Home / Blog / Motorcycle Insurance / What Are The Tips Before Buying A Second Hand Motorcycle
Buying a used bike is practical for many reasons. Whether you’re an avid biker or new to the world of motorcycles, buying used can save you money and still get you access to great rides. But not all used bikes are the right buy, so you’ll want to know what to look for (and avoid) before you start shopping around for your next ride.
Keep reading for tips on buying second-hand motorcycles so you can hit the road in your dream ride.
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Now comes the fun part. You get to shop around for your dream used bike! Keep in mind that the source of your used bike could be either a dealership or a private seller, and both are great options. You may have more trust in buying from a dealership, but you can find some incredible deals on private sales. Either way, be sure to do your research on each particular bike before closing the sale.
Once you’ve found a great option, it’s time to do your homework. You’ll want to compare the cost to market prices for the same make and model to ensure you’re paying a fair price. NADA Guides and Kelley Blue Blue can help you be sure the price is right for each bike based on its make, age, and condition.
It’s not a bad idea to also research the cost of maintenance and parts for that bike, so you get an idea of how much you might be spending down the line. If parts are hard to find or expensive, then the great deal on the bike might not be such a great deal after all.
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Buying a used motorcycle can save you money while riding fantastic bikes. But like buying anything used, there are always risks involved. These tips on buying a secondhand motorcycle will help you steer clear of the pitfalls of buying a used one and land a superior bike for the right price.
Insurance is easy to overlook, but it’s just as important for a used bike as for a brand new motorcycle. Be sure to explore your coverage options and decide how much protection you’d like so that you can set up the right coverage before taking your new (to you) bike for its first ride. Start by getting access to free quotes quickly thanks to ConsumerCoverage, so you can check “insurance” off your list.
Happy cruising!
Lauren Lewthwaite Lauren Lewthwaite has been freelance writing for almost five years writing content that ranges from health to insurance and everything in between. Lauren is also a trained translator in French and English and is a dog-mom to an adorable Australian Shepherd.