Thread: Selling Price??
View Single Post
Old October 30th, 2017, 11:56 AM   #5
adouglas
Cat herder
 
adouglas's Avatar
 
Name: Gort
Location: A secret lair which, being secret, has an undisclosed location
Join Date: May 2009

Motorcycle(s): Aprilia RS660

Posts: A lot.
Blog Entries: 6
MOTM - Jul '18, Nov '16, Aug '14, May '13
The optimal price point is what the market will bear and not one penny more... because it won't sell if you don't meet the market where it is.

Farkles never bring what you paid for them. At best, they're the deciding factor between sale and no sale.

"Custom paint" is often code for "The bike was trashed so I painted it." That's what people expect. So if you've got before/after, that would be good, plus be prepared to demonstrate that the bike has not been crashed (i.e. there should be no telltale signs like scratches, bent stuff, etc.).

All else being equal, I'd rather buy a bone-stock bike that I can see is clean with my own eyes, rather than a farkled bike that might have had shiny baubles added to hide the fact that the original stuff has been damaged. This is also why I never throw away stock hardware. I can either show it to the buyer, or reinstall it and sell the upgrades separately.

Gut tells me that all the upgrades would be worth a bump of a couple of hundred tops, over going market rate. Stickers? Really? Please.

To get the current market rate in your area, look at ads for similar bikes. Recognize that 14k, while WE know it's not a big deal if the bike has been cared for, will turn most buyers off. It affects value.

I find that a useful starting point is to look up KBB retail vs. trade-in and split the difference. That way you can point to a source and say "look, this is a fair deal for both of us." That's never failed.

If you think your fancy paint job and Akra exhaust are going to boost the value up over KBB retail, you're deluding yourself IMHO.
__________________________________________________
I am NOT an adrenaline junkie, I'm a skill junkie. - csmith12

Nam et ipsa scientia potestas est.
Heri historia. Cras mysterium. Hodie donum est. Carpe diem.
adouglas is offline   Reply With Quote


1 out of 1 members found this post helpful.