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need some info ?

my mate as now passed is full bike test so now he wants a powerfull bike but he as a car with finance on it

he wants to know is he able to goto a bike dealership and trade is car in for a motorbike depending the value of the bike he wants ?

or does it depend on the terms of contract with is finance company

Comments

  • Why would a bike dealer take in a car as part ex?

    I'd expect if they do they will offer peanuts.
  • arcon5
    arcon5 Posts: 14,099 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Technically the vehicle is owned by the finance company so it would be between him and them to discuss
  • arcon5 wrote: »
    Technically the vehicle is owned by the finance company so it would be between him and them to discuss

    incorrect, he can px it at a bike dealer, they will ring a car dealer for an underwrite.

    They will also ring for a settlement figure which will be worked into the deal.

    i've had bikes, scooters, campers motorhomes traded in against cars.. its no problem for the dealer
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