Wheels to Deals: Mastering the Art of Online Bike Sales in India
Modified On Feb 4, 2024 02:01 PM By Team Bikedekho
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Here's how you can sell a bike online in 7 easy steps
The used two-wheeler market in India is on a boom. Where a huge crowd of people is willing to sell their used bikes and want to explore new ranges and get rid of the maintenance, others on a tight budget want to avoid the discomfort of public transport and save their time by migrating to a personal vehicle.
Online selling of used bikes is far more effective and has better outreach. However, selling online can be daunting for those unaware of the process. Follow this step-by-step guide if you want a trouble-free way to sell it.
How to Sell Your Used Bike Online
Online bike selling is no longer a tedious task in this digital world, especially after the deep penetration of smartphones in our lives.
Here is the procedure.
1: Get your bike ready
Every seller wants the best price for their bike. But without making it market-ready, you won’t be able to sell it at the price you always wanted. Therefore, thoroughly servicing or repainting it before selling it is extremely important. A bike in good condition will increase the likelihood of attracting the best price.
2: Prepare Documents
When you have readied the bike for sale, it's time to gather the essential documents. Make sure you have the original RC (Registration Certificate), PUC (Pollution Under Control) certificate, insurance documents, NOC from the bank if the bike is financed, and a valid ID such as Aadhar, PAN card, driving license, etc.
Additionally, keep the original receipts related to the battery or other new components you installed during this period.
3: Set a Reasonable Price
Once the paperwork is sorted, the next step involves setting up a reasonable asking price for your bike. To determine the price, you might need a little research in the used car market for a similar model/make and get an idea of its overall value. But make sure that the price set is neither too low nor too high.
4: Advertise Your Bike Online
This is a crucial step in the bike-selling process. You can choose one of the used bikes selling web portals to create an informative and appealing advertisement. These websites will walk you through the entire advertisement process smoothly. You must have all the necessary details, such as vehicle registration number, insurance details, year of purchase, distance travelled, etc.
Also, ensure you have the best photos clicked beforehand for uploading them with the advertisement. Better-quality pictures will create a good impression of the bike’s physical condition.
5: Interact with Callers and Finalise the Buyer
You would receive a lot of inquiries after the ad placement. In this phase, screening the callers and finding genuine buyers becomes crucial. Make sure not to close the deal in a hurry. Interact with each of them carefully, explain all the details and answer their queries.
6: Schedule a Test Ride and Close the Deal
After the online discussion and finalising the buyer, schedule a test ride. Park your bike in an open area, and don’t forget to accompany the buyer during the test drive. If the buyer is satisfied, you can close the deal. Lend the buyer some time if he needs to arrange the funds, but don’t forget to ask for a fair deposit in advance. Secure a final date for the full payment.
7: Hand Over the Documents After Payment
After getting the remaining payment, conclude the sale by handing the keys and all the necessary documents to the new buyer. Don’t forget to ask for any government-issued ID.
It is important to note that some platforms may handle the documentation process, check the bike's condition at their end, and help you close the deal by charging you a nominal fee. Some other platforms let you sell the bike as a dealer and get the certification of the platform apart from support for loans, RC transfer and insurance.
More or less, the process is the same. So, you are worry-free when getting a genuine buyer on these platforms.
Endnote
Selling a bike online in India is not a big task. However, careful planning will give you the confidence to execute your plan and get the best price for your bike.
BikeDekho is the most trusted and biggest platform for buying and selling used bikes and scooters. Visit the website and get the right price your bike deserves.