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Do You Need A Motorcycle Bill Of Sale?

It’s not unusual for motorcycles to devalue much quicker than cars, so purchasing a bike second hand can get you a near new model for a good price. You do need to do your homework before purchasing a motorcycle and it is recommended that you use a motorcycle bill of sale form to document the transaction.

One of the first things you need to do before buying a motorcycle is to investigate the market price for a comparable engine size and brand. You will then know right away whether the bike is worth looking into further. This can be done quickly online using the NADA price guide.

Other things you should ascertain for any bike you are thinking of purchasing include whether the bike has ever been involved in an accident. Have any modifications been made to the bike? Is the registration valid? Has it covered a lot of miles? Does it have a service history and can they prove this? It is also a good idea to find out if any money is owed on the motorcycle.

When you have decided upon a bike and are ready to complete the sale, you should record the following pieces of information on your motorcycle bill of sale form. It is suggested to include both your own name as well as the sellers. The make and model of the bike as well as the VIN should also be recorded. Finally, include both the price paid and the date of the sale and when all is complete both buyer and seller should sign the form.

A motorcycle bill of sale form can be filled-in in about a minute. Nearly all states will require you to provide it before registration can occur. It provides peace of mind and will protect you from any disputes that may occur over the sale of the bike.

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Max Keller is an avid biker and businessman. He runs a website providing professional www.motorcyclebillofsale.org">motorcycle bill of sale forms that provide motorcycle buyers with security and peace of mind. For more information on www.motorcyclebillofsale.org">motorcycle bill of sale forms, please see www.motorcyclebillofsale.org"> www.MotorcycleBillOfSale.org

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