How to price a bike

SirSkankin DBA

Well-known member
Hey,

I was trying to search the general forum but it kept giving me the 15 second error, even on the first try, so I figured I would ask and sorry if it is a repost or repost x1000000000.

I haven't sold or bought a bike in over 7 years. I am considering selling mine to get a new bike. The problem I am having is I am feeling a little out of touch with how to eventually price it and what "street value" is or what is fair.

Are there any resources that will give me a good start to figuring out a price or is it better to just post it at a price that I think is reasonable and go from there? If there are resources, do you start with "estimated" mileage and tack on xx amount of dollars for every amount of miles you are under that, or how?

Thanks in advance.
 

zammer

Tripler
NADA and Kelley Blue book are good to give a ballpark figure. Mods usually don't mean much but some riders will respect tasteful ones and this will protect against some depreciation.

In the bay area bikes seem to average about 10% over kbb value, outside/elsewhere in CA they can be as low as 10% under or more. Your best bet is to watch craigslist and see what seems to be disappearing at what price.
 

SirSkankin DBA

Well-known member
Research.

Browse all relavent, and some beyond, Craigslist and see what a bike in similar condition is listed for.

Thanks, RightCoastBias. That was what I was thinking but wasn't sure if there was anything reliable like Nada or KBB

NADA and Kelley Blue book are good to give a ballpark figure. Mods usually don't mean much but some riders will respect tasteful ones and this will protect against some depreciation.

In the bay area bikes seem to average about 10% over kbb value, outside/elsewhere in CA they can be as low as 10% under or more. Your best bet is to watch craigslist and see what seems to be disappearing at what price.

Thanks Zammer. Will definitely keep an eye out. Just did a quick search of the CL and as expected, it is kind of all over the place. Will keep an eye on it, and will check Nada and KBB, but good to know about the percentages over/under. That will be helpful. Also, good info on the mods, too. I don't have many, but definitely wouldn't try to inflate the price because of them.
 

russ69

Backside Slider
Your 2005 F4? For a 10 year old bike, condition is everything. Some aren't worth 600 bucks.
 

SirSkankin DBA

Well-known member
Yes, my '05 F4I. I realize that condition is everything whenever selling anything. I am trying to find a starting point, that's all
 

augustiron

2fast 2live 2young 2die
It also depends how badly you want to sell and get that new bike.
Winter is here, fewer buyers means thing have to be priced well (for the buyer) for it to move.
Good news is that the f4i is a popular bike and has a bit of cult following as a more mellow and comfortable all around sportsbike compared to the rr's.
 

vizcarmb

Well-known member
Winter,

Ha I laugh every time I hear that. Even dealers will laugh at you when you say its winter. Did you forget where you live.
 

SirSkankin DBA

Well-known member
It also depends how badly you want to sell and get that new bike.
Winter is here, fewer buyers means thing have to be priced well (for the buyer) for it to move.
Good news is that the f4i is a popular bike and has a bit of cult following as a more mellow and comfortable all around sportsbike compared to the rr's.

haha. That is true. I mean, I have an idea financially of where I want to be on the sale price...just wanted to arm myself before going out into the world.
Luckily, as for condition (mentioned above) it has always been garaged/parked in my living room, 13,xxx miles, I've only put maybe 6k on it since having it, 2nd owner bought it 2008. Services done, etc etc.

Winter,

Ha I laugh every time I hear that. Even dealers will laugh at you when you say its winter. Did you forget where you live.
Huh, I always thought the "general" market declined in the "colder" months. But, I could have just not been paying attention.

KBB and NADA mean shit in the bay. I would never bring that up to a seller unless I thought he was a complete dope.

Ah, ok. Would you say either is a good starting point for ballpark...Just as getting an idea but not as any form of leverage or comparison?
 
I bought my '06 F4i with 8100 miles in generally good shape and brand new tires in June (best time to ride?) for $4400, if that helps you at all. Most other F4i's I saw were in that range in good condition. Since they're pretty popular stunt bikes I saw a couple ratty ones for cheaper, but those weren't bikes I'd commute on.
 

SirSkankin DBA

Well-known member
I bought my '06 F4i with 8100 miles in generally good shape and brand new tires in June (best time to ride?) for $4400, if that helps you at all. Most other F4i's I saw were in that range in good condition. Since they're pretty popular stunt bikes I saw a couple ratty ones for cheaper, but those weren't bikes I'd commute on.

Awesome. That is great info and thanks.
 

auntiebling

megalomaniacal troglodyte
Staff member
lots of good info shared already i'd just like to say that the existance of an actual winter in CA isn't really the ponit when people say it isn't riding season it's that outdoor activities in CA during the typical winter months tend to lean towards the sierras for snow, and the nutbags that like the cold surf and big waves. even without notable precipitation, roads can stay damp for days after a "storm" and that keeps lots of riders off the roads. even you 'stitch wearing road warriors should see that, and it's an influencing force in used motorcycle prices in the bay area.

i am fully addicted to barf and craigslist motorcycle classifieds. there are AMAZING deals to be had right now and many of them are sitting for weeks. now is a great time to buy. shittastic time to sell.

nada and KBB are nearly worthless unless you have an appliance bike like a cbrFwhatever because only the people looking for an appliance bike will be consulting said resources for valuation. they are great bikes but they are also nothing special. cosmetic mods, if present (tail light integrator chief among them, followed by stickers and tinted windshields, usually lower my offer $$$)

if you want it sold, put the asking price a little lower than the average of the suggestions, and take the offer from the first person that actually shows up with cash. do. not. negotiate. unless. face. to. face. you'll just waste a bunch of time.
 

SirSkankin DBA

Well-known member
Thanks, Auntiebling. Good infos in there and will definitely keep it in mind.

and yay for the appliance bikes. hahaha. But, I get your point.

Thanks again!
 

ilikefood

Well-known member
I bought my '06 F4i with 8100 miles in generally good shape and brand new tires in June (best time to ride?) for $4400, if that helps you at all. Most other F4i's I saw were in that range in good condition. Since they're pretty popular stunt bikes I saw a couple ratty ones for cheaper, but those weren't bikes I'd commute on.

Wow seriously? $4,400 seems kinda crazy expensive, given that a year ago I bought a '09 Multistrada 1100S in mint condition, with 2,900 miles, for $6,500. That was in the winter, but still...

OP, if you look at Craigslist for bike prices, keep in mind that bikes don't sell for nearly the crazy prices that people put in their CL postings. The classified section on BARF is a better place to get a sense of bike prices, though I've seen some very wishful prices there as well.
 

corndog67

Pissant Squid
KBB and NADAGuides is a good starting point. NADA was about $1000 higher when I was looking at my bike. Same with my Duc.

For people saying it's worthless, dealers use them both to set prices. People won't give you $9000 for your 1995 ZX6 because you feel, "it's worth it."
 
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