In this article, we will cover the main points that should be considered when buying a motorcycle at auction.
What should I know before buying a motorcycle at auction?
Before participating in a motorcycle auction, it is essential to know exactly what you are looking for. Do some research and decide which model, brand and year of motorcycle interests you most.
In addition, it is important to be aware that vehicles sold at auctions are generally used or in special situations, such as vehicles seized by authorities or with accidents.
Best Motorcycle Auctions Today
Here is a list of reliable auctions in Brazil based on ALEIBRAS:
1. Federal Revenue Auction.
2. Auctions Brazil.
3. VIP Auctions.
4. Sodré Santoro.
5. Sancar Leilões.
6. Freitas auctioneer.
7. Milan Leilões.
8. Flex Auctions.
These auction sites are considered reliable and can be chosen as safe options for participating in auctions.
Is it legal to buy a motorcycle at auction?
Yes, it is completely legal to buy a motorcycle at auction. Auctioned vehicles are regularized and documentation is transferred to the new owner, just like in a traditional purchase.
However, it is important to check whether the auction is carried out by a reputable institution and whether the document provided is legally valid.
Why are auction motorcycles cheaper?
Auction bikes tend to be cheaper compared to the conventional market due to several factors.
Vehicles are often sold for prices below market value due to their condition, previous accidents or the former owner’s urgent need to sell them.
In addition, auctions generally offer a large number of motorcycles available, which increases competition and, consequently, reduces the final price of the product.
What happens to the debts when the vehicle goes to auction?
When a motorcycle goes to auction, existing debts (such as fines, IPVA and licensing) are disconnected from the vehicle and become the responsibility of the former owner.
Thus, the buyer acquires the vehicle free of these pending issues, assuming only responsibility for paying obligations from the date of purchase.
How do I buy a motorcycle at auction?
To buy a motorcycle at auction, you must participate in an in-person auction event or place bids online in virtual auctions.
Before that, you need to register on the website or institution responsible for the auction and check the rules and conditions of purchase.
On the day of the auction, it is important to pay attention to the lots, carry out a detailed inspection of the motorcycle you are interested in and define the maximum amount you are willing to pay.
Who can’t buy at auction?
Some buyer profiles are not able to participate in auctions. They are:
- people with legal restrictions,
- such as being under judicial guardianship,
- bankrupt or in the process of bankruptcy,
- public servants responsible for supervising or managing auctions,
- among other specific cases that can be defined by the auction organization.
Read also | Federal Revenue Vehicle Auction
Participating in a motorcycle auction can be an excellent opportunity to purchase a vehicle at more affordable prices.
However, it is important to be aware of the particularities of this type of purchase and follow some strategies to ensure a good deal.
Before participating in an auction, it is essential to research, define what you are looking for, know the rules and, above all, have a clear idea of the maximum amount you are willing to pay.
This way, you can take advantage of every opportunity and get an excellent deal when purchasing your motorcycle.