Motorcycles For Sale By Private Owner

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And you have to get rid of your old bike. Or you’ve recovered from it, you’ve become a new parent, have financial difficulties, or have other reasons. While selling a vehicle itself isn’t difficult, there are definitely some tips and steps that get overlooked because it’s not something you do often. Here I will explain step by step my actual experience selling the 2016 Kawasaki Ninja 650 ABS pictured above. I hope this helps make things easier for you when the time comes.

Motorcycles For Sale By Private Owner

Even if you don’t need it now, I recommend “bookmarking” it for future reference. If you have a motorcycle, eventually it will come in handy and you won’t remember where you saw it.

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We have now also allowed this guide to be written as a complete, almost authoritative manual for the capable motorcyclist who wants to sell his bike for maximum profit (in the hope of raising funds for his next bike). Assume the bike is in good condition, reasonably well maintained, and you’re willing and able to put in a little effort to make your bike as attractive (read as desirable/valuable) as possible. The goal here is to justify an above-average price within a reasonable time frame, not to sell quickly at a rock-bottom price.

Additionally, this guide may be updated with new information over time. To view the latest version, please view here.

Selling a vehicle is similar in all states, but each specific state has its own characteristics. This guide is written from a Florida perspective. If you live in another state, be sure to check the specific information for your location.

All information in this article is the subjective, limited opinion of the author. The accuracy or timeliness of any information contained herein is not guaranteed and should always be verified.

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Disclaimer: I am not a lawyer and have no legal training. This is not legal advice. This is just a random free post on the internet and you should treat it as such. No claim is made as to the validity or enforceability of any of these documents. I’m just posting what I use and others may want to use it as inspiration for writing their own papers. We strongly encourage you to rewrite or edit all documentation to reflect and address your specific issues and needs. If anyone accidentally decides to use these files or files derived from them, they do so entirely at their own voluntary responsibility. Always consult an attorney first.

You should always consider selling your bike yourself. Keep in mind that if you “trade-in” your vehicle, each dealer will keep between 10% and 50% of the bike’s value (meaning they pay you much less than what you end up selling it for). for). If they risk you buying a bike in unknown condition, I’m sure they need to make a profit to make it worthwhile. Not only that, but they won’t let your bike take up space for months. They need a price to sell immediately to anyone who walks through the door. It’s impossible to wait for the ideal buyer who is looking for this bike and willing to pay top dollar for it.

The moral of the story is that selling your own car will always give you a greater return (as long as you put in the effort). Although you may feel nervous or unsure of how to do it, the process is very simple and won’t be overwhelming.

As far as documentation goes, there are a few documents you need to take with you. I’m just posting what I used in case anyone wants to use it as a reference.

Free Printable Motorcycle Bill Of Sale Templates [pdf, Word]

While you’re at it, do a FLHSMV vehicle information check (or your state’s equivalent). All it requires is the title and VIN number, and it will tell you if there are any liens on the vehicle, the number of previous owners, and more. This is what you want to check for errors and then save as a PDF to give to buyers or provide a link for them to check for themselves. If you have a lien against the vehicle, determine the lien and your title before proceeding.

Finally, you may or may not have an updated vehicle license plate. If you transfer the plate to another vehicle (or let it expire) but you still need the plate for a test drive, you can apply for a temporary license at your local tagging agency. In Florida, the fee is $10 (currently), only lasts 1 month, and you can only apply once (possibly). The benefit is that it’s much easier to explain why you have an expired temporary tag (if it expired before you sold it) than it is to explain why someone tried to ride your bike without a tag. That’s how it used to be.

Note: No need to worry about taxes. Here I am referring to income tax. You’ll rarely get more than you paid for the vehicle, so you won’t have to pay tax on what’s built (check your specific situation, though).

If you’re not an enthusiastic mechanic, this might be nothing more than checking the tire pressure and shaking the bike to see if anything is loose. If the chain is really loose and you don’t know how to adjust it, take it to a mechanic. But other than that, I really avoid spending any money on the whole thing.

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However, if you’re into the hobby and already have the necessary skills and equipment, there’s plenty of cheap land available and you can make quick repairs and maintenance that potential buyers will be grateful for. While this doesn’t typically increase the selling price, it can help sell the bike faster and convert hesitant buyers into paying buyers. It should take less than a weekend to get everything taken care of.

This is something you should do while you’re holding onto the bike, not before selling it, but it’s often worth putting the finishing touches on the bike and checking some prices.

While you’re at it, you might also consider removing any upgrades or replacing some OEM parts, depending on the value of your bike, the expected type of potential buyers, and the demand for its parts. For example, some OEM mirrors cost $140 (pair) or more (used – just like new. You’d be surprised how often stationary drops damage them), while a good pair of generic replacements Products tend to cost close to $30 (if you declare the update as an extended image, then this is not a bug, but a feature!). If you replace them and sell OEM on eBay, you can easily make a profit without affecting the resale value.

The same goes for certain upgrades (many aftermarket fender eliminators and sliders cost less than OEM components (in good condition) and are ideal upgrades for buyers). Other parts such as OEM safety reflectors (in most cases are the ones people remove) or license plates they have value in the aftermarket but are completely unnecessary for the bike (most people remove them anyway).

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Also, if you’re buying a second bike, see what parts can be transferred from the old bike to the new one. Common examples are custom license plate holders, oil drain valves, expensive LED bulbs, some accessories, etc. When in doubt, and if it won’t increase resale value, remove it and then decide what to do with it. If specifically requested by the buyer, you can always “find” the vehicle before it is delivered. This way you can easily save/make hundreds of dollars. Worst case scenario, you get paid by giving it away to someone who needs it on your favorite platform.

Finally, since you don’t know how long it will take to sell the bike, fill up the gas tank and put a gas stabilizer in it (remember to run the engine to circulate the fuel lines). If you haven’t already, install the battery charger harness so it’s permanently attached to the battery holder. You have to have your bike ready to show off at any time, so it’s important to keep the battery charged.

Motorcycle sales are like job interviews. If left untreated, you may experience other problems. The main reason why people prefer buying new cars instead of used ones is that they are never sure about how the bike will handle. If you don’t clean it properly when it’s ready to sell, when it should be looking its best, then you may never have taken better care of it while you owned it. Take the time to clean bird poop. If you don’t care about little things like washing, forget about basic maintenance.

I am a detail oriented person so I passed this on

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