Research
Check out for classified ads and magazines to make sure you have an idea of the price of the bike you intend to buy. With the price in mind, visit different auction platforms and compare the prices they offer for the same motorcycle. Keep comparing prices until you arrive at the best possible price for your vehicle. That said, things may not always be straightforward - because the damage types on motorcycles listed in a salvage auction site’s inventory tend to vary.
Terms & Conditions
Make sure you understand the auction platform’s operating terms and conditions beforehand. Look for online auction platforms that ask for a nominal security deposit and a free account for starters. While you can always upgrade to a premium account for enjoying the wider range of benefits, a free account plus a minimal deposit fee should generally help you get started without any hassles.
Physical Inspection
Ensure you visit the auction site and inspect the motorcycle before you start bidding. If possible, hire a professional and have them inspect the motorcycle on your behalf. Their professional insights can help you gain an overview of the restoration expenses that are involved, allowing you to better understand the budget you’d have to allocate towards bidding and restoration.
Budget
Bidders stand the risk of getting carried away. Know the limit beyond which you can’t afford to spend and always account for the restoration expenses and put it aside before you allocate budget for bidding. It is also advisable to stay away from bidding wars as they stand the chance to run you dry, leaving little to no budget for shipping and restoration.
Lastly
Choosing a credible salvage auto auction platform can go a long way in making the whole experience of buying salvage cheap motorcycles for sale a hassle-free task. Look for aspects such as the size of the inventory, ease of bidding, and shipping solutions before making the final call.