Pricing a (very) used FJR
- bill lumberg
- Contributor
- Veteran
- Posts: 2590
- Joined: Tue Jun 30, 2015 1:03 pm
- FJRModel: 2018ES/2022ES
- x 3985
- x 4369
- Contact:
Pricing a (very) used FJR
KBB is out the window. If you were tasked with selling a well maintained, fully farkled, one owner, 2018 FJR1300 with 100,000 miles on the clock, where would you start?
Asking for a friend.
Asking for a friend.
EWTBAGUITTDGS
2022ES
2022ES
- raYzerman
- Contributor
- I post more than I ride
- Posts: 9241
- Joined: Mon Mar 18, 2013 10:49 am
- FJRModel: 2016 Versys 1000 Titanium Devil, 2014 DL1000, 1999 VFR 800 Bumble Bee
- Location: Millgrove, Ontario, CA
- x 2879
- x 10744
Re: Pricing a (very) used FJR
Always tough...... My usual...... make a little spreadsheet list..... check the prices of bikes from your usual "For Sale" sites like CL, Cycle Trader, etc. of models a couple or three model years either side of '18. Check past/current listings on FJR forums.... pick a number of what the average '18 might be, then price slightly lower to be more attractive than the next guy. For high miles, drop a wee bit more. Draft up an ad, it will be more attractive with a maintenance history, fluid changes up to date, valve check info, tire condition, etc.
Keep yer stick on the ice........... (Red Green)
Duct tape can't fix stupid, but it can sure muffle the sound.
Duct tape can't fix stupid, but it can sure muffle the sound.
- FastPappy
- Veteran
- Posts: 525
- Joined: Sun Sep 13, 2020 8:20 am
- FJRModel: 2009 AE
- Location: Staten Island, New York
- x 1235
- x 629
Re: Pricing a (very) used FJR
Someone told me years ago that insurance companies use NADA to establish values for claims. I always check that as I always found KBB to be higher so sellers want to use that. Just my 2 cents.
bigjohnsd and wheatonFJR loved this
Pappy 09AE
- Hppants
- Contributor
- I post more than I ride
- Posts: 6355
- Joined: Wed Oct 19, 2016 9:22 pm
- FJRModel: 2021ES
- x 12254
- x 10719
Re: Pricing a (very) used FJR
I've seen this movie before.
Bottom line (pun intended) - the used bike seller's market is as strong as its been. But 90% of the buyers will shy away from your bike (and mine), unless you give it away. And if you offer it for "give away" price, then 60-70% will still shy away from it. So YOUR (and my) buyer's market is very limited.
(Warning - the next 2 sentences are going to spark controversy. I come in peace, and you are getting the advice you are paying for.
Ask $7,995.00. If you get a legitimate offer for $7,300.00 or more, I'd jump on it.
This is why i'm re-thinking selling mine. A net loss of $14K or more on a new one is a lot for what I might get.
Bottom line (pun intended) - the used bike seller's market is as strong as its been. But 90% of the buyers will shy away from your bike (and mine), unless you give it away. And if you offer it for "give away" price, then 60-70% will still shy away from it. So YOUR (and my) buyer's market is very limited.
(Warning - the next 2 sentences are going to spark controversy. I come in peace, and you are getting the advice you are paying for.
Ask $7,995.00. If you get a legitimate offer for $7,300.00 or more, I'd jump on it.
This is why i'm re-thinking selling mine. A net loss of $14K or more on a new one is a lot for what I might get.
bill lumberg loved this
"I guess it comes down to a simple choice, really. Get busy living. Or get busy dying."
