A Beginner’s Guide To Motorcycle Consignment
Motorcycle consignment is a strategic option for selling your bike. Enjoy an optimized selling price without any of the selling process hassle. When you consign your motorcycle, you hand your unwanted bike over to a dealership and let them take care of the rest.
Keep reading to learn more about the perks and process of motorcycle consignment. If you have any questions or want to get the process started with your bike, contact Bartels' Harley-Davidson. We are based in Marina Del Rey, California, and also proudly serve those in Malibu and Santa Monica.
What Is Motorcycle Consignment?
Motorcycle consignment is a selling approach where you maintain ownership of the model, but let a motorcycle dealership handle the specifics. The dealership will be responsible for all the nitty gritty details, from setting the model's price to negotiating with potential customers. It drastically frees up your time and energy while still giving you a hefty check once the model sells.
The Many Advantages Of Motorcycle Consignment
More and more folks are offloading their unwanted bike through motorcycle consignment—and for good reason. There are plenty of perks to this selling approach.
Avoid The Hassle Of The Selling Process
Selling a motorcycle is a tedious and time consuming process. Delegate the tasks to an expert dealership and you can avoid:
- Needing to take and post pictures to market the model
- Doing market research to determine a price point
- Chatting with various potential buyers
- Navigating the negotiation process
- Handling the selling paperwork
Offloading all these chores can be enough reason to choose motorcycle consignment. The busier your schedule, the more you will want to consider this approach.
Harness The Power Of The Motorcycle Dealership's Reputation
An established motorcycle dealer already has a network of potential customers. Plus, it already has distinguished itself as a trusted seller. The end result? A skyrocketed chance of finding a buyer for your bike.
Harness The Power Of The Motorcycle Dealership's Selling Experience
Dealers spend all day selling motorcycles. They are perfectly positioned to be expertly skilled at moving your motorcycle quickly while also getting the best price.
Understanding The Motorcycle Consignment Process
The exact process will depend on the specific model and dealership. Take the time to fully understand the consignment agreement.
Be sure you know:
- The length of time that the dealership is willing to keep the model. They only have so much space to store inventory, after all. They may need to place a limit on how long they'll hold onto your bike while they wait for it to sell.
- The percentage of the selling price that you get. You will get a great chunk of change for providing the merchandise. But the dealership will also take a cut due to the responsibilities related to storing the model, fixing it up as needed, marketing it, showing it to prospective customers, and so on.
- Whether the percentage changes with time. For example, it might be a 50/50 split for the first 90 days. Then it might shift to a 40/60 split.
Preparing For Motorcycle Consignment
Before you contact a dealership about consigning your motorcycle, you will want to get your model in tip top shape. Give it a thorough cleaning and make it shine!
It's also wise to undergo a thorough inspection. You don't want a minor repair issue to take a big chunk out of the potential asking price. Be sure to undercover any possible issues and get those repaired before you take it to a motorcycle dealership.
Ready to start your motorcycle consignment process? Reach out to Bartels' Harley-Davidson. We move inventory fast and see customers on a daily basis seeking a motorcycle. We are confident that we can get you a fair price within an efficient amount of time. Don't hesitate to contact us with questions if you want more information. Our dealership is located in Marina Del Rey, California. We also proudly serve those in Malibu and Santa Monica.