Are you in the process of selling your motorcycle? There are a few steps you can take to make the process easier. In this post by Synthetic Oil Outlet in Staten Island, we’ll go over the basics of selling your bike.
Do a Bit of Basic Maintenance
The first step before selling your motorcycle is to do some basic maintenance to make sure it’s in the best shape possible before selling it. The main aspects to focus on are the following:
Oil change: Doing an oil change can help your bike’s engine run smoother and helps protect engine parts from getting damaged. Changing your oil can also help with gas mileage.
Air filter: Your air filter’s primary role is making sure that debris and dust don’t enter your engine. The air filter also helps your engine in being more fuel-efficient. Changing it is vital in maintaining a healthy engine.
Tires: Check your tires for tread wear, bulges, or cracks. If they’re in good condition, ensure you fill them to the recommended air pressure to avoid premature wear
Coolant: Make sure your bike has enough coolant and that it’s still clean. If it doesn’t have enough coolant, refill it to the indicated line.
Chain: If it’s been a while since you last cleaned your motorcycle’s chain, this is an excellent excuse to do so. As a rule of thumb, a chain with O-rings should be cleaned and lubricated every 600 miles.
A well-maintained motorcycle will always resell for a better price; make sure you’re keeping it in good condition with the best products on the market. Call the experts at Synthetic Oil Outlet at (718) 354-0548 and ask about their excellent formulas for your bike.
Price Your Bike
Once you’ve done a bit of basic maintenance on your bike and you know the condition it’s in, it’s time to research motorcycle prices and what asking prices look like in your area for bikes like yours. There are a few places where you can look at prices like the Kelley Blue Book or NADAguides, which are good references of your motorcycles, your make, model, and year go for. Compare these prices with online listings for a realistic price to sell at.
Once you have a base price to work with, you can decide how much to ask for your bike and how much wiggle room you’d like to give potential buyers. Remember that there’s a sweet spot in between asking too for too much or too little. If you go too high, you might discourage potential buyers, but you might end up losing money if you go too low.
Choose Where to Sell It
Another critical decision when selling your motorcycleis to decide where to sell your motorcycle. General online marketplaces and specialty online forums offer the option of reaching many potential buyers. If you go through this route, make sure you take some nice pictures of your motorcycle to catch their attention. Also, include as much information as possible in your post’s titles and descriptions to ensure the post will get to the right people.
If selling it yourself isn’t for you, an excellent route to take is to look for a local motorcycle dealer that can sell it on consignment. Finally, AMCA swap meets are great places to find potential buyers if you have an antique motorcycle.
Another good way to convince potential buyers is to let them take the motorcycle for a test ride. Motorcycle test drives are slightly different from testing out a car as the seller can’t accompany the rider. To keep everyone in the transaction safe, make sure to sign a test drive agreement with the potential buyer. Some sellers opt to exchange money for the test ride to ensure their safety in the transaction. Additionally, make sure you have a photo of the potential buyer’s license and make sure they’re an experienced motorcycle rider.
Have the Paperwork in Order
Finally, before you sell your bike, ensure you have your paperwork in order. This includes your motorcycle’s title and the VIN. Also, make sure you and your buyer sign a bill of sale once the purchase is finalized.
Keep in mind that selling your motorcycle for top dollar means keeping it in good condition. Ask the experts at Synthetic Oil Outlet about their product recommendations by calling (718) 354-0548 or visit their online shop for their full range of products.