Bike is still under finance, but coe is ending.

[beautifulbutwasted]

Don't know where to post this.

 

Hey guys, I need your help on this. I own a bike that is no longer with me, with the bike shop. After 2 attempt repair and still the bike got problem as stated by the bike shop. I got piss off and left the bike there. From 2015 till now, I've been laying up the vehicle. And now the coe is ending 21 Nov. From my understanding I can't scrap the vehicle if it's still under financing. How much trouble am I in right now? The bike is left with 2500$ I've check with the bike shop

And I can't make full payment before 21 Nov.. Any advice as to what are my options.

 

Please don't judge me of my action I was young and naive And do things with my emotions.

[MR BIKER]

I HAVE read many post and wow , yours maybe most unique. By looking at your name beautifulbutwasted, I think many readers may just skip your post thinking its just another scam. But i open and read. wow, you have one big problem. Not judging you at all. I also have many instance given up on many bike shops.

I am wondering if you are still on monthly installment and are you paying monthly?if no, Then how come the shop never ask you to pay?

for you to scrap, yes, you need to pay up the whole amount. then LTA would proceed. i guess, no choice, pay full settlement. then go.

i would suggest you go and get loan to settle this then go LTA. if NOT, you will be in more deeper shot (replace o to i)

[beautifulbutwasted]

The last time I've made payment was on 2015. The bike is not being repossessed or what not. The bike shop never send me demand letter to made payment, by guessing my Ballance is just 2500$. And there is no interest at all from 2015 till now When I check last week with the bike shop. I've called both Lta and ask the bike shop any advice on this. Lta just told me get the bike tow to scrap. But bike shop offer me the best pay half. Then scrap the bike.. Now I have my wife nagging at me of this. Just wanna share this in the forum if anyone ever experience something like this. Ouhh my username is created ages ago. Lol.

[MR BIKER]

TAKE the shop offer if you can trust them. make a written agreement