Motorcycle blue book value

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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.

Motorcycle blue book value

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. They're not necessarily pulling that number from a specific resource. Kelley Blue Book has been around so long and been so widely referenced it has just fallen into common vocabulary usage as a generic term for vehicle value. The two resources each have their own criteria for assigning used motorcycle values. However, KBB isn't a bad place to start when you find yourself asking, what's my motorcycle worth? KBB and NADA calculate used motorcycle values based on recent motorcycle sales - how much bikes bring at dealer auctions, what they rent for, how many there are for sale in an area, the national and local economy and the time of year.

The site offers four prices on motorcycles:. Private sale value can be defined as the price a buyer would expect to pay to purchase a motorcycle from a private seller.

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.

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.

Motorcycle blue book value

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Customers sometimes wonder why different Harley dealerships will quote them different motorcycle trade-in values. Power bought the company and expanded the offerings to includes motorcycles, RVs, classic cars, boats, and manufactured homes. We regularly work out deals with people from out of state, and if their trade is as they represent it and they want to buy the bike we have for sale, we can agree on all the numbers ahead of time. If you plan to buy, check out our blog post on how to negotiate when buying a motorcycle. Note: If you want to buy a used bike out-of-state but are concerned about its condition, you can get a vehicle history report or have the bike inspected. However, you can use the information they provide to calculate it yourself. This price includes any repairs the dealership made before putting the motorcycle on the market. 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. If we know there's a high demand, we also know we can re-sell it for a good price, and we'll pass that on to you. You'll also be asked for your ZIP code and any special options. Use limited data to select advertising. Understand audiences through statistics or combinations of data from different sources. 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. One way dealerships increase their margins is by paying as little as possible for trade-ins. The NADA Guide uses a variation on these calculations to come up with its own values for motorcycles.

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Sometimes people try the walking out trick and when they come back, they find someone else rode off on the bike they wanted. KBB and NADA calculate used motorcycle values based on recent motorcycle sales - how much bikes bring at dealer auctions, what they rent for, how many there are for sale in an area, the national and local economy and the time of year. Buying and Selling a Motorcycle in North Carolina. You can get a ballpark idea, but KBB and NADA both get their information from national transactions, and they aren't always up-to-the-minute. Hence why we recommend the calculation above. Private sellers are not required to do so. NADA allows you to enter customizations for a more accurate idea of what your bike might be worth. Create profiles for personalised advertising. Our staff has a lot of experience inlling bikes. But if your credit isn't so great and you don't have enough cash to buy the bike you want, you need a dealership that will let you buy on payments. 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. For example, if your model is quite common and not very popular, it will have a lower value. Immediately after a new motorcycle is purchased, its value begins to depreciate. However, you can use the information they provide to calculate it yourself.