High mileage effects price of bike???
#12
#13
As many have said there are just to many bikes with low miles on them. Not strange to see a bike with an average of 1-2000 miles a year on it. Heck every year I see last years models with 2000 miles on them on the floor.
I generally put 20-60 K a year on and trade often for that reason. If you trade a one year old bike with 50K on it your are not getting what the guy that only rode his 1000 miles gets.
They are not investments for retirement. Traded my 2016 with just over 20K on it for the 2017. Worked out ok in the end but you can bet I did not get what I paid for the 2016 like so many think they should when they sell or trade.
I ride that is my recreation, passion and relaxation. If it cost a bit so what . Cheaper than a lot of other bad habits. And if the bike is my worst sin , I will be just fine.
Yes the M8 was worth it.
I generally put 20-60 K a year on and trade often for that reason. If you trade a one year old bike with 50K on it your are not getting what the guy that only rode his 1000 miles gets.
They are not investments for retirement. Traded my 2016 with just over 20K on it for the 2017. Worked out ok in the end but you can bet I did not get what I paid for the 2016 like so many think they should when they sell or trade.
I ride that is my recreation, passion and relaxation. If it cost a bit so what . Cheaper than a lot of other bad habits. And if the bike is my worst sin , I will be just fine.
Yes the M8 was worth it.
#14
The reality is that it's worth exactly what you're willing to sell it for and someone is willing to pay for it.
so what's your side of the number? What's the LEAST you'd take for it if someone offered you cash today?
Price it at that and it'll either sell or it's priced to high
#15
#16
This situation is happening all the time , (and that includes all vehicles) ....
Can you afford to have two bikes in the garage ? .... Do you want to go down the road of a private sale ?? .... If the answer is NO .... Then work out what is a reasonable trade price ,,, Shop around for a dealer to be close ,,, Then do a deal ....
Its the change over figure that your going to look at ,, be it a new or used bike ....
The market is the market ,, and you have to work within it ....
If you have the time, (as your is high mileage to some) ,, do an exercise, and try the private sale for a month or two , (but no more than the highest trade in price a dealer was giving) ... If you have luck selling ,, then you can go in with cash and negotiate strongly on bike, (new or used) with a dealer , or private seller .... It's really not rocket science ,, you just have to realistic , and not to greedy ....
As a very old saying goes,,, "You have to leave some salt on the table for the next person") ... that goes for buying and seller .....
Can you afford to have two bikes in the garage ? .... Do you want to go down the road of a private sale ?? .... If the answer is NO .... Then work out what is a reasonable trade price ,,, Shop around for a dealer to be close ,,, Then do a deal ....
Its the change over figure that your going to look at ,, be it a new or used bike ....
The market is the market ,, and you have to work within it ....
If you have the time, (as your is high mileage to some) ,, do an exercise, and try the private sale for a month or two , (but no more than the highest trade in price a dealer was giving) ... If you have luck selling ,, then you can go in with cash and negotiate strongly on bike, (new or used) with a dealer , or private seller .... It's really not rocket science ,, you just have to realistic , and not to greedy ....
As a very old saying goes,,, "You have to leave some salt on the table for the next person") ... that goes for buying and seller .....
#18
With mine as a spare I'm in a good place!
#19
I recently bought a new bike but kept my other bike, 2012 Limited. I have since decided to attempt selling it. Problem is it has 97,000 miles on it. The bike is in near perfect condition with two years of warranty on it. Recent overhaul with cams and lifters.
My question is what could I expect to get for it in a private sale?
I have put lots of bells and whistles on it and would not think twice about a cross country road trip. I just cannot justify two bikes . Know what you all will say about that one..........
Anyways, any input will be appreciated
My question is what could I expect to get for it in a private sale?
I have put lots of bells and whistles on it and would not think twice about a cross country road trip. I just cannot justify two bikes . Know what you all will say about that one..........
Anyways, any input will be appreciated
To me if I was in the market for a used 2012 bike I would skip right over everything with more than 25K miles as there are so many with less that can be had for very close to the same price. With NADA showing a low on that bike of around 10K I think realistically it would be hard to get over 5-6K with those miles. My guess is that would be an insult to you and IMHO if I was you I would rather keep it for if nothing else as a spare bike
Last edited by Mxdad; 02-12-2017 at 06:58 AM.
#20
Start out just like it does not have all those miles on it with what you want for it on eBay since you get 6 free listing for 6 weeks other then $3.00 for 24 picture spread. Use your wife account for 6 more if you need it. Spell out a total honest write up on it. To some, what you say you say you trust it to rid across country means little. Some people jump on theses things and run up the road WOT at 120+ MPH.
If you know you have 6-12 weeks of free listing, set up a sheet of paper how much to drop it each week after 2 weeks of listing. Stick to that. Have a weekly drop and a willing accepting value and stick to it. You will get 100's of views a week which is a lot of advertisement. Sell it local and at or near the end of the listing. If you get what you think is a fair offer, take it and just kill the ebay ad and of course pay eBay their $120 fee. Do not set up auction and limit stuff. Buy it now and just edit weekly to control your minimum. Accept paypal only for a $250 hold fee but do a return on it. State this in your add. When you do the finial sale cash transaction, meet them at their bank if at all possible to get cash from their teller. If not, do it at your bank and give cash only transaction to your teller to make sure it's real.
No answer for letting someone drive it. I would try to hold firm on you ridding them. Be sure you keep good full coverage insurance on it since there is always a risk with a stranger. Before any personal transaction, copy the info off there drivers permit. If they won't do that, find someone who will. No week in or night closing sales in private transactions. All car dealers do that along with running a credit check.
If you know you have 6-12 weeks of free listing, set up a sheet of paper how much to drop it each week after 2 weeks of listing. Stick to that. Have a weekly drop and a willing accepting value and stick to it. You will get 100's of views a week which is a lot of advertisement. Sell it local and at or near the end of the listing. If you get what you think is a fair offer, take it and just kill the ebay ad and of course pay eBay their $120 fee. Do not set up auction and limit stuff. Buy it now and just edit weekly to control your minimum. Accept paypal only for a $250 hold fee but do a return on it. State this in your add. When you do the finial sale cash transaction, meet them at their bank if at all possible to get cash from their teller. If not, do it at your bank and give cash only transaction to your teller to make sure it's real.
No answer for letting someone drive it. I would try to hold firm on you ridding them. Be sure you keep good full coverage insurance on it since there is always a risk with a stranger. Before any personal transaction, copy the info off there drivers permit. If they won't do that, find someone who will. No week in or night closing sales in private transactions. All car dealers do that along with running a credit check.
Last edited by Jackie Paper; 02-12-2017 at 07:30 AM.