How to judge the value of a used motorcycle?
May 3, 2007 1:15 PM Subscribe
How do I assess the fair value of a used motorcycle?
posted by jclovebrew to Travel & Transportation (11 answers total) 6 users marked this as a favorite
I'm shopping on craigslist for my first motorcycle. A lot of the bikes on there seem to be priced high relative to the Kelly Blue Book value. When asked, some of the owners claim the premium is based on something like a fancy custom paint job, or the bike being an excellent condition hard-to-find classic. Not sure if I buy this. If the bike is rare and expensive, wouldn't that be factored into the blue book value?
Is there any resource I can use to assess fair value? I know edmunds.com has something called True Market Value (TMV) that spits out a price based on a number of variables. That has been helpful for me in car shopping and selling. Is there a similar resource for motorcycles?
If I can tack on a couple of side questions - What other resources should I be looking at in addition to craigslist? And, would it be worth it to buy a used bike from a dealership? I'm in Seattle if that makes any difference.