What's my 08 worth? - Kawasaki Versys Forum
 
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post #1 of 20 (permalink) Old 06-06-2011, 03:16 PM Thread Starter
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What's my 08 worth?

Things have changed...I may have to sell. One owner 2008 Versys (red of course) maintained and treated well all 7700 miles. VERY good condition. Speedys lowering kit with flatfoot and Chucks saddlebag supports with Nelson Rigg bags. Cortech magnetic tank bag. Recent oil change and filter with Amsoil synthetic. New Bridgestone BT's less than 50 miles. I've been doing a bit of research and am taking opinions on what a fair asking price might be. Title in hand. Any and all help appreciated.
Thanks folks,
Rik
Venice, Florida
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post #2 of 20 (permalink) Old 06-06-2011, 03:23 PM Thread Starter
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also it has a Jardine gp can installed and the stock exhaust and all hardware go with
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post #3 of 20 (permalink) Old 06-06-2011, 03:39 PM
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http://www.kbb.com/motorcycle/

This shows trade in value 2,900$ or retail $4,225 w/o add on's

I be surprised if people get 30 cents on their dollar for add-on's.

With this economy, who does know?
Since their not popular new what happens on the used market?
Let us know what you find out.

"Respect the Ride if you don't you Won't"
"A man's got to know his limitations"

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post #4 of 20 (permalink) Old 06-06-2011, 03:56 PM Thread Starter
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Yes, I saw those numbers as well in the research that I've done. Tough economy for sure!
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post #5 of 20 (permalink) Old 06-06-2011, 03:57 PM
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Check http://www.nadaguides.com/Motorcycle...dard-Equipment

Unfortunately Synthetic oil, upgraded tires will not affect the resale value. The farkels might help but I would expect to get less than half of retail for them. If I were shopping for a use bike. I would consider paying between$4K to $5K for a low mileage well equiped 08. I got my 08 with 1,100 miles in 09. It came with low gel seat, vario windscreen, and OEM hard cases (Thats about $1,500 in farkels retail) for $5,600 at a dealership (about $6K OTD).
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post #6 of 20 (permalink) Old 06-06-2011, 04:01 PM
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Yup, the "extras" or add ons are worth a lot more on the open market than attached/included with the bike.

FWIW, I personally wont buy a bike with a pipe on it, most of my seasoned riding buddies are the same way.

Having recently purchased an 08, I would say ask $4000 for the basic bike, but be prepared to bargain.
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post #7 of 20 (permalink) Old 06-06-2011, 04:16 PM Thread Starter
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Yes, the Amsoil, lowering kit,tires and pipe will not add value to resale. Just some things I would have done whether I was selling or not. Up until this past week I had no intention of selling it....but "Stuff" happens. I was thinking $4000.00 or somewhere in that area would be feasible. I don't think I've ever sold a bike in my life that I didn't lose some money on but always factored that in to the "Fun Quotient" and carried on.
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post #8 of 20 (permalink) Old 06-06-2011, 05:23 PM
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I bought an 08 this spring with full metal panniers and under 10k miles for $3500.
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post #9 of 20 (permalink) Old 06-06-2011, 05:49 PM
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Your selling price will have a lot to do with local market conditions. I would ask at the high end of the value books unless you're desperate and need to do something fast - in that case I would just put it on ebay and set a low reserve and let it go.

Any buyer within a couple of hundred miles that wants one of these things is not going to be able to get a new one for anything close to that. So yes, $4500 to $4900 or best offer; be willing to come down $500 to make a deal. That way they feel like they got a deal and you feel like you got your money out.

Take all the accessories off and make the bike as stock and as clean as you possibly can. Sell that stuff seperately, here on the forum or ebay it. It's worth nothing to a prospective buyer, they are just focusing on getting a bike and most don't even know what options there are, want to pick them out themselves, and don't want to give you any money for them anyway.

Your focus should be to offer a bike that is an outstanding alternative to a new one to any prospective buyer. If it's cleaner and nicer than other used ones for sale then it will bring more money and sell faster. People want to get the most bang for their buck. 7K is low miles, so if it's as good as new what a great alternative to plunking seven grand down for a new one.

