Test rides selling question

[HenryDorsetCase]

When selling a bike on TM, what is the best way to word the issue of test rides?
Some say ''proof of cash'' / ''no test pilots'' etc..but I am not that uptight about it to be honest.

I don't mind allowing test rides, have done so in the past and done on face value, sold quickly as a result.
Proof of full license a minimum?

if you drop my bike you own it, and

[youtube]KgmO32IdwuE[/youtube]

[ducatilover]

Not sure about proof of funds myself due to a bike worth as much as yours somebody may be organising finiance, but if they leave their wallet, minus licence and keys to whatever vehicle they come in, I'd be happy


So, iiiiffff I turn up and give you my Volvo keys...


Sent from my Volvo using safety

[Maha]

Not sure about proof of funds myself due to a bike worth as much as yours somebody may be organising finiance, but if they leave their wallet, minus licence and keys to whatever vehicle they come in, I'd be happy


So, iiiiffff I turn up and give you my Volvo keys...


Sent from my Volvo using safety

Point taken, actually, alot of good points taken...

Sent from 307a's sofa.

[Robbo]

If they are genuine buyers they will have the cash with them. Deal is, you hold onto the cash while they test ride your bike.
Discuss time limit on the ride, eg. 30mins etc. When the bike comes back in the same condition it left in then hand the cash
back and let the negotiating begin. If the bike does'nt come back you then have the money and then de-register it.
I would have no problem abiding by these conditions if i was the seller or the buyer.
Good Luck with your bike sale also.

[Edbear]

If they are genuine buyers they will have the cash with them. Deal is, you hold onto the cash while they test ride your bike.
Discuss time limit on the ride, eg. 30mins etc. When the bike comes back in the same condition it left in then hand the cash
back and let the negotiating begin. If the bike does'nt come back you then have the money and then de-register it.
I would have no problem abiding by these conditions if i was the seller or the buyer.
Good Luck with your bike sale also.

Honest buyers generally are fine with conditions like this. If they argue, you have a good idea of what kind of people they are.

[Road kill]

What a pack of rude bastards!

Put nothing in the add, if somebody wants to ride it they will ask. Its not a harley so the sons of anarchy arent going to turn up and steal it.

And if they are asian just tell them to buy one from home (japan, not howick).

Pretty much my approach as well.
Just make your decision either way on the day.

[steve_t]

If they are genuine buyers they will have the cash with them. Deal is, you hold onto the cash while they test ride your bike.
Discuss time limit on the ride, eg. 30mins etc. When the bike comes back in the same condition it left in then hand the cash
back and let the negotiating begin. If the bike does'nt come back you then have the money and then de-register it.
I would have no problem abiding by these conditions if i was the seller or the buyer.
Good Luck with your bike sale also.

What if you hand over your hard earnt cash and you return the bike but the guy decides to not give you your money back? Cash is too hard to track. It's not only buyers that you have to be wary of

[Road kill]

If they are genuine buyers they will have the cash with them. Deal is, you hold onto the cash while they test ride your bike.
Discuss time limit on the ride, eg. 30mins etc. When the bike comes back in the same condition it left in then hand the cash
back and let the negotiating begin. If the bike does'nt come back you then have the money and then de-register it.
I would have no problem abiding by these conditions if i was the seller or the buyer.
Good Luck with your bike sale also.

Seldom had the cash in hand when I've looked at bikes and I wouldn't expect anybody to be walking around with $8,000-$10,000 in cash if they were looking at either of mine.

[The End]

I'll trade you my Scorpio for your bike plus a box of beer (just the cheap stuff from the local dairy) and payments of 14.99 per week for 3 years?


On a serious note though, definitely hold onto their license and keys of whatever they arrived in and take note of their details. Have you thought about having them on as a pillion if it came to that?

[tigertim20]

Dont mention test rides at all. serious buyers will make contact, and you can decide based on the person who turns up how you want to deal with it.

It would pay to get in touch with the ins co and ask for specific exclusions, i.e. what if a 21 year old fully licences rider is genuinely interested but your ins. co. wont cover under 25's?

[Robbo]

What if you hand over your hard earnt cash and you return the bike but the guy decides to not give you your money back? Cash is too hard to track. It's not only buyers that you have to be wary of

Yes, that's true but i would suggest that there's more risk of somebody riding off with your bike and not returning than the other scenario. At the end of the day it's a risk that you have to calculate when you meet the potential buyer/seller.

[Smifffy]

Not speaking from personal experience at all, other than from the buying side.

Bought from a dealer and had to sign an indemnity form obliging me to pay a $2k excess if I binned or otherwise damaged. I agree it's a big call to ask someone test riding to stump up cash to the full value. However, I think at a minimum you should get cash (yes *cash*) to cover the insurance excess for a person unnamed on the policy and also hold a copy of their licence.

If they do screw up, it is going to be a headache for you, but at least your major costs will be covered (barring any primary transport worries), and if they decide not to buy, they get their cash back on safe return of bike.

If I was test riding I would expect to have to put up some kind of security. If they can't afford the excess they can't afford the bike.

[Robbo]

Seldom had the cash in hand when I've looked at bikes and I wouldn't expect anybody to be walking around with $8,000-$10,000 in cash if they were looking at either of mine.

A serious buyer will have the money available or access to it. If the seller states that those are his conditions for a test ride in advance and the buyer is keen on the particular bike being sold then he should'nt have a problem with those terms.
I have bought and sold many bikes using these same methods and never had a problem either way. It is purely a safety measure as i know of several bikes that went out on test rides and never came back. I would rather lose a potential sale than lose my bike.

[Tagger]

How does the actual selling go in NZ ?

Over here it is common practice that if you see a bike you like you pay a percentage you work out with the owner and they give you the paperwork, giving both parties leverage. With this you can enlist your bike and get your plates so once you know that the paperwork works out and he knows that he will get the rest of his money you finish the transaction by handing over the bike for the rest of the cash.

Is this any different over there or about the same ?

[Maha]

I am a cash buyer who has a put some money down on a brand new bike, that now has the rest of the funds to pay outright. Call to the shop yesterday to confirm this and salesman asks ''you don't want to pick it up on Saturday do you'' ...''ah yeah I do, is that not ok''? ... ''its just that Saturday is a busy day here''....

Think I will speak to the Dealer Principal today.