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SVTPerformance's Chain of Restaurants
Road Side Pub
Defaulted title loan
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<blockquote data-quote="Vigilante" data-source="post: 15111599" data-attributes="member: 55757"><p>Figured, I asked him about settling the debt and he said that's why he's selling it so low. It's "only" $1000 and the bike is worth $2k so he's selling it for half price since he knows you'd have to pay for the title back. My issue is what happens during the middle part when the title is still up in the air. He'd go down and pay the title loan with half the money I give him and he'd sign the title over to me. </p><p></p><p>Could be trustworthy, could really get screwed out of a lot of money. I shall pass.</p></blockquote><p></p>
[QUOTE="Vigilante, post: 15111599, member: 55757"] Figured, I asked him about settling the debt and he said that's why he's selling it so low. It's "only" $1000 and the bike is worth $2k so he's selling it for half price since he knows you'd have to pay for the title back. My issue is what happens during the middle part when the title is still up in the air. He'd go down and pay the title loan with half the money I give him and he'd sign the title over to me. Could be trustworthy, could really get screwed out of a lot of money. I shall pass. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Defaulted title loan
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