Happy Gilmore
Veteran Member
- Joined
- Jan 11, 2014
- Messages
- 1,752
- Location
- Southeastern, MA
- Tractor
- Ford 5610 Ford 4630 Ford 3930 MFWD w/ 7310 loader Ford 3930 Kubota BX1500 Kubota RTV 900XT Kubota F2680E 72"RD Ford 4610 Kubota KX121-3
Can you perhaps use your current dealer to do a "closing" for a small fee, where both you and the seller meet at your dealer and you make out two checks, one to KCC and the balance to him. This way, you know it's paid off and he knows you didn't give him $17K and tell him you're paying it off (though the risk is more on your side given you'd now own the collateral). This way, you have a third party witness so neither of you can spin things afterwards. Edit: Also, the dealer should be able to look up the payoff amount as of the closing date so no guess work involved.
That's another good idea. I spoke to Kubota Finance today and asked them the general questions. They advised that this wasn't all that uncommon.