101 ways to sell your bike...

[1300n]

Question...pls help thanx!!

 

-bike owner is my brother

-i'm sub rider

-wanna sell away the bike(of course approve by my brother lah)

-brother oversea

-wat document need?log card n IC enought?

-need my brother to be present?can i help him to sell the bike?

 

 

:confused:

[1300n]

no one out there to help?

[ekardo]

Originally posted by yoshi@Sep 24 2004, 07:31 AM

for the insurance teh owner which is ur father need to sign the paper work ,if ur father not free u can request to bring back teh paper work for him to sign .

 

for transfer of owner ship ur father need not be present just need to bring his ic and the other party ic to transfer of ownership .remember bring valid road tax insurance of new owner and both party ic

so many pple having this same scenario..

 

 

so I am sure many pple knows the answer..

 

 

to confirm:

1) Dad (new owner and main rider) do not need to present when buying Insurance and when doing transfer at LTA

2) Dad need to signs the form for Insurance

 

To bring

1) at NTUC Income : photocopy log card, dad's IC, my IC, and $$

2) LTA : Dad's IC, Seller's IC, my IC, $$, Log card, Road Tax, and Insurance

 

 

Question:

1) Dad's Driving License needed? He can't possible pass me IC and License since he rides to work !

2) at NTUC Income, need the seller's IC?

 

please help!

[1300n]

Question...pls help thanx!!

 

-bike owner is my brother

-i'm sub rider

-wanna sell away the bike(of course approve by my brother lah)

-brother oversea

-wat document need?log card n IC enought?

-need my brother to be present?can i help him to sell the bike?

 

:confused:

[d0n]

to confirm:

1) Dad (new owner and main rider) do not need to present when buying Insurance and when doing transfer at LTA

2) Dad need to signs the form for Insurance

 

To bring

1) at NTUC Income : photocopy log card, dad's IC, my IC, and $$

2) LTA : Dad's IC, Seller's IC, my IC(not required), $$, Log card, Road Tax (not required as they can check frm their computers), and Insurance of new owner

 

 

Question:

1) Dad's Driving License needed? He can't possible pass me IC and License since he rides to work!

2) at NTUC Income, need the seller's IC?

[d0n]

Originally posted by 1300n@Jan 22 2005, 01:10 AM

Question...pls help thanx!!

 

-bike owner is my brother

-i'm sub rider

-wanna sell away the bike(of course approve by my brother lah)

-brother oversea

-wat document need?log card n IC enought?

-need my brother to be present?can i help him to sell the bike?

 

:confused:

u will need original copy of yr bro's NRIC to do the ownership transfer part

as for signature wise...if u can sign for him...it would be sufficient

[1300n]

Originally posted by d0n^@Jan 24 2005, 12:26 AM

u will need original copy of yr bro's NRIC to do the ownership transfer part

as for signature wise...if u can sign for him...it would be sufficient

oh....thanx alot.....

[2_wheeler]

Originally posted by d0n^@Jan 24 2005, 12:23 AM

2) Dad need to signs the form for Insurance

 

Yes, signing on the form is to declare that you agree to all term and conditions of the insurance company.

[2_wheeler]

Originally posted by d0n^@Jan 24 2005, 12:26 AM

u will need original copy of yr bro's NRIC to do the ownership transfer part

as for signature wise...if u can sign for him...it would be sufficient

forging of singature is a very serious offence!

 

As innocent as it may be or trying to make things easier, you may get yourself into a very big problem. Pls remember that it's not worth the risks.

[ekardo]

thanks for the replies..

 

a check with LTA website gave very good info too..

http://www.onemotoring.com.sg/publish/onem...p_transfer.html

 

but they didn't say whether the person have to be present or not..

[299]

[d0n]

Originally posted by 2_wheeler@Jan 25 2005, 10:18 AM

forging of singature is a very serious offence!

 

As innocent as it may be or trying to make things easier, you may get yourself into a very big problem. Pls remember that it's not worth the risks.

hmm

true as it is

it would be difficult to come up with something easier

or does getting the owner's permission to sign on behalf of him beforehand make this less sinful?

or how abt dont forge? simply sign yr own signature lor...

[Guest taeki05]

sigh. parents found out abt my bike when lta send me a letter of transferring ownership.shucks. just rode a wk. forced me to sell bike else disown.

 

can i jz confirm the selling of bike with u guys? (paisey to ma fan the motordiam..cos i dua that uncle one time b4..told him wanna buy last yr bt never cos parents dun allow...now this again...)

