How important is it to change ownership of a bike in Thailand when facing challenges with obtaining a certificate of residence?

Changing the ownership of a motorcycle in Thailand is generally considered essential for legal and practical reasons. Pros include legal ownership, easier resale, and avoiding liabilities for taxes and fines associated with the bike. Cons may involve complications if the previous owner cannot be located, potential difficulties with insurance, and challenges related to visa regulations that could affect the transfer process. Commenters highlight that not having the bike transferred can lead to problems if any legal issues arise, leaving the original owner responsible.