Motorcycles, even new ones, can often be far less expensive than cars. If you’re in search of an efficient commuter or a classic weekend cruising bike, a pre-owned motorcycle can provide excellent value. However, investing in a used motorcycle, scooter, or ATV brings up several considerations you might not face when purchasing a car. The following pointers will help you get the most out of your investment, steering you clear of potential pitfalls.
Plan Your Budget
Price is a key element when acquiring a used motorcycle. To benefit correctly from your investment, pre-determine your budget. Start by exploring listings to understand the current market for used models and discover what’s available. If you’re first-time motorcycle buyer, remember to also account for gear such as clothing, gloves, boots, and a helmet for your safety. Factor in other costs too, like insurance, fuel, and taxes. If you’re in Canada, reasonable motorcycle insurance options are readily available.
Do Your Homework
Aside from your budget, research potential models that catch your interest. Websites with extensive ranges enable you to read reviews and make detailed comparisons, helping to identify a model that complements your lifestyle. Dealer websites and motorcycle forums can also provide valuable insights into classic models and used bike buying tips.
Test Ride Before Purchase
Once you’ve shortlisted interesting options, inspect and test ride these motorcycles to appraise their real-life performance. Avoid notifying sellers that this is your first motorcycle purchase to prevent being overcharged. During the test ride, listen to the engine, examine its handling, and consider the seat’s comfort. Even if you’re not driving it, sit on the bike to ensure its height and size suit you.
Consult an Expert
It’s highly recommended to have a third party evaluate your chosen bike before finalizing your purchase, particularly when it involves a motorcycle. Request the bike’s service history and, if in doubt, have a trusted mechanic examine it to avoid potential expensive repairs down the line.
Negotiate for a Better Deal
Haggling is common practice when purchasing a used motorcycle, so don’t hesitate to negotiate. Presence of noticeable faults or absence of a service record can provide a bargaining advantage, potentially reducing the price. You might even get the seller to throw in some new gear, sweetening the deal. By being diligent and patient, you increase the probability of landing a great deal on your pre-owned motorcycle.
