Press "Enter" to skip to content

Know the Re-Sale Value Before You Buy That New Motorcycle

You must known just what the resale value of that new motorcycle is before you buy it. Away side of rider match ups, resale value might be the main aspect in buying a brand new motorcycle. The reason for this is the simple fact when the time comes to trade your motorbike for home, you will want to know that you will get what their motorcycle is worthwhile, and you will not owe anything that will be tacked on to the end of your next motorcycle financing. I will assure you that generally you will not get what you think your motorcycle trade in is worth. An example of this is, I bought a new Honda VTX 1300S in 2005, and in 2007 I desired to trade up for a new Yamaha Raider. advice on motorcycles

I went back to the Motor Sport seller that I bought my VTX from in expectations of getting a great trade in offer. Also though I had purchased my motorcycle from them, the best the seller could do was offering me $4800. 00 investment set for my used motorcycle. I stilled payable roughly $6500. 00 on the VTX, so My spouse and i would have had to tack the difference on to the end of my financing for the new Yamaha Raider to repay my Honda VTX or pay the difference away of pocket. I would have one other option though, and that was going to sell the Honda my self to get the particular bike was worth. The possibility to sell my Honda out right was the best way to get the best return and assure that I could pay off my motorcycle before My spouse and i financed the new Raider. Yet , with all of the special incentives and deals on new motor bikes made available from the dealer, offering my used VTX was easier said then done.

I parked the VTX in the parking great deal next to my house with a for sales sign on it. The trail was busy with a great deal of traffic. I did so get an occasional passerby to quit and look at it but no calls or offers came in at all. Next, I put an ad within my local newspaper. It was not that pricey, but it wasn’t cheep either. We ran my ad for a few weeks and didn’t even get one call. Roadrunner has a classified advertisement section; so I located an advertisement there as well, still not luck. I was nearly to give up and go back to the dealer, take my losses and get my new Yamaha when I actually decided to try one more thing. I gone to Google and I actually did a search for used motorcycles. I was pleasantly surprised about how many used motorcycle auction portals and classified websites there are on the web. I would somewhat of investigating and found a couple of motorcycle-classified webpage’s that appeared promising. I used to be a little surprised they really were not very expensive at all. I put an advertising with a photo, price, and info and in simply a few days, I actually started to get interested callers. I did finally sell my Honda VTX 1300S and i also did buy the Phazer Raider. I could have saved my self a lot of and get worried if I had done my homework, shopped around and bought a motor bike with an improved resale value. However, since I did not, selling my used bike my self and getting the retail price for it was the smartest choice.
a
If you are like me, it is likely you want to get as much out of the sales for your motorcycle as you can. The very first thing you need to know is what your used bike is worth. You should continue line to the Black book canada website and look in the motorcycle section. You could also navigate to the NADA courses on line, again go to the motorcycle section and show up your motor bikes make, model and season, and find the selling value. You can also find your trade in value of your motorbike just in case you plan to trade it in. Once you know how much to obtain your used motorcycle, take some time before you learn to advertise and do a lttle bit of investigating. Seem for local publications, newspaper publishers, and web page free classified sites to might be able to place an advertisements.

Compile a set of these classified sources. Discover out how much you will be charged to place an ad in each one. Find away if they may have any testimonials or when you can contact some the one which has posted an advertisement in their classifieds and made their sale. If you find a very good news publication or webpage classified that has a great record of selling motorcycles then the it’s likely that good that you will sell your bike as well. Yourself where to place your bike for sale ad, you will need simply a few things to get the best bang for your buck. First, you need to take into account and write down what you want to state in your ad. “Motorcycle for Sale” just will never work in today’s highly completive used motorcycle market.

For anyone who is selling a retro lime green 1999 Phazer Virago that only has 2500 miles on it and was once held by the Madonna, then you need to talk about so. The more descriptive you are in your ad the better chance you have of some one looking for what you have to offer. The next thing you want to have is a nice clean and clear image or photographs of the motorcycle. Some times some is not enough. Even if your description tells everything there is certainly to know about your used bike.

Comments are closed.