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How much would you pay?

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True Blue
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Joined: 09 Feb 2003
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PostPosted: 21:26 - 30 Mar 2004    Post subject: How much would you pay? Reply with quote

I was looking at a GRXR600 K1 tonight. It was a 2001, 51 plate. 12000 miles. It had a two very small scuffs and what looks like a stone chip on the lower fairing but nothing too serious.

It also comes with a cover, two paddock stands, scorpion can + original. Harris hanger for can (rear pegs removed, pegs supplied), LED brake light. Blue double bubble screen. Crash bungs ( Crap ones that go through fairing ) and a FSH. It has had two owners too.

Oh yeah I would also be getting him to through in a Cat 1 Toad alarm.

That's all I can remember Thinking

Anyway, I was just wanting some opinions on what you peeps think I should pay if I were to buy it. I'm seriously thinking of buying it. But it's arse trembling stuff.

The guy was wanting £4200 but I got him down to £4000.

What do you think? Confused
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stevo as b4
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Joined: 17 Jul 2003
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PostPosted: 21:43 - 30 Mar 2004    Post subject: Reply with quote

Is it a dealer or a private sale? I dont know if GSXR's hold a better price than ZX6R's like mine, but a 2001 zx6 can be had for around £3500-£3800 on a private sale, but you could pay say up to £4200 at a dealer. The bike has a fair few extras, which you should only give any more for if they are things you want. I would say the Alarm is the most desirable extra, is it Datatagged? If the bike is clean and shows no signs of wear or abuse then i would say £4000 might be a fair price. The fact that the previous owners have added lots of extras could mean that they just liked changing things to personalise the bike, or it could mean that its had 2 thrash happy owners. I would personally always try to buy a secondhand bike with a std exhaust, even if i want to add a noisy pipe myself, but thats just my opinion. Check condition of the chain and sprockets, and if the tyres are worn, as these are good bargining points, that you should expect another £200 or so off if they need changing. If possible i would also check the steering with the front wheel off the ground, as any play or notchiness in the steering head bearings could indicate wheelie abuse etc. Make sure you get a reasonable test ride on the bike too before you buy!
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True Blue
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Joined: 09 Feb 2003
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PostPosted: 21:47 - 30 Mar 2004    Post subject: Reply with quote

It's a private sale. Also it's for sale quite close to me with counts for a lot as most bikes I have seen for sale which interest me are all 200 plus miles away Confused

It has two new tyres. The exhaust is brand new almost. He has reciept to prove this. he said he is selling due to a back injury.

It is datatagged too and has recently had a service ( 200 miles ago or less )
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Ste
Not Work Safe



Joined: 01 Sep 2002
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PostPosted: 21:59 - 30 Mar 2004    Post subject: Reply with quote

Have a look through Bike Trader, compare what else you can get with an asking price of about 4500-4700 (as you should be able to haggle that much and get it down to 4200 easily).

Sounds like a reasonable deal to me, obviously assuming the bike is all okay etc.

Quick question; the mushrooms, generally the ones which go trhough the fairing (and then bolt to the engine mounts) and the ones to go for, as opposed to the ones which bolt to the fairing and just rip off taking bits of fairing with em.
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True Blue
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Joined: 09 Feb 2003
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PostPosted: 22:12 - 30 Mar 2004    Post subject: Reply with quote

Ste wrote:
the ones which go trhough the fairing (and then bolt to the engine mounts) and the ones to go for, as opposed to the ones which bolt to the fairing and just rip off taking bits of fairing with em.


Shows you what I know Confused

Cheers, yeah I looked through the bike trader, and there's not much in this issue. Like I say the bike is for sale only a few miles away which is worth a couple of hundred to me IMO.

I'm just a bit nervous about spending large sums of cash Wink

Also I'm not much of a haggler. - will you take 400 grand for it, No? ok then Rolling Eyes Laughing
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Ste
Not Work Safe



Joined: 01 Sep 2002
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PostPosted: 22:30 - 30 Mar 2004    Post subject: Reply with quote

True Blue wrote:
[Also I'm not much of a haggler. - will you take 400 grand for it, No? ok then Rolling Eyes Laughing

He can't be much of a haggler then either. Wink Razz

Offer lower than you want to pay, as that will give you a good bit of room to them work up and "met in the middle" so to speak.

Be prepared to just walk away. Offer an amount, he says no, thank him for his time and leave. Give it a day or so, then call him back if he hasn't called you already. He wants to sell it so remember that Smile.

Try and find something wrong with it, marks on the bodywork, worn brake pads, something which will need changing or decreases the value of the bike, as that is a good haggling point.

Good luck. Thumbs Up
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True Blue
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Joined: 09 Feb 2003
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PostPosted: 22:33 - 30 Mar 2004    Post subject: Reply with quote

Laughing Laughing Laughing must pay more attention to my typing.

