Sell Your Motorcycle
What you need to know
You've been riding your motorcycle for a few years now and the motorcycle magazines and your buddies have been making you think about getting a new or different bike. You finally know what you want and are ready to buy. Unfortunately, that usually means trying to figure what to do with your current bike. Should you sell your motorcycle or not?
What are your choices?
- Keep your motorcycle
- Trade it in
- Auction it
- Sell your motorcycle
Keep Your Motorcycle
If money's no object, you can afford the insurance, you have lots of garage storage and you will be able to use the bike to keep it from deteriorating, then this choice may make sense. Of course, some people get so attached to their bikes that this option is the only choice.
Trade Your Bike In
If you're buying new, your dealer will probably take your bike as a trade-in. Be sure to check the various Price Services (Kelley, NADA) to see what your bike is worth to help you in the negotiation process. If you are buying from a private party, they most likely won't care about your old bike.
Auction Your Bike
Auctioning a bike is a new way to sell your bike. Here are two of the most popular services. Check out how others have written up their bikes and included pictures before you decide how to list yours.
Sell Your Motorcycle
There are many ways to sell a motorcycle. Here are the options.
- Tell Your Buddies
Always tell your friends that you want to sell your motorcycle. Even a friend who doesn't ride might suddenly take an interest in wanting to learn to ride and might want to buy it.
- Tell Your Motorcycle Club Members
If you belong to a motorcycle club, announce at a club meeting that you want to sell your motorcycle. If there is a club newsletter, list it there also. Since your bike will be well known to the club, you may get a fast sale.
- On Consignment with Local Dealer
Often a local dealer will either put your bike on the floor for sale and take a small commission or make it known to others looking for bikes that you have one for sale.
- Local Newspaper Want Ad
Every newspaper has motorcycle want ads. Just try to make your ad stand out.
- List on the Internet
There are many Web sites that offer free want ads for motorcycles. You can also try listing on the various motorcycle forums.
With all these possibilities, selling your motorcycle should be easier than you ever thought.
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