Many individuals today choose to buy a used motorcycle. They know doing so will allow them to save money while getting a bike they love. However, before making this purchase, a rider should research the motorcycle market and thoroughly examine the bike to ensure they get a good deal. What else should they know when looking at these machines?
Why Purchase Used?
Some people don’t want a used motorcycle because they worry they won’t get a good machine. However, there are many benefits to buying used rather than new. Affordableness is one reason people cite when they explain why they buy used, and avoiding depreciation is another.
Choosing a Used Motorcycle
Before buying a used motorcycle, a person must do research. They need to know which bike suits their needs based on their riding style. The rider must set a budget for this purchase and understand what used motorcycles are currently going for to ensure they don’t spend more than they need to.
Dealership or Private Seller?
Individuals must decide whether to purchase from a dealership or a private seller. Purchasing from a dealership gives them peace of mind because they know they are getting a machine that has been thoroughly examined. Many used bikes purchased through dealerships come with a warranty or support once the purchase is complete.
Other people choose to purchase their bikes from a private seller. The price is often less because the private seller doesn’t have overhead they must cover. However, this purchase is riskier. A private seller won’t need to adhere to rules that dealerships must comply with. Also, if the bike has issues, the purchaser won’t have the same level of support.
Require an Inspection
A rider should never purchase a used motorcycle without inspecting it first. Examine the tires and wheels for wear or damage and test the brakes. Start the bike and listen for any unusual noises. Check for unusual vibrations that could indicate an internal issue. Inspect the drive chain or belt and sprockets for wear. The frame and electrical system should be in good condition.
Before purchasing, request any service history documents from the owner. In addition, ask to see the title and ensure the VIN on the bike matches what is shown on the title. Numbers that match show the individual has the legal right to sell the bike.
Test Ride
Before completing the transaction, take the motorcycle for a test ride. During this ride, see how the bike feels. Listen for strange sounds and pay attention to any unusual movements. Ensure the gears, breaks, and other components work as expected.
Negotiations
A buyer should always try to negotiate a lower price. The goal is to find a reasonable price without going too low. Research done before looking for a used bike can significantly help when negotiating. The buyer knows exactly how much similar bikes are selling for. The buyer can share this information with the seller if they hesitate to negotiate.
Paying for the Bike
Buyers should be prepared to pay for the bike when both parties agree on a price. They should look into financing before searching for a bike or have funds available to purchase immediately. Many people choose to finance the bike and should shop around for the best loan terms and conditions. Doing so will allow them to enjoy the bike without paying more than they absolutely must.
Individuals should never purchase the first bike they look at unless it’s precisely what they want. Finding the perfect bike may take time and effort, but it is worth it in the end. When a rider takes these steps, they will have a bike they love and want to ride for years.
