You love hitting the open road on your motorcycle, but a time comes when you yearn for the rumble of a different ride. When it’s time to sell your current bike, you may not know where to start. While some can get overwhelmed by the selling process, there are ways to quickly turn your used motorcycle into profit. Cycle Trader has come up with five ways to sell your bike fast to help you get started.
1. For Sale Sign
Using a for sale sign is a good, old fashioned way to sell your used bike. Park your bike in a heavily trafficked part of your neighborhood with the sign hanging from it. Write in large, clear writing so that anyone walking or driving by can read it. You’ll want to include information like the make, model, and year of the motorcycle, as well as your contact information. If you park in front of a private business, you’ll want to ask permission from the owner beforehand so your bike doesn’t get towed.
If you don’t want to leave your for-sale motorcycle unattended, or you’d like to keep riding it as you sell it, create for sale flyers instead. You can hang these posters around town and on community boards at local businesses to attract prospective buyers within your area.
2. Online Marketplace
If a for sale sign is too old school, take your bike virtual by listing on an online marketplace. You’ll get exposure from shoppers all over the country by simply creating a detailed listing, which can be done in minutes. Make sure to include as much information as possible about your for-sale motorcycle, including any special features and modifications. On online marketplaces, shoppers can search specifics such as the make, model, year, mileage, and more to find the right bike for them. The more detailed your listing, the sooner you can reach the best potential customer.
Online marketplaces also allow you to add photos. Take high-quality pictures at different angles so shoppers can see exactly what could be theirs. You could even add video of you showcasing any repairs or upgrades you’ve made to the bike. This virtual introduction can save you time with a prospective buyer compared to meeting in person. Be sure to use a consumer-trusted online marketplace to guarantee a safe, reliable, and positive selling experience.
3. Social Media
Just like online marketplaces, social media allows you to reach shoppers and fellow bike enthusiasts from the comfort of your own home. Use social media platforms to sell your motorcycle by snapping a few photos and posting them on your personal accounts, along with community pages and shared-interest groups.
You can even share videos of your for-sale bike on Facebook, Instagram, and TikTok to get some likes and connect with potential customers. What better way to advertise your sportbike than getting some action footage of you winding along hairpin bends?
If you’re looking for a more local approach, Facebook Marketplace is an easy way to attract customers in your area. Shoppers can search items in a certain mile radius from their location, which can potentially remove any shipping or delivery costs for you.
4. Sell to a Dealership
Selling to a private party isn’t your only option. You can also shop your for-sale motorcycle around to different dealerships for a quick and easy deal. Take advantage of a dealer’s convenient business hours to bring in your motorcycle and possibly get an offer on the spot. If there’s a demand for used bikes, you could walk away with an instant cash offer. Many dealerships want your unit to add to their inventory for resale.
If you sell your motorcycle to a dealership, you won’t have to worry about finding a buyer and verifying their credentials and payment. Dealers will also take care of all the tedious paperwork involved with selling, which saves you time in the long run.
5. Trade In Your Bike
For the convenience of selling to a dealership, with an added bonus of something new, consider trading in your bike. This is a great option for sellers who have their sights set on their next ride and aren’t focused on making a profit for their used one. A trade-in is an easy way to sell your current motorcycle to a dealership in exchange for a new (or new-to-you) bike. The dealer will give you a value for your used motorcycle, then take that amount off the cost of the one you purchase from them. You could even pay less on sales tax with a trade-in since many states charge the difference between the trade-in value and the price of your new bike.
Selling your motorcycle doesn’t have to be a long process. A for sale sign, online marketplace, and social media, along with selling to a dealership and trading in, are great ways to sell your bike fast. Before you list your ride, take some time to really make it shine by cleaning your motorcycle. For more helpful suggestions, read our previous article for tips on selling your motorcycle.
If you’re interested in selling your motorcycle on a trusted online marketplace, list your for-sale unit on CycleTrader.com. Use promo code SELL25 to get 25% off your listing from now until the end of the year.