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Selling a bike to a garage

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Mord
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PostPosted: 08:54 - 26 Jun 2010    Post subject: Selling a bike to a garage Reply with quote

How do they pay for that? Cash?
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Marmalade
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PostPosted: 09:01 - 26 Jun 2010    Post subject: Reply with quote

Usually a cheque or bank transfer, don't expect many if any would pay in actual money.
I would sell private though, to get best possible price
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Mord
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PostPosted: 09:06 - 26 Jun 2010    Post subject: Reply with quote

Marmalade wrote:
Usually a cheque or bank transfer, don't expect many if any would pay in actual money.
I would sell private though, to get best possible price


Does it mean that I keep the bike until the cheque is cleared?

Selling private is a bit a hassle though.
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rac3r
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PostPosted: 09:19 - 26 Jun 2010    Post subject: Reply with quote

Are you talking PX or actual sale to them?
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flumpy7
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PostPosted: 09:20 - 26 Jun 2010    Post subject: Reply with quote

Have a look on ebay for an idea of private sale prices and compare with the quote a garage has given you - youmight then decide it is worth the hassle! Wink
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rac3r
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PostPosted: 09:24 - 26 Jun 2010    Post subject: Reply with quote

TBH Aprilia RS sales prices are all over the place Laughing

My RS was bought by a trader for cash
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everyreasonto
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PostPosted: 09:28 - 26 Jun 2010    Post subject: Reply with quote

I don't think so. Selling private isn't that much hassle. Doesn't take long to put an add up, and sorting out the v5 takes 5 minutes.

It's worth if for the (possibly) hundreds of £ more you will get for selling private.

Forgot to add: When selling my r125 the garage offered me almost £400 less than what I ended up selling it for.
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rac3r
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PostPosted: 09:32 - 26 Jun 2010    Post subject: Reply with quote

Stick it on ebay. Both my 125's went within a few days Thumbs Up
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Mord
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PostPosted: 03:11 - 27 Jun 2010    Post subject: Reply with quote

Sorry for maybe a silly question. Is it safe to be paid by cheque when selling a bike to a garage? Confused
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instigator
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PostPosted: 03:13 - 27 Jun 2010    Post subject: Reply with quote

No.

Put it on eBay at a realistic price - £100 compared to the rest, this will probably be the same the garage will be offering you if not more. Buy it now. Put lots of detail up. It gets bought and someone pays cash.

I can see the hassle. Confused
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Whosthedaddy
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PostPosted: 05:32 - 27 Jun 2010    Post subject: Reply with quote

When we came home from Oz I sold my scooter to a main dealer and got cash, the wife got a cheque for the car.

It's a dealer, dont worry, and no you don't keep the bike until the cheque clears.
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Pete.
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PostPosted: 08:15 - 27 Jun 2010    Post subject: Reply with quote

Mordoklej wrote:
Sorry for maybe a silly question. Is it safe to be paid by cheque when selling a bike to a garage? Confused


Are we talking large dealer or Greasy Joe's emporium of rusty parts and crusty mechainics?

If it's a larger tidy shop with clean modern bikes for sale then they should be able to do a BACS transfer, but there wouldn't be much risk in taking a cheque. If it's a back-street job then take cash only.

No matter who you sell it to get a receipt that says 'paid in cash' or 'paid by cheque' on it, with the date and the reg number of the vehicle. Don't hand over the log book even to a dealer, send it off yourself, or fill it in yourself right in front of them, and ask them if they have a stamp and envelope Very Happy
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