Post-Covid Motorcycle Trading
Bike SA|October 2020
Selling your motorcycle privately has both its dangers and its benefits. I have often suggested that you should partner with a trusted dealer and let them manage the trade-in and finance if applicable. However, there is a new business- or dealer-trend that is very worrying.
Craig Langton
Post-Covid Motorcycle Trading

Buying Advice - Fire It Up Motorcycles

Often, dealers will let you sell your bike on a ‘consignment’ basis or ‘park and sell’. A very worrying trend that customers are making me aware of is that once their bike has been sold or traded-in with a dealer the customer is not being paid or the bank settled. I have had 6 customers approach me for advice recently where they have found themselves in the following position:

1. Customers had left their motorcycles for sale on a well-known dealer’s floor and once their motorcycle had been sold and after 2 months of excuses and promises the dealer was still unable to pay the customer in full citing cash flow problems. They had even spoken to the new owners of the motorcycles who acknowledged that they had paid in full.

2. Customer traded-in his motorcycle with a reputable dealer on a new motorcycle, after some time he noticed that the motorcycle he had traded in had not been settled and the bank was still taking their instalments. When the customer contacted the dealer, it appears they did not have the cash flow to settle his bike and suggested that he either collect it or leave it on consignment to sell.

This story is from the October 2020 edition of Bike SA.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the October 2020 edition of Bike SA.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BIKE SAView All
A Ladies Perspective What a Surprise Kawasaki Ninja 1000SX
Bike SA

A Ladies Perspective What a Surprise Kawasaki Ninja 1000SX

I’m sure as everyone knows by now there is little that compares to my BMW K1200S and out of the 13 different bikes I’ve been lucky enough to ride over the 18 months I’ve been riding, I finally came across one that I’m almost certain I’d swap my bike for…

time-read
4 mins  |
June 2022
Goodwood's 79th Members Meeting - Hunting, Shooting and - Racing
Bike SA

Goodwood's 79th Members Meeting - Hunting, Shooting and - Racing

For that’s what marked the 79th Goodwood Members Meeting aka 79MM, held this year on April 9-10, which this time included two thrilling motorcycle races, each with a blanket finish which in Race 1 saw less than a second covering the first four bikes home.

time-read
10+ mins  |
June 2022
MIDWEIGHT PUNCH - TRIUMPH TIGER SPORT 660
Bike SA

MIDWEIGHT PUNCH - TRIUMPH TIGER SPORT 660

The Triumph brand seems to be going from strength to strength worldwide. New models are seeing the light of day in various sectors, and here in South Africa there is a carefully planned dealer expansion program in action.

time-read
7 mins  |
June 2022
NORTON ROTARY RACERS HISTORY - Rotary Race Record
Bike SA

NORTON ROTARY RACERS HISTORY - Rotary Race Record

For eight successive seasons the world’s first - and so far only - Rotary-engined racebikes swept to serial success on British racetracks. Here’s a timeline on their ebb and flow.

time-read
7 mins  |
June 2022
DRYSDALE HISTORY PART 4/5: 25 YEARS ON FROM CREATION OF FIRST 750-V8
Bike SA

DRYSDALE HISTORY PART 4/5: 25 YEARS ON FROM CREATION OF FIRST 750-V8

2002 1000-V8 Bruiser mega-Monster was a Naked roadster with added muscle - the answer to the question of how to out-max a Yamaha V-Max!

time-read
4 mins  |
June 2022
Unnecessarily Fast, or Unnecessarily Dangerous?
Bike SA

Unnecessarily Fast, or Unnecessarily Dangerous?

“The bigger they are, the harder they fall.” This truism comes from boxing, but applies to all walks of life. Innovative MotoGP superstar Marc Marquez, however, adds a new twist.

time-read
4 mins  |
May 2022
Bike SA

Wet Weather Riding

Wet roads can make you faster and smoother. They also open up a whole new world of riding possibilities.

time-read
10 mins  |
May 2022
Bike SA

The Perfect Surprise

Anniversary Getaway

time-read
10+ mins  |
May 2022
International Female Ride Day 7 May 2022
Bike SA

International Female Ride Day 7 May 2022

It is that time of the year again and the ladies are coming together to promote female riders and ladies in biking. This international event is celebrated globally and in SA we are not shy to participate. Last year’s event brought together about 300 ladies on various motorbikes and we are aiming for 400 participants this year.

time-read
2 mins  |
May 2022
MotoGP Springtime for Aprilia
Bike SA

MotoGP Springtime for Aprilia

Don’t ask me how that happened. Aprilia, I mean. From bottom of the class to the top of the podium, in one easy move. Well, perhaps not one … it’s actually taken seven years of dogged persistence in the face of serial humiliation. But it still seems to have elements of all-of-a-sudden.

time-read
3 mins  |
May 2022