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This will involve the seller taking photos of the bike and gathering all necessary information that can be used in the marketing and promotional materials.īest Non-Online Places to Sell a Motorcycle Therefore, the seller should take advantage of all online marketplaces, newspapers, and local classified magazines. When listing the motorcycle for sale, it’s best to have it in front of as many eyes as possible. Above and beyond the best estimator is the Kelley Blue Book ( KBB.com) although it’s always recommended to use all estimators available in addition to checking your local market. The best way to figure out how much a motorcycle is worth is by finding similar bikes that are for sale in your area and compare or by using a price estimator that can be found online. After washing the bike, it’s best to wax any visible finish with a traditional wax. Therefore, it should be inspected by a licensed mechanic and touched up with any visible rust being painted over or sanded off. It’s best to sell a clean and operating motorcycle.
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Step 1 – Preparing the Motorcycle for Sale After the transaction is complete, the buyer will need the bill of sale in order to register in their respective State. After a potential buyer is found, it’s recommended to negotiate the terms of the sale and sign a legally binding contract through the use of a bill of sale. When selling a motorcycle, it’s best to consider all options for marketing the bike in order to get the highest price. Some states and territories may require a notarized Motorcycle Bill of Sale before they will even begin title transfer paperwork (which you’ll also need to be the official owner of the motorcycle). It also contains valuable information that can be used to keep a detailed vehicle history record for future buyers. This form serves as a legal record of the sale, gift, or transaction of a motorcycle. When is a Motorcycle Bill of Sale Needed? This document will require witness and notarization by a state Notary Public. If there be an inspection request, it must be completed prior to the completion of the sale. With regard to buyer’s paying in cash, this document will be the only paper document offering proof of that a legal sale and purchase has taken place that and the transfer of ownership has take place. The motorcycle will be sold in an “as-is” condition. A motorcycle bill of sale is an agreement that allows an individual to buy and hold a receipt after the transaction of a motorcycle, both of which are required for titling and registration.