Blue Book value? - Honda Rebel Forum

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Old 08-29-2012, 08:24 AM   #1
 
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Blue Book value?

Hey everybody

Thank you all for your comments on whether to hold off until spring to start my "motorcycle career" I got my permit this last weekend and have been able to get into a MSF class next weekend. I am so excited.
My partner and I have been looking around at a few bike dealers already and my question is this: how much should you pay over the Blue Book retail value for a bike through a dealer? I've read that for a used bike you shouldn't go over and if they have added bags or other additions to take them off and buy your own. For example, one local dealer had a 2002 Rebel for $2700. I thought this was very high considering BB value is about $1600. Thanks for any help.

Lisa
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Old 08-29-2012, 09:45 AM   #2
 
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You should pay the lowest possible price. A dealer has no were near the blue book value invested in a used bike. Take print out of craiglist adds and classifieds with you to show the dealer his competition and that he should match them. Don't be too anxious to pull the trigger and make your offers in cash. Checks can be a hassle for them as well as a tax liability.
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Old 08-29-2012, 09:51 AM   #3
 
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Where in PA are you located?
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Old 08-29-2012, 11:19 AM   #4
 
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I am in the Lancaster Harrisburg area.
The 2002 Rebel I mentioned has 7200 miles on it. So even though the miles are low compared to average-still don't go above BB?
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Old 08-29-2012, 11:43 AM   #5
 
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That does sound high. Is this a dealer or individual selling?
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Old 08-29-2012, 11:46 AM   #6
 
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Originally Posted by lsteph67 View Post
I am in the Lancaster Harrisburg area.
Hey . I am on the other side of Reading but I bought my bike in Lancaster. Got it off of Craigslist. Any particular reason you are lookng at a dealer versus a private seller?
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Old 08-29-2012, 11:54 AM   #7
 
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Not knowing alot about bikes (right now) I feel safer going through a dealer-the bike has been checked out thoroughly and will have a warranty (?)
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Old 08-29-2012, 01:21 PM   #8
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Unless it's a newer model, it isn't likely to have much, if any, warranty from a dealer. And if it does, you will probably pay dearly for it. I'd go craigslist and see if one of the more knowledgeable members here could go look at it with you. They might be able to provide a good evaluation of the bike's condition. I'd do it if I were closer.
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Old 08-29-2012, 03:37 PM   #9
 
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Originally Posted by lsteph67 View Post
I am in the Lancaster Harrisburg area.
The 2002 Rebel I mentioned has 7200 miles on it. So even though the miles are low compared to average-still don't go above BB?
I bought a 2002 with 7100 miles this year. $1300 with nice leather saddlebags and a new tire and battery. That was buying the very first one I looked at. Should be cheaper now than it was in the spring.

With a private seller I figure I might win and I might loose. With a dealer I KNOW I will loose.

I am more trusting in NADA than I am KBB.
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Old 08-29-2012, 03:47 PM   #10
 
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You would definitely make the DEALER's day if you paid $2700 for a 2002! Think about it . . . that bike is 10 years old . . . it doesn't matter what the mileage is. Be patient. I've been real lucky on Craigslist. Picked up my '05 with 5K miles for $2000 (with a set of saddlebags and a crashbar) . . . and I probably could have "argued" for another 50-100 less, but, in the end, it's about what the BUYER is happy to pay and the SELLER is willing to take.
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