Sold the Monster 1200 earlier this week. I'd advertised it on Facebook marketplace, where I had interest within a couple of hours. I agreed a price, a little below ideal but reasonable enough and it was collected by the used bike trader I sold it to the following day. Inquisitive as I am, I've kept an eye on their website to see what it went up for. I'm not naive, I realise a dealer needs to make a profit, and will also have salary costs, a warranty, overheads, etc. and as such expected to see it somewhere between £1k & £1.5k more than I sold it for. I was bang on the money at £1300. There is a twist however, as that isn't £1300 more than I sold my near 5 year old, 12k miles bike for. It's £1300 more than I paid for it as a 6 month old ex demo in 2016.
I've just had the same experience this week, sold a MT09 Tracer to a trader for a price I thought was fair and was happy enough with, it was actually the trader I'd bought it from a year ago. So like you, accept they are in business to make a profit, they have it up for £1350 more they they gave me, no real issue there but I was surprised to see it is £600 more than I paid them for it last year.
But they still have to sell it at that inflated price. They are taking a chance to see if they can catch some unsuspecting punter
Perhaps they believe the market for good second hand bikes is still very strong, or will be moving into the spring and can demand inflated prices. I’d much rather sell to a dealer if they offer near to my asking price, takes away all the hassle of the eBay wasters...
traded in a triumph speed triple se in for a monster 1200s stripe. They added £1500 and that was £500 more than i paid for it 2016.
What about the price of two stroke bikes from the 80's? Now that is bonkers. Lock down/internet shopping, covid/live for today, rose tinted glasses and getting nothing for cash in the bank all seem to be pushing up prices.
New bikes are expensive all across the board and brands, so the market for 2nd nice bikes is good business when you take the prices into the equation. A very nice fast toy can be had for anything from £7000 to about £10,000 which when you think new bikes are at least double that. Like they say champagne motoring at lemonade prices.
We’ve been doing a lot of mountain biking over the last few months and seeing more and more electric MTB’s. People are spending a fortune on the things and the depreciation curve is vicious losing about 50% of their value in six months. https://www.startfitness.co.uk/cycles/bikes/electric-bikes.html?manufacturer=2239 A five or six year old motorcycle is a bargain when you look at the price of decent bicycles.
i had my low mileage 996sps up for sale in the summer due to it not getting used(other bikes and monster easier on the back). I was asking £14500 and one chap messed me around for weeks, extra photos, video, small marks on engine case silver etc. eventually i told him i would not sell it to him as he obviously wanted it as a museum piece and not for riding, and decided to keep and sold my triumph speed triple to finance latest project. He has now phoned back desperate for me to sell it to him as he cannot get one for anywhere near the price mine was. his loss and my gain.
Bikes are already gone through the roof here in Ireland bad when your see a 1997 bandit 600 with no service history multiple owners and asking for €2500. We always relied on the used bikes from the Uk but now with added charges it’s making them to expensive to import anymore
Similar situation here I part exchanged mine over the phone was offered less by we want your motorbike so had a idea what I could get but with COVID I thought things were going to be a pain in the ass. It stings a bit seeing it on auto trader for 2k more than I got but having a bike delivered onto my drive and mine collected even during lockdown hassle free “priceless”
The current madness of perceived values on crappy old bikes from ones youth that genuinely offer only nostalgia absolutely can not last - it may get worse before it becomes realistic - putting it bluntly there aren't enough offspring divvying up our assets once we croak that will be even slightly interested in keeping pristine but awful (by comparison) bikes from the past to prevent supply quickly outstripping demand once we start to die off. WTF does anyone under age 55 want with a Suzuki X7 for example? Alternately once the awful economy ahead kicks in and a significant percentage of 'collectors' try to cash in their "can't fail investments" it won't be long before sales stop, prices erode then bang - one RG500 that takes ages to sell @ £25k is one thing but when three appear with sellers trying to keep the fiscal wolves from the door desperate to sell prices will tumble. Once confidence is eroded watch the market collapse around our feet. The bit I don't get is how old buggers have, say, ten ornaments of nostalgia that they never if ever ride, why the hell are they then going to franchised dealers and paying for TWO separate products at the same time - a new bike AND a PCP financial product - again many of the new bikes are seldom used... More bikes in to an ever decreasing population of motorcyclists to ensure collapse of an already over bullish market. Right, off to see if those Termi high levels are still available on Ebay for my crappy nostalgic 888!!
Oh dear. I'd better get my two and a half X7s that have been languishing in the shed since 1990 up for sale quick. I'll need the money to replace my savings just blown on that 33 year old TDR. At least I can sit comfortably on the TDR and hopefully have a blast and a laugh. Most of us maturing riders would look ridiculous on a TZR250 or KR1. There is at least a decent amount of space behind the fairing of the 888, but it can put a bit of strain on the knee joints. Comfy riding position, is this the reason big adventure bikes are so popular? I agree though, X7s were shite and once those who had one in 1980 have got too old, nobody will want them again, ever. Is the number of bike riders falling? It wouldn't surprise me. It seems a lot of young folk are less keen to learn to drive these days, with the cost of insurance, city living and the whole bad for the environment thing. Electric bikes seem to be popular though.
Absolutely rider numbers are falling, youngsters take their CBT to ride a moped till they are 16 then migrate to cars - to get to ride any size bike, starting with CBT at 16, can take 6 (SIX) courses and tests, surely you have noticed that any bike event in the UK is populated by older attendees by a vast majority? With few young riders filling the funnel and most older riders having less and less time in this lovely world there must eventually be way way too many old bikes - what younger rider would be happy with an 80's mammoth with relatively low power and crap handling?? I would love a Tdr, I race a Tzr but anyone too young to experience the freedom and joy a 2 stroke gives would be buggered to see the attraction of a stinky dirty and (relatively) unreliable 2 stroke of the day? Sell! Sell! Sell! Don't leave crappy old bikes for your loved ones to have to sort out! Anyone want a lovely 888?
