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Things To Keep In Mind When Selling Your Bike

Written by Sharad Bajaj
Updated On Nov 07, 20222 min read
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Selling your bike can be a daunting prospect, but in fact it is easy. Read through the process to make it a seamless process for you.

There are times when you would want to sell your two-wheeler due to certain reasons such as when you want to replace it or don’t require it anymore. No matter what your reasons are for selling your bike, there are certain things that you need to be aware of during this process so that there are no issues in the future. So, listed below are some of the essential things to keep in mind while selling your bike.  

Things To Keep In Mind When Selling Your Bike

Essential Things To Keep In Mind While Selling Your Bike

Listed below are a few things that you need to be mindful of while selling your bike:

1. Find The Right Buyer

First and foremost, you must find the right buyer for your bike. You can either sell your bike to a dealer or a customer who is planning to buy a used bike. Make sure to take complete details of the person to whom you are selling the bike to stay away from any fraud in the future. 

2. Prepare Your Documents

Once you have planned to sell your bike to someone else, it is very important to keep all the documents ready beforehand. You will require documents like a bike ownership certificate, pollution certificate, driving licence, sales agreement, and a few more documents in this case. 

3. Negotiate The Price

Whenever you are selling your bike to someone else, you might want to crack the best deal. Right? So, in order to do the same, you will have to negotiate the prices with the dealer or any other person to whom you are selling the bike. You can refer to the prices online to understand what is the selling price of secondhand bikes and set the price accordingly. You can also contact a dealer or someone who has sold their bike to understand more about the selling prices of a used bike in India. 

4. Get Your Bike Repaired

The moment you have planned to sell your bike, you must first ensure whether your bike requires any repair or not. In case any kind of maintenance is needed, get it done on priority so that you don’t have to extend the timeline for selling your bike. A few things that you need to ensure the maintenance of your bike include battery check, brake and clutch check, engine oil change, cleaning of the engine, and more. So, ensure that your bike is in the best condition and you can get the best prices from its sale. 

5. Transferring Bike Ownership

After you have made a complete agreement about selling your bike, make sure to transfer all the bike-related documents to the new owner’s name. It is your responsibility to transfer the bike ownership details like bike insurance, PUC certificate, RC, NOC of bike, and more. For transferring your bike insurance details, you can simply get in touch with your insurer and follow all the required steps. 

6. Make Sure Your Bike Is Well-presented

Another thing that you need to be mindful of is to make your bike presentable. If you are selling your bike online, it becomes all the more important to upload quality images of your bike so that interested buyers can easily get lured to buy your bike with its appeal. You can take pictures of the bike from different angles so that the potential buyer can get a clear picture of the different parts of your bike. Moreover, also add your personal details on the online platform so that buyers can easily contact you.

Conclusion

So, whether you are planning to sell your bike online or offline, make sure to keep the above-mentioned points in mind. This will help you in making a good deal and even make the process of selling the bike even more convenient and hassle-free.

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Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

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Written by Sharad Bajaj
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 Sharad is an insurance industry veteran who has managed motor insurance products for over a decade. He helped set up and scale the motor insurance vertical for a leading insurance company in his previous stint. In his spare time, Sharad likes to read and be in tune with nature.

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