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Motorbike delivery insurance fees... help.

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Have bought a bike through thaivisa classified ads. An MT-70 from Chiang Mai which the seller said he would include delivery. I then got an e-mail from the logistics company as follows :-

Your thoughts please as i've never heard of this.

Dear client,
We wish to bring to your knowledge concerning the delivery. We are done with all the documents but we want to seek your notice about your insurance fees which is 50 000 bt. This insurance is been asked by Thai insurance department. This policy states that foreigners have to insure and guarantee their property before or after engaging in business.
This document will be asked upon or along the delivery at any check point of check up. We have been notified by the ministry of transport that the bike needs an insurance. This a new insurance policy that has been implemented by the new Law governing the Kingdom.
We the RSA, knows that the bike has an insurance and we made it clear to the Ministry but the new Thai law states that two foreign parties dealing within the Kingdom in terms of Business must abide to this insurance policy.
The RSA, has come to compromise about this policy to get a refundable insurance fee which states that,
-The Buyer shall make payment of 50,000bt which is a refundable fee upon delivery of the bike and documents.
-This refundable insurance will be documented and shown to customs on check points in other for ease transportation of the bike.
-The insurance will be shown to the customs letting them know that we are heading to Bangkok to get a new insurance for the bike. But we just doing this to bypass the custom meanwhile your 50,000bt will be refunded to you upon delivery and signing of the documents.
Thanks for your understanding and awaiting for the approval of payment so that we send to you payment details.
Kind regards
Management
h
  • Author

Can I ask what is a MT70 ?

Yamaha MT-70 is a sports cruiser, 689cc. Google it.

Why are they mentioning 'customs' in their letter? Is the motorbike road legal in Thailand?

IMO if you have paid for the bike just go to Changmai and ride it back home, that delivery thing sounds like a scam to me.

Op. Have you actually physically seen the bike? Does it have a green book? Sounds like a scam to me!

ask the seller to send it via Thai postal service.

Sent from my XT1032 using Thaivisa Connect Thailand mobile app

Definitely sounds like a scam. Is the bike being shipped from overseas?

I would Google "scam name of company"

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