At some point, most motorcycle owners will be faced with decisions about selling it. They may not have as much time to ride anymore or may want to upgrade to a newer or better bike. Timing the sale is important, as it can help them make as much money as possible for their bike. However, it’s not always easy to time the sale correctly. Some tips to help with this include the following.
When the Value is Higher
Values for motorcycles can fluctuate based on a number of different factors, so timing it can mean speaking with an expert to get a quote for your motorcycle. Those who buy and sell motorcycles can take a look at it to determine the current value and how much money could be made if it were sold today. They will likely make an offer, which can mean selling the bike faster and getting more money for it compared to private sales. This could be a great way to sell the bike for as much as possible, without having to do all of the work.
Timing Based on the Season
Though it’s possible to ride motorcycles during any season, the most common times for people to ride are in the spring and early summer. This is because the weather is perfect for short and long rides, so they can be more comfortable while they’re on the go. For this reason, the spring and early summer months are likely the best time to sell a motorcycle. More people are interested in riding, so sales tend to increase during these times, and it may be a great way to sell the bike faster.
Take a Look at the Inventory
It can be a good idea to take a look at the inventory for used motorcycles to see what’s available. Those who have a unique bike may find the inventory for bikes like theirs is low, which means they may be able to ask more for it. If there seems to be a lot of similar bikes available, it may be better to wait until the inventory dips to list the motorcycle, as selling it now could mean getting less for it or waiting longer for it to sell.
Before Hitting Major Mileage Changes
Though what is considered high mileage is different than that for a used car, it is still a good idea to consider the mileage before selling a bike. It is better to sell before the bike reaches the next major mileage change, such as reaching 50k miles, as this can help encourage potential buyers to purchase it. Often, higher mileage means getting less for the motorcycle or it taking longer to sell, so if it’s possible to sell before a major mileage change, it could mean getting a better deal or selling it fast.
If you’re ready to sell your motorcycle, make sure the timing is right for you. Whether you’d like to sell it fast or you’re looking for the highest amount possible, paying attention to the sales happening now and timing the market carefully can help you to sell your bike and meet your goals. Work with the experts to make the sales process as easy as possible and to get more money for your motorcycle.
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