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  • 10 Tips To Remember While Buying a Used Two-Wheeler

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    A two wheeler has become an important necessity for people who travel to work every day through the dense traffic present on city roads. If you wish to learn how to ride a two wheeler or have budget constraints for buying a new bike, buying a used two-wheeler makes perfect sense. However, when you buy a second-hand bike or a scooter, you need to do a bit of research to make sure the vehicle is in the right condition and it is able to serve you for a few years. Here are few of the tips to remember when you purchase a second-hand two wheeler.

    Determine The Purpose Of Buying A Two Wheeler

    First of all, you must determine the purpose of buying a two wheeler. If you are someone who is looking to go for long road trips or cross-country rides, what you need is a touring bike which is comfortable, easy to handle, and does not ditch you while you are traveling. For short journeys, a sports bike can be more suitable. While if you just want a mode of transport for your daily commute to office or any other place, a decent motorcycle or a scooter should do the job. Whatever be the case, it is important to know why you want a two wheeler. Get Information On Different Motorcycle Models

    Once you know the purpose of your purchase, visit several two-wheeler manufacturer websites to find out which vehicle models are best suited for you based on their features, power, and performance. You may also watch bike review videos on YouTube and visit different third-party websites that review two wheelers based on different factors.

    Other than the online research, you can visit various two-wheeler dealers and physically check the vehicle. You can also ask your friends and colleagues to share their suggestions. After all, nothing counts more than the practical experience.

    Enquire About The Market Value of The Two wheeler

    There are different sources on the Internet where you can find the current market value of a two-wheeler and their resale value based on your location. Some resale websites give you thousands of search results to choose from.

    Two Wheeler Insurance:

    Buying a two-wheeler insurance for a used two-wheeler can be a little tricky as the Insured Declared Value for the same may not be much. You can get your used two-wheeler insured based on the bike model, age of the vehicle, and other factors. A basic third-party bike insurance is mandated by the law. However, it is better to go for a comprehensive insurance policy as it provides you a greater scope of protection. There are multiple third-party websites where you can compare the benefits that different motorcycle insurance policies offer as well as the difference in premium to be paid.

    Determine Where To Buy The Vehicle From

    There are different pros and cons of buying a used two-wheeler from an individual or an independent/licensed dealer. The positive thing about buying a two-wheeler from a dealer is that you can exchange your current two-wheeler (if available) with another one with the payment of some additional price. You can also take a test ride and get support from the in-house service unit of the dealer. Some dealers also offer “certified pre-owned” vehicles that come with detailed information on service history and guarantee. A dealer may offer you more buying options and also facilitate selling off your existing vehicle.

    If you buy your vehicle from an individual, you have a greater scope of negotiation. But you may not receive the additional perks and benefits that you get from a dealer. If you are able to find a single bike owner who can provide you with service records and other documents, you can go ahead and make a deal.

    Get The Bike Checked From A Professional

    It is very important to inspect the vehicle carefully before shelling out your hard earned money. You can take help of a professional mechanic who can assist you in inspecting the bike and to assess if it’s worth buying. Overlooking one small detail could cost you very high in the long run.

    Take A Test Ride

    No matter how good are the opinions of others, you should always take a test ride and see for yourself if you are comfortable with the bike and the power and performance it delivers. You certainly don’t want the vehicle to be a complete mismatch for you. If you are a novice rider, try not to experiment with a high-end sports bike.

    Request a Service History

    Check The Service History Of The Vehicle

    It is always better to buy a vehicle from someone who has taken proper care of the vehicle. You should request the service history of the bike and evaluate the different repairs and replacements the vehicle has gone through. Also ask for the manufacturer’s manual and tool kit of the vehicle if available.

    Verify The Vehicle Documents

    The most important part of buying a second-hand vehicle is to check whether all the original documents such as the Registration Certificate (RC), purchase receipt, and insurance papers are in place. As vehicle thefts have become rampant these days, you must ensure that you are buying a vehicle from a genuine seller.

    Buying a two-wheeler without a valid two-wheeler insurance can get you in legal troubles and you will never be able to lawfully sell it or trade it in future. Buying from a dealership can be a safe option as they will provide you with the right paperwork. If you are planning to buy it from an individual owner, do make sure to get all the valid documents from the owner and check if the vehicle is registered in their name.

