How To Sell Your Used Scooter | NS4L How-Tos

How To Sell Your Used Scooter | NS4L How-Tos


– What’s up vlog? This is Mike, the COE at
New Scooter 4 Less, here. And if you’re watching this vlog, I hope it’s ’cause you graduated,
congratulations Gators. Now you may be wondering, maybe you’re sticking around in town, maybe you’re gettin’ ready to leave go pursue other areas with your degree. What do you do with your
scooter whenever you leave? So today we’re gonna film
a little quick how-to on how to sell your used scooter. (upbeat music) So the first thing you need
to do is compile a list of information of what’s
necessary for your listing. This is gonna be a lot of
things you can find on your registration or title. It’s gonna include the
year of the scooter, the make and model, the color. Do you have an extra features on it? Some scooters have a back rack, some have USB charging ports, what kind of features did
you add to your scooter that’s maybe gonna drive up
the value of your resale? As well as, knowing what
actual model you have. This is a Vespa LX50 here, a
lot of times people just think, hey, I have a scooter, right? So the more information
you can put in your listing the better it’s gonna help whenever you get to the resale point. Now what platforms are
you going to put it on? If you’re a college student here at UF, most people find success with Craigslist, with Facebook Marketplace,
maybe you’re in a fraternity or sorority and they have
message boards there. Those are gonna be your most likely routes of finding people that
are interested in buying, because they might still
have time left to go to the university and they
might be looking for a scooter. So those are gonna be
your definite options. The next thing we’re gonna
talk about is pricing. What are you gonna be able
to get for that scooter? The first thing I would recommend, depending on the type of
scooter you might have, is look at Kelley Blue Book. KBB is a universal source for automobiles and motorcycles
and scooters for relisting. If your scooter has a
KBB value that gives you a good ballpark of what
you should be looking for. Now, not all scooters do have a KBB value. Some often are entry
level bikes that maybe aren’t pushed on KBB. So at that point, I would recommend coming into the dealership
and letting use evaluate it. We’ll be happy to give you an appraisal, both for what we would buy it back for to sell in our used lot, as well as, what you should be looking
for for your private resale. Another thing to consider is, what kind of value can
you give that customer? If it is a New Scooters 4 Less scooter that has a decal and it’s
on the side, there’s value that will get passed on to
that secondhand purchaser. That includes free pickups
and deliveries that we do for as long as that scooter’s on the road. And our in-house labor
rate which is cheaper than scooters that were not
bought from our dealership. You being able to pass
the value on to a customer should help you retain more
of the value that you invested into the scooter at the time of purchase, and send you home with
a nice little check. Now hopefully you’ve found a buyer. There’s four big tips I have for you in making sure it’s a smooth transaction. The first is you wanna
meet in a public place. I’m willing to suggest our
parking lot as a safe space to make sure that
transaction happens smoothly. But any type of public place
is gonna serve you well. You don’t wanna meet
in somebody’s backyard or anything like that, where it could be a little
not safe not secure. Meet during the daytime that way you can feel
comfortable and safe. Bring a friend, that
would be the third tip. Make sure that you have support. The fourth is, to ensure that you’re getting a
good form of payment. Cash is gonna be your best bet. A money order is fine ’cause it’s secure. If you get a personal check, that’s okay, but I would definitely
suggest going to a bank and getting that check deposited, before you put any ink on the
title or anything like that. You just wanna make sure that
the transaction goes smoothly, and you don’t get in a situation where you got taken advantage
of, or anything like that. Those are my four big tips
for you for your transaction. All right, so now that you’ve
got your payment secured, it’s time to actually fill out the title. This is an example of
what a title looks like. In Florida it’s gonna be a
rigid stiff blue piece of paper that say Certificate of
Title across the top. A lot of times people confuse
this with their registration and their application for title. Your title definitely looks like this. And when you get to the
stage of filling it out all you have to do is
go to our link below, and that’s gonna link you
to a vlog we’ve already done about how to fill out a title properly. You wanna make sure that
it’s done accurately because if you do make any
stray marks, or fill out something where it’s not
supposed to be filled out, it could cause you to have
to get a title reprint which will cost you money
and a lot of frustration. Definitely when you come
time to fill out the title you wanna make sure that
you do it correctly. All right, so the last step here is, maybe you didn’t give yourself
enough time to find a buyer before you got to leave town, so what are your options there? Well, at New Scooters 4 Less
we do buy back scooters, but something to consider there is, we have to sell them on our
used lot for that same price that you would be looking for privately. So, if I appraise a scooter like this one that would get around
$2,000 on the retail market, and that’s what I would tell
you, the owner of the scooter, that you should be looking for. The reality is I have to buy
that back at a much lower rate, make sure that it meets our
safety standards, inspect it, and to be able to turn it for
profit, we are a business. That wholesale rate will be much cheaper, much less money in your pocket that what you would get if
you find a buyer directly, but it does give you another option. If you’re interested
in taking us up on that all you have to do is just
come by, bring your scooter, ask for a buy-back quote,
and we will look over all the things necessary to
make sure that we can buy it, and give you that buy-back
offer right there, after about 1/2 an hour of work. All right, some last things to consider is treating the process like
you would want it if you were on the buying end of things, too. Definitely make sure that the tires have the proper amount of wear, that they’re not super
bald or anything like that. That all the safety components, your lights, your
brakes, everything works. Bring your service up-to-date
for that next customer, the oil changes, spark
plugs, anything like that. And just make sure that the
scooter that you’re giving to this customer,
selling to this customer, is gonna be something that they can ride. I think we’ve all been in the
situation where the last thing we wanna do is get buyers remorse, right? Make sure, from an ethical standpoint, that you’re giving that
next student something that is reliable for them. All right, so that’s our vlog today. If you have any questions about
selling your used scooter, please don’t hesitate
to reach out and ask us. You can also stop up, and we will give you
an appraisal for free. Pick up the phone and call us. Do it over email. Or you can also come by our dealership and check out our used
selection of scooters. We have a lot, especially around the time
that students graduate. We’ll be happy to set
you up on a used scooter. So, that our vlog today. Hope you enjoyed it and found it useful. We’ll catch you next time. ♪ Last time ♪ ♪ I find ♪ ♪ To the only place ♪ ♪ Where we are ♪ ♪ Told ’til then ♪

About the Author: Michael Flood

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