Automotive

7 Useful Tips to Remember When Selling Bikes

For those who love bikes, the desire to get their hands on a new model is normal. But what to do with the existing one that you have? Surely, maintaining two bikes at once is a challenging and expensive task. A much simpler alternative to do would be to sell your current bike. But the resale value of the bike cannot be that high if the bike is not in good condition. On the other hand, if you are able to keep your bike well-maintained then you can get a good amount on the same which can be used for the purchase of a new bike.

Hence, what is relevant here is to find out ways to keep your used bike in a good condition so that you can get a good resale value of it. So, without further ado, let us take a look at some of the ways to keep your bike in good condition.

Tips to Sell Your Used Bikes

Here are some of the suggestions to sell your bike:

Documentation

Getting the papers ready for the bike is perhaps the most important thing you need to take care of before opting to put the bike on sale. Make sure that all the relevant documents such as the original papers of the purchase of the bike, insurance papers (if any), etc. are there to show to the prospective buyers.

Learn about Your Bike

The most important thing to know before selling your bike is to have the right knowledge about your bike. This could be anything and everything. Right from the purchasing price of your bike to its current market value, you should take these facts into consideration to have an idea about how much returns can you expect from your used bike. Apart from this, it is also important to learn if there is anything wrong with the bike and the significance it can have when you sell bike to someone.

Learning about what you are going to sell is one of the most important things to do

Repair and Replace

Once you have decided to sell your bike, it is necessary to make sure that it can get you the highest price possible. For this to happen, it is important that you make sure that all the parts of the bike are working properly right from the brakes to the wheels. If you find there is a problem with some part of the bike, then you will have to get it repaired. If the part is beyond repair, then the only option left would be to replace it with a new part. Do not consider this as an added expense as while selling the bike you can demand a higher price for the renovations you made in the two-wheeler.

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Presentation

Now that all the problems with the bike have been mitigated, it is time to make it look presentable. Wash your bike properly so that it looks shiny and new. Then the next thing to do would be to click high quality pictures of the bike from different angles. These pictures should make the first impression about your bike. The more presentable a bike looks, the better are its chances of being sold at a higher price. However, an important thing to keep in mind here is that do not edit the images of the bike too much as you would not see much difference in what it looks like in the images and how it actually is.

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How well you are presenting your bike can make or break a deal

Setting up the Price

Now a relevant thing to do here would be to set up the price. The pricing of a bike depends on a lot of factors. Depreciation is an important one to consider here. If you want to sell a bike that has been used for a long time, then the amount you will be getting for it will not be much, no matter how well-maintained it is. People would like to have bikes that live up with the standards and which are not too old. But if your bike is let’s say 3-4 years old, then there would not be much problem in selling it at a good price. Hence, depending on the condition of your bike, you will have to set up a selling fee which will seem agreeable to the buyer as well.

The Description

When you are posting the ad about your bike, you should make it a point to give impressive descriptions. Highlight the major features of the bike. This should act as the USP of your bike so that the buyer gets hooked by the specifications the bike has in store for him. Do not try to oversell things in your description as it might create a negative impression among the buyers. Just accept the fact that the bike is used and your purpose of selling it at a competitive price is simply because of the good condition in which the bike is.

Keep Yourself Updated

Posting the ad and then waiting for the right buyer will not always work. You have to keep yourself updated about the ad and the number of people who are seeing your posts. If possible,  reupload the ad after a month or so. Answer all the queries of a person about your bike even if you sense that the person will not purchase the bike. Since you are the one selling the bike, you will have to make an extra effort to get the right deal. A good approach will also help you in the future to sell another vehicle.

With these tips and suggestions, you will be able to sell a bike no matter how much use you have made of it. Selling the bike alone is not important, it is also important that you get the right amount for it and for this to happen, it is essential that you maintain the bike well. With the decent returns that you make from the used bike, you can easily get a new one without having to pay too much for it.

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