Motorcycles will often devalue a lot quicker than automobiles do, so purchasing a second-hand bike can get you a near new model for a bargain price. However you should do some research before purchasing a motorcycle and it is recommended that you use a motorcycle bill of sale form to record the transaction.

One of the first things you need to do before buying a motorcycle is to investigate the market price for a comparable engine size and brand. This will tell you straight away whether the bike is worth following up. The NADA guide is a quick and easy way to check this.

Other things you should ascertain for any bike you are considering of purchasing include whether the bike has ever been involved in an accident. Has the owner made any modifications on the bike? Is the registration valid? What’s the mileage like? Has it been routinely serviced and maintained? It is also a good idea to find out if any money is still owing on the motorcycle.

When you have come to a decision about a bike and are ready to finalise the sale, you should write down the following details on your motorcycle bill of sale form. It is important to include both your own name as well as the sellers. The make and model of the bike as well as the vehicle identification number should also be recorded. Lastly, both the date of the sale and the price you paid need to be noted and when agreed upon both buyer and seller must sign the document.

A motorcycle bill of sale form can be completed in about a minute. Nearly all states will ask you to provide it before you can register your motorcycle. It provides security and will protect you from any disputes that may occur over the sale of the bike.

For more information on motorcycle bill of sale forms, please see http://www.MotorcycleBillOfSale.org