Looking for your input

SES2009 · December 22nd, 2011, 10:50 PM

Hello I joined a while back ago and have been busy with work so I haven't been on th forum much. I would really appreciate everyone's opinion on a used "non ninja" bike.

I went and looked at a 2008 Daytona 675 with 8k miles on it, the owner originally wanted $5300 but offered $4800. He accepted my offer an is including a pitbull rear stand and front stand. so now I would like to ask if $4800 is a reasonable price to pay for an all stock 2008 daytona 675.Oh yeah it does have frame sliders and front and rear spools..

PLEASE HELP ME DECIDE!!! I really love the Daytona and am ready to buy it tomorrow but don't want to make a bad choice because I am all giddy.. Lol
Regards,

Sean

Nemesis · December 22nd, 2011, 11:08 PM

You offered $4800 and got it. On top of that he's throwing you pitbull stands which is worth $100 each.

So, what's the problem? Are you thinking of asking him to lower the price even more? Or think you should look elsewhere for a lower price?

The bike's worth whatever you're willing to pay. $4800 for an '08 w/8K miles seems like it's in the ball park figure.

SES2009 · December 22nd, 2011, 11:22 PM

Quote:

Originally Posted by Nemesis

You offered $4800 and got it. On top of that he's throwing you pitbull stands which is worth $100 each.

So, what's the problem? Are you thinking of asking him to lower the price even more? Or think you should look elsewhere for a lower price?

The bike's worth whatever you're willing to pay. $4800 for an '08 w/8K miles seems like it's in the ball park figure.

You bring up a good point... I am really torn and would like a newer bike the 09+ models have some changes I like. $4800 is the lowest he will go since that's what he owes on his loan. So in my opinion the bike is worth it but I do value other people's opinions as well. It helps me stay grounded so to speak....

Nemesis · December 22nd, 2011, 11:26 PM

What? He doesn't have the title in hand?

Personally I don't deal with sellers unless they have the pink slip with them. Some are okay with it so long as they can confirm with the lien holder that it's transferable and such. If you do decide to go through with this just make sure you do your homework.

SES2009 · December 22nd, 2011, 11:32 PM

Yeah no doubt I defenetly feel you on the pink slip... He says the loan is with a local credit union so I would be able to get the title at the bank with him when he pays it off. The guy was very nice and we talked for a good hour, he even let me test ride it which I thought was nice considering I would be very hesitant without having cash in hand.

Cazper · December 23rd, 2011, 12:54 AM

As far as "worth" goes... KBB calls an 08' 675 to retail at $5,800 and trade in at $4,000 and an 08' 675 SE to retail at $6,200 and trade in at $4,300.

NADA (which is usually closer) low retails the 08' 675 (in Vegas) at $4,100 and average retail at $5,400.

All that being said... if it's the bike you want and it's in good condition and he's willing to throw in the stands... it's a deal I would feel fairly comfortable with

But, as was stated above... I wouldn't walk away from the deal until I had title in hand... so unless you're willing to spend some time with him so that you can follow him to the bank and get the title... well that one's on you.

EsrTek · December 23rd, 2011, 04:33 AM

My bike is financed at a local Credit Union, as for the titles I have asked and they said it's very simple. We both go in, me and buyer, buyer pays bank payoff amount. Bank signs title, I sign title and buyer signs it last. Bank sends that in to state and they mail the new owner the title (in his name).

May seem like more to do, but that will take 5mins to do at bank, and 2 weeks or so for the title to get to new owner.

I have bought several cars like this and never once had any issues getting titles !!!!!

People who advise just simply not to deal with someone who has a bike financed via bank, I would say are overly paranoid.
Not everyone in the world can afford to pay-off a loan (plus wait the few weeks for title to come in) just to turn around and sell the bike/car.

SES2009 · December 23rd, 2011, 12:54 PM

Thanks for all the input I really appreciate it!!! So, I decided to get the bike and as was stated by Eric the bank has the title locally and will be able to do all the legal stuff once the loan in paid off. I will post a new thread once I get and post some pictures.

Thank again fellas:-)

pathfinder · December 28th, 2011, 10:16 PM

One thing to keep in mind is the KBB and NADA retail values are based on dealer retail which tend to be much higher than private party deals. I would use 80-85% of the KBB retail value as a rule of thumb to put a price on a bike in a private transaction, esp. if it is a cash deal.

Usually in an economic climate like this, buyers tend to have much better leverage in a one-on-one private party cash transaction. Regardless, at the end of the day, if you are satisfied with the bike that is all it matters.

SES2009 · December 28th, 2011, 10:49 PM

Thanks for the input I hope this thread helps other buyers especially with "if your happy with your purchase that's all that matters".

