Buying Bikes (to later sell for profit)

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Jan 9, 2012 | 04:56 AM

#11

95RogueM3

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From: Richmond

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Re: Buying Bikes (to later sell for profit)

Quote:

Originally Posted by TATTRAT

Where do you plan to store them? If they are out in the open, even in your driveway, the city can tow them without being registered, not displaying tags, current inspection. . .

They would be in my garage...so now worries there.

Quote:

Originally Posted by MattnTheHATch

You must retitle in your name before selling to stay on the right side of the rules. Not sure what would happen other than a DMV fine if you were caught. But Im not quite sure how you'd get caught unless a buyer narced you out. In VA you are allowed to sell 5 cars/bikes without a license.

Thanks for the info. Good to know.

Still kicking the idea around. I think a newer sportbike would be the smartest buy (SV650, F4i, etc) as that is what everyone new to motorcycles seems to want come May/June.