Buying used motorcycle procedure

[kkevin]

I don't know under which thread to post to, so I post here.

 

Can someone advise me on the procedure to buying 2nd hand bikes? How long does the whole process actually take? I hope to be riding by the weekend. Thanks a lot.

[Soulraider]

Depends on whether you are buying from owner itself or buying from bike shops.

 

Both have its pros and cons if you ask me.

[kkevin]

if buy from owner, how long does process roughly take?

[Snoek]

Insurance / inspection / road tax can be done in one day if you go in the morning and settle all the stuffs.

 

Transfer ownership normally the bike shop will ask u to xome back tomorrow unless u go LTA yourself which is quite far if you are staying in the east.

[Soulraider]

Basic pros of buying from owner:

1. Save on admin fees charged by shops when you buy 2nd hand bikes from them. (Usually $100+). Shops also usually take at least 3 days to do the transfer for you.

2. Get to know history of bike from owner.

3. Transfer will be quick. You just need to get insurance and relevant documents ready bring to LTA Sin Min. On the spot do transfer. On the spot ride and go. You need to find out what documents and how to go about doing it however.

[kkevin]

Okay! thanks alot! =)

[Pandoras Kitten 3]

Whereas going to shop is something like:

 

1. I want X bike. Have? Y/N

2. Interrogate shop on machine condition. Don't pay up if machine is not in satisfactory state. Get them to pretty up the machine & service as necessary if you don't want a rusted, broken down hulk. That is, if you're like me and go for the old soon to be classics. Make sure the shop doesn't take an excuse to boost the machine price to astronomical levels. They're supposed to maintain/repair the machine before offering for sale.

3. Specify desired accessories and/or modifications. Lots of interesting things you can let the shop do.

4. Settle your insurance, transfer, talk nonsense with the staff and haggle the pricing/insurance.

5. Come back a few days to a week's time and test your new ride.

 

Sure it takes a bit more $ and some shops shouldn't be trusted in this regard, but if you find a shop with skilled and passionate mechanic(s) you might be in for a pleasant surprise indeed.

 

Plus, they do everything for you. One stop solution.

[rocklobster]

private seller:

 

1) find private seller who has a bike you want

2) meet to view the bike and nego a price

3) agreed to buy the bike? then time to settle insurance (NTUC, AXA, Mitsui)... make sure u call them to get a quotation first and also get the bike plate no from the fella too...

4) remember to start your insurance on the same day you want to take over the bike

5) meet the guy with with the bike at LTA in sin ming area

6) settle paperwork

7) ride home with your new wife!

[Wormwood]

Is it possible to do the transfer with the owner's IC if the owner himself is not present?

[bunny_hui]

In the end also need the owner to sign the document.

[d515s23]

This thread helps me alot. Ups for fellow new riders.

[r3tr0]

nice details for new riders.. up

 

 

 

 

 

r3tr0

[feriosi]

Is it possible to do the transfer with the owner's IC if the owner himself is not present?

 

Possible, but need to owner to sign on the LTA form that request for Pin.

[qin07]

I know Planet at Ubi charges about $30 for the administrative fee. Reasonable fee in my opinion if you don't want to go through all the hassle! He can do a check for you too.

[ltensail]

hi, also like to ask this question.. related to buying procedure

 

if i intending to change bike, but my old bike's insurance is ending on 28/5/12, should i go ahead and purchase insurance or quickly hoot a new bike?

which one more cost saving on the insurance thing? are they transferrable?

[danielling1981]

hi, also like to ask this question.. related to buying procedure

 

if i intending to change bike, but my old bike's insurance is ending on 28/5/12, should i go ahead and purchase insurance or quickly hoot a new bike?

which one more cost saving on the insurance thing? are they transferrable?

 

Insurance not transferable. But refundable. Can check with insurer, i feel tat e refund wont lose much so in my opinion no worries there. So in ur case, renew first or pray u can find ur bike before ins end.

 

But u r putting pressure and deadline on urself. This may cause u to buy in haste and miss out things. Like didnt check bike properly, kanna carrot becoz didnt wan to wait, etc.

[copyrightweitong07]

The information in the thread is very useful. Thanks

[0401897D]

Insurance not transferable. But refundable. Can check with insurer, i feel tat e refund wont lose much so in my opinion no worries there. So in ur case, renew first or pray u can find ur bike before ins end.

 

But u r putting pressure and deadline on urself. This may cause u to buy in haste and miss out things. Like didnt check bike properly, kanna carrot becoz didnt wan to wait, etc.

 

Just to highligt, not sure of other insurance company. Direct asia charge, if not wrong, abt $60+ for early termination. This will be deducted from your balance insurance.

 

However, if u continue buying insurance wif dem for your new bike, they will waive off tat charges.

 

Do check the fine lines of other insurance company

 

Hope it helps.

 

Cheers

 

 

Sent from my iPhone using Tapatalk

[heibihiam]

umm if i buy from direct owner, is it a norm to request for inspection at xxxxxxx shop prior to the transfer? to make sure the bike is in working/good condition (interior and/or exterior) ?

[yeahh]

buy second hand bike from owner or shop is about the same, bcoz both also cant guarantee anything.

[danielling1981]

umm if i buy from direct owner, is it a norm to request for inspection at xxxxxxx shop prior to the transfer? to make sure the bike is in working/good condition (interior and/or exterior) ?

 

There is no good standard. You should discuss with the owner. Imagine if you sent the bike for inspection before buying, means the owner lose the use of the bike.

[heibihiam]

There is no good standard. You should discuss with the owner. Imagine if you sent the bike for inspection before buying, means the owner lose the use of the bike.

 

hmmm okay thanks. cos for buying car usually will send for inspection first ma... idk for bikes lol

 

thanks!

[heibihiam]

There is no good standard. You should discuss with the owner. Imagine if you sent the bike for inspection before buying, means the owner lose the use of the bike.

 

hmmm okay thanks. cos for buying car usually will send for inspection first ma... idk for bikes lol

 

thanks!

[Subtlescum.]

get the owner to accompany you with the bike to a neutral workshop to get it checked and costs bear by both parties. gl in looking for your bike

[ber]

2010 thread leh