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Would you swop?

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eddclarke
Brolly Dolly



Joined: 10 Jul 2006
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PostPosted: 20:45 - 17 Oct 2010    Post subject: Would you swop? Reply with quote

Hey

I'm selling a 2005 FZ6n for 2500 and I have been offered a blue 1998 R1 with 13,000 miles. The bike is like new.

I was originally selling the FZ6 to buy a bike to use in the winter so I don't ruin the VFR, but an R1 could be fun...

What would you do if it was you in this situation?
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The Artist
Super Spammer



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PostPosted: 21:04 - 17 Oct 2010    Post subject: Reply with quote

Am I reading the model year correctly.

If I am, you are getting a bargain. They are worth millions surely.
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dragstaar
World Chat Champion



Joined: 18 Aug 2010
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PostPosted: 21:08 - 17 Oct 2010    Post subject: Reply with quote

eddclarke, I think we're being had here. a Chuck Norris with 13K on the clock and this guy is posting on a forum asking whether we'd "consider it". I smell a Porkie!

But... if it is true, Fucking do it
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eddclarke
Brolly Dolly



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PostPosted: 21:12 - 17 Oct 2010    Post subject: Reply with quote

dragstaar wrote:
eddclarke, I think we're being had here. a Chuck Norris with 13K on the clock and this guy is posting on a forum asking whether we'd "consider it". I smell a Porkie!

But... if it is true, Fucking do it



I'd only consider swapping if I can sell the R1 easier than the FZ6.
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G
The Voice of Reason



Joined: 02 Feb 2002
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PostPosted: 21:50 - 17 Oct 2010    Post subject: Re: Would you swop? Reply with quote

Stock jokes aside, you should be able to get an early R1 for a fair bit less than that (well, could last winter), but may not be 'like new' (though I bet it's not!)
Not sure what your bike is actually 'worth'. Second hand prices haven't really gone down over the last year as they normally would with age, but don't think they've gone up much either.
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Yarri
Crazy Courier



Joined: 18 Nov 2006
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PostPosted: 23:53 - 17 Oct 2010    Post subject: Reply with quote

Based on my research evaluating motorbike sales/pricing markets, mainly based on ebay Cool Yamaha R1 is the bike who looses most of the value when being sold in winter or around the winter time. Basically R1's can be cheaper then R6 and they are.
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DrDonnyBrago
World Chat Champion



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PostPosted: 08:42 - 18 Oct 2010    Post subject: Reply with quote

Doesn't sound like a great deal for you tbh.
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swiftb
World Chat Champion



Joined: 20 Oct 2008
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PostPosted: 12:11 - 18 Oct 2010    Post subject: Reply with quote

Even if its gleaming its really only worth around £1900 tops imo. Always seem to be a lot of price hiking on r1's and r6's.

https://www.parkers.co.uk/motorbikes/used-prices/Valuation.aspx?plate=58&deriv=4253
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Hywel
Renault 5 Driver



Joined: 11 Sep 2010
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PostPosted: 12:55 - 18 Oct 2010    Post subject: Reply with quote

The FZ6 is worth more, so if the only reason you'd be swapping is to make a buck on the re-sale then don't bother. If you just want a more bonkers bike, cant be arsed with the process of selling your current bike and don't mind loosing out on a few bob when it comes to selling the thou... well that's your decision.

Also, it may look "as new" and have relatively low mileage but it could be a track bike that the owner has re-clothed with the stock fairings for a sale, or just generally been shagged / wheelied on the odd sunny Sunday. Be careful and have a very close and critical look at the bike itself / it's paperwork / it's service & MOT history before pulling the trigger.
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Alex A
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PostPosted: 14:04 - 18 Oct 2010    Post subject: Reply with quote

Spoke to a couple of dealers recently who said they would take more or less any late model bike from a decent manufacturer but flat refuse to take Fazers on PX because nobody wants them. You're obviously finding the same trying to sell yours privately.

If the R1 is as you describe, I'd swap it for that reason. In that condition, you should get £2.5k any day. However, I very much doubt it is anywhere near perfect, and that kind of mileage must come with some serious backup (all MOTs, FSH etc.). Even then, nothing to say the owner(s) haven't disconnected/swapped clocks between MOTs.

I'd look over the whole thing very very carefully before comitting, check all the paperwork, and do a full HPI check. All being kosher, though, it would be a great bike to have.
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DrDonnyBrago
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Joined: 03 Jan 2010
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PostPosted: 14:12 - 18 Oct 2010    Post subject: Reply with quote

Alex A wrote:
All being kosher, though, it would be a great bike to have.


