1 / 10

How Brand Name Increases Uses Bike Valuation At Marketplace_

Here in this blog we are discussing "How Brand Name Increases Uses Bike Valuation At Marketplace

wheels2
Download Presentation

How Brand Name Increases Uses Bike Valuation At Marketplace_

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How Brand Name Increases Uses Bike Valuation At Marketplace?

  2. For quite some time, the used bike marketplace is extending at a fast pace. People having existing motorcycles in good condition, look forward to selling them at reasonable prices after enhancing the overall persona. On the other side, enthusiastic individuals having a limited budget, decide to buy a second-hand motorcycle at an affordable price. Keeping both parties' requirements in mind, the used bike marketplace has slowly become an integral part of the automotive area. One thing cannot be denied second-hand bike sellers want to get a higher rate. On the other side, an interested buy like to avail of a used motorcycle at a lower price. Both parties are right in their own set of positions. That's why, it is important to consider the brand value, whether to increase or decrease the reselling price. There is no denying the fact that the resale value of used motorcycles belonging to a popular and leading brand is always on the higher side. It is because only a few brands and particular models are still high in demand among customers. And because of that resale value is on the higher side. But that's not all, there are other reasons as well why brand value has of utmost importance in increasing the second-hand bike valuation.

  3. 1. The utmost reputation of the brand As you already know, few brands have their own set of reputations that most people know about and prefer to buy such companies of motorcycle. Concerning the same, such brands of bikes are known to offer an upscale level of performance, utmost fuel efficiency, better acceleration, incur low-cost maintenance, and provide other benefits compared to other brands of vehicles. Ultimately, it helps create a trust factor in a particular brand and allows even the used bike-interested people to pay the ideal price for second-hand motorcycles. Another noticeable thing is the positive brand perception among a wide range of people. A positive company's perception creates a reliability factor among individuals and allows them to prefer that particular brand only. In a way, a two-wheeler manufacturing brand with enhanced perception and reputation allows even the second-hand bike's price to the higher side.

  4. 2. Brand Popularity & High-Demand Factor Another consideration that makes a leading brand, first preference for second-hand bikes enthusiastic individuals is the popularity and high-in-demand factor. Certain brands' motorcycles are known to offer unique riding experiences, better mileage, long-lasting durability, and other riding perks compared to other brands of products. And because of such reasons, such bikes are high-in-demand among people, even second-hand motorcycles. One more interesting fact is the availability of selected and niche models offered by a reliable brand. The models could be rare in terms of engine performance, acceleration, looks, and more.

  5. 3. Brand Manufacturing Reliability Factor As we have discussed, the brand's higher value implies better used bike valuation in the marketplace. This leads to another connecting factor with respect to the vehicle's reliability and durability for a long-lasting time. A reliable motorcycle, even in second-hand condition, offers a seamless and comfortable riding experience. It further offers upscale performance, low-breakdown capabilities, high mileage, and several other benefits. In short, used bikes of trusted brands allow riders to travel anywhere with ease and comfort. And sure to keep that vehicle for a long-time.

  6. 4. Exclusive Market Trends & Low Depreciating Factor Certainly, market trends that include increased consumer preference, advanced technology, and seamless riding experience impact the resale value of used bikes on the higher side. People follow such trends to lay hands on the best available machine, even in a second-hand condition to ensure comfortable and affordable travel ahead. One more reason to lay hands on the branded second-hand bike is the chances of facing a low depreciating factor. You must be aware of the fact that every vehicle faced depreciating value, starting from the moment of taking out of the showroom. Popular branded motorcycles incur minimal depreciating value in the marketplace.

  7. Concluding Thoughts: The brand and model of a used motorcycle significantly influence its resale value in the marketplace. Several factors are taken into consideration like brand reputation, popularity, reliability, and market demand playing key roles. You get to understand, how brand influence creates a certain impact on the resale value of a used motorcycle. When it comes to checking the valuation of a second-hand motorcycle, rely on easy to reach platform of Wheels of Trust (WOT). It's a service offering of the Hero Motocorp brand. It allows existing motorcycle owners to check the bike's valuation online, get to know the reselling price, and even find flexibility in selling on the same platform. So, what are you waiting for? Start considering manifold factors to witness the real-time value of a used motorcycle.

  8. Thank You!!

More Related