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Anyone got experience of part exchanging a bike?

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s44678
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PostPosted: 09:05 - 12 Aug 2008    Post subject: Anyone got experience of part exchanging a bike? Reply with quote

....for another bike?

Bought my bike (04 blandit) in April for £2.2k having done just under 4k. It had no stamped service history, the bloke I bought it off had just serviced it himself. Well I've put another 3k miles on it and so its due another service.

But I want to part exchange it soon.

My question is; is it worth me having it serviced before I part x it? Would it be worth more money like that? Or should I just let them do it and accept a lower value for it?

It could also do with a few other bits doing (new sprocket, indicator is cracked) so again is it worth doing these before selling it, or just accept the reduced price?

And are you likely to get better part x price than if you were selling it privately (as you generally do with cars)?

Cheers for any advice.
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AppleJoe
Brolly Dolly



Joined: 02 Dec 2007
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PostPosted: 13:08 - 12 Aug 2008    Post subject: Reply with quote

Surely you would get a better price going the private route, rather than part exchanging? As you have to allow for the dealer mark up etc.
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Ste
Not Work Safe



Joined: 01 Sep 2002
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PostPosted: 13:13 - 12 Aug 2008    Post subject: Reply with quote

You'll get a better price selling it privately rather than part ex'ing it, just the same as with cars. Thumbs Up

You'll be able to sell it more easily if you service it and do the few other bits than need doing, but I'd have thought the cost of doing it all will be more than how much extra you'd be able to sell it for compared to selling it now as it is.
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s44678
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PostPosted: 13:24 - 12 Aug 2008    Post subject: Reply with quote

yeah, I just read that other thread about part-x, and consensus seems to be you'll get a better price privately, although its more hassle.

Ste, thats pretty much what I'm trying to work out; whether the cost of doing it all is worth it. suppose you get more people interested if its all spick and span.

Do you know if the lack of service history if I dont get it serviced will be a problem?
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petemell
Trackday Trickster



Joined: 01 Apr 2008
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PostPosted: 14:27 - 12 Aug 2008    Post subject: Reply with quote

Most buyers wouldn't be worried about service history on a bike with such low mileage. It has probably only had a couple of oil and filter changes anyway.

Last edited by petemell on 18:46 - 27 Nov 2008; edited 2 times in total
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Chrispy
Nova Slayer



Joined: 08 Mar 2008
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PostPosted: 21:19 - 12 Aug 2008    Post subject: Reply with quote

Quote:
Best thing to do is get a fresh MOT done


Agree entirely.

All the obvious things apply - keep all receipts of any work done, parts etc - good tip is to present these with your all your vehicle docs neatly - spend a quid on an A4 document folder to put them in.

Touch-up, clean and polish lke you've never done before and when you've done this resist the temptation to take your bike out.

Again, the obvious stuff like clean & lubricate chain - it should look so good you have second thoughts about selling it.

All contributes to the buyers belief you've looked after your machine - You'll sell quicker and get closer to the price you want.

If selling privately, have something cheap in reserve you can throw into deal - disc lock, rain suit etc.

Private sale -
Pro's= more dosh
Cons = timewasters, advertising costs, fraudsters

Part-ex -
Pro's = Less hassle, no ad costs, no risk, no buyers remorse
Cons = Less Dosh (i.e. Dealer offers much less than market value so can build in their mark-up).
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petemell
Trackday Trickster



Joined: 01 Apr 2008
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PostPosted: 21:45 - 12 Aug 2008    Post subject: Reply with quote

Yes, getting a fresh MOT done will put any buyers mind at ease knowing it has just has a thorough check over and is safe.

Service history means nothing on a low mileage bike.


Last edited by petemell on 18:49 - 27 Nov 2008; edited 2 times in total
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Psychonaut
Spanner Monkey



Joined: 10 Jun 2005
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PostPosted: 08:38 - 13 Aug 2008    Post subject: Reply with quote

When I p/x my 125 for the 600 we agreed a price 2 weeks before and when I took the bike in I had all the paperwork (manual, service book etc) in my rucksack. I gave the guy the keys and the log book but in my excitement of getting my new 600 forgot to give him the contents of my bag. They never asked for it either, as they had my address.

So I'd say no don't bother servicing it as all the lovely stamps in my book were a waste of money. Now I do my own servicing Thumbs Up
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s44678
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PostPosted: 12:18 - 13 Aug 2008    Post subject: Reply with quote

Thanks for all the info.

Although I'm such a lazy bastard that accepting less dosh without the hassle of having to clean and list the thing for sale actually seems reasonable.

My attitude to money is a serious character flaw Sad

Anyone want to come round to clean and sell it for me, and i'll give you a cut.... say 7.5% of the selling price?
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