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Spiderman

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Was curious about others habits - maybe now because we're selling one - but if/when any of you guys are out shopping for used sleds - if you're serious on one - do you guys have lien searches run on them?

 

I bought my Cat used off a kid - it was used one weekend.

When we were firm on a deal - I ran a lien search and low and behold - there was one on it through whomever provided the financing for Cat at the time.

I had the kid pay it out and provide me a copy of the discharge before I finalised the deal.

 

Am I crazy - or is that the norm?

 

With sled prices now what they are - would it not be risky to not do this?

 

Just curious

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25 minutes ago, Spiderman said:

Was curious about others habits - maybe now because we're selling one - but if/when any of you guys are out shopping for used sleds - if you're serious on one - do you guys have lien searches run on them?

 

I bought my Cat used off a kid - it was used one weekend.

When we were firm on a deal - I ran a lien search and low and behold - there was one on it through whomever provided the financing for Cat at the time.

I had the kid pay it out and provide me a copy of the discharge before I finalised the deal.

 

Am I crazy - or is that the norm?

 

With sled prices now what they are - would it not be risky to not do this?

 

Just curious

Don’t sellers have to provide used vehicle information packages now? which show if any liens exist? Might not apply to sleds I am not sure. Haven’t bought anything used privately for awhile. 

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29 minutes ago, Strong Farmer said:

Don’t sellers have to provide used vehicle information packages now? which show if any liens exist? Might not apply to sleds I am not sure. Haven’t bought anything used privately for awhile. 

Not sure - never sold a car before or bought a used one either.

Last sled I sold was in 2013 - which was to a buddy - anything before that was always traded in. The one I bought I ran my own lien search on it.

 

Was curious on all this - so this is good discussion :)

 

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3 hours ago, Strong Farmer said:

Don’t sellers have to provide used vehicle information packages now? which show if any liens exist? Might not apply to sleds I am not sure. Haven’t bought anything used privately for awhile. 

The seller’s package doesn’t  apply to sleds . My last few sleds I’ve sold i run them through my dealer so I save the tax on the new ones and the buyer has confidence there’s no liens . 

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I am sure I can google it, but how do you run a lien search on a sled?

 

I have sold a few sleds and no one that made the purchase, did this, that I know of.....of course there never was a lien on any of them either :)

I always bought new or the one demo from a dealer.

 

I have bought more used dirt bikes in the past though - never ever a search on them, but times are different now! 

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All my last ones also, I run through my dealer.

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7 hours ago, stoney said:

I am sure I can google it, but how do you run a lien search on a sled?

 

I have sold a few sleds and no one that made the purchase, did this, that I know of.....of course there never was a lien on any of them either :)

I always bought new or the one demo from a dealer.

 

I have bought more used dirt bikes in the past though - never ever a search on them, but times are different now! 

Last time I did it, I used the Insurance Search Bureau

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11 hours ago, Spiderman said:

Was curious about others habits - maybe now because we're selling one - but if/when any of you guys are out shopping for used sleds - if you're serious on one - do you guys have lien searches run on them?

 

I bought my Cat used off a kid - it was used one weekend.

When we were firm on a deal - I ran a lien search and low and behold - there was one on it through whomever provided the financing for Cat at the time.

I had the kid pay it out and provide me a copy of the discharge before I finalised the deal.

 

Am I crazy - or is that the norm?

 

With sled prices now what they are - would it not be risky to not do this?

 

Just curious

 

I've never done a lien search. Probably a good idea though.

 

11 hours ago, Strong Farmer said:

Don’t sellers have to provide used vehicle information packages now? which show if any liens exist? Might not apply to sleds I am not sure. Haven’t bought anything used privately for awhile. 

 

Yes, legally, if you sell a used vehicle in Ontario you are required to provide the used vehicle package to the purchaser.

 

That said, I've bought several trucks over the years and never received a used vehicle package. I usually get one for them when I switch over the ownership, just out of curiosity.

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Carfax.ca will do lien searches for you includes 10 province checks.

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