As a general experience, many buyers after doing their research, not satisfied with the used bike offers, choose to go for a new Bike under a loan scheme. Main reason is the difficulty in getting the desired powered bike within the available budget, especially considering the number of new models being launched frequently and the fact that maintenance of a new bike is easier than a used bike. Thus, the new bike is often more accessible for the bike buyer than a used one. This being said, there are often many good used bikes available, if only the buyer knows how to go for one. Today, we take a look at the process of buying a used bike. Choosing a bike The first step in purchasing bike is to decide which make and model to buy. Here, we typically see two large preference types. Youngsters often prefer power, performance and styling whereas working people prefer the combination of style and mileage. Especially people with excessive travel per day tend to look for mileage rather