In India, most of the people who are daily commuters prefer to use a bike for their daily commute to work or any other place. So, motorcycles are very much in demand among the vehicle buyers in the country. Furthermore, demand for used bikes are increasing day by day as well-maintained pre-owned bikes are available at very affordable prices in the used bike space. However, there are certain things one should keep in mind while buying a used bike.
As the product belongs to someone else and you do not have any idea about its history, always ask for the service history report of the bike from the seller. This way you would know if the used bike you are going to buy has gone through any major repair or damage. Secondly, do not forget to take a proper test ride before buying a used bike. This way you would get to know how the bike responds and about its overall performance.
It is always better to take a professional mechanic with you while going for the test ride. Any person who has a thorough technical knowledge of bikes will be able to tell you all the pros and cons of the used bike you are planning to purchase. Also, you should check for the authenticity of the factors mentioned by the seller. See if both the mechanicals and the aesthetics are in the same condition as it is described by the seller.
The used bike market in India is seeing a tremendous growth these days as most of the motorcycle buyers are going for used bikes instead of the new ones. This has given a boost to the used bike industry, and now the sellers are also more confident about it. However, sometimes it can be a very tricky task to sell a used bike and there are certain things you need to keep in mind for this.
Firstly, if you want to sell your used bike at a good price, you need to keep it in a very well-maintained condition. In other words, if you value your bike, it will return a good value for your money. Secondly, you should get it checked by a professional mechanic who will examine the bike thoroughly and will let you know the exact price on which you can sell it off. The value of a bike depreciates over the time and there are several factors that contribute to it such as the model of the vehicle, year of manufacturing, trim/variant, the odometer reading that states the kms driven, etc.
There are online websites like Orange Book Value that suggest the fair market value of any bike based on the factors mentioned above. It is recommended that you check the fair valuation of your used bike before quoting a selling price in front of a buyer. By quoting a fair price, you can seal the deal very easily without much of negotiation.
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