• Buying a Used Bike from Out of State

    Two Wheeler Insurance
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    The supply of two wheelers will never go down because the demand is always high. Two wheelers will never go out of fashion among youth and others because it is a part of their lifestyle and also their identity. The range of options that one can buy from, their appeal and endless features with its looks, make two wheelers or bikes the number one choice of transport.

    Nowadays, buying a new or used bike is easy because of the online platform, offline sellers, etc. If you are aspiring to buy a new bike go ahead. But if you are planning to buy a second-hand bike and if it is out of state, then probably you will need some checkpoints.

    Buying a second hand bike is risky for many reasons, you do not know the owner, bike history, usage by the owner, maintenance, documents, etc. But few tips and checklist in your pocket would help you make a clear decision if you are buying from out of state.

    Check list for Buying Two Wheeler Online

    • If you are buying bike from out of state, purchase it through a friend or an acquaintance who is familiar with the seller and the city. This will help you in getting a second opinion and in the buying process.
    • Do a thorough check of the bike to the ‘T’. From documents to engine parts, services, tyre change, mileage, number of Kms completed, type of usage by the seller, service record, model age, legal liabilities, loan records if any, Vehicle Identification Number, etc. ask as many questions as possible.
    • If you are satisfied with the condition of the bike and its documents, proceed with the sales and make sure you have all the documents transferred to your name and you have proper records.
    • Before signing the deed, read the document twice because once the ownership is transferred the seller will be free from all the responsibilities that are attached with the bike.
    • If the buyer does not have any insurance or the insurance is lapsed, then get an insurance immediately. If the owner has paid the premium for that year already then the policyholder can transfer the insurance into his/her name. But if the insurance has lapsed, you can either ask the seller to renew the insurance and transfer to your name or you can purchase a new insurance by submitting the new documents.
    • Once all the procedures are done, get the bike serviced or checked by a mechanic for any fixtures or repairs. This will help you in ensuring the bike stays in good condition in a long run.
    • The bike should not be more than 30 months old for transfer from one state to another.

    Documents required:

    • Submit an application for NOC for transfer of the bike with the local RTO where the bike was registered. You will also require to pay tax for the same. Once you get the NOC from the old RTO, you will have to submit the following documents to the same RTO for bike ownership transfer;
      • Form 29 and 30 should be filled and signed by both seller and buyer along with chassis print of the vehicle, 2 copies each.
      • An NOC by the bank is necessary if the vehicle has been bought on loan by the seller. This is to be submitted to the registering authority at the new RTO.
      • Registration Certificate, bike insurance, emission test document, tax receipts, ID and address proof of seller and buyer, 3 passport size photographs, etc. should be submitted.
    • Once the ownership is transferred and you bring the bike to your state, then you will have to re-register the bike with the RTO of that region by submitting NOC, bike ownership transfer documents, insurance transfer or fresh insurance document, tax receipt along with your ID and address proof.

    You can also buy a second-hand or used bike online with the help of various websites that offer you this service.

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