Friday May 18, 2007

0
So what do you guys think. My motorcycle was under a friends name and he stopped making payments, he kept the money I gave him but didn't pay it towards the bike, now they are wanting to repo it or I could take over payments. I like it but its kinda small. there's only about 1500 left to pay off. should I keep it? or should I just give it up ad buy a bigger, better bike?
VIEW 3 of 3 COMMENTS
misfit93:
So did you make up your mind? what did you tell your friend??
rowe:
Well, how much could you sell it for? Sometimes it's the best decision to pay it off and then sell it privately and then use that money as a down payment.. If the bike is under your name, the repo will damage your credit quite badly.

BtW, thanks for the add!

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