Three Things to Look For When Buying a Used Motorbike

When considering buying a used motorbike, there are plenty of great deals for motorbike finance, Australia residents can qualify for. However, while many consumers concentrate their efforts on looking for the best deal on motorbike finance Perth enthusiasts may make some costly mistakes with their purchase. When considering a used motorbike, there are several things you need to look for.

The Market Value:

Whether you are a motorbike novice or an experienced rider, there is still a risk that you will base your buying decisions on emotion. Many people view a used motorbike and fall in love. This means that they will not attempt to haggle on the asking price and may pay over the odds. Although many lenders of motorbike loans, Australia consumers may use will ask for specific vehicle details and may flag up a vehicle priced over the market value, it is still a good idea to conduct some checks for yourself. Some simple internet research can provide you with a good idea of what you should expect to pay for that particular age and model of motorbike.

Dealership Offers:

When considering a used motorbike, many people assume that a private seller will offer the best possible deal. However, this is not always the case and it is a good idea to check out what is on offer at your local dealerships. In many cases, you could pay a little more than a private seller, but it is likely that you will be offered warranties, servicing deals and other incentives. This can make the deal a little more attractive. However, don’t rush into dealership motorbike finance Melbourne dealerships may not necessarily offer the best finance deals, so don’t agree to any offer until you have compared your options.

Has the Bike Been Inspected?

Another consideration is whether you have had the bike inspected before you agree a purchase price. A test ride can highlight a number of issues, but if you are new to motorcycling, be sure to take an experienced rider with you. You should look for any signs of accident damage, wear to the handlebars, chain or forks which could indicate a problem with the general condition and listen to the engine for any unusual noises or smoke. If you are lacking confidence about inspecting a used motorbike, it could be worth getting a bike mechanic to conduct a full inspection. This could save you a great deal in costly repairs if there is an underlying issue. Even minor issues can provide a good point for negotiating the asking price. You should also inspect the paperwork for the bike to determine that everything is in order, especially if you are buying from a private seller.

Buying a used motorbike can be a little daunting, especially if you are lacking experience. However, if you check for these three things, you can have confidence that you have found yourself a great deal. This will allow you to proceed with confidence. If you are in need of motorbike finance, Australia based AllCredit can help. We are a specialist finance broker with access to a wide panel of lenders. Our experienced advisors would be happy to help you in find the finance deal best suited to your particular needs.