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Nov 26th 2016, 03:46 PM   #1
 CaptainAwesome's Avatar
 
  Jan 2016
  WA

  Lowrider S
Trade in or private sale?

Looking at a new bike, not 100% sure I have room for two. Nothing wrong with the one I have, it fits me well just doesn't fit me as well as the one I'm looking at. Not sure I want to sell it to be honest, but I'm not sure I'll use two either, I'm a 'one pair of boots' kinda guy.

When I bought this one I kept the one before it just in case I didn't like this FZ1. It's a good theory, the first one, a SV650, was a good bike, if I don't like the new one I know I still have a good one. But after trying to sell that and a Bronco this year, crap what a pain in the ass. I sold it cheaper just to be done with the ordeal. Before then I never got why anyone would take the hit and trade it in.


I recon trading it in I'll probably see about 70% of what I could sell it for personally, seems to fit with kelly blue book as well. I get that, they have to make money too and I get to be done with it right then and there.


Selling it on my own I make more money, but what a s**t show if you don't have a buyer lined up.


Experiences?

I recon I could always post it for sale on here and see where that goes, less PITA crowd as craigslist, lol.

Edited by CaptainAwesome on Nov 26th 2016 at 03:55 PM
Nov 26th 2016, 05:00 PM   #2
 Suzuki Stevo's Avatar
 
  Jan 2016
  Seattle ,Wa

  Burgman 400, WR250R, TW200, Boulevard M50 & C90T
Bought and sold over 25, people want you to give your bike to them...and if your buying, their shit is golden, I go KBB on trade in with a dealer, that way I don't have to deal with the public

EDIT: OR..... give it to a friend as a killer deal <<first choice
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Edited by Suzuki Stevo on Nov 26th 2016 at 05:11 PM
Nov 26th 2016, 06:12 PM   #3
 MarvTravis's Avatar
 
  Jan 2016
  Kirkland, WA

  Kawasaki ZX-14
Here's an excellent video by Delboy's Garage about how to prepare, price and sell a bike:

Something to consider when deciding whether to trade in or sell a bike is, if you trade in a bike on another at a dealer, you pay sales tax only on the difference between the trade-in allowance and the sales price.
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Edited by MarvTravis on Nov 27th 2016 at 12:01 AM
Nov 26th 2016, 07:05 PM   #4
 galenernest's Avatar
 
  Jan 2016
  Beijing

  Honda CBF190R
There are a lot of ways to minimize the bullshit when selling private party. And it can take a lot of patience. I've bought and sold plenty of used vehicles...

With motorcycles, I think I actually enjoy private party sales... I get to meet other riders and at least we have a shared passion... albeit we are both motivated to get the best "deal."

If time is more important than money, then go for the trade in and be done with it... nothing wrong with taking less if you don't want the hassle. But, if you're patient, screen callers thoroughly to weed out the nonsense and can give up a few Saturday afternoons for showings, then sell it on your own and at least you get to see a smile when you put the keys in the buyer's hand.
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Nov 26th 2016, 10:29 PM   #5
 
  Jan 2016
  Renton

  2011 Triumph Daytona 675, 1975 Honda CB550K1
Make sure the bike is spotless, with at least a cheap coat of wax when you list it, plus make sure the chain is properly maintained. Don't give buyers any low hanging fruit to talk you down on price that is easily avoided with a little time and elbow grease.

Sent via HTC One M9
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Nov 27th 2016, 06:34 AM   #6
 Parilla125's Avatar
 
  Jan 2016
  SeaTac

I have bought and sold a lot of motorcycles (and cars) and traded in only a few of them. Once I made the decision and worked out the deal with the dealer it was all good. There is still some BS with the dealer but it certainly takes less time and the amount lost was not all that much, if any at all. I have done a couple deals over the phone! They pretty much go by blue book on the trade in so you can get a pretty good idea of the price they will give before you go in.
One nice part of it is not having someone show up with no helmet and no riding experience wanting to ride your bike. I don't let anyone ride mine without money in my hand these days.
Both dealer and private work fine but I think I will tend to go to the dealer and not deal with no shows, looky loo's, lonely folks wanting to rehash their past and people that want to low ball you on price.
Don't ask for the moon. If you put the price you are willing to accept in the ad, dealer or not, in your for sale price, it stops a lot of the crap.
"I will not hold it for you. First one here with the money buys it" works too. I write down the order of contact and try to make appointments in order but if they really want it they will make it happen.
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Nov 27th 2016, 07:58 AM   #7
 
  Jan 2016
  Grants Pass Oregon

I sold 4 motorcycles last summer using craigslist, Yes there are many lowballs
out there. And it can suck dealing with the aholes. But most of the people have
been sincere and just trying to not be taken advantage of.I would put it up and
see what pops up.You can always delete your ad and trade it in. This is a tough
time of year to sell a bike though. Good luck whichever way you decide.
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Nov 27th 2016, 09:32 AM   #8
 
  Jan 2016
  Oregon

  Suzuki
I've sold a few bikes successfully on Craigslist.

