How to Get the Best Price When Selling Your Motorbike
When you’ve ridden and looked after your motorbike for years, it’s only natural that you’ll want to sell it for the best available price. After all, the higher price you get, the more money you’ll have for your replacement.
But how exactly do you get the best price when selling? How do you know which online valuation tools to trust? And how can you boost the price with some simple changes?
Let’s get into it.
Use a Reputable Valuation Tool
The most obvious way to get the best price when selling your motorbike is to use a reputable valuation tool that gives you a fair and accurate price, based on mileage, condition, model, and market conditions.
At BigMoto, we’re committed to giving you a fair price through our instant valuation tool. We’re not looking to pay you as little as possible; we’re looking to give you a fair price that’s accurate based on multiple factors.
Clean Your Bike Thoroughly
When it comes to selling your bike, first impressions count. A quick clean can make your bike look well-presented and can help you get a higher valuation. Pay attention to areas like tires and wheels, mirrors and the windscreen, and the dashboard and controls.
A dirty bike can often look older than it really is, which makes it harder to get an accurate valuation because it’s trickier to inspect.
Repair Any Minor Damage
If there’s minor damage that you can repair cheaply and easily, it’s worth doing. Yes, it might cost you a little upfront. But you’re very likely to considerably increase the valuation price by doing so.
Likewise, replacing parts can go further than you think. Obviously, don’t replace anything too expensive, but small replacements can significantly increase the value of your bike.
Gather As Much Documentation As Possible
The more documentation you have, the better. This helps you prove details about your bike, and potential buyers like it when vehicles come with documents. MOT records, a service history, and records of any work done can really help you get the best price when selling your motorbike.
Make sure you have:
The V5C (logbook)
Any service records
MOT certificate (if applicable)
Owner’s manual and spare keys.
Any other documentation can greatly benefit the conditions of your sale.
Sell at the Right Time
Sure, the condition, make, model, and mileage of your bike go a long way toward establishing how much you can get for it.
Like any market, motorbike values can be seasonal. You’re more likely to get a better price during spring and summer, when demand is higher and people are more eager to hit the road.
There are other market conditions that can affect the price you get for your bike. If you’re not in a rush to sell, it’s a good idea to keep an eye on prices and wait until the trend works in your favour.
If your sale is urgent, don’t worry. BigMoto buys bikes year-round and will provide a fair and accurate valuation no matter the season. Our instant valuation means your bike can be picked up as quickly as tomorrow!
Be Honest About the Condition
When requesting your valuation or selling your bike directly, be honest about the condition, warts and all. Highlight any cosmetic damage, mechanical issues or missing documents up front.
You’re probably wondering why it’s important to be upfront about even the less desirable things. The more accurate your description, the more accurate the quote or valuation will be to the final sales price. Any surprises that come up during inspection can and do affect the price, so immediate transparency is key.
Get a New MOT
You certainly don’t have to get a new MOT, but it’s a good idea if yours is expiring soon. That way, any potential buyers can see the condition that the bike is in.
Just like minor repairs and replacements, this tends to be an investment that pays off by reflecting as an increase in your sales price.
Avoid Time-Wasters
Selling your motorbike privately is a popular option, but it’s not always the most efficient. Private buyers can drag their feet for weeks and let you down, resulting in disappointed, low-ball offers, and wasted weekends.
By working with a professional third-party seller, such as BigMoto, you can enjoy not only an instant valuation but also a sales process that takes just a few days, with the guarantee of an accurate and honest price for your bike.
By following these tips and working closely with BigMoto, you can not only get a fair and accurate valuation, but also get the best possible price for your bike.
Remember, spending the small amount of money needed on repairing minor damage and getting your bike cleaned can make all the difference.