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SELL YOUR BIKE TO THE PROFESSIONALS
Sell Your Motorcycle with Outstanding Finance
Do you want to sell a bike but still have payments remaining? It is easier than you think.
Do you want to sell a bike but still have payments remaining? It is easier than you think.
A common myth among UK bikers is that you cannot sell a motorcycle until you have paid off the finance agreement in full. This is not true.
At AnyBikeBought.com, we specialise in buying motorcycles with outstanding finance. Whether you are on a PCP (Personal Contract Purchase) or HP (Hire Purchase) agreement, we handle the administrative headache for you. We deal directly with the lender to clear your debt and pay you the remaining equity immediately.
How It Works: The 4-Step Settlement Process
We have streamlined the process to ensure your finance is cleared legally and instantly.
1. Request Your Settlement Figure Contact your finance provider (e.g., Black Horse, MotoNovo, Close Brothers) and ask for a "written settlement figure." This letter confirms the exact amount needed to clear the bike’s debt today. It is usually valid for 10 to 28 days.
2. Get Your Free Valuation Enter your registration number on our homepage or call us. Let us know you have outstanding finance. We will give you a fair market offer for your bike.
3. We Handle the Paperwork If you accept our offer, we contact your finance company directly. We pay off the settlement figure on your behalf using instant bank transfer.
4. You Keep the Profit If our offer is higher than your finance settlement, we transfer the extra cash directly to your bank account. You walk away debt-free with cash in your pocket.
Example: How the Numbers Work
Here is a real-world example of how a typical transaction looks:
Item Amount
Our Offer for Your Bike £6,500
Your Outstanding Finance- £4,000
Cash Paid to You £2,500
In this scenario, we pay £4,000 to the lender to close the account, and transfer £2,500 directly to you.
Can I Sell a Bike with "Negative Equity"?
Yes, you can. Negative equity happens when your outstanding finance balance is higher than the current market value of the bike.
If your settlement figure is £6,000, but the bike is currently worth £5,500, you are in negative equity. We can still buy the bike and clear the finance, but you would need to pay us the difference (£500) to clear the shortfall. This allows you to exit the finance agreement immediately without keeping the bike.
Finance Agreements We Settle
We deal with all major UK vehicle finance providers on a daily basis. We are experienced in settling agreements from:
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Black Horse Finance
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MotoNovo
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Close Brothers Motor Finance
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Santander Consumer Finance
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BMW / Honda / Yamaha Financial Services
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And many others...
Whether you have a PCP agreement (where you usually hand the bike back or pay a balloon payment) or an HP agreement (where you pay to own), we can settle it early.
Frequently Asked Questions (FAQ)
Is it legal to sell a bike with outstanding finance?
Yes, provided the finance is settled as part of the sale. It is illegal to sell the bike without informing the buyer or clearing the debt, as the finance company is the legal owner. Because we pay the finance company directly as part of the transaction, the process is 100% legal and secure.
How long does it take to clear the finance?
We use Faster Payments for all transactions. Once we collect the bike, the payment to your finance company usually clears within hours, and you will receive confirmation from them shortly after.
Do I need to be the registered keeper?
Yes, your name must match the name on the finance agreement and the V5C logbook.
What documents do I need to show you?
To settle your finance, we will need:
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The valid settlement letter from your lender.
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Your V5C Logbook.
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Photo ID.
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The bike's service history and keys.
Ready to Clear Your Finance?
Don't let a monthly payment stop you from selling. Get a fast, fair valuation today and let us handle the paperwork.