Anyone want to start a list on how not to buy? I've got a lot of examples from selling my old FZR to pick up the strom. NEVER selling a sport bike again, I can't handle the stupid.
First guy was "unsure" as I had "modded" it. I moved the bars forward a bit as I'm a taller guy.
2nd guy test rode. It was dark when he saw it, set up a time the next day so he could see it during daylight and make an offer. I showed 5 minutes early, waited for 20 minutes. Texted him to find out where he was.. "in the city" I don't live in the city.. "there's another one for sale for $1200" - then I suppose you'd better buy that one before it's gone, have a nice life.
3rd guy was cool. 30ish year old guy that was burnt on buying a previous project bike. Mine was all sorted, ready to go. He decided against buying another bike, shame.
4th guy was 21. Wrote me pleading that I take lower than I was really looking to get. I settled with a price if he picked up that evening. That turned into the following Saturday as he had to get the money together. Fine, I need it gone at this point.
4th guy purchased it Saturday at 615pm. He showed up with his father, rode it round the parking lot and liked it well enough. loaded into truck and off they went, I walked my way home. The following day, Sunday, cop shows up asking about the bike. Turns out the kid decided to take it for a joy ride. He put some other plate on it and was caught by a cop passing illegally. Busted for evasion 3rd degree, unlicenced, unregistered, wreckless driving, possession of mary-j, not cooperating with officer along with a slew of other stuff. He was in jail till the 14th, about 17 days.
Sadly, I don't think that bike is ever seeing the light of day again. I took good care of it and was hoping the next owner would as well.
Sorry for the long story, I think it's an interesting view of the other side of the fence. I tend to hate selling stuff as it is, I don't like having to bargain with people and always undervalue what I have.
These area the sales that can get legally sticky. When I sell a bike I immediately go on line and report the sale date and price.
Years ago I sold a pristine 2001 BMW 1150GS to a guy in Seattle. It was a clean sale. He showed up, handed me the cash, loaded it up and drove home. I went on line to the Washington DOL and reported the sale. About a year later he called asking me to update the sales date to a couple of days earlier. He had neglected to title it in his own name and had been riding it ever since, plus there is a penalty in Washington state for not titling a recently purchased vehicle within a set period, I believe about 2 weeks. I of course told him no, that I had reported the sale the same day. Plus I was not ready to assume any legal liability for something he had done since the sale in this lawsuit happy state. It is called "deep pockets". If an aggrieved party cannot get the desired compensation from the primary they can go back up the line, in this case, the previous AND STILL REGISTERED OWNER.
In a similar situation I sold a Triumph Speedmaster to a lady who I know rode it for about six months. I had both a state bill of sale plus reported the sale the same day. Over a year later she called from Florida to tell me she had lost the title and had never put it in her name, asking if I could get a duplicate. When I went to the DOL they told me they could only issue one in my name since it was still registered to me and it would have to be dated the current date, meaning, anything that happened during that time with the bike, such as running over a person, could blow back at me. A friend told me he had had the bike in his garage in Washington for nearly a year so I shouldn't be concerned. I got the dupe title and sent it to her with a report of sale that date and retained all of the records for legal protection.
Moral of the story is to immediately report the sale to have some liability protection and GET A RECEIPT FROM YOUR DOL either in person or on line. I learned in Washington that someone can still come after you but the report will be protection in a lawsuit.