A bike is something that asks for a significant amount of investment when we choose to buy and use it. That is why as a seller of used bikes we tend to ask for maximum returns on our investment. Nevertheless, it is also important for the buyer to conduct proper research before opting for any particular second-hand bike. To receive the best possible price, sell used bikes on online used bike selling platforms.
The Indian two-wheeler market is one of the biggest two-wheeler markets in the world and that is why even used bikes have massive demand in this sub-continental market. When it comes to selling a used bike lots of benefits and drawbacks are involved for both the buyers and sellers. In this article, we will discuss the benefits and drawbacks involved while selling used bikes.
Used bikes have a higher resale value than brand-new bikes.
Benefits of selling used bikes in India
Get the best value
One of the most beneficial reasons for selling a used bike is that you can receive the best possible price according to the condition of your bike. A lot of people may inquire about your bike and if you can understand their requirements and highlight the key features of your used bike you can receive the best possible price.
Receive competitive offers
If you happen to register your bike at an auction you may receive competitive bidding offers which in turn will exceed the amount in which your bike is going to be sold. You may receive a huge amount or a better deal by selling used bikes. Although in this case, you will also have to pay a particular fee to the authority who is in charge of conducting the auction.
Get rid of high maintenance cost
A lot of times people sell used bikes because of the higher maintenance cost that they have to incur. Used bikes usually go through a lot of wear and tear while being used and that is why it is important to regularly maintain the bike if you want to use it at regular intervals. By selling used bikes you can certainly get rid of the high maintenance cost.
Whenever an auction is conducted a tremendous amount of money is spent on marketing to attract lots of potential buyers who are willing to pay for the second-hand bikes. This is how you can sell used bikes and get enough returns from the same. Another easy way you can sell bikes is by registering your vehicle at an online used bike selling platform.
Gain on the depreciation value
Depreciation is an important factor when it comes to selling your vehicle. New vehicles have a high depreciation value therefore the price of new bikes drops at a higher rate. On the other hand, used bikes have significantly lower depreciation value, therefore, by selling a used vehicle you will be able to receive more money due to the low depreciation value of the used vehicle.
Receive your money as soon as possible
Sell used bikes at an online used bike selling platform and receive money as soon as possible. If you try to individually sell your bikes then you will have to individually search for a buyer who will be ready to purchase your bike at an agreeable price. It is a time-consuming process and that is why it is better to sell the same at online marketplace.
Receive transparency and the best price for your two-wheeler
You can get the best price if you sell used bikes through an online used bike selling platform. If you sell your bike to an individual or at auction there are chances that you may not receive the best possible price for your bike if the buyers are not interested.
Nevertheless, selling used bikes at an online used bike selling platform can help you get the best price after your bike has gone through inspection and the buyers will also receive the best deal on a particular bike (depending upon the current condition of the bike).
You can sell your used bikes at an online used bike selling platform to receive the best possible price.
Drawbacks of selling used bikes in India
The history of your vehicle is an important factor when it comes to selling a bike. A certain drawback of selling your used bike is that you won’t be able to receive much value from your bikes if your vehicle history is too long. A significantly short vehicle history will help you receive appropriate value for your bike. To receive the best possible price for your used two-wheeler you can certainly visit an online used bike selling platform.
Lose out on low insurance premiums
When it comes to the insurance premiums of used bikes the insurance premium is extensively low, therefore, you won’t have to worry about paying a hefty sum of money monthly or annually while using a second-hand bike. At the same time, if you sell used bikes then you will also lose out on low premiums every year.
Hard to determine the appropriate value
When it comes to selling used bikes it is extremely hard to determine the appropriate value of the bike you are selling. You may require the help of an expert to decide on the exact value of the used bike. That is why it is better to sell your bike on an online second-hand bike selling platform.
An online used bike selling platform will give you an estimated price of your bike then the quality checking expert will arrive to determine the exact value of your two-wheeler. After the valuation of your bike, you will receive your payment within 5 minutes.
If you want to purchase or sell a used bike in India then there is no better place than Beepkart. Beepkart is an online second-hand bike selling platform from which you can purchase second-hand bikes at an extremely affordable price. The bikes you purchase from here have already received quality checks from expert technicians, therefore, you won’t have to worry about the quality of the vehicle you will be purchasing.
Furthermore, there is a lot of paperwork involved when it comes to buying a second-hand bike which will already be taken care of if you directly purchase the bike or any other second-hand two-wheeler.