Know Your Used Motorcycles Values Before Buying
By Allison R Thompson on Oct 4, 2009 in Cars
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.
However when talking about books which offer information regarding the valuation of vehicles then the one you will hear most people talk about is the Kelley Blue Book. This particular one has been available for over 80 years now and unlike NADA they actually produce more than one type of price guide book. The one that you will often see most dealers of vehicles referring to including motorcycle dealers is known as the "Kelley Blue Book Auto Market Report - Official Guide".
However rather than providing the person with a true valuation of what the bike may be worth instead it gives you the retail value (price the motorcycle will sell at). The price that you see in this guide is often less than what the dealer would be willing to sell the bike to you at (remember there in it to make a profit). So when looking to buy a used motorcycle it is important that you have all information to hand before.
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 particular site that you may want to consider taking a look at is called "motorcyclebluebook.com". Here they will be able to provide you with price details for all types of motorcycles. They have a user-friendly search program where all you need to do is enter the make, model and year in which the bike was built or registered . Then after entering these details they will send an email to you showing you details of the value and prices at which the motorcycle you are interested in buying are selling for.
Along with the "motorcyclebluebook.com" another really good website for getting used motorcycles values form is called "Edmunds.com". This site as with the one previously mentioned provides you with a valuation of what they think the motorcycle is worth, but also provide you with a figure of what they think the motorcycle is likely to be selling for. However if you want to ensure that you get the best deal possible when buying a used motorcycle then don't be afraid spending some time comparing all the information that these websites and guide books offer before you buy. Doing this is likely to end up saving you a lot of time and money.
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