What's It Worth Part II
Okay, we will try to be serious....that is sometimes difficult around here unless we are working on the bikes!
Let's look at what it takes to come to a conclusion of how much to pay (or how much to sell) a bike for $$$$$$$$. We use the sellers base price and work up and down from there. Any number will do but, things found in a shed we start at $500.
Things we look at:
1. Is it all there and complete?
2. How are the cosmetics?
3. Is the fuel tank rusty inside?
4. Mechanical condition. Does the motor turn over and if so, what does it sound like?
5. Does it Run? Which is a big plus....but now is when you take into consideration how much mechanical noise it's making. also take note if anything else fell off or is shaking wildly.
6. What after-market parts are on the bike? Are they still functional?
7. In general, are there any dent's, cracks, or anything else unusual?
Then you adjust up or down using the information gathered from your inspection. There are no set limits on the dollar amount for each plus or minus you gave the bike. Take into consideration what it will cost to make the repairs and set your price accordingly.
It all boils down to how much you're willing to pay for something and what it's worth to you.....
Let's look at what it takes to come to a conclusion of how much to pay (or how much to sell) a bike for $$$$$$$$. We use the sellers base price and work up and down from there. Any number will do but, things found in a shed we start at $500.
Things we look at:
1. Is it all there and complete?
2. How are the cosmetics?
3. Is the fuel tank rusty inside?
4. Mechanical condition. Does the motor turn over and if so, what does it sound like?
5. Does it Run? Which is a big plus....but now is when you take into consideration how much mechanical noise it's making. also take note if anything else fell off or is shaking wildly.
6. What after-market parts are on the bike? Are they still functional?
7. In general, are there any dent's, cracks, or anything else unusual?
Then you adjust up or down using the information gathered from your inspection. There are no set limits on the dollar amount for each plus or minus you gave the bike. Take into consideration what it will cost to make the repairs and set your price accordingly.
It all boils down to how much you're willing to pay for something and what it's worth to you.....