Calculate Value of Used Bike

There is a very large market for used two-wheelers in India. Anyone who looks to buy a used two-wheeler always tries to get the bike evaluated to ensure there are not many technical problems. This apart, the transfer of documents is also crucial. Finding a platform that not just helps you to find a good vehicle, but also helps evaluate its value while ensuring the transaction is safe, proves to be a blessing!

BeepKart is one such platform where buying and selling old two-wheelers is an easy task. Take a look at this article to know more about how this is done and also to learn about the handy tools such as the bike resale value calculator tool available on BeepKart.

Brand and resale value

The brand of the scooter or the bike plays a crucial role in its value. A high-end, imported bike will cost more. Similarly, the make and the model number, along with the age of the vehicle, play important roles in determining the second hand bike valuation. A bike that has travelled a lot will fetch a lower value than a sparsely used bike. This is simply because the usage of the bike affects its longevity and this plays a role in its value.

The online old bike price calculator tool available on BeepKart takes these inputs from you and then instantly calculates the price you can expect when selling the bike. Check the resale value of a bike to get a fair estimate of the used bike valuation and this helps you in the sale process.

How to calculate used bike valuation?

It is very easy to check the used bike value. To do this, all you have to do is visit BeepKart and use the old bike valuation calculator. Enter the following details:

  • The brand of the bike
  • The make and model number
  • The age of the bike
  • The kilometres travelled

Once you enter this information into the online used bike valuation calculator available on BeepKart, you will quickly get to see the 2nd hand bike value. Ensure the values are entered carefully and correctly, as an error at this step can lead to an error in the results and you won't get to see the proper value of your bike.

Factors to consider while evaluating a bike

Before you buy a used bike, you need to factor in certain aspects of the vehicle and run a thorough examination. Here are some pointers for you:

  • Check the body of the bike

    Start off by checking the body of the bike for scratches, dents or other bodily damages. Once that is done, proceed to the used bike valuation of the other parts of the vehicle.

  • Check the engine and the gear of the bike

    To check the engine condition, you can check the sound of the engine when you start it, especially in the morning after it has been stagnant for a while. The cold starting indicates the battery and the ignition condition of the bike very easily.

    Also, look for smoke from the engine. If there is white or black smoke from revving, the engine needs rework. If the engine is in good health, there would be no smoke coming from the same engine, especially a four-stroke bike.

    Also, it is a good idea to insert your index finger into the silencer pipe to check for oil leakage. If you do not find anything amiss, the bike would be a good vehicle to have. Also, you can check the level of engine oils.

  • Take it for a test ride

    It is essential for you to take the bike for a test ride. Only when you ride the bike will you get a proper understanding of how well it performs. Check for any unusual sound or vibration when you ride it to understand the condition of the bike. Do not hold back from this when buying a used bike.

  • Check the documents

    And last but not the least, check the documents of the bike. Ensure they are in order. Also, you need to make sure that there are no pending legal cases associated with the bike and the insurance premium is paid too. Be very meticulous when checking the documents as this is a very crucial step.

Everything you need to know before evaluating a used bike valuation

People mostly opt for used bikes to get them at the price of their choice, as pre-used bikes are cheaper than newer ones. However, when buying such a vehicle, you need to run a used bike valuation process to ensure there are not many mechanical, technical or even legal issues involved with the bike.

This is why it is advantageous to get the bike from a platform such as BeepKart. The used bikes available on BeepKart are refurbished. This ensures the bike is repaired and in completely usable condition. In fact, BeepKart offers a 1-year warranty on all the bikes as well along with 3 free services. Thus, you do not have to worry about faults and flaws and can make a safe and valuable purchase, even when buying a second-hand bike or scooter. Then, the company also offers help with documentation and this proves to be an added benefit.

FAQs

  1. What is Used bike valuation?

    Used bike valuation is the process of finding used bike price at present time at a given place. With Beepkart users can easily check used bike prices just by selecting make, model, year, trim and KMs driven. The Used bike valuation depends on various factors such as current condition, year of purchase etc. Valuation of Used bike cannot have a correct price tag; it will always be a fair range of price. A bike starts depreciating its value once it moves out of the showroom and with time it depreciates almost half of its original price. The owner of the bike also does not have a clear understanding of its fair valuation.

  2. How do I find the value of my Used bike?

    You can simply fill an online form on Beepkart website with a detailed category of vehicle, make, model, trim, year and KMs driven to check used bike price in just one click.

  3. How Used bike price impacts the insurance of my bike?

    Just like the way, insurance for a new and Used bike will differ, because of the condition and valuation of the bike. Similarly, the Used bike valuation will indicate real-time worth of the bike. The more the valuation, the insurance coverage will be better and vice-versa.

