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Selling a bike soon, few Q's!

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orangepeeleo
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PostPosted: 14:27 - 11 Apr 2014    Post subject: Selling a bike soon, few Q's! Reply with quote

Hey,

So I recently bought a huonaio 125, so recently I havent got the v5 yet!

I've scrubbed her up a bit, changed the sprockets/chain/oil and it starts on the button, sometimes have to put the choke half way up for a few mins.

Thing is.. I'm not really sure I like it now, like the riding position or the look in general, possibly the most impulsive and irresponsible purchase I've ever made! My original plan was to get a lexmoto zsx brand new but had a few hundred saved up, done my cbt, got a bit excited on gumtree and bought the closest bike to me the next day!

I think i'll be selling on ebay via auction, was bought for £450 so going to put it on with a reserve of £400, chuck in the cover and top box and hope it goes. I have a few questions though as I have obv never done this before.

1. Because its ebay and distance selling I am going to be very honest in the ad and take as many pictures as I am allowed, mainly close up shots so people can get a very good idea of the condition before they bid and turn up, but it won't be insured by then for a test ride... what should I expect of someone if they want a test ride? I'm thinking winning bid amount of cash in my hand, an insurace cover note and ID that matches the details on the note? Like I said, it starts and runs fine so I'm not trying to be a dodgy bastard, but I am wary about letting someone ride off into the sunset with my bike!

2. Should I do a classified ad or an auction style advert?

3. How do returns work? I don't fancy getting grief off someone in 2 weeks or whatever if something happens since they bought it. Not saying that I know its a heap and something will happen, but it could. Is there a no returns policy on ebay stuff??

Been looking at a few ads and a lot of people say "sold as seen", what exactly does this mean? Are they covering their arses incase something goes wrong?

Thanks for any advice you can give. Smile
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Monkeypony
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PostPosted: 14:32 - 11 Apr 2014    Post subject: Reply with quote

1) Cash in hand and that'd do for me. If they tell you they're insured, you weren't knowingly allowing someone to ride without it.

2) Auction will shift it quicker, providing you don't set a silly reserve

3) Sold as seen. No comeback.
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Amber Phoenix
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PostPosted: 14:39 - 11 Apr 2014    Post subject: Reply with quote

Dunno which end of country you're in, but might worth sticking it on Gumtree first, it's free, so nowt to lose, then try on ebay afterwards if you get no joy. Gumtree is definitely very popular down here in London town.

Accept cash in hand only.

No test rides, without out cash in your hand and full details of their driving license (in case they whizz through a camera).

I would check do indeed have insurance. If they haven't and run over a granny, cascading insurance law will fall back to your policy and claim against that.
As per above, cancel your insurance asap after sale.

Ignore the scammer, who rings up and attempts to persuade you to ride it round to their dodgy end of an estate where they'll supposedly give you cash (more like a good mugging).

You're a private seller, it will be sold as seen. Caveat Emptor.
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orangepeeleo
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PostPosted: 14:40 - 11 Apr 2014    Post subject: Reply with quote

Monkeypony wrote:
1) Cash in hand and that'd do for me. If they tell you they're insured, you weren't knowingly allowing someone to ride without it.

2) Auction will shift it quicker, providing you don't set a silly reserve

3) Sold as seen. No comeback.


Thanks,

I was thinking of a £400 or even £350 reserve, its only 2 years old, few months tax and not MOT'd til next year so its cheap as chips for someone who wants a run around and will hopefully make sure it goes.

What happens if they crash it on the test ride then? Its alrite saying that you have the money in your hand, but the v5 wouldn't have been signed so he could just smash my teeth in and leave me with it lol I have this nightmare scenario in my head of some douche getting arsey and wanting his money back....might just do a quick chav evaluation and mind my mind up on the spot whether I trust them lol
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wr6133
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PostPosted: 14:40 - 11 Apr 2014    Post subject: Reply with quote

I prefer gumtree over eBay to shift a bike. My last 125 sold on there very quickly.


1 - If they say they got insurance then you did all you could to check. Just be sure the cash is in your hand and explain to them if they even scuff a bar end they just bought the bike and you are going inside with the cash to fetch your bat as there appears to be an undesirable with a 125cc motorbike on your driveway.

