Transfer issue.. COI...

[rudy76]

hi.. im new wif this.. so please bear that in mind...

 

i gota bike wif 19 mths installments...

 

how to sell to ppl? let sae... u agreed a price wif him/her... then wat??

 

help perhaps?

 

secondly.. i heard not all bike shop allow this.. which shop donts?

 

 

boy daniel.

[kOpi_jaC]

arbo u add him as a sub rider lor... den he jus coi for u....

 

bear in mind... u must trust him! if better have a black and write stated clearly lor...

 

my ang moh bad,... hope u understand...

[archenemy]

the easiest way is to pay off your 19 installments...

 

only then..u can transfer the name of the bike to someone else...

 

what you can do is to try and negotiate with your buyer...is he going to pay cash? or still continue?

 

if he is going to pay cash...tell him to follow you to the bike shop...pass you the money...so you can pay up to the shop.

 

2 days later...arrange to go to LTA for the transfer.

 

if your buyer also going to pay by installments...then you can only add him as a sub-rider..

[xHxHx]

I'm selling my bike to a private buyer(Mr.A). But i still owe my bike shop 11 mths installment.

Do i need to pay all of my installment to transfer name to Mr.A or i can just transfer to him.

Mr.A need to apply his insurance 1st b4 transfering of bike or transfer 1st then can apply his insurance...?

 

Sorry my english abit.....

[fidz07]

Originally posted by xHxHx@Jul 24 2006, 08:39 PM

I'm selling my bike to a private buyer(Mr.A). But i still owe my bike shop 11 mths installment.

Do i need to pay all of my installment to transfer name to Mr.A or i can just transfer to him.

Mr.A need to apply his insurance 1st b4 transfering of bike or transfer 1st then can apply his insurance...?

 

Sorry my english abit.....

It depends on your bike shop. Usually most bike shops will let you transfer to another person without a hassle and will settle the insurance for the new buyer as well but there are some shops that required you to clear your installments first with them before u can sell off to a private buyer.

About the insurance thingy, usually it's done almost at the same time, transfering of ownership and purchasing of insurance. I'm not sure which must comes first but you can request the bike shop to settle for the new owner.

[Faded]

I am getting my 2nd hand bike tomorrow.... i will get my own insurance b4 taking over the bike from the owner...However i do not have time to go do the transfer tomorrow with the previous owner. Must i do the transfer striaght away or is there a time limit for doing the transfer??

[G_S_J]

Originally posted by Faded@Aug 7 2006, 10:54 PM

I am getting my 2nd hand bike tomorrow.... i will get my own insurance b4 taking over the bike from the owner...However i do not have time to go do the transfer tomorrow with the previous owner. Must i do the transfer striaght away or is there a time limit for doing the transfer??

Try to align the insurance date to your transfer or the road tax. Its easier to trace/track. There is no dealine on transfer, you can do it anytime but your insurance premium still runs....depends on you...you wound wanna waste money on the premium....

[FW1314A]

the black and white thingy > where to draft out? in motor shop or personal?