Image by Motor Malaya
Planning to sell your bike online? Well, selling a secondhand bike takes up more time and effort, and it’s not as easy as it seems. There are plenty of secondhand bikes in the market out there, so how are you going to make yours stand out? Here are few ways that you may prep for your bike’s future owner:
1. Dig Deep For More Information
As we know that the market for second hand bikes are huge, and how do you stand out from your ‘competitors’? Do your research on:
- What type of bike you are selling and which target audiences suits or will buy your bike: sports bike, daily use, once a week bike, long distance, etc.
- Once you have identify your ‘market’ it’s easier for your to look for the right selling channels, whether online or printed advertisements.
- For online advertisements, they will automatically promote your bike’s ad. What you may do is to share your ad onto other social media groups that suits your target audience such as student group(s), preloved group, bike collectors, etc on Mudah.
- Understand your buyers so you may have a wider target audience for your bike: students, office workers, corporate companies, dispatch boys, collectors, or expats.
- As you are compiling your info on your target market and audience, you may prepare or write a better online advertisement to capture their attention.
2. Keeping Things Functioning
Image by Static Flickr
While you are selling you preloved bike, its good to keep your once ‘darling’ up to date. No buyer will be attracted to an un-kept and rusty bike that’s falling apart. Do keep in mind these things when you are selling your bike or planning to:
- Make sure that all mechanical parts are fully functional.
- Does you bike needs any further maintenance?
- Did your bike involved in any accidents before or required any serious repairs? This is to ensure that the buyer will be safe while riding your bike.
- Are you abusing your bike with missing parts, rusty exhaust, damage to the exterior and interior, lights are not functioning?
- Are there any modifications that you need to highlight to the buyer? This is important as these modifications might affect any insurance policies and claims.
3. Updating All Paperwork
Image by Mudah
Apart from your bike’s functions, you too, need to make sure that all paperwork is up to date. This will ease your buyer’s time and transaction will be smoother and faster. Though it’s not necessary, but it’ll be a bonus to the buyer if you have:
- Road tax renewed or at least with couple of months before the expiry date.
- Recommending or sharing with your buyer on your current insurance policy.
- Have your bike’s registration card, transfer forms and other required documents ready to make the transaction easy for you and your buyer.
- Do keep your record of service history on hand just in case your buyer wanted to know more.
4. It’s All About The Pricing
Image by Expat Go Malaysia
Once you have surveyed on the second hand market for bikes, you’ll be able to gage on how the market value is for your preloved bike. Would you be selling it within the market value, selling higher due to some expensive accessories, or below the market value? For example, here are few preloved bikes range for your reference:
- Scooter: basic daily use RM2,790 and above to a branded luxury ride with RM48,000
- Normal basic bike: RM1,300 and above
- Super bike: short distance travel or weekend rides RM30,000 and above to a smooth, long-distance ride RM65,000 and above
- Customised bike: RM30,000 and above
Do take time in selling your bike online as there will certainly be buyers interested in your preloved darling. However, it’s best to be honest, and never attempt to go alone should a potential buyer wanted to meet up and inspect your bike. Get a friend along as to avoid being scammed and mugged.