We’re here to help you make an informed decision when buying a motorcycle. No one likes surprises, so we emphasize transparency. We require sellers to provide accurate and detailed information for every approved listing. Each listing includes essential details like title information, videos, photos, descriptions, and VIN reports, all supplied by the seller.
While our team thoroughly reviews each submission, we strongly encourage you to conduct your own evaluation as part of your due diligence before placing a bid. Remember, every bid is binding.
Here’s how to make the most of the listing:
– Carefully review all the details provided.
– Pay attention to any disclosed issues.
– Check out the motorcyclebuys.com VIN report.
– Review the vehicle inspection report (if available).
– Look at recent maintenance records, photos, and videos.
– Consider additional details, such as whether the listing is in our “clapped-out project bike” section.
If you have any questions about the motorcycle, scooter, or motobilia piece, use the comments section, Seller Q&A, or the “Contact” feature to reach out to the seller.
To ensure a smooth transaction, make sure you’re prepared before placing a bid. Here’s what you need to do:
1. Get Financing in Order:
We’ve partnered with lenders to make financing quick and easy. You can review rates, calculate payments, and apply for a loan. If you plan to finance your purchase, get pre-approved ahead of time. Remember, some lenders may require specific vehicle details and could have restrictions on the vehicle’s year and mileage.
2. Arrange Insurance:
If you’re using financing, you’ll need insurance. Click [here](link) to get a quick and easy insurance quote.
3. Payment Options:
If you’re not using financing, discuss payment methods with the seller. They may accept:
– Cashier’s Check
– Wire Transfer
– PayPal or similar online payment platforms
– Cryptocurrency
– Cash
By getting everything organized in advance, you’ll be ready to bid confidently and complete your purchase smoothly.
Bidding with us is simple and straightforward. Here’s how it works:
Placing a Bid: When you place a bid, we’ll place a hold on your credit card for the 6% buyer’s premium. If you win the auction, this amount will be charged to your card, and you’ll pay the seller directly for the motorcycle or motobilia. If you don’t win, the hold will be released once the auction ends.
Binding Bids: Every bid you place is binding, so only bid if you’re fully committed to the purchase and have done your due diligence.
Dynamic Close Process: To keep the bidding process fair, we use a dynamic close system. If a bid is placed within the final minute of the auction, the remaining time will reset to 90 seconds, allowing others a chance to bid.
By understanding these steps, you can bid confidently and enjoy a smooth auction experience.
To purchase a motorcycle or piece of motobilia, you must win the auction by being the highest bidder. Here’s how it works:
Reserve Auctions: If the auction has a “Reserve,” you’ll need to place a bid that meets or exceeds the reserve price. The highest bid that meets the reserve wins the auction.
No Reserve Auction: If there’s “No Reserve,” the highest bid wins, regardless of the amount.
Once the auction closes, we’ll provide you with a step-by-step checklist to guide you through completing your purchase. You’ll also receive the seller’s contact information (and they’ll receive yours) to finalize the details and logistics.
Please note, buyers are required to pay in full within seven (7) days of the auction closing. [Terms and Conditions].
If the seller’s reserve is not met but the highest bid is close, our team at motorcyclebuys.com will step in. We’ll contact both the seller and the highest bidder within 24 hours of the auction closing to negotiate a potential sale.
If the high bidder agrees to the seller’s terms, we’ll update the listing to reflect the agreed “Subject-To” sale price.