Archive for the ‘Used Motorcycles’ tag
Tips On buying Used Motor Bikes
The engine roars, the metal shines, and thepressure is on to buy. The bike looks great and it seems like a reasonable deal but have you done your homework?
HOW TO SETTLE ON A MOTORCYCLE
The excitement of buying a new or ‘new’ used motorcycle can be a rush of adrenalin. Make sure you have a clear idea of what you need in a bike so that you can make a decision you will be happy with once you’ve started cruising around. Do you need two seats, a cargo trailer or are these just on your wish list? Are you willing to compromise on certain aspects of the bike and not others? Have you thought of all the costs associated with owning a bike, have you talked with a fellow bike owner to get a realistic idea of the average upkeep cost? All this will let you make an informed decision.
READ UP ON IT
When buying a bike there are two options – use a dealer or buyprivately . Both sides have points for and against. It’s really a personal choice but make sure you consider the following: Dealerships can be great in terms of helping you with maintenance andwarranty coverage. They can work out pricing plans and help you get the exact bike you want – as long as you are willing to pay top dollar. Buying privately might take some time in terms of finding the bike you want but it could be worth the wait in terms of the great deal you could make. Decide for yourself which avenue you want to explore, and beware of the pros and cons of each so you can better navigate them.
DOT YOUR I’s AND CROSS YOUR T’s
Always check your paperwork and invest in a vehicle check. If the documents seem fishy or don’t match the information you have about the seller be warned. The last thing you want is to buy a motorcycle that wasn’t authorized to be sold by the owner.
GO SEE IT
Never buy a bike you haven’t personally seen. If you don’t understand the mechanical side of a vehicle, bring along a mechanically inclined friend to give you honest advice. It is ideal to see a bike in broad daylight and at the seller’s garage. Check the general status of the motorcycle, tires, and engine. Have your documents handy to confirm and match the VIN numberform the bike to the ownership. ‘Clocking’ is becoming a problem with used motorcycles so insist on precise details to determine themileage the bike has. All motorcycles should be taken for a spin before you sign your paperwork. Go for a drive and get an idea of how the bike feels and if it is comfortable. This process takes time but it is worth it and will give you the confidence that you are making a solid purchase.
TRUST YOUR INSTINCT
The last piece of advice is if there’s a little voice inside your head cautioning you against this particular purchase don’t ignore it – there are plenty of bikes and you will find the right one.
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Finding The Values For Used Motorcycles
When looking to buy either a used motorcycle a person needs to understand just how these vehicles are valued. Several factors will need to be taken into consideration in order to come up with used motorcycles values and the main ones include, the condition of the motorcycle, how old it is and where it is.
The easiest way for you to check if the asking price that the seller is valuing their bike at is fair is by using a number of different valuation resources. The most common ones used by dealers and private sellers today are the Kelley Blue Book or the valuation guide from NADA. Below we take a look at these two books in a little more detail along with some other ways to check out the values of used motorcycles.
The first book we are going to be taking a look at is the NADA (National Automobile Dealer’s Association) Guide. Although there is the Kelley Blue Book (which we look at next in this article) many people prefer this one simply because they feel it provides much better valuation information. NADA have been publishing valuation figures on all kinds of vehicles since 1933 so they really do know what they are talking about.
Whilst the Kelley Blue Book is the more well known of the pricing guides that the general public can buy. However, this book has been published for more than 80 years now and they actually publish more than one type of price guidebook today. The main one that is used by many motorcycle dealers who deal in used motorcycles is called the “Kelley Blue Book Auto Market Report – Official Guide”.
However rather than providing the person with a true valuation of what the bike may be worth instead it gives you the retail value (price the motorcycle will sell at). The price that you see in this guide is often less than what the dealer would be willing to sell the bike to you at (remember there in it to make a profit). So when looking to buy a used motorcycle it is important that you have all information to hand before.
By actually finding out what a motorcycles true value is will help you when it comes to actually purchasing the one that you want. Simply because it provides you with more bargaining power. But if you are finding it difficult to obtain copies of these books then why not go online instead. There are a number of sites now available which have been set up and where you can find out very quickly if the used motorcycle you are considering buying is being sold at a fair price or not.
One site that you may be interested in using for looking at motorcycle values is “motorcyclebluebook.com”. At this site they have price details for every single type of motorcycle that has ever been produced. The search program on this site is user friendly and in order to get a valuation from them you just need to enter the make, model and year of the motorcycle. After entering this information all you need to do is wait for the email they provide which provides not just details of how much the bike is worth but at what price it is likely to be sold at.
Another website that is now offering you the chance to get hold of used motorcycles values very quickly is Edmunds.com. Along with supplying you with details of the value of a motorcycle, they will also provide you with details of what price they expect the motorcycle to sell for. However, to get a good comparison relating to used motorcycle values it is best if you check the prices you are provided on these websites and from the guides mentioned above against the prices of the motorcycles where you live.
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