Selling of bike before settlement of installmet

[ZippBoii]

Hi

I would like to know if there is ways for us to sell our bike before settlement. As I have 8 more months of installlment but i intend to change bike. Coz i asked my bike shop Albert Motor dat even if i settle da balance i still cant sell my bike. I was not inform of dis before hand. So now im stuck wif dis bike.

[altya]

if i not wrong people can just COI ur bike?

 

Meaning people continue ur installment?

[twitmyass]

actually you can sell to your shop. i think your shop chop you. example if 1 month your installment is $100, then u got 8 months mean $800. so if your shop take your bike for $2000, then u got a cheque of $1200. then if your shop said got early penalty settlement without finishing settlement, maybe they charge you $300, then you have a balance of $900. hope it helps.

[Pandoras Kitten 3]

I would never, ever sell the bike back to the shop because they will take it in for a really low price and sell high to someone else tomorrow. I rather keep it in good condition and sell it at a higher price myself.

 

Unless the shop in question is giving me a favourable trade in price for a new motorcycle, I won't ask the shop to buy the bike.