5 Tips for Safely Participating in Used Motorcycle Auctions

5 Tips for Safely Participating in Used Motorcycle Auctions

Even at IBID auction houses, there’s a condition report based on an inspection by professional and experienced inspectors. So you can easily and accurately determine the condition of the used motorcycle you’re interested in.

There may still be some people who aren’t aware that they can now buy used motorcycles at auction houses—as an alternative to purchasing from private sellers or used motorcycle dealerships. Not only is it safer, but there are also many other benefits to be gained.

One of them is getting a lower price. Used motorcycles are sold “as-is,” so there are no underhanded tricks to hide their flaws.

Even at IBID auction houses, there’s a condition report based on an inspection by professional and experienced inspectors. So you can easily and accurately determine the condition of the used motorcycle you’re interested in.

However, buying a used motorcycle at an auction house also comes with its share of challenges. These include the inability to take a test drive and the possibility that the vehicle registration (STNK) or vehicle tax may be expired. To make the process safer, here are five tips for buying a used motorcycle at an auction house.

1. Check Market Prices

Since they’re sold at auction, used motorcycles tend to start at lower prices. These prices will rise as bidders place their offers.

To estimate the final price, research market prices for motorcycles of the same model and year. You can check online marketplaces or used motorcycle showrooms.

2. Source of the Used Motorcycle

It’s also crucial to find out the origin or history of the used motorcycle you’re interested in. Don’t end up buying a used motorcycle without complete documentation. Since unregistered vehicles make it difficult to process ownership transfers or resell them.

At IBID, most used motorcycles are consigned by individuals or companies. Read: The Origins of Used Motorcycles Auctioned at IBID.

3. Review the Inspection Report

You must inspect the physical condition of the used motorcycle to avoid buying a pig in a poke. At IBID, you can view the inspection report online.

The areas inspected include the body, engine, frame, and mechanical components. If you want to inspect the unit in person, you can attend the Open House at the unit’s location before the auction date.

Although you can’t take a test drive, you’re still allowed to start the motorcycle and check for any unusual noises or sounds from the engine, exhaust, and other motorcycle components

4. Check the Vehicle Documents

In addition to the motorcycle’s components, also verify the completeness and authenticity of the used motorcycle’s documents, such as the STNK and BPKB. Make sure the frame number and engine number match. If the motorcycle comes from a company, ask for the Certificate of Release of Rights (SPH).

5. Choose a Trusted Auction House

Make sure the auction house you choose is official and registered with the Directorate General of State Assets of the Indonesian Ministry of Finance (DJKN), such as IBID. Therefore, avoid participating in auctions on social media that promise an instant win, as these are likely scams.

Read also: Be Careful: Here Are the Signs of Auction Scams

Those are five tips for safely participating in used motorcycle auctions. As an auction house, IBID will continue to innovate, create new opportunities, and provide the best service for both consignors and bidders.

IBID is a subsidiary of PT Serasi Autoraya (SERA), which is also part of the Astra Group that regularly holds auctions for automobiles, electronics, scrap, heavy equipment, gadgets, and lifestyle items.

IBID is also registered with and supervised by the Directorate General of State Assets (DJKN) and is ISO 27001 and ISO 9001 certified. IBID has auction branches in 10 major cities across Indonesia.

To experience the ease of buying and selling used cars at IBID, try the process yourself via the website www.ibid.astra.co.id or the app available on the Play Store and App Store.

Currently, the categories of auction items at IBID are increasingly diverse, including real estate. So, whether you’re a seller or a buyer, you can feel safer and more comfortable.

Don’t forget to follow IBID’s official social media account on Instagram @ibid_balailelangserasi to get the latest auction updates and other interesting tips.

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