legal procedure/steps for buying a used bike in Toronto?

J

jedininja

Well-known member
Forum Sponsor
Hey guys sorry for the noob question but I wanted to know what the procedure was for buying a used bike from craigslist? I found a 2010 Ninja 250R in Toronto but am not sure what my next step should be.

Should I ask the seller to get a UVIP or am I supposed to do that? I was going to see if Ted at Rosey Toes could come and inspect the bike for the safety certification. Is there anything else I am missing? I was hoping to get a step by step process. Is there anyone else you would recommend for getting the bike inspected and certified? I apologize if this has been asked alraedy.
 
Legally seller is supposed to provide UVIP. In practice many don't. Before handing over any money, make sure you get a UVIP (anyone can buy it for $20 if you have the VIN number). If there are liens on the bike, things get a little more complicated, post again if you need all that info.

It is a good idea to get someone knowledgeable to check over the bike before the sale. I don't know if Ted makes housecalls. Ken (kneedragger88 ) does and is highly regarded and knows a lot about kawis.

Look for insurance prices now, a 250 will be cheaper than a 600, but you still may get sticker shock.

If you have your insurance company already picked, registration is easier. You call the insurance company, tell them you bought the bike and they will give you a policy number, take that number to the MTO and transfer bike and get plates.

If you aren't getting insurance for a while, you can transfer the bike to your name as fit and unplated (assuming you have a current safety) and when you get insurance just buy plates. Don't leave the bike sitting in the other persons name while you try to find insurance.

Ride safe.
 
Thanks GreyGhost...how can I check if there is a lien on the bike or not? Does the UVIP indicate this? I want to make sure the bike was completely paid off by the seller. I will PM Ken.
 
1. If you don't have one already, get an insurance quote with a reference number. THIS IS THE FIRST STEP
2. See #1
3. If you want someone to inspect the bike, that's a good idea. Don't get Ted, I like him but he will laugh at you for trying to get a new bike inspected. It is not impossible for something to be wrong on a basically new bike. Also: A safety is not a buyer's inspection of a bike. You could probably get a bike safetied in this city that doesn't even run (see: Ted)
4. Seller should have ownership and UVIP for you to inspect and sign. They probably won't have a UVIP, though. It is critical to be aware of any liens on the bike before you hand money over as they can be difficult to get removed, and the UVIP would inform of this. Since this is a basically new bike, it is more likely to have a lien on it (more likely to be financed)
5. After buying the bike, you will give the insurance broker a copy of the signed ownership or a bill of sale (there is one handy in the UVIP) and payment. You will get a temporary insurance slip.
6. Take the ownership, safety, UVIP, and proof of insurance to the MTO. They will register your bike and give you your plates.

Steps 3, 4, 5, and 6 all involve money.
 
You must log in or register to reply here.
Back
Top Bottom