How To Buy A Motorcycle From An Auction

Table of contents:

How To Buy A Motorcycle From An Auction
How To Buy A Motorcycle From An Auction

Video: How To Buy A Motorcycle From An Auction

Video: How To Buy A Motorcycle From An Auction
Video: Why buying bikes at the auction can be a BAD idea 2024, November
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Buying a motorcycle from an auction is quite profitable as you save about a third of its cost. And this is due to the fact that you do not need to maintain a staff, rent premises and store a vehicle.

How to buy a motorcycle from an auction
How to buy a motorcycle from an auction

Instructions

Step 1

Decide which bike you want to buy. Make a request in which you specify in detail all the characteristics and parameters of the "iron horse". If the auction has a suitable option for you, then you are in the "game". Evaluate your funds wisely, because sometimes the final cost of a lot at an auction is several times higher than the initial bid. Remember that any bidder can offer an amount that will be at least one ruble more than what you offered, and then he will be considered the winner.

Step 2

To participate in the auction, you need to make an advance payment, the amount of which is determined by the rules of each auction separately. Do not be alarmed: if you do not purchase anything, then the deposit you have paid will be returned to you in full. But remember that if you refuse an already made purchase, you can forget about your prepayment. This money will go as compensation for the costs incurred by the company when reselling this product again at the auction.

Step 3

Wait for the day of trading and actively participate in them. Keep in mind, however, that the outcome of an auction is not always positive. If you buy a motorcycle at an overseas auction and do it through intermediary companies, ask them to raise the bid and tip the scales in your direction when bidding. Compensate them for their expenses.

Step 4

The day after the auction, you will be billed for shipping costs. Pay for it as soon as possible. This is usually given a three-day period. The motorcycle is delivered to the warehouse, where it is reissued and registered. If the "iron horse" comes from abroad, then this process is delayed, because it is necessary to go through customs control and issue a vehicle passport (PTS). Next, a statement-invoice is issued in your name, and the motorcycle is handed over to your use.

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