When should a dealer know a VIN number for financing?

Thanks,

Frank

 

Had to think about your question. I think he gets a confirmation of when the bike is in the production line with an ETA. However; I don't think he can count on that until he gets the C of O. Certificate of Origin.

 

Every time they finance a bike?

A dealer, bank, credit union or dealer, when financing a vehicle has the VIN number, to positively ID which piece of property (read: collateral) they are financing.

 

A finacier can use the VIN to tell EXACTLY what the property is they are financing. Yep, right down to the color.

 

Maybe I asked wrong. I am financing through my credit union. I would like to speed up their process but, I cannot do anything until I have a VIN number. If my bike is really being built/shipped on Thursday, when can the dealer get me an accurate VIN number?

Thanks,

Frank

 

You don't want to finance the bike until you look at it do you? It might come in damaged and you would be stuck with it.

 

All dealers get an MSO in advance and that has all the legal information from the manufactorer. I agree with FLHTCUI05...........wait until the bike arrives at the dealers before you finance it.

 

I am sure your CU had have all of the paper done up...with the exception of the check, w/o a VIN number. But, I understand where you are coming from. I would be VERY anxious, if my new bike came in , and I couldn't have it cuz of bureaucratic "red tape"!!

 

always pay cash for your toys.