December 22nd, 2011, 10:50 PM	#1
SES2009 ninjette.org member Name: Sean Location: Las Vegas Join Date: May 2011 Motorcycle(s): 2009 Ninja 250R Posts: 133	Looking for your input Hello I joined a while back ago and have been busy with work so I haven't been on th forum much. I would really appreciate everyone's opinion on a used "non ninja" bike. I went and looked at a 2008 Daytona 675 with 8k miles on it, the owner originally wanted $5300 but offered $4800. He accepted my offer an is including a pitbull rear stand and front stand. so now I would like to ask if $4800 is a reasonable price to pay for an all stock 2008 daytona 675.Oh yeah it does have frame sliders and front and rear spools.. PLEASE HELP ME DECIDE!!! I really love the Daytona and am ready to buy it tomorrow but don't want to make a bad choice because I am all giddy.. Lol Regards, Sean

December 22nd, 2011, 11:08 PM	#2
Nemesis CVMA #74 WSMC #750 Name: Nemesis Location: On the track Join Date: Oct 2009 Motorcycle(s): All of them Posts: A lot.	You offered $4800 and got it. On top of that he's throwing you pitbull stands which is worth $100 each. So, what's the problem? Are you thinking of asking him to lower the price even more? Or think you should look elsewhere for a lower price? The bike's worth whatever you're willing to pay. $4800 for an '08 w/8K miles seems like it's in the ball park figure. __________________________________________________

December 22nd, 2011, 11:26 PM	#4
Nemesis CVMA #74 WSMC #750 Name: Nemesis Location: On the track Join Date: Oct 2009 Motorcycle(s): All of them Posts: A lot.	What? He doesn't have the title in hand? Personally I don't deal with sellers unless they have the pink slip with them. Some are okay with it so long as they can confirm with the lien holder that it's transferable and such. If you do decide to go through with this just make sure you do your homework. __________________________________________________

December 23rd, 2011, 12:54 AM	#6
Cazper ninjaholic Name: Dustin Location: Oceanside, CA Join Date: Jun 2010 Motorcycle(s): 09' SE 250R (sold), 03' ZX-6R, 99' XL1200C SP Posts: A lot. Blog Entries: 3	As far as "worth" goes... KBB calls an 08' 675 to retail at $5,800 and trade in at $4,000 and an 08' 675 SE to retail at $6,200 and trade in at $4,300. NADA (which is usually closer) low retails the 08' 675 (in Vegas) at $4,100 and average retail at $5,400. All that being said... if it's the bike you want and it's in good condition and he's willing to throw in the stands... it's a deal I would feel fairly comfortable with But, as was stated above... I wouldn't walk away from the deal until I had title in hand... so unless you're willing to spend some time with him so that you can follow him to the bank and get the title... well that one's on you. __________________________________________________ 09' SE Ninja 250R $2,547.83 worth of mods installed... come on Unregistered, you know you want to know what? Check my Blog "Modification List"

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Pants Input	Dredgshadow	Motorcycle Gear	8	February 14th, 2014 05:18 AM
Hello everyone...Want some input on this bike	Lakeshow	General Motorcycling Discussion	4	September 28th, 2012 08:47 AM
Need some input on which bike?	meeshee	General Motorcycling Discussion	46	August 11th, 2010 06:05 AM
Need forums input!	DEXSPEED	Motorcycle Gear	21	May 31st, 2010 10:28 AM
I REALLY need your input	Sailariel	Off-Topic	90	September 19th, 2009 11:02 AM

December 22nd, 2011, 11:32 PM	#5
SES2009 ninjette.org member Name: Sean Location: Las Vegas Join Date: May 2011 Motorcycle(s): 2009 Ninja 250R Posts: 133	Yeah no doubt I defenetly feel you on the pink slip... He says the loan is with a local credit union so I would be able to get the title at the bank with him when he pays it off. The guy was very nice and we talked for a good hour, he even let me test ride it which I thought was nice considering I would be very hesitant without having cash in hand.

December 23rd, 2011, 04:33 AM	#7
EsrTek ninjette.org certified postwhore Name: Eric Location: Murfreesboro, TN Join Date: Jun 2011 Motorcycle(s): '13 300 Posts: A lot.	My bike is financed at a local Credit Union, as for the titles I have asked and they said it's very simple. We both go in, me and buyer, buyer pays bank payoff amount. Bank signs title, I sign title and buyer signs it last. Bank sends that in to state and they mail the new owner the title (in his name). May seem like more to do, but that will take 5mins to do at bank, and 2 weeks or so for the title to get to new owner. I have bought several cars like this and never once had any issues getting titles !!!!! People who advise just simply not to deal with someone who has a bike financed via bank, I would say are overly paranoid. Not everyone in the world can afford to pay-off a loan (plus wait the few weeks for title to come in) just to turn around and sell the bike/car.

December 23rd, 2011, 12:54 PM	#8
SES2009 ninjette.org member Name: Sean Location: Las Vegas Join Date: May 2011 Motorcycle(s): 2009 Ninja 250R Posts: 133	Thanks for all the input I really appreciate it!!! So, I decided to get the bike and as was stated by Eric the bank has the title locally and will be able to do all the legal stuff once the loan in paid off. I will post a new thread once I get and post some pictures. Thank again fellas:-)

December 28th, 2011, 10:16 PM	#9
pathfinder ninjette.org member Name: A Location: Mid South Join Date: Dec 2009 Motorcycle(s): 2008 ninja 250r, 2004 SV 650s, 2005 vulcan meanstreak Posts: 33	One thing to keep in mind is the KBB and NADA retail values are based on dealer retail which tend to be much higher than private party deals. I would use 80-85% of the KBB retail value as a rule of thumb to put a price on a bike in a private transaction, esp. if it is a cash deal. Usually in an economic climate like this, buyers tend to have much better leverage in a one-on-one private party cash transaction. Regardless, at the end of the day, if you are satisfied with the bike that is all it matters.

December 28th, 2011, 10:49 PM	#10
SES2009 ninjette.org member Name: Sean Location: Las Vegas Join Date: May 2011 Motorcycle(s): 2009 Ninja 250R Posts: 133	Thanks for the input I hope this thread helps other buyers especially with "if your happy with your purchase that's all that matters".