motorcycle blue book value

Motorcycle blue book value

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The Internet is great because when it's time to make a purchasing decision, information is right at our fingertips. It's also not so great, because not all that information is accurate and up to date. If you're searching for used motorcycle values, there's usually a big discrepancy between numbers, so it's hard to know which resource is accurate. Sometimes they start with an estimate from Kelley Blue Book motorcycles, then they notice Cycle Trader is selling their model for much, much less. Let's talk about what goes into computing used motorcycle values so you have a better understanding of what you can expect. First off, when people talk about "blue book," often they just mean current market value.

Motorcycle blue book value

A motorcycle's "blue book value" is the generic term for the market value of a motorcycle made in a particular year by a particular manufacturer. The Kelley Blue Book KBB is the origin of that term and is one of the most well-known pricing guides for those in the market for a used motorcycle. In , J. Power bought the company and expanded the offerings to includes motorcycles, RVs, classic cars, boats, and manufactured homes. NADA Guides offers print appraisal books on both newer motorcycles as well as snowmobiles, ATVs, and personal watercraft and vintage, collectible, and retro motorcycles. KBB says that it determines values for motorcycles based on data obtained from "auctions, dealer sales reports, and dealer surveys, plus dealer and consumer listings and sales transactions nationwide. After you've searched for a particular motorcycle—by providing the year, make, and model—you are asked to select either Trade-In Value or Typical Listing Price. The former is the amount you might expect to get when trading in a used motorcycle in good condition with all of its original standard equipment. The latter is what a dealer would likely ask you to pay if you were looking to buy a used motorcycle in good or better condition. Some motorcycles that you search for will have information on the value of additional equipment, which you can see by clicking on Optional Equipment. KBB assumes that these additional options are also in good condition. KBB does not take into account the mileage on the odometer. KBB says that road conditions and the previous owner's riding style have larger effects on the bike's value than mileage. You can start your search for motorcycle values on NADA Guides' website by selecting a manufacturer or a category of bike, such as Cruisers or Motocross. Ultimately, as on the KBB site, you'll choose a year, model, and make.

Customers sometimes wonder why different Harley dealerships will quote them different motorcycle trade-in values.

I have read and understand the conditions stated below and will not hold Canadian Blue Book Trader responsible for the price I buy or sell a vehicle for. Extra-Clean represents the top 15 to 20 percent of the marketplace. To rate a vehicle as extra clean, the vehicle must look like new, be in excellent mechanical condition and require no reconditioning. Mileage is usually low. This is sometimes referred to as "showroom" condition. This vehicle should also have complete and verifiable service records.

A motorcycle's "blue book value" is the generic term for the market value of a motorcycle made in a particular year by a particular manufacturer. The Kelley Blue Book KBB is the origin of that term and is one of the most well-known pricing guides for those in the market for a used motorcycle. In , J. Power bought the company and expanded the offerings to includes motorcycles, RVs, classic cars, boats, and manufactured homes. NADA Guides offers print appraisal books on both newer motorcycles as well as snowmobiles, ATVs, and personal watercraft and vintage, collectible, and retro motorcycles. KBB says that it determines values for motorcycles based on data obtained from "auctions, dealer sales reports, and dealer surveys, plus dealer and consumer listings and sales transactions nationwide. After you've searched for a particular motorcycle—by providing the year, make, and model—you are asked to select either Trade-In Value or Typical Listing Price. The former is the amount you might expect to get when trading in a used motorcycle in good condition with all of its original standard equipment. The latter is what a dealer would likely ask you to pay if you were looking to buy a used motorcycle in good or better condition.

Motorcycle blue book value

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The blue book value of a motorcycle can often serve as a starting point for negotiating a price, but it isn't the only factor to take into account. Related Posts. National Automobile Dealers Association. This price includes any repairs the dealership made before putting the motorcycle on the market. Let's talk about what goes into computing used motorcycle values so you have a better understanding of what you can expect. They're not necessarily pulling that number from a specific resource. Factors KBB and NADA Use Both resources have easy-to-use websites, and getting a value is free, so it doesn't hurt to run your bike information through both and compare used motorcycle values. Buying and Selling a Motorcycle in North Carolina. Most qualify even with bad credit. You can visit the Kelly Blue Book website directly to find your motorcycle's value.

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Maintenance history, option upgrades, performance history and current regional economy should be considered when determining a final selling price. Calculating used motorcycle values for a dealership is about numbers. These choices will be signaled to our partners and will not affect browsing data. If you plan to buy, check out our blog post on how to negotiate when buying a motorcycle. National Automobile Dealers Association. All rights reserved. KBB does not take into account the mileage on the odometer. We know about what we can sell it for, how long we might have to sit on that money, what marketing is going to cost and how that model is selling right now. The value of any vehicle will depend on the cosmetic condition, mileage, mechanical condition and origin. Aspects of this valuation tool may change over time, but these steps should remain similar. Our staff has a lot of experience inlling bikes. Was this page helpful?

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