2 - Auction is fastest but not if you set silly reserves or start bids. You want rid fast with an auction then most bidders are looking for a bargain. If you want a classified stick it on gumtree it's free

3 - "Sold as Seen" "No warranty implied or given" (don't ever take paypal as payment and they can't try to reverse it should the thing explode the next day)
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Rogerborg
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PostPosted: 14:58 - 11 Apr 2014    Post subject: Reply with quote

Seems a bit premature to flog it. If you're not sure about the riding position, play around with the rotation of the bars, it can make a very significant difference.

Or go a little further (this was maybe £20 in materials and a few hours of reversible fiddling):

https://i47.tinypic.com/28asu2d.jpg

If you do want to sell though...

Monkeypony wrote:
If they tell you they're insured, you weren't knowingly allowing someone to ride without it.

There's no "knowingly" clause in the offence, it's absolute. At best good faith belief would be mitigation in sentencing.

Thing is, a typical 125 (and particularly cheap 125) buyer won't have a policy that covers riding other bikes, so judge it on the individual.

Cash in hand if you're poor and can't afford to lose the bike. I'm not, I've never bothered.

Yes to putting it on Gumtree, costs nothing except your time. You may even get lucky with a swap - I swapped my HN for a low mileage GPZ500S. Whistle

Save your text in a word processor first along with your pictures. I use numbered files to make it easy to reload them later in the same order.

Pictures.
Age, mileage, condition including tyres, sprockets, chain, brakes.
MOT and tax.
Where it is.
When it can be viewed.
What you are wanting for it.

Don't put anything ranty like "NO TIME WAISTERS!!!!" or bollocks like "quick sale", "first to see will buy" or even "ono / ovno". Nobody cares, you'll get the interest that you get.

When you get cheeky emails or texts "offering" £200, thank them for their interest, and ask them if they've like to view the bike and negotiate properly.

DO NOT crack and say "Yeh bruv all right I'll take £350" to an anonymous "offer", because what you've told them is the most that they'll really have to offer when they turn up later professing ignorance of ever having LOLTXTd or emailed you.

I'd always go classified on eBay, auctions are too likely to result in fantasy bids. Money in hand from the first person to actually turn up secures the bike.

Try not to get frustrated at dealing with the masses of chancers and mongs. You can't stop them, so focus your efforts on attracting the one legit buyer that you need.
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clancy
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PostPosted: 15:50 - 11 Apr 2014    Post subject: Reply with quote

It's up to you where you sell it but I absolutely hate selling vehicles on an ebay auction

Especially cheap ones and with a reserve

The eBay fee, reserve fee, final sale fee cost a fortune and mean you end up with barely anything


I would stick it on Gumtree for £500 as it's free and see if you have any interest, drop the price as you see fit if you get no interest

But I found the best way to sell vehicles this cheap is facebook. Search bikes for sale (local area) and variations of that. You should find a fair few groups that people just post for sale ads in, post it up on there you'll probably sell it in a day or two, especially cheap bikes and especially 125s
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clancy
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PostPosted: 15:51 - 11 Apr 2014    Post subject: Reply with quote

Double post
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Az
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PostPosted: 16:03 - 11 Apr 2014    Post subject: Reply with quote

Whack it on Gumtree, do as instructed above and a cheap bike like that should sell within a week or two.
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orangepeeleo
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PostPosted: 16:28 - 21 Apr 2014    Post subject: Reply with quote

Put it up for sale today. Thanks for all the advice Smile

https://www.gumtree.com/p/cars-vans-motorbikes/huoniao-hn125-8-motorbike-for-sale-125cc-learner-legal/1058001641
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Nexus Icon
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PostPosted: 19:11 - 21 Apr 2014    Post subject: Reply with quote

If you do put it on eBay don't set a reserve, just set the auction start price at the very least you'd like to get. There's nothing like a hidden reserve value to, A) put people off bidding at all and, B) guarantee you an inbox full of, "I was wondering what your reserve is."
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anthony_r6
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PostPosted: 20:00 - 21 Apr 2014    Post subject: Reply with quote

Isn't tax irrelevant now? Don't the new owners have to tax it from ownership?
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TallPaul_S
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PostPosted: 20:10 - 21 Apr 2014    Post subject: Reply with quote

AnPhonEh wrote:
Isn't tax irrelevant now? Don't the new owners have to tax it from ownership?


Not until October, that's when those changes come in.
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orangepeeleo
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PostPosted: 18:14 - 22 Apr 2014    Post subject: Reply with quote

Pretty confident I've sold it already.

