waiting time when buying a 2nd hand bike

[tigerspaw]

hi guys. i have a question here.

if i am gona buy a 2nd hand bike from a private seller and its being fully paid..

a) how long must i wait if i buy my own insurance and xfer ownership myself?

b) any bikeshops that will help me xfer ownership n help buy insurance?

c) if yes, which bikeshop does it?

 

really appreciate if you guys could answer..

thx alot...!

[rastyblade]

DIY ... Do it yourself should be the fastest way since the bike you are buying its being fully paid. Go buy the insurance first after that then go do the transfer of ownership at LTA, all can be done in a single day.

[kzone]

I bought my insurance fm AXA at Upper thomson, then straight away meet seller at LTA which is nearby.. less than half an hour of waiting at each place..

[tigerspaw]

oic.. thx alot guys!

[allenkey]

in my case, buyer view bike at nite ard 9pm, confirm deal over phone by 11pm... next morning he went to make insurance somewhere near lta then we meet lta counter at 8.30am. transfer done within 10min. then we both rushed off to work.

the whole process from viewing bike to transfer took 12hours.

[loufu]

i believe most if not all bikeshop will do xfer of ownership for u for a small fees, if u would like to let them do it for u...

[Refugee]

as mentioned, doing it yourself is definitedly the fastest way.

 

but if seller is gonna release the bike on a specific date in time to come... then maybe can let your bike shop do the insurance and transfer for you at a small fee..

 

no need go to LTA at all...

[allenkey]

if dealing wif FULL CASH, its best to do transfer yourself. no point going thru bikeshop and let them earn the fees.

[Xenophobia07]

Normally bike shop does it for a fee of about $20 or $30. That's what I paid when I bought my last 2 bikes.

 

But its just that when you do it yourself, you need to find out which Insurance is the cheapest, which can be troublesome. The shop does that better.

[stantheman]

Normally bike shop does it for a fee of about $20 or $30. That's what I paid when I bought my last 2 bikes.

 

But its just that when you do it yourself, you need to find out which Insurance is the cheapest, which can be troublesome. The shop does that better.

 

 

But bike shop also charge extra for insurance

[Refugee]

yah lah... they also running business wot... let them earn some bucks lah.

 

if the person paying full cash 3-5k for a bike.. that 20 bucks shouldnt matter too much..

 

else it'll be a case of penny wise pound foolish.

 

2 cents.

[Xenophobia07]

But bike shop also charge extra for insurance

 

Bad experience? How much extra is extra?