Used bike: Vehicle Reg Cert and Insurance Question

MSVforever

Hi Guys,

Just want to ask for your experience buying a 2nd hand bike from a shop.

1. I will be getting the bike within the next three days as it was a trade in and needs to be serviced etc.

How should I proceed with the insurance?

I already got a few quotes for the bike model.

Should I call one of the insurance companies and register it for Tuesday just to be on the safe side (bear in mind I haven't paid the bike fully yet which will happen on the day when I pick it up) or should I leave it until the bike is ready for collection (which could be after 6 pm and insurance companies might be closed)?

2. When I hand over the money in the shop then should I receive the vehicle registration certificate or will the guys in the shop send it to Shannon?

Thanks a lot for your help:)

Paulw

I wouldn't insure it until I actually have it. You can always do the insurance online, so shouldn't be much of a problem.

Most likely, they will send the log book to Shannon for you, and they will do the paperwork. I'm sure, if you ask, they will clarify.

gerrowadat

You can set the insurance to start when you collect it, so if you're going to collect it at 6, arrange insurance to start at 6 on that day (not before, as you don't know if someone isn't riding it in the meantime). You can do this any time.

They will send the log book to shannon, same as any other vehicle. If they're a dealer, they can just take the log book, otherwise make sure you fill it out and send it.

MSVforever

Thanks guys! Much appreciated.

One more thing:

Would you go for third party only or third party fire and theft (value of bike is around €2k)? The difference would be €120 p.a.

Cheers.

gerrowadat

MSVforever wrote: »

Thanks guys! Much appreciated.

One more thing:

Would you go for third party only or third party fire and theft (value of bike is around €2k)? The difference would be €120 p.a.

Cheers.

Buy the level of insurance you can afford. Personally I think people are mad buying TPFT on a bike policy. The replacement or repair of the bike is the least of your worries if you have an accident. Do you have separate life and medical insurance?

Gavin

Another option might be to just get the bike delivered, if they'll do that. Makes things simpler for the timing of getting tax/insurance.

MSVforever

Thanks guys.

I currently have no private health or life insurance.
Might have get life insurance to calm down my wife
What kind of insurance have you got?

Unfortunately they don't deliver. I just saw that Liberty have the option to insure you online. Bike is already taxed till next year:)

Peanut2011

gerrowadat wrote: »

Buy the level of insurance you can afford. Personally I think people are mad buying TPFT on a bike policy. The replacement or repair of the bike is the least of your worries if you have an accident. Do you have separate life and medical insurance?

But what if the bike is stolen / damaged sitting at home?

Personally the level of insurance would depend on the financial circumstances and the value of the bike.

galwaytt

gerrowadat wrote: »

Buy the level of insurance you can afford. Personally I think people are mad buying TPFT on a bike policy. The replacement or repair of the bike is the least of your worries if you have an accident. Do you have separate life and medical insurance?

I'm not so sure, at this price level. Between policy excess, and what it would do to your NCB for a 2k bike, I'd save the €120.

MSVforever

Thanks guys.
I went for third party theft and fire. I think this is reasonable enough.

So picked up my bike yesterday afternoon and drove it back to work. As this was my first time on the road after completing IBT I felt quite anxious but it was fun at the same time. I have to work on my cornering though

Paulw

MSVforever wrote: »

As this was my first time on the road after completing IBT I felt quite anxious but it was fun at the same time. I have to work on my cornering though

Take it slow. Practice corners, u-turns, slow riding in a quiet/empty car park. Plenty around, especially near the industrial areas. Build up your practice on the quiet roads and then you will feel more comfortable taking the bike in to traffic. Been there, done that. It's just a matter of practice and confidence.

MSVforever

Thanks Paulw.

I will definitely practice more in an industrial estate at the weekend. Ballymount should be quiet enough on a Sunday morning and I won't be disturbing anybody. Might even drive down to Citywest Luas car park which was deserted when we were doing our IBT:D

Paulw

If you're near citywest, then there is an empty (overflow) carpark, just passed SAP, heading along Kingswood Ave, towards Kingswood Road.

It's almost always empty or practically empty, so a nice big space to use.

https://www.google.ie/maps/place/53%C2%B017'41.6%22N+6%C2%B025'09.2%22W/@53.294887,-6.4198712,201m/data=!3m2!1e3!4b1!4m5!3m4!1s0x0:0x0!8m2!3d53.294887!4d-6.419221?hl=en

MSVforever

Thanks Paulw. That's exactly what I need.