So, you have finally made up your mind to sell your used bike to a potential and trusted choice of the buyer at the earliest. Quite easily, you will find a list of interested buyers to ask for your ideal conditioned second-hand motorcycle. But one important consideration that you should not forget while selling a used bike is the proper paperwork.
It might sound tedious in the first place to compile all the documents of your existing motorcycle and that too original set of papers. But think about it from the legal point of selling the bike instantly and avoid facing any legal trouble ahead. If you try to sell a second-hand bike without proper documentation, then surely you will face a legal hassle ahead. And no one will be responsible for that except you and not even the new buyer.
Therefore, it is a matter of crucial concern to have the compiled list of eight essential bike documents you need to arrange in the first place.
Eight crucial documents to prepare for selling a used bike
1. The original sale paper: At the time of buying your existing motorcycle back then, you must have received the original sale paper from the dealer or even directly from the two-wheeler manufacturer. That sale paper contains crucial information including the details of the bike, the price at that point in time, and more. So, at the time of selling your second-hand scooty or bike, it is essential on your part to recall that sale paper and offer the original paper to the interested buyer.
2. Registration certificate: Another important original condition of the document you require at the time of reselling the used two-wheeler is certainly the RC copy. As you already know, RC is imperative proof of owning a motorcycle in your name and contains all the relevant information about your bike. Therefore, you need to have the original copy of the registration certificate and hand it over to the buyer itself.
3. Transfer certificate: When selling your used two-wheeler to a new owner, you also need to transfer that vehicle to his new one. For doing this, you need to have a transfer certificate obtained from the vehicle authority. In this document, it is relevant to mention that as an existing owner, you have no issue in transferring the ownership of the motorcycle to a new person.
4. Insurance document: Next important document is the original insurance copy of the existing motorcycle or scooter. From the legal perspective, it is relevant to insure your vehicle for a certain amount and must provide its document to a new buyer.
5. PUC certificate: Keeping the pollution check is another imperative thing that you need to prepare in advance. As the name itself implies, do provide a PUC certificate original copy to a new buyer.
6. Release of liability: It is another document that a new buyer requires from your side to make sure no previous payment is left on the motorcycle. Again from the legal perspective, you must have paid all the bike dues well in advance and then sell the same to a new person.
7. Odometer disclosure statement: You can rectify from its name itself that odometer disclosure statement itself. This particular document has information showing the current reading of the odometer to maintain its authenticity. It is relevant that the document must be signed both by the seller and the buyer.
8. Service history records & booklet: Lastly, you need to have the original copy of the service history record along with the company's obtained service booklet. These two documents showcase the previous service record of the bike and the booklet for managing upcoming services.
Concluding Thoughts
Completing the detailed paperwork is a matter of crucial concern at the time of selling your used motorcycle. Make sure to compile the above-mentioned eight original documents of the used vehicle before checking the bike valuation online and finding a reliable buyer. Also, experience a hassle-free second-hand two-wheeler selling process at the Wheels of Trust (WOT) platform.
