The question, “How to sell my motorcycle,” needs special attention as selling anything can be a hassle, especially if it’s mechanical in nature. You need to persuade the buyer that the condition of your motorcycle is acceptable and it will be of worth to them. It’s challenging to bring a buyer on board without providing a significant value. However, proper market research, bike valuation, and good negotiation skills can help you attain the price you expect from the sale. Prior preparations will help you better understand the process and equip you with enough knowledge to persuade the buyer to pay you the desired amount.

Let’s have a look at some of the strategies that will help you get the best deal.

Steps to sell my motorcycle:

Start with market research

An average person does not have much knowledge about the process of selling a motorcycle. As such, it’s not advisable to enter into a negotiation without a proper understanding of the market. For that, you need to explore the prices for junk motorcycles. You also need to know the locations where the demand is higher. That way, you will be able to target the right buyers.

Get quotations for your motorcycle

To know the approximate value of your motorcycle, you need to reach out to websites that provide free quotations. You have to fill an online form mentioning the details of your bike. Once you submit your record, the experts will contact you with the offer.

Prepare your motorcycle

The first impression is the last, and it holds true in the case of selling a motorcycle. The buyers can refuse the offer on the spot if they find a dirty bike. All you have to do is give your bike a quick wash to remove the dirt from the body. You can also add some wax to the surface to give it a nice shine.

Prepare your documents

Besides getting your bike ready, you need to gather all your essential documents, including the title,warranty papers, service records, etc. The title is a must as it is required to transfer the ownership to the buyer. If you have all the documents with you beforehand, your transaction will be quick and hassle-free.

Get payment in cash

Cash payments are the safest option. You don’t have to cross-check the credibility of the buyers. The worst-case scenario would be that the buyer provides you fake notes. However, if you are vigilant, the buyer can never fool you. Also, make sure that you receive the entire payment on the spot. Don’ accept any offer of partial payment. There is no point in sending reminders to the buyers in the future.

Inform your insurance company

Get in touch with your insurance company and inform them about the sale. You need to do that before your next installment is due. Ask them to remove your subscription so that you don’t have any liabilities in the future. Also, contact the local department of the motor vehicle and ask them to cancel your registration. Remember, unless your registration is canceled, you will be regarded as the owner of your motorcycle and will be responsible for any mishap that happens after the sale.

Learn how to get the maximum value for your motorcycle from our blog “How to sell my motorcycle for the best value?”

How long does it take to sell a motorcycle?

There is no set timeline for selling junk motorcycles. It depends on various factors. For instance, if your bike is in good condition, you may be able to find buyers quickly. The other aspect is your location. Demand for used motorcycles varies from place to place. You need to find out which sites have a high demand and try pitching your offer. That way, you will be able to close the deal in a lesser time. Also, you need to gather all your documents before you contact the buyers. Prior preparations will eliminate any delay during the process. For instance, if you have lost the title, ask the DMV to issue a duplicate one.

How do you protect yourself when selling a motorcycle?

It’s not advisable to rush to sell motorcycles for cash when you receive an offer. You may never know who you are dealing with. Many fake buyers present themselves as professionals and then manipulate with low-priced offers. It’s better to take some time to evaluate the buyers by going through their profiles and reading the client reviews.

Do people buy motorcycles online?

Online selling is the easiest and quickest way to reach out to a large number of buyers. Many buyers, including regular ones, junkyard shops, and professional dealers, put their profiles online and search for sellers. Some websites help connect the sellers and buyers in no time. It’s an excellent opportunity for you to place an advertisement providing all the details of your motorcycle, including its make, model, mileage, and expected offer.

Who can pay me cash for junk motorcycles?

There are plenty of options to choose from while selling junk motorcycles. The buyer’s choice will depend on the time you wish to spend and the money you expect to earn from the sale. There are majorly four kinds of buyers:

The regular buyers

These buyers require a bike but can’t afford a new one. They are willing to spend on a second-hand motorcycle at a lower price.

Junkyard shops

If your motorcycle is no longer suitable to drive on the road, but some of its parts are still working, then you can sell it to junkyard shops. These shops do not fret much over the documentation. All they need is the title to ensure that you are the sole owner.

Salvage yards

If your motorcycle is damaged to the extent that none of its parts are working, then it’s better to scrap it to salvage yards. These buyers are only interested in the metal part and dispose of the remaining components in the trash.

Dealerships

If you are too busy to spare time finding out the buyers and negotiating with them, you can reach out to professional dealers. These dealers help you connect with potential buyers and carry out the formalities for you.

Earning top dollar from selling a motorcycle is not a big deal if you contact the right company. A professional company will offer you the best value for your car. thebikebuyers.com is one such company that offers high-quality services to its clients.

Read commonly asked queries on selling a motorcycle

1. Best way to sell a motorcycle for top dollar
2. How to sell my motorcycle at the same price?
3. How to sell my motorcycle for best value?
4. Should I sell my motorcycle or keep it?
5. Sell my motorcycle in 2021 – A comprehensive guide.

How to sell my motorcycle for the same price? A common question of all the bike owners. Getting the same price for a new motorcycle after a few months is near impossible. Even if you haven’t driven your motorcycle much, no one would be willing to buy it at the price of a new model. When people can buy a new model, why would they risk buying from you? Only in special circumstances when the model you purchased is out of stock and the buyer desperately wants it, you may be able to sell it at the same price.

