Need to sell, what do I need to know | GTAMotorcycle.com

Need to sell, what do I need to know

FemmeFatale

FemmeFatale

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OK, so I've decided that I will be selling my bikes and getting a new one. I've never sold a motorcycle (or a car for that matter). What are the things that I need to do? Any things that I need to be wary of? Also, where is the best place to sell a bike? Kiji; Gta Motorcycle; through a dealership?

look forward to all of your feedback.

Femme
 
You need a UVIP and that is it. You get that at MTO.

The best place to sell a bike imo is kijiji and gtam. Advertise everywhere. Dealerships won't give you the greatest price out there.
 
...outta curiosity, what are trading up for given you have what appears to be some fairly new bikes listed in your .sig file?
 
You'll also want to get a safety since the bike should pass easily and you want to get full value from it. Selling without a safety (as is) usually takes a chunk out of the sale price. The safety is only good for 30 days so make sure you have a deposit before you get it safetied.

Not sure how long a UVIP is valid for...?

If you were selling a car you'd also want to get an emissions test, they are good for 6 months but doesn't apply to bikes.
 
dr_sarcasm said:
...outta curiosity, what are trading up for given you have what appears to be some fairly new bikes listed in your .sig file?
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848 Ducati, there is no need for two...and I can only ride one at a time. besides insurance on the two is killer.
 
fastar1 said:
You'll also want to get a safety since the bike should pass easily and you want to get full value from it. Selling without a safety (as is) usually takes a chunk out of the sale price. The safety is only good for 30 days so make sure you have a deposit before you get it safetied.

Not sure how long a UVIP is valid for...?

If you were selling a car you'd also want to get an emissions test, they are good for 6 months but doesn't apply to bikes.
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Thank you for the feedback.

What is a safety? Do I need to take it somewhere? How much does a safety usually cost?

Femme
 
FemmeFatale said:
Thank you for the feedback.

What is a safety? Do I need to take it somewhere? How much does a safety usually cost?

Femme
Click to expand...

You take it to the mechanic, pay him $60-80. The mechanic will check your bike and give you the safety certificate for it.

Oh, one other thing. Only let people 'test drive' a bike when the money (and maybe even their drivers license) is in your hands. They dump it - it's their bike.

EDIT: remember safety is only valid for 36 days, so you may want to do safety after you find a potential buyer.

Here is more info: http://www.mto.gov.on.ca/english/dandv/vehicle/used.shtml#selling
 
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ViperZ said:
You take it to the mechanic, pay him $60-80. The mechanic will check your bike and give you the safety certificate for it.

Oh, one other thing. Only let people 'test drive' a bike when the money (and maybe even their drivers license) is in your hands. They dump it - it's their bike.
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Oh...i didn't even think about that....THANK YOU!!
 
FemmeFatale said:
Thank you for the feedback.

What is a safety? Do I need to take it somewhere? How much does a safety usually cost?

Femme
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A service centre will check it over for compliance with basic safety requirements and issue a certificate if it does.

You know, stuff like windsheild wipers and reverse lights. You do have working windshield wipers and reverse lights right? :D
 
fastar1 said:
You know, stuff like windsheild wipers and reverse lights. You do have working windshield wipers and reverse lights right? :D
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smartass
 
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:lmao:

fastar1 said:
A service centre will check it over for compliance with basic safety requirements and issue a certificate if it does.

You know, stuff like windsheild wipers and reverse lights. You do have working windshield wipers and reverse lights right? :D
Click to expand...
 
Actually, other than the bike, you don't need ANYTHING!

You don't need to provide a UVIP. That is optional. NOWHERE in the HTA does is say it's mandatory for you to provide one. You do this as a courtesy to prospective seller's to show you are a somewhat responsible seller. Even the MoT paperwork does not say it's mandatory. So this is up to you. If you want to spend the time and money then go for it. MYSELF personally, I always provide a UVIP and always ask for one. If the seller does not have one then I move on right then and there. In my books, if they are clueless about what it is then they're probably clueless about numerous other vehicle-related things. If they're too lazy to get one then they're probably too lazy to do regular maintenance.

As for the safety certificate - same as above. Courtesy move, it's nothing else. As a seller you can use this as leverage, a bargaining tool. As a buyer, truly, it should mean nothing. You know how easy it is to get illegal safeties in Ontario?!?!?!?

Depending on the intelligence/experience level of the buyer, you don't even need to provide an ownership. (although this opens up a can of worms because they will be coming back)

I would like to add that you spend some time looking at your competition. Prior to listing you ad, for anything, spend some time (hours, days, weeks, whatever) and familiarize yourself with what average asking prices are and see if it's in-line with what you expect. Asking 75% of msrp on a 5 year old bike might not get you many emails/calls.

Good luck.
 
