Hey everyone,

Just bought a truck and I'm selling my first baby.

My question is how have you guys gone about letting people test ride the bike?

It's still insured under my insurance, but it doesn't cover damage by the rider.

My ideas are ...

- They must have valid motorcycle license
- Proof of insurance
- They will sign a contract that I will make up, regarding damage to the bike or anything they hit

What have you done in the past and what other advice could you give me, Thanks.

BTW I will return one day, and a Honda is my first choice.

 

make sure you have cash in hand when they ride it. also let it be known, if they drop it, they bought it

 

usually if they have a valid drivers license i dont mind, that much as long as they have cash in hand. Other wise i tell them to follow me, or i give them a ride.

 

+1... more specifically THEIR cash in YOUR hand (while they're riding it)

 

Ahhh I'm planning to upgrade to an RR soon. The other thread asking about the price and this is like a sign for me to sell. =/

Just do what everyone's saying. Have cash in hand and let her go. M1 is a must. It would be hard for them to have proof of insurance because that would just be too complicated.

How much are you selling her for?

 

asking 4200, but it will probably go down to like 3500 or 3750

 

sad to see you go, but yeah man CASH in HAND! that pretty much takes care of most of it right there. Having them sign a written agreement about that couldn't hurt either. And of course an M class license.

 

Test-rides are a tricky business. YOU set the terms & stick to them. If they don't like it, they can shop elsewhere. Recommendations...

* As mentioned, get their cash in your hand.

* Have them sign a Bill of Sale. Forget that other "contract" stuff you mentioned. Simply have them sign a BOS w/ all their info on it, that you'll pull from their license (obviously, verify they have their M1). A BOS is a legal document on its own. Explain to them that if they damage it in *any* way, they've bought it...no excuses. This process instills in them a more careful attitude. Tell them after they come back w/ the bike in the same condition it left, you'll tear it up.

Lastly, sorry you're giving it up. Good luck.

 

ah I wouldn't actually sign a bill of sale and hand over cash for a test drive. That leaves them quite unprotected. But thats just me - it would certainly cover you 110%.

But either way good luck.

 

Who in their right mind would sign a bill of sale before they are sure they want to buy the bike? That is the dumbest thing I've heard. Get the cash in your hand and their license, thats it. Even if they have insurance it might as well be used as toilet paper because they arent insured on your bike.