Selling advice
Discussion
Hi Guys
Im having to hang up my leathers and sell my bike, due to a medical condition. Having never sold a bike ( or car ) privatly I'm not exactly sure of the etiqutte, I've always part-exchaged. I don't want to get ripped off or worse have my bike nicked when someone takes it for a test run. Any of you guys got any useful tips from past experience? The websites I've looked at so far have loads of advice on buying a used bike - but not so much on safely selling your loved one ! I hate having to get rid - but I'll hate seeing it rot in my garage !
Cheers.
Some discussion already on this topic here.
http://www.pistonheads.co.uk/gassing/topic.asp?h=0...
Sorry to hear we're loosing you as a biker.
http://www.pistonheads.co.uk/gassing/topic.asp?h=0...
Sorry to hear we're loosing you as a biker.
My advice - wait until the spring!
The market is dead as a doorknob at the moment.
But from a practical perspective, advertise in the usual places (Bike Trader, MCN BikeMart, PistonHeads classifieds etc.). Only accept cash for the bike. If people want to test ride, only let them do so if they give you the full asking price as a deposit. Leaving another bike with you is pointless as it may have been nicked (same goes for car, wife, kids etc.
)
The market is dead as a doorknob at the moment.
But from a practical perspective, advertise in the usual places (Bike Trader, MCN BikeMart, PistonHeads classifieds etc.). Only accept cash for the bike. If people want to test ride, only let them do so if they give you the full asking price as a deposit. Leaving another bike with you is pointless as it may have been nicked (same goes for car, wife, kids etc.
)If someone comes round and wants to test ride your bike, insists on:
1) seeing an insurance certificate that shows he/she is insured
2) Driving license with the appropriate group acknowledged
3) Passport (to verify the names on the other 2 documents are valid)
When the potential buyer takes your bike out, you keep the 3 documents and hand them back on return of your bike. Any funny business/damage and you record the details from the documents.
It won't take much time and supplying the documents is simple for the potential buyer
1) seeing an insurance certificate that shows he/she is insured
2) Driving license with the appropriate group acknowledged
3) Passport (to verify the names on the other 2 documents are valid)
When the potential buyer takes your bike out, you keep the 3 documents and hand them back on return of your bike. Any funny business/damage and you record the details from the documents.
It won't take much time and supplying the documents is simple for the potential buyer
Edited by Silver993tt on Tuesday 2nd October 10:50
Silver993tt said:
If someone comes round and wants to test ride your bike, insists on:
1) seeing an insurance certificate that shows he/she is insured
2) Driving license with the appropriate group acknowledged
3) Passport (to verify the names on the other 2 documents are valid)
When the potential buyer takes your bike out, you keep the 3 documents and hand them back on return of your bike. Any funny business/damage and you record the details from the documents.
It won't take much time and supplying the documents is simple for the potential buyer
Given that, as a seller, you should meet potential buyers in a public place, not where the bike is stored (to avoid the ‘buyer’ coming back with a van later and helping themselves) there is no way, as a potential buyer, I am going to give a total stranger , I have met in a public place, all the details of my license, insurance and worse still, my passport.1) seeing an insurance certificate that shows he/she is insured
2) Driving license with the appropriate group acknowledged
3) Passport (to verify the names on the other 2 documents are valid)
When the potential buyer takes your bike out, you keep the 3 documents and hand them back on return of your bike. Any funny business/damage and you record the details from the documents.
It won't take much time and supplying the documents is simple for the potential buyer
You also have to look at this from the potential buyers point of view. Remember, they are mostly legitimate people who are walking around with a large wad of notes in their back pocket, thus feel very vulnerable to being ripped off by someone with a stolen motorbike!
black-k1 said:
Silver993tt said:
If someone comes round and wants to test ride your bike, insists on:
1) seeing an insurance certificate that shows he/she is insured
2) Driving license with the appropriate group acknowledged
3) Passport (to verify the names on the other 2 documents are valid)
When the potential buyer takes your bike out, you keep the 3 documents and hand them back on return of your bike. Any funny business/damage and you record the details from the documents.
It won't take much time and supplying the documents is simple for the potential buyer
Given that, as a seller, you should meet potential buyers in a public place, not where the bike is stored (to avoid the ‘buyer’ coming back with a van later and helping themselves) there is no way, as a potential buyer, I am going to give a total stranger , I have met in a public place, all the details of my license, insurance and worse still, my passport.1) seeing an insurance certificate that shows he/she is insured
2) Driving license with the appropriate group acknowledged
3) Passport (to verify the names on the other 2 documents are valid)
When the potential buyer takes your bike out, you keep the 3 documents and hand them back on return of your bike. Any funny business/damage and you record the details from the documents.
It won't take much time and supplying the documents is simple for the potential buyer
You also have to look at this from the potential buyers point of view. Remember, they are mostly legitimate people who are walking around with a large wad of notes in their back pocket, thus feel very vulnerable to being ripped off by someone with a stolen motorbike!
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