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Selling my Gilera

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s0urc3
Nova Slayer



Joined: 12 Jun 2006
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PostPosted: 19:35 - 02 Oct 2006    Post subject: Selling my Gilera Reply with quote

Hey Guys,

I've had a search around on the forum and couldn't really find any information on selling a bike. You'll be happy to know that I'm getting rid of my Gilera DNA so that I can afford a "proper" bike Wink Cool

I've never sold a bike before and I have no clue on how to go about it. Obviously I'll clean it up, sort out all the documentation that came with it etc etc.

The few things I am stumped on are:

1. How does the buyer arrange insurance for the bike if they want to ride it home.

2. I've had the bike for about 4 months so what do I do about my current insurance, I'm with Lexham on fully comp (has 8 months left on it, no claims made, set me back £560 for the year)

3. I'm not too familiar with this document, but would I have to deal with a V5 form?

If anyone has any advice I would appreciate it very much

Cheers guys Thumbs Up
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Current: Honda CBR1100XX Super Blackbird 99 Previous: Honda CBR1000RR 04, Honda CBR1000F 95, Yamaha YZF600R 98, Honda CBR600F 98, Honda CBR600F 94, Kawasaki ER-5 02
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brooky
Brolly Dolly



Joined: 27 Jan 2006
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PostPosted: 19:55 - 02 Oct 2006    Post subject: Reply with quote

Ill let someone else answer your questions but heres the link to the thread you should of posted in, Not a flame just for next time Thumbs Up

https://www.bikechatforums.com/viewforum.php?f=7

Brooky
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strag
World Chat Champion



Joined: 08 Oct 2004
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PostPosted: 19:55 - 02 Oct 2006    Post subject: Reply with quote

1) That is not your problem. If they buy it, they insure it.

2) Contact your insurance company and swap the policy to the bike you are buying.

3) Have a look at your V5 (log book) it is all self explanatory as to what bit you fill in and send and what bit you sign and give to the new owner.

HTH
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TheShaggyDA
Repost Police



Joined: 14 Jun 2004
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PostPosted: 19:56 - 02 Oct 2006    Post subject: Reply with quote

brooky wrote:
Ill let someone else answer your questions but heres the link to the thread you should of posted in, Not a flame just for next time Thumbs Up

https://www.bikechatforums.com/viewforum.php?f=7

Brooky


Except no-one can reply there Smile
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Current: CB500 Previous: CB100N, CB250RS, XJ900F, GT550, GPZ750R/1000RX, AJS M16, R100RT, Enfield Bullet

[i:6e3bfc7581]But still I fear and still I dare not laugh at the madman...[/i:6e3bfc7581]
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strag
World Chat Champion



Joined: 08 Oct 2004
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PostPosted: 19:57 - 02 Oct 2006    Post subject: Reply with quote

brooky wrote:
Ill let someone else answer your questions but heres the link to the thread you should of posted in, Not a flame just for next time Thumbs Up

https://www.bikechatforums.com/viewforum.php?f=7

Brooky


He is asking for advice Brooky, not advertising the bike.
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brooky
Brolly Dolly



Joined: 27 Jan 2006
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PostPosted: 19:57 - 02 Oct 2006    Post subject: Reply with quote

I'll get my coat Embarassed
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s0urc3
Nova Slayer



Joined: 12 Jun 2006
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PostPosted: 20:03 - 02 Oct 2006    Post subject: Reply with quote

Thanks a lot for the help guys, much appreciated.

And Brooky, that section was my first port of call but as you can't reply and I'm not advertising, I decided on this section. I know where you were coming from though Thumbs Up Smile
____________________
Current: Honda CBR1100XX Super Blackbird 99 Previous: Honda CBR1000RR 04, Honda CBR1000F 95, Yamaha YZF600R 98, Honda CBR600F 98, Honda CBR600F 94, Kawasaki ER-5 02
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brooky
Brolly Dolly



Joined: 27 Jan 2006
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PostPosted: 20:06 - 02 Oct 2006    Post subject: Reply with quote

Yeah sorry mate, I read it as I am selling... That'll teach me to speed read.

Good luck on selling it though Thumbs Up
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ncrn
World Chat Champion



Joined: 24 May 2006
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PostPosted: 22:57 - 02 Oct 2006    Post subject: Reply with quote

they may not always ride the bike home, its not uncommon for someone to arrive with a van/trailer to take the bike home with them (if they turn up to look at the bike with a van/trailer its usually a good sign they intened too buy)
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