Motorcycle Price Guide????

Motorcycle Price Guide????

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restoman

Original Poster:

949 posts

214 months

Tuesday 6th December 2022
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Hi all

Don't normally post in the Bike section but, have been trying to find online or in print a Motorcycle Price Guide for both newer and older bikes.

Is there such a thing?

Many thanks smile

trickywoo

12,214 posts

236 months

Tuesday 6th December 2022
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Can’t say there isn’t one but prices are all over the show so if there was one it probably wouldn’t be much use.

Best thing would be to keep an eye on auto trader for the bikes you want to know about. EBay and mcn also although they aren’t as popular with serious sellers.

I recently sold a bike to a dealer for £3.3k that had no interest in a private sale at £3.5k. They have it up for £4.3k.

The driver doing the pickup said their buying was way down on average but they were selling quite a lot and needed stock.

For some reason I’ve struggled to sell bikes privately that dealers flip in a couple of weeks for £500+ profit.

Onelastattempt

434 posts

53 months

Tuesday 6th December 2022
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trickywoo said:
Can’t say there isn’t one but prices are all over the show so if there was one it probably wouldn’t be much use.

Best thing would be to keep an eye on auto trader for the bikes you want to know about. EBay and mcn also although they aren’t as popular with serious sellers.

I recently sold a bike to a dealer for £3.3k that had no interest in a private sale at £3.5k. They have it up for £4.3k.

The driver doing the pickup said their buying was way down on average but they were selling quite a lot and needed stock.

For some reason I’ve struggled to sell bikes privately that dealers flip in a couple of weeks for £500+ profit.
I agree that prices are all over the place but have found Ebay good for selling on.
We have sold a Street Triple, Ktm 390 and a MT09 on Ebay in the last two years all within two weeks of putting a classified advert on Ebay and got decent prices for them well in excess of what the "buy any bike " type of dealers offered.

As for buying I have found dealers want silly money for 3 - 4 year old bikes which is what I tend to buy.
I go on Ebay and put bikes I am interested in on a watch list and keep an eye on what they are actually selling for before taking the plunge. Too many private sellers want dealer prices for a private sale, these are the ones that tend to not sell and keep getting relisted.
Also at this time of the year prices tend to be lower, then rise again in the spring. You can get a good deal by buying in winter, even if you will not use it for another 3 months due to the weather.

restoman

Original Poster:

949 posts

214 months

Tuesday 6th December 2022
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Thank you both smile I guess some more research is necessary - should keep me busy wink

Hugo Stiglitz

38,038 posts

217 months

Tuesday 6th December 2022
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I'd say 1-3yrs 30% of new, 4years+ 50%.

However condition massively affects- ridden through winter and engine casing/frame looks it? 10% of new price.

Dealer still thinks 90% of new price but offers you 10%...

trickywoo

12,214 posts

236 months

Wednesday 7th December 2022
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Hugo Stiglitz said:
I'd say 1-3yrs 30% of new, 4years+ 50%.

.
You won’t find any main stream manufacturer at as much as 50% off at 4 years old unless it’s got big miles.

That also goes out of the window with older bikes. 10 year old S1000RR are still £8k+ when list was around £12k.

Hugo Stiglitz

38,038 posts

217 months

Wednesday 7th December 2022
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That's asking price. You'd be mad to pay that when new price is only a few k more.

snagzie

539 posts

66 months

Wednesday 7th December 2022
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Hugo Stiglitz said:
That's asking price. You'd be mad to pay that when new price is only a few k more.
12k is what they used to be new, not what the new ones cost now

trickywoo

12,214 posts

236 months

Wednesday 7th December 2022
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snagzie said:
12k is what they used to be new, not what the new ones cost now
Exactly. Used prices are a moving target because new has been going up so much.

Mid 2000 superbikes are £4k to £5k when new was around £8k.

You could have got a new Tuono for £13k in 2016/17 they are still around £9k used today.

DirtyHarley

404 posts

79 months

Wednesday 7th December 2022
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I've just had to argue value for my bike that was written off in an accident. 3rd party insurers wanted to offer 'book price' of £2.5k less than I insured it for; quoting values from two 'insurance valuation sources' for year of bike and mileage. I argued for the value it was insured for by providing about 20 listings of similiar bikes from MCN/Autotrader/Ebay to show what they were advertised for and another 5 recently completed sales on ebay for waht they actually sold for. After about 4 weeks of back and forth I got a much more reasonable agreed value that was only £300 less than I insured the bike for.

As for the X years = X% devaluation etc. I don't necessarily believe there are any hard and fast rules. Certain bikes maintain their values well, others not so much. Additionally, 'post-Covid' prices of used bikes have had a huge amount of variation and have seen some serious price increases due to lack of used stock. Although less so with bikes than cars, regional variation also comes into it - I've bought almost every bike I've owned from dealerships up north rather than in the south east and 'saved' over £1k every time. Best bet is to compare like for like on sites like the above so you know a ball-park figure and then aim to buy in winter when the market is slowed, come the nice weather and prices start to climb and dealerships less likely to negotiate.
Good luck!

