I am interested in selling my 2005 VFR. I was wondering what it is worth? I live in FL, the bike has 17,000 miles all stock except for K&N airfilter, never layed down, has full set of Honda Factory Hard Bags sides and topper. Bike is silver color, tires have 1,000 miles on them. Oil has beeen changed every 3,000 with mobil 1 synthetic. Any idea of what I should ask for it.
Any help is appreciated
Thanks, Tom
[image: View Post]Buck9475, on Aug 26 2009, 09:40 PM, said:
I am interested in selling my 2005 VFR. I was wondering what it is worth? I live in FL, the bike has 17,000 miles all stock except for K&N airfilter, never layed down, has full set of Honda Factory Hard Bags sides and topper. Bike is silver color, tires have 1,000 miles on them. Oil has beeen changed every 3,000 with mobil 1 synthetic. Any idea of what I should ask for it.
Any help is appreciated
Thanks, Tom
Just a rough guess, $4500 low $5000 high in this market....
[image: View Post]Buck9475, on Aug 26 2009, 08:40 PM, said:
I am interested in selling my 2005 VFR. I was wondering what it is worth? I live in FL, the bike has 17,000 miles all stock except for K&N airfilter, never layed down, has full set of Honda Factory Hard Bags sides and topper. Bike is silver color, tires have 1,000 miles on them. Oil has beeen changed every 3,000 with mobil 1 synthetic. Any idea of what I should ask for it.
Any help is appreciated
Thanks, Tom
I realize you don't want to hear this, but even though the bike is in pristine condition and has relatively low miles, you aren't likely to get more than whatever the KBB or NADA books say it's worth. When it comes to selling motorcycles, it's almost always a buyer's market. In tough economic times like these, even more so. Best of luck to you.
I would say start at $600-$700 for the whole kit including mounts, top box and saddlebags. I paid over $1300 for my whole kit brand new and that was getting the lowest prices possible for them.
Just sell it all together. Your VFR would be more appealing than other VFRs without bags. Always try to have the most appealing listing versus other VFRs for sale.
It's a pain to sell different parts mind you bags would probably be relatively easy to sell.
According to the Motorcycle Consumer News Used Bike Value Guide, July '09 edition the retail value of the non-ABS is $6515, ABS $7145 with this disclaimer:
"The prices given here are for the full
retail value of a stock motorcycle in a reconditioned or
clean, undamaged and well-maintained condition with average
mileage ready to be sold by a dealer or between individuals. The
value assigned is a national average."
Of course, the current market and individual mcy condition determines the real price a buyer is willing to pay. In my area, dealers are advertising '07 new hold over non ABS models for $6991. This is essentially identical to the '09 with a MSRP of $10,799. Quite a discount, eh?
Nonetheless, why would I pay $6515 for a cream puff '05 with whatever mileage, when I can have a brand new '07 for another $476? This is kind of illustrative of where values have slid in this market.
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