I like to qualify buyers with a few questions:

1. Have you ever ridden this model/bike? Is this the bike you are looking for? I am not a Dealer and I'm not here to help you decide which bike you want. Maybe you can ride someone else's first.

2. NO test rides without cash. If you want the bike, we agree on a price, and you have cash, you can ride the bike home.

3. Do you have a MC license? Don't laugh. It happens.

If I'm getting calls, I try to schedule a single time at a nearby parking lot so everyone can come at the same time. Create a little competition!

Anyway 'Captain Awesome' I decided a long time ago that I didn't want to be one of those guys who says "I wish I never sold my XXX bike". For an 'Awesome' guy, you sound very ambivalent. My advice: Keep both bikes and buy another pair of boots!
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Nov 27th 2016, 10:10 AM   #9
 CaptainAwesome's Avatar
 
  Jan 2016
  WA

  Lowrider S
Thanks for the advise, I've taken it all into consideration and will remember it if I choose to sell it.


Right now I'm leaning towards keeping it, I'm not going to get loads for it and it allows me a lot more options. I like to ride year round, if there is any decent rain on the road I'm not going to ride the bike I'm looking at in it. Not that I can't, just don't feel it's worth the risk since I can't get PR4s for it. My Fz1 in it's current setup is unaffected by the rain as long as I don't try to put a knee down (lol notice I said try).

Only problem is I got crap for space, and I'm getting a motor in for my truck and I'm going to have way less when that shows up, lol.
Nov 27th 2016, 10:26 AM   #10
 Josh's Avatar
 
  Jul 2016
  The Couv

I have better luck selling than trading in but it can definitely be a game of patience.

If you're selling a fairly common bike like a FZ1, look at other bikes listed for sale and make sure your price is competitive. Condition & mileage are king.

If you have a bunch of accessories and aftermarket stuff, write it off as a loss or try to sell them seperately, most people aren't going to pay an extra $1k for accessories like an exhaust they didn't pick out.

At least in your area (Lynnwood) people have money. I used to live in Spokane and finding anyone with $5k+ cash was DIFFICULT.
Nov 27th 2016, 01:57 PM   #11
 CaptainAwesome's Avatar
 
  Jan 2016
  WA

  Lowrider S
Think that's one reason I debated a trade in, back in Wyoming it would have been impossible to sell this bike without being willing to bring it across state to Denver. Guess it's not so hard here. With that being said I sold a truck here this year and the new owner kept contacting me on fixing it after I sold it.

If I hold onto it its probably March or April till it sells unless it sells for Christmas.

Still odd because I quite like this bike but been looking at a different model for 5 months now that may fit my riding style better. Guess we'll see, I'm getting the new one it's just a question of keeping this one. Space is an issue and I have a car and a truck as well.
Nov 27th 2016, 03:30 PM   #12
 Josh's Avatar
 
  Jul 2016
  The Couv

Yeah, Seattle area is the biggest market around and only a 3 hour drive from Portland.

I would definitely wait to sell until late spring when people are itching to ride. Make sure you take some good pics!

Once you sell a vehicle, there is no reason to return their calls. All used vehicles are as is, no warranty implied.
Nov 28th 2016, 09:28 AM   #13
 FZ1Mike's Avatar
 
  Sep 2016
  Kenmore

  2005 Fz1 The Fazer
Whats the new bike?
Nov 28th 2016, 09:31 AM   #14
 
  Jan 2016
  Oregon

  Suzuki
Quote:
Originally Posted by Josh
Once you sell a vehicle, there is no reason to return their calls. All used vehicles are as is, no warranty implied.
That is a bad attitude dude and does not encourage the purchase of used bikes.

No, there is no warranty. Hopefully you have not misrepresented the bike. Maybe they just have a question. If something failed within 48 hrs of sale and I was completely unaware of it, I would want to know about it. There are a few trust issues here, and nobody needs to make new enemies.
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Nov 28th 2016, 03:37 PM   #15
 CaptainAwesome's Avatar
 
  Jan 2016
  WA

  Lowrider S
Quote:
Originally Posted by FZ1Mike
Whats the new bike?

Fast and American




(I'll let that cat out the bag when I have pictures)
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