Hugo Stiglitz

38,038 posts

217 months

Wednesday 7th December 2022
quotequote all
DirtyHarley said:
I've just had to argue value for my bike that was written off in an accident. 3rd party insurers wanted to offer 'book price' of £2.5k less than I insured it for; quoting values from two 'insurance valuation sources' for year of bike and mileage. I argued for the value it was insured for by providing about 20 listings of similiar bikes from MCN/Autotrader/Ebay to show what they were advertised for and another 5 recently completed sales on ebay for waht they actually sold for. After about 4 weeks of back and forth I got a much more reasonable agreed value that was only £300 less than I insured the bike for.

As for the X years = X% devaluation etc. I don't necessarily believe there are any hard and fast rules. Certain bikes maintain their values well, others not so much. Additionally, 'post-Covid' prices of used bikes have had a huge amount of variation and have seen some serious price increases due to lack of used stock. Although less so with bikes than cars, regional variation also comes into it - I've bought almost every bike I've owned from dealerships up north rather than in the south east and 'saved' over £1k every time. Best bet is to compare like for like on sites like the above so you know a ball-park figure and then aim to buy in winter when the market is slowed, come the nice weather and prices start to climb and dealerships less likely to negotiate.
Good luck!
Book value - could that possibly be using selling to webuyanybike etc valuation tools?

Triaguar

876 posts

219 months

Wednesday 7th December 2022
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Try the Bike Market.co.uk. pretty decent starting point

KTMsm

27,444 posts

269 months

Wednesday 7th December 2022
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Hugo Stiglitz said:
Book value - could that possibly be using selling to webuyanybike etc valuation tools?
Google suggests there is a Glasses Guide and a CAP - I can't say I've seen anyone using them

It's telling that AutoTrader doesn't give price ratings to motorcycles (unlike cars)

KTMsm

27,444 posts

269 months

Wednesday 7th December 2022
quotequote all
Hugo Stiglitz said:
Book value - could that possibly be using selling to webuyanybike etc valuation tools?
Google suggests there is a Glasses Guide and a CAP - I can't say I've seen anyone using them

It's telling that AutoTrader doesn't give price ratings to motorcycles (unlike cars)

DirtyHarley

404 posts

79 months

Wednesday 7th December 2022
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Hugo Stiglitz said:
Book value - could that possibly be using selling to webuyanybike etc valuation tools?
The chap I spoke to said it was from Glasses and another one, but the name eludes me. When I asked if these were available to the public he became a bit sheepish and said they were 'insurance industry only' which made me fight the valuation a bit harder since it was so one sided for a non-fault claim.
The best single site was thebikemarket although that seems to mostly collect ebay listings and provide a £xxx over/under guide price against each listing.

I've always found the webuyanybike type quotes ridiculously low so I don't bother with them - they may be better for non-cruisers as some here seem to have had success with them though.

black-k1

12,135 posts

235 months

Thursday 8th December 2022
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KTMsm said:
Hugo Stiglitz said:
Book value - could that possibly be using selling to webuyanybike etc valuation tools?
Google suggests there is a Glasses Guide and a CAP - I can't say I've seen anyone using them

It's telling that AutoTrader doesn't give price ratings to motorcycles (unlike cars)
When it's been time for my company to sell the motorbike and I've asked the dealer to quote what they'd give me for a "cash purchase" the dealer has referred to Glasses or CAP. The quote has been insultingly low, exactly what I wanted! biggrin

ChocolateFrog

27,766 posts

179 months

Thursday 8th December 2022
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Bikes seem to be advertised speculatively a lot more than cars.

I keep an eye on Rocket 3 prices and anything under £16k sells pretty quickly, everything else sits around for ages.

sixor8

6,517 posts

274 months

Thursday 8th December 2022
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I agree with Triaguar above. The only used bike price guide I've found is on the Bikemarket. But even then it's fixed at average mileage valuations, although it does show a little arrow against older bikes if they are starting to appreciate (think early Fireblades, CBR1100 XX and R1s). You have to drill down to a specific model to get a rough valuation, you can't just put in a reg:

https://www.thebikemarket.co.uk/

Scroll down the screen to see Honda CBR 1100 Super Blackbird price guide for example:

https://www.thebikemarket.co.uk/honda/cbr/cbr1100x...

And there's always webuyanybike.com and their like, but you'd have to be desperate or not really care to use them to actually sell!


Edited by sixor8 on Thursday 8th December 09:23

HairyMaclary

3,701 posts

201 months

Friday 9th December 2022
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If speak to your local dealer for that particular model. I spoke to my local kawasaki dealer who offered me 4k for my Versys 650. I happened to visit superbike factory and asked them. They offered just over 2k!

I know they are a business but I'm amazed the difference.

Needless to say I didn't buy anything from sbf!


trickywoo

12,214 posts

236 months

Friday 9th December 2022
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SBF gave me a decent offer for a SV650 a couple of weeks ago.

Pick up etc was very well managed and they didn’t chip me on price.

I think if you have a bike they want they will give a decent offer if not it will be a go away price.