Yes.. only because it must stay in his name for a year. I've known and worked with him for nearly 6 years. No worries there. Just the nature of the beast.
No issue, I'm not using the unit as collateral I'm using cash as collateral. I've known my coworker for years. I'll have the title in my possession. He's just doing this so I get a nice discount.
Thanks for the warning, yeah it's not a vehicle that will be driven on public roads. This is strictly for recreational purposes. So no tags or anything like that needed.
It's tough to throw nearly 40% off retail out the window.Which equates to nearly $7000. That's 20% less than what a dealer can buy it for. Lol
Because the company states it must remain in his name for a year. Keeps them from under selling the dealer's. Or selling the units for profit.
@Anonymous wrote:Maybe I missed it, but if you're paying him outright why does the title need to remain in his name for a year?