Second-hand bike market?

[junkmanjoe]

ive been trying to sell my bike for a we while now, it seams the bigger bike market is on a go slow......
are you trying to sell and your thoughts please..

JMJ.

[crazzed]

there all over priced thats all.:crybaby:

[FJRider]

Apparently ... there's a recession on ... did you not notice ... ??? :blink:

[junkmanjoe]

ive dropped my price by nearly $4,000, its now below market value....
i cant afford to give it away...:facepalm:..

JMJ

[marks]

ive dropped my price by nearly $4,000, its now below market value....
i cant afford to give it away...:facepalm:..

JMJ

given its apparent low value aren't you better off to just keep it and ride it rather than loose so much?

[puddytat]

ive dropped my price by nearly $4,000, its now below market value....
i cant afford to give it away...:facepalm:..

JMJ

Market value is only what the market is prepared to pay ....I reckon.
Ive seen several bikes that Id've brought before the recession for what i thought was a good price whereas now most would have to drop by closer to a 1/3rd in price to get my wallet out. Tis a bugger for the seller, but its a buyers market I reckon & a sellers nightmare.Especially if your still paying it off.:facepalm:

[Mom]

There are buyers out there, price will determine the length of waiting to sell.

I have just spent a bit of money buying a new ride. I am happiness filled. I tried hard to buy the bike of my dreams, but she did not like the colour of my money. I see the price has dropped another $500 in the last week. She is still dreaming but...

[Rhys]

What are you basing "market value" on?

[Mom]

i cant afford to give it away...:facepalm:..

JMJ

So dont. Keep it. Withdraw until the market picks up :yes:

[junkmanjoe]

given its apparent low value aren't you better off to just keep it and ride it rather than loose so much?

if i keep riding it it will only devalue more , so its sitting in my garage, cleaned serviced and ready for new owner...... and there it will stay till sold....

im far to tied up with work for quite a while on 6 day contract, ( next 2-3 years ) so biking will take second place.
ill take a few days off middle year for my 40th other than that.....working.

would like some one else to enjoy the beast, rather than have it just sitting in my garage..

JMJ

[junkmanjoe]

What are you basing "market value" on?

has been valued by ktm nz.. and 4 other ktm dealers around the country.

JMJ

[ops.normal]

I've sold and bought in the last 6 weeks, all trademe based. I found I took a bit of a hit selling (GS500F is a bit of an orphan and didn't want to carry it through winter) and when buying I was watching every new listing (600cc) daily. Most bikes seemed to sit, but a few I thought weren't a bad price were up and gone in a day or two. And that's what happened when I finally found the bike I've bought, it was up at 8am and I'd test ridden and bought by 6 pm.

If you sell and buy in the same market your buying power shouldn't change. If you cash up and then wait, and the economy drastically picks up, your buying power drops. Also the summer/winter oscillation to factor. Sell now and buy in winter = good!

[Crasherfromwayback]

The problem being (well one of them), is that everyone is now trying to get retail for their bikes via TM. Some (a lot then) more than! It doesn't work that way people.

[junkmanjoe]

ive taken in advice from the people up stairs and down.... set my price very tidy for a bike of this nature... i hope some one snaps it up.. its a great bike and Ive toured our country well on it..far and wide high and low.... still got a little part ive not visited yet....
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http://www.trademe.co.nz/Browse/Listing.aspx?id=361938788
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JMJ

[Voltaire]

I'm sellling my 900ss ie on TM .....not a nibble. I've decided just to run classics due to the cheaper rego and I've had my sports bike fun and am now over them....
Be lucky to get much over 5K at the moment. About 1/2 what I paid for it 2 1/2 years ago...:violin:
There are lots and lots of bike on TM....its a buyers market....such is life.
Rego due in May.....:gob:

[ukusa]

some new bikes are also much cheaper now than they were a few years ago. That doesn't help. If you have a fairly new bike, it pays to check the current new price. Even with several aftermarket accessories, people still have to be swayed with a cheaper than new price.
Example. I sold an 07 Triumph America in mid 2009. I paid $17,290 new from memory. Now they're $14,990 new.

[rocketman1]

From what I see on trade me is that most people want the same price if not more than the dealers will sell them for.
Greedy bastards will sometimes sell, realistic priced unlikely to sell must be 15% cheaper than a dealer though,........ cheap will maybe scare people away
The trouble is Joe Bloggs can't always see a bargain. They think something is wrong if its cheap. Then tell you your greedy if its dear.
Had my old KDX200 for sale on TM for months, for $2K it was a bargain, excellent bike, no one wanted it, put the price up to $2500, sold it a week later for $2450, was I being a greedy bastard probably, go figure

[KevinD]

The problem being (well one of them), is that everyone is now trying to get retail for their bikes via TM. Some (a lot then) more than! It doesn't work that way people.

Not to mention many bikes are pretty dam average, and more than a few are just overpriced rubbish, especially the dirt bikes. $2k for a 10 year old dirt bike, come on get real.

[oldrider]

ive dropped my price by nearly $4,000, its now below market value....
i cant afford to give it away...:facepalm:..

JMJ

You are not alone JMJ, (thanks to Nick Smith)

I have toyed with the idea of selling my bike because ACC component in registration along with my other vehicles makes it too expensive for me now!

But I love bikes and especially the one I have now and do not really want to be "forced" to end my riding days prematurely just because of a lying bastard like Nick Smith!

If National want to introduce competition in the ACC field "OK", just do it and be honest about it but fucking around like Smith is doing fudging figures and lying about it, really pisses me off!

("NO", Labour or any other alternative government will not reduce the cost of ACC)

If I can not find a buyer for my bike I will put it on hold (2 months rego left) and store it for my grand-kids if they want it!

Meanwhile, if there is an 07 Triumph Tiger 955i (with a lot of extras) "enthusiast" out there, give me a PM.

[junkmanjoe]

I hear ya there....

when i brought he bike i paid $14,999 for it, today its not worth much over $10,000
on the show room floor.

some one will end up with a real tidy will priced adventure bike..

JMJ

[Spearfish]

Just ride the bastards!!

I think the numbers of bike/bits, shyt, everything else on trademe seem to be low volume at the moment. Partly the so called recession but I think plenty of spare cash has gone to CHCH earthquake appeals leaving people coin short for trademe or even other charity's who are starting to struggle.