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What's my bike worth?

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BillyJ
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Joined: 07 Jan 2013
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PostPosted: 08:17 - 21 Jan 2014    Post subject: What's my bike worth? Reply with quote

What do I need to prove to insurance what my vehicle is worth?
Rob gave me a heads up and told me to look at ads for the bike.

It's a 1981 CB250 RS and I found one on ebay advertised ar £1400 and one sold at £1,095. I'm also watching all the ongoing bids of the other CB's on there at the moment.

What else can I do to prove that my bike is worth more than what they will probably offer?
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mudcow007
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Joined: 01 Feb 2012
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PostPosted: 10:03 - 21 Jan 2014    Post subject: Reply with quote

dont insurers just look at the autotrader an take an average of all the prices with similar condition to your bike?

thats what they did with a car of ours that was written off?
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Wafer_Thin_Ham
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Joined: 18 Nov 2005
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PostPosted: 11:47 - 21 Jan 2014    Post subject: Reply with quote

Look on every site selling. Get ads with ones in similar condition with similar miles. Might be worth asking a dealer to give you a trade in price as well.
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andys675
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Joined: 08 Feb 2007
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PostPosted: 00:48 - 22 Jan 2014    Post subject: Reply with quote

could you insure it on a classic policy?

that way you can get an agreed price on valuation

they can look for bikes for sale the same as you, and the shitty overpriced ones for £550 will only work in their favour
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Ariel Badger
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Joined: 02 Dec 2006
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PostPosted: 23:32 - 22 Jan 2014    Post subject: Reply with quote

Why bother, do you think insurance is ever going to pay out?
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