Motorcycle Price Guide
Determining what a motorcycle is worth can sometimes be a challenging task. New motorcycles are fairly easy to value, because the manufacturer and dealer pