‘Value’ Tagged Posts

Finding The Values For Used Motorcycles

by Allison R Thompson When it comes to buying a second hand or used motorcycle, it is crucial that you know exactly just how much the motorcycle is r...

 

When it comes to buying a second hand or used motorcycle, it is crucial that you know exactly just how much the motorcycle is really worth and not what the seller thinks it is. Today there are a number of factors which can affect used motorcycles values the main ones being its condition, the year it was built and registered and where it is located.

The easiest way for you to be able to value the price of a used motorcycle and compare this to what the seller is asking is by getting hold of a copy of the NADA Price Guide or the Kelley Blue Book. In this article we explain a little bit more about these two books along with details of some other ways you can check out the value of a used motorcycle you may wish to buy.

Firstly, let us look at the National Automobile Dealer’s Association (NADA) guide. Numerous people feel that this provides better valuation details than the Kelley Blue Book. Simply because they publish the largest number of guides, which people are able to use and have been in business since 1933. As you will soon discover their guides provide information on all types of motor vehicles not just motorcycles, which have ever been built.

Although the NADA Guide is good most people will often refer to the Kelley Blue Book simply because it is the one that they are more likely to be told about. This particular price guide has now been published for more than 80 years and over this time the publisher has made several changes including the introduction of different types of pricing guides. Also as you will soon discover when you are looking to part exchange your used motorcycle for a new one at a dealership the book that most dealers will refer to for a fair valuation is the “Kelley Blue Book Auto Market Report – Official Guide”.

Rather than actually providing a true value of the motorcycle this one provides the person using it with a suggest retail value. The value that is shown in these books is often considerably more than what the dealer would offer the motorcycle to you. If you can, get hold of a copy of this guide prior to you starting to search for a used motorcycle to buy.

By actually finding out what a motorcycles true value is will help you when it comes to actually purchasing the one that you want. Simply because it provides you with more bargaining power. But if you are finding it difficult to obtain copies of these books then why not go online instead. There are a number of sites now available which have been set up and where you can find out very quickly if the used motorcycle you are considering buying is being sold at a fair price or not.

The first site that you may want to consider using to get a proper valuation on a used motorcycle is “motorcyclebluebook.com”. This one contains information on all makes and models of motorcycles that have ever been produced and is a very simple and easy site to navigate. To get the valuation for the motorcycle you are considering buying you just need to enter the make, model and year of motorcycle. Once done an email is sent directly to you showing what the bike is valued at along with the price at which it may be sold for.

The other website that is extremely good for getting used motorcycles values from is “Edmunds.com”. Again as with the previous website mentioned this one not only tells you what the bikes are valued at but also the price at which they are likely to be sold at. But in order for you to get the best deal possible on a used motorcycle is for you to compare all the figures the websites and books mention provide against what motorcycles are being sold for locally to where you live.

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