ANKOMA
Registered
That's exactly correct. They (bank/credit union) will hold the lien (title) until you pay off the loan. Then you OWN the bike ! Make a DOWN large payment(if you are able to) so your monthly pmts will be lower.
You are asking all the right questions ... more people should be as proactive as you.
You are asking all the right questions ... more people should be as proactive as you.