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Old 06-27-2012, 07:56 AM   #1
AndreaJ200
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When selling your bike on Craigslist...how to make arrangements?

I'm selling my bike on Craigslist and looking for suggestions on how to arrange meeting up, showing the bike, etc. Do you let the stranger test drive it? How about accepting payments - obviously cash is the best but next to that, what about checks or wire transfers? Do you get a copy their driver's license? What is normal protocol and do you have any tips to offer for getting through this process smartly? Thanks in advance!
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Old 06-27-2012, 07:58 AM   #2
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If they crash your bike on a test ride, is that a problem?
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Old 06-27-2012, 08:02 AM   #3
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Exactly! I have full coverage insurance...but not keen on the idea of risking it.
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Old 06-27-2012, 08:02 AM   #4
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Quote:
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Exactly! I have full coverage insurance...but not keen on the idea of risking it.
Then don't. Most dealerships don't let strangers test ride bikes
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Old 06-27-2012, 08:04 AM   #5
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If you have to ask, Craigslist may not be your best option. But if you do use craigslist, just use common sense. I would not let someone ride my bike unless i had cash in my hand. No payments, no checks or wire transfers or anything fishy. Common sense is your friend.
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Old 06-27-2012, 08:05 AM   #6
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No checks. If its in their account they can withdraw it and hand it over. I will let certain people test drive since the bike is covered anyway. I keep their car keys and wallet or passenger. Other need cash in my hand to test ride. NO WIRE. Again, if they have it they can pull it out. I don't like to meet at my house EVER. Too many peeps out to look at your and jack you later that night or the next day. This is very common. Dont meet anyone without back up or a weapon or both. Too often people are getting jacked at a meet. Dont list your phone number on CL. You will get calls at all hours of the night and they can research it too easily and get your address. Dont miss work or other important events to schedule a meet up. 60% will no show on you and you will get off. Make it a good time for you or move on to the next tire kicker. Repost it daily at about 10am. Most desk jockeys will be getting online around 10:30 daily and browsing CL. You want it at the top of the list. Good luck
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Old 06-27-2012, 08:06 AM   #7
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As a female don't let strangers come to your home, and meet at high traffic areas
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Old 06-27-2012, 08:07 AM   #8
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I need a like button for bluewave
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Old 06-27-2012, 08:09 AM   #9
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Quote:
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No checks. If its in their account they can withdraw it and hand it over. I will let certain people test drive since the bike is covered anyway. I keep their car keys and wallet or passenger. Other need cash in my hand to test ride. NO WIRE. Again, if they have it they can pull it out. I don't like to meet at my house EVER. Too many peeps out to look at your and jack you later that night or the next day. This is very common. Dont meet anyone without back up or a weapon or both. Too often people are getting jacked at a meet. Dont list your phone number on CL. You will get calls at all hours of the night and they can research it too easily and get your address. Dont miss work or other important events to schedule a meet up. 60% will no show on you and you will get off. Make it a good time for you or move on to the next tire kicker. Repost it daily at about 10am. Most desk jockeys will be getting online around 10:30 daily and browsing CL. You want it at the top of the list. Good luck
This is some good advice.

You don't need a copy of their license, but DL a good Bill of Sale, or get them to fill out their V-130U right in front of you and get a copy that has all their info on it. Then go to the DPS website, DL and fill out a notice of title transfer and mail it in immediately, this way if they go speeding through tolls, get parking tickets, etc, you won't be liable for that.

EDIT: Also make sure that on the bill of sale or whatever you choose, make sure it explicitly says that there is no no implied warranty or guarantee on the vehicle after the buyer leaves.
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Old 06-27-2012, 08:12 AM   #10
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i have sold many bikes on craigslist , my general rule of thumb is cash only or we can meet at their bike after they come look at the bike , if there is more than one person such as a husband and wife , the one person stays while they are on the test drive. also good rule is if you are meeting some one with a lot of cash to be exchanged good to not be alone . i have never had any crashing issues but you can check with your insurance company to verify if someone test driving is covered on your policy such as uninsured motorist coverage. i have heard a couple stories of people going for test drives and never coming back although i have never experienced this .you could put in your add no test drives without cash in hand to ensure you are covered sort of a deposit for a test drive . meet in a public place such as a grocery store parking lot if you do not feel comfortable at your own home .
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Old 06-27-2012, 08:15 AM   #11
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Expect that there will be a lot of tire kickers and low-ballers. It will be fairly time consuming to meet all of these people at a 3rd party location, but it may be worth it if the buyer sounds suspicious on the phone.

