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Old 01-17-11, 11:28 AM   #1
cloudhead
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What precautions should I take when selling a bike?

Hi, I'm about to sell a like-new racing bike that didn't quite fit, and wondering what the procedure is that is normally taken when people come by to test-ride it. Do I hold onto their Drivers License, etc? One big irrational fear is someone who's never ridden a racing bike trying to test it and then crashing it...(as I almost did). Any tips to prevent any screw-ups are greatly appreciated.

Thank you,

Court

(apologies if this already exists on the forum, if anyone has a link, I'll gladly read it)
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Old 01-17-11, 11:43 AM   #2
531phile 
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Full asking amount in your hands B4 test ride. If they don't want to do this, move on to the next buyer. IDs can be forged easily and what could you do anyways with their personal info once the bike breaks when they crash?
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Old 01-17-11, 12:53 PM   #3
spock
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It's rare that someone who is buying a racing bike doesn't know what they are doing and more importantly make sure everything is in great shape as far as safety of the bike.
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Old 01-17-11, 03:35 PM   #4
nelson249
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Perhaps hold onto the driver's licence and keys? Another way to keep tabs is to ride with them on another (hopefully equally fast or faster) bike. Some dude tried to swipe a bike on a test ride from a friend of mine. He chased the thief down on his tricked out urban bike and crashed him into a curb. The crashed bike only had a scratch on it and I think the creep wound up with a fractured clavicle. Mind, this was pretty extreme.
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Old 01-18-11, 09:14 AM   #5
Billy Bones
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Quote:
Originally Posted by cloudhead View Post
. . .Do I hold onto their Drivers License, etc? . . .
Insist they drive to meet you at a public place. [This also assures you they're not casing the 'crib'.] As they put leg over top tube, be sure they see you set down a can of gasoline near their left rear tire. Oh, and be seen to jot down the tag number, make, model, and [if you've got the stones] VIN.

Too much?
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Old 01-18-11, 10:03 AM   #6
Fizzaly
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Really all ive ever done is cash in hand like stated above.
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Old 01-18-11, 02:38 PM   #7
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I've sold dozens of bikes (I refurbish them) and never had any sort of problem. I sell from my house and the customer normally arrives in a car.... If they want to ride the thing around the block that's fine with me.
Of course, most of my reconditioned junkers are going for under 200 bucks.
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