Tuesday, December 14, 2010

Getting Ready to Sell Your Motorcycle

For some, it can be heart-wrenching to even think about selling your motorcycle. For others, the extra cash can help finance their next motorcycle or another large purchase. CycleTrader helps thousands of people sell their motorcycle every year, so we’ve seen our share of successful sales. Here are a few tips to help you get started:

Research what other motorcycles are selling for in your area – Do a search on CycleTrader.com for similar makes, models or types so you can see the market rate. Other resources like NADA or KBB can also help you price your motorcycle according to its condition, year and mileage.

Take good photos and videos (and don’t have a model, your child or your dog posing on or near the motorcycle) – You don’t have to be a professional photographer to take a great shot. Use a good point-and-shoot or a digital SLR if you’re more advanced to take an unobstructed picture of your motorcycle. One of my favorites set of pictures is a ’05 BMW F 650GS from Carrollton, TX.

• Promote Your Listing on Facebook and Twitter – Once you’ve uploaded your motorcycle onto CycleTrader.com, tell your social networks all about it by posting a link to your listing. Use a service like TinyURL, Bit.ly or Owl.ly to help you shrink your links if they take up more than 140 characters on Twitter.
Organize Your Paperwork – Have the title available and prepare a bill of sale before meeting with the seller. If you don’t have a bill of sale template, visit your state’s DMV for more information. The California DMV has a detailed template available on their site, with form fields to input your information and the seller’s information.

When you're ready to sell, CycleTrader has more tips and tricks to help you list your motorcycle effectively. Visit our Sellers' Resource Center for more information.