Thinking of selling up, how much is my bike worth in £? - SV650.org

26-02-06, 06:44 PM

This isnt an Ad, yet, just asking for some advice.

I have had a look at BikeTrader, as usual the asking price there is a bit too high imho (probably so they get offered a bit less and take it?). But looking on ebay, its horrendously low - as most people bid at the last minute looking at starting bids gives me no indication of what they actually go for

I don't want to sell it to a trader/dealer as they will offer me £500 below the true value, or it isnt worth them buying it to sell on.

So then, what should I be asking for? I would like to put it on ebay, but since it will cost me regardless if anyone bids, I want to get the starting price and reserve price right.

Make: Suzuki
Model: SV650s K3
Year: 2003
Registration: **03 ***
Colour: Silver
Mileage: 6755
Aftermarket Stuff: Meta 357T Alarm/Immobiliser, DHB Crash Mushrooms, Gear Indicator, Scottoiler (Tourer), Rear Hugger, Flush Front Indicators.
Condition: Very Good, a few scuffs here and there, nothing serious.

Why am I selling up?
With a baby on the way I can't afford to keep it.

26-02-06, 07:02 PM

I reckon anywhere between about £2500 and £3000 depending on condition!

Book I think is around that anyway...so shouldn't be far off!!!!

I have just sold a 2004 Silver K3 for £2600.....fully faired, with exhuast, tail tidy and seat cowl!! I wanted a quick sale and didn't want tyre kicking hagglers....but am more than happy with the deal! Maybe could have got more, maybe less!

Grab a copy of Ride which has guideline prices in...I have just checked the latest edition which puts it at £3000...but I always think they are a little generous!

Perhaps stick it up for £3000 and then that gives your room for haggling...

26-02-06, 07:18 PM

I was offered £2100 for my 2003 curvy last week, I would think mine is worth £2350 - 2500 and yours should be worth 2500 upwards

Lissa · 26-02-06, 07:25 PM

We've just paid 2,500 fpr a 51 plate curvy with 1,114 on the clock. Curvy's seem to hold their price better than pointy's, but I still think you should expect to get around 2,600-2,900. A lot depends on where you are in the country I think, and how many are for sale at the same time in your area.

26-02-06, 10:46 PM

when I sold my k5 (6 month old) SV650s in Dec with 2500miles and £600 extras (alarm, tail tidy, single seat cowl and old parts etc) it sold for £2950!!

Admittedly the worst time to sell is winter, so if you can hold off until we'll well into the spring you'll find it sells for a far more higher (or far less offensive) price!

26-02-06, 10:55 PM

Whatever you do, do not sell on bikes with aftermarket gear on. Crikey. Pouring money down the drain, literally. Aftermarket bits like cans and fairings don't do anything to add on money.

I made £800 on the last sv I bought from someone who gave me soo many add-onds. It's crazy.

You might think it seems like a good idea to do, it might grab peoples attention but it doesn't put the value of your bike up any reasonable amount!!

Cheers

Greg - Self confessed bike buyer and seller, making ridiculous amounts on aftermarket parts left on bikes people sell.

26-02-06, 11:36 PM

Quote:

Originally Posted by instigator

Whatever you do, do not sell on bikes with aftermarket gear on. Crikey. Pouring money down the drain, literally. Aftermarket bits like cans and fairings don't do anything to add on money.

I made £800 on the last sv I bought from someone who gave me soo many add-onds. It's crazy.

You might think it seems like a good idea to do, it might grab peoples attention but it doesn't put the value of your bike up any reasonable amount!!

Cheers

Greg - Self confessed bike buyer and seller, making ridiculous amounts on aftermarket parts left on bikes people sell.

Whilst I agree with you in part, I think that in some cases for the cost of hassle or risk of not selling the add ons it is worth including them in the sale! The only time you suffer is when perhaps the buyer does not appreciate the cost of them and haggles you down.

Plus having desirable add-ons makes the bike more attractive to a potential buyer which in turn gets you more interest, more offers and potentially more money! But thats just my view and opinion...

27-02-06, 08:01 AM

cheers for the advice, I could possibly sell the rear hugger separately, but the rest of the aftermarket stuff have to stay really.

27-02-06, 08:52 AM

Quote:

Originally Posted by instigator

Whatever you do, do not sell on bikes with aftermarket gear on. Crikey. Pouring money down the drain, literally. Aftermarket bits like cans and fairings don't do anything to add on money.

I made £800 on the last sv I bought from someone who gave me soo many add-onds. It's crazy.

You might think it seems like a good idea to do, it might grab peoples attention but it doesn't put the value of your bike up any reasonable amount!!

Cheers

Greg - Self confessed bike buyer and seller, making ridiculous amounts on aftermarket parts left on bikes people sell.

There are a lot of people who are willing to pay extra for a bike that has the add ons they want already. If your bike is common in colour or model or whatever you may sometimes need to making it a better buy then other similar bikes if you want to sell. It can all be about packaging a product if you like

27-02-06, 10:14 AM

If you are thinking of selling on eBay, set your starting price low (it encourages bidding to start - more bids the more desirable it looks to numptys who aren't really paying attention!) and set a realistic reserve.

By setting you starting price very low you can save a bit on your initial listing fee, and if it doesn't make the reserve but is close and you're happy you can still offer it anyway to the highest bidder - you're just not obliged to.

Also, I would recommend either going for a ten day listing starting on a Friday lunchtime or a seven day that starts and ends on a Friday lunchtime.

