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timboellis
Traffic Copper



Joined: 06 Jul 2009
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PostPosted: 21:44 - 29 Sep 2010    Post subject: Cheap bike or not Reply with quote

I just passe dmy test today, however put my bike up for sale Honda Varado 125 but do no suspect a quick sale.

So as I am itching to get a bigger bike do I?

1.Get a cheap £400 pound bike to get me going

2.Hold off and get what I want for about £1000- £1200 ie Honda Deaville or BMW K100 or the like?

Any suggestions
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Teflon-Mike
tl;dr



Joined: 01 Jun 2010
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PostPosted: 22:23 - 29 Sep 2010    Post subject: Re: Cheap bike or not Reply with quote

timboellis wrote:
I just passe dmy test today, however put my bike up for sale Honda Varado 125 but do no suspect a quick sale.

So as I am itching to get a bigger bike do I?

1.Get a cheap £400 pound bike to get me going

2.Hold off and get what I want for about £1000- £1200 ie Honda Deaville or BMW K100 or the like?

Any suggestions


Why dont you expect a quick sale?

If the bikes in reasonable shape, presented as tidily as you can present it, and advertised with a good description and a sensible price tag, should sell quite readily......

Getting 12moths test on a bike before you sell, (even if its got test remaining) adds a LOT of saleability, as does the £15 to stretch the tax out to the full 12months.

Putting a little effort and a couple of quid into making the bike as marketeable as you can is a LOT better than dropping the asking price.

And, OK, its not THE best time of year to sell, but, should still sell. Lots of people buy 125's as SOON as they are old enough, so its down to birthdays, and there are a lot between September & December, OR they buy when they have the 'need', and Sixth-form college & Uni starting this time of year, give a blip in the buying public (aided by the arrival of the Student Loan Cheque, or promices to pay back parents after the EMA money starts arriving)

How fast do you EXPECT it to sell, is the other question? If you put your adds in the right places, you should be able to sell a good bike, for a good price within a couple of weeks, tops.

Thats the starting place. If 'fast' to you means 'immediete', as in get the money off some-one tomorrow, and be getting a new bike by Friday..... your probably a little ambitiouse!

PERSONALLY, I'd possibly be inclined to hang onto the Veradaro for a while longer, maybe until the T&T are due. Get some value out of it running it through the winter, rather than trying to get to grips with a 'big-bike' in teh worst weather, & then selling on in teh spring, when the market's more bouyant, & you have had time to save up a few more pennies. (From saved fuel, if nothing else!)

Would also give you more time to watch the market, see whats coming up, and spot the odd post christmas Bargain, or early season steal, & transport to go view such machines.

Maybe you can save the cash to buy outright before selling on the Veradaro, or get some-one to advance you the difference, then you can have the 'new' bike waiting sale of the 125, proceeds from which repay loan, if any, and the new insurance premium.....

Key here, I think is NOT to rush.

There will be a lot more choice in whats on offer in the early spring, and plenty of bargains to be had through the winter.

JUST becouse you have a full licence DOESN'T mean you HAVE to have a 'big-bike'..... just means you are now a qualified rider......

Congratulations on that BTW...... relax, and enjoy.... dont rush, THAT is a sure way to grief on bikes!
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Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?'
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itsallgood
Nitrous Nuisance



Joined: 28 Aug 2010
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PostPosted: 22:24 - 29 Sep 2010    Post subject: Reply with quote

Why do you think it won't sell?

What about trading it in against something else, if you don't mind taking a hit on the price?
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timboellis
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Joined: 06 Jul 2009
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PostPosted: 22:53 - 29 Sep 2010    Post subject: Bike Reply with quote

well i just put it through the MOT today so got another year on it.

just the fact that i am up here in the highlands so not as many buyers i guess, it is reasonably clean.

I will take the advise and hold on for a bit, i have it advertised localy and on ebay to test the water, and if i sell it all well and good if not will just hold off, working shifts at xmas so good time to get extra pennies in as well.
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pinkyfloyd
Super Spammer



Joined: 20 Jul 2010
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PostPosted: 23:08 - 29 Sep 2010    Post subject: Reply with quote

I'm the first to give backing for a bigger bike but at this time of year I agree with the all knowing Teflon one on this.

Keep the 125 as a hack over winter. Your already used to how it rides and you will need that experience during the wet and icy few months that are about to land on us.

In spring time get your bike on sale. Or when the tax and mot run out give it a new years life. It will sell for a lot more with an mot than it will without.

Then get yourself a bigger bike. You will have saved money up by then to get a dullville or what ever else you are after. It would work out cheaper in the long run.
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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