    Also, if the bike has an active two wheeler insurance policy, it’s your duty to get the insurance policy transferred in your name to avoid any complications. The registration certificate also needs to be transferred and the RTO has to be informed about the transfer of vehicle ownership. If you already had a vehicle for which you never filed an insurance claim, you can get your No Claim Bonus (NCB) retained with the new policy.

    Negotiate Well

    If you are satisfied with the paperwork and the condition of the vehicle, it’s time to negotiate well considering the seller’s asking price, the price you are willing to pay, and the highest price you can afford.

    While a used bike can never match the performance of a brand new bike, choosing the vehicle which is in great condition and has all the paperwork in place can serve your purpose well.

    10 Tips To Remember While Buying a Used Two-Wheeler Reviews

  • Page 1 of 50 1 2 3 4 5
    • Royal Sundaram Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler is insured with Royal sundaram insurance from last 4-5 years, a premium of Rs 2000 has to be paid for this insurance policy. There was no claim experience so far with this insurance policy. I am happy with the policy coverage and plan benefits of this policy.
      Was this review helpful? 1
      , jaipur
      Reviewed on Nov 16, 2018
    • Reliance General Two Wheeler Insurance
      "Yet to experience the claim"
      0.5 4.0/5 "Great!"
      I have not used the insurance policy so far. I never claimed anything in this policy. I have not spoke with the customer care. My friend has recommended me about the two wheeler insurance policy with Reliance. I pay the premium amount of Rs. 1500 for one year. I renew the policy through onine.
      Was this review helpful? 1
      , bangalore
      Reviewed on Nov 16, 2018
    • HDFC Ergo Two Wheeler Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken a two wheeler insurance with HDFC Ergo. I got a Passion Pro and Scooty for both the vehicles, I used to renew with HDFC Ergo. The customer service is good. There is no claim experience. The policy coverage and the plan benefits are good. I pay 4,000K yearly for 2 vehicles. The policy period is one year.
      Was this review helpful? 1
      , tiruchirapalli
      Reviewed on Nov 16, 2018
    • HDFC Ergo Two Wheeler Insurance
      "Good insurance policy"
      0.5 4.0/5 "Great!"
      When i purchased the vehicle, the dealer has provided the insurance with HDFC Ergo. I have not used any claim with HDFC Ergo. I have not spoke with their customer care. I pay the premium amount through credit cards. Last year i have bought this policy. Since i'm existing customer of HDFC, i have selected my two wheeler policy with HDFC Ergo.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 16, 2018
    • Reliance General Two Wheeler Insurance
      "Good Policy to use"
      0.5 4.0/5 "Great!"
      My two wheeler insurance policy was taken from Reliance. The dealer was provided the two wheeler insurance policy when i purchased my bike. I have paid a premium amount of Rs. 7000 for two years. The policy covers all the parts of the vehicle. The documentation process was good. According to the bike condition, they have provided 100% coverage value.
      Was this review helpful? 0
      , ahmednagar
      Reviewed on Nov 16, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good"
      0.5 4.0/5 "Great!"
      It is very good and I have a two wheeler insurance with Bajaj Allianz and it was recommended by the showroom person. I have a Honda Activa bike. It is a one year policy. I got the insurance papers on time. There is helpline number to reach the customer support. The premium was paid through cheque.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 16, 2018
    • New India Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I have a two wheeler insurance with New India Assurance from last 3 years, i am not aware of the premium amount as my company pays it. There was no claim experience so far with this insurance policy. I am happy with the policy coverage and plan benefits of this policy.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 16, 2018
    • Oriental Insurance Two Wheeler Insurance
      "Claim process is taking more time"
      0.5 4.0/5 "Great!"
      I have purchased the health insurance policy with Oriental. My entire family has been covered in this policy. My organization has provided the policy and they will be managing all the policy details. I never interacted with the oriental customer care services. I had a claim experience with oriental but my company taking care of that when i submitted the documents. Its taking 20 days to get settlement. They have given me a coverage value of Rs. 5 lakhs.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 16, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Best Policy"
      0.5 4.5/5 "Excellent!"