Some will say start a 10 day on Thursday evening so it ends on a Sunday evening - but I've found more bidding takes place during the week, generally at lunchtime, especially on a Friday. Just one look at many forum and online noticeboards and you can see where most people use the internet - at work!

It may also be worth forking out for a 'Featured' listing - for under a tenner on something that will net you over a couple of grand - may well be worth it.

If you are interested in what similar bikes are going for on eBay - set them to your watchlist - then when they've ended you'll still be able to see the final price.

Just remember, most sellers are there because it's easy and reached the whole country/world. Most buyers are there for a bargain!

26-02-06, 06:44 PM	#1
sheepy Guest Posts: n/a	Thinking of selling up, how much is my bike worth in £? This isnt an Ad, yet, just asking for some advice. I have had a look at BikeTrader, as usual the asking price there is a bit too high imho (probably so they get offered a bit less and take it?). But looking on ebay, its horrendously low - as most people bid at the last minute looking at starting bids gives me no indication of what they actually go for I don't want to sell it to a trader/dealer as they will offer me £500 below the true value, or it isnt worth them buying it to sell on. So then, what should I be asking for? I would like to put it on ebay, but since it will cost me regardless if anyone bids, I want to get the starting price and reserve price right. Make: Suzuki Model: SV650s K3 Year: 2003 Registration: 03 * Colour: Silver Mileage: 6755 Aftermarket Stuff: Meta 357T Alarm/Immobiliser, DHB Crash Mushrooms, Gear Indicator, Scottoiler (Tourer), Rear Hugger, Flush Front Indicators. Condition: Very Good, a few scuffs here and there, nothing serious. Why am I selling up? With a baby on the way I can't afford to keep it.

26-02-06, 07:25 PM	#4
Lissa Just Ballast Mega Poster Join Date: Feb 2006 Location: Rugby, South Mids Group Posts: 4,381	We've just paid 2,500 fpr a 51 plate curvy with 1,114 on the clock. Curvy's seem to hold their price better than pointy's, but I still think you should expect to get around 2,600-2,900. A lot depends on where you are in the country I think, and how many are for sale at the same time in your area. __________________ If It's Too Loud, You're Too Old! I'd Rather Have Two Big Bangs Than Four Little Strokes

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26-02-06, 07:02 PM	#2
aimhamilton Guest Posts: n/a	I reckon anywhere between about £2500 and £3000 depending on condition! Book I think is around that anyway...so shouldn't be far off!!!! I have just sold a 2004 Silver K3 for £2600.....fully faired, with exhuast, tail tidy and seat cowl!! I wanted a quick sale and didn't want tyre kicking hagglers....but am more than happy with the deal! Maybe could have got more, maybe less! Grab a copy of Ride which has guideline prices in...I have just checked the latest edition which puts it at £3000...but I always think they are a little generous! Perhaps stick it up for £3000 and then that gives your room for haggling...

26-02-06, 07:18 PM	#3
wheelnut Guest Posts: n/a	I was offered £2100 for my 2003 curvy last week, I would think mine is worth £2350 - 2500 and yours should be worth 2500 upwards

26-02-06, 10:46 PM	#5
monkfish Guest Posts: n/a	when I sold my k5 (6 month old) SV650s in Dec with 2500miles and £600 extras (alarm, tail tidy, single seat cowl and old parts etc) it sold for £2950!! Admittedly the worst time to sell is winter, so if you can hold off until we'll well into the spring you'll find it sells for a far more higher (or far less offensive) price!

26-02-06, 10:55 PM	#6
instigator Guest Posts: n/a	Whatever you do, do not sell on bikes with aftermarket gear on. Crikey. Pouring money down the drain, literally. Aftermarket bits like cans and fairings don't do anything to add on money. I made £800 on the last sv I bought from someone who gave me soo many add-onds. It's crazy. You might think it seems like a good idea to do, it might grab peoples attention but it doesn't put the value of your bike up any reasonable amount!! Cheers Greg - Self confessed bike buyer and seller, making ridiculous amounts on aftermarket parts left on bikes people sell.

27-02-06, 08:01 AM	#8
sheepy Guest Posts: n/a	cheers for the advice, I could possibly sell the rear hugger separately, but the rest of the aftermarket stuff have to stay really.

27-02-06, 10:14 AM	#10
K Guest Posts: n/a	If you are thinking of selling on eBay, set your starting price low (it encourages bidding to start - more bids the more desirable it looks to numptys who aren't really paying attention!) and set a realistic reserve. By setting you starting price very low you can save a bit on your initial listing fee, and if it doesn't make the reserve but is close and you're happy you can still offer it anyway to the highest bidder - you're just not obliged to. Also, I would recommend either going for a ten day listing starting on a Friday lunchtime or a seven day that starts and ends on a Friday lunchtime. Some will say start a 10 day on Thursday evening so it ends on a Sunday evening - but I've found more bidding takes place during the week, generally at lunchtime, especially on a Friday. Just one look at many forum and online noticeboards and you can see where most people use the internet - at work! It may also be worth forking out for a 'Featured' listing - for under a tenner on something that will net you over a couple of grand - may well be worth it. If you are interested in what similar bikes are going for on eBay - set them to your watchlist - then when they've ended you'll still be able to see the final price. Just remember, most sellers are there because it's easy and reached the whole country/world. Most buyers are there for a bargain!