Do you ponder, “Is it time to sell my motorcycle?”. If you have a junk motorcycle lying in your garage, then probably you may experience such thoughts. However, it’s hard to imagine how selling junk motorcycles would be worth the effort!
It may surprise you, but your bike has a lot more worth than you think. It’s still valuable for the junkyard companies. They are ready to pay you a good amount for its metal parts. All you have to do is find the right buyer.
Here are few tips you can follow to get the best deal:
Research how to sell junk motorcycles
Entering the deal without any idea about the market prices can be an unpleasant experience for you. Moreover, you will face plenty of difficulties while negotiating with the buyers. For example, it will be difficult for you to identify whether the offers are genuine or not.
Therefore, you need to equip yourself with a basic understanding of the market prices for used bikes. For that, you can search online sources that provide relevant information. You can also look for websites that offer a free valuation. Then, all you need to do is fill a simple form, and you will receive an approximate price in seconds.
Prepare your documents
Are you selling your bike to a regular buyer? If yes, then do gather all your important documents as you may need them during the sale. These documents include the title, warranty card, service records, etc. You never know when the client may ask you to show them. Not having the documents at the negotiation time may be embarrassing, and you won’t like to be in such a situation.
However, selling a motorcycle to a junkyard shop is different. You don’t have to worry about the amount of documentation work. All you will need is the tile to prove your ownership.
Host a test drive
Are you looking to sell your motorcycle to a regular buyer? If yes, then do arrange for a test drive. Most of the buyers are interested in testing your bike’s condition before they finalize the deal. Also, if your motorcycle is in good condition, you will have a solid point to support your selling price.
Inform your insurance company
If you manage to close the deal at your desired price, then it’s a piece of great news. First, however, you need to share it with your insurance company. Remember, you are still the owner in their records, and they may intimate you for the next premium. So get in touch with the insurance agent and ask him or her to cancel your account.
Where can I look for junk motorcycle removal companies?
Traditionally, local visits were convenient. People would roam around their homes and find junkyard shops nearby. However, with time the ways to see motorcycle removal companies have also changed. Now you don’t have to depend on the local buyers. Instead, it’s convenient to reach out to a large number of buyers in no time.
Online platforms are the best example. First, you have to set up a profile by putting up a brief description and some good quality pictures. Then, once you post your ad, the buyers will find it and reach out to you with their offers. And all this happens in a matter of a few clicks.
However, you need to be wary of scammers who are present among other buyers. It’s hard to tell in the first conversation whether a buyer is genuine or not. And if you are not cautious, a scammer may even manipulate you with false prices.
To make sure that you don’t fall into their trap, you need to gather basic information about the market prices of used motorcycles. Once you know the value of your bike, you can easily distinguish it among prospective buyers.
Are motorcycle removal companies genuine?
Usually, the registered ones are. However, you can’t simply trust without a careful evaluation. Many scammers in the market try to fool the motorcycle owners with fake offers. Here is how you can check the credibility of the buyer
Visit their website
The information on the buyer’s website can provide you with enough evidence that they are genuine or not. A professional buyer will have all the necessary information mentioned on the website. Also, the overall look and design will be very professional. You can also look for the consistency of the content.
Read client reviews
If you can’t get enough evidence from the content, you can read out the client reviews. Don’t just read a few of them. Try to see what the client with poor reviews is saying. Are they complaining about the delay in payments? Are they mentioning a scam?
Can I sell my motorcycle without the title?
Misplacing a title is not rare, especially when your motorcycle is too old. You lose track of your documents sometimes, and it isn’t easy to find them. The motorcycle’s title is needed to transfer the ownership to the buyer. It’s proof that you are the owner. But don’t worry if you have lost it. You can work around with other methods. Here are three ways you can adopt:
- Contact DMV
You can contact the local department of the motor vehicle and ask them to issue you a duplicate title. They may assign an agent who will communicate with you for verification. However, you may also have to pay some fee for the process. Besides, you may have to wait for some time to get your duplicate title. Meanwhile, you can speak to the buyers about it and keep them engaged in the deal.
If you have bought your motorcycle on loan and are still paying the instalments, then it’s great news for you. The bank will have all the details, including your ownership document. You can give an application to the manager requesting to issue a copy of the title.
- Search locations
Though most places have made the title a mandatory document, few locations allow the transaction without it. You can search online for such zones and try contacting buyers in the area.