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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

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  • Bajaj Allianz Two Wheeler Insurance
    "Premium should be economical for the renewal"
    0.5 4.0/5 "Great!"
    Whenever there is a issue, I can reimburse with Bajaj Allianz its good than other company. One time I claimed, they gave me cash less service the premium is lesser than others then I changed it. The renewal option is good but they show more premium when I go for renewal.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 17, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Very Good Service"
    0.5 4.0/5 "Great!"
    I had taken this insurance policy almost four years back and i am paying the premium annually. The premium amount has not been high and the payment method has been simple. There has not been any claims made so far and the services which they had offered so far was good.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 17, 2019
  • HDFC Ergo Two Wheeler Insurance
    "Good for two wheeler"
    0.5 4.0/5 "Great!"
    My policy belongs to HDFC Ergo, its a premium policy for one year the insured value is fine for me Rs. 97,000, I have the KTM Duke bike its good, I took first party insurance with HDFC Ergo, I really not interacted with them for any policy queries.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 17, 2019
  • Bharti Axa Two Wheeler Insurance
    "IDV percentage should be increased"
    0.5 4.0/5 "Great!"
    The insured value is low in Bharti axa, I Purchased Royal Enfield bike for Rs. 1.75 but they gave me only Rs. 1.20 lakh . My policy has the tenure of two years, I am not sure about the tie up services. I have taken the first party insurance. I purchased in the month of october 2017.
    Was this review helpful? 2
    , new delhi
    Reviewed on Jan 14, 2019
  • National Insurance Two Wheeler Insurance
    "Better"
    0.5 4.0/5 "Great!"
    I had my two wheeler insurance from National Insurance and it was a better experience. This insurance was issued by the showroom as a default. There is no claim. I felt the premium is bit higher so moved to HDFC Ergo. The customer service is better.
    Was this review helpful? 1
    , bangalore
    Reviewed on Jan 14, 2019
  • HDFC Ergo Two Wheeler Insurance
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    My two wheeler insurance was taken from HDFC Ergo because it has more benefits and the premium is lower compared to others. It is a first party insurance. The customer service is very good. There was no claim and IDV value is good. I got the insurance paper.
    Was this review helpful? 1
    , bangalore
    Reviewed on Jan 14, 2019
  • HDFC Ergo Two Wheeler Insurance
    "Very Good Service"
    0.5 4.0/5 "Great!"
    I had taken this insurance for my bike a long time back and it had been a good policy. I had been paying the premium on an annual basis and the premium amount was not too high as well. The payment method has been simple and there has not been any hassle. There has not been any claims made so far and there has not been any hassle faced with the services of them.
    Was this review helpful? 0
    , coimbatore
    Reviewed on Jan 13, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Good features"
    0.5 4.0/5 "Great!"
    I have my two wheeler insurance with ICICI Lombard. The services are good and there no hassles to get the policy. The premium is also nominal. The policy coverage and benefits are satisfactory. I also received the policy papers on time. Good in all.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 12, 2019
  • United India Two Wheeler Insurance
    "Its Good"
    0.5 4.0/5 "Great!"
    This policy was recently renewed for my bike, my brother went to the showroom and then he renewed the policy, the premium is economical as per the market. They are issuing the policy with the good coverage of bike. Its a trusted insurance company and I got the paper on time.
    Was this review helpful? 4
    , kolkata
    Reviewed on Jan 11, 2019
  • Reliance General Two Wheeler Insurance
    "Should get tie up with more service centers"
    0.5 3.5/5 "Pretty good"
    Even for my Bajaj discover bike I had Reliance general insurance it has the tenure of one year, they gave me good insured value around Rs. 19,000, it covers for the loss, damage. They need to get tie up with chennai to get the hassle free service.
    Was this review helpful? 2
    , chennai
    Reviewed on Jan 10, 2019
  • Reliance General Two Wheeler Insurance
    "Easy Renewal"
    0.5 3.5/5 "Pretty good"
    Based on my experience Reliance insurance company is good, the premium is standard as per the current market. I have Honda it covers for loss, damage cover. There is no claim experience, I used to visit to the branch for the renewal they provide good service.
