Valuation(sp) K5 SVS 5K Miles

[Sally]

Looking at buying a newer SV, like the colour black, and respraying ym K3 is going to be too much ££ and effort.

Looking at this bike, 5000~ miles, K5, looks reasonable condition, its for sale in a auction, just wondering on price??

Thanks, David.

http://www.goanm.co.uk/tsa/salesinfo/coach_house_individuals/322a.jpg

[gettin2dizzy]

Anything from 2500- 2900 depending on condition.

Pretty much what you're willing to pay for it!

[Sally]

Its going in for a auction, the firms went into administration..
they had a price of £3199 on their website i just found..
Overpriced then?

Also, if its listed in a auction, think theres any chance they would do me a private deal?
I have minimal knowledge of how business's in administration work.

[TazDaz]

I'd say £3k is very overpriced for a K5 when you consider that K7s and K8s are usually just past the £3k mark!

[gettin2dizzy]

£3.2k I'd say is overpriced. Mind you, I'm selling my bike for a few 100s less than I could get if I waited, so I'm probably the wrong person to ask!

[peterco]

From Parkers valuation

Suzuki SV650S K5

2005/05

Original Price£4,599
Independent Dealer£2,970
Private Good £2,550
Private Poor £1,715
Part Exchange£2,045




pete

[Amplimator]

one thing i noticed about the newer black framed SV's when i was lookin for myself is they seemed to rust better. (why i brought my K3 in the end)

is it really worth selling ya current bike jus for change of colour? i'd keep the K3 til u wanna upgrade to summit bigger m8

jus my 2p

Amp

[thefallenangel]

paint's coming off the frame of my K6 badly, corroded to moses but i think it's just shizzle finish from suzuki.

Looking at that more than 2.5k i'd be a bit gutted for paying even more so in the current financal climate as the bike's 4 years old.

[dyzio]

Nice bike, very nice bike... but is there a point?
Yes, it's a lovely bike :) but, there's nothing wrong with yours (ok, it likes to drink).

My point is that it would be painful to drop the nice bike (and I think most of us have dropped a bike at some point), let alone something more serious...
I'd say ride the one you have and when your restriction is up you can get a new one (SV or different).

[Sally]

Mmmm i like the colour black? Heh

Would probily mean selling the cage as well..

phoning Shirlaws tomorrow, seeing if they have a black bike with a black frame in....

[Messie]

I paid about £3,200 for one of them, same year, same mileage same colour, just over a year ago

[Sally]

Think am leaving it..
Thanks for the help though guys..

[haggis]

I'd still go to the auction mate. I'm no expert - but a bit of advice....

If, as quite a few folk have said here, £3.2k is overpriced then no-one at an auction is going to pay that much where it's sold as seen. Probably a very good chance, it'll go for quite a bit less actually.

Don't go daft with your bids, set yourself a max - around £2500/2750 i suppose - somewhere between bargain and sensible money. Especially as you're thinking of selling bike+car to get this, wont you need a bit of spare cash to restrict this one, fuel etc.???

Take a mate with a cool head who'll talk you out of overbidding and point out the faults on it as all you'll see is a gorgeous black SV!!! [Dyzio, Baz, etc..... Spearies i'm hinting at you guys!!] Don't be tempted to 'go a bit over' if someone else is bidding against you. There are others out there, and it's a buyers market this year.

Good luck mate!! :D

[Luckypants]

From Parkers valuation

Suzuki SV650S K5

2005/05

Original Price£4,599
Independent Dealer£2,970
Private Good £2,550
Private Poor £1,715
Part Exchange£2,045

It's in an auction, the company has gone bust, they will take what they can get. I would pay no more than part ex. money for it. Recently a K4 with 6K miles on went through a local (non-motor) auction here in N. Wales and was stuck on £800 for a long time, before eventually going for £1600. Go along, but stick as low as possible and walk away when it goes over p/x price.

[Sally]

Tempting..
Thanks luckypants and haggis..

Not sure if i can make the auction, but will be following it online.
Cheers.

[M.C.]

I sold my black K5 in oct 07 with a lot of extras and under 2k miles for £3000