Getting a brand new motorcycle, not to mention all of the gear you will likely want to have, can be expensive. There’s a better way to get a motorcycle that could help you save money: motorcycle auctions.
However, going through an auction for the first time can be a bit daunting. One of your best options is to work with a a third-party bidding company that can help make finding the best vehicles. They can even take care of the bidding and make sure the vehicle gets shipped to you, even if you are overseas.
However, before you decide to buy a motorcycle at an online auction, there are a few things you need to keep in mind.
Set a Budget
The first thing you need to do is to think about your budget. How much are you actually able to spend at the motorcycle auction for your bike? Keep in mind that you will also need to pay shipping and other fees when buying, and you have to consider other gear that you will need. Make sure your budget can cover not only the bike, but also your helmet, safety equipment, and insurance, for example.
It can be easy to get excited when you see the bike that you want, and some buyers tend to get carried away with the bidding and the amount they are willing to spend. Remember that you are buying through a motorcycle auction as a means to save money. Don’t go over your budget. If things get out of hand and the price is above your budget, you should back out and look for another bike.
Do Your Research
How much do you know about motorcycles right now? If this is your first bike, then you will want to do plenty of research before you start looking into the motorcycle auction. Learn about the different makes and models available, and think about how you will use the motorcycle. Do you want to have something that you can take on the road, or are you trying to find a motorcycle that you can take to the woods or to the desert for some off road fun?
Some of the popular brands include Honda, Suzuki, Kawasaki, and Harley Davidson. Of course, this is just a sampling of the brands, and you have to learn more about the different models that are available as well. Find the types of bikes that fit your needs the best, and then look for motorcycle auctions that offer them.
Learn About the Available Motorcycles
Once you have an idea of the style and type of bikes that would be ideal for your situation, you should learn about the options available at the motorcycle auction. Buying through an online auction allows you to learn more about the specific offerings available. You can narrow your search learn more about the motorcycle and model.
Be Sure of Your Purchase Before Making It
When you buy through a motorcycle auction, your purchase is final. This is why it is so important to do your research first. You need to know that you are getting the right type of bike.
At auction you will often find salvage motorcycles, and many of these will have some damage. Remember that the amount and type of damage can vary widely. You need to know what type of repairs the motorcycle may need. This will give you a better idea of how much you will have to factor into your budget for fixing the bike and getting it on the road.
Keep in mind that some of the vehicles at the motorcycle auction will only be useful for parts due to the damage that they’ve incurred. This could be a good opportunity to buy some motorcycles and to strip them down for their parts. A buyer could use the parts to fix other motorcycles they already own and want to restore or even to sell to others who need the parts.
Should You Really Consider a Motorcycle Auction?
There are many benefits in buying a motorcycle at auction. First, there is potential to save a substantial amount of money on the purchase. It’s possible to get deals that you simply couldn’t find if you were to buy through other means.
Also, you will find that motorcycle auctions tend to offer a greater variety of vehicles. You can find all sorts of different bikes that you wouldn’t be able to find from typical dealers in your area. That said, you do need to be careful about what you are buying.