01-04-2021, 02:25 PM
I think the prices for CB1100s has been recovering slowly. It seems like used prices bottomed out in 2016, when Honda decided to clear the warehouses of '14 STD models. There were several local dealers selling them for $6K brand new, which sunk used prices into the mid $4K range. Lately, with a few exceptions, most prices are trending into the high $6K to low $7K range for standard '13 and '14 models.
When it comes to specialty insurance, I'm in the same boat (so to speak) with my plane. I also have to declare a hull value every year. I've been helping a friend search for the same model and found out that my hull coverage was about $8K below current market. The higher value doesn't benefit me because I'm not selling. Just adds more to this year's premium.
When it comes to specialty insurance, I'm in the same boat (so to speak) with my plane. I also have to declare a hull value every year. I've been helping a friend search for the same model and found out that my hull coverage was about $8K below current market. The higher value doesn't benefit me because I'm not selling. Just adds more to this year's premium.