What's up with the prices of used bikes? (esp. the older 2000-2005)

Some people sell thing for what they think it is worth also no one wants to "under sell" themselves.
 
Some people think that there stuff is worth more then it is.

But, consider the kijiji effect, post it for $10k and 5 jokers will offer you $5k before the day is done, gets you what it may really be worth.
If you post at fair value $5k, 10 jokers will waste your time offering $3K
 
It's what people are willing to pay and the area you’re in. I was looking for a classic Britt bike in my area (waterloo), everyone wanted too much. I ended up finding my ride North of TO for a much lower price (even with gas and trailer rental included).
 
get away from the GTA/Souther ontario, and prices seem to normalize. Depends also on popularity of the bike, etc.
 
Prices here are pretty whack. Some people truly believe their bikes are worth that much.

Last year I went to help my gf pick up a Ninja 250. We saw two in a row. First one was 12,000km, had a bunch of random mods and was being quoted at 4000. Dude wouldn't budge. Second guy had a small crack in his fairing, stock @ 6000km, and it was 3100. Choice was obvious, labor and a side panel don't cost 900 bucks!

...Recently saw a stunted ZX-6R going for 7,000. Thing looked beat up as hell lol
 
When I bought my GSXR, I gave the seller 60% of his asking price, and I consider myself to have paid a fair price.
 
Drugs are in healthy supply and lots of people take them. Even some dealers have their pricing way out to lunch. :scratch:
 
You did good:headbang:. I'm usually afraid to disrespect the seller by possibly going too low. Any suggestions on bargaining tactics I can use???

I'm looking at 2 Honda CBR 600rr:

1. 06 600rr stock no maintenance done except for oil change (this month) since last season when seller got the seller purchased the bike. Bike has been dropped in driveway. Couple of minor scratches on the fairing and cowl. 10k km. Seller asking for $5900. I'm thinking $5000 would be a fair price???

2. 05 600rr so mods, new battery and arrow exhaust slip on. 21k km. Seller asking for $5300. Would offering $4800 be reasonable???

Dresden said:
When I bought my GSXR, I gave the seller 60% of his asking price, and I consider myself to have paid a fair price.
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viperman99 said:
You did good:headbang:. I'm usually afraid to disrespect the seller by possibly going too low. Any suggestions on bargaining tactics I can use???

I'm looking at 2 Honda CBR 600rr:

1. 06 600rr stock no maintenance done except for oil change (this month) since last season when seller got the seller purchased the bike. Bike has been dropped in driveway. Couple of minor scratches on the fairing and cowl. 10k km. Seller asking for $5900. I'm thinking $5000 would be a fair price???

2. 05 600rr so mods, new battery and arrow exhaust slip on. 21k km. Seller asking for $5300. Would offering $4800 be reasonable???
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Given the timing of the season, i think 5k is decent for an 06 CBRrr at the beginning of the season. It's not a "steal", but you're not likely to get a steal at this time anyhow.

Take your cash with you. Check out the bike and then make an offer. What's the worst that can happen - he says no?
 
I can take my cash with me, but these the deals I'm looking at are out of the GTA and ~2-4hrs drive. Spending all that time and cash just to get refused on an offer and then repeating the cycle again leaves a flatten wallet. The bikes within the GTA are insanely overpriced!

Dresden said:
Given the timing of the season, i think 5k is decent for an 06 CBRrr at the beginning of the season. It's not a "steal", but you're not likely to get a steal at this time anyhow.

Take your cash with you. Check out the bike and then make an offer. What's the worst that can happen - he says no?
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viperman99 said:
I can take my cash with me, but these the deals I'm looking at are out of the GTA and ~2-4hrs drive. Spending all that time and cash just to get refused on an offer and then repeating the cycle again leaves a flatten wallet. The bikes within the GTA are insanely overpriced!
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I always ask on the phone what's the best price they're willing to accept. This at least gives you an idea if its worth the drive. If you do your research you generally have an idea of what the bike is worth. If seller is way off then don't bother even going. If price seems reasonable and the seller is being honest on the condition then it's usually worth the drive. My only issue has been my idea of "mint" seems to be quite different than some of the sellers I have dealt with. Missing bolts or zip ties where bolts should be , scratched fairings , rusty chains, dinged rims etc... does not equal mint.
 
jdepp said:
I always ask on the phone what's the best price they're willing to accept. This at least gives you an idea if its worth the drive. If you do your research you generally have an idea of what the bike is worth. If seller is way off then don't bother even going. If price seems reasonable and the seller is being honest on the condition then it's usually worth the drive. My only issue has been my idea of "mint" seems to be quite different than some of the sellers I have dealt with. Missing bolts or zip ties where bolts should be , scratched fairings , rusty chains, dinged rims etc... does not equal mint.
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+1

You can gauge if the seller is motivated, and is flexible in a conversation over the phone. If the price is too high and he seems unmotivated, save you gas money (if you're looking to get a deal)
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