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Try to take complete payment before signing all transfer documents. Don’t go alone to meet the buyer. Meet at a public place in day time. Take buyer’s ID copy and transfer form copy for your record. Don’t give your bike for test ride alone, sit behind the buyer.
What is the safest way to sell a motorcycle?
You can use newspaper ads, magazines, online sites or your local classifieds to list your bike. Another option is to consign the sale to a local motorcycle or car dealer or use motorcycle auctions like Mecum Auction. And, make sure to have all the pertinent documents, like title and service history.
How do you protect yourself when selling?
How to Protect Yourself When Selling Online Protect your personal information. Limit communication channels. When selling locally, stick to in-person transactions. Only accept payment through approved methods. Take extra caution with shipping. Take advantage of seller protections and guidelines.
What is the best way to sell my motorcycle?
Here are the five best places to sell your motorcycle online. Rumble On. Rumble On is a consumer marketplace. eBay. eBay is another reliable marketplace that allows you to reach potential buyers from all over the country. Craigslist. 4. Facebook Marketplace. Cycle Trader.
What is the process of selling a bike?
A transfer deed carries the name as well as address of both parties agreeing to the deed along with details of the bike like its registration number, chassis number, engine number, etc. Both the buyer and seller must duly sign this deed along with affixing a revenue stamp.
Can I sell my bike without insurance?
It is mandatory for used car sellers to have a valid insurance cover on their vehicle. Using a motor vehicle without a valid insurance policy is against the law. However, it has often been seen that some car owners try to avoid renewing their vehicle’s insurance policy before selling it off.
Is it time to sell my motorcycle?
The reality is, it’s hard to let a motorcycle go sometimes. But if yours has one too many broken components, outdated features, or if you’re making too many mechanical repairs, selling might be your best bet in the long run.
How can I avoid being scammed as a seller?
6 Ways to Avoid Scams When Selling Online Keep your personal information personal. Meet in a public place. Look for safety in numbers. Personal checks, cashier’s checks, wire transfers, or money orders mean trouble. Sell locally. Listen to your gut.
What to do if you get scammed by a buyer?
There are some general guidelines you can follow in terms of updating your return process, though. Close return policy loopholes. Track purchases and returns to spot scammers. Set clear return windows (30 days or less) Require receipts for all returns. Consider adding restocking fees for high-end products.
How can a seller avoid being scammed online?
The seller’s profile should contain their photo and contact information. You can also type the name of the seller or shop on a search engine and add words such as “review,” “complaints,” “scams,” “fake,” or “reports.” If posts under these keywords come up with proof of wrongdoing, don’t buy from the seller.
How do I list a motorcycle on Ebay?
How to Sell a Motorcycle on eBay Motors: Step by Step 1| REGISTER AS AN EBAY SELLER. You will want to create a free account if you do not already have one. 3| COLLECT INFORMATION ABOUT YOUR BIKE. 3| POST YOUR MOTORCYCLE TO EBAY MOTORS. 4| COMPLETE THE SALE.
Where is the best place to sell a motorbike?
AutoTrader Bikes and eBay Motors give you the best chances of selling a mainstream bike quickly.
How do I list a motorcycle for sale?
Here are a few market places that might help you get top dollar for your bike. Autotrader (motorcycles only) , Motorcycle Classics, and of course Cycle Trader. For local listings you might even try Oodle, Pennysaver, or one of my favorites, Offerup. Local listing platforms usually have lower or zero fees to sell.
What to do after selling a bike?
Post Successful a. Obtain NOC from RTO where vehicle is registered. b. Apply for Ownership Transfer at new RTO. a. Obtain NOC from RTO where vehicle is registered. b. Apply for Ownership Transfer at RTO in the migrated state.
Can I sell my bike with NOC?
You must get a NOC issued from the RTO of your home state (the state where the bike has been registered initially) declaring that it has no objections to the bike being transferred to the NOC of another state. This NOC document would also mention that there are no due bike taxes on your end.
What are the documents of bike?
Documents To Carry While Riding a Bike: Registration Certificate. Commonly referred to as RC, it is the most important bike document that you need to carry at all times. Driving Licence. Bike Insurance Policy. Pollution Under Control Certificate (PUCC) Fitness Certificate. Medical Certificate.
Can I transfer vehicle ownership without insurance?
As stated in the previous section, the transfer of ownership cannot be completed without insurance. For a legal transfer, you need a valid insurance policy. This insurance policy also needs to be in the new owner’s name. Indian Motor Vehicles Act requires vehicles to be insured under a motor insurance policy.
Can I drive an uninsured car to sell it?
Everything You Need to Know. If you’re no longer driving your car and intend on selling it, you might have thought about dropping your insurance. Driving without insurance is illegal and can lead to expensive citations and potential out-of-pocket costs.
How do I change the owner of my bike insurance?
Steps to transfer two wheeler insurance RC (Registration Certificate) Details of the vehicle. Original insurance policy. Date of ownership transfer. Name of the dealer. Details of the premium paid for the original policy. NOC (No Objection Certificate) from the previous policyholder. Personal details of the buyer & seller:.
