Second-hand bike market?

**junkmanjoe** · 20th March 2011, 16:42

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** · 20th March 2011, 16:48

there all over priced thats all.

**FJRider** · 20th March 2011, 16:52

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

**junkmanjoe** · 20th March 2011, 18:31

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

..

JMJ

**marks** · 20th March 2011, 19:19

Originally Posted by junkmanjoe

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

..

JMJ

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

**puddytat** · 20th March 2011, 19:23

Originally Posted by junkmanjoe

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

..

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.

**Mom** · 20th March 2011, 19:25

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** · 20th March 2011, 19:26

What are you basing "market value" on?

**Mom** · 20th March 2011, 19:27

Originally Posted by junkmanjoe

i cant afford to give it away...

..

JMJ

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

**junkmanjoe** · 20th March 2011, 19:43

Originally Posted by marks

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** · 20th March 2011, 19:45

Originally Posted by Rhys

What are you basing "market value" on?

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

JMJ

**ops.normal** · 20th March 2011, 19:48

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** · 20th March 2011, 19:57

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** · 20th March 2011, 20:25

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/List...x?id=361938788
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JMJ

**Voltaire** · 20th March 2011, 20:28

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...

There are lots and lots of bike on TM....its a buyers market....such is life.
Rego due in May.....