Selling a race bike. Opinions?

[Tony.OK]

Ok so my bikes been for sale for a while now.

Have someone interested and wants to take it to a trackday to test.

My thoughts given that the bike has no insurance at all, is it unreasonable to expect full cash payment upon pickup (bike is being taken to another town) and if sale doesn't go ahead I charge a fee for using brand new rear slick and consumables?



That way if something happens either way I'm covered, or am I not being trusting enough?

I've not ever test ridden a racebike before buying, what do other people normally do?

[onearmedbandit]

Cash before it leaves your sight and deduct cost of damages/wear if sale doesn't go through. That would stand if it was a mate or a perfect stranger.

[Matt Bleck]

I think you are being fair.

[lukemillar]

Personally, I wouldn't let him take it, period! If he wants to take it, he can buy it.

There is still unforseen stuff - no matter how much you try and cover yourself. For example, he could be a complete muppet and over rev the engine on downchanges. Causes stress and wear to your engine, but you'll never know about it.

[Danger Dave]

Personally, I wouldn't let him take it, period! If he wants to take it, he can buy it.

There is still unforseen stuff - no matter how much you try and cover yourself. For example, he could be a complete muppet and over rev the engine on downchanges. Causes stress and wear to your engine, but you'll never know about it.

no cash, no ride

[Tony.OK]

Personally, I wouldn't let him take it, period! If he wants to take it, he can buy it.

There is still unforseen stuff - no matter how much you try and cover yourself. For example, he could be a complete muppet and over rev the engine on downchanges. Causes stress and wear to your engine, but you'll never know about it.

Very good point!

[imdying]

My thoughts given that the bike has no insurance at all, is it unreasonable to expect full cash payment upon pickup

People can only rape you if you let them. I vote don't let them. No cash, no bike.

[Kiwi Graham:Me]

Difficult as it is when you want to sell imagine how difficult it would be to have a repair on your hands and no sale.

I think it would be fair to ask for all the money up front with an agreed deduction for consumables. As for internal damage I dont know how you could prove it was his 'over revving' that causes any probs later down the track.

I think the agreement should be along the lines of if it meets your description of the bike then the money stays in your hands. It doesnt need a whole track day to confirm this.

[t3mp0r4ry nzr]

what if a valve drops when on test, who pays for new engine? sure as hell he wouldnt stump up.
send him up the street on it for a short ride if he must, but fuck that. If he's not sure, the bike aint for him.

[lukemillar]

I think it would be fair to ask for the money up front with an agreed deduction for consumables. As for internal damage I dont know how you could prove it was his 'over revving' that causes any probs later down the track.

You couldn't prove it, but that is beside the point! That was just an example; the point was no matter what you put aside for consumables, there are always unknown factors.

If he wants to find out the bike runs ok, he could just as easily ride it up and down the street a couple of times. He really doesn't need to rag it round a track to discover that!

I find it on add request to begin with - Hands up all those here who took their current race/tracks bikes round the track before they committed to buying them?

[k14]

I'd tell him he either wants it or he doesn't. It runs and that's all he needs to know. A bike is a bike, if he wants it for track days then it will suit his purposes. If he wants it to win the nz superbike champs then he may be barking up the wrong tree (unless he is rossi) but you would have made that clear already. I can't see what he will gain by riding it at a track day that he can't have already. If he wants to see "what it is like to ride on the track" then I'd tell him its $1k running costs if he doesn't buy it.

[Murray]

I'm looking for a bike to ride on a track day, if he doesnt buy it can I show some interest and get it free for the day????


Don't do it!!

[White trash]

What sort of fuckin nancy would sell his race bike anyway?

[Tony.OK]

What sort of fuckin nancy would sell his race bike anyway?

You tell me no I don't excuse health issues.

Nancy is my middle name by the way

I'm starting to think this whole thing is turning into a drama.......maybe if the sun ever shone for long enough I'd have 2nd or 12th thoughts

[NinjaNanna]

regardless of value $11,000 is a lot of money to both of you. For that sort of money I'd be inclined to take a day off work and personally take it to the trackday for them.

$500 non refundable deposit with a bank endorsed cheque for the balance in my hand before it goes on the track. He'd get one session to test it, you might be a nice guy and a make a few changes for them proir to session 2 then give him 3 laps, if he stays out he's bought it, if he doesn't want it he comes in.

If he crashes it he bought it, you may even be able to call in a favour to get a chaporone to follow him round the track, an independent 3rd party if you like just in case the thing goes bang unexpectedly.

Also if your there he's more likely to look after it, also the deal will be done while his adrenilin is still high.