I sure got screwed on my bike. I payed $10500 out the door for my 04 with extended warranty and gap insurance. I knew I wasn't getting a good deal but I was too excited/stupid to go elsewhere.
You're numbers look more appealing than the bluebooks'.

 

I Was kinda wondering the same thing because one of these days I might go liter and I couldnt keep two bikes

 

yeah i was just playing with numbers.... in the future im gonna go liter as well..

not sure which one though.. oh yeah and im keeping the 600RR..

im gonna keep my 04 600RR forever i think...
and go new in a few years...

 

you are not too far off back in 03 I sold my 94 CBR F2 for 3500 right after i bought
my RR

 

kbb is a POS.
its so inaccurate, like im an M3 fanatic, and what they say the average E36 M3 goes for, is nowhere near their actual price.
and with bikes it just seems to be worse cause it doesnt even have amileage factor in it.

 

Im a used car manager for a toyota dealership and use KBB.com quite frequently for trade in appraisels and I think its very close if not right on for most vehicles. You have to understand that what people are selling there vehicles for on the street and what the trade in values are, are completly different. The dealer when taking a vehicle in trade has to take into account not only the room they need to make a profit but, they also have to completely service the vehicle which can get pricey. The cant sell a car/bike without spending time making sure its all good mechanically because they are liable for for that car once it leaves the lot. If somthing goes wrong with a vehicle a month after its bought or less (in Ca) the dealer is held responsible. Its a headache no dealer wants to deal with.

 

KBB trade numbers can go pound sand... no way in hell im giving up my bike for $4,000. When I bought my RR, they had a used 05 F4i for $7,000 and they wouldnt budge a penny, got my NEW RR for $7800.

 

KBB trade numbers can go pound sand... no way in hell im giving up my bike for $4,000. When I bought my RR, they had a used 05 F4i for $7,000 and they wouldnt budge a penny, got my NEW RR for $7800.

You shouldnt trade it in! With any vehicle you will always get more $$$ selling it private party.

 

You shouldnt trade it in! With any vehicle you will always get more $$$ selling it private party.

You do realize that if you trade it in, you don't have to pay sales tax on that amount?

If your in cali, sales tax is 8%, that's nearly $500-$600 of savings in taxes right off the bat

 

Same deal here Drew...local Dealer here wanted to "make a deal" on an 05 for $8,799(before tax and all that other sh!t) and had a used 02 with 14,000 miles for $6,999 and wouldn't budge on it! I ended up driving 2 hours away from here and buying a brand new 05 for $6,983....

that KBB is close on the prices but you will most likely sell your bike for more then that BS book says! I never go by what the book says....I go by what I can get for it from the right person.....

And on another note....the NADA book you buy at your local auto parts store IS NOT the same NADA book the dealers use!!! I just looked my bike up on the dealers NADA and it was at $8,200 (high retail) which is more then what I paid for it brand new....So I wouldn't be to worried about the resale value of your bike.....

Don't sweat it!

your good!

 

cars and bikes are the same.. once you buy them they immediately depreciate... there is no way around that... it makes me think twice about buying that expensive car.. spend 30K on something and then in 3 years it is only worth something in the low 20's it not the teens...

 

which is why im a firm believer in buying used.
Let someone else take that initial big ass loss.
I think my next bike will be the current year but a low miles trade in, its the best way to go man.

 

I think the main point with KBB, Edmonds, or any other pricing book is the fact that they are just a "GUIDE." These books do not take into consideration what the market is actually paying for cars and bikes, they are only estimates. The value of certain vehicles will definately vary because of location, production numbers, mileage, condition, trade-in, private party selling, etc... Everyone definately has some valid points. Just wanted to put in my $.02 about these books being guides.

 

which is why im a firm believer in buying used.
Let someone else take that initial big ass loss.
I think my next bike will be the current year but a low miles trade in, its the best way to go man.

i like the idea of buying used... jsut have to really check the car/bike out and make sure it is in good shape.. esp leased cars.. many leased cars are not taken car of properly...

 

fo sho, imagine if you could lease a bike, loll id lease a new one every season, cats would swear im a big baller. lol.

 

hope this makes you feel better this is from nada today on 2003 600RR
November 7, 2005
Low Retail Average Retail
$4,535 $5,965

 

Dealers around here go on KBB.com and use it, and take that price and give it to you.. no dealing at most places. Sucks. I had a 03 YZF600RR that I traded in for my RR last year, guy gave me 3K after it had been dropped... with 2K miles on it. I think I paid in the rage of 6 for it? Don't remember.