Ballpark figure

[TravisBickle]

A friend of mine is interested in a 62reg Hornet 600 that a customer of his has for sale. Problem is the bloke selling it won't say how much he wants for it. He just keeps saying make me an offer. My friend is having difficulty pricing it - doesn't want to insult the man but likewise doesn't want to pay more than he has to either.

There's nothing this late this this high mileage on the market, making it difficult to value.

Flat battery so can't confirm exact mileage at this stage but suspected between 70k and 75k (MOT showing 65k at last MOT in 2017 but rider had a full year's use out of it, before the MOT expired, commuting to London and back so suspected between 70k and 75k now).

Has sat for 4 years and not turned a wheel.

Bloke selling it is keen to point out two brand new Michelin tyres 4 years ago (literally only mileage they have done is home from the tyre shop and the bike has sat since then for 4 years) but my mate and I reckon they probably want replacing now anyway if they've sat for 4 years probably perishing and/or out of shape?

Needs a new battery

Needs chain and sprockets

Brakes are rusted and want attention.

Offered him £1,000 for it 4 years ago when it was on the road and the bloke turned his nose up at it. But time has moved on since then and clearly the bike isn't worth what it was then.

We think it's gonna be around £500 to get the bike in a condition my mate would be comfortable with riding.

Not immaculate but by no means tatty either.

Anyone care to give their opinion on its current value? We're thinking £750 to £1,000 max. But my mate reckons he's unlikely to accept £750.

It's the usual thing isn't it, everyone always thinks the bike they're selling is worth more than everyone else does.
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[c_dug]

It's amazing what bikes fetch these days. Unless they're a real lemon most running bikes over 600cc fetch north of £1500, often over £2000.

I'd be trying for £750 too but honestly if it went on eBay I'd be surprised to see it go for less than £1000.

For comparison my K1300GT has a blown engine and is on eBay, granted the bike is a different kettle of fish to a Hornet 6 but I'm still expecting in excess of £1500 for it.
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I am a bellend, I am a man of constant sorrow, I am a gummy bear, I am a rock.

[TravisBickle]

Yeah that's pretty much what I thought TBH.

When he said to me about it my initial reaction was £1,000 to £1,500 but then he mentioned all the bits that need doing to it and I came round to agreeing with his gut instinct of £750 to £1,000. Just because you could go out and spend £2,000 on something half tidy so with all the work it needs doing to it makes it hard to justify paying more than £750.

Like you say finding anything for under £1,500 is a mission these days. Even lemons
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[A100man]

70k Hornet stood for 4 years? Thats spares or repairs territory IMO . My opening gambit would be 500 quid. If he thinks that an insult so be it. Unless you're set on that model there's plenty else out there MOT and running for less than that would cost 'all in'.
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Now: A100, GT250A, XJ598, FZ750

Then: Fizz, RS200, KL250, XJ550, Laverda Alpina, XJ600, FZS600

[TravisBickle]

Ideally he's after a Bandit 1250 but does have a soft spot for the Hornet also. He doesn't want to spend more than about £2,000 tops but also wants something mint for that price.

Narrows the choices down a bit, huh?
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[TravisBickle]

So you think £750 is more than a fair offer?
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[c_dug]

This is how I'd look at it, you say it needs a new Battery, Chain and Sprockets, brakes rebuilt, fresh tyres, and realistically it's going to want fresh oil and filter and an MOT too.

Battery - £50
C&S - £100
Brake rebuild - £100? Depends on what it needs but call it that
Oil and filter - £50
Tyres - c. £300 fitted for premium sports touring tyres
MOT - £30

I make that £630 not including your time.

I think you'd do well to get all of that done in a day, so call it 8 hours and let's say you're a cheap date at £20 an hour, so call it £160.

So we're at basically £800 not including the bike.

If you call it £1000 for the bike you're £1800 all in, and to me I'd rather go and buy a running bike for that money than spend the time and effort on a bike that's been sat 4 years and might not even run nicely after all that. Who's to say it doesn't have blocked injectors or something from sitting about?

At £750 you're at £1550 to have the bike on the road, and that's probably more like the point where it's worth your time, in my opinion. Just.

It's tricky because somebody will pay more for it undoubtedly, but that somebody would not be me.
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I am a bellend, I am a man of constant sorrow, I am a gummy bear, I am a rock.