However, if you buy a second-hand motorcycle, then there is a chance that you may be able to sell it at the same price. The value of a used motorcycle does not depreciate quickly.

Should I keep or sell my damaged motorcycle?

If you have a junk motorcycle lying in your garage, you may be aware of the trouble it causes. Time and again, you have to spend on its useless repairs. Also, leaking oils and gases leaves your garage in a mess. In such a situation, it’s always better to get rid of all your troubles by selling your motorcycle to a junkyard shop! It’s always a win-win situation for you as along with parting with your old motorcycle, you will get some cash in return.

How can I sell my motorcycle if it’s damaged?

Selling a damaged car won’t be difficult if you can find the right buyer. If you are considering selling it to an individual buyer, then you have to be very sure about its condition. Your motorcycle should be in running condition with all its parts working properly.

The buyer may even want to test drive your motorcycle. In that case, you need to clean it to remove the dust and put some oil on its parts. You will also have to find a clear place for the test drive.

When your motorcycle is fully damaged, and there is no chance of it getting better, scrapping it is the best option. Junkyards will readily pay you cash for it.

Go online and search for the best site to sell motorcycles. See if the website is offering free quotes or not? Also, check out the models they are accepting. Make sure that they are serving your area. Once you have identified such sites, go through their profile and read their reviews. If you find them genuine, call them or fill out a query form to get their response.

Where can I sell my motorcycle?

There are various options including individual buyers, junkyard shops and bike dealers. It all depends on how much time you want to spare and what value you are expecting from the deal. If you want to sell your motorcycle to individual buyers, you may have to spare some time identifying the potential options and then put some effort into negotiating with them over your desired price. On the other hand, if you wish to scrap your car, you can find plenty of junkyard shops either in your neighborhood or by visiting websites that provide relevant information. Car dealers are for those who are too busy to even spare a day to explore potential buyers. The professional dealers have strong networks with the buyers and help you connect with them in no time. However, they charge some fees for their service. In terms of value, selling to individual buyers is the best option. Looking at convenience, junkyard shops and professional dealers are a better choice.

How can I get the maximum value for my damaged motorcycle?

Getting a good value for a used motorcycle is not difficult if you follow what the experts recommend:

Start with market research

You need to know the value of a used motorcycle before you put up your selling price. For that, you will have to do some research. Some websites provide relevant information about the market. They also provide free quotes for your motorcycle. Once you put in your information, their executives will get in touch with you with the offer.

Set up selling price in advance

Once you have an idea about the market prices, you can put a selling price in advance. Note that the buyers have a tendency to negotiate. Therefore, put the price slightly higher than the market value. This way, you will have a margin to negotiate.

Preparing in advance

You need to be well ahead in the process to get the best deal. It all starts from gathering your important documents including the title of your motorcycle, warranty papers, service, records, etc. While you may only need the title in case you are scrapping your bike, other buyers may even demand a complete list of all your documents.

You will have to ensure that your motorcycle is in presentable condition. See if there is dust on the surface. Get it clean by washing it with water and then greasing it with wax to add some shine.

Reaching buyers through advertisement

Online platforms offer the best way to sell a motorcycle. You can buy and sell motorcycles easily without any time delay. They even tell you how to sell a motorcycle quickly. All you need to do is set up your profile, add a little description and upload a few photographs. Once your profile is complete, it will be visible to the buyers who visit the websites. They will read your offer and contact you if they are interested.

Shortlisting potential buyers

Usually, the owners are overwhelmed on receiving the offers. So much so, that they readily accept the ones that come first. However, in doing so, they miss out on a more profitable offer that may show up in future. Being hasty won’t do any good to you. It’s better to spare some time to find the best place to sell a motorcycle. Though you will have to put some effort, it will be worth it when you crack a profitable deal.

Closing the deal

Once all the formalities are complete, you will then hand over your motorcycle to the buyer. But remember, don’t give up the possession until you have received complete payment, and that too in cash. It’s the safest option for you.

Earning top dollar from selling a motorcycle is not a big deal if you contact the right company. A professional company will offer you the best value for your car. thebikebuyers.com is one such company that offers high-quality services to its clients.

Read commonly asked queries on selling a motorcycle

1. How to sell my motorcycle for best value?
2. Should I sell my motorcycle or keep it?
3. Sell my motorcycle in 2021 – A comprehensive guide.
4. Sell my motorcycle: What strategy did you use to sell your bike?
5. Best Way to sell a motorcycle for top dollar.

Scrapping your motorcycle used to be a simple thing. You could either pay a towing company to get your junk motorcycle out of the driveway, or try out one of those guys that offer cash for junk motorcycles. Choosing the best guy who will buy the scraped motorcycle with for money today is a very difficult task and time consuming.

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:

1. 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.

2. Bank

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.

3. 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.

Earning top dollar from selling a motorcycle is not a big deal if you contact the right company. A professional company will offer you the best value for your car. thebikebuyers.com is one such company that offers high-quality services to its clients.

Read commonly asked queries on selling a motorcycle

1. Should I sell my motorcycle or keep it?
2. Sell my motorcycle in 2021 – A comprehensive guide.
3. Sell my motorcycle: What strategy did you use to sell your bike?
4. Best Way to sell a motorcycle for top dollar.
5. How to sell my motorcycle at the same price?