 

Paid all in one go liao (road tax+insurance+bike)

 

1) find buyer

2) ask buyer buy my insurance? (how u go abt doin that? my insurance just renew)

3) Go LTA with my log card+ valid road tax+ ICs of me and buyer. (buyer nd to be present?)

4) buyer pay me

 

thanks in advance.

 

 

 

 

:cry:

[ekardo]

how come the transfer of ownership is sent to you in the first place ? where you buy the bike?

 

1) find buyer

--- correct

2) ask buyer buy my insurance? (how u go abt doin that? my insurance just renew)

--- he buy his own insurance, u get back 0.85 of your insurance, pro-rated. photostate him a logcard..he need to buy insurnance before can transfer to him

 

3) Go LTA with my log card+ valid road tax+ ICs of me and buyer. (buyer nd to be present?)

--- dun think buyer need to be present...but present better lah..since he's getting his log card

4) buyer pay me

--- correct!

[d0n]

Originally posted by taeki05@Feb 2 2005, 12:35 PM

sigh. parents found out abt my bike when lta send me a letter of transferring ownership.shucks. just rode a wk. forced me to sell bike else disown.

 

can i jz confirm the selling of bike with u guys? (paisey to ma fan the motordiam..cos i dua that uncle one time b4..told him wanna buy last yr bt never cos parents dun allow...now this again...)

 

Paid all in one go liao (road tax+insurance+bike)

 

1) find buyer

2) ask buyer buy my insurance? (how u go abt doin that? my insurance just renew)

3) Go LTA with my log card+ valid road tax+ ICs of me and buyer. (buyer nd to be present?)

4) buyer pay me

 

thanks in advance.

 

 

 

 

:cry:

the steps are correct provided u have paid for the bike in full amount already

if still under installment u need to go through the motordiam

[Guest taeki05]

Thankx don and ekardo for the advices. I've finished paying up everything and i bought the bike from sunrise euro.

 

feeling veryupset. sian. no mood. today got pple wanna see my bike.

[d0n]

Originally posted by taeki05@Feb 5 2005, 02:38 AM

Thankx don and ekardo for the advices. I've finished paying up everything and i bought the bike from sunrise euro.

 

feeling veryupset. sian. no mood. today got pple wanna see my bike.

haha

it's alright

time to get yr parents to get u a car or smth

[eFzek17]

hi guys,i need help bout selling my bike to private owner. firstly i owe the shop around 600+ n i intend to sell to the A for 500. Therefore from what i know that A must go n apply for his insurance then go LTA for transfering of ownership and thats all bout it. Am I rite? Im subrider n my dad is the owner.

 

my questions are:

 

How long will it take to get all this done so that the bike is officially A's?

 

My road tax dies 28feb, so what should u advice on inspection, i do it for A, or A do himself?

(intend to sell by this week b4 19feb)

 

Can the shop do all the transfer n insurance for A so that it will be easier?

 

Must my dad be everywhere we go, i mean the place which needed to be visit to?

 

HOw much is the transfership amount? my bike Rxz.

 

thanks

[d0n]

Originally posted by dxruzty_@Feb 13 2005, 01:34 PM

hi guys,i need help bout selling my bike to private owner. firstly i owe the shop around 600+ n i intend to sell to the A for 500. Therefore from what i know that A must go n apply for his insurance then go LTA for transfering of ownership and thats all bout it. Am I rite? Im subrider n my dad is the owner.

 

my questions are:

 

How long will it take to get all this done so that the bike is officially A's?

 

My road tax dies 28feb, so what should u advice on inspection, i do it for A, or A do himself?

(intend to sell by this week b4 19feb)

 

Can the shop do all the transfer n insurance for A so that it will be easier?

 

Must my dad be everywhere we go, i mean the place which needed to be visit to?

 

HOw much is the transfership amount? my bike Rxz.

 

thanks

since u still owe the motordiam installment

the logcard will be with the motordiam also

u need to go thru the motordiam to do the transfer etc

canot do on yr own

 

if u wan to do on yr own

u can consider clearing yr remaining installments and retreieve the logcardfrm motordiam then do the transfer of ownership etc with the buyer yrself

 

ownership of bike will be transferred after the documents have been processed by LTA...if u pass to motordiam do...maybe hafta wait ard 1-2days...if settle yrself...on the spot at the LTA ownership will be transferred

 

however at this point..u may wan to take note that letting the motordiam settle all the stuff would mean the buyer will need to fork out more money for the paperwork + motordiam handling fees

 

as for the road tax...u hafta discuss with the buyer already...it's either u renew before u pass to him or he renew himself...it's all abt deciding who pays

 

transfer of ownership cost depends on the market value of the bike...but generally for 2B bike it will be below $50

yr dad need not be present....juz require his NRIC only...

this applies when u go LTA do transfer of ownership yrself or if u were to let motordiam do...

