Riding a motorcycle can give you a sense of adventure and freedom. It’s an easier way of commuting while being environmentally friendly. Selling your motorcycle is also a great way to fund your next bike purchase or other financial goals. With some easy steps, you can maximize the resale value and get the most money possible when you put your ride up for sale. Here are six simple steps you can take to boost its appeal to potential buyers.
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Maintain a Clean Appearance and Market Professionally
A clean motorcycle makes a better first impression than a bike covered in dirt and grime. Showcase your motorcycle to its best advantage by taking high-quality listing photos. Write a description highlighting features, maintenance, mileage, and any service records. Price competitively by researching comparable models.
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Don’t Make Modifications Without Purpose
Aftermarket parts can add value if properly installed and documented, but only if potential buyers appreciate the brand and style. Going too far off the factory specs can potentially turn off buyers. It is recommended to stick to minor aesthetic or comfort changes only. When selling, you must also prepare yourself to return the machine to its original condition.
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Store Properly
Responsible storage helps maintain the motorcycle value. It translates directly to demand and dollar value when resold. Store your motorcycle in a covered, indoor area to protect it from rain and UV rays, which can cause rust and deterioration. Apply a cover to the bike to prevent dust accumulation, even if you store it indoors.
Maintain your bike by washing it, greasing parts, applying wax, filling the gas tank, and removing the battery. Lift the tires off the ground using a stand or moving the bike periodically to prevent deformation from prolonged weight bearing in one position.
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Maintain a Clean Title
The car’s title is an official legal document outlining the vehicle’s entire history, such as previous owners and any accidents or issues. The title usually has a status, like “clean” or “branded”. This status can affect the car’s value and whether you can sell it.
A clean title means the vehicle has no financial obligations or disputes that could impact transferring ownership. In contrast, a branded title indicates the vehicle has a history of severe damage or conditions. Common reasons for a branded title are fire, heavy commercial use, theft, or damage from hail storms or flooding.
Ensure no significant issues appear on the ownership documentation. Resolve title discrepancies or liens immediately to provide a clean and clear title transfer at sale time. It gives buyers confidence and trust in the motorcycle’s history.
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Address Minor Issues
Don’t let minor issues go unfixed. Small dents, scratches, or faulty electronics will bug the right buyer and give them leverage during negotiating. Rectify cosmetic blemishes to improve perceived condition. Fix issues like dead turn signals right away as well.
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Routine Maintenance and Service
Perform routine maintenance and service and keep detailed records. Having paperwork that lists everything that was done, like when you replaced certain parts, helps reassure buyers that you have addressed major issues.
Endnote
These tips will give your used motorcycle its best shot at maximum resale value. With some planning and care over the years of ownership, you can recoup a substantial portion of your initial investment to put towards your next motorcycle purchase or other goals.