process of selling bike on olx

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Deal Cadet
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I want to sell my bike on olx. Once i find buyer what is the process in terms of documentation? Is something I have to take care of?

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Most important – Do not let him your bike for a “Test Drive” without proper precautions , either you be ride pillion or allow insided a gated community . grinning

Yes It is first important thing .

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There is one bike fraud which less people know. The fraudster will ask for test drive and after that he will say he wants to buy bike immediately. Then he will stop near atm to take out cash for paying u and will tell u to come with him inside atm. When u come outside, ur bike will not be present there because its stolen and fraudster will say he is not responsible for this. Actually what happened is the fraudster has given bike key to his another team mate secretly standing nearby when he stopped at atm. The fraudster can use other reasons also to keep u away from bike for sometime like i will give u small party for my new bike and will take u inside restaurant and his other team mate will steal ur bike

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Need_Help wrote:

Most important – Do not let him your bike for a “Test Drive” without proper precautions , either you be ride pillion or allow insided a gated community . grinning

Yes It is first important thing .

Correct but do I need to do any documentation related to rc transfer?

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badkarma wrote:

There is one bike fraud which less people know. The fraudster will ask for test drive and after that he will say he wants to buy bike immediately. Then he will stop near atm to take out cash for paying u and will tell u to come with him inside atm. When u come outside, ur bike will not be present there because its stolen and fraudster will say he is not responsible for this. Actually what happened is the fraudster has given bike key to his another team mate secretly standing nearby when he stopped at atm. The fraudster can use other reasons also to keep u away from bike for sometime like i will give u small party for my new bike and will take u inside restaurant and his other team mate will steal ur bike

Kg+ for sharing valuable information 👍

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I sold in OLX. It was a good experience probably because I think the person was genuine

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carez wrote:

I sold in OLX. It was a good experience probably because I think the person was genuine

Have your rc book name transferred to the buyer ? Or atleast signed any sale deed ?

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mastervijay wrote:

Have your rc book name transferred to the buyer ? Or atleast signed any sale deed ?

Yeah I checked online it’s transferred to buyer

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