- Andy Dufresne, Shawshank Redemption
- Andy Dufresne, Shawshank Redemption
- bill lumberg
- Contributor
- Veteran
- Posts: 2590
- Joined: Tue Jun 30, 2015 1:03 pm
- FJRModel: 2018ES/2022ES
- x 3985
- x 4369
- Contact:
Re: Pricing a (very) used FJR
I’m thinking of buying a 22 and keeping this one until the bags arrive for the 22. Maybe list it in the mean time. Who knows. Last time I got this far, I waited too long and stock vaporized.
wheatonFJR loved this
EWTBAGUITTDGS
2022ES
2022ES
- raYzerman
- Contributor
- I post more than I ride
- Posts: 9241
- Joined: Mon Mar 18, 2013 10:49 am
- FJRModel: 2016 Versys 1000 Titanium Devil, 2014 DL1000, 1999 VFR 800 Bumble Bee
- Location: Millgrove, Ontario, CA
- x 2879
- x 10744
Re: Pricing a (very) used FJR
You could ask a couple of dealers what they'll give you on trade..... what my local dealer told me...... need to make $2000 on a used bike, will offer you what they think it will sell for minus that. Will credit you for only the desirable farkles (e.g., crash bars, aftermarket seat or suspension, top box) at 25-30% of what they originally cost...... The only thing you're doing with this number is to establish some number in your head for a private sale.
One possible conclusion is you may decide to keep the bike and wear it out, sell it cheap then... but the cost of ownership per year is much less... when it comes to the next bike, me personally, I'll buy a used one all day long that someone else has taken the initial hit on. The newest bike I bought was my '14, after it sat 2 years in the showroom.
One possible conclusion is you may decide to keep the bike and wear it out, sell it cheap then... but the cost of ownership per year is much less... when it comes to the next bike, me personally, I'll buy a used one all day long that someone else has taken the initial hit on. The newest bike I bought was my '14, after it sat 2 years in the showroom.
Steel_Gin, wheatonFJR, Hppants and 1 others loved this
Keep yer stick on the ice........... (Red Green)
Duct tape can't fix stupid, but it can sure muffle the sound.
Duct tape can't fix stupid, but it can sure muffle the sound.
- bill lumberg
- Contributor
- Veteran
- Posts: 2590
- Joined: Tue Jun 30, 2015 1:03 pm
- FJRModel: 2018ES/2022ES
- x 3985
- x 4369
- Contact:
Re: Pricing a (very) used FJR
I’ve always received better than blue book on my used bikes, despite their mileage. Those days appear to be over for the foreseeable future. Dealers around here won’t touch a high mileage bike at any price now. So it’d be a private sale, which I have historically, been able to avoid. The only sure thing is that it will be interesting.
EWTBAGUITTDGS
2022ES
2022ES
- sacramentomike
- Veteran
- Posts: 532
- Joined: Mon Mar 11, 2013 3:10 am
- FJRModel: 2014 ES
- x 164
- x 631
Re: Pricing a (very) used FJR
OK, but how much has your friend received for HIS used bikes? (The one whose bike you were asking about selling).bill lumberg wrote: ↑Sun Apr 17, 2022 12:59 pm I’ve always received better than blue book on my used bikes, despite their mileage.
Seriously, though, I'll give you a couple thousand. Cash. Otherwise, yer on yer own. GLWS.
bill lumberg loved this
- bungie4
- I post more than I ride
- Posts: 6772
- Joined: Sat Jan 19, 2013 7:43 pm
- FJRModel: 2013 FJR 1300
- x 3545
- x 5987
Re: Pricing a (very) used FJR
My 13 was listed from April 2021 to Oct 2021 for 9k (deduct 30% for U S). In that time i had exactly one person interested.
To say that the used bike market is on life support is an understatement.
In relisted my bike 2 weeks ago. I've had 2 inquiries. One random guy, another is known to a few of us here.
Keep it and ride the wheels off it. It's just broken in.
To say that the used bike market is on life support is an understatement.
In relisted my bike 2 weeks ago. I've had 2 inquiries. One random guy, another is known to a few of us here.
Keep it and ride the wheels off it. It's just broken in.
GDSfjr03, Steel_Gin, wheatonFJR and 2 others loved this
WWPD.
#SnowMexican
Choo choo mf'r.
That's weird, I don't remember eating asparagus.
#SnowMexican
Choo choo mf'r.
That's weird, I don't remember eating asparagus.