I think if he gave me it for 4 grand instead of the 4200 quid asking price that would be fair, wouldn't it?

I'm too used to buying from dealers that's my problem Rolling Eyes
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needa400
Borekit Bruiser



Joined: 27 Mar 2004
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PostPosted: 10:28 - 31 Mar 2004    Post subject: gsxr Reply with quote

Hi
Realistically this guy knows he cant ride his bike, so her probably looking at a minimum of £3800 depending on whether he wants a quick sale. Just pick up on anything wrong with it! Any chips, brake pads, scored discs absolutely anything that will get the price down!
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Luke_Retrofly
Silly Lesbian



Joined: 05 Jul 2003
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PostPosted: 10:56 - 31 Mar 2004    Post subject: Reply with quote

Hi
Haggle gim down as far as he will go. Say something stupid lke £3500, then go on from there. I would go there with a price in mind, its not you selling the bike afterall. You miaght say £4k and he was thinking £3.8k, so he'll bite your hand off. Go low, then haggle. Start of high you'll lose Thumbs Down .

But that price does sound good though Thumbs Up .

Luke
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True Blue
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PostPosted: 17:53 - 31 Mar 2004    Post subject: Reply with quote

Well I was on the phone to him today. iI kept pushing him but he wasn't going lower than 4 grand. As he is giving up biking he is giving me a lot of stuff with the bike like the paddock stands, cover etc.

Clearly he wants to get rid of the bike quickly. But also I want to buy a bike quickly. It's the first one I've seen for sale anywhere near me at that price.

He said he would throw in an almost new helmet. Before you all say - Don't wear it, you don't know if it's been dropped... Wink , I know. He said he had only worn it 6 or 7 times. I should be able to tell if this is the case. Anyway I only want it as a spare in case I have a pillion out on the bike.

I had the HPI check done and it checked out fine. Smile

I also looked at any other ads I could see and while I don't think it's the best deal ever, it doesn't seem that bad. Like I say, I don't have much too choose from up here Confused

So I'm thinking I might go for it.
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Fat Controller
Two Stroke Sniffer



Joined: 24 Mar 2004
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PostPosted: 19:52 - 31 Mar 2004    Post subject: Reply with quote

Just looked up the CAP guide for you.

GSX-R600 K1 2001 51 plate 10000 miles

CAP Retail - i.e showroom - £4225
CAP Clean - i.e good cond private - £3575 (exceptional cond, mech sound, std colours, free of dents and scratches, 1mm+ tyres All docs available)
CAP Average - £3300

Check that the Toad alarm is CAT1 for bikes - could be for cars only I think.

The alarm should be no more than £270 see www.insurancesecurity.co.uk/cart

So £3400 + £270 + whatever you want to pay fro paddock stands sounds a good deal to me!
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Fat Controller
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Joined: 24 Mar 2004
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PostPosted: 19:54 - 31 Mar 2004    Post subject: Reply with quote

Just looked up the CAP guide for you.

GSX-R600 K1 2001 51 plate 10000 miles

CAP Retail - i.e showroom - £4225
CAP Clean - i.e good cond private - £3575 (exceptional cond, mech sound, std colours, free of dents and scratches, 1mm+ tyres All docs available)
CAP Average - £3300

Check that the Toad alarm is CAT1 for bikes - could be for cars only I think.

The alarm should be no more than £270 see www.insurancesecurity.co.uk/cart

So £3400 + £270 + whatever you want to pay fro paddock stands sounds a good deal to me!
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True Blue
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PostPosted: 19:59 - 31 Mar 2004    Post subject: Reply with quote

I don't know much about this CAP guide as I've never seen it. Those prices, based on the bike being average for the year seem pretty low. I have certainly never personally seen a bike of this age advertised much lower if at all than 4 grand. Confused
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Fat Controller
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Joined: 24 Mar 2004
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PostPosted: 20:09 - 31 Mar 2004    Post subject: Reply with quote

Check the auto trader link and decide

https://atsearch.autotrader.co.uk/WWW/bikes_search.asp?modelexact=1&make=SUZUKI&model=GSXR&ccappr=&min_pr=3000&max_pr=4000&postcode=g2+0jr&miles=1500&max_records=200&source=1&sort=5&search=SEARCH

There are bikes less than £4K of that age. CAP is a trade guide - similar to Glasses - but much better for bikes
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True Blue
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PostPosted: 20:51 - 31 Mar 2004    Post subject: Reply with quote

I had a wee look there. There is only one which is less than 200 miles from me. It's 3800 and looks a good deal but it's still 150 miles away. At least four hours round trip for me. I think I have to pay the price for the lack of bikes up here. Sad

To be honest, I'm not going to not buy a bike for the sake of a couple of hundred quid. The convenience of buying a bike in Glasgow is a big plus for me. I'M A LAZY GIT Laughing
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