If you have used your motorcycle in London, it probably has a fair share of wear and tear, as well as weathering, so first thing is a major service.
This could cost dear – even if you decide to do it yourself, most home mechanics and DIY enthusiasts cannot, haven’t got the right tools, or simply are afraid of doing things like valve clearances, fork seal replacement, tyre changes, or even chain and sprocket changes.
The cosmetics can’t really be resolved, short of a full re-spray, which as you may know, could cost a fair amount too.
Fixing it up, making it pretty and reliable and then selling it is usually a waste of money and you will, in most, except very RARE cases, lose out on money. For example, a very good condition 2002-2003-ish Honda CBR 600 currently retails at around £2800-£3000. If it is well used, expect it to be worth around £2000. You’d need to spend well over a grand on it to put it in a similar position to those selling at £3000, by the time you have done anything and everything that needs doing (valve clearances? tyres? chain sprocket? service?). In order to get your money back, you’ll have to list it up for more than £3000, in which case, people would rather pay £3000 and get something reputable from a dealer or trader.
However, if it is already in good nick, the way you will get most money is selling it privately. But then you get the usual tyre-kickers, dreamers and time wasters. You may also find that you need to work, and have commitments during the evenings and weekends, and making the time to wash, clean and then list it on the internet is time-consuming; let alone making time for the above mentioned time wasters.
If you are moving to another bike, there is always the option of a part exchange. In almost any case, no trader would want to do a straight swap (even if both bikes are identical in nature, condition and/or value!) so be prepared to part with some cash. At Hertfordshire Superbikes, we are happy to take P/Xs and are happier to give a slight discount on the price of the bike you are buying if you present the right part-exchange.
On the contrary, there are bike-buying services, similar to we-buy-any-car, who then offer you rock bottom prices. These are probably good if you want to scrap your bike, and expect £50 or so for it! They also, then expect you to take your bike there (well, if you uncovered it in the garden shed where it’s been stood for 28 years, has two seized brakes, chain so rusty, it might fall off, and a battery that’s just a heavy paperweight, riding it to one of their centres might be tricky. If you do make it there, you will see how the criticise it and turn the £50 they promised you, into a mere £32.50!
Bike traders or dealers are also another way to get cash form your motorcycle – most of these take your bike in, give you instant payment (in cash!) and make a profit on your machine, simply because you are too “lazy” or haven’t got the time to do it yourself.
Here at a Hertfordshire Superbike Centre we buy motorcycles, but operate in a clean, transparent manner, giving you the best deal.
At the end of the day, traders need to buy bikes for stock, so why would they offer such low prices if they know they wont get a purchase?! We are realistic and bikers ourselves. We know that happy customer is a customer for life.
If you are looking to get rid of your motorcycle, give us a call on 01707 66 33 44.