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Security - Advice for Buyers |
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Common Sense Advice for Buyers
Buying a motorcycle you find online is a lot like buying a motorcycle through a
classified ad in the newspaper. Use the same good judgment on Buy a Used
Motorcycle. Whether you're communicating with the seller over the phone or via
the Internet, the following tips can help you protect yourself against fraud so
you can buy with confidence.
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Inspect the motorcycle. Schedule an inspection with a professional
mechanic. Though an inspection isn't a warranty and there is no guarantee that
all existing defects will be found, a qualified mechanic can help you identify
and avoid problems.
Know the motorcycle's market value. Be suspicious if you see a motorcycle
that is priced significantly below market value. This can be an indicator of
fraudulent activity.
Confirm contact information. Before you send payment, verify the seller's
address and phone number. An email address is not enough. If the seller's
address does not match the one on the title, be sure you know why.
Be particularly wary if the buyer is located overseas.
We suggest you keep all your transactions local and face to face.
Get a detailed receipt. Ask the seller for a detailed receipt that
states whether the motorcycle is being sold with a warranty or "as is." Know
what's required in your state to transfer the motorcycle's title from seller to
buyer.
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Consider reliable escrow services. For additional security, you may
choose to use a dependable escrow service. Shop carefully — there are an
increasing number of fake escrow services. Don't turn your money over until
you've fully checked the service out. And be sure you understand all terms of
the escrow arrangement. As previously mentioned, Buy a Used Motorcycle does not
endorse any escrow services.
As in all consumer transactions, there is no substitute
for a healthy skepticism and your own good judgment. Remember, if a deal seems
too good to be true, it probably is.
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| Protect Yourself |
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Common Sense Advice for Sellers |
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