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+--- Thread: Dealers - TradeIn Value? (/showthread.php?tid=2960)
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Dealers - TradeIn Value? - mnm2008_imp - 06-18-2015
What do the dealers use to determine the TradeIn Value? I read somewhere about a blackbook - But looks like it is subscription only.
RE: Dealers - TradeIn Value? - Papa Weeley_imp - 06-18-2015
That's "blue book", as "Kelly Blue Book", "KBB.com".
I have to assume that bike dealers work like car dealers, and they use the lowest listing for the year and model, regardless of the actual condition and mileage.
RE: Dealers - TradeIn Value? - JustPassinThru_imp - 06-18-2015
Kelly Blue Book and NADA Guide are both available in web form.
http://www.nada.com.
http://www.kbb.com
Are there secret sections for paid members only, in the dead-tree versions? Probably. But what I've found, in the last five years, is that dealers are getting lazy; they price and they pay on trade-in, pretty close to those values.
Or rather they start there and then start working up, if you're buying, or down, if you're trading in.
RE: Dealers - TradeIn Value? - CIP57_imp - 06-18-2015
Auto dealers use Galves::
Its a bit less than KBB or NADA, i don't think they rate motorcycle.
https://www.galves.com/t-productinfo_1.aspx
RE: Dealers - TradeIn Value? - Motogeezer1949_imp - 06-18-2015
KBB not going to do you any good at all......
RE: Dealers - TradeIn Value? - Papa Weeley_imp - 06-18-2015
Sure they will: http://www.kbb.com/motorcycles/
Trade-in Value: http://www.kbb.com/motorcycles/honda/cb1100/2013-honda-cb1100/trade-in/?categoryname=streetstandardcruiser
RE: Dealers - TradeIn Value? - mnm2008_imp - 06-18-2015
Never did a MC trade in, Trying to see what the dealer would come up with.. Whatever i see on KBB is the best trade-in value i can expect OR does it depend on other factors? (Trading in a - 09 FJR with 3K Miles)
RE: Dealers - TradeIn Value? - JustPassinThru_imp - 06-18-2015
(06-18-2015, 06:32 AM)mnm2008_imp Wrote: Never did a MC trade in, Trying to see what the dealer would come up with.. Whatever i see on KBB is the best trade-in value i can expect OR does it depend on other factors? (Trading in a - 09 FJR with 3K Miles)
Typical rule of thumb is that they will pay one-half to two-thirds its NADA/KBB market value.
Why even bother? They're taking the risk. Motorcycles are hard things to sell; he might have to sit on it a year or more. Paying to turn the lights on every day of that year.
You get the check that day. OR...you can take the time to advertise it; meet callers; half of whom are wasting your time. Then hope to God that his check clears - or deal with his reaction to the implied insult when you insist he go with you to his bank or yours, to confirm the check is good.
That's a lot of time and nuisance. I've sold some myself; traded a few in; and set a couple up for consignment by dealers who do that.
RE: Dealers - TradeIn Value? - Redbird_imp - 06-18-2015
I put my 09 FJR with a bit over 10k miles up for consignment at my favorite local dealer in May. It was well farkled. He sold it in 2 weeks for $8995.00. He took his cut, I got a bit over $7600. This was over a thousand more then what I paid for my 2013 CB1100 with just under 3000 miles on it.
Dealers - TradeIn Value? - mnm2008_imp - 06-18-2015
Thanks.. Will try the consignment option.