[jeffyjeff]

[A100man]

[DJP]

[Irezumi]

[trevor saxe-coburg-gotha]

If it's never had a valve check, fork oil, linkage greased and needs chain and sprocket, plus all the stuff c_dug and irezumi cited, you're basically going to have to pay me to take it to the tip
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"Life is a sexually transmitted disease and the mortality rate is one hundred percent."

Mobylette Type 50 ---> Raleigh Grifter ---> Neval Minsk 125

[slowasyoulike]

As has already been said, some loon will probably pay a grand for this if it reaches eBay... just don't let it be you! I've bought heaps like this many times in the past, but only at a price that reflects the fact that it needs parts and (potentially) a considerable amount of work.

Based on the description of the nail in question, if the seller was holding out for more than £400 then I would keep walking.

[JustinW]

If you offer £750 the bloke can only counter offer higher than that.
Offer £500 and £750 would be a reasonable deal price where both feel they did well.

[Polarbear]

It's a non runner unless he supplies a battery and proves otherwise. I suspect he doesn't want to go down that route because more problems will come to light.

£500 max but in reality I'd never touch it. I have a Yamaha 600 fazer in my garage that hasn't turned a wheel in two years. I know it was running fine the last time it was used and it's done under 30,000 miles. I wouldn't pay £500 for that either as a non runner.
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Triumph Trophy Launch Edition

[TravisBickle]

He did buy it in the end, and he paid £750.

In the process of doing it up now. Just gonna need the basics like battery, tyres, brakes, chain and sprocket, full service etc. should be a decent bike for the price he paid. I know it's only a Hornet 600 but it's a very late model. It starts and runs nicely. He's a car mechanic so able to do the work himself in his spare time. It's got a full Honda service history but 70k+ miles.
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[TravisBickle]

[TravisBickle]

I take what a lot of you guys are saying along the lines of "just go and buy a bike good to go for £1500 to £1800" but in reality any bike you buy for £1800 is going to need SOMETHING doing to it. E.g. a tyre or fork seals or something. To get a pristine bike like this abolutely ready to go, no work needing doing whatsoever I think you're looking more along the lines of £3,500? Especially as, despite the mileage, this is a late Hornet 600 2012???
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[DrSnoosnoo]

That was a good price if I'm honest. Used old bikes are expensive these days! and they all need work doing to them. The trick is being able to see what needs doing and being able to do it yourself rather than paying someone else to do it.
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I'm Sam; Northern, Ginger, Lover
Did have: '95 ZZR600 '83 CG125 '97 ZZR1100 '15 Hypermotard 821 SP Do Have: '10 ZX10R

[stevo123]

If the guy selling it is such a dick that he can't come up with a price I would look elsewhere. Stinks of hassle and regret.
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Honda XL125-Yammy DTR125-Honda NSR125-Yammy TZR 250-Aprilia RS125-KTM RC 125-
KTM RC390-Kawasaki Ninja 636-KTM Duke 390

[TravisBickle]

[TravisBickle]

On the same subject - not really worth making another thread on the matter:

I have been offered a 51reg CB500 non runner as spares by a friend. It's his mum's bike, she lost interest in it. Sat in the garage for years and eventually wouldn't start any more - presumably fuel/carb issues. I've been told it was in good running order when it was parked up so engine probably good.

I wouldn't keep the bike, it would have to be a project with a margin in it for profit.

I have some very basic mechanical ability but anything like carb cleaning and balancing would deff have to go to my man up the road and part with £££ for the labour.

Tank and fuel lines are currently disconnected. Not sure what else it needs but can get more info later.

There's three I can find on AutoTrader:
£995
£1,600
£1,790

I have to be realistic and assume any finished project would fetch a maximum of £1,000.

Back to original question - what's it worth me parting with in its current state???
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[Fat Angry Scotsman]

[TravisBickle]

We're flat out at work at the moment I barely have time to do admin and open letters/emails.

I have to be realistic and say £45 per hour minimum.

I was kinda hoping it would be something I could do in my 'spare time' and so what I consider my time to be worth less relevant.

But when you don't have any spare time and would have to make time for it at the expense of something else, it's a pertinent point you raise!
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport

[TravisBickle]

So let's assume I have to pay someone else to do all the work for me LOL
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2007 Yamaha FZ1 S Fazer
2021 Honda CMX500 Rebel S
2016 Triumph Tiger 1050 Sport