DMV and got the pink slip that day, or some form of ownership at any rate.

VCuomo · 11-28-2014, 05:07 PM

Quote:

Originally Posted by Minsu

So this is what I told him.
I need:

A contract stating the situation
copies of drivers license
go to the credit union and i hand him the money there
a bill of sale from CT DMV
and he said that we can write the contract at his house and get anything that needs to be notarized notarized.

am i covered?

he also mentioned the title would come in a week or two as well.

I would hand the credit union the money, not him. And AFAIK no DMV will provide a bill of sale - the seller provides that.

But yes, it sounds like you are covered.

Minsu · 11-28-2014, 05:16 PM

Boom, went to the union, gave THEM the money, they gave me title, he signed it over to me, got my title, hes driving yhe bike up for me tmr yay!

shaun66 · 11-28-2014, 05:31 PM

What kind of bike did you get?

Minsu · 11-28-2014, 05:33 PM

Got the new ninja 300 with abs

cigarclifford · 11-28-2014, 05:37 PM

Quote:

Originally Posted by Minsu

Got the new ninja 300 with abs

Mr Minsu,

from all of us on the forum, Please drive your new motorcycle safely....

-Clifford

vividracing · 11-28-2014, 05:42 PM

Why cant he just change the mailing address to your address with the credit union, so that way you never have to see him again, and you know you will get the title. If the credit union knows that its being sold, they shouldn't have any issue sending it straight to you.

Minsu · 11-28-2014, 05:42 PM

I have the title already

vividracing · 11-28-2014, 05:44 PM

How do you already have the title to the bike, if he needs to pay off the loan before he can sell the bike? The credit union should have the title

Minsu · 11-28-2014, 05:49 PM

We went together to the credit union, I paid them, they gave me title

11-28-2014, 09:50 AM	#1 (permalink)
Minsu A True Z Fanatic Join Date: Jul 2012 Location: New Jersey Posts: 1,401 Drives: 2013 MidBlue 370Z 6M Rep Power: 24	I need some help thats not Z related. Super Important. Minsu Mods this is urgent, could you keep this here for just today then move it. So im getting my first bike and im not part of any other forum..cause you know i love you guys Heres the issue, Lets call him Mr.C. Mr. C has the bike but not the title, cause he didnt pay it off yet. I would give him the money, we both go to the Credit union where he got the loan, he would pay it off, we would both sign documents saying it was paid off. Then we would go to the CT DMV and print out the bill of sale form. And basically when he gets the title, i will either go and get it to get to signed over to me or we will meet somewhere and get it done. Im going to his house to see the bike and making copies of drivers license and getting everything we need to get notarized, notarized. Hes a cop...btw. So what are your thoughts, did i cover my *** enough to not get burned? __________________ I figured, Get High, Take the Test High, Get HIGH Scoes

11-28-2014, 09:55 AM	#2 (permalink)
mishuko A True Z Fanatic Join Date: Jul 2014 Location: bouncin on tigga Posts: 8,062 Drives: '12 Z Rep Power: 9435	he may be a cop but i would get something in writting like making a contract where you both sign.... also probably best not to pay him directly but have the draft/money ready go to the credit union together and then watch the union process the money together. sort of like a used car sale... a car may still have a lien on it but it has to be cleared before sale can be finalized/take place. DEpointfive0 likes this.

11-28-2014, 09:56 AM	#3 (permalink)
Minsu A True Z Fanatic Join Date: Jul 2012 Location: New Jersey Posts: 1,401 Drives: 2013 MidBlue 370Z 6M Rep Power: 24	Yea he said we would sign a contract, get it notarized. He mentionedd going to the credit union together as well. mishuko likes this. __________________ I figured, Get High, Take the Test High, Get HIGH Scoes

11-28-2014, 10:07 AM	#5 (permalink)
Minsu A True Z Fanatic Join Date: Jul 2012 Location: New Jersey Posts: 1,401 Drives: 2013 MidBlue 370Z 6M Rep Power: 24	So this is what I told him. I need: A contract stating the situation copies of drivers license go to the credit union and i hand him the money there a bill of sale from CT DMV and he said that we can write the contract at his house and get anything that needs to be notarized notarized. am i covered? he also mentioned the title would come in a week or two as well. __________________ I figured, Get High, Take the Test High, Get HIGH Scoes

