HP on bike... Illegal to sell

[[TFU] Thegoon84]

Searching for a decent price MT07, came across one on ebay, no bids... However this on the description:

The previous owner bought it on HP therefore it comes up on the HPI check as finance, I have not had any issues on this at all as he seems very trustworthy and also his farther is the guarantor, he still owes £2366 over 14 months.

I thought it was illegal to sell a bike with HPI on. I do like the bike and could probably get a big discount. However what would happen if the guy didn't pay the HP, I'm not prepared to take any risk tbh. But just wanted some guidance from you guys.

I don't take risks so I wouldn't go for this as I work on the bases of worse case scenario. I treat everyone selling as tho deep down their scum.

So how does HP work if the bike sold on?

 

[[TFU] Thegoon84]

It sounds like he's buying it off the guy who bought it off the guy who financed it, don't walk run away.

No I've no real intention of buying it.... Just curious from a legal point where I'd stand.