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4 Things to Consider Before Buying a Second-Hand Motorcycle

Published on EST READ TIME: 5 MIN

There is a reason why many Indians are planning to buy second hand motorcycles as COVID lockdowns are easing. Not only are such bikes easier on the pocket than new models, but they also help you to practice social distancing by avoiding public transport. Moreover, these days, you can choose from many stylish models of pre-owned bikes and protect your purchase with a cost-effective two wheeler insurance plan. All you have to do is keep the following points in mind while picking up a used motorcycle.

  1. Decide where to buy from – When buying a second-hand bike, you can either buy from a dealer or a private seller. A dealer will have a wide range of bikes and you can be sure that they have been thoroughly checked, when it comes to ownership history, documentation, registration papers, mechanical aspects etc. This is because a dealer carefully chooses his inventory. On the other hand, buying from a private seller is slightly cheaper, but a certain risk is involved. You will have to do all the inspection yourself.This option is recommended only if you know the owner well and have sound knowledge of bikes.
  2. Inspect the bike thoroughly – Check all of its aspects minutely before buying. Examine the brakes, ensure smooth operation, and check the age of the gear pad. Check for oil leakage and rust or corrosion along bike frames. Rust is a sign of poor maintenance. Also examine the clutch. The lever effort should be effortless when released. Chassis, chains, tyres, fuel tank etc. should be inspected thoroughly for cracks, leaks, wear and tear. Plus, ask any questions you might have.
  3. Check the documentation – Check the following documents when purchasing a second-hand bike:
    • Service Book – Although this isn’t mandatory, it shows if proper maintenance has been carried out periodically.
    • Pollution certificate- The certificate will show if the pollution caused by the bike is under control.
    • NOC – No objection certificate is mandatory from the RTO where the vehicle is registered. It says that the bike can be transferred from one owner to another.
    • Sales Receipt and RTO forms – Forms 28, 29 and 30 are needed to effectively complete the used vehicle sale process.
  4. Two wheeler Insurance policy – Check if the bike has valid two wheeler insurance. If not, it is advisable to get one and protect yourself against losses in case of theft, accident, natural disasters etc. Compare insurance policies from different providers before buying one. Just a little bit of diligence can help you save money and find an ideal two wheeler insurance policy as per your needs.

Process of Buying a Second-Hand Two Wheeler

It is always a good idea to purchase a second-hand bike from a reputed dealership. Check out two or three dealers before zeroing in on one. You should have some idea about the type of bike you want to buy before you visit the dealer, for easy selection. Compare the prices of various dealers and negotiate. Take a test drive, do a thorough inspection yourself or take someone knowledgeable along. Make sure all the documents are in place and that the ownership transfer can happen smoothly.

Conclusion

So, you are finally ready to ride home your dream bike. Remember that a second-hand bike can be good value for money in the long run. Keep the above checklist in mind, check all aspects thoroughly, and go ahead when you are sure.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

This blog has been written by

Mukesh Kumar | Motor Insurance Expert | 36+ years of experience in insurance industry

A veteran in the insurance industry, Mukesh Kumar has the expertise of handling various functions like Business Development, Underwriting, Claims, Human Resources, Quality Management and Marketing. With rich knowledge of the industry, he loves to share his views on topics of insurance sector and takes special interest in educating people on advantages of having insurance.

Mr. Mukesh Kumar recommends "getting your two wheeler insured from HDFC ERGO, a brand serving more than 1 crore+ customers. With overnight repair services and more than 6,800+ network garages, you can be assured of help in event of any damage to your vehicle



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