Time to sell?....

[akaDAVE]

This is bassically the same as CoronaBoner's thread but I didn't want to hijack that one with my specific case. I'm in much the same position really, I'd be grateful for some advice if you can digest all these facts and figures!

I bought my 98 zxr400 less than a year ago privately, £1600(was up for 2k) good condition,11500 miles on the clock. It had a drop so has the accompanying scratches but otherwise very clean, cared for and looks great in black/purple metallic.
It's been the perfect first bike for me and fits like a glove. It's been good fun learning on, in fact I'm still at the beginning of the learning curve, so I don't really need a new bike at all as far as power goes anyway.

However, it is coming up to service and MOT time for the ZXR, it had 11500miles on the clock when I bought it and 13,500 now.
In another year(after winter) it will be at least 15500 miles on the clock and nearly 10 years old. :
Could it be time to sell/trade in now and make the move to an R6/GSXR that I always intended to move on to.

Although it's early, is it time to sell considering devaluation in a years time?

For the next bike I'd be looking for a low mileage(7kmiles) R6 2000/2002 model for about £3k. The R6 is my dream bike it must be said.
I haven't even got a years no claims yet but when I got insured on the 400 I took the first quote I heard when picking the bike up, and quite frankly took it straight up the arse. Looks like I could get near enough the same on an R6 fully comp. I'm 27.
Could my 8months no claims so far follow on to the R6 with the same company?
I have also been thinking about trading in the ZXR to a dealer to avoid going through the process of both selling then buying with no bike in between.
I believe I could get my money back at least in a private sale for the ZXR but willing to drop for convenience of a trade in.

As it's coming up to MOT/service time, would I be better of trading it in as it is, so the dealer can service it at cost, rather than pay someone to do it and then lose some of that money after the trade in?
____________________
GSXR600

[the grim reaper]

If it's reliable, keep it. The ZXR will lose bugger all money over winter, in fact, keep it clean, do it up a bit and you could make some cash, decent 400s are getting rare. The difference between 13500 and 15500 is nothing and why subject a nice newer R6 to the ravages of winter? Let the ZXR take the hit and buy that R6 next spring, before the prices go silly.

If you did decide to change and stay with the same company, you will continue to build towards that first years no-claims. If you change companies, you start again at zero.

Cheers

Grim
____________________
Adverts don't always work: Remember that advert, where the army are running across the desert and they have a wounded man on a stretcher. They get to a ravine, the bridge is down and a caption pops up that says, 'What are you thinking?'. I don't know about you but I was thinking, 'Christ, I'm glad I'm not in the f***ing army'.

[Barry_M2]

You can transfer your insurance from the 400 to another bike for the remainder of the policy. They will however charge you pro-rata.

If your have it in your mind you want to change, then just do it. Tidy up the scuffed pannels and you'll get more for it. ZXR4's are quite popular, it should sell fairly quickly.