What if I have a lien on my motorcycle?Last Updated: January 22, 2019
In most cases, negative equity must be paid before you sell your motorcycle.
If you submit a motorcycle with a lien for a Cash Offer, and the amount of your offer does not cover the balance owed on the vehicle, then this is considered negative equity. This negative equity must be paid off before you can sell your motorcycle to RumbleOn.
On the other hand, if you have negative equity and would like to trade in a motorcycle for a unit in RumbleOn’s inventory, then you may be able to apply your negative equity toward the purchase of another vehicle. It is important to note, however, that this depends on your credit approval and restrictions from your lender.
If you do not have negative equity, and the amount of your Cash Offer is greater than what's owed on the motorcycle, then you will be paid what's left after deducting the owed balance from your offer.