how to sell your bike successfully

If you're unsure about the procedures for selling a motorcycle safely and with a guarantee of success, you're in the right place: in the following lines, from ACMOTOS we're going to explain what options you have.

How do I sell a motorcycle?

The first question is: where should I sell my motorcycle? One option is a professional sales establishment, where the process is straightforward: if you agree with the valuation price, you hand over the bike, receive the money and they take care of the change of ownership and all the paperwork.

The other option is to advertise it on a specialized portal and sell it to a private individual. In that case, you will need to carry out the necessary procedures yourself to change the ownership.

What paperwork is required?

The following. And keep in mind that you should perform them in the order indicated:

• Sign the private sales contract, which must include all the details of the buyer, the seller, and the motorcycle, along with its sale price.
• Submit the sales contract and the motorcycle's documentation to a regional (not state) tax collection office to settle the ITP (Property Transfer Tax).
• Request the change of motorcycle ownership at the traffic. For this, you must provide the sales contract, the paid ITP, and copies of the ID of the buyer and the seller, as well as the circulation permit and the motorcycle's technical sheet.

If you carry out the procedure in person, the DGT will provide you with the new circulation permit on the spot. If you do it online, they will send you a provisional circulation permit by email, and later, you will receive the definitive one at your home.

What do I need to do to sell it quickly?

If you need to sell your motorcycle because you require immediate liquidity, you will need to set a particularly attractive sale price for potential buyers. To do this, follow these steps:

1. Find out the average sale price of your motorcycle

Invest time in checking the prices at which motorcycles of the same model and age are advertised. Add up all the obtained prices and divide that number by the number of motorcycles analyzed, to obtain a reference of the actual average sale price.

2. Advertise it at a favorable price

Once this is done, you can choose to:

• Apply a reasonable discount to the average sale price you've calculated.
• Offer a 5% discount compared to the cheapest price you've observed.

Obviously, the second option is the one that will get you a higher number of calls or contacts from interested people.

3. Spruce up the motorcycle to the max

It's easy to close a sale when the price is very attractive, as long as the motorcycle is mechanically sound. But another decisive factor is that the potential buyer sees a machine whose aesthetic appearance is impeccable, for this we recommend using Total Bike from QMCLEANER which provides a professional finish on your motorcycle.

Therefore, rectify any defects that might be on the body or fairing. They might be minor, but keep in mind that lack of shine and scratches make the motorcycle seem older than it is and lead the interested party to think it has been carelessly used.

How can I be more successful selling the motorcycle?

Now, speed is not the only factor to consider. You might be more interested in learning how to sell a motorcycle privately and get the most financial return from it.

In this case, you will have to find someone particularly interested in your specific motorcycle model. That way, the chances of selling your used motorcycle at a high price increase.

Obviously, it will take you longer to find someone interested in your specific motorcycle model than someone who doesn't care about the brand or model. So you will need to be patient and wait for the right opportunity.

In this case, we recommend that you start by advertising your two-wheeler at a slightly high price (but not exorbitant) that allows you to later give a discount. If the price is slightly high, whoever calls or contacts you will do so because they are very interested in that specific model.

In that case, rest assured that in the first conversation they will already try to get you to drop the price. And that will be the moment to make your move: apply the discount you had already thought about and suggest to the interested party that they inspect the motorcycle in situ. If, after the discount, they agree to see the motorcycle, you can be pretty sure you are very close to closing the sale.

And now that you know how to sell a motorcycle to an individual, remember that at ACMOTOS we have a myriad of accessories for your two-wheeler, which you can use to enhance its aesthetics and thus, sell it as quickly as possible or get the best price for it.

Share

• Facebook
• Twitter