Newbie price advice please

[jameslake]

Hi everyone - another newbie here.... :) :stupid:

I am currently still riding a good old CG125, but am in the process of doing Direct Access and getting an SV650S on many peoples' recommendations...

So - I have a found a 55 plate (Jan06 reg'd) SV650S up for sale at £3000 ono

It is completely standard with only 3000 miles on the clock, 1 lady owner and is in very good, tidy condition...

Please could someone advise what a fair price for this bike is?

I'm considering buying it in advance of getting licence as it looks like a good deal and is exactly what I am looking for - I know the seller is prepared to take an offer and, given the time of year, and am sniffing a potential bargain...

cheers,
James

[Buffty]

I would say that £3000 is a fairly good price for a 2 year old bike with only 3000 miles. The SV650S seems to hold its value between £2200 and £3200 depending on mileage and condition. THat bike is barely broken in.

Buy it, you won't look back.

[embee]

Easiest way to check out reasonable prices is look at the MCN adverts (http://www.motorcyclenews.com/MCN/bikesforsale/)

[Biker Biggles]

Bikes take a drop at two years old when the warranty runs out.
They also dont sell at this time of year,hence you have a buyers market.
Id offer 2500 and hope for a deal.;)

[jameslake]

Bikes take a drop at two years old when the warranty runs out.
They also dont sell at this time of year,hence you have a buyers market.
Id offer 2500 and hope for a deal.;)

cheers - my thoughts exactly...

are there any tell tale signs of known/impending problems?

[yorkie_chris]

Yes, when you get a little more experience you'll probably realise just how silly it was to buy a pointy.

[Wild Bill]

wot`s so silly about buying a pointy?Do you mean curveys are better?

[yorkie_chris]

Yup

[Biker Biggles]

Check the service history.Should have had one at 600 miles and another at twelve months.The 600 mile one is very important,the twelve month one less so at that mileage,but can be a good bargaining point.Look at the consumables such as tyres,brakes and chain,and look for any scratches or damage that might have been caused by a drop.It should be in good nick at that mileage.

[yorkie_chris]

+1 for that.

If the chains knackered, its £100, if the tyres are showing canvas, it's £150.

All of a sudden that bargain isn't so much of a bargain!

You can see the brake pads if you look down the forks, check theres some left on them. TBH with that mileage I don't think there'll be any wear to speak of so long as they have actually oiled the chain once in a while.

[Dave The Rave]

Check the service history.Should have had one at 600 miles and another at twelve months.The 600 mile one is very important,the twelve month one less so at that mileage,but can be a good bargaining point.Look at the consumables such as tyres,brakes and chain,and look for any scratches or damage that might have been caused by a drop.It should be in good nick at that mileage.

Second that plus

1) check handlebars, pegs, exhaust for any signs of damade. (good indicatin bike has been dropped)
2) did any1 mentioned PHI check?
3) also check for any signs of corrosion on forks or down pipes and the current state of bolts. they do not last that well on Suzukis.

[Girth]

Yes, when you get a little more experience you'll probably realise just how right it was to buy a pointy instead of a curvy.


:D

[jameslake]

Thanks again...

Tyres, brakes, chain, sprockets, paint all look good and no obvious signs of being dropped and looks like it has been garaged or kept undercover. Finance is the one thing I haven't checked yet - tempted to pay for an MCN check... Also going to take a friend next time I look to double check.

yorkie_chris - call me an idiot, but whats the deal with curvy vs pointy?

cheers :)

[yorkie_chris]

Not a great deal, they're just slightly different, everyone who has a curvy knows they are best, everyone with a pointy is deluded into thinking that they're best.
Hence the standing debate/pi$$taking. :p

[Scoobs]

call me an idiot, but whats the deal with curvy vs pointy?

cheers :)

No deal - Just peoples preferences over looks. Some like curvy, some like pointy. Both pretty much the same. Curvy is carb'd, pointy in injected.

[cuffy]

And blue curvies were the fastest model ever made ;)
Welcome to the madhouse.
One piece of advice........ignore hovis :smt057

[ASM-Forever]

I personally wouldn't pay £3000 for a K5, i've seen a few K7 going for that sort of price. By the time a new bike has rolled out the dealership it has already lost all the value from VAT and being 2nd hand.

Assuming the condition is good, then i think £2500 is more realistic, especially at this time of year.

[Dualcyclone]

I personally wouldn't pay £3000 for a K5, i've seen a few K7 going for that sort of price. By the time a new bike has rolled out the dealership it has already lost all the value from VAT and being 2nd hand.

Assuming the condition is good, then i think £2500 is more realistic, especially at this time of year.

I bought my K7 pre-reg'd from a dealer in december. That was £3800... I'd imagine being as they will be old stock soon enough when dealers come to get the new'uns, they'll be throwing them away, maybe £3500 or less. I think I ended up paying another £500 for alarm and accessories before I even picked it up!

The advantage of this as well is the 0% finance - and if its prereg'd you wont need to take any insurance docs with you. I'm not so sure how the whole process is savvy to whether you have got a full licence or not.

Either way, £3000 is probs a bit steep for a bike in completely standard condition. I'd just check how well maintained it is and like the others have said, throw in a medium-low offer, I'd even be tempted to say £2400, they can only say no, then see what the deal is from there!

[jameslake]

Or I suppose I could be patient and wait for the '08 model to come out and then hunt for '07 model bargains at dealers...


what about ex-demonstrators?

[Dualcyclone]

Or I suppose I could be patient and wait for the '08 model to come out and then hunt for '07 model bargains at dealers...


what about ex-demonstrators?

They'll be clearing them out before they get any of the new stock in...

http://search.autotrader.co.uk/es-uk/www/bikes/SUZUKI+SV/Ne-2-4-7-8-27-64-104-133-146,N-18-122-141-4294967165-4294967252/search.action

Thats a search nationally for 1yr old SV650S's...

Theres a K7 with 2000 miles for £3200 there... I'd prefer to go trade from a Suzuki dealer, at least then they are required to check it over before they sell them! And it would come with a minor warranty too incase it buggered up soon after buying it!

[sv-robo]

I would say that £3000 is a fairly good price for a 2 year old bike with only 3000 miles. The SV650S seems to hold its value between £2200 and £3200 depending on mileage and condition. THat bike is barely broken in.

Buy it, you won't look back.
+1

[ASM-Forever]

£3000 is a good price for a 2 year old bike? Seriously?

Look around more!

[Dualcyclone]

£3000 is a good price for a 2 year old bike? Seriously?

Look around more!

I wouldve said an extra couple hundred for a K7 was better... which is probably still negotiable!