When buying a used motorcycle, a buyer must carefully examine the condition of the bike, the seller’s sincerity, and other factors. The documentation involved in the process, which guarantees that the purchasing process is completed legally, is the most crucial component. The following papers must be presented in order for the car to be properly transferred from the seller to the buyer.
The Original Registration Certificate
The vendor is obligated to provide you with the original RC book for the appropriate used motorcycles. A buyer must ensure that the seller’s identification and other details are correct and that no room for fraud exists. The vehicle identification number and stamp, for example, attest to the payment of duty. The RC must correctly identify the seller. You must show the RC to the RTO to formally register the automobile in your name.
The RC book will have a bank seal on it if the motorcycle was bought with bank finance. The buyer will next need to have the bank certify to and stamp the form 35. They will also want a letter of concurrence from the bank stating that there are no more payments due and the loan has been paid in full. To remove the credit portion, the RTO levies a cost.
Having a valid two-wheeler insurance policy
In India, two-wheeler insurance is required. Which is required in order to register an automobile with the RTO. The seller must give you the Motorcycle’s insurance paperwork if you are purchasing an older vehicle. An active policy in the name of the bike buyer is transferred by the insurance company. The new owner of the motorcycle may submit the necessary paperwork to apply for a new insurance coverage if the previous one has expired. In India, there are several two-wheeler insurance companies. A bike insurance policy may be purchased online with the least amount of fuss if a vehicle owner compares different policies based on the perks and coverage they each offer.
- Forms 28, 29, and 30 must be provided by the vehicle’s seller for the buyer to fill out and submit to the RTO.
- Details of the road tax paid must be disclosed to the purchase by the vehicle’s vendor. The RTO needs to get the same.
- Vehicles that are older than six months must have a Pollution Under Control certificate. The PUC must be acquired by the new owner of the vehicle if the previous owner of the two-wheeler did not have it.
- For the RTO to complete the process of transferring ownership of the car, the buyer must also provide two passport-sized photos and documentation of their residence.
- To avoid any issues in the future, the buyer should ask the seller for a receipt of sale.
- The aforementioned paperwork must be delivered to the RTO in order for you to properly transfer the motorcycle’s registration into your name and formally establish your ownership of the vehicle.
Any used Motorcycle purchase carries a certain level of risk. Finding out as much as you can about the bike before you decide and write the check is the only way to lower this risk. To choose wisely, adhere to these rules:
First conversations with the seller can provide a lot of information about the bike
To establish an impression of how the bike was maintained, you should ask the following questions:
- Did you purchase the bike brand-new or used?
- Are you still paying for the bike or do you own it? Do you know the name? It is more difficult to purchase if the owner does not have the title.
- Have you ever lost your bike or been in an accident?
- How frequently do you maintain your bike? Can you provide me with the relevant records for it?
- Where do you take your motorcycle for maintenance?
- Is the paint still the original?
- Where do you typically keep your bike?
- Why did you make the decision to sell your bike?
- What sort of riding do you practice and how frequently do you ride your bike?
Prepare yourself by doing some research on the pricing beforehand?
Do your research to determine what you may anticipate to pay. What are the average bike costs on the market for the same model and mileage? Prices are available online. Determine how much you are willing to pay after you have an idea of what the costs will be. Allow for some bargaining room.
Ensure the bike is in good working condition
A used motorcycle’s quality mostly hinges on how well it has been cared for. Sellers may tell you what you want to hear while lying. But a careful examination will disclose the reality and how it was handled. To see clearly, always have a flashlight with you. By evaluating the bike yourself, or better yet, having a motorcycling specialist do it for you, you can anticipate any potential issues you may have with it.
Get your bike out for a test drive
The last step is to ride the bike yourself so you can experience it firsthand. Make sure your license is on you at all times. Start off gently and observe how it accelerates. What are the breaks like? Do they feel even and streamlined? They shouldn’t yank firmly. They shouldn’t beat or pulse. Warped discs are the cause of pulsating brakes. Examine the gears. It should undergo a seamless metamorphosis and feel solid. You ought to experience total control. The feeling shouldn’t be jerky. The motorcycle needs to feel secure. Test on a smooth, free of bumps or potholes, road.
Check to check whether it appears in control by weaving left and right. Keep a watchful ear out for any unusual engine noises and strong vibrations. The suspension shouldn’t be rattling or squeaking at all. Inquire with the vendor if you hear anything strange. Unusual noises might occasionally just be a part of and don’t always signify a problem.