Thread: how to properly sell a bike
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#1 how to properly sell a bike
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- Henan,Luoyang
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06-04-2019, 06:14 AMSo it's possible the time has come...
time to let go of the old and look forward to better (bigger?) things :)
What is the process to legally transfer a bike as the seller?
... make sure it is out of my name and I'm not responsible for whatever the next guy does with it.
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#2 Re: how to properly sell a bike
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#3 Re: how to properly sell a bike
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- Dec 2016
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- Henan,Luoyang
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06-08-2019, 12:00 AMoh, well.
I would think fundamental stuff like this would be in a faq or something, but I didn't find it.
If I missed it somewhere, I'm happy to hear where it's already parked.
If we're not using this forum for nuts-and-bolts process stuff anymore, what do people use? Expatriates stackexchange?
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#4 Re: how to properly sell a bike06-11-2019, 04:52 AM
It depends on the day of the week and color of the bike.
I always gave the buyer the documents that came with the bike and a bill of sale clearly stating the mileage on the bike and the details of the sale. I then added a statement:
The Motorcycle is being sold on an "AS IS" basis and the Seller explicitly disclaims all warranties, whether expressed or implied, including but not limited to, any warranty as to the condition of the Motorcycle. However, the Seller's above warranty disclaimer does not, in any way, affect the terms of any applicable warranties from the manufacturer of the Motorcycle. The Buyer has been given the opportunity to inspect the Motorcycle, the Buyer has accepted the motorcycle in existing condition. The buyer assumes all responsibilities and liabilities as of YYYY/MM/DD. I always put their name and ID number (passport/ID card). Had them sign it and red fingerprint it. Gave them one copy and kept another copy for myself.
As you can see, the forum is pretty much dead.
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#5 Re: how to properly sell a bike
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- Henan,Luoyang
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06-11-2019, 09:27 AMThanks for your reply :-)
If I learn any more I'll add some information. But, yeah, I might also look for another place to build up a library of basic stuff that everyone needs.
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#6 Re: how to properly sell a bike07-01-2019, 12:58 AM
The thing is that there are so many variables that there's generally no one specific answer to your question OP.
There are some areas in TIC where a second hand/used sales tax still has to be paid but not in other parts of the middle kingdo0m as an example. The tax is payable based on a % of the agreed sale price and has to be paid prior to the actual transfer at the Traffic PSB (second hand sales tax invoice required when completing said bike transfer). However, this may differ depending on local laws etc.
Generally speaking, the best bet would be that the buyer and seller both present to the Traffic PSB where the bike has been plated/registered and handle the transfer there. Great local language skills and a healthy dose of tolerance, perseverance and humour might be also needed on the day.
Expect to provide all the bike related documents for the transfer including appropriate PRC Drivers license for both buyer and seller, or at least have the same handy just in case. Passports also and the ubiquitous PSB residency slip of paper proving place of residence.
Some locations will require removal and forfeiture of the exisiting license plate on the motorcycle (under sellers name) and the buyer will be provided a new plate to be attached to the motorcycle. Some locations/jurisdictions require a bike inspection prior to the transfer from seller to new owner while others will require this as part of the transition from previous to new owner after some parts of the process are completed.
Insurances (CTPI) might be transferable from existing owner to new owner in some jurisdictions or not, as the case may be.
So generally it is easier and likely wiser to have the buyer and seller with the bike front up to the Traffic PSB where bike registration is held.
In the event that the buyer is from out of province then all the documentation related to the original registration etc will be provided in a large officially sealed envelope which the buyer would need to take to the relevant Traffic PSB in the their jurisdiction to the complete relevant bike registration in their locale. The envelope has to remain sealed and any evidence of tampering will void the contents at the receiving Traffic PSB. There are some special caveats to this e.g. Shanghai and Beijing have special local laws and regulations on vehicles first registered out of province.
I've sold several bikes and bought one out of province, and have found by experience that there are some variations as noted. Take every official document and receipt relevant to the bike vehicle and parties concerned, it's also worthwhile to have several photocopies of the same.
Good luck.
Last edited by bikerdoc; 07-02-2019 at 12:31 AM.
Learn the rules like a pro, so you can break them like an artist
- Pablo Picasso
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#7 Re: how to properly sell a bike07-02-2019, 01:06 PM
Hi Dennis
Since you have been away from China ?
A new law has came into force.
Now With a bike or car plated in Shandong province can now have that car or bike inspected when needed in any other province.
Which should of been the case years ago.
Just keeping you up to speed with shit back in China"Arguing on the Internet is like running in the Special Olympics, even if you win you're still retarded"
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#8 Re: how to properly sell a bike
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07-04-2019, 08:20 PMThanks so much for all the information.
Yes, this is the kind of thing I need to learn. For sure it can always vary, but I hope to learn what the core outcomes are -
such as taking the green book to the PSB with buyer and seller.
Really I have no idea because I haven't done it and I don't know anyone that has done it.
Maybe in the future we can come up with a list of what each party must have at then end of the process -
(just like we might say that when you register a new bike you want the big green book, the little blue book, and the plate - wherever you are)
Then there is a clear target to aim for.Last edited by mmj; 07-04-2019 at 08:22 PM. Reason: clarification
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