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| sprite |
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 sprite Two Stroke Sniffer
Joined: 30 Aug 2011 Karma :    
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 Posted: 06:13 - 12 Sep 2011 Post subject: Buying on eBay |
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Any tips? The bike is bought, going to collect later. Obviously investigating whether it is insured at the moment and know paperwork bits but is there anything else.. do's and don'ts?
Bit daft to buy without seeing but the auction has to be representative and the seller has bucket loads of positive feedback.
It's a Malaguti 125. Before you all pull this face: my fella's friend got one new so knows the bike inside and out, and it's essentially a re-badged Yamaha XT125 as it is Malaguti who actually assemble the XT in Europe, parts are easy to come by, and we won the bike for £920 with 550 miles on the clock  |
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| Beelzebob |
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 Beelzebob Spanner Monkey

Joined: 08 Sep 2010 Karma :  
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| 0ddball |
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 0ddball World Chat Champion

Joined: 15 Jul 2005 Karma :  
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| Livefast123 |
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 Livefast123 Nearly there...
Joined: 14 Mar 2010 Karma :   
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| Rogerborg |
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 Rogerborg nimbA

Joined: 26 Oct 2010 Karma :    
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 Posted: 10:51 - 12 Sep 2011 Post subject: Re: Buying on eBay |
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| sprite wrote: | Obviously investigating whether it is insured at the moment |
I don't know what you mean. If you're going to ride it away, you get it insured. Did you mean taxed? That should be listed in the advert.
| sprite wrote: | and know paperwork bits |
As well as the V5C, make sure you see a bill of sale that shows that it belongs to the seller, and create a bill of sale that shows that it now belongs to you.
HPI check it, ideally based on the VIN.
| sprite wrote: | the auction has to be representative |
It can't be mis-representative, but they're not quite the same thing.
Anything that it says must be true, but the seller doesn't have to disclose faults that would be reasonable for you to have asked about, based on the age and condition.
That said, it's reasonable for you to assume that it's as-new; put that condition on the bill of sale.
The engine should be stone cold when you arrive, and when you start it up, work all the controls yourself. At the slightest hint or suspicion that something's not right with either the title or the condition, run, do not walk.
All that said, there are more honest people and bikes out there than rogues and lemons, just keep your wits about you. ____________________ 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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| FerretFing |
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 FerretFing World Chat Champion

Joined: 11 Nov 2007 Karma :  
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 Posted: 11:04 - 12 Sep 2011 Post subject: |
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I just checked completed listings on Ebay so I take it it's the one with the broken steering lock? this one....
https://www.ebay.co.uk/itm/2011-MALAGUTI-125-VERY-GOOD-CONDITION-/250886738241?pt=UK_Motorcycles&hash=item3a6a03d141
check how much damage there is from the attempted theft & definitely hpi check it first as it may have finance on it being so new....make sure it's had its running in service too (usually at approx 500miles)from the dealer & stamped in the book...
...you really needed to do all this before bidding though, hope it works out for you  |
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| sprite |
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 sprite Two Stroke Sniffer
Joined: 30 Aug 2011 Karma :    
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 Posted: 11:17 - 12 Sep 2011 Post subject: |
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Insurance wise my other half can ride other bikes with permission. It is insured so that's ok, just going to hpi check it.
Steering lock thing is ok, friends had the same bike and the same thing happened lol  |
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| DrDonnyBrago |
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 DrDonnyBrago World Chat Champion

Joined: 03 Jan 2010 Karma :   
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| sprite |
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 sprite Two Stroke Sniffer
Joined: 30 Aug 2011 Karma :    
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| Rogerborg |
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 Rogerborg nimbA

Joined: 26 Oct 2010 Karma :    
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 Posted: 12:31 - 12 Sep 2011 Post subject: Re: Buying on eBay |
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| DonnyBrago wrote: | | Rogerborg wrote: | That said, it's reasonable for you to assume that it's as-new; put that condition on the bill of sale. |
I seriously hope you are joking, nobody is going to sign a bill of sale stating the used bike they are selling is in as new condition - because it isn't |
Why not? What's wrong with it?
See what I'm getting at? Judge the seller by their reaction.
The bike is probably honest, but as noted, it's had a theft attempt, so it's definitely worth have a careful look for drop damage.
Oh, be aware that your boyfriend's "other bike" cover will likely be for bikes that he doesn't own, and which are insured for someone else to ride them.
So, technically he won't be covered if he buys it, nor if the seller cancels his own insurance the minute you ride off (which he will, if he's smart).
Probably not going to be an issue, just something to be aware of. ____________________ 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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| blurredman |
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 blurredman World Chat Champion

Joined: 18 Sep 2010 Karma :   
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 Posted: 12:42 - 12 Sep 2011 Post subject: |
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| sprite wrote: | Insurance wise my other half can ride other bikes with permission. It is insured so that's ok, just going to hpi check it.
Steering lock thing is ok, friends had the same bike and the same thing happened lol  |
The bike that will be ridden has to be insured though too even if someone's policy does allow them to ride other bikes. ____________________ CBT: 12/06/10, Theory: 22/09/10, Module 1: 09/11/10, Module 2: 19/01/11
Past: 1991 Honda CG125BR-J, 1992 (1980) Honda XL125S, 1996 Kawasaki GPZ500S, 1979 MZ TS150.
Current: 1973 MZ ES250/2 - 18k, 1979 Suzuki TS185ER - 10k, 1981 Honda CX500B - 91k, 1987 MZ ETZ250 (295cc) - 40k, 1989 MZ ETZ251 - 51k. |
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| sprite |
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 sprite Two Stroke Sniffer
Joined: 30 Aug 2011 Karma :    
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 Posted: 14:03 - 12 Sep 2011 Post subject: |
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The bike is still insured and the seller says it's fine for us to pick up and ride using the "ride other bikes" insurance.
Good point about checking it's bikes he doesn't own - won't be a problem though, the boys can swap bikes (friend also has "other bikes" insurance) if need be.
Bit of a tricky one I guess as he's not wanting to sort through the insurance (as it can take so flipping long to find the best quote) until he's got the bike in his own hands as it were, bit different to buying from a dealer as I did. |
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| HopmanUK |
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 HopmanUK Two Stroke Sniffer
Joined: 10 Aug 2009 Karma :  
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Old Thread Alert!
The last post was made 14 years, 146 days ago. Instead of replying here, would creating a new thread be more useful? |
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