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northernsky
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PostPosted: 19:46 - 13 Jun 2015    Post subject: Selling advice please Reply with quote

hi folks

i need to sell my honda shadow 125 but could do with some advice as it's all new to me

do you allow test rides only if they show fully comprehensive insurance doc?

what payment methods to accept. should you be wary of fake cash notes ?
if its anything else do you tell them the bike stays where it is until you're sure its in your account

is there anywhere to get price guides as i'm not sure what its worth.
what to put in ad, disclaimers?
any help appreciated
Smile
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CaNsA
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PostPosted: 19:56 - 13 Jun 2015    Post subject: Re: Selling advice please Reply with quote

northernsky wrote:
hi folks

i need to sell my honda shadow 125 but could do with some advice as it's all new to me

do you allow test rides only if they show fully comprehensive insurance doc?

what payment methods to accept. should you be wary of fake cash notes ?
if its anything else do you tell them the bike stays where it is until you're sure its in your account

is there anywhere to get price guides as i'm not sure what its worth.
what to put in ad, disclaimers?
any help appreciated
Smile


£100 non-refundable deposit to be paid within 12hrs of auction ending
0 feedback need not apply
No test rides unless proof of insurance is shown and full cash value is in my hands - You break it, you bought it.
I will not ship to your uncle Ali in some far off land
Bidding to buy not to view
I wont swap for an iPhone 6 and 3 Staffy pups.
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Rogerborg
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PostPosted: 20:50 - 13 Jun 2015    Post subject: Re: Selling advice please Reply with quote

northernsky wrote:
do you allow test rides only if they show fully comprehensive insurance doc?

Their certificate of insurance should have words to the effect that "The policyholder may also drive with the permission of the owner a motorcycle not owned by the policyholder and not hired to the policyholder under a hire purchase or lease agreement."

If it doesn't say that then they're not covered, regardless of what line they spin you.


northernsky wrote:
what payment methods to accept. should you be wary of fake cash notes ?

Of course you should be wary, but don't be paranoid.

I have taken a direct bank transfer and would do so again.



northernsky wrote:
is there anywhere to get price guides as i'm not sure what its worth.

https://www.wisebuyers.co.uk/motorcycles/bike-prices/

eBay, advanced search, Search including sold listings.


northernsky wrote:
what to put in ad, disclaimers?

Please please please don't say anything like "No scammers, test pilots, time wasters". You won't put off scallys by doing that. You will put off decent folk who don't want to deal with an angry-man seller.

Oh, and skip the "very reluctant sale" and "first to see will buy" jabber as well. Just list the facts and the price you want, then deal with buyers individually.
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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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S1417
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PostPosted: 15:53 - 14 Jun 2015    Post subject: Reply with quote

Don't want to hijack the thread at all, but what are peoples thoughts on people leaving their car/bike keys as a deposit for a test ride?
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iooi
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PostPosted: 16:00 - 14 Jun 2015    Post subject: Re: Selling advice please Reply with quote

northernsky wrote:

do you allow test rides only if they show fully comprehensive insurance doc?

Smile


I see enough fraud to insurance co's to never trust someone showing a Certificate of insurance...

Base your trust on personal opinion of how you feel about them.
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NJD
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PostPosted: 16:09 - 14 Jun 2015    Post subject: Reply with quote

Shields17 wrote:
Don't want to hijack the thread at all, but what are peoples thoughts on people leaving their car/bike keys as a deposit for a test ride?


Providing it is their actual keys..

Useless, they damage your bike what good is it going to be when they return and you have 0p from them to fix damage, what's next.. you refuse to give them the keys to their car/bike back until they paid up?

Pass the popcorn
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FuzzyBallz
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PostPosted: 18:05 - 14 Jun 2015    Post subject: Reply with quote

Doesn't necessarily have to be fully comp, I only have 3rd party and I am able to ride other bikes with permission.
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Polarbear
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PostPosted: 01:29 - 15 Jun 2015    Post subject: Re: Selling advice please Reply with quote

Rogerborg wrote:


That site seems to undervalue bike Roger
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Albigularis
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PostPosted: 03:49 - 15 Jun 2015    Post subject: Re: Selling advice please Reply with quote

Polarbear wrote:
Rogerborg wrote:


That site seems to undervalue bike Roger


I don't know where it gets the prices from. I've been offered more in cash from dealers than what they suggest the dealer would sell it for, for all 4 of my bikes in the last year.

eBay, find a comparable bike or two and adjust price accordingly. Sorted.

