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| dannymassive |
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 dannymassive Brolly Dolly

Joined: 28 May 2011 Karma :  
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 Posted: 10:54 - 20 Nov 2013 Post subject: You bin it, You buy it!! |
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You may have or may not have seen that my trusty CB is up for sale in the for sale section with a link to a certain auction website listing.
I've had lots of contact about the bike and have a prospective buyer coming to view this afternoon. Now, my problem is that the gentleman is coming a long distance to view the bike and has said that he wouldn't buy without having a test ride prior to doing a deal. Normally, I would be thinking along the lines of "If you want to test ride, go to a dealer" but he seems genuine enough and upon discussion has agreed to leave the full asking price as a deposit whilst he is on a test ride. The reason for me agreeing to this is that the buyer says that he has test ridden a late model CB at a dealer which rode perfectly but was out of his budget and he has ridden an early naked CB which he said handled awful - so before commiting he wants to make sure that mine is not a sack of spuds. Fair enough?
Now, is there a template document somewhere like those you sign at a dealer before you test ride that basically states "You bin it, you buy it". I'm not clued up on selling bikes, and don't want to end up with having the bike returned wrecked and having to give him his money back.
Before Paddy comes along with some obscure document hosted somewhere :
https://i1208.photobucket.com/albums/cc378/dannymassive/youbinityoubuyit_zps971e3d21.jpg
Isn't not quite what I'm looking for! ____________________ Previous Ride's - '01 Aprilia SR125 (Sold) '08 HONDA CBF600n (Sold) '96 CB500 (Sold) '01 FZS 1000 (Sold) '06 CB1300SA (Sold) '07 CB600F Hornet (Sold) - '93 Suzuki Savage LS400 (Sold) '98 Honda VTR1000 Firestorm (Sold) '05 CB600F Hornet (Sold) '01 FZS1000 Fazer (Sold) 2016 Harley Davidson Street Bob SE (Sold) '02 Kawasaki ZX9R (Sold) '98 CB600F Hornet (Sold) '04 Suzuki Bandit 1200s (Sold) '13 Yamaha FZ1-N |
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| P. |
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 P. Red Rocket
Joined: 14 Feb 2008 Karma :   
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| Marmalade |
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 Marmalade World Chat Champion

Joined: 28 Apr 2009 Karma :    
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 Posted: 10:59 - 20 Nov 2013 Post subject: |
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He hands you the asking price, in cash.
He rides it.
If he bins it or runs off with it you have no loss.
If he is looking to steal it or just taking the piss then he won't have the cash.
You can get around letting him ride it by asking to see his insurance for it which he won't have ____________________ Nobby the Bastard: How yo tell the difference between the actual japanese and her just screaming because she's had live fish stuck up her arse? [url=https://www.nicks-shop.co.uk/bcf-goodies-15-c.aspGet BCF stickers and things here[/url] Reflective helmet stickers - Legal requirement in france - Clicky |
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| Aff |
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 Aff World Chat Champion

Joined: 05 May 2011 Karma :    
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| Raffles |
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 Raffles World Chat Champion
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| chris-red |
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 chris-red Have you considered a TDM?

Joined: 21 Sep 2005 Karma :   
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| Marmalade |
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 Marmalade World Chat Champion

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 P. Red Rocket
Joined: 14 Feb 2008 Karma :   
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 Posted: 11:19 - 20 Nov 2013 Post subject: |
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Not true Depends on wording on certificate  |
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| Raffles |
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 Raffles World Chat Champion
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| map |
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 map Mr Calendar

Joined: 14 Jun 2004 Karma :     
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| dannymassive |
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 dannymassive Brolly Dolly

Joined: 28 May 2011 Karma :  
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| Bezzer |
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 Bezzer World Chat Champion
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| nathan k |
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 nathan k Spanner Monkey

