Private buyers and dealers are on the lookout for well-cared, maintained, and standard bikes alike, especially the models that are ruling the market. They want bikes with service history, and all the facts fully-documented. Moreover, gaudy imitation carbon and anodised trinkets can detract highly from a bike’s resale value. Slight modifications can also increase the resale price. You should go for practical reforms over simply cosmetic.
Factors to be Considered
Quality upgrade can raise buyer’s confidence and attention; if there are any maker’s optional add-ons and if you’ve installed, let it highlight. Before you sell your bike, know what its current value in the market is. There are many factors that decide resale value of the bike. Not all new models would sell at a higher price.
Classic/Vintage Bikes Always Sell for High Prices
Some of the classical pieces can sell at double the price than it was bought for. If there is too much demand for classic bike, and if you’re selling it, make sure to price it right. Unlike new bikes, the cost of used models can vary considerably. It’s important to do a little research, when considering selling a classic bike. You need to be practical while determining the price of the model.
Keep It Interesting
You must have added some interesting features, but make it look like that it’s an add-on, not the cover for dent damage! The custom spray jobs should be highlighted in the right way. Things may look worse, if there is heavy (too much) modification. If you’ve thought of adding customized feature, think it practically or else it would be a weighty financial loss.
It is possible to prevent big-time depreciation by choosing the right bike and accessories in the first place. If you’re using sports bike, and planning to get top dollar, then purchase a clear road-test victor, so that your bike looks best in its class worldwide. Opt for better and practical features that offer a guaranteed and pricy future classic bike.
Few other factors that savvy buyers consider include price trends and resale value. Location, repair costs, provenance, and purpose are the most important aspects that most buyers consider. Your location matters the most, as shipping costs (travelling price) determine the total value of the bike. You should find out for what prices bikes in a nearby location are sold. You should quote the right price and be ready to negotiate with buyers.
Is the market value of the motorcycle decreasing, rising or stable? You should do a little bit research online to quote the fair price. You should also give information about the availability of spare parts and repair parts in nearby locations.
Buy Only from Reliable Sources
colinappleyard.com is one of the premier multi-franchise, independent motorcycle centres of the United Kingdom, offering best used and new branded bikes, such as Yamaha, Suzuki, Sym Scooters, Kawasaki, Ossa, Beta, Oset, and Scopra. If you’re looking to sell used motorbikes Bradford, agencies like Colinappleyard.com can help you in many ways.
Clean and service the bike on regular basis (not during the time of sale), so that you can hike the value for a smaller price.
Author Bio – This post has been contributed by Aaron Anderson, who is a blogger and has several blogs and websites that provide insight into both classical and latest bikes.