Tips for Buying a Used Motorcycle

Motorhome & RV Insurance in San Diego County

Are you finally ready to take the leap by buying your first used motorcycle? If you have scrimped, saved, and priced the cost of your favorite models, you are one step closer to hitting the road on your own two wheels. While it is important to use pricing resources like Kelley Blue Book to assess listed prices and get a fair deal, you must consider much more than just the final sale price of the bike when negotiating a deal. You will need to consider other costs as well as the type of riding you will be doing regularly. American Tri-Star Insurance San Diego offers 3 valuable tips to keep in mind when buying a pre-owned motorcycle.

1. Have the bike inspected by a mechanic you trust

A used motorcycle can have 500 miles or 30,000 miles, and you need to be sure that you do not mistake mileage for condition. If you are not an expert on mechanical components, be sure to take bikes that you are seriously considering to a qualified mechanic. By doing this, you will find out if the bike is road ready, and how much you can expect to put into the bike to have the most importance repairs done.

2. Price the cost of title, tax and licensing fees

If you are buying from a reputable dealership, you generally do not have to worry about getting taken advantage of when title and licensed is concerned. If you are buying from a private seller, it is important to price the cost of tax, title, and licensing fees before you buy. You are legally required to transfer the title and registration within 10 to 30 days of buying a new vehicle, and this rule applies to recreational vehicles as well. By contacting the DMV and verifying the cost and status of the registration, you can find out if there are any parking titles or citations that you will be required to pay before registering the vehicle in your name.

3. Pricing the cost of insurance

You are required by law to insure your motorcycle with no less than liability coverage. The type of bike that you purchase and your age will play a major role in the cost of the insurance premiums. Insurance premiums are based on the engine displacement of the bike, the value, and whether or not the engine is turbo charged. If you buy a high performance bike, be prepared to pay high performance prices. If you only own one vehicle, you may find that adding a motorcycle to your policy will lower your auto insurance rates by qualifying you for a multi-car discount.

Buying used models can save you money, but be sure that you get what you pay for. Consider the added costs of owning a bike, and be smart before committing to a sales contract. Learn more about affordable insurance for San Diego motorcyclists or contact a professional and knowledgeable insurance agent directly at 619-272-2100 for a free quote.