Joined: 28 Mar 2012 Karma :  
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 Posted: 12:11 - 20 Nov 2013 Post subject: |
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I binned it, and bought it.
You have to be the worlds biggest nob to not buy it after, and if they're that sort of person, you'll tell before they even ride the thing.
Maybe I think too good in the world, but I don't think they're many people with the lack of common decency to leave you with a hefty repair bill.
Who am I kidding...Everyone's out to get you these days  |
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| devojunior |
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 devojunior Brolly Dolly
Joined: 12 Sep 2010 Karma :   
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| P. |
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 P. Red Rocket
Joined: 14 Feb 2008 Karma :   
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| Rogerborg |
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 Rogerborg nimbA

Joined: 26 Oct 2010 Karma :    
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 Posted: 13:12 - 20 Nov 2013 Post subject: |
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Other-bikes insurance is indeed entirely dependent on the wording on his certificate, possibly qualified by his policy. You'd need to read them both to be sure, and even then if he gets stopped you might both get stitched up in the short term by lying/misinformed/idiotic phone monkeys. See Pryor vs CC of GMP, for example, and someone on here was told very sniffily by their broker that their "other bikes" cover was meant for emergencies, not test rides.
Also bear in mind the small but non zero possibility that he'll go and thrash the nuts off of it in the wrong place, and that a NIP will land on your mat two weeks later.
I should note that none of this has stopped me throwing keys to chaps with honest faces, once with no money in hand. As Paddy says, you can make things really complicated if you give too many fucks. Selling a bike isn't hard if you just extend a little trust both ways. ____________________ 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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| -Monty- |
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 -Monty- World Chat Champion

Joined: 20 Apr 2012 Karma :   
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| dannymassive |
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 dannymassive Brolly Dolly

Joined: 28 May 2011 Karma :  
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| P. |
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 P. Red Rocket
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| Rogerborg |
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 Rogerborg nimbA

Joined: 26 Oct 2010 Karma :    
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| ocatoro |
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 ocatoro World Chat Champion

Joined: 06 Sep 2012 Karma :  
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 Posted: 14:40 - 20 Nov 2013 Post subject: |
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| monteme0 wrote: |
It does make me wonder about his test ride at the dealers though, he must have known he couldn't afford the dealers bike before he test rode it... |
would riding a minter at a dealer, risk free.. not be a good way to judge what you're looking for when you go out looking for a cheaper one?
as others have said. leave full cash or fuck off. I've left full asking price in cash, in my wallet containing my bank cards and license, etc.. with a guy before now. soon as I got back, he gave me my wallet back. I gave him £50 below the asking price to pay for a new front tyre.
if he's genuine, he'll not have a problem. if he bins the bike, "what cash?" it's yours until his insurance pays out for your bike. ____________________ CBT - 17/09/12 * Theory - 23/10/12 * Mod1 - 05/03/13 * Mod2 - 25/03/13 * BOSH!
Current - None but shed project H100 (first bike )
Past - ER5, '93 ZZR600, '92 CB400 SF, ZZR600 (again), yellow Monster 620, Blackbird - black Monster 620ie - '96 ZZR600 |
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| P. |
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 P. Red Rocket
Joined: 14 Feb 2008 Karma :   
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| Rogerborg |
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 Rogerborg nimbA

Joined: 26 Oct 2010 Karma :    
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 Posted: 15:17 - 20 Nov 2013 Post subject: |
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| Paddy. wrote: | lol, insurance, pay out for 3rd party only damage, naaaah |
Hang on though. Thinking about it...
If you binned my bike (and you probably would ) wouldn't you be liable for the damage? I think you would.
And if you are, why wouldn't your insurance indemnify you against that liability, if it covers your use of that vehicle?
On the plain wording of the RTA requirements, it actually looks like it should.
Crikey, could the same apply if you stacked any vehicle that you didn't own?
Before anyone goes "U WOT M8?", bear in mind that insurers do have to indemnify liability to passengers and pillions (which is why they don't want us taking them). Why not the vehicle owner as well?
arry? ____________________ 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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 P. Red Rocket
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| -Monty- |
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 -Monty- World Chat Champion

Joined: 20 Apr 2012 Karma :   
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Old Thread Alert!
The last post was made 12 years, 30 days ago. Instead of replying here, would creating a new thread be more useful? |
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