From the ArcaMax Publishing, Automotive Newsletter:
http://www.arcamax.com/news/automotive/s-560091-486238
Auctions can be very rewarding places to look for motorcycles,
particularly if you're after good value. But do not make the mistake
of thinking that going this route will be easy and effortless.
Auctions do not always guarantee you'll find what you're looking for
or even get a bike that fits your preference and budget. You could,
however, make sure that you increase the chances you'll drive a good
unit home by using these tips:
Have a clear idea about your specs - Before you head out to an auction
lot or go online, make sure you know the type of motorcycle that's the
right fit for you. Auctions can be quite confusing especially to a
beginner and the array of available motorcycles can easily overwhelm
you. If you do not know what you really want in a motorcycle
beforehand, it will be very easy to become overwhelmed.
Remember, too, that there is a huge difference between what you want
and what you need. Try to compromise if you want the best of both
worlds in terms of style, power, price and utility. Remember that what
you are looking for is value. The better your perspective is, the more
likely you'll find what you're looking for.
Get as much information as you can - Most auction lots provide a
catalogue prior to the auction date. Get one of these. When buying
motorcycles from auctions, you'll find a catalogue very valuable in
helping you make informed decisions prior to purchase. If you'll be
participating in an online auction, you will also find information
about available units on the website.
If you have your eyes set on a particular make, brand or model, do
your research first. It would help you a great deal if you know what
to expect from an available bike about to be auctioned in terms of
quality, performance and safety.
Inspect the motorcycle personally U- nless you know and trust the
owner/operator of the auction lot, it's recommended that you inspect
the unit yourself. There's a good chance that you probably won't be
able to test-drive the bike, so checking the motorcycle yourself is
the next best thing.
In most cases, an auction will require you to pre-register as one of
the bidders. You will then be given enough time to inspect the units
prior to the actual bidding. If you have little experience or know-how
regarding bikes, bring someone who does with you. Your friendly
mechanic, for example, will save you time, effort and money later.
Put a cap on your budget - When you really, really want something, or
at least think that you do, you could get carried away just to ensure
you make the winning bid. Before you know it, you could be paying more
for a motorcycle than you ought to or worse, you could even end up
with a bid price you can ill afford. Remember there are other costs
associated with purchasing a motorcycle from auction lots, such as
taxes, fees and other charges.
When participating at motorcycle auctions, decide on your maximum bid
price, keeping in mind the extra costs you will have to pay for.
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For more information on how to find the best Motorcycles
For Sale or tips for buying motorcycles at motorcycle auctions,
visit ChopperFanatic.com.