In buying your first or your additional collected motorcycle, there are a lot if things that you should need to consider, not just in style and model of the said vehicle, but might as well with the prices, billing method, payment method etc. that your dealer and you as the purchaser needs to agree with. In formalizing this, there is a need for a motor vehicle purchase agreement to be written, signed and discussed with. This should include matters, sections, terms and conditions that both parties should agree about. In making this, you might be having a headache especially if you are doing this from the very scratch. With this, our site if offering you Motor Vehicle Purchase Agreement that you could choose from whichever needs you should satisfy with regards to buying your vehicle. Browse among these templates and customize your choice according to your preferences.
For other agreement and vehicle checklist needs, our templates like Vehicle and Equipment Purchase Agreement, Daily Vehicle Checklist, Vehicle Delivery Note, Car Sale Delivery Note, Weekly Vehicle Inspection Checklist, Fleet Vehicle Inspection Checklist, Vehicle Maintenance Checklist and more in the storage for you.
This article will not only give you free and customizable templates but also provide you with essential information and details that you need to know about vehicle purchase or the agreement itself. So come, read the rest of the article with me!
10+ Motor Vehicle Purchase Agreement Samples
1. Vehicle Purchase Agreement Template
2. Motor Vehicle Purchase Agreement
3. Motor Vehicle Purchase Memorandum Agreement
4. Motor Vehicle Hire Purchase Agreement
5. Motor Vehicle Purchase Brokering Agreement
6. Motor Vehicle Purchase Registration Agreement
7. Motor Vehicle Seller Purchase Agreement
8. Motor Vehicle Master Purchase Agreement
9. Motor Vehicle Beneficiary Purchase Agreement
10. Motor Vehicle Purchase Lease Agreement
11. Motor Vehicle Purchase Maintenance Agreement
Things That You Might Need To Consider In Buying Your Motorcycle
As much as we wanted to see already our purchased vehicle in front of our lawns and gardens instantly. But we should be considering a lot of factors that might affect our choice of vehicle, here are some of these:
Brand
The mainstream motorcycle market in the Philippines is dominated by four Japanese brands: Honda, Yamaha, Suzuki, and Kawasaki. Taiwanese brand Kymco is also becoming more popular, while Indian brands like Royal Enfield have made their presence felt in the past few years. Each brand usually offers motorcycle models in each of the major types, and even within those categories, they have multiple offerings that cover the different engine displacements, sizes, designs, and color variants.
European brands like Vespa, KTM, BMW, American brand Harley-Davidson, British Triumph, and Italian Ducati, MV Augusta and TM Racing are also present in the Philippines but are usually patronized by motorsports and big bike enthusiasts. Because of their higher price tag, expensive maintenance, and accessories, these brands usually cater to the upper-end segment of the motorcycling market.
Displacement
For first-timers who just need a practical motorbike to get from Point A to B in the city and for errands, small-displacement bikes are perfectly fine and are much more fuel-efficient. However, this can be very limiting to those who want to or need to travel on expressways. Unfortunately, smaller bikes can only pass through service roads in some areas, which is generally a major hassle (but cheaper since you don’t have to pay toll fees). Riding a bigger motorcycle also tends to command higher respect on the road because of hefty size and price tag.
Price
Just like cars, you can buy motorcycles brand new or second-hand. While brand new units are more expensive, you’re assured that parts are new and the unit is usually covered by a warranty for the first year or so. Secondhand units can be really cheap, but investing in one may only leave you with more headaches and costs in the long run because of the frequent repairs, replacement of parts and maintenance.
FAQs
What is the difference between motorcycle and motorbike?
The two terms are actually interchangeable and used to describe the exact same type of vehicle. While the motorcycle is a combination of motor and bicycle, the motorbike is a combo of motor and bike. Essentially, they mean the same thing, which is exactly why you cannot go wrong using either one of them.
What do you call a small motorcycle?
Other types of small motorcycles include the minibike, monkey bike, Welbike, pocketbike, and pit bike.
How much do motorcycles cost?
Beginner riders typically pay between $5,000 and $10,000 for a new motorcycle. Experienced riders typically pay between $10,000 and $35,000 for a new motorcycle.
Making your motor vehicle purchase agreement might be a little challenge for you just as how you decide to purchase your vehicle. This is the very reason why it is highly encouraged for you to avail free and ready-made, customizable resources or templates online to help you with your needs. What are you waiting for? Avail our templates now!
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