Posted on: 23 December 2014
Used motorcycles are a good bet because you may be able to get your bike at a much lower price than you would have paid if it were brand new, while still enjoying benefits such as low mileage and an extended warranty. While a used motorcycle will help you keep more of your hard earned dollars in your pocket, there are more techniques you can use to ensure that you are getting the lowest price for your used bike. Use these tips to find out what you can do to get the best deal the next time you purchase a used bike.
Traveling A Little Could Save You A Lot
In the same way that the price of cars varies depending upon which part of the country you are in, motorcycles are also sold at different rates based on location. This is an important point to keep in mind because the price of your desired bike will be heavily affected by the demand for it in your area.
For example, if you live in a mountainous region, and require a used motorcycle that has added suspension, bikes with this feature will go for more money where you live because other bikers in your community will want the same feature. Conversely, if you were to purchase the same bike from a part of the country that may have more lowland, there's a good chance that you will be able to save quite a bit of money on your bike because there is decreased demand.
Stay Away From Flashy Additions
While large chrome exhausts and flaming torque blowers may make a motorcycle look extra cool, they aren't the best things to look for if you want a good deal. Bike sellers who have outfitted their motorcycles with all the bells and whistles will be looking to recoup their investment when they sell it. This results in you having to pay a higher price.
In addition, all of the customized features that are included on a flashier bike have to be insured. Your insurance company will require that you list each one of these features, and you may find you're your premium goes up because of the risk that your insurer will have to replace these expensive features in the event of theft or an accident.
Getting the used motorcycle of your dreams doesn't have to break the bank if you know what to do. Use these tips to help you save money on your next used bike.Share