Buying a used motorcycle: Difference between revisions
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# Give the seller the money and have them sign over the title. | # Give the seller the money and have them sign over the title. | ||
# If the vehicle is under 7 years old, get a [https://mva.maryland.gov/Documents/VR-181.pdf notorized bill of sale], otherwise you'll need to pay taxes on the average retail price on [https://nada.com nada.com]. | # If the vehicle is under 7 years old, get a [https://mva.maryland.gov/Documents/VR-181.pdf notorized bill of sale], otherwise you'll need to pay taxes on the average retail price on [https://nada.com nada.com]. | ||
#* If you're buying a cheaper bike, it may not be worthwhile to meet the seller again and pay notary fees. Check the price first. | |||
# Once in your possession, get insurance online. I use [https://www.progressive.com/motorcycle/ Progressive]. | # Once in your possession, get insurance online. I use [https://www.progressive.com/motorcycle/ Progressive]. | ||
# Take the title and bill of sale to a tag and title place. I went to [https://g.page/motorcartagandtitle?share Motor Car Tag & Title]. | # Take the title and bill of sale to a tag and title place. I went to [https://g.page/motorcartagandtitle?share Motor Car Tag & Title]. | ||
# | #* You'll pay the sales tax (6%), title fee ($100), tag fee ($20), MVA fees ($20), and the shop's fee (~$60) and get a temporary registration. | ||
#* If the motorcycle is already inspected, you'll pay for registration and be done. | |||
#* The new title will be mailed to your address. | |||
# Get the motorcycle inspected. [https://egov.maryland.gov/msp/vsi/Lookup#!/ Inspection Lookup] | # Get the motorcycle inspected. [https://egov.maryland.gov/msp/vsi/Lookup#!/ Inspection Lookup] | ||
# Return to the tag and title | #* I went to AK Cycles in Gaithersburg, MD. They charge $75 + tax. | ||
# Return to the tag and title to get the full registration. | |||
#* Motor Car Tag & Title charges for registration ($104 for 2 years), $9 MVA fee, and $20 shop fee. | |||
#* You can do also do this online. | |||