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Devils Advocate
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Joined: 18 Apr 2009
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PostPosted: 17:23 - 09 Mar 2010    Post subject: Valuation experts Reply with quote

Need a rough price on this bike please.

07 ER6-f
3.5k on clocks,
FSH,
1 owner,
very good condition.

?
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Ste
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PostPosted: 17:30 - 09 Mar 2010    Post subject: Reply with quote

£2750
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Ditto
Nearly there...



Joined: 26 Sep 2009
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PostPosted: 17:32 - 09 Mar 2010    Post subject: Reply with quote

https://www.parkers.co.uk/motorbikes/used-prices/

For a general guide.
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Devils Advocate
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PostPosted: 17:44 - 09 Mar 2010    Post subject: Reply with quote

So 3500 would be a rip off then would it?
That parkers guide is bullshit at times though.Ive used it for selling 2 of my own bikes in the past and it always undervalues....massively.
This bike ( and others like it) are all advertised for around 3500 to 3800.
Went looking at another today and managed 200 quid off when i asked on a price for cash.
What does everyone think? 3500 worth paying?
i dont think theres much chance of haggling a dealer down from 3700 to 2750 or even 3000
Confused
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Ditto
Nearly there...



Joined: 26 Sep 2009
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PostPosted: 17:48 - 09 Mar 2010    Post subject: Reply with quote

Yeah like i said its quite general.

Its tricky to find a bike which is around the 'Private Good' price alot of the times, but gives a good idea to within a couple/few hundred pounds depending on the bike.
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Groove
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PostPosted: 17:52 - 09 Mar 2010    Post subject: Reply with quote

Why do people ask for a "cash price"? In most circumstances its more hassle, and costs more the company more for cash rather than just a debit card.
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|| Past: 1991 Kawasaki ZXR 250 ~ 2003 Honda CBR 600 F Sport ~ 2004 Kawasaki ZX6R B1H 636 ~ 1999 Yamaha R1 ~ 1999 Kawasaki ZX6R J ~ 2004 Kawasaki ZX6R B1H 636 ~ 1998 Honda VTR1000F Firestorm ~ K1 GSXR 600 Track bike ~ K6 GSXR 1000 ~ 2006 Speed Triple 1050 || Current: 2005 R1 https://www.adrucore.co.uk
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Devils Advocate
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PostPosted: 18:16 - 09 Mar 2010    Post subject: Reply with quote

Groove wrote:
Why do people ask for a "cash price"? In most circumstances its more hassle, and costs more the company more for cash rather than just a debit card.


Cash price just means paid for there and then, as opposed to taking it on finance or arranging monthly installments with the dealer.
Cash or card, makes no difference.It just means a quick no hassle sale. Laughing
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iooi
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PostPosted: 18:19 - 09 Mar 2010    Post subject: Reply with quote

Given i paid just over 3K for a 07 Versys with 6K on the clocks the price sounds about OK.
Remember you won't be able to get much knocked off the price as many dealers will have been sitting on the bike for a while and need to recoup what they paid for it. Plus its now comming upto the peak buying season.

TBH, a bike is worth what you are prepared to pay. If you like it, then pay it. If not walk away.

Cash price = No P/X... NOT paying in notes.... Only a fool pays in notes.
In fact many dealers won't take cash over a certain amount, as its a security risk and could land them in trouble with forged notes.
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robbieguy2003
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PostPosted: 18:28 - 09 Mar 2010    Post subject: Reply with quote

Most dealers these days make more on finance - a % of your APR goes to the dealer - and remember with finance you are taking a service, they're not doing it out of the kindless of their hearts, you are paying for that money.

Agree that cash offers tend to be hassle free though - quick and easy, no chance of finance failing/deposits/waiting for forms and stuff.
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Old Bikes: Suzuki Intruder 125 LC - '2001, Honda CBR 600F - '92, Honda CBR 600RR - '03
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Devils Advocate
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PostPosted: 18:30 - 09 Mar 2010    Post subject: Reply with quote

iooi wrote:
Given i paid just over 3K for a 07 Versys with 6K on the clocks the price sounds about OK.
Remember you won't be able to get much knocked off the price as many dealers will have been sitting on the bike for a while and need to recoup what they paid for it. Plus its now comming upto the peak buying season.


Thats the problem with dealers.They never need money as quick as a private seller does so its hard to haggle with the fuckers.
Ive had a good look at all the other bikes available now and there's a couple of others i could go for, cheaper, so i think i will push my luck with the first 1 and see if i can get him down another £250, or ask for either a set of textiles or some boots and gloves thrown in for the full asking price.
If they dont want to play ball, i'll go see a different one.

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Devils Advocate
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PostPosted: 18:43 - 09 Mar 2010    Post subject: Reply with quote

Another question.

If you had to make a choice between 2 bikes, same model same year, but one had 3000 miles on the clock for about £3500, or one that had no miles and a full 2 year warranty for 4000, which you go for?
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FerretFing
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PostPosted: 19:20 - 09 Mar 2010    Post subject: Reply with quote

Ste wrote:
£2750


+1

paid £2750 last year for a mint 56 plate Er6n with 1250 miles on the clock Thumbs Up
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iooi
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PostPosted: 19:33 - 09 Mar 2010    Post subject: Reply with quote

Devils Advocate wrote:
Another question.

If you had to make a choice between 2 bikes, same model same year, but one had 3000 miles on the clock for about £3500, or one that had no miles and a full 2 year warranty for 4000, which you go for?


That would depend on if I could afford the extra £500.
But given that you must be looking at a manufacture warrenty, it transfer over to the new owner. So both would have the same level of cover Thumbs Up
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Devils Advocate
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PostPosted: 19:54 - 09 Mar 2010    Post subject: Reply with quote

iooi wrote:
Devils Advocate wrote:
Another question.

If you had to make a choice between 2 bikes, same model same year, but one had 3000 miles on the clock for about £3500, or one that had no miles and a full 2 year warranty for 4000, which you go for?


That would depend on if I could afford the extra £500.
But given that you must be looking at a manufacture warrenty, it transfer over to the new owner. So both would have the same level of cover Thumbs Up


I probably should have mentioned that the one without any mileage is an unregistered 06-07 model so thats the only one with full warranty.The other one expired last year as its been used for 2.5 years already.
I cant decide if the warranty is worth 500 notes.Having a new bike with no miles is definately a big plus point, but ive been through a warranty claim before and its a pain in the ass mate.
I had to wait over 6 weeks for the claim to be processed and in that time i had to hire a car for work that costs me about 200 quid a week.
The actual part for the bike only cost about 150 quid and was easily able to be bought online, and the labour charges would've been about 2 hours, another 100 quid, so a mechanical fault that i could've had fixed in about 1 week for 250 quid, ended up costing me over 1200, purely because of the bullshit process of warranty approval and how long it takes. Thumbs Down Evil or Very Mad

I dont know what to do now Confused
Ive lost a lot of money on cars and bikes in the last 4 years and it cant happen again. Rolling Eyes
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iooi
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PostPosted: 20:42 - 09 Mar 2010    Post subject: Reply with quote

I would go for the un reg one. If i could afford the cash.

Never mind the warranty, at least you will know exactly how its been treated.

Might even find that the dealer will give you a better deal as they will be looking to off load the old stuff.
Might not be cash discount. I would be looking at either extras for the bike or some gear.
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