How to Reselling the motorcycles

How to Reselling the motorcycles.

Buying and selling a motorcycle may seem like a daunting task at first, but it can be an easy and fun way to make extra cash. This wikiHow will teach you how to browse, inspect, purchase and resell motorcycles for profit. This is a great and easy business for experienced riders to make money while still enjoying and riding bikes that were purchased!





Prepare for resale. Congratulations you are now an owner! Before you list the bike, be sure to do the following things:

Do an oil change. It is best to take your new motorcycle to the nearest motorcycle repair shop for a proper oil change.

Check the tire pressure for that bike model. The front tire usually needs about 36 psi while the rear needs 41 psi.



Prepare an ad for Craigslist. Prepare to sell the bike, again on Craiglist. You'll want to list the bike for the max (yet reasonable) price. Also, be specific and honest. Lying will waste time for both parties and could possibly cause you to lose money. In the post, be sure to do the following:

Include pictures of your bike to help validate your post.

Include details about the bike such as modifications, the oil change history, and the mileage.



Create your listing. Although it may seem tough to post an ad on Craigslist, it's really easy. Read How to Post Ads to Craigslist for a more in-depth overview. The basic method involves these steps:

Go onto your local Craigslist website and click on "Account" on the top right corner.

Proceed to making an account toward the bottom of the page where it says "Create an account."

Once the account has been made, go to the Craigslist homepage and click on "Post to classifieds."

Click on your county then proceed to checking the "For sale by owner" box.

The next page consists of what you plan on selling. Be sure to check the "Motorcycles/scooter-by owner" box.

The last page consists of your bike description. Be sure to complete all of the boxes including the price, description of the bike, and displacement of the engine, contact information, VIN number in the boxes asking for each.

Don’t forget to add pictures of your bike.



Sell the bike. When a potential buyer contacts you regarding the bike, set an appointment to allow for a viewing.

When the buyer arrives, allow for him to examine the bike as you did prior to purchasing the bike.

Answer all questions then allow for the buyer to test drive. Make sure the buyer has a motorcycle license or a permit.

If the buyer is satisfied with the bike, he will accept the original offer or he may counter your offer. Be sure the offer isn't too low to allow for a greater profit margin.





Tip.

When selling the bike, be sure to list the bike $500-$1000 more from what the purchase price was. This will allow for some negotiation between the owner and potential buyer, allowing for a good profit.

Doing additional modifications isn't recommended (unless its an exhaust upgrade) because it will not increase the value by a great amount.



Warnings.

Ask the owner for the VIN number of the bike. This will ensure that it is not stolen.