Buying a second hand bike - process questions

[rambling]

Hi guys, I'm getting a second hand bike (a Honda CB500F after all). And I am looking for some advice.

I have bought and sold second hand cars before, with finance and without so I'm somewhat familiar with the process with blue book / tabien lot for cars. Is there any major difference with the green book?

I'm assuming if the bike is under finance that the finance company holds the green book, like with cars, and once I close the loan directly with the finance company I will get it from them? What about the cash payment to the owner and the DLT ownership change, what is the right way to do this?

Second question, one of the private sellers I contacted said he didn't have a major accident but he did fall with the bike due to slippery conditions. How worried should I be about this causing serious / frame damage? What can I do to determine the extent of damage?

Lastly, any recommendation on what to check when examining the bike? I've requested to see the service book and will do a test ride, anything specific you would recommend to pay attention to?

Thanks everyone for your input.

[ll2]

it is not different than an ownership of a car. you can either close the loan or pay it monthly. Not sure how to close it though. never deal with finance.

i dont think so any frame damage from a slow accident but check the bike, and check service manual. any repairs done - especially if it is frame repair - at bigwing must be stated in it.

check the tips of levers, grips, rearset. If lots of scratches, sure the bike is down many times. you can estimate the level of impact from them. Also you can check the chassis, if any welds or sandpapers or painted areas. checl teh handlebar too. if accident, handlebar might get bend.

check the fork and seals too especially the parts not visible from the front. Alternatively, you can meet at Bigwing with the guy as there is enough space there for a test ride plus you can show the bike to mechs there to check for any big problems. Those mechs work on these bikes everyday so anything odd on the bike, they can inform you quickly.

during the test ride, check the oil and other fluids. check the tires as well.

during test ride, try to notice if there are any low speed wobbles or any problems with the operation of suspensions. check the brakes and their indicator. check brake oil, if oil is very down, it means pads are about to be gone.

good luck rambling, i believe honda cb500f is a great choice for Thailand and Bangkok. easy and fun bike for half the price of others.

wonder, how much they want for second hand cb500f?

[rambling]

Hey ll2, I've sold a car before with finance but the buyer just transferred the finance to their name so everything was done at the finance Co and the co kept the book. I'll try to find out more info and update this thread.

I actually went to Big Wing today, did another test ride since it's been a long time. Honestly I had no confidence at all initially I have to admit. The Honda guy there looked at me very skeptically lol but I took it slow and all the knowledge from the riding course came back to me. After a few laps in the car park I was even able to relax just a little bit and enjoy it.

I think it's definitely enough power and size for me.

They had a pre-owned bike there but couldn't give me the info on the spot so I'm waiting for an email.

Private sellers seem to ask around 160-190 even. Depends on mileage mostly from what I can see. This particular bike I'm going to see has relatively high mileage, 18,000 km over 13 months. Was a daily commute bike. It's just the first bike I see, I'm not going to rush buying it for sure.

Incidentally just to highlight the importance of proper training and practice for a big bike. One guy today who rode a scooter in came to test ride the 650R, he seemed very confident but in the end couldn't get the clutch right and engine kept cutting off. Two minutes later while I wasn't looking I heard a bang! He dropped it right there under the building. Didn't even go 5cm since he sat on the bike.

[ll2]

Hey ll2, I've sold a car before with finance but the buyer just transferred the finance to their name so everything was done at the finance Co and the co kept the book. I'll try to find out more info and update this thread.

I actually went to Big Wing today, did another test ride since it's been a long time. Honestly I had no confidence at all initially I have to admit. The Honda guy there looked at me very skeptically lol but I took it slow and all the knowledge from the riding course came back to me. After a few laps in the car park I was even able to relax just a little bit and enjoy it.

I think it's definitely enough power and size for me.

They had a pre-owned bike there but couldn't give me the info on the spot so I'm waiting for an email.

Private sellers seem to ask around 160-190 even. Depends on mileage mostly from what I can see. This particular bike I'm going to see has relatively high mileage, 18,000 km over 13 months. Was a daily commute bike. It's just the first bike I see, I'm not going to rush buying it for sure.

Incidentally just to highlight the importance of proper training and practice for a big bike. One guy today who rode a scooter in came to test ride the 650R, he seemed very confident but in the end couldn't get the clutch right and engine kept cutting off. Two minutes later while I wasn't looking I heard a bang! He dropped it right there under the building. Didn't even go 5cm since he sat on the bike.

rambling, a new cb500f is 205 k thb so dont get anything above 180 k thb. My buddy at teh office got a cb500f for 160 k thb nearly a year ago

check mocyc.com market too and all classified around. Believe me, cb50f is a confidence inspiring bike. once you spend some time on it, you will feel like it is your long time girlfriend. My old cbr500r is also at Bigwing BKK! I traded it with cbr650f.

cbr650f or cb650f are not beginner bikes for sure. You need some experience for it s give cb500f a year or two and than 650 series or any other bike with more power.

take care.

[rambling]

And here it is. Rode it inside the DLT for 40min to get used to it lol (my first bike ever) and then on to the main road and traffic jams. Everything went smoothly.

The bike wasn't on finance so it was just a cash transaction and 3 hours at the DLT to transfer the Green book.

Now I need to resist riding too much while I'm waiting for my jacket.

I got most of the other stuff:

Shark Speed-R in white

Alpinestars SMX-6 vented boots

Maxler Kevlar jeans with knee protection

RS Taichi Raptor gloves

Thanks everyone for your advice and comments to my numerous threads over the past week or two.

[ll2]

And here it is. Rode it inside the DLT for 40min to get used to it lol (my first bike ever) and then on to the main road and traffic jams. Everything went smoothly.

The bike wasn't on finance so it was just a cash transaction and 3 hours at the DLT to transfer the Green book.

Now I need to resist riding too much while I'm waiting for my jacket.

I got most of the other stuff:

Shark Speed-R in white

Alpinestars SMX-6 vented boots

Maxler Kevlar jeans with knee protection

RS Taichi Raptor gloves

Thanks everyone for your advice and comments to my numerous threads over the past week or two.

wise decision, congrats and happy rides.

a great bike to start! and it looks good too. such a bargain you got with sliders, and pipe and it is low km.

still take it easy first couple of thousand kms as still it is a fast bike.

and gear up.