Changing my commute should I Part ex ors sell it privately?

[kawakid]

Hi,

I'm thinking of changing my commute in the next few months.

My current commute is an ER5 with mid 30'000 miles on it and it is an X reg.

My new commute will be an ER6n, hopefully a new one in Orange.

Anyway, the bike OTR is £3999, what sort of price should I look to get for my ER5.

To be honest I have never traded anything in before either on car or bike, I've always just sold privately.

Any advice appreciated.
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I've a twin and a 4.

[JockyT]

https://www.parkers.co.uk/motorbikes/used-prices/Valuation.aspx?plate=65&deriv=5072

Looks like you should get just over £1000 as a trade in, but the figures on Parker's may not be the latest. The dealer will have his own book and offer you a figure based on that, considering mileage condition, history etc.

What you should look at is the "price to change" as this allows for any discount on the new bike. If you are comparing dealers this is the figure you compare, not what they'll give you for your trade in.

It's worth trying to sell privately in the meantime. If you do you can walk in with cash and get a better deal. Kawasaki normally have something on new bikes so discounts are available, even at this time of year. If you wait till winter you'll get a better deal.

If you do end up trading in, set youreslf a figure to change and aim for that with haggling. Sometimes it's easier for dealers to discount extras like hugger, crash bungs, servicing.

Someone who's just bought an Er6n may be able to add more.

JT
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Current Bikes:
YBR125 - low running cost commuter
XJ600s - a bit dull but cheap and reliable first big bike

[Ste]

Sell it privately.

Part ex it and they'll give you a low price, then sell it on to someone else for more than you'd be able to sell it for privately. No idea on prices, have a look through Bike Trader and MCN to get an idea of what similar ones are advertised for.

Only advantage to part ex is you ride to the shop on your old bike then ride home on your new one, no messing around with bike trader/mcn/ebay. Depends entirely on your situation if that convenience means you're willing to accept a very low price for your old bike.

[Benj]

just really depends what your priority is ....cash or time...


if your in a rush....part exchange....

if not...sell privately for more £££
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Theory Passed!: 18th July >>> CBT Passed!: 13th August >>

[kawakid]

Thanks for the advice everyone.

I suppose I can wait for the winter.

But my local dealer is doing the ER6n at £3999 OTR with 0% finance over 30 months.

Which I don't think is bad.

I'll ask the dealer what they offer and i'll also ask my insurance company, what any extra change in premiums will be.
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I've a twin and a 4.