How much does it cost to legalize a motorcycle from an auction? What are the necessary expenses? Is it possible to legalize a vehicle that was auctioned for less than a thousand reais, or does it cost more than that? What documents for these vehicles need to be updated? Is it worth buying a motorcycle from an auction?
Auctions have gone from being something to be wary of to a great opportunity for those seeking a quality vehicle . Whether it's a utility vehicle, a motorcycle, or even a large pickup truck, the reality is that we can buy vehicles in excellent condition for a good price.
However, even though auctions are becoming more common, especially digital auctions that became popular during the pandemic, many still have questions about the motorcycle registration process. What documents do I need to have up to date? How much does the entire registration process cost? That's what we'll cover today.
In today's article, we'll tell you in detail the processes and costs involved in legally registering a motorcycle from an auction. So, if you want to know how much it costs to legalize a motorcycle from an auction , follow us to the end of the article to find out more details on the subject. Let's go, read along!
What are the regularization processes?
To find out how much it costs to legalize a motorcycle from an auction , let's go into the details of each process. Therefore, follow along in this reading to understand the real cost involved in acquiring your motorcycle from such an event. Read on:
Buy the motorcycle at auction
The first step, obviously, is to attend the physical or digital auction and purchase your motorcycle. In summary, the steps to buying a motorcycle at auction are as follows:
- Enter the auction;
- Register online if the auction is online;
- Wait for the bidding to start;
- Bid as far as you think is financially viable;
- If your bid was the last, the bike is yours;
- Follow the procedures mentioned to remove the vehicle;
- There, the bike is yours.
After that, you'll need to meet with the auction management team and transfer the funds to the responsible person's bank account. They'll immediately give you the notarized transfer document, and you'll just need to go to the notary's office to transfer the funds into your name.
How much does it cost to regularize an auction motorcycle: visit the notary's office
So, the next step is to go to the nearest notary's office with the relevant document. It's as if you were going with the person selling you the vehicle, except the auction staff has already taken care of the process, signing and notarizing it.
Now, with this paper in hand, all you have to do is sign it in front of the attendant who will authenticate the document, that is, acknowledge your signature. This process costs around R$7,00 to R$10,00, depending largely on the notary fees in your current state.
Vehicle inspection
Before going to the dispatcher and after going to the notary's office, you'll go for a vehicle inspection. This means you'll need to pay between R$150,00 and R$200,00 (depending on your state) to receive the vehicle inspection document, certifying that the car is in good condition for transfer.
How much does it cost to regularize an auctioned motorcycle? Dispatcher!
Finally, you go to the registration office to finalize the paperwork for your motorcycle. This is when the vehicle is officially transferred to your name, with the document being printed and placed in that classic cover that comes with the logo of the registration office you visited.
The motorcycle must be free of any outstanding fines, otherwise, you'll need to pay them to complete the process. The transfer service at the dispatcher costs around R$250,00.
How much does it cost to regularize an auction motorcycle?
So, how much does it cost to legalize an auctioned motorcycle? Adding up the notary's office, inspection, and finalization with the customs broker, it costs somewhere between R$407,00 and R$460,00 (the amounts we mentioned), not counting the cost of paying fines and, of course, the amount you paid for the auction. See you next time!
