4 Reasons to Have Your Bike Valued Before Selling
Is it the right time to sell my bike and buy a new one? Should I sell or trade in my ride? How much is it worth? These questions can be answered by learning your bike’s value.
Cycle Trader Motorcycle Valuations, backed by J.D. Power, give you a real-time value for your motorcycle. Just enter your bike’s make, model, and year and the valuation calculator presents an estimate instantly. To fully understand the benefits of this feature, Cycle Trader has put together four reasons to have your bike valued before selling.
1. Know What Your Bike is Worth
Coming up with a price for your bike can be a hassle, especially for first-time sellers. You love your Kawasaki motorcycle and think it’s priceless, but a potential buyer may not see the same sentimental value. Also, as a seller, you might not know how to protect yourself from low-ball offers. By obtaining a current estimate of your bike’s value, you can prevent an unscrupulous buyer from attempting to take advantage of you.
2. Get the Best Deal
Whether you are going to sell or trade in, you’ll certainly want to make the best deal. A valuation of your ride can help you get the highest price or trade-in value possible.
One of the biggest benefits to selling your motorcycle yourself is that you can receive more profit. Walking into a private sale with your bike’s value, along with its history and inspection reports, could encourage the buyer to give you a better, more competitive deal.
Trading in can be a good option for sellers looking to make a faster, more secure transaction. A dealer might know how much your bike is worth, but try to make you a deal that’s lower. Researching your ride’s value can help even the playing field.
3. Negotiate with Confidence
Knowing your motorcycle’s value can help you negotiate more confidently. Unless you’re a seasoned negotiator with experience haggling over price with private sellers or dealers, you could be in for a long selling process. Whether you sell your bike privately or trade in to a dealership, a valuation will boost your confidence when it’s time to negotiate a fair agreement.
Say you trade in your used touring motorcycle to a dealership. You could use that trade-in value as a down payment for your new ride from their selection. A dealership might try to give you less for your trade-in bike since they’re looking to make a profit on its resale. However, if you know your motorcycle’s value, you’ll have more leverage when it comes to negotiating a better deal and you’ll be on your way to burning rubber on a new bike.
4. It’s Free and Convenient
Cycle Trader’s Motorcycle Valuation tool offers a free estimate of your for-sale motorcycle, without setting foot into a dealership. These values even adjust to market conditions, so you get an accurate estimate for your used bike. You can access this free tool anytime through CycleTrader.com or the Cycle Trader mobile app.
Whether this is your first time selling a motorcycle or you’ve sold several in the past, knowing the value of your bike puts you at an advantage. Even if you aren’t planning to sell or trade in your ride right now, getting your motorcycle valued can help you keep track of its worth then decide the best time to make a transaction.
Once you have your motorcycle’s value from the free Cycle Trader Motorcycle Valuation tool, you can list your ride on CycleTrader.com, an online marketplace, and reach millions of shoppers from all over the country. Or, once you receive your bike valuation, you can choose to opt-in to a real cash offer for your motorcycle. With this option, you could receive a cash offer through our exclusive Cash Offers partner, delivered directly to your email inbox. For more information, read our previous article on what it’s like to sell a bike on CycleTrader.com.
Arielle Patterson
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