Motorcycles will often depreciate much quicker than cars, so buying a second-hand bike can get you a low mileage model for a good price. However you should do some research before buying a motorcycle and you should always use a motorcycle bill of sale form to document the transaction.

The very first thing you should do before buying a bike is to check the market price for a comparable engine size and brand. You will then know straight away if the seller is asking a fair price. This can be done easily online using the NADA price guide.

Some other points you should ascertain for any motorcycle you are thinking of buying include whether the bike has ever been damaged. Have any modifications been made to the bike? Does it have a curerent registration? What’s the mileage like? Does it have a regular service history and can they document this? It is also a good idea to find out if any money is owed on the bike.

When you have come to a decision about a motorcycle and are ready to finalise the sale, you need to write down 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 vehicle identification number should also be recorded. Lastly, both the date of the sale and the price you paid need to be recorded and when all is complete both buyer and seller should sign the document.

It does not take long to complete a motorcycle bill of sale. It is required in most states as proof of ownership and will need to be presented before you can register the bike in your name. It is a straightforward thing to do to guarantee that the purchase of your new bike is lawful and problem free.