It has been an old tradition since the 1970s where young riders push their ride into the bikes shops and get a 1 for 1 exchange/upgrade. Moving up from a Class 2B to a Class 2A and finally to a Class 2, #achievementunlocked.
Going with your friends for shopping and installation of various accessories, choosing the loudest exhaust pipe and showing off your ride the next day.
However what happens if you decide to stop riding due to family commitment? Where or how to do you dispose your ride especially if it’s a Harley, a Ducati or a Honda worth $20,000 – $30,000? It will be challenge to find a fair price for your bike. A few questions you have to ask yourself, are you able to clear of its remaining loan before selling? Can you find a buyer ready to take it off you in full cash? Would you be provided with a fair price especially when you spent tons on accessories?
In OTUA AUTO #otuasg, like how we find a direct buyer for cars, we are also able to find a direct buyer for your bikes. The common challenge in the market is the lack of loan facilities for keen buyers and the ability to settle the outstanding loan balance for the current owner. We are here to solve this problem.
For sellers, we have a financing arm to clear of your loan settlement and the marketing knowledge to find you a buyer for your ride. We work with Hitachi Capital exclusively to provide flexible loan packages and insurance at a competitive rate for our buyers.
Thought its not common knowledge but this consignment service is available for the last few years now. The common rates are a fee of 10-20% of the selling price chargeable to the owner upon a successful sale.
OTUA AUTO is now providing a free service for all Motorcycle sellers and the viewing will be done at a place of your convenience!
Just 5 simple steps and we will be able to start advertising for you!
- Go to https://otua.sg/sell-car/
- Fill in your bike plate number
- Fill in the last 3 digit of your NRIC + the alphabet ( SXXXX563A)
- Fill in your name
- Fill in your contact number