Selling A Motorcycle Privately
Say youre selling your motorcycle for 5000 the full price and you decided that 200 extended test ride fee is a fair price for a test ride. If you are ready to sell your motorcycle you can do so in a few simple steps.
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No one sells motorcycles in newspapers anymore and you really would have to be lucky to sell via a flyer pinned on a supermarket community noticeboard or by being parked at the side of the road with a for sale sign on it.
Selling a motorcycle privately. Enter Your VIN to begin. You could do this using your own savings or look into the possibility of a short-term personal loan to cover the remaining payments. The latter is also a prime target for thieves.
Advertise the motorcycle online and around town or ask a dealer to sell. The motorcycle bill of sale will state that the bike is sold as is so do a thorough inspection. Advantages of selling a motorcycle privately Your buyers dont have to pay rent on a showroom wages to the clothing or service dept or make a 1000 profit by selling it-on in two weeks.
To sell your motorcycle youll need a few documents. Classifieds are understood as the tried and true way to sell a motorcycle locally. Sell Your Harley Davidson Yamaha Honda and more.
Determine your price by looking at similar models for sale. Clean and inspect the bike then determine a price. Im simply going to post what I used should anyone want to use it as a reference.
How to sell a motorcycle privately. You will not get as much for it as you would selling it privately but you do skip the hassle of annoying potential buyers waiting for it to sell and spending time online posting it. Regarding paperwork there are a few documents you are going to want to have at hand.
This is whats required to prove ownership and officially transfer the vehicle. Its the most important document. Youll answer a few questions and about the condition of your motorcycle.
Which means you should get considerably more. They may ask up front for details of the bike such as the VRM or the VIN or the V5C or for your personal details. Place your ad and meet with prospective purchasers.
ACCEPT YOUR CASH OFFER After receiving your vehicle information youll have a cash offer in your inbox within 15 minutes waiting for you to accept it. It should say the buyer will purchase a vehicle pending the outcome of a test ride for the full price minus the test ride fee. You may also want to contact a local motorcycle club a dealerships bulletin board or a national motorcycle website.
Can you sell a motorcycle to a dealership. Here are some of the most popular choices. Should it be done at your own home.
When selling your bike be aware that thieves can pose as potential buyers. The potential pitfalls at such times are numerous and daunting. According to Motorcycle Cruiser one of the easiest ways to advertise your motorcycle to potential buyers is with a local paper or its online version that is specifically for vehicle sales.
If selling privately there really is only one option online. Create a full sales contract. In order to do so you will need to pay off the settlement balance including any fees.
Apart from the haggling there are some simple steps that you should take to protect yourself and your motorcycle when selling privately. Like a car it is possible to sell a motorcycle to a dealership. Choose a safe place and do it in BROAD DAYLIGHT.
Selling a bike is partially a psychology experiment too. If you want to achieve the best price for your bike you may want to sell it privately. Classifieds used to be in your local newspaper but lets face it the internet is a much better venue for classified ads.
The biggest concern most vendors have when it comes to selling a bike privately is not the planning advertising or bike preparation but when prospective buyers come to view the bike and perhaps negotiate a deal. Unless you are a motorcycle expert take a mechanic or somebody who really knows motorcycles with you. Selling a motorcycle is part science part art.
Presumably if youre checking out this article you are selling a motorcycle and want to get top dollar for it. Take some good photos of your machine and create an eye-catching and descriptive advert. Should I allow a test ride.
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