Important Considerations When Buying Used Bike

2. Are you planning to buy a motorcycle of your own choice? But, what if, you do not have the required budget to buy a preferred choice of motorcycle and still want a ride to make your travel go seamlessly? Well, in that case, consider buying a used bike in ideal condition and make your daily travel experience simple and comfortable. Laying hands on a second-hand bike is not something that is too bad to consider. In reality, several individuals having limited budget stature have no other option but to buy a used motorcycle of a selected variant and brand. You too have the flexibility to buy your preferred choice of used bike and reach different locations with ease and comfort. To help you with the same, we have created this blog to share information regarding things to check in second-hand bikes and how to transfer ownership.

3. Top Things to consider when buying a second-hand motorcycle There are several things you need to check in a used bike before buying. Unlike, a new motorcycle which has everything intact, a second-hand motorcycle might have some wear and tear, scratches, dents, broken spare parts, or anything that is not intact. Therefore, it is an essential matter to inspect the used motorcycle completely by yourself or with the help of an automotive expert to know the inside and outside conditions.

5. 1. Know the purpose of the bike First and foremost, you need to be sure about the reason to purchase a used motorcycle. For what purpose, you have decided to buy a motorcycle? It is essential to know the answer to this question. You need to know the travel requirements and, the total distance to cover daily or on some days. Moreover, decide your transportation budget before laying hands on the used bike. Once you know the purpose, then only you start checking for an appropriate range of motorcycles of your choice and buy the same with ease.

6. 2. Key used bike inspection points ● Check the physical persona of the motorcycle to know any dents, scratches, marks, or inappropriate paintwork. ● Inspect the engine of the motorcycle to know any sort of oil leakage, broken parts, missing components, or anything else. ● Check complete documents of the motorcycle that must include the registration certificate, PUC certificate, service history papers, any traffic violation record, etc. ● Take a test ride of the motorcycle to know its sound, balance, handling, suspension, power, and acceleration.

8. 3. Check the chassis number Another significant consideration regarding second-hand motorcycles is checking the chassis number. After you are satisfied with the physical appearance, mechanical efficiency, and performance of the used bike, the next is to check the chassis number. This is the unique number given to each vehicle. It is used to know the details of vehicles related to the year of manufacturing, particular variants, brands, and more

9. Step-by-step process transfer ownership of the used bike One of the most important things to keep in mind when buying a second-hand motorcycle is transferring ownership. Undoubtedly, the existing motorcycle in the name of the previous owner must be changed and your name should be added. Therefore, to transfer the ownership, make sure to follow the below-mentioned steps. ● Apply for a Transfer of Ownership certificate from the respective RTO. For this, you need to fill out the respective form, add relevant details, pay the fee, and submit the same. It is important on your part to submit forms like Form 29 and Form 30, obtained from the respective RTO office. Fill out both forms along with the attached documents of motorcycle for submission purposes. Once all the documents have been verified by the transport authority, you will get the transfer certificate that showcases your name as the owner of the bike. ● ●

11. Step to transfer the insurance of second-hand bike Just like transferring the ownership of a second-hand motorcycle has its own set of importance. Similarly, it is of relevant matter to transfer the insurance of a used bike. Therefore, to transfer the insurance, follow the steps mentioned below: ● The existing owner or the seller of the used bike has to apply for an insurance transfer from the respective insurance company within 15 days of ownership of the transfer. The first owner needs to submit all the required documents like RC, insurance documents, PUC certificate, sales receipt, and vehicle details. Even the buyer needs to submit details like PAN Card, Aadhar card, and valid driving license, and verify all the documents. The seller is also required to submit third-party insurance at the time of transferring the vehicle's ownership. ● ● ●

12. Concluding Thoughts Nowadays, it's common for people to buy good-conditioned used bikes and meet diverse travel requirements within a minimal budget. Buying a second-hand motorcycle requires key considerations along with important transfer of ownership and insurance. Also, valuation should be done well in advance to negotiate with ease. Concerning the same, get access to the Wheels of Trust (WOT) platform to check bike valuation online and know the exact price to pay for the ownership.

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