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How to buy a motorcycle at auction? What are the steps that must be followed to be able to purchase a motorcycle that is being auctioned? Is it worth buying a motorcycle that is being advertised at auction or is it money wasted? What is the real cost of an auction motorcycle taking into account regularization costs?
The value of vehicles has dropped considerably in recent months. After an unbridled rise driven by the lack of materials in the automaker industry, the market is getting back on track, whether willingly or not, still with remnants of the rise. Much of this can be seen in cars, which now cost a little more than in the past.
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Popular cars in the range of 60 thousand reais are no longer something to be surprised at, in fact, they have become the standard to be found between 0km. The same goes for motorcycles, which are now priced between 10-20 thousand, while used ones are below that. To give you an idea, a simple Biz is worth the same price from a 150 fan 2014.
Despite this madness of prices, it is still possible to find affordable prices even on motorcycles whose models tend to be more expensive: we are talking about auctions. In today's content, we will explain to you how to buy a motorcycle at auction in a simplified way. So, if you want to know more about the subject, read with us, let's go!
How to buy a motorcycle at auction?
In the end, how to buy a motorcycle at auction? Before we even provide more information about safety and other conclusions about the purchase of the motorcycle, we will answer your question directly. In reality, buying a motorcycle at auction is very simple, and we answer below with the same guide as the content on buying motorcycles at auction. Look:
- Enter the auction;
- Make your registration online, if the auction is online;
- Wait for the bids to start;
- Place your bid as far as you think is financially valid;
- If your bid was the last one, the bike is yours;
- Follow the procedures mentioned for removing the vehicle;
- Okay, the bike is yours.
That's it, nothing more and nothing less. Remember to make sure your internet connection is good, to avoid network delay issues from hindering your bids. In addition, always try to act in a thoughtful way, and not on impulse, as this is not a game, but a negotiation.
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But what are we trying to say with this? Well, if you have 90k to give on a property, that means your max bid is 90k. If someone has made a higher bid, stop here, don't insist on raising just for the sake of winning: be rational and not emotional, avoid losing money you don't have.
Also, remember that once you have finalized the product, be it a property, a motorcycle, a car or any other item, it is your legal obligation to comply with the purchase. That way, there's no going back, since you took the opportunity from someone else who would buy, just on impulse, as mentioned above.
Are online auctions safe?
Now that you know how to buy a motorcycle auction, we can then move on to additional information on the topic. After all, are online auctions safe? Is it worth it to stop buying a motorcycle at a physical auction and buy it online? In the vast majority of cases, thinking about practicality, yes, it is worth it.
Online auctions, as long as they are certified, are extremely safe. This is the case of auctions carried out by financial institutions and federal institutions. When finance companies retain a motorcycle that has not been paid for in full, they put it up for auction as a way of being compensated for the default they took.
The vast majority of these auctions are digital, especially after the pandemic. Practicality and ease of participation are the main characteristics of these digital events. So, we highly recommend that you also choose these auctions, to make your life easier when buying your motorcycle.
This was our guide on how to buy a motorcycle at auction. We hope that you are able to complete your purchase in a healthy manner and that you are able to get all vehicle documents up to date. If you still have questions about the matter, comment below and we will respond as soon as possible. To the next!
