Parting ways with your motorcycle is never easy, but when that time comes, the aim is to get the maximum resale value. Apart from the emotional aspect at play, there are several other factors that impact the bike’s value, like its maintenance and service history, its overall condition, and the demand for that bike model in the second hand market.
TVS Sport shines in this regard. It is stylish yet functional, practical yet frugal. And since it is a mass-market bike, it appeals to a larger set of buyers who seek an affordable bike.
Here are certain tips to get the best resale value for your TVS Sport bike while making it more enticing for potential buyers.
Keep it Visually Appealing
There’s an old adage – the first impression is the last. This applies perfectly to selling a second hand bike. Therefore, you must keep your bike looking fresh and well-maintained throughout your years of ownership. If there are major paint peeloffs, multiple dents and rusting in certain areas, consider denting and repainting to restore the exterior. A good looking bike in pristine condition certainly holds a higher value. Moreover, it hides the age of the bike to a great extent.
Keep it Mechanically Sound
After the visual inspection, the first thing that any second hand bike buyer will inspect is the engine health and performance. Hence, make sure to get your bike regularly serviced, and fix any minor issue if there is one. If you are a regular user of the bike, check for any unusual sounds or minor faults. It will give you an idea of its current condition and an approximate idea of the resale value of your bike.
Keep the Brand Value in Mind
Bikes from renowned OEMs such as TVS Motor certainly hold their value in the second hand two-wheeler market as it is among the biggest OEMs in the country. That means as an owner, you get easy availability of parts, repair and the service support is also easily accessible. Considering the fact that TVS makes the best and the most reliable powertrains out there, its two-wheelers see strong demand in the second hand market.
Be Diligent about Proper Documentation
Ensure you have all the necessary documents updated and in place in order to close the deal between both the parties. At the time of the transfer of bike ownership, make sure you have: -
• Original RC (Registration Certificate)
• Updated insurance and RTO certificate
• Form 28 (NOC), Form 29 (ownership transfer notice), and Form 30 (final transfer notice)
• If the two-wheeler is financed, then a NOC is issued by a loan provider.
• Sales affidavit / receipt
Be Flexible about Negotiation
Interested buyers will always seek the best deals on second hand two wheelers, which means there always be negotiation. Instead of advertising a fixed price, quote a price which gives you room for negotiation. Being flexible about negotiation can help faciliate a smoother and much faster sale of your bike. That being said, you should firmly define the extent to which you will negotiate; that way, you’ll save your time and energy which might otherwise be expended on frivolous buyers.
To maximize the resale value, make sure to maintain your two-wheeler in the right manner and follow the above tips to get the best resale value for your two-wheeler.
Book Now
Also Read:
TVS Sport: All You Need To Know about India's Most Affordable Commuter
