Every owner of any kind of two-wheeler has that question in their head. There are several advantages to selling used two-wheelers, and these advantages are drawing more and more attention. To keep you better informed and assist you in making the best choice, we briefly and centrally present them all to you before we delve deeply.
Selling your old two-wheeler can help you maximize your savings in addition to making money, something that many people were previously unaware of. After a certain amount of time, bikes and scooters require more maintenance, and if they work poorly, they just take up space and collect dust.
The longer you wait, the less money you can make when you sell them, until eventually we are only able to make cents from their scrap value. Selling them before they break, however, frees up space and generates income for you, which you can use to lower the price of your next car or to recoup a larger portion of the price you paid for this bike. It also helps the environment by promoting the use of two-wheelers rather than four-wheelers, which lowers carbon emissions.
To find out where and how to obtain the best deal on your bike, let’s take a closer look.
Why Selling Your Old Bike Is A Smart Financial Move:
Unlock Hidden Value:
Even after being used repeatedly, every kind of two-wheeler has a market value. The best price at which it is sold can be obtained with a professional evaluation. This is the untapped potential for financial advantage that your bike can offer.
Free Up Space:
Scooters and bikes that are left unattended in your garage or parking spot take up needless space and collect dust. Selling increases use and frees up space.
Promotes Sustainability:
The second-hand car community is expanding. It is both cost-effective and eco-friendly. Since there is another person on the road riding a two-wheeler rather than a four-wheeler, selling outdated bikes lowers carbon emissions.
How To Determine The Value Of Your Old Bike:
Assess Condition:
Setting and negotiating a reasonable price with the dealer or customer is made easier when you evaluate the condition of your old bike before selling it. It can be accomplished by examining the tires’ wear and tear, monitoring the air pressure, changing the oil if necessary, cleaning, polishing, keeping the engine and fuel system in good working order, and making sure the suspension is in top shape. The price increases as quality increases.
Consider The Age, Brand, And Accessories:
When determining a price, selling an old bike and purchasing a new one share similarities. The total price you receive when selling your bike depends on its brand, model, additional equipment, and overall condition. To determine the optimum pricing, consider how well or poorly these features have held up over time for your bike and how people perceive it.
Research The Market:
To find out how much motorcycles like yours cost, ask around, visit other online sellers, connect with other buyers and sellers, and speak with local dealers. This makes negotiating the price at which to sell your bike clearer.
Estimate A Fair Price:
Lastly, think about the state of the market right now. Before generating a final price, consider the demand for comparable models or brands of your bike and assess the general state of your car.
Best Places To Sell Your Old Bike:
Online Marketplaces:
Online websites offer a smoother and streamlined way of selling from the comfort of your home.
Local Bike Shops:
Local bike shops are dealers that present local expertise and the convenience of selling in the neighbourhood around you.
How To Use The Money To Fund Your Next Bike Purchase:
Upgrade For Less:
The money recovered from your old bike can help reduce the extra expense from your pocket when upgrading to a new one or allow you to aim higher for your next automobile.
Consider Financing Or Layaway:
Amount from old bikes can act as a secure deposit when putting together funds for purchasing the next automobile or any other major investment.
Considerations Before Selling Your Bike:
Personal Safety:
A properly performing bike is a must to ensure the safety of the buyer as well. Inspection is a key part of the transaction, and passing it successfully ensures a successful trade.
Legal Considerations:
Ensure that you have all the necessary documentation in an ideal condition, as the handover is a must for the trade to complete successfully.
Final Thoughts
Genie Bikez, a trusted used two-wheeler brand, helps you maximise the process by allowing you to sell at the best price from your home.
From inspection to documentation, complete the process of selling your two-wheelers in just 10 minutes.
Cut through the hassle of on-ground processes, confusing evaluation, and troubling documentation with our expert assistance at your doorstep.
Stay connected for more.
Sell used bikes online in 10 minutes on Genie Bikez
We present the best online platform for selling your bike instantly in a matter of 10-30 minutes. Genie Bikez is a premier platform that has been in the automobile acquisition sector for many years and with this experience, we have developed a streamlined service for all our customers’ online bike selling needs. Contact us to know more.