Pricing Assistance

[jcrawford]

Hey everyone,

Today I went to look at a 2009 CBR600RR with 8-9k miles. It had the following visually noticed aftermarket parts.

ASV Levers
Rizoma Metal grips
Powdercoated LED rear pegs
Corbin Seat
Akro Exhaust (not sure if it is full or slip-on)

Probably some other stuff that I had not noticed. My question is what would be a reasonable offer for this bike. The dealer wants $9300 for the bike and I know that is insanely high. I am going to make an offer but want to make sure that it is reasonable and was thinking around 7-7.5k. Am I still thinking too much?

[Doc]

Isn't there a CBR for sale here on the board?

[Manny]

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Are you riding this month? If not, wait till Right before the holidays.

[jcrawford]

This is the exact bike:

http://www.newenglandpowersports.com...PC40099K202390

[Degsy]

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6500 is more like a fair price. Everything but te exhaust adds zero value.

I can pretty much guarantee the dealer won't take leas than $8500.

[R7]

The dealer wants $9300 for the bike and I know that is insanely high. I am going to make an offer but want to make sure that it is reasonable and was thinking around 7-7.5k. Am I still thinking too much?

Wow, $9300 for an 09? I bought a new 2011 R6 special edition for less than that, brand new a bit over 2 months ago.
Degs is spot on, $6,500...maybe $7k

[Manny]

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Correct me if I'm wrong, but weren't new ones selling for less than that?

Almost 3 year old bike.

[jcrawford]

Yes I bought my 2011 cbr for $9674 with 0 miles which is why I knew it was priced high. I would never pay the sticker price on a used bike. I was going to try not to buy a new bike but I think they price the used in a way to make people go towards the new lol

[oVTo]

KBB Retail for a 2009 CBR600RR in excellent condition with 5000 miles is $7,720.

[jcrawford]

KBB Retail for a 2009 CBR600RR in excellent condition with 5000 miles is $7,720.

yea but both dealers and insurance companies go by market value rather than retail value. Is there a site to check market values for different areas?

[oVTo]

yea but both dealers and insurance companies go by market value rather than retail value. Is there a site to check market values for different areas?

KBB provides values for the region that's based on the zip code you enter, so it is a local retail market value based on similar actual dealership sales of that particular (used) model. The sample size for bike sales is small so it can be argued KBB doesn't have a big enough sample for an average value, but it's a piece of information you can use to negotiate price.

KBB also lists trade-in value, which for that bike is is $5330 in good condition. That puts the range of the bike's value somewhere between $5300 and $7700. That makes Degsy's number look about right.

It's very much a buyer's market right now. Don't over pay and don't be afraid to walk away.

[Charlief]

I would buy over the winter. Before the new year.

[Kazinator]

Buy private!

[Doc]

Stay away from a dealer and buy used. The "market" is shit right now and there is no way any bike is worth over retail at this time of year.

[bstnsboy]

Buy private!

private sale for sure, Way to much markup at a stealership!

[backinthesaddle]

Bought my 09 with ABS brand new in june 2010 for $8995. So that is very high.

[gixxersixxer]

http://nh.craigslist.org/mcd/2623407853.html

http://nh.craigslist.org/mcy/2589920412.html

http://nh.craigslist.org/mcd/2663252690.html

[backinthesaddle]

Will sell my 2009 abs model black 12k miles box stock except for 2 week old diablo rosso 2 for $9K flawless bike. Or for less money here is an 08 http://www.razeemotorcycle.com/show.asp?Bike=001623.jpg I hear ZX6 new going for good discounts right now.

[Degsy]

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Will sell my 2009 abs model black 12k miles box stock except for 2 week old diablo rosso 2 for $9K flawless bike. Or for less money here is an 08 http://www.razeemotorcycle.com/show.asp?Bike=001623.jpg I hear ZX6 new going for good discounts right now.

$9k?? Did you read the thread?

[Jim]

Buy it, and get the extended warranties for another $6k.

[backinthesaddle]

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$9k?? Did you read the thread?

Yeah, guess my sarcasm didn't work. I actually paid less new than he is looking at used.

[Degsy]

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$9k?? Did you read the thread?

Yeah, guess my sarcasm didn't work. I actually paid less new than he is looking at used.

I'm an idiot.




Carry on.

[backinthesaddle]

Not at all. Major sarcasm fail by me. Should have set it up better. Will go practice up on my other forums. LOL.

[TheIglu]

Buy it, and get the extended warranties for another $6k.

Yeah, that is a great price for a used bike while there is snow on the ground.

[bostongixxer]

Buy a gixxah.