Bike Forums - View Single Post - Going car-lite... ethical question

06-07-09 | 01:53 PM

#5

wahoonc

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Joined: Jan 2005

Posts: 16,853

Likes: 17

From: On the road-USA

Bikes: Giant Excursion, Raleigh Sports, Raleigh R.S.W. Compact, Motobecane? and about 20 more! OMG

Even if you turn it back to the bank you will more than likely be liable for the difference between what you owe and what they can get out of it. Sell it and you will reduce your overall debt, even if you still owe a difference. Problem is I doubt you can sell it, I know I would not buy a vehicle that still had a lien against it.

Aaron

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"Cycling should be a way of life, not a hobby.
RIDE, YOU FOOL, RIDE!"_Nicodemus

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Aluminum: barely a hundred
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