SLIM said:
You don't need to provide a UVIP. That is optional. NOWHERE in the HTA does is say it's mandatory for you to provide one. You do this as a courtesy to prospective seller's to show you are a somewhat responsible seller. Even the MoT paperwork does not say it's mandatory.
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Actually you do need a UVIP.

http://www.ontario.ca/en/services_for_residents/053408.html#Q2


On October 4, 1993, the UVIP became mandatory on the private sales of the following vehicles and must be presented at the time of transfer of vehicle ownership:
  • Passenger vehicles
  • Light trucks (registered gross weight of 3000 kg or less)
  • Vans
  • Motorcycles
  • Motorized mobile homes
 
jeffjones said:
Actually you do need a UVIP.

http://www.ontario.ca/en/services_for_residents/053408.html#Q2


On October 4, 1993, the UVIP became mandatory on the private sales of the following vehicles and must be presented at the time of transfer of vehicle ownership:
  • Passenger vehicles
  • Light trucks (registered gross weight of 3000 kg or less)
  • Vans
  • Motorcycles
  • Motorized mobile homes
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Right, so the buyer has to provide it at the MoT office. The transfer takes place at the MoT office. They are not talking about where you did the deal. That doesn't mean the seller has to provide it.

Any MoT will sell you the UVIP if the seller didn't. They will charge *whoever* $20 for it. You do NOT need to own the vehicle and you do not need to provide the actual ownership for the vehicle. You can walk in with a VIN for any valid vehicle with it written on a napkin.


And for the "expiry" question - a UVIP is valid until a new transfer of ownership has occured. ALWAYS check the DATES on any paperwork you receive from a seller. You wouldn't believe how many times a seller has tried to slip me the paperwork THEY received when they bought a car and tried to pass it off as legit.
 
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SLIM said:
Actually, other than the bike, you don't need ANYTHING!

You don't need to provide a UVIP. That is optional. NOWHERE in the HTA does is say it's mandatory for you to provide one. You do this as a courtesy to prospective seller's to show you are a somewhat responsible seller. Even the MoT paperwork does not say it's mandatory. So this is up to you. If you want to spend the time and money then go for it. MYSELF personally, I always provide a UVIP and always ask for one. If the seller does not have one then I move on right then and there. In my books, if they are clueless about what it is then they're probably clueless about numerous other vehicle-related things. If they're too lazy to get one then they're probably too lazy to do regular maintenance.

As for the safety certificate - same as above. Courtesy move, it's nothing else. As a seller you can use this as leverage, a bargaining tool. As a buyer, truly, it should mean nothing. You know how easy it is to get illegal safeties in Ontario?!?!?!?

Depending on the intelligence/experience level of the buyer, you don't even need to provide an ownership. (although this opens up a can of worms because they will be coming back)

I would like to add that you spend some time looking at your competition. Prior to listing you ad, for anything, spend some time (hours, days, weeks, whatever) and familiarize yourself with what average asking prices are and see if it's in-line with what you expect. Asking 75% of msrp on a 5 year old bike might not get you many emails/calls.

Good luck.
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That is incorrect, I'm not going to to find it for you but the UVIP must be provided by the seller as per the HTA

A friend of mine let someone test ride his GSXR 750, 2 of them came on 1 bike, one stayed with my friend, asked for a smoke, the moment my friend turned for a sec to get his smokes from his jeep, guy was gone and so was his not insured bike

Moron, in other words, no test rides
 
ZX600 said:
That is incorrect, I'm not going to to find it for you but the UVIP must be provided by the seller as per the HTA
Click to expand...

We posted around the same time. Read my response above. Sellers doesn't need to provide UVIP.

Think about it - why would the MoT provide a UVIP to anyone asking for it? If the seller HAD to provide it then it would make sense that only the owner/seller could purchase it. (although that stands to reason too - a Ministry office doing something that makes sense lol)
 
SLIM said:
We posted around the same time. Read my response above. Sellers doesn't need to provide UVIP.

Think about it - why would the MoT provide a UVIP to anyone asking for it? If the seller HAD to provide it then it would make sense that only the owner/seller could purchase it. (although that stands to reason too - a Ministry office doing something that makes sense lol)
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Wrong again

http://www.mto.gov.on.ca/english/dandv/vehicle/used.shtml#selling

"Remember: Under Ontario law, private sellers of most motor vehicles must buy and show potential buyers the Used Vehicle Information Package."

"Sellers must:
  1. Buy this package if you are selling a used vehicle privately in Ontario
  2. Show it to all prospective buyers
  3. Give it to the buyer when you sell your vehicle."
 
SLIM said:
We posted around the same time. Read my response above. Sellers doesn't need to provide UVIP.

Think about it - why would the MoT provide a UVIP to anyone asking for it? If the seller HAD to provide it then it would make sense that only the owner/seller could purchase it. (although that stands to reason too - a Ministry office doing something that makes sense lol)
Click to expand...

Because they can't enforce the requirement and because not everybody is as diligent as the OP in finding out what the steps are in selling a vehicle. Because we're human.
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