      Using the bajaj Allianz insurnace for my two wheeler for last 2 years. I used to pay the premium of Rs. 1240. They have provided the value of the bike Rs. 38000. They have covered for 70% of the bike value. I never faced any issues with the policy. Because of the lower price, i have selected the policy with Bajaj Allianz.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 16, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have a bike insurance with ICICI Lombard. Its a one year policy. I asked the service provider for an insurance and they was suggest me ICICI Lombard. I have paid 1300 rupees for a year through cash. I have claim experience, they have taken almost 18 months for the reimbursement. I am satisfied with the policy coverage and the plan benefits.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      The plan is good with Bajaj Allianz insurance company, in terms of coverage value, the insured value around Rs. 47,000 for my Honda Dream yuga bike, its just two years old. I have coverage for loss, damage, accidental. They have many service centers as well.
      Was this review helpful? 2
      , ghaziabad
      Reviewed on Nov 14, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good protection for two wheeler"
      0.5 5.0/5 "Blown Away!"
      The bike policy was arranged through the dealer, since it mandatory purpose I took the policy from Bajaj Allianz. I don't have any option hence I took by paying some premium. I availed comprehensive policy for my bajaj discover bike for one year tenure.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Nov 13, 2018
    • Bharti Axa Two Wheeler Insurance
      " Its convenient policy renewal"
      0.5 5.0/5 "Blown Away!"
      Its convenient to go head to chose all the options, they have option to increase the IDV, even the premium is good. I have been experience with Bharti axa two wheeler policy around five years, whenever I renew the policy I get the no claim bonus.
      Was this review helpful? 2
      , bangalore
      Reviewed on Nov 13, 2018
    • National Insurance Two Wheeler Insurance
      "Average Policy"
      0.5 3.0/5 "Satisfactory"
      I did not have any claim experience with National two wheeler insurance. I have not spoke with the customer care service as of now. I made a premium amount of Rs. 1400 for one year. The reason for selecting the National insurance is when i purchase a bike from dealer who provided the policy with National and i'm continuing the same. They have given a value of the bike is Rs. 55K.
      Was this review helpful? 2
      , chennai
      Reviewed on Nov 13, 2018
    • National Insurance Two Wheeler Insurance
      "Good"
      0.5 4.0/5 "Great!"
      When I purchased the Honda Activa bike at that time they provided an insurance. It is a one year policy. One of my friend is working there so he will takes care of my policy. If anything goes wrong,they will recover 70% to 80% of the damage, remaining 20% from my end.I am planning to renew the policy again with National Insurance.
      Was this review helpful? 1
      , bangalore
      Reviewed on Nov 13, 2018
    • National Insurance Two Wheeler Insurance
      "Good Protection for two wheeler"
      0.5 5.0/5 "Blown Away!"
      As per IRDI policy, National Insurance is following the terms, the premium is reasonable, I have taken bike policy for three years now they do have five years plan. I have comprehensive plan its always better to go with full cover its good for us.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 12, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Need improvement on service"
      0.5 3.0/5 "Satisfactory"
      I have bike insurance with ICICI Lombard, I paid Rs.8700 for three years policy. It has third party plan with personal accidental. But the guys are not responsible, when they want to sell some thing they call , during queries they wont respond.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 12, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Customer Policy"
      0.5 5.0/5 "Blown Away!"
      The customer service is good they are providing continuous follow up before expiring the policy they call and share the benefits on renewal. I have honda passion they gave me the best insured value its good. And providing good benefits on the policy.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 12, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      For my Dream Honda bike, ICICI Lombard gave me best insured value for the premium amount around Rs.1500 for one year. I got my policy documents on time. I have taken the comprehensive plan with first party cover, therefore I am satisfied with them.
      Was this review helpful? 0
      , nagpur
      Reviewed on Nov 12, 2018
    • Royal Sundaram Two Wheeler Insurance
      "Better coverage"
      0.5 3.0/5 "Satisfactory"
      For my Yamaha R15 bike I took policy from Royal sundaram they gave me Rs. 70,000 of idv value for tenure of three years it was good. I purchased the bike for Rs. 1.3 lakhs, now it got good IDV value with third party liability cover, personal accident cover.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 12, 2018
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