How is the value of a pre-owned two-wheeler determined?

The value of a pre-owned two-wheeler is typically assessed using several factors that influence its market worth. Below are the key aspects that are usually considered:

• Model and Brand: Popular models from leading brands tend to have higher resale values compared to unknown options.
• Vehicle Age: Old two-wheelers depreciate more, so they are valued lower than newer models.
• Kilometers Driven: Low-mileage vehicles are valued higher as they are considered less used. High mileage negatively impacts price.
• Physical Condition: Two-wheelers that are well maintained and have minimal wear-and-tear get better valuation.
• Service History: Complete service records indicate timely maintenance, which improves valuation. Gaps in service history reduce value.
• Modifications: Aftermarket modifications enhance or reduce value depending on their usefulness and appeal.
• Ownership Documents: Proper paperwork proving legal title is a must for maximum valuation.
• Insurance History: A clear insurance record without claims helps a vehicle get a higher value.
• Market Demand: Popular models in high demand fetch better resale value versus models with low demand.
• Additional Accessories: The inclusion of additional accessories such as alloy wheels, gear lock, or upgraded sound systems, etc, may improve valuation.