You could probably eliminate some of the BS by listing it at a fair price instead of listing in at a high number that factors in some negotiation. If the guy looks like a squid and has no cash, I probably wouldn't allow a demo ride.
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Old 06-27-2012, 08:16 AM   #12
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KEEP YOUR PLATES IF YOU DO SELL. This will ensure that they finish the registration steps and title transfer. Don't be one of the idiots that jacks the out of the price for the purpose of bringing it back down during negotiations. This is the reason many offer way less . They already know your price is high as and you are probably and idiot.

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Old 06-27-2012, 08:17 AM   #13
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i also keep the license plate, forces them to go register the bike in their name vs not.

no test rides till cash in hand.
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Old 06-27-2012, 08:17 AM   #14
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EDIT: Also make sure that on the bill of sale or whatever you choose, make sure it explicitly says that there is no no implied warranty or guarantee on the vehicle after the buyer leaves.
Keep it simple and just write "As is sale"
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Old 06-27-2012, 08:21 AM   #15
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What steps should I take when I sell my vehicle?

Keep your license plates and transfer them to your new vehicle.

When you keep your license plates, the buyer has to transfer the vehicle title and this helps to protect you.

When you take off the plates, the buyer will need a Vehicle Transit Permit to drive the vehicle to the county tax office to re-title the car or truck.

Provide the buyer with all the documents needed to transfer the title:

ĽA signed title
ĽA signed vehicle title application
ĽThe vehicle's latest registration receipt
ĽAny other supporting documents, such as a release of lien, power of attorney, etc.
Then, accompany the buyer to the county tax office to verify the buyer files a new vehicle title application under his/her name. If you sell or trade in your vehicle to a dealer, or if the buyer can't go to the tax office, you need to notify us of the sale by filing a vehicle vehicle transfer notification within 30 days of selling the vehicle.
www.txdmv.gov/vehicles/titles/faq.htm
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Old 06-27-2012, 08:22 AM   #16
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Another thing. If you meet in a parking lot, do it in view of cameras. If the spot designated does not have cameras, go elsewhere. Its not hard to find a Walmart. I fully trust that their security cameras are in good working order and have good quality images. This can deter jackers and punks
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Old 06-27-2012, 08:24 AM   #17
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Quote:
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Keep it simple and just write "As is sale"
"As is" does not disclaim express warranties you might say in describing the vehicle, such as "runs great" and then falls apart on the ride home. \
If a buyer can prove that, the seller might be liable.

Better to write as no express or implied warranty. "As is" doesn't hurt though.
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Old 06-27-2012, 08:27 AM   #18
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Quote:
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"As is" does not disclaim express warranties you might say in describing the vehicle, such as "runs great" and then falls apart on the ride home. \
If a buyer can prove that, the seller might be liable.

Better to write as no express or implied warranty. "As is" doesn't hurt though.
If "as is" is on the bill of sale, it will hold up in court. "Runs great" in an ad is acceptable puffery and does not imply a warranty
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Old 06-27-2012, 08:31 AM   #19
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i have never bought a bike from an individual that i did not give them cash, and would not sell a bike to anyone who did not hand me cash.
if i do not know them and their riding ability, no test ride, but I would demo it for them.
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Old 06-27-2012, 08:38 AM   #20
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Quote:
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If "as is" is on the bill of sale, it will hold up in court. "Runs great" in an ad is acceptable puffery and does not imply a warranty
Runs great might be a looser example.

"This bike will run for 10 more years." While meant to be a metaphor, could be taken literal by an idiot and could be viewed as an express warranty.

Why take the risk?
I'd rather take the risk of crashing a dirt bike, then going to court.
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