-
- Veteran
- Posts: 1707
- Joined: Mon Oct 31, 2016 7:02 am
- FJRModel: 2014 FJR1300A
- x 2362
- x 2796
Re: Pricing a (very) used FJR
Sad reality is that while all of us know 100k on this platform is no big deal there are still far too many riders who have never seen that sort of mileage on ANY bike and won't pay more than scrap value for one. At that point keeping it becomes a better deal.
danh600 loved this
IBA #50866
- wheatonFJR
- Contributor
- I post more than I ride
- Posts: 19790
- Joined: Wed Jan 16, 2013 6:10 pm
- FJRModel: 2013-Jwilly Special LD Delivery
- Location: Travelers Rest
- x 40755
- x 18016
Re: Pricing a (very) used FJR
This doesn’t help Bill Lumberg, but in July of 2015, about 9 months after I got a great deal on a 2013(RIP), I gifted my son David my 2004 with 90xxx miles on it riding it up to him before his wedding up north.BkerChuck wrote: ↑Sun Apr 17, 2022 8:15 pm Sad reality is that while all of us know 100k on this platform is no big deal there are still far too many riders who have never seen that sort of mileage on ANY bike and won't pay more than scrap value for one. At that point keeping it becomes a better deal.
His problem was letting it sit too long as he was busy with work and night school and newly married. He recently fixed that and loves the bike. He plans on riding it more…or I’m taking it back lol.
Cav47 loved this
There's no better therapy than a ride - petey
- bill lumberg
- Contributor
- Veteran
- Posts: 2590
- Joined: Tue Jun 30, 2015 1:03 pm
- FJRModel: 2018ES/2022ES
- x 3985
- x 4369
- Contact:
Re: Pricing a (very) used FJR
Yep. At some point, how much is it worth to have as a spare vs a few thousand in cash. If I buy another, I’ll will list it in perpetuity and use it for sweet jumps in the meantime. Posting pics of big air=sure to increase market value.
Last edited by bill lumberg on Mon Apr 18, 2022 8:27 am, edited 2 times in total.
Hppants and wheatonFJR loved this
EWTBAGUITTDGS
2022ES
2022ES
- wheatonFJR
- Contributor
- I post more than I ride
- Posts: 19790
- Joined: Wed Jan 16, 2013 6:10 pm
- FJRModel: 2013-Jwilly Special LD Delivery
- Location: Travelers Rest
- x 40755
- x 18016
Re: Pricing a (very) used FJR
Keep it...put aggressive offroad tires on it...use it for dual sporting.bill lumberg wrote: ↑Mon Apr 18, 2022 5:46 am Yep. At some point, how much is it worth to have as a spare vs a few thousand in cash. If I buy another, I’ll will list it and keep it for going off of sweet jumps.
Or the IBR on street/car tires.
Or sell it and get some awesome handwarmers and a Bud Light.
danh600 and bill lumberg loved this
There's no better therapy than a ride - petey
-
- Veteran
- Posts: 1245
- Joined: Mon Jun 23, 2014 1:16 pm
- FJRModel: 2014 FJR
2003 Honda VTX1800
2023 Honda Goldwing Tour DCT - Location: Clarkston MI
- x 2151
- x 2270
Re: Pricing a (very) used FJR
Agree most people will shy away from a high mileage bike. You're more likely to get a bite from someone on this site that is educated in how far these bikes go and wants the perks of cruise. Better yet if somebody knows you and how well you take care of your bike. Good luck.
bill lumberg loved this
SE Ohio: Never trust a hill.
- wheatonFJR
- Contributor
- I post more than I ride
- Posts: 19790
- Joined: Wed Jan 16, 2013 6:10 pm
- FJRModel: 2013-Jwilly Special LD Delivery
- Location: Travelers Rest
- x 40755
- x 18016
Re: Pricing a (very) used FJR
Just a thought...put a BMW roundel on it.
Those guys will buy anything...and BIG bucks, too!
Those guys will buy anything...and BIG bucks, too!
bigjohnsd, N4HHE, and Festus loved this
There's no better therapy than a ride - petey
- extrememarine
- HMFIC
- I post more than I ride
- Posts: 6625
- Joined: Sun Jan 13, 2013 12:17 pm
- FJRModel: 2009 FJR
- Location: SE Michigan
- x 1967
- x 12193
- Contact:
Re: Pricing a (very) used FJR
Keep it and put a S10 in the garage next to it. You know you want to...
