The phrase denotes the observe of entrusting a bike to a 3rd get together, sometimes a dealership or specialised enterprise, for the aim of sale. The motorbike proprietor retains possession till the automobile is bought, at which level the proprietor receives a pre-agreed portion of the sale worth. The qualifier “close to me” signifies a seek for such companies inside a geographically handy proximity to the person initiating the search, using location-based applied sciences to filter outcomes.
This methodology provides a number of benefits over direct non-public gross sales. It reduces the proprietor’s involvement within the typically time-consuming and complicated gross sales course of, together with promoting, negotiation, and paperwork. Consignment preparations can probably yield a better sale worth than particular person efforts because of the consignee’s entry to a broader buyer base, established advertising channels, and experience in motorbike valuation and gross sales strategies. Traditionally, consignment has been a well-established observe in varied sectors, adapting to the motorbike market as a streamlined different to conventional gross sales strategies.