[Guest taeki05]

Hey all,

 

This person wanna buy bike from me by paying me in installments. I've read from previous posts that getting a loan from finance company is difficult. Since this is the case,

 

SO how can i ensure that he will pay me monthly installments after i have handed him the bike?

 

or he finish paying first then get the bike? impossible right? cos it will take very long....... HOPE TO GET SOME HELP HERE!!!!!!!!!

[d0n]

Originally posted by taeki05@Feb 28 2005, 11:57 PM

Hey all,

 

This person wanna buy bike from me by paying me in installments. I've read from previous posts that getting a loan from finance company is difficult. Since this is the case,

 

SO how can i ensure that he will pay me monthly installments after i have handed him the bike?

 

or he finish paying first then get the bike? impossible right? cos it will take very long....... HOPE TO GET SOME HELP HERE!!!!!!!!!

IMO...it is not advisable to let an unknown person to be subrider while u be main rider

 

when the bike kena big case that requires paying of fines or demerit points...the letter will be sent to the main rider instead of the sub rider requesting for particulars of the offender...

if the subrider wan to play u out and refuse to give u his particulars...no guessing to who's gonna be at the losing end

 

somemore if u r unlucky enough...what if the fella decide to default on installment payment...the motordiam also will look for u...or worse...the fella throw the bike back to u say he dont wan already...then u r gonna be in some real deep shi.t

 

some may suggest that u get everything written down in black and white regarding who's gonna be responsible etc during what events...but personally i feel that it's quite useless...

even if u wan to sue the fella if he back out of the agreement also it's not worth it for u...

spend thousands on lawyer fees w/o being sure whether u can get back the full sum of money or not

[lightweaver]

Hi all,

 

wah so many different scenarios ah.

 

My situation

 

Bike still owe 5.5k to bike shop

Mileage 22000km

Bought Mar 2004

FX86XX

 

My objective

To reduce luigi.

 

Options

1) Sell back bike shop and pay for difference

2) Pay bike in full and look for pte seller

 

Understand option 2's the best so far. Need to check with you guys before i ask bike shop ah

 

If i pay my bike in full, will there be rebate cos of early return? Can bike shop refuse to let me pay in full and say only way is to sell back to them.

 

Then they earn double sia. Earn my carrot and chop new buyer carrot.

 

Thx

[afiqmufc86]

Juz want to confirm with u ppz.... When buying a bike from a Private Seller.... What are the steps??Correct mi if i'm wrong....

 

1) Go Buy Insurance.... putin under Mi uncle's name as dad has no 2B licesnce... so uncle n owner need to be present at NTUC...

 

2) Go LTA apply for Ownership Transfer.... (How much??)

 

Settle $$ with seller and OKAY ALEADY??? can ride on road.???

 

Can someone confirm this ....

 

THANX...

[d0n]

Originally posted by afiqmufc86@Mar 11 2005, 05:42 PM

Juz want to confirm with u ppz.... When buying a bike from a Private Seller.... What are the steps??Correct mi if i'm wrong....

 

1) Go Buy Insurance.... putin under Mi uncle's name as dad has no 2B licesnce... so uncle n owner need to be present at NTUC...

 

2) Go LTA apply for Ownership Transfer.... (How much??)

 

Settle $$ with seller and OKAY ALEADY??? can ride on road.???

 

Can someone confirm this ....

 

THANX...

peng you~

go read the 1st few pages of this thread

after reading u will get to know the answers to yr qns and more~

[Sillyduckz]

Need help..Selling my CBR..i still own the bike shop 24x$159.50 installment..

and i wan sell my bike for $500 cash n let ppl carry on...but i call my bike shop..

he say tat he can oni reloan $2.8k for my bike..minus 2.8k from my installment..still left 1k+..then he say transfer fee + wat lta fee + stupid things...total need 2k+++ cash in order to sell off my bike to a pte buyer..

how how??like this i forever no need sell my bike liaoz..

need help...pls help mi

what should i do??

 

Pay the bike shop all my installment n tk out log card n go other shop to do a 3.8k reloan?

but i dun tink can find such a high reloan rite??

 

Thanks...