Posts Tagged ‘Kelley Blue Book’

 

Demystifying Used Motorcycle Prices And Motorcycle Resale Values

Used Motorcycle Values Are Often Mired In Brand Loyalty And Personal Preference

Looking to sell your motorcycle? If you plan on using the Internet to try and figure out your motorcycles resale value, be careful. By most accounts on the web, used motorcycle prices are determined by either a riders personal preference or inaccurate book values.

Finding A Motorcycles Resale Value Should Go Farther Than Looking Up The Motorcycles Book Value

As many already know, relying on Kelley Blue Book values can be misleading. Used motorcycle values from those and other books do not take into account the almost daily market changes, economic surges and dips, etc.

Add to that the often heated debates online between die-hard Harley Davidson owners andwell, pretty much anybody who owns a different brand, and youre still left wondering how to sell your motorcycle.

Your best bet is to either do your own research or bring it in to a professional appraiser to let them work their magic. Trying to sort through the brand-fueled noise on the Internet is a monumental task and relying on the services like Kelley Blue Book could leave you with a completely inaccurate motorcycle resale value.

Used Motorcycle Value Shouldnt Just Be In The Eye Of The Beholder

Take a look around the Internet to find your motorcycles resale value. Invariably, youll end up reading a conversation thread that devolves into a spat between people who ride Bike A and people who ride Bike B. That doesnt really serve your purposes very well, now does it?

In reality, the value of your used motorcycle depends on a very basic premise In what condition is your bike?

Sure, there are some other factors that determine you motorcycles resale value. For example, the resale value of a Harley Davidson had for years been remarkably high. These days, because they produced more bikes compared to years ago when Harley waiting lists were legendary, the resale value of a Harley is much lower.

But, if you want to read some really intense back-and-forth, take a look at the Harley Davidson vs. Crotch Rocket debate.

Bottom Line: Figuring Out The Value Of Your Used Motorcycle Can Pay Off

For better or for worse, motorcycle riders are generally fanatic about their bikes. Depending on what motorcycle you have, that can help or hurt your efforts to figure out the motorcycles resale value. At the same time, relying on motorcycle book values can be quite misleading. To solve the used motorcycle prices dilemma, youre better off taking your time, doing your research, or taking it to a quality, professional appraiser.