Price guide

[debdimps]

Hey all,

Had this interesting site sent to me via email

https://www.parkers.co.uk/pricing/used_bike/

Mines worth less than i thought

(sorry in advance if its been posted before)
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CBR 600Fi (PGM) in BRIGHT YELLA! (sold)

[colin1]

parkers prices tend to be a bit higher than what things go for on ebay
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colin1 is officially faster than god

[Annabella]

Mine's not on there


Parkers are rubbish!
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I did Cadwell!
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[Itchy]

thats wayy too optimistic a poor M reg (a year newer than mine) for £1200 good and £745 poor? ,

not ITRW ,
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Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.

[NC30UK]

My bike doesnt exist!

I've been riding around on thin air for the past 2 years!

[Adam.I]

For the older vehicles, you have to pay.
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Veni Vidi Vici

[steveh]

[CoronaBoner]

"MARKET
Classic Suzuki Blue or yellow paint schemes hold their value best, the Alstare Corona bikes lose value more quickly."

Is that true? my dealer said the Corona rep holds its value the most!![/i]
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2004 RSV Factory

Cluck cluck chicken

[marc_yorks]

great,mines booked at £ 5325
grab yourselves a bargain !
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Don't make me blue

[marc_yorks]

[no_shad]

Parkers is free and I don't believe it is updated very often. ie different times of the year the value still remains the same.
Dealers pay for the little books they use, why don't they just use parkers?

Narks me when people try to sell their bike at what parkers recommends plus a little optimism, then complain they are not getting much buyer interest.

As you can probably tell I'm not a fan of Parkers' price guide.

Long live supply and demand!

[marc_yorks]

[Bully27]

Dealers tend to use Glass's Guide or CAP Guide for realistic values. The reason Parkers is so "optimistic" with it's values is purely because it's for sale to the public, so if you picked it up in the newsagents, looked up your bike and saw that it was worth £500 less than you expected, you'd put it down it disgust. It just tells people (usually) what they want to hear. If you want a true value of your bike, try selling it, or ask a dealer how much they would give you for it as a straight purchase (ie no px - therefore no profit margin from a new bike to dip into).

Sorry just Parkers guide is such a comic..not really worth wipin your arse with tbh )

And yes, I am a salesman, but with cars not bikes.

[map]

[Jack_Cheese]

I've always used the 18% rule for vehicles, ie. 18% depreciation per year of ownership for an average condition one. It puts my 5 year old cagiva at £1100, but i've seen them go from 800 to 1600. Quite a price margin, but the paperwork, mileage and attention to detail probably affect the value quite a bit.

Jack
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[Itchy]

18% is a bit optimistic , drive new vehicle off a forecourt and you lose 40% instantly.
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Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.

[ram_doom]

[owdamer]

Mines not there. It says yzf750r 93-96, but then only lets you select 1993...
Wouldn't sell mine anyway.

[stevo as b4]

No i think parker's is a waste of time really. I always go by what people and dealers are selling similar bikes for in MCN etc. There is also no variation for mileage which will also affect used values between similar machines of the same year of manufacture.

I have a what i think is a reasonable secondhand value for my bike, which is low mileage compared to the average, for my machine and model year. I i can get within £100 of that value for it in a few months time i'll be more than happy!

[Fadel]

Haha, I like the prices i'm getting


Gilera DNA 50 2002/51 It cost me 500, 700 exchange haha

[swanny]

went to esb in bolton today

had a p reg rf600 on at 2200..
offered me 700 for my V reg er5 (inc datatool, datetag rack etc )

so i'm down 400 on the parkers book on mine.. but theirs is 300 quid up..
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M SWANNY.. see a sig !

[Harold_Shand]

Parkers are cool for insurance claims, though. I think got £800 - £900 for a J reg Nova that was written off.
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Harold_Shand's theory might be the best explanation.