However, purchasing a used motorbike requires some extra attention to ensure you get a good deal. Here are some tips on what to look for when buying a used motorbike:
Check the bike’s history
The first thing to do when considering buying a used motorbike is to check its history. This means looking at its previous owners, any accidents it has been involved in, and whether it has ever been stolen. You can check this information using the bike’s registration number or Vehicle Identification Number (VIN) and a reputable history check service. This will give you an idea of the bike’s overall condition and whether it is worth the asking price.
Inspect the bike’s bodywork
Once you have checked the bike’s history, you should inspect its bodywork. Look for any scratches, dents, or other damage. If the bike has been involved in an accident, there may be visible signs of damage, such as cracked or broken fairings. Also, check for any signs of rust, particularly around the exhaust and suspension components.
Check the tyres
The condition of the tyres is a crucial factor when considering what to check when buying a used motorbike. Check the tread depth and look for any signs of uneven wear, such as flat spots or cupping andalso, check the age of the tyres. Even if the tread depth is good, tyres that are more than five years old may need to be replaced soon.
At Finance One, we offer personal loans to those with bad credit history.
So, even if you’ve had some financial difficulties in the past, you can still apply for a loan to buy a used motorbike in Australia.
Apply Online NowCheck the brakes
Test ride the bike
Before buying a used motorbike, always test-ride it to get a feel for its performance. This will allow you to check for any issues with the bike’s handling, such as wobbles or vibrations, and ensure that it is comfortable for you to ride. During the test ride, listen for any unusual noises or rattles, which could be a sign of a problem.
Other tips for when you buy a used motorbike in Australia
In addition to these tips on what to look for when buying a used motorbike, it’s also essential to check the bike’s service history. Ask the seller for any maintenance records and check when the bike was last serviced. This will give you an idea of how well the bike has been maintained and whether any major repairs have been carried out.
Another thing to consider is the seller. If you’re buying from a private seller, ask about their experience with the bike and why they’re selling it. If you’re buying from a dealer, make sure they have a good reputation and that the bike comes with a warranty.
Finally, make sure to negotiate the price. Used motorbikes can often be sold at a lower price than the asking price, so don’t be afraid to haggle. Do your research beforehand to find out how much similar bikes are selling for in your area.
Get the financing you need to buy a used motorbike at Finance One
Looking to purchase a high-performance motorbike without breaking the bank? A personal loan from Finance One can provide you with the funds you need to buy a used motorbike.
Used motorbikes can offer great value for money but if you don’t have the cash up-front, a personal loan can be a good option. At Finance One, we offer personal loans to those with bad credit history. So, even if you’ve had some financial difficulties in the past, you can still apply for a loan to buy a used motorbike in Australia.
Our customer support team is always available to answer any questions you may have and provide you with the assistance you need. If you’re interested in buying a used motorbike, consider financing a motorbike with Finance One.
Apply Online NowNormal lending criteria apply. Fees and charges are payable. Terms and conditions apply.
Finance One means:
Fin One Pty Ltd – ABN: 80 139 719 903
Australian Credit Licence: 387528
Disclaimer: The information above is of a general nature only and does not consider your personal objectives, financial situation or particular needs. You should consider seeking independent advice regarding your legal, financial, taxation or other needs, to check how the information relates to your particular circumstances. We do not accept responsibility for any loss arising from the use of, or reliance on, the information. All loan applications are subject to normal lending criteria. Fees and charges payable. Terms and conditions apply.
