Buying Someone Else's Insurance Replacement Bike

Asif Tufal
Asif Tufal Posts: 109
edited June 2013 in MTB buying advice
I've seen a few listings in the classified section where a person claims that they were burgled or otherwise had their bike stolen. The insurance company replaced the bike but the owner has decided to sell it on. Are these adverts legitimate? Is there anything wrong in buying such a bike, other than a non-transferable warranty?

Comments

  • cooldad
    cooldad Posts: 32,599
    I'm sure legitimate people wil have the paperwork.
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  • LJ.
    LJ. Posts: 149
    I got one a few months back, had all the receipt's from Halfords, they even let me exchange all the accessories the guy got for different one
  • Tom Barton
    Tom Barton Posts: 516
    So long as they got the paperwork it should be legit. Also bear in mind as a second hand buyer despite it being a 'new' bike you may not have the same warranty cover as the seller did.
  • jairaj
    jairaj Posts: 3,009
    Yep many warranties only apply to the original owner and are not transferable. But the paperwork should help prove its all legit and give you confidence with the sale. But that's the same with any second hand sale, treat it as such and you'll fine.