I was going to wait until spring to sell my bike (Ninja 300), but I'd like to do it now if possible - so I can buy my next bike now and be ready for spring!
Sorry if this is a simple question, but how do I demonstrate the bike is in proper working order? I recall reading somewhere it's bad to start and idle your bike in winter (something about moisture getting into the system, maybe?).
Even idling it doesn't demonstrate things like transmission, steering head bearings, etc.
Any thoughts, insight or opinions are appreciated. The bike is in perfect working order and I would like any potential buyers to feel confident about this.
I've never sold a used vehicle before, or purchased used privately. I searched "selling bike winter" and got no results.
Thank you in advance!
I bought my last bike privately in the winter and got a good deal because the owner wanted to move on and priced the bike accordingly, 10-15% below market. Bonus: It was a US purchase with better pricing than here and the Canadian dollar was above par (1.10).
If the bike has a particular following winter isn't wannabe season. Serious people actually go out in the snow because they want to grab a rare bike whenever they can. High volume production bikes don't usually fit this category and sell on price.
While you may lose a few bucks on the selling part you might gain a bit if you buy your new bike now (Memo: check insurance rates ). Even if you don't buy now you will know your exact financial situation when you do go to buy. (Memo: Read up on continuous insurance coverage).
Cold starts are not ideal but when I have to for maintenance reasons I let the vehicle at least come up to temperature. It isn't ideal but once or twice won't destroy a bike.
My attitude on test rides really peeves some people but I don't gamble with my assets and don't allow test rides.
1) Risk of collision: In many cases the buyer is moving up and will be unfamiliar with the bike. At the same time he will want to push the limits. This is a high risk ride.
I was selling a Kawi Concours, a top heavy 1000 cc bike and a potential buyer showed up and asked about a test ride. He was on a scooter. My lawn mower had a bigger motor.
2) Valid license: Is the person licensed to ride your bike and in the event of a crash what are the implications of letting an unlicensed person drive your vehicle?
Be aware that a lot of DUI types don't show up in court and are convicted without surrendering the piece of plastic that implies they are licensed.
3) Misguided focus: There are numerous posts about getting a cash deposit of $500 or $1000 to hold in case the test pilot damages the bike. That might cover a few scratches and a broken mirror but if the crash is part of an at fault collision the claim from the other party will affect your insurance far beyond the bit of cash in your hand. It would be cheaper to give a bike away if you knew this was going to happen.
4) Insurance fallacy: Get the buyer to sign something that says their insurance will cover a collision. INVALID.
Insurance companies spend a fortune having lawyers write policy terms and conditions. You can't void those contracts with a note scribbled on the back of a cigarette pack. The owner of the bike is responsible for damages caused by the bike, regardless of who is riding it. The owner of the bike takes any insurance hit.
5) What if I don't like it? Tough luck. I'm not your mommy. Do your research. Sit on it and rock it back and forth, side to side and see if it fits.
6) HTA 172: If the test pilot gets caught 50 over or stunting your bike gets towed and impounded fro a week. You are responsible for the bill of around a grand. If it's winter getting a bike home from storage afterwards is trickier than doing it with a car.
Most used bike sales are under $10K. Consider the above if you value your financial future. In the very small chance that something goes wrong you may never own anything as long as you live. I will demonstrate a bike for someone but would rather give up a few points on price than risk the above.
There are those that want to take the chances re the above and they are perfectly free to ignore the potential risks.