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Discussion Starter · #1 ·
Hey guys and gals. Let me briefly introduce myself before I post away. My name is Adam and I recently took the MSF course and was looking for a great bike to start off my motorcycling career. I was looking very closely at the EX250 and EX500 and visited this site and discussion board many times looking for good advice and information. Let me say that this is a great place and you folks have been a great help. Unfortunately I decided to purchase a different bike, but I was very impressed with you guys and wanted to let you know about a great deal I stumbled across. It was such a great deal I couldn't let it slip away without letting some other folks know about it so maybe someone could take advantage.

Here's the scoop. While I was looking for a used EX500 I called a bunch of dealers here in the Texas. One dealer told me that he was re-keying a brand new 2004 EX500 that had been repoed by a local bank. He said it was extremely low mileage and in great shape. He wasn't selling it but did give me the name and number of the lady at the bank who was trying to recoup some of the money her bank lost on the defaulted note. So I called her right up and inquired about the bike. She was very happy someone was showing some interest in the bike cause she's no motorcycle dealer. Of course she says the bank would like to recoup as much of the $5500 note as possible, but that I could place any bid I wanted on the bike. If no one else bid or bid higher than me she said the bank would consider my offer.

So I put in a bid of $3000. Well several weeks passed and she never got back to me. I decided to go with another bike and recently made a purchase. Well low and behold the women calls me today and says the bank would be more than happy to let me take the bike off their hands for three grand. Of course I couldn't do the deal, but it was such a good deal that I just couldn't go forward in life without letting someone else make a run on the thing if they were in the market.

Now I don't figure they will be holding on to the bike for much longer. Probably gonna ship it off to auction as soon as possible, but if YOU or ANYONE YOU KNOW would be interested in this deal I will be more than happy to pass along her information so you can contact her. Now I must admit, I haven't seen the bike in person (since it's not in my neck of the woods), nor do I know much about it (other than the fact it's practically new), but I'm sure anyone willing to make a trip to East Texas could take a closer look at it.

Hope this didn't come off like I'm some kind of used bike salesman, but I thought this would be a good place to share the info. Once again, feel free to contact me if you want to call the lady at the bank. Thanks again for all your wonderful info and help.

Adam C.
 

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Discussion Starter · #4 ·
Yeah I was real tempted to do that Uncle Bob, but I figured by the time I paid tax, title, and license and got insurance for it I might not really make that much. There's a guy on Ebay right now selling an 04 with approx. 500 miles for $3,400 Buy it Now. So when it was all said and done I figured I shouldn't buy it unless I was serious about having a committed relationship with the bike. lol. But it sure was tempting.

FreakinOut - it's good to see other folks from TX in here. I probably won't be venturing out of College Station on the bike anytime soon as I am just getting comfortable on my new ride. I think I'm supposed to despise Lubbock because of TTU but I was real close to getting into med school up there and really liked it.

Anyway, maybe somebody will take advantage of this deal before they take the bike to auction and some dealer gets it. Don't hesitate to contact me if you have friends interested. Take care.

Adam C.
 
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