11-28-2014, 10:24 AM	#6 (permalink)
Mt Tam I am A True Z Fanatic Join Date: Jun 2010 Location: California Posts: 10,709 Drives: 370Z T/S/N 6MT & XKE Rep Power: 3843	I think it should work. Eons ago when I bought my 280Z, we went to his bank with my money, then DMV and got the pink slip that day, or some form of ownership at any rate. __________________ "Does the carpet match the drapes? NO!!! I don't date bald women." Nissan Motorsports 34R Oil Cooler. Stillen CBE. Hotchkis Sport Sway Bars. KW Variant 3 Coilover System. Stillen Gen3 CAI. Michelin Pilot Super Sport. Stillen Brake Ducts. Carbotech™ XP10/XP8 Pads. Z1 Front Rotors. Z1 Stainless Brake Lines. Two degrees of camber

11-28-2014, 10:04 AM	#4 (permalink)
mishuko A True Z Fanatic Join Date: Jul 2014 Location: bouncin on tigga Posts: 8,062 Drives: '12 Z Rep Power: 9435	well his professional conduct is also on the line and seems like he's trying to cover his but as much as yours. another thing i'd be cautious about is how long it will take between clearing the lien and when he will get the title... see how long it will take as there is usually a delay in the paperwork train!

11-28-2014, 05:16 PM	#8 (permalink)
Minsu A True Z Fanatic Join Date: Jul 2012 Location: New Jersey Posts: 1,401 Drives: 2013 MidBlue 370Z 6M Rep Power: 24	Boom, went to the union, gave THEM the money, they gave me title, he signed it over to me, got my title, hes driving yhe bike up for me tmr yay! __________________ I figured, Get High, Take the Test High, Get HIGH Scoes

11-28-2014, 05:31 PM	#9 (permalink)
shaun66 Track Member Join Date: Mar 2010 Location: n Posts: 837 Drives: MB 370z 7AT Rep Power: 16	What kind of bike did you get?

11-28-2014, 05:33 PM	#10 (permalink)
Minsu A True Z Fanatic Join Date: Jul 2012 Location: New Jersey Posts: 1,401 Drives: 2013 MidBlue 370Z 6M Rep Power: 24	Got the new ninja 300 with abs __________________ I figured, Get High, Take the Test High, Get HIGH Scoes

11-28-2014, 05:42 PM	#12 (permalink)
vividracing The370Z.com Sponsor Join Date: Jun 2009 Location: Gilbert, AZ Age: 38 Posts: 7,306 Drives: 350Z,370Z,GTR Rep Power: 39	Why cant he just change the mailing address to your address with the credit union, so that way you never have to see him again, and you know you will get the title. If the credit union knows that its being sold, they shouldn't have any issue sending it straight to you. __________________ Rocky @ Vivid ♦ 480.966.3040 x236 ♦ Rocky@vividracing.com Email, PM, or call me directly for aggressive The370Z.com member pricing!!!

11-28-2014, 05:42 PM	#13 (permalink)
Minsu A True Z Fanatic Join Date: Jul 2012 Location: New Jersey Posts: 1,401 Drives: 2013 MidBlue 370Z 6M Rep Power: 24	I have the title already __________________ I figured, Get High, Take the Test High, Get HIGH Scoes

11-28-2014, 05:44 PM	#14 (permalink)
vividracing The370Z.com Sponsor Join Date: Jun 2009 Location: Gilbert, AZ Age: 38 Posts: 7,306 Drives: 350Z,370Z,GTR Rep Power: 39	How do you already have the title to the bike, if he needs to pay off the loan before he can sell the bike? The credit union should have the title __________________ Rocky @ Vivid ♦ 480.966.3040 x236 ♦ Rocky@vividracing.com Email, PM, or call me directly for aggressive The370Z.com member pricing!!!

11-28-2014, 05:49 PM	#15 (permalink)
Minsu A True Z Fanatic Join Date: Jul 2012 Location: New Jersey Posts: 1,401 Drives: 2013 MidBlue 370Z 6M Rep Power: 24	We went together to the credit union, I paid them, they gave me title __________________ I figured, Get High, Take the Test High, Get HIGH Scoes

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