    Was this review helpful? 1
    , chennai
    Reviewed on Jan 10, 2019
  • Iffco Tokio Two Wheeler Insurance
    "Quick Service "
    0.5 4.0/5 "Great!"
    I have bike policy with IFFCO TOKIYO, it was my friend bike later on it got transfered to my name with Iffco Tokiyo two wheeler policy, the insured value is good it has coverage for the loss and damage. On time they processed the policy on my name. I am happy about it.
    Was this review helpful? 2
    , mumbai
    Reviewed on Jan 10, 2019
  • New India Two Wheeler Insurance
    "Good Experience"
    0.5 5.0/5 "Blown Away!"
    In New India, I have insured my Hero CT delux bike, once a while it got damaged they done the service on time, the premium is low however the insured value is good. It has third party insurance, the service is good and I could renew the policy on time.
    Was this review helpful? 0
    , ambala
    Reviewed on Jan 10, 2019
  • National Insurance Two Wheeler Insurance
    "Its Good"
    0.5 5.0/5 "Blown Away!"
    In National Insurance the premium amount is low around Rs. 2000 for one year, the insurance company allocated Rs. 35,000 for my bike. My Honda dio vehicle is around 6 years, the policy activation done on time. My bike got damaged within 10 days.
    Was this review helpful? 3
    , ambala
    Reviewed on Jan 10, 2019
  • New India Two Wheeler Insurance
    "Average Two Wheeler insurance"
    0.5 3.0/5 "Satisfactory"
    My two wheeler insurance was taken from New India for my new bike. The showroom people has done a insurance when i purchased my two wheeler. I paid the premium amount of Rs. 1600. The documentation process was simple. They have given the IDV value of Rs. 55000 which I'm happy about.
    Was this review helpful? 3
    , mangalore
    Reviewed on Jan 09, 2019
  • Shriram Two Wheeler Insurance
    "Better"
    0.5 4.0/5 "Great!"
    My two wheeler insurance was taken from Shriram because my friend is working there. The renewal procedure was easy and he done it for me. The premium is 1200 rupees for one year. I have no claim and never contacted the customer service. The premium was moderate and benefits are average.
    Was this review helpful? 1
    , vellore
    Reviewed on Jan 09, 2019
  • Bajaj Allianz Two Wheeler Insurance
    "Good online option for renewal"
    0.5 4.0/5 "Great!"
    Reason to prefer Bajaj Allianz, I don't want to visit to the showroom for the renewal. I can renew the policy through online and I compared the benefits through online. On time the customer support team issued the paper. I have activa they gave me good insured value based on the vehicle age.
    Was this review helpful? 0
    , thrissur
    Reviewed on Jan 09, 2019
  • HDFC Ergo Two Wheeler Insurance
    "No experience with this policy"
    0.5 4.0/5 "Great!"
    3 months ago, i have purchased the new vehicle and the dealer has suggested me to take a insurance policy with HDFC Ergo. The dealer has taken care of all the procedure of this policy. I've no idea about the premium amount. This policy covers the 100% of the vehicle.
    Was this review helpful? 1
    , tiruchirapalli
    Reviewed on Jan 09, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Good coverage for rider and thrid party"
    0.5 4.0/5 "Great!"
    Normally the insurer provide the cover for rider but this ICICI lombard is providing coverage rider and third party, the premium is also economical. They gave me the good coverage based on the vehicle age, my policy has the tenure of two years.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 09, 2019
  • Bajaj Allianz Two Wheeler Insurance
    "Good Policy"
    0.5 5.0/5 "Blown Away!"
    Last time I took the two wheeler insurance from Bajaj Allianz. I took the premium around 1500 for one year. They gave me the policy paper, I have bike yamaha bike and also the insurance company got tie up with many service center for any claim.
    Was this review helpful? 0
    , cuddalore
    Reviewed on Jan 09, 2019
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