2007-03-23 16:33:56 · 9 answers · asked by Anonymous in Cars & Transportation ➔ Motorcycles
It'll give you a good ballpark figure Don't stick to it too firmly though, KBB is just a average statistical guide.
2007-03-23 16:40:00 · answer #1 · answered by pancakes & hyrup 6 · 1⤊ 1⤋
You know it depends. The Kelly Blue Book is actually a document for lending institutions and dealers to use for how much to lend and sell to potential buyers, and is affected by market demand as well. I do not know that much about import bikes, but American V-Twins hold their value a bit better.
I came from the auto industry some years ago, and the demand for the make and model of the car would determine if we would even want it in our lot, or if it is a known quick mover.
Don't overbid on a dog market performer, and don't expect a steal on a star mover.
2007-03-23 16:44:34 · answer #2 · answered by jimmyd 4 · 0⤊ 1⤋
When I was a sales manager at a motorcycle dealership for 5 years we always used NADA guides. The Kelly Blue Book is so far off when it comes to the actual realistic value of a motorcycle.
http://www.nadaguides.com/
Dealers are almost exclusive to this value guide.
2007-03-23 19:35:57 · answer #3 · answered by TONY 4 · 0⤊ 1⤋
If you want a guideline, use Kelly Blue Book wholesale value. Retail is too high!
2007-03-23 16:38:36 · answer #4 · answered by know da stuff 4 · 0⤊ 1⤋
They are accurate for some and way off for others. Do a survey of actual classifieds ads, and look at the same model in dealers if you can. Condition is more important than the 'guide' price, more so as the bike gets older.
Some bikes, especially rare models, tend to actually exchange for far lower prices than the guide or even classified ad 'asking' prices suggest.
2007-03-23 16:37:53 · answer #5 · answered by llordlloyd 6 · 0⤊ 1⤋
Certainly can, look at both values, trade in and retail. The truth usually lies somewhere in between. Don't for get to take into account if the owner had any nice features installed as well.
2007-03-23 16:38:40 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Kelly is a pretty good first reference, but unlesss I'm mistaken, their prices are more regional/west coast prices. Use their information plus what you can find in ads, etc in your general area.
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2007-03-23 16:44:18 · answer #7 · answered by J T 6 · 0⤊ 2⤋
Yes, but don't forget to take in account the miles and condition of the bike.
2007-03-23 16:41:53 · answer #8 · answered by Mariposa 7 · 0⤊ 1⤋
yes if its from a dealer and been fully serviced no if its from a individual then its less
2007-03-23 16:50:37 · answer #9 · answered by howdy doody 3 · 1⤊ 2⤋