  4. Is buying Used bike is a good idea? Are second-hand bikes worth it?

    Yes, of course. Buying a Used bike is a great idea. It fulfils the dream of owning a bike and saves your pocket from burning. Just like new, you will get several options of second-hand bikes at Beepkart. You can surely check its condition, history, price, and loan availability beforehand and then think of buying it.

  5. How frequently Used bike price gets updated?

    Used bike prices get updated on a day-to-day or hour-to-hour basis. You will get real-time valuation of any Second-hand bikes as the input changes. The more you use, the KMs driven number will increase and simultaneously the condition of the bike and its valuation will decrease. So, the valuation of a single bike can show something in the morning and vary in the evening.

  6. Do I have to register on Beepkart to check my Used bike price?

    No, there is no need to register. You can simply visit beepkart.com, to put the details of your bike and you will get the estimated bike resale value, along with basic bike condition. You may need to put your phone number to get a more detailed report

  7. What makes Beepkart the best Used bike valuation tool?

    Beepkart is an AI driven pricing engine that uses 21st century data science, to provide Used bike price of any Used vehicle under 10 seconds and that too for free. Users can simply access this website and check Used bike valuation by entering the details required. It has already been trusted by more than 50+ million people across the globe.

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India's Most Trusted Place To Buy & Sell Used Bikes Online

Want to find great deals to buy or sell second-hand bikes? For buyers, this is a superb opportunity to avoid the risk in dealing with local unverified sellers.Instead, they can buy high-quality bikes refurbished to as good as new, with 3 free at-home services. What’s more? You have assured buyback and even an option to return the bike in 3 days - if you don’t absolutely love it!

BeepKart, with its digital-first approach, is here to transform the process of buying a second-hand two wheeler. You can now afford your dream two-wheeler and buy it easily from the comfort of your home.

Buying & Selling Used Bikes Through BeepKart

BeepKart removes the stress in buying or selling a used two-wheeler. Its online process makes the experience easy and enjoyable.

For Buying Used Bikes:

Buy a value-for-money used bike with the confidence and joy of buying a new bike.

  • First, visit https://beepkart.com/buy-used-bikes and find your ideal bike from the curated collection of finest value-for-money refurbished bikes.
  • Take a test drive of your chosen two-wheeler at our yard. Home test-drive option is also available.
  • The final step is to pay for your bike when you’re 100% satisfied.
  • Document transfer will be taken care of by us.
  • Enjoy the ride back home on your very own two-wheeler.

For Selling Bikes:

From the comfort of your home sell your bike at a good price and for instant payment. Never worry about legal hassles that are common when selling in the unorganized market.

  • First, submit the details of your bike at the link here - https://beepkart.com/bikes/sell-bike.
  • A BeepKart executive will call you. If our best price offer is acceptable to you then our executive will visit you for a quick vehicle inspection at your home.
  • If the vehicle and documents are satisfactory, we will transfer 100% of the money into your bank account within 5 minutes and take delivery of your used vehicle.

Why Buy Used Bikes From BeepKart?

A better experience than even buying a new two-wheeler

  • The bikes are procured from verified sellers and refurbished by experts to make them as good as new.
  • The two-wheelers are certified and an RTO background check is done.
  • Unlimited test rides are provided for your satisfaction.
  • 3 free at-home services in a year for your comfort and confidence.
  • 3-day return policy in case you didn’t love your bike.
  • Assured buyback option.

Why Sell Your Used Bikes On BeepKart?

Selling bikes on BeepKart is an easy and stress-free process.

  • From the comfort of your home you can easily sell your bike to BeepKart at a good price, get 100% payment in 5 minutes and be assured of document transfer.
  • Avoid the stressful effort in visiting multiple unorganized dealers or trying to find and negotiate with a friend who wants to buy a bike.
  • You will not get a good price in exchange schemes at authorized dealers. They want to sell you a new two-wheeler but are not interested in buying your used two-wheeler.
  • Selling to unorganized dealers can result in legal hassles, including police station visits at a later date. They will not issue you proper documentation and may not even transfer the legal ownership to the new unverified user of your bike.

Frequently Asked Questions

By sellers

1. Does BeepKart buy bikes that are registered outside Karnataka?

No, we currently do not accept two-wheelers which are not registered in Karnataka. However, this option will be available in the future.

2. Is it possible to sell a bike through BeepKart if there is an unpaid loan on the vehicle?

No, we do not purchase bikes on which there is any pending loan

If there was a loan earlier and has now been fully paid, we would require a valid No Objection Certificate (NOC) from the bank before buying the bike from you.

By buyers

1. What is the time duration for document transfer once the bike is booked?

After you buy the bike from us, it takes approximately 60 RTO working days to get the Registration Certificate (RC) transferred to the new owner’s name. BeepKart manages the transfer of RC so that you can relax.

2. Once the payment is made, what is the estimated delivery time for the bike to be delivered?

The bike is delivered immediately after the full payment for the bike is made.