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How do I sell a bike?

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byke95
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Joined: 25 Mar 2004
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PostPosted: 15:03 - 20 Jul 2004    Post subject: How do I sell a bike? Reply with quote

Silly question maybe, but I've never had to sell anything of substantial value before that hasn't been to a mate.

My 1995 ZX6R is up for sale for £1995. The bike is in very good condition for it's age so the price it very fair. So, while a appreciate there will be some haggling (this is the first sniff at the bike I've had so far), has anybody got any hints and tips on getting a good sale for myself?

Your help is much appreciated!
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Robby
Dirty Old Man



Joined: 16 May 2002
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PostPosted: 15:11 - 20 Jul 2004    Post subject: Reply with quote

Write a good biketrader advert, set your price fairly, be honest, and stand firm when people try to knock the price down.

Its a good price. Someone will buy it for the money, but the first person that comes to see the bike may not.

Read biketrader ads for inspiration.

If biketrader fails, try ebay.
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Frost
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Joined: 26 May 2004
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PostPosted: 15:13 - 20 Jul 2004    Post subject: Reply with quote

CLEAR ebay advert

The clearer you can be the more money you will get.
Post pictures of the bike from different angles, pictures of the tire tred etc to show people the condition of everything.
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Grav
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Joined: 12 Jul 2004
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PostPosted: 15:15 - 20 Jul 2004    Post subject: Reply with quote

Presentation is the key. Make sure your bike is clean and polished, that includes the chain and tyres. This will show a prospective buyer that the bike is well looked after. Can you show its service history? this will reflect on the bikes value too. A well presented bike will sell quicker and for closer to your asking price than a dirty 'orrible shed.

Good luck. Thumbs Up
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byke95
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Joined: 25 Mar 2004
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PostPosted: 15:15 - 20 Jul 2004    Post subject: Reply with quote

Should have put some more information....

It's advertised in Bike Trader at the moment - I had a guy call me and wants to see it tonight
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byke95
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Joined: 25 Mar 2004
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PostPosted: 15:17 - 20 Jul 2004    Post subject: Reply with quote

Grav wrote:
Presentation is the key. Make sure your bike is clean and polished, that includes the chain and tyres


Problem there - I've been using it all weekend and it's at work with me now - it's not the cleanest it's ever been!
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Grav
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Joined: 12 Jul 2004
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PostPosted: 15:21 - 20 Jul 2004    Post subject: Reply with quote

A quick hose down will remove most of the muck. is there a jet wash on your way home?
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byke95
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Joined: 25 Mar 2004
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PostPosted: 15:31 - 20 Jul 2004    Post subject: Reply with quote

Grav wrote:
A quick hose down will remove most of the muck. is there a jet wash on your way home?


I'm going to try and chip off work a bit early, give the bike a quick wash!

Cheers! Thumbs Up
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Frost
World Chat Champion



Joined: 26 May 2004
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PostPosted: 15:33 - 20 Jul 2004    Post subject: Reply with quote

Best thing to do is to clean the stuff which will stay clean in advance, then just finish off the other bits when you need to take pics.
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Mr Pants!
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Joined: 29 May 2004
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PostPosted: 15:39 - 20 Jul 2004    Post subject: Reply with quote

Tips, hmmmm, let me see.

1. He does not test ride it. Too risky!

2. Haggling, I always advertise my vehicles with a figure in mind that I want to come down to, so before he arrives, set yourself a minimum. I do things like, keep a disk lock tucked away or something like that.

They will say £1800 mate, you have to say, well it has only just gone on the autotrader and I have someone else who wants to look at it, but I said you had first refusal. I can move a bit on price but £1950 would be my lowest. They may say, £1900. You can then say, naaah, £1950. I tell you what, I will chuck in the disk lock as well! £1950.

If they say £1900, you could say. Okay, I will keep your offer in mind, let me have until tomorrow to think about it and I will call you.

If they really want it, they will not take the risk and cough up.

Depends how desperate you are mind. I am fairly cold when selling things and dig in my heels, even if it means losing the buyer.

Confused
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Mr Pants! (Alex or Al)
Its better to burn out, than to fade away....
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byke95
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Joined: 25 Mar 2004
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PostPosted: 15:48 - 20 Jul 2004    Post subject: Reply with quote

I'm liking your style Mr Pants! Thumbs Up

I really want to sell the bike (new bike beckons!), so I'm willing to haggle a bit but am not willing to drop more than £50 or so.

*Phil tucks disc lock in his jacket*

I've also got a paddock stand he can have If he pays near on the asking!
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Mr Pants!
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Joined: 29 May 2004
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PostPosted: 15:50 - 20 Jul 2004    Post subject: Reply with quote

Well they are good and worth £50 odd notes.

Keep that as your last resort.

Remember on the receipt to right, Sold As Seen. Get both to sign it and keep a copy for yourself. You do not want to go through what Ste is going through.
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Mr Pants! (Alex or Al)
Its better to burn out, than to fade away....
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byke95
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Joined: 25 Mar 2004
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PostPosted: 16:03 - 20 Jul 2004    Post subject: Reply with quote

That's a good point, what should go on the receipt?

So far I've got:

- Date
- Reg of bike
- Amount
- 'Sold as seen'
- My name/buyer's name
- Both signatures
- Two copies

Anything else needed?
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Ste
Not Work Safe



Joined: 01 Sep 2002
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PostPosted: 16:07 - 20 Jul 2004    Post subject: Reply with quote

Have a look at this thread and also at the attachment. Thumbs Up
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byke95
World Chat Champion



Joined: 25 Mar 2004
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PostPosted: 16:13 - 20 Jul 2004    Post subject: Reply with quote

Cheers Ste - I was wondering when you'd have something to say being a bit of an expert these days!

Lovely! Thumbs Up
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