Motorcycles are excellent trade-ins because they retain their value well.
Auto dealerships will accept a motorcycle trade-in if they can sell the bike for a higher price than they paid for it. The decision to accept a motorcycle as a trade-in is made by each individual auto dealership.
Auto Dealerships With Motorcycles
Some auto dealerships may already have a small selection of motorcycles. You shouldn’t have a problem trading in a motorcycle to one of these dealerships. Dealerships are delighted to add to their selection of motorcycles. A bigger selection helps dealerships hold onto bikes during down times, and it also helps salesmen stand firm on prices.
Auto Dealerships Without Motorcycles
Auto dealerships with no motorcycles may be reluctant to accept one as a trade-in. It will be hard for such a dealership to sell the motorcycle since the dealership’s customers will only be looking for cars. Customers can also negotiate prices harder when the dealer has no other options available to sell. In addition, salesmen are not trained or experienced in the sale of motorcycles, making motorcycles that much less desirable.
The financing status of the motorcycle may also influence a dealership’s decision to accept it as a trade-in. A well-financed or paid-off motorcycle will be more appealing for a dealer. A motorcycle with a considerable amount of money left to be paid on it, or with a bad loan, will probably not be accepted. Check the value of your motorcycle before attempting to trade it in with Kelley Blue Book’s Motorcycle Trade-In Value.