bike value faq
Basically I'm in the market for a bike, I just want to know some basic information about bike values.
Please specify whether the answers you give for the questions below apply to first bike, or bikes in general(or both).
what should i avoid(dropped, stunted, etc)
how old is too old?
Do the maximum age(that is suitable for buying) differ in different CC of bikes.
What km on odometer is too much?
What are things i should look out for when i am inspecting the bike in person?
how much should XXXX old bikes with XXXXX km be worth(give me as many examples as possible?
anything else i should know?
Welcome to the sport.
You seem to have a lot of questions regarding the purchase of your first motorcycle. May I suggest a few tips?
If you would like to learn about the market value of a certain motorcycle, try looking for it in (www.buysell.com), also call around to some dealerships.
If you would like to know how old is too old, I think that it would depend on how many of that machine had been sold and for how many years it had been sold. OEM's are obligated to produce replacement parts for 7 years after the last bike rolls of the assembly line, so avoid bikes that have been out of production for a few years.
Odometer readings will affect the value of a motorcycle, but that doesn't mean that a bike with 70,000 kms on it should be avoided, just that you should know the service history (how often it was serviced and by who), and ask for proof of service(receipts etc.)
As far as for what you should look for when inspecting a used bike, I don't mean to insult you (or any new rider for that matter), but chances are that you lack the abilty to effectivly "inspect" a motorcycle. Most new riders tend to get distracted by gleaming paint and polished metal, and avoid perfectly good motorcycles just because it has been "dumped". Please bring along a friend who knows more about motorcycles with you to check out a bike. You also have the option of using a provicial inspection facility.
I hope that this helps you out in your search for a first motorcycle.
thanks alot, that's a perfect answer
Yeah mechanical soundness is a big factor especially with older bikes. I bought a 1991 F2 a while back for really cheap. The thing couldn't hold an idle and when you rode it the engine wouldn't run smoothly. Lack of power all across the band too but I know it was a couple of simple fixes. New set of spark plugs, two cans of high strength engine cleaner and tightening the idle screw and the bike ran perfectly.
It pays to have some sort of a primer in motorcycle mechanics. It's not that hard to learn either. Once you start doing work on your car, or bike you just learn stuff as it comes up. All the resources on the net too.