People also ask
How to buy a repossessed motorcycle?
Ideally, the loan terms should be the same or more manageable than the loan you used to acquire your motorcycle. You can buy your motorcycle during the auction or sale held by the bank or lender. You can also go to the parking lot of the bank or lender and buy your repossessed motorcycle there.
What kind of motorcycles are on the repo list?
We post hundreds of repo motorcycles bargains each day, popular brands like Harley-Davidson, Honda, Kawasaki, Yamaha and Suzuki, are just a few on the list. With so many motorcycles available on the site, it may get confusing on what to do next.
Does Robinsons Bank offer repossessed motorcycles?
Robinsons Bank has a range of repossessed motorcycles available for bidding and purchase. It鈥檚 best to check often and make an offer or bid early, since Robinsons Bank (and most other banks) offer these vehicles in a first come, first served basis.
How long does a motorcycle repossession stay on your credit report?
A motorcycle repossession stays on a credit report for seven years. The record shows as soon as the loan is claimed delinquent, meaning when you stopped making payments. Seven years is a long time when you鈥檙e trying to get future loans.