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2009 V - custom black-on-black - SOLD
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post #10 of 20 (permalink) Old 06-06-2011, 05:55 PM
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I walked away from a '09 that was titled in Feb '11 that the guy was asking $4000 for in April. It only had 3500 miles on it. I just got the feeling that he rode it to hard.

Buddies of mine who bought bikes with aftermarket exhaust and no chicken strips usually found hidden problems like internal transmission issues.

You are better off putting the bike back to stock and stating that the other parts are available.

I would not buy a lowered bike so unless you can put it back to stock you limit your market
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post #11 of 20 (permalink) Old 06-06-2011, 06:16 PM
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Lowered bike opens the market for the vertically challenged Aftermarket pipes is a deal killer for me. Wide chicken strips can be a sign of boring roads not necesarily riding style. $3,500 on an 08 with hard cases sounds like a really good deal to me, are you sure the thing was not crashed and put together again?

New 09's seem to be going between $5K and $5.6K west of the Mississipi.
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post #12 of 20 (permalink) Old 06-06-2011, 06:54 PM
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i bought my 08 with 6700 miles for a little under 4k, and it was pretty well farkled as well, id say ask somewhere around 4500-5000 but dont be surprised if you dont get more than 4k
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post #13 of 20 (permalink) Old 06-06-2011, 10:21 PM
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My '08 was $3,800 with 790 miles on it last November. I got a hell of a deal. You'll probably get a good bit of attention at $4k since you're in FL, I'm assuming lots of people ride there since it's warm most of the year.
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post #14 of 20 (permalink) Old 06-06-2011, 11:47 PM
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Values or low!

I was just offered 5K for my new 2010 V with 600 miles on it for a trade in on two bikes totalling 10K. I just bought it for $7,500.00. Wow that makes you feel good $2,500 just for driving it off the lot. Thats way worse than a new car or truck! Oooooch! :-( Good luck! Mullets are back in! Awesome!




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post #15 of 20 (permalink) Old 06-07-2011, 06:12 AM
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Mullets are back in! Awesome!
Maybe in Montana.
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post #16 of 20 (permalink) Old 06-07-2011, 08:39 AM
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i sold my 09 with 5k miles in 3 days @ $4500 a month or so ago. I only had 2 people interested in it in the amount of time, but a 3 day sale is pretty quick so i am guessing i could have squeezed another 400-500 out of the deal, but for a bike that i paid $6000 OTD for and 2 years of riding i thought $4500 seemed fair. NADA value was $5500! But it is also a lot of luck, i sold a ninja 250 in 6 days and a newer lower mileage one a year later for less money took me over a month. It all depends on who is looking when you are selling. If you are looking for a quick deal i would post at 4000 and 4500 if you are dont care about time frame. And depending on condition i would hold firm at $3500 (average condition).
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post #17 of 20 (permalink) Old 06-07-2011, 09:12 AM
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Quote:
Originally Posted by MTS View Post
I was just offered 5K for my new 2010 V with 600 miles on it for a trade in on two bikes totalling 10K. I just bought it for $7,500.00. Wow that makes you feel good $2,500 just for driving it off the lot. Thats way worse than a new car or truck! Oooooch! :-( Good luck! Mullets are back in! Awesome!
$7,500 for a 2010 thats almost msrp. You probably paid too much. Trade in is much less than retail. The dealer will probably turn it around for $6k plus fees. What kind of deal you got on the two you walk out with? That can explain the low trade in. The dealer is there to make the best deal for him. One way or another.
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post #18 of 20 (permalink) Old 06-07-2011, 06:42 PM
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They seem to be going around here (Arizona) for about $4,000 and they sell pretty quick.

Last edited by Mchustlr; 11-30-2012 at 08:05 PM.
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post #19 of 20 (permalink) Old 06-07-2011, 11:31 PM
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Originally Posted by twowheeladdict View Post
Maybe in Montana.
Thats ok dude! Mullets are not for everyone! I hope you can get $4,500.00 for your V.

As far as paying to much for my 2010. Don't know? I sure could have! I could hardly get one. Was there a shortage of 2010's?



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post #20 of 20 (permalink) Old 06-08-2011, 01:51 AM
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You would prob. be better off removing your accessories and selling them separately. Prices vary by location. Prices also go down near the end of the season.
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