VRSC Models V-Rod, Street Rod, Night Rod and Night Rod Special

Newby Needs Help w/Fair Market Value on Two Bikes

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  #1  
Old 07-27-2009 | 02:16 PM
uwhusky's Avatar
uwhusky
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Default Newby Needs Help w/Fair Market Value on Two Bikes

OK, what is the best way to know how much I should pay for a used bike? Is there a blue book that is viewed as authoritative for Harleys or do most people just go off of gut or a high level of nationwide or local research?

Here's what I'm looking at:

2003 V-Rod, 100th Anniversary Ed.
Very little mods
<1000 miles
How much is it worth? My neighbor says he'd consider selling it but hasnt mentioned a price. He thinks it's a collectors item. From what I can tell, it's probably worth about $9500.

2008 VRSC Night Rod
Very little mods but does have security system
650 miles
He's asking $14k but I don't know what it's worth or what I should expect to pay.

Any thoughts?
 
  #2  
Old 07-27-2009 | 04:57 PM
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mps1168
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Originally Posted by uwhusky
OK, what is the best way to know how much I should pay for a used bike? Is there a blue book that is viewed as authoritative for Harleys or do most people just go off of gut or a high level of nationwide or local research?

Here's what I'm looking at:

2003 V-Rod, 100th Anniversary Ed.
Very little mods
<1000 miles
How much is it worth? My neighbor says he'd consider selling it but hasnt mentioned a price. He thinks it's a collectors item. From what I can tell, it's probably worth about $9500.

2008 VRSC Night Rod
Very little mods but does have security system
650 miles
He's asking $14k but I don't know what it's worth or what I should expect to pay.

Any thoughts?
www.kbb.com

2003 VRod trade in value about $7000 (Its only a collector item if someone actually collected it and sat on it 20-30 years) otherwise its just color and badges.

2008 Vrod night depending on whether its the special or not around $9500

Look at Ebay, see what the going prices are, take a run to your local dealer but Im betting your friend is in for a surprise, his bikes aren't worth near what he thinks.

Offer him $7000 for the 03 or $9500 for the 08, your being fair. if he really wants to sell then it works out for both, if not keep looking. You'll find a deal just take your time looking.

mps
 
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Old 07-27-2009 | 07:35 PM
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uwhusky
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So why would I use trade in value over retail value? It seems like if I'm buying or selling it as a private party, I should use retail value. Ofcourse as a buyer I'd rather pay trade in value but that' the price the Harley deal would pay for the same bike.

I did retail value on both bikes and here's what I got.

V-Rod Night Rod Special (it is a special): $14325
V-Rod: $9565
 
  #4  
Old 07-28-2009 | 11:05 PM
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mps1168
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From: Wisconsin
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Originally Posted by uwhusky
So why would I use trade in value over retail value? It seems like if I'm buying or selling it as a private party, I should use retail value. Ofcourse as a buyer I'd rather pay trade in value but that' the price the Harley deal would pay for the same bike.

I did retail value on both bikes and here's what I got.

V-Rod Night Rod Special (it is a special): $14325
V-Rod: $9565
If you feel good paying retail go ahead. I wouldnt pay retail or close to retail unless it was brand new on the floor, used is used. When I look at used the range from trade in to retail for me is "suggestion" and it would have to be near perfect before I'd consider retail.

Maybe a call to your insurance person and ask what they would pay on a total loss on the models your looking at will also help narrow the price range.

Good Luck whatever you decide.....

Just my 2 cents....mps
 
  #5  
Old 07-29-2009 | 06:35 AM
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nada.com
If you have cash in hand and want to help a friend, pay what you think is fair. If you will be financing, the bank won't look past low retail - in my experience mileage and condition do not matter on used bikes.
The dx is about 2k over priced - add 1k and you can buy a new 09 right now.
 

Last edited by crshsnwmn; 07-29-2009 at 07:11 AM.
  #6  
Old 07-30-2009 | 02:19 PM
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From: San Diego/Tj mexico
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Originally Posted by crshsnwmn
nada.com
If you have cash in hand and want to help a friend, pay what you think is fair. If you will be financing, the bank won't look past low retail - in my experience mileage and condition do not matter on used bikes.
The dx is about 2k over priced - add 1k and you can buy a new 09 right now.
+1 go and buy a new one at that price...

Have fun, Ride Safe

Rick From San Diego / TJ Mexico
1992 flhtc
2002 V-Rod
soon to join the 260 club
Brembo Calipers front & rear
AW wheels
Metzelers & Dyna Beads
V-mods

 
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