Tips for buying used motorbikes at the right price

Buying a used car has become the choice of many low-income people. Knowing a few tips below is the way for you to buy a good motorbike at an affordable price.

Step 1: Find new car price

To price a used motorbike, you need to know the new selling price of the model on the market (including current taxes + fees), because the motorbike you buy may be of different generations, so they will have significant differences. Moreover, this is also a calculation that helps you negotiate the best price.

Step 2: How many kilometers has the car traveled?

How many kilometers the car has traveled means how much the car has depreciated and from there, you can determine the remaining value of the car compared to a new car.

Normally, for operating conditions and weather in Vietnam, a motorbike has a lifespan of about 200,000 km. Therefore, if the motorbike has traveled about 90,000 km, it is considered that the motorbike has lost 50% of its value and so on, the more you travel, the more depreciation, you will determine the remaining value of the motorbike.

Step 3: Vehicle condition

Another important factor that determines the value of a car is its operating condition. Each owner has a different way of using and caring for their car. Therefore, cars that are regularly cleaned and maintained will be valued 5-10% higher than the price determined in the previous step.

On the contrary, cars that show signs of rapid deterioration due to lack of care, frequent car washing, or unrepaired damage, little maintenance, these cars often have peeling paint and are not beautiful in color... will be discounted up to 20% compared to the determined price mentioned above.

Step 4: Find errors and omissions

This is definitely a very important step that you cannot skip. Damage to the car will greatly affect the remaining value of the car, so you need to consider carefully. You should consider factors such as whether the engine is still good, whether it consumes a lot of gas, whether there are any internal problems, whether the exhaust is intact or has been punctured, damaged... to deduct money reasonably.

Besides, you should test drive the car to check the safety of the car. How is the condition of the brakes, is the sound of the engine smooth?

Step 5: Vehicle documents

With complete vehicle documents, the value of the vehicle will be less depreciated. You should check all documents: vehicle registration, complete original records, etc. With these vehicles, you can rest assured and choose the right price to buy.

Step 6: Check used car prices

Normally, there will be specialized websites for buying and selling used motorbikes, you can go there for reference. You can rely on the price they offer to “narrow down” for yourself a reasonable price.

According to Vietnamnet.vn