11th July 2008

Know Your Used Motorcycles Values Before Buying

posted in Motorcycle |
by A R Thompson

When it comes to buying a second hand or used motorcycle, it is crucial that you know exactly just how much the motorcycle is really worth and not what the seller thinks it is. Today there are a number of factors which can affect used motorcycles values the main ones being its condition, the year it was built and registered and where it is located.

When it comes to valuing a used motorcycle the easiest way of making sure what you are paying for it is by looking in either the Kelley Blue Book or the NADA guide. Below we are going to talk a little bit more about these two reference books, which provide you with details regarding the values of various motorcycles.

Firstly, let us look at the National Automobile Dealer’s Association (NADA) guide. Numerous people feel that this provides better valuation details than the Kelley Blue Book. Simply because they publish the largest number of guides, which people are able to use and have been in business since 1933. As you will soon discover their guides provide information on all types of motor vehicles not just motorcycles, which have ever been built.

Whilst the Kelley Blue Book is the more well known of the pricing guides that the general public can buy. However, this book has been published for more than 80 years now and they actually publish more than one type of price guidebook today. The main one that is used by many motorcycle dealers who deal in used motorcycles is called the “Kelley Blue Book Auto Market Report - Official Guide”.

Rather than actually providing a true value of the motorcycle this one provides the person using it with a suggest retail value. The value that is shown in these books is often considerably more than what the dealer would offer the motorcycle to you. If you can, get hold of a copy of this guide prior to you starting to search for a used motorcycle to buy.

By actually finding out what a motorcycles true value is will help you when it comes to actually purchasing the one that you want. Simply because it provides you with more bargaining power. But if you are finding it difficult to obtain copies of these books then why not go online instead. There are a number of sites now available which have been set up and where you can find out very quickly if the used motorcycle you are considering buying is being sold at a fair price or not.

One site that you may be interested in using for looking at motorcycle values is “motorcyclebluebook.com”. At this site they have price details for every single type of motorcycle that has ever been produced. The search program on this site is user friendly and in order to get a valuation from them you just need to enter the make, model and year of the motorcycle. After entering this information all you need to do is wait for the email they provide which provides not just details of how much the bike is worth but at what price it is likely to be sold at.

Another website that is now offering you the chance to get hold of used motorcycles values very quickly is Edmunds.com. Along with supplying you with details of the value of a motorcycle, they will also provide you with details of what price they expect the motorcycle to sell for. However, to get a good comparison relating to used motorcycle values it is best if you check the prices you are provided on these websites and from the guides mentioned above against the prices of the motorcycles where you live.

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This entry was posted on Friday, July 11th, 2008 at 2:09 pm and is filed under Motorcycle. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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