Guy emailed me yday saying he was interested but wouldn't have the money til payday (2nd May) , I replied n said I wouldn't mind holding it for him until then as long as he came and had a look to make sure he was happy with it.

He had a look said he was happy and would def buy it so I guess it's sold, I know til the money's in my hand it's tech not but he seems like a decent guy.
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kerr
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PostPosted: 18:41 - 22 Apr 2014    Post subject: Reply with quote

orangepeeleo wrote:
Pretty confident I've sold it already.

Guy emailed me yday saying he was interested but wouldn't have the money til payday (2nd May) , I replied n said I wouldn't mind holding it for him until then as long as he came and had a look to make sure he was happy with it.

He had a look said he was happy and would def buy it so I guess it's sold, I know til the money's in my hand it's tech not but he seems like a decent guy.


That's all well and good but don't hold the bike for him if another buyer comes along.

Nice guy or not the 2nd of may might come around and he realises he has bills to pay and you could lose a buyer.
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covent.gardens
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PostPosted: 18:57 - 22 Apr 2014    Post subject: Reply with quote

orangepeeleo wrote:
Guy emailed me yday saying he was interested but wouldn't have the money til payday (2nd May) , I replied n said I wouldn't mind holding it for him until then as long as he came and had a look to make sure he was happy with it.

Massively naive, you should never remove something from sale until the cash is in your hand, he's got nearly 2 weeks to find a better bike for his money or for some other problem to come up.

You could at least have taken a deposit?
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Rogerborg
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PostPosted: 20:18 - 22 Apr 2014    Post subject: Reply with quote

+nine million.

Gumtree and eBay are rammed full of eager fantasists and... well... time wasters. Great if he buys it, but that's a week and a half away, and I guarantee you that he'll still be scouring Gumtree and thinking "Oh, maybe that one..."

I had the same with my Burgman: very nice chap, we "agreed" to conclude the deal in a couple of days, but as he didn't even offer to put money in my hand, I'd cheerfully have sold to anyone else who showed up in the meantime with cash in hand and given not an iota of a fraction of a shard of a fu​ck. Whistle

The ad is decent, but I wouldn't qualify the "starts on the button" part. Needing a bit of choke is normal, not something worth mentioning.

"A rattling at the front which I have not been able to track down for the life of me" ?

Ummmm.

What kind of rattling?
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
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Davenaylor
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PostPosted: 20:42 - 22 Apr 2014    Post subject: Reply with quote

Is it not the case that if you ride another bike on your policy, assuming you are allowed. The bike you ride has to be insured on the owners policy as well. Or have I made this up?
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Northern Monkey
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PostPosted: 21:09 - 22 Apr 2014    Post subject: Reply with quote

Davenaylor wrote:
Is it not the case that if you ride another bike on your policy, assuming you are allowed. The bike you ride has to be insured on the owners policy as well. Or have I made this up?


It depends on the specific wording of the policy. The policy on my bike has no such clause, but the policy on my car does.
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orangepeeleo
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PostPosted: 22:12 - 22 Apr 2014    Post subject: Reply with quote

I have another guy coming to have a look tomorrow evening, he says he has the cash tomorrow, seems pretty keen and has taken the reg to sort insurance...

I would be pretty gutted if I knocked this new guy back and the other dude pulled out in a week or 2!
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Rogerborg
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PostPosted: 22:14 - 22 Apr 2014    Post subject: Reply with quote

Sell it for cash. If the first guy does bother getting back to you, well, he didn't offer to put down a deposit, what did he expect? He's lost nothing, there are other bikes out there.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
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orangepeeleo
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PostPosted: 09:18 - 23 Apr 2014    Post subject: Reply with quote

Well I'm picking the new buyer up on the way home from work tonight and I'm pretty sure it'll be sold.

Went to the garage to put a few quid in the tank though last night and the bloody dipped beam was flickering, along with the lights on the speedo and rev counter deciding not to come on! Full beam works fine so it is probably something simple like the filament for the dipped beam going or a loose connection, but of all bloody times for something to go wrong it happened yesterday lol

I text him about it and said I'd be willing to knock a bit off the price if he was still interested and he's fine with that though so all good, he seen the ad on the local biker groups fb page so I dont wanna see him at a rideout in the future and look like a cnut for not mentioning the light in the ad, as it would look like I did.

New bike delivered at 17:30 tonight when I'm home from work and the buyer of my old one coming back from work with me, gonna be a bit manic but today could be a very good day! Smile
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