Is Your Old Two-Wheeler Worth Exchanging? How to Assess Its Value

Does your two wheeler stay more inside than you ride it outside? If you have nodded in yes, then we can confirm that it is time to let it go! But, you should investigate deeply and assess your two wheeler better. And while you are at assessing, try to asses things like its value, its condition, and other factors. We know that this might seem too heavy but worry not, we are here to help you with all of that today. 

With our simple guide, you can decide if your old bike is worth trading and if you finalise the same, where and how to get its best bike and scooter exchange offer

  1. Understand Why You’re Considering an Exchange

Before you start figuring out the value, you need to be clear on why you want to make a deal. Here are some common reasons:

  • Frequent Repairs: Does your two-wheeler break down more often? The cost of fixing it up might be higher than the benefits of keeping it.
  • Fuel Efficiency Issues: Older models might not provide the mileage they used to.
  • Safety Concerns: When it comes to safety, newer models usually have better safety features, such as ABS, better brakes, and better lighting systems.
  • Upgraded Needs: Maybe you need a stronger engine or more current features like Bluetooth and GPS help.

Figuring out why you want to trade in your two-wheeler will help you decide if it’s the right thing to do.

  1. Evaluate the Physical Condition of Your Two-Wheeler

How much discount you are going to get on your used bike exchange depends a lot on how good of shape it is. Look out for these things:

Engine and Its Performance

  • Is it easy to start the engine?
  • Are there any strange sounds while you’re riding?
  • Make sure you can see signs of wear and tear, like oil leaks.

Body Condition

  • Check the body for rust, scratches or dents.
  • Check out the mirrors, seat and other parts.

Tyres and Brakes

  • Are the tyres worn out?
  • Do the brakes work well, or do they need to be replaced?

Mileage

  • A two-wheeler with low mileage and regular servicing will fetch a better value.

Keeping your bike in good shape not only raises its value when you want to sell it, but it also makes the exchange process go more smoothly.

  1. Check the Age of Your Two-Wheeler 

Another important factor is age. Depending on how often they are used and how well they are taken care of, most two-wheelers lose a lot of value after five to seven years. 

Your motorcycle may not be worth as much if it’s older than this, but that doesn’t mean it’s useless. Some sites and dealers may offer good deals on used bikes because they specialise in them.

  1. Assess the Market Demand

Because there is more desire for them, some models and brands keep their value better. Hero MotoCorp is one example of a well-known brand that people like because their bikes are reliable and can be sold for a profit. Find out about the type of your two-wheeler online to see how much it’s worth on the used market. You may:

  • Look through online markets for ads that are similar.
  • Ask dealers in your area if they’re interested in your type.
  1. Gather the Necessary Documentation

Make sure all of your two-wheeler’s information is in order to get the best deal. Among these are:

  • Record of Registration (RC): The original RC is needed for the process to go smoothly.
  • Insurance Papers: Having insurance can make your bike worth more.
  • Pollution Under Control (PUC) Certificate: You must have a valid PUC license.
  • Service Records: A record of regular repair can show that your two wheeler is in good shape.

Having all the paperwork ready for possible buyers or dealers shows that you’ve taken good care of the motorcycle.

  1. Use Online Valuation Tools

These days, technology has made it much easier to guess how much your old two-wheeler is worth. Some online platforms, like Wheels of Trust by Hero MotoCorp, let you get a quick and free appraisal based on things like

  • Brand
  • Model
  • Year of manufacture
  • Location
  • Current condition

You can get a rough idea of the price in seconds and then decide if you want to go through with the trade.

  1. Timing is Key

The value can also change based on when you trade. As an example:

  • Festive Seasons: Dealers often run promotions and offer better exchange deals during festivals.
  • Launch of New Models: If a new model of your two-wheeler is launched, the old model’s value might drop.

Plan your trade well to get the most out of it.

Is It Worth It?

It can be a good idea to trade in your old two-wheeler if you do it the right way. You can make sure you get the best deal by looking at the item’s state, researching the market, gathering the necessary paperwork, and comparing offers. 

Don’t forget that services like Wheels of Trust can help make the process easier and more fun. If you want to get a new two-wheeler, start looking at your old one right now!


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