My 2009 is worth more in the garage (and on the road) than I'd ever get for it on the open market or on trade. Ohlins front and rear, seat, Givi top box, audiovox CC, Euro foot guards, Heli top clamp, etc. None of that would make a meaningful impact on the sell price. It will end up with a new dirt oriented sibling next to it soon.
Good luck sovling this puzzle in a way that best suits you!
Wayne
My 2009 is worth more in the garage (and on the road) than I'd ever get for it on the open market or on trade. Ohlins front and rear, seat, Givi top box, audiovox CC, Euro foot guards, Heli top clamp, etc. None of that would make a meaningful impact on the sell price. It will end up with a new dirt oriented sibling next to it soon.
Good luck sovling this puzzle in a way that best suits you!
Wayne
Hppants, FJRPittsburgh, Steel_Gin and 1 others loved this
Ride There!
-Wayne aka asphalt surfer...
IBA#60836
#Peteyismyhero & #JWillywashere
-Wayne aka asphalt surfer...
IBA#60836
#Peteyismyhero & #JWillywashere
- BikerGeek
- Veteran
- Posts: 2198
- Joined: Mon Jan 21, 2013 2:21 pm
- FJRModel: 2004
- Location: Marysville, OH
- x 4554
- x 4195
Re: Pricing a (very) used FJR
Let jwilly ride it for a while. Before long - poof! You'll need a new bike.
Just make sure your insurance is up-to-date first.
JSNS
Just make sure your insurance is up-to-date first.
JSNS
jwilly, Hppants, FJRPittsburgh and 1 others loved this
"Having THIS bunch of guys paying attention to you is like being the world's tallest midget."
- 0face
- 0face
- wheatonFJR
- Contributor
- I post more than I ride
- Posts: 19790
- Joined: Wed Jan 16, 2013 6:10 pm
- FJRModel: 2013-Jwilly Special LD Delivery
- Location: Travelers Rest
- x 40755
- x 18016
Re: Pricing a (very) used FJR
Damn! I can't chime in on this one!
There's no better therapy than a ride - petey
- danh600
- Veteran
- Posts: 4217
- Joined: Tue Mar 25, 2014 3:36 pm
- FJRModel: 2022 FJR1300ES
- Location: Roughedge,NC
- x 4540
- x 8481
Re: Pricing a (very) used FJR
Dealer said to me the average bike gets 1300 miles a year. Mileage is a huge problem when selling a used bike. Average bike buyer will not consider a bike with the miles we put on FJRs. I had a Honda VT1300 cruiser. KBB says 6k list 4k trade with "normal" miles on it.
Dealers didn't want it cause it had 66k on it. Offered me 2k in trade.Nope.
Kept it for awhile as a spare. My son still liked to ride it. Then we were moving and it needed to go. Five bikes are just too many to move with. Finally sold it for 3.8k. Felt like I got lucky to find a buyer that would pay that.
Funny thing. I would have taken that bike on a long trip with no problems. It has miles left. The average rider would still get years out of that bike.
I listened to a salesman telling a guy to never buy a bike with over 25k on it.
Dealers didn't want it cause it had 66k on it. Offered me 2k in trade.Nope.
Kept it for awhile as a spare. My son still liked to ride it. Then we were moving and it needed to go. Five bikes are just too many to move with. Finally sold it for 3.8k. Felt like I got lucky to find a buyer that would pay that.
Funny thing. I would have taken that bike on a long trip with no problems. It has miles left. The average rider would still get years out of that bike.
I listened to a salesman telling a guy to never buy a bike with over 25k on it.
wheatonFJR loved this
- Steel_Gin
- Veteran
- Posts: 528
- Joined: Fri Oct 21, 2016 1:21 pm
- FJRModel: 2012 FJR1300A
- Location: Finger Lakes Region, NY
- x 1337
- x 433
Re: Pricing a (very) used FJR
I thought about selling my '12 a few years ago to get a new one and decided not to do it for a reason I can't remember now. I told a few friends I'm riding it to Yosemite next year, they asked how many miles are on it, 75k and they asked do you trust it with that many miles on it!?!? Yes I do, completely.
Knowing I can't get much for it at this point I'll get a S10 to keep it company in a couple years.
Knowing I can't get much for it at this point I'll get a S10 to keep it company in a couple years.
danh600 loved this