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TL;DR Inherited a motorcycle. Have to sell it. No prior experience with motorcycles. Looking for advice on selling as well as what I should do to prepare for the sale. What to look for in terms of additions.

Hi!

I'll try to keep this short. My father passed away and left behind, among other possessions, a motorcycle. As much as I would love to keep it and learn to ride due to uncontrollable circumstances I have to sell it. I've looked at the kelley blue book and another site I can't remember the name of to get a decent estimate. I was going to list it as such, but realized I didn't know the mileage. I went to start the bike and realized it would probably be dead. I plan to get my father's friends to start it and see if it needs a new battery.

While I was out there I noticed that there were what appeared to be addons (or whatever the lingo is) such as Givi saddle bags, two brothers racing mufflers, and a magellan GPS. I also found a helmet with bluetooth capability and some riding leathers. Sadly, me and my dad weren't as close as I wish we were so I don't know much of anything about his bike or what he has done to it. I also have no idea about motorcycles at all.

So I guess what I would like to know is what do I look for that may have been added that could increase the value? Is there anything that you as a buyer would expect of me that I don't know about? I've never sold a vehicle so any advice would be appreciated! Lastly, if asked would you allow test rides? If so, what precautions would you make to ensure he doesn't just drive it home? Keep in mind that the insurance is either almost out or is already expired.

Thanks for reading and I look forward to all of your advice.


Extra info: 2005 Suzuki DL1000 Vstrom. No visible damage. needs a battery. I have pictures if needed.
 

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No free rides. Proof of Motorcycle license and the money (cash in hand) or no ride. If the prospective buyer drops it or damages it, it's theirs.
 

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I'll try to keep this short.
Me too.

It needs to be in good running condition before you try to sell it.
Maybe those who help get it running will help with selling it too.

If you just want to get it DONE, ask around at a few shops.
If one of them will buy it, there will be a lot less hassle.......but you will take a hit on price.

Also having the title transferred into someone else's name first would make the sale much easier.
 

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If you plan on letting prospective buyers test ride the bike then you need to make sure you have insurance on the bike. I would also have the potential buyer sign a waver stating that if they damage the bike, then they will pay all expenses in repairing the bike.
 

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Unfortunately, added accessories don't really bring much more money to a bike, which is why someone who's seeking to get what they can should sell the added accessories separate. The blue book value is the stock value and doesn't include added accessories.

You have several options to sell. You can explain the circumstances of the bike and sell "as-is" at a lower value or you can make attempts to get her running, clean her up, replace parts if needed, then ask your price. If the money isn't needed for debt, I would choose the first option. Otherwise, make attempts to get her looking good for sale.

I would NEVER allow anyone to test ride it without cash in hand and a signed receipt, regardless if they have a cycle endorsement. Forget the waiver idea because taking them to court is a PITA especially when someone is refusing to pay.

If you're looking to get the most money, educate yourself on the bike so a potential buyer cannot blow smoke up your ass with false info in hopes of talking you down.

Good luck
 

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New here as well but I've sold a bike or two and just gave it to a reputable dealer in the area...they take their 10% typically and do all the right things to get it gone for you! Good luck with the sale and condolences on the loss of your Dad.
 

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The price you will get depends on the channel through which you're selling. I would suggest you to go for some reputed online auction house where they can help you with selling the motorcycle. Many online auction houses nowadays have specialists who can test your motorcycle and give you inputs on how you should sell it to get the maximum profit. Also, if your dad has added any accessory to the bike, simply remove them and sell them separately to get more value. Not many people are fond of customized bikes as they would prefer to get it customized themselves.
 
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