Is it a Good Idea to Buy a Second-Hand Bike? Certainly Yes

22 Aug, 2022 - Written by Aplify

Is it a Good Idea to Buy a Second-Hand Bike? Certainly Yes

India is one of the world's biggest markets for two-wheelers. With time, there is an ever-increasing need for both buying and selling used bikes. The two-wheelers are far more readily available and accessible than purchasing a new bike.

Imagine receiving a used bike that functions properly and is completely comparable to a brand-new bike while just paying half as much! Isn't this incredible?

For the user, purchasing a used motorcycle has many advantages. The main benefit is that it helps you save a lot of money. Other important benefits of purchasing a used bike are:

Benefits of Purchasing a Used Bike

  • Lower Cost - The main advantage of buying a used bike is that it is significantly more cost-effective than a new bike. The price difference might range from 50% to more in certain instances.
  • Lower Insurance Premium - The market value of the vehicle is used to determine insurance prices. As a result, a used bike whose depreciation has already passed will likely have a significantly lower premium. As a result, insurance for used bikes has lower premiums than insurance for new bikes.
  • Value at Resale - After five years have passed since a vehicle's purchase, its depreciation rate starts to decline. Therefore, selling it again to the other party will provide you with almost the same amount of money.

If you are planning to buy a used bike, Aplify app is the best choice to find the bike of your choice at an affordable price through our verified users.

Download our app now to find amazing used bikes!

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