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Tata Capital > Blog > Loan for Vehicle > Buying a second-hand bike this year? Here are the things you should keep in mind

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Buying a second-hand bike this year? Here are the things you should keep in mind

Buying a second-hand bike this year? Here are the things you should keep in mind

Buying a used two-wheeler can be a great option for those who are looking for a cost-effective solution. With a large number of options available, it can be easy to buy a used bike that meets your needs and fits your budget. However, it's important to keep several key factors in mind when making a purchase, as there can be some challenges and risks associated with buying a used bike.

Pros and Cons of Buying a Used Bike

Cost savings:

Second-hand bike prices for a popular model such as the Honda CBR250R can be up to 50% less than its brand-new counterpart, making it a great option for people who want to own a bike without breaking the bank.
History of damage or repair: The bike may have a history of damage or repair, which could impact its performance. For example, if the previous owner was involved in an accident, the frame may have been damaged, which could impact the bike's handling and stability.
Avoiding rapid depreciation: A brand-new bike can lose up to 20% of its value in the first year of ownership, whereas a used bike may have already gone through this initial depreciation.No warranty: If the bike's engine fails, the cost of repairing it could be much higher without a warranty in place.

Things to Check Before Buying a Used Bike

When buying used bikes, it is important to inspect the bike thoroughly. Here are some things to consider:

Check the frame for any cracks or damage. This will give one an idea of the overall condition of the bike and whether it has been taken care of. For example, if one finds a crack in the frame, this could indicate that the bike has been involved in a serious accident and may not be safe to ride.

Check the condition of the tires and brakes. One must ensure the tires have adequate tread and the brakes are functioning properly. If the tires are worn down, and the brakes are not working well, this could indicate that the bike has not been maintained and may require expensive repairs soon.

Check the chain and gears for smooth operation. A well-maintained chain and gears are essential for smooth and efficient riding. If the chain is rusty or the gears are not shifting smoothly, this could indicate that maintenance is lacking and may require repairs.

Take the bike for a test ride to see how it performs. This will give a feel for the bike's handling and acceleration, as well as any issues that may need to be addressed. For example, if the bike feels heavy or slow, this could indicate that the engine is not performing well and may need repairs.

Check for any leaks in the engine or suspension. Leaks can indicate a more serious problem, so it's important to address them before buying a used two-wheeler. For example, if one notices oil leaks, this could indicate that the engine is damaged and may require costly repairs.

What factors influence second-hand bike prices?

The second-hand bike price can vary greatly depending on several factors, such as the make and model, age, condition, and location. Generally, older bikes will be priced lower than newer models as the value of a bike decreases over time. However, if a used bike has been well-maintained, it may still be in good condition and command a higher price.

Additionally, the location of the bike can also impact the price. Bikes located in larger cities or high-demand areas may be priced higher due to increased demand.

It's also worth considering the cost of any repairs or upgrades that may be necessary. While a used bike may initially seem like a good deal, it's important to factor in the cost of any necessary repairs or upgrades, such as a new chain, brakes or tires, when determining the overall price.

When buying a used bike, it's important to research and do a comparison of the prices of similar bikes. This will help a buyer get an idea of what the fair price for the bike would be and allow them to make a more informed decision when making the purchase.

Additionally, one may be able to negotiate the second-hand bike price with the seller, especially if one can point out any issues or necessary repairs that need to be made. By being informed about the typical prices of used bikes, the buyer can ensure that they are getting good value for their money when purchasing a second-hand bike.


In conclusion, buying a second-hand bike can be a great option for those who are looking for a cost-effective solution. However, it's important to weigh the pros and cons and inspect the bike thoroughly before purchasing. By taking the time to check the frame, tires, brakes, chain and gears, engine, and suspension, one can ensure that one is making a wise investment in a used bike. Additionally, taking the bike for a test ride can help them to determine if the bike is in good condition and if it will meet their riding needs.

For those who need financing to purchase a second-hand bike, Tata Capital offers flexible and affordable two-wheeler loans so that one can afford the motorcycle of their choice. The benefits of a Tata Capital vehicle loan include quick disbursal, competitive interest rates, and the option to choose from various repayment tenures. By taking advantage of the vehicle loan offered by Tata Capital, one can easily buy used bikes and enjoy rides without worrying about the financial burden.

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