For test rides, cash in hand only. I made the last buyer of my Z1000 wear my helmet camera as well, just to make sure he didn't fuck with it if he said "x is broken, knock a grand off".
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andyscooter
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PostPosted: 07:50 - 15 Jun 2015    Post subject: Reply with quote

be aware that a lot of policies that allow use of another vehicle cover the rider third party only

so if they do have it on there and they break your bike you still wont get anything

personally I take my other bike and follow them If they want to test ride (but not everyone can do that) bearing in mind the bike im on will keep up with the bike im selling as I normally have a smaller for sale if I sell one

I only take cash as payment and put this in the advert
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arry
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PostPosted: 08:04 - 15 Jun 2015    Post subject: Reply with quote

andyscooter wrote:
be aware that a lot of policies that allow use of another vehicle cover the rider third party only



ALL policies - of a private nature anyway.
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Rogerborg
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PostPosted: 08:40 - 15 Jun 2015    Post subject: Re: Selling advice please Reply with quote

Shields17 wrote:
Don't want to hijack the thread at all, but what are peoples thoughts on people leaving their car/bike keys as a deposit for a test ride?

Cash or GTFO.


Polarbear wrote:
Rogerborg wrote:
https://www.wisebuyers.co.uk/motorcycles/bike-prices/

That site seems to undervalue bike Roger

Or sellers over-value them. Every one's a minter, very reluctant sale, pride and joy, will sail though its MOT no problems.

Those are suggested prices that you should aim to pay. Comparing against eBay completed sales, I have seen some examples of some common bikes go for around those prices. Dealers were offering me those P/X prices against my GS last year.

Bike sale volume is so low though that any guide is only going to be be a best guess, especially for uncommon models - you can only buy what's on the market. Everyone's free to ask or pay more.
____________________
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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northernsky
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PostPosted: 18:00 - 19 Jun 2015    Post subject: Reply with quote

thanks

is it reasonable to assume it's 'sold as seen' without putting it in the ad
don't want to put people off writing it (nowt wrong with the bike), but once sold it's theirs
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Rogerborg
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PostPosted: 18:08 - 19 Jun 2015    Post subject: Reply with quote

northernsky wrote:
is it reasonable to assume it's 'sold as seen' without putting it in the ad

Doesn't matter if it's assumed or not, it's a fact. No need to draw attention to it.

An advert that only lists positives can be entirely truthful, if not the entire truth.
____________________
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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atg90
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PostPosted: 18:22 - 19 Jun 2015    Post subject: Reply with quote

Shields17 wrote:
Don't want to hijack the thread at all, but what are peoples thoughts on people leaving their car/bike keys as a deposit for a test ride?


I'd never accept that. A mate of mine was selling a 125 scooter, he had a guy turn up saying that he was looking for a scooter for his son... Said he'd leave his car keys whilst he tested the scooter - Half an hour went by and no sign of the guy so my friend called him asking if everything was OK, to which the bloke said "everything's fine thanks, and thanks for the scooter... O and the car, that's stolen".

So my mate who was 16 at the time lost his scooter worth £1500, and the police picked up the stolen car! So in future, full cash amount in hand before test ride, or no test ride.
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northernsky
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PostPosted: 00:30 - 20 Jun 2015    Post subject: Reply with quote

what about the V5C, how will that work

do i ask for their details and fill it out, or just give it to them and hope they will?
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Ichy
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PostPosted: 00:58 - 20 Jun 2015    Post subject: Reply with quote

atg90 wrote:
my friend called him asking if everything was OK, to which the bloke said "everything's fine thanks, and thanks for the scooter... O and the car, that's stolen".


Nice of him to answer the phone. Do you know if he then laughed, threw the phone out the window and did a burnout? It would make the story way better.
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Rogerborg
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PostPosted: 01:02 - 20 Jun 2015    Post subject: Reply with quote

northernsky wrote:
what about the V5C, how will that work

do i ask for their details and fill it out, or just give it to them and hope they will?

Doesn't matter who fills it in as long as there's some lucid scrawl in the new keeper boxes.

You send it off. Always.
____________________
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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Ichy
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PostPosted: 01:03 - 20 Jun 2015    Post subject: Reply with quote

northernsky wrote:
what about the V5C, how will that work

do i ask for their details and fill it out, or just give it to them and hope they will?


Take a look https://www.gov.uk/notifying-dvla-if-you-sell-your-vehicle

You have to send off the v5c, they only get a crappy little bit off the back of the log book.
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andyscooter
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PostPosted: 08:01 - 20 Jun 2015    Post subject: Reply with quote

Rogerborg wrote:
northernsky wrote:
what about the V5C, how will that work

do i ask for their details and fill it out, or just give it to them and hope they will?

Doesn't matter who fills it in as long as there's some lucid scrawl in the new keeper boxes.

You send it off. recorded delivery Always.



fixed that for you Thumbs Up
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northernsky
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PostPosted: 10:46 - 20 Jun 2015    Post subject: Reply with quote

thanks. someones on their way to look at it Thumbs Up
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