Mostly this happens because, Due to lack of money we can’t buy a new motorcycle and we lean towards the older motorcycle. Buying a used motorcycle is quite risky and tougher than getting a new one. Here I’m pointing out and discussing the most important things to keep in mind while buying a used motorcycle.
1. Check the condition
Before buying a secondhand motorcycle you should consider the motorcycle condition first. Take an expert with you for a better understanding of the motorcycle’s external and internal condition. It will be more effective for those who have very limited knowledge about motorcycles. Check motorcycle usage frequency, engine, age, how many kilometers it runs, tires, chain and sprocket, and other parts condition. Checking the condition of the engine is most important when buying a second-hand motorcycle. Go for a test drive for a better understanding of the engine condition.
2. Motorcycle papers
After checking the motorcycle condition query for the legal documents of the motorcycle. Complete your checking process under expert supervision. First, get confirmation about the registration of the motorcycle. If the motorcycle is not registered then take confirmation about the current status. If it is the case that the motorcycle never went through the registration process then it must be assumed that there is something fishy. An unregistered motorcycle is quite risky, time-consuming, and requires more effort and hassle for the job done. Don’t forget to check the legality and validity of all the papers. Make sure that all the documents are up to date and all the government charges or fees are paid. Get your hands dirty and check the engine and chassis number very closely. Agree with the seller that you will pay him only after the process of registration and transfer of ownership is done.
3. Not stolen
Before moving forward make sure it’s not a stolen motorcycle. Because no one wants to be accused without any reason. For confirmation, get help from the police or DMV (Department of Motor Vehicles) and check the similarity of the motorcycle with the motorcycle papers.
4. Restoration cost
Every single used motorcycle requires at least minimum restoration or modification. While buying a used motorcycle, always keep in mind that, how much money it takes to buy and after buying how much will cost for the restoration. Use your hands to check every single part of the motorcycle. Another way to check the motorcycle parts is by going for a test drive. Find out the errors or any such parts that require restoration or repair. Write down the number of parts to be changed if necessary. Calculate the restoration cost then add the purchase price of the motorcycle with it and see whether buying the motorcycle is worth it or not. It will help to keep you within your budget limit.
5. Buying cost
A second-hand motorcycle’s price mainly depends on its condition after then CC and brand value. Before buying a motorcycle you should keep in mind that the purchase price of the motorcycle must be communicated with the resale price. Before dealing with the seller, consider and make a list of all the documents, conditions, and restoration or repair costs so that you can deal better with a better price. Ask the seller for the selling price and come up with a deal according to the motorcycle’s condition and current market price.
6. Finalise the deal
After following up everything and being confident about motorcycle registration and ownership and other papers if you feel a purchase about the motorcycle then come up with a deal. Make the deal done in the presence of a witness with paperwork and also finish the government formalities as per its requirements. Create a bill paper and include the motorcycle model number, chassis and engine number, VIN, and price. Finally, make sure the buyer and seller’s signatures are on the paper.
You also can take into consideration the resale value. Overall you have to keep patience and invest your time while buying a used motorcycle. So that all your hard work and money can pay off.