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used bike purchase question - 9/27/2005 4:49:13 PM

kahlilj

Posts: 60
Joined: 7/7/2005
Status: offline

i'm in the market for a 954rr.. i went to check one out this past weekend from a private seller. after checking out the bike the seller tells me he does not allow test rides. he then pulls out this bill of sale document which states that buyer will buy bike contingent on it passing a 30 minute test ride AFTER this document is signed.

in essence, u pay for the bike upfront presuming all is ok and if it checks out after the ride then everything stays (u with the bike & your money with the seller); but if bike is not to your liking then all money will be returned and of course bike is returned in same condition.

has anyone ever done a purchase like this or heard of it before??

kgj

Post #: 1

RE: used bike purchase question - 9/27/2005 6:20:11 PM

MgA_ODEN

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Posts: 2072
Joined: 4/19/2005
From: Spring , Tx
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I've heard about it but never done it , I always buy new so I can let someone else worry about fixing the little stuff for a while.
I think the main reason for this is , let say he gives you a test drive and you total his bike and you don't have the cash to cover buying the bike.
It just covers his ass.

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Post #: 2

RE: used bike purchase question - 9/27/2005 11:40:28 PM

kahlilj

Posts: 60
Joined: 7/7/2005
Status: offline

yeah i realized it was a c.y.b (cover your butt) measure, but was just curious what experience anyone else had with this or if they have even heard of it before?

i think the bike is probably in good shape. i inspected it closely and listened to it run for a while too. i'm just anxious to finally get one.. & was really disappointed when i got there & the guy tells me no test ride.

(in reply to MgA_ODEN)

Post #: 3

RE: used bike purchase question - 9/28/2005 1:33:29 PM

NeonspeedRT

Posts: 1468
Joined: 9/2/2004
From: Jax, FL
Status: offline

Most people selling a used bike won't let someone take it for a test ride. They will have some contract like you saw stating that if you ride it and reck it, you bought it.

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Post #: 4

RE: used bike purchase question - 11/28/2005 2:21:51 AM

L8X

Posts: 1909
Joined: 12/19/2004
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just finance a new one

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Post #: 5

RE: used bike purchase question - 11/28/2005 2:27:38 AM

cjbettis

Posts: 1098
Joined: 10/29/2005
Status: offline

risk versus reward my friend...if it is a great price might be worth the risk...also would just give him a check...you can always do a stop payment for $20...no risk really

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Post #: 6

RE: used bike purchase question - 11/28/2005 4:36:17 AM

Anubis

Posts: 2159
Joined: 6/27/2005
Status: offline

Welcome to the forum,

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Post #: 7

RE: used bike purchase question - 11/28/2005 10:12:13 AM

billy42

Posts: 492
Joined: 10/20/2005
From: clarion iowa usa born and raised in diamond-bar ca
Status: offline

Yeah i think it;s the norm now

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Post #: 8

RE: used bike purchase question - 11/28/2005 12:02:23 PM

cbr04

Posts: 2186
Joined: 11/27/2005
Status: offline

i bought my 600rr in a similar manner. the guy didn't allow test rides. i came with a cashier's check for the amount of the bike and made payable to the seller and showed it to him to let him know i was a serious buyer.... but i kept it until AFTER he let me take it for a spin to make sure all was good (which it was). it was a smooth transaction. good luck with everything!

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Post #: 9

RE: used bike purchase question - 4/20/2006 12:20:26 PM

kahlilj

Posts: 60
Joined: 7/7/2005
Status: offline

i know it's a lil late, but thanks all!

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Post #: 10

RE: used bike purchase question - 4/20/2006 12:20:32 PM

kahlilj

Posts: 60
Joined: 7/7/2005
Status: offline

i know it's a lil late, but thanks all!

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Post #: 11

RE: used bike purchase question - 4/20/2006 12:26:37 PM

speedracr13

Posts: 12
Joined: 4/18/2006
Status: offline

just to reiterate whats already been said, i also bought my bike the same way. we didnt have any contract or anything, i just gave the guy my cash to hold onto and had a friend test drive the bike (i didnt know how to ride at the time). overall, really smooth transaction. if you're uncomfortable, take someone with you to make sure dude doesnt just close the garage and turn off the lights the second you leave and then the wheels fall off the bike.

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Post #: 12

RE: used bike purchase question - 4/21/2006 4:33:47 PM

kahlilj

Posts: 60
Joined: 7/7/2005
Status: offline

quote:

ORIGINAL: speedracr13

just to reiterate whats already been said, i also bought my bike the same way. we didnt have any contract or anything, i just gave the guy my cash to hold onto and had a friend test drive the bike (i didnt know how to ride at the time). overall, really smooth transaction. if you're uncomfortable, take someone with you to make sure dude doesnt just close the garage and turn off the lights the second you leave and then the wheels fall off the bike.

that's a good idea speed. thanks. did you bring actual dollar cash or was it a check?

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Post #: 13

RE: used bike purchase question - 4/21/2006 6:02:49 PM

delta

Posts: 82
Joined: 3/26/2006
Status: offline

When i bought mine i didn't bring money, just signed a contract basiclly saying i will pay for damages if any occur or will buy the bike. Something like that, can't remember exactly what it said. Worked out fine. Bought the bike like a week later. Got a great deal, IMO.

(in reply to kahlilj)

Post #: 14

RE: used bike purchase question - 4/21/2006 7:34:15 PM

pitsvtec