[quote=Frank Warner;148127]The purchas price inculdes the rego, 3rd party personal insurance, tools, any accessories .. so the bike is one part of the purchase price.
Trust?
Hi Frank,
What you say is generally true but not all the time. Whilst looking for a bike I saw that some aren't REGO'd, in which case the buyer is liable for another $AU350 or so which then theoretically makes the bike more expensive. I'm not sure however how you feel that undervaluing the bike for the transfer(if that is what you are suggesting) will help.
The trust aspect I mentioned is that the Insurer in Australia is generally a lot more interested in what you are insuring and how much experience you've had on a particular bike size/style. Hence, you are left to tell the truth without dodging issues as some have learnt to do in the UK. It is hard to explain but in a nut-shell I'd say the Australians are still in touch with the people side of thie business whilst in the UK the rider is just business generally until a claim, and then they check if you were telling the truth when taking out your policy. I.e. looking for a way not to pay out. (This is not true of all though.)
Regards,
Mike
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