Some advice on buying/selling sv650

[DVicinskas]

Hey guys so the other day I got offered really good price for my bike and next week I will be looking to buy a bike that I will use for 6 months before I get my full license (currently on a2) I found a nice 2006 sv650 in a dealer shop that's right next to where I live the bike is at 28k miles and I am looking at doing around 3-4K miles before I sell it in 6 months so it will be at around 32k miles. Question is I can get this bike for 1.9k gbp, will I be able to flip this bike for around this price when I am selling it? If not how much will I be looking at? Is it difficult to sell a bike with 32k miles? Or should I be looking for a lower mileage bike if I want to sell it in the future? Thanks for replies, hopefully this isn't the stupidest question in the world

[tom_e]

2006 and 28k at £1900 is expensive you will lose money on that when you come to sell it.

You can pick up very clean much lower milage 04/05 bikes for around the £1500 mark and shouldn't lose anything. That's if you're prepared to buy privately.

[Ste]

If you buy from a dealer then it's very unlikely that you'd make your money back if you sold it tomorrow, yet alone in 6 months with an extra 4k on the clocks.

High mileage bikes will sell as easily as low mileage ones assuming it's priced correctly and accurately described. 28k on a ten year old bike isn't particularly high anyway.

I'm guessing the "really good price" you were offered for your bike was from a dealer?

[DVicinskas]

Nope the really good price is private for my current bike which I bought for 2.2k and get to sell for 3k in a month which is quite alright
And do you think the sv650s 2006 at 28k miles is overpriced at 1.9k from dealer? How much do you recon it should be? I saw some other examples of same bike but they are all private and different mileages. It's the fully faired one btw

[Ste]

That means the buyer has got a month to realise that the price is far too high.

£1,575 for a 2006 SV650s that's got 29k on the clocks: https://www.ebay.co.uk/itm/Light-Blue-Suzuki-SV650S-2007-New-Tyres-Crash-Bungs-Chain-FSH-Loved-/282202153925?hash=item41b48f23c5:g:H2QAAOSwknJX1bNZ

Here's some SV650s's that have sold for less than £1,900 https://www.ebay.co.uk/sch/Motorcycles-Scooters/422/i.html?_from=R40&_mPrRngCbx=1&_udlo=&_udhi=1900&LH_Complete=1&LH_Sold=1&_nkw=SV650s&_sop=16

Basically, £1,900 for a 2006 model with 28k on the clocks isn't anything special.

[tom_e]

https://www.ebay.co.uk/itm/222272838485 I'd take that one even if it is 2 years older. Much more sensible price and almost half the mileage.

[Rogerborg]

£1900 is far, far too much for a 10 year old SV650S.

This is the ceiling on private prices.

[Snowdonia Rider]

I'm close to selling my SV, not 100% sure yet but you can have it for £1400 if I do decide to sell it.
____________________
I want your clothes, your boots and your motorcycle.
Suzuki GP125 Suzuki GSX600F Suzuki SV650S KTM EXC250F SkyTeam Bongo 125
My YouTube channel: https://www.youtube.com/c/SnowdoniaRider

[tom_e]

If you want to make a really bad decision you can have this monstrosity for a bargain £1600!

For some reason the SV really suffers from owners overinflating the asking price when it comes to selling time.
https://i.imgur.com/SmyHIp2l.jpg