Until the roundhouse kick to the face kills you Rolling Eyes .
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Alex A
World Chat Champion



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PostPosted: 14:17 - 18 Oct 2010    Post subject: Reply with quote

swiftb38 wrote:
Even if its gleaming its really only worth around £1900 tops imo. Always seem to be a lot of price hiking on r1's and r6's.

https://www.parkers.co.uk/motorbikes/used-prices/Valuation.aspx?plate=58&deriv=4253


Sometimes Parkers is just useless. It depreciates bikes by a standard method and applies no premium to certain bikes and brands that do, in reality, demand a premium.

It doesn't go back to 1992, but take this example:

1994 Fireblade

A poor one commands more than the good condition private price quoted by Parkers, and a genuinely good one will set you back £2k+, even more for straight a 1992 model. If you could find one, which is bloody difficult.

Example 2:

1996 Ducati 916

<£2k for a good condition 916? Bullshit. A genuinely good one will set you back twice that, or more.

Example 3:

1994 Honda RC45

hahahahahah! If ever you needed proof that Parkers isn't Gospel. You'd be lucky to get a complete wreck for £5.5k (their price for a good one, private). You're looking at £15k plus, even for a tracked bike with tatty fairings. Much closer to £20k or more for a mint, low mileage, one owner bike.


Point is, Parkers is just a guide and doesn't actually take all that much into account but for original RRP and a standard depreciation curve set early on.

If you could find a genuinely mint 1998/1999 R1, then there is a premium attached over and above whatever Parkers has to say. A similar premium, I would suggest, to the very early model Fireblades. Especially as good ones become rarer.
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Teflon-Mike
tl;dr



Joined: 01 Jun 2010
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PostPosted: 16:12 - 18 Oct 2010    Post subject: Reply with quote

I'd look at it the other way around.... why would the R1 owner think he was getting a good deal swapping his R1 for your fazer?

Theres only a few of reasons I can think of.

The first is he doesn't want to run a gleaming sportsbike through the winter.... & wants a 'hack'.... but if the 'hack' is as valuable as the R1, then its not really a 'hack' is it? So I think we can discount that one.

Next, the R1's phucked. Been smashed, or thrashed, & re-dressed, or something, or its just started clonking or missing on gear-changes pointing to impending doom or similar.

Next is they have scared themselves stupid, put thier licence in jepordy, or realised cramped sportsbikes cause back-pains etc. & having had thier summer fun, and looking at colder weather, 'just' want something a bit more 'sensible'.

So three options, two of them are not so great for you, one neutral.

I'd say you have about a one in three chance of NOT being stuffed on this deal...........
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G
The Voice of Reason



Joined: 02 Feb 2002
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PostPosted: 17:49 - 18 Oct 2010    Post subject: Reply with quote

Want a cheaper bike to do mileage on also seems a good reason.

Thinks that the Fazer may actually be easier to sell with winter coming.

Know someone that wants a Fazer.

And various more, plus your last point I'd suggest is a few separate points Smile.
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eddclarke
Brolly Dolly



Joined: 10 Jul 2006
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PostPosted: 19:25 - 18 Oct 2010    Post subject: Reply with quote

I've decided not to go for it. I will just stick it out until the FZ6 sells (12 hours left... someone must want it!!! https://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=330483895972&ssPageName=STRK:MESELX:IT#ht_500wt_1156)

My plan is to spend half the money on a enduro bike for the winter and some dirty fun and the other half will go towards a new kitchen.

Thanks for the advice though guys
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M1ke
Ped Boi



Joined: 11 Jun 2002
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PostPosted: 21:40 - 18 Oct 2010    Post subject: Reply with quote

Personally I think something like an SV650 would be more suited to the winter than an R1 Wink
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G
The Voice of Reason



Joined: 02 Feb 2002
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PostPosted: 21:53 - 18 Oct 2010    Post subject: Reply with quote

M1ke wrote:
Personally I think something like an SV650 would be more suited to the winter than an R1 Wink

Ideal if you need some iron oxide ready for summer Razz.
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M1ke
Ped Boi



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PostPosted: 22:48 - 18 Oct 2010    Post subject: Reply with quote

G wrote:

Ideal if you need some iron oxide ready for summer Razz.


Iron Oxide adds character Wink
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Robby
Dirty Old Man



Joined: 16 May 2002
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PostPosted: 15:14 - 19 Oct 2010    Post subject: Reply with quote

A '98 R1 always looks new. Neither time, distance or gravity apply to a '98 R1.
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andy py80
L Plate Warrior



Joined: 19 Oct 2010
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PostPosted: 16:27 - 19 Oct 2010    Post subject: Reply with quote

SWAP!! : )
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The Artist
Super Spammer



Joined: 06 Jan 2008
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PostPosted: 16:28 - 19 Oct 2010    Post subject: Reply with quote

andy py80 wrote:
SWAP!! : )


I was just about to post this. Been annoying me for days.
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