Buying used TM

Louis

Supportive Member
Joined
Dec 11, 2006
Messages
1,251
Location
Modesto, CA
Name
Louis
So I have been looking for a used tm for a empty van in my driveway. Every time I find one it’s not paid off and the guys are just trying to sell it and have no interest in transferring ownership.
Anyone ever buy a tm that’s not paid off with out transferring ownership with the leasing company? I was told if I do one of these deals I could be on the hook for the balance if the the guy gives your name to the leasing company. Any advice would be appreciated.
 

sassyotto

Member
Joined
Jun 7, 2013
Messages
1,096
Location
Wisconsin
Name
Paul
I bought a used TM from a guy in Las Vegas who was on a lease but he transferred ownership so there was no problem. If they cant pay out the lease then you arent really buying it.
 

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