Selling a motorcycle, couple logistical questions.

[fitz19d]

Selling my first bike. For a cash in hand seller plan was meet at a bank and they can verify cash and I sign it over or whatever.

But what's that process look like. I have the title, then there's somewhere on the title for transfering or is there another form of some type? Plus generic bill of sale from the internet printed off?

The plate is registered thru october. Is there any big reason I would not want to just let them have the plate for them to re-register it? I suppose I could keep it if we get the wife something other than her 125 but then the hope was shes selling the 125 for a real bike so we'd still have a plate.

[Irving]

If they get into a wreck with your plate, the other person usually ends up notifying YOUR insurance. Same with any traffic violations, toll roads, etc.

[fitz19d]

I hate that I'm trying to justify keeping the bike even though I have no "real" use. Already have a much faster big street bike for a commute. This would be more fun in town at slower speeds riding with the wife once she gets her endorsement etc perhaps. Doesn't specialize and do anything unique like a dirt bike.....

Just such a gorgeous bike, wish they'd make a ninja1000 version (this is a ninja 650 on a cruiser)

[Bailey Guns]

You're making this a lot harder than you need to. You don't need to meet at a bank...unless there's a lien on the bike. Then it might be handy.

Otherwise, take cash, sign title (pretty self-explanatory) and give to buyer, give bill of sale to buyer, give keys to buyer. Take your plates off. If you get another bike you can transfer them to your new bike for a small credit if they aren't yet expired. The plates are yours and should not go to the buyer.

[ray1970]

Pretty much no difference between selling a car or a bike so if you've sold a car the bike works the same way.

As previously mentioned, keep your plates. I actually knew a guy that sold his bike and let the buyer take the plates. The new owner must have loved being able to take E470 for months at my buddy's expense.

[fitz19d]

Always done vehicles thru a dealership, all.... 1 trade in I've done in my life? Some of us hold onto cars and are young enough to have not had to do it much.

@Bailey. Yes it's a got a payment on it. Bought it used in october before moving up to a liter bike in short order. I was going to get the title cleared up before the sale. Meeting at a bank is so I don't end up with counterfeits etc, nice public place etc. Don't want to screw with money orders and other things that have even more risk.

But question answered yes keep my plates since I guess nothing making them change the registration over right away.

[SideShow Bob]

You're making this a lot harder than you need to. You don't need to meet at a bank...unless there's a lien on the bike. Then it might be handy.

Otherwise, take cash, sign title (pretty self-explanatory) and give to buyer, give bill of sale to buyer, give keys to buyer. Take your plates off. If you get another bike you can transfer them to your new bike for a small credit if they aren't yet expired. The plates are yours and should not go to the buyer.

Um, isn’t a notary stamp still required on private vehicle sales, on the title ? So, a bank or Notery would be required. And a bank to verify currency of the buyer, especially of large bills. Heck, any bills, people are passing $20 bills of funny money at garage sales for cheap items and getting real money in change.

[nogaroheli]

Um, isn’t a notary stamp still required on private vehicle sales, on the title ? So, a bank or Notery would be required. And a bank to verify currency of the buyer, especially of large bills. Heck, any bills, people are passing $20 bills of funny money at garage sales for cheap items and getting real money in change.

I haven’t ever had a title notarized. I’ve never heard of that being a requirement.

[SideShow Bob]

Must be a requirement in KS. I was living there the last time I sold a vehicle to a private party and not a trade in to a dealer.

[Bailey Guns]

No...no notary required. Just seller(s) signature(s).