The used bike market in India is growing at a rapid pace with each passing day. This has been possible as the buyers in the used vehicle segment are now aware of the potential and perks of buying a pre-owned vehicle over a new one. Whichever product you are planning to buy, may it be a car, bike, scooter or bicycle, purchasing a used model over the new ones is always a smart decision, provided the second-hand product is in well-maintained condition and returns high value for your money. However, most of us get confused regarding the fair market value of any used vehicle. And this is the case with both buyers and sellers of the used bikes. The buyers generally think that he/she has bought the bike for a higher price than its original value, and the seller is always in the confusion whether he/she is selling the product for a price that would bring enough profit for him/her.
However, with a little research on the fair used bike prices, you can quote the actual price of any pre-owned bike. There are various factors that play an important role in the depreciation of the value of a used bike over the period of time such as the model of the bike, year of manufacture, trim/variant, the odometer reading that states the kms driven, etc. But for understanding all this, we need to do a little research on our own.
There are online used vehicle pricing engines like Orange Book Value that suggests the fair price of any used vehicle including cars, bike and scooters. You can do the primary research on the price from these used vehicle pricing engines. Other steps of research include taking opinion from professionals. If you show the used bike you want to buy to a mechanic or a biking enthusiast, that person will examine the bike thoroughly and let you know the defects that would help you in negotiation of the final price. Also, as a buyer, you can check with other dealers for the price of the same model and compare it with the price the seller has quoted in front of you.
For more detail click here Bike Valuation Tool
However, with a little research on the fair used bike prices, you can quote the actual price of any pre-owned bike. There are various factors that play an important role in the depreciation of the value of a used bike over the period of time such as the model of the bike, year of manufacture, trim/variant, the odometer reading that states the kms driven, etc. But for understanding all this, we need to do a little research on our own.
There are online used vehicle pricing engines like Orange Book Value that suggests the fair price of any used vehicle including cars, bike and scooters. You can do the primary research on the price from these used vehicle pricing engines. Other steps of research include taking opinion from professionals. If you show the used bike you want to buy to a mechanic or a biking enthusiast, that person will examine the bike thoroughly and let you know the defects that would help you in negotiation of the final price. Also, as a buyer, you can check with other dealers for the price of the same model and compare it with the price the seller has quoted in front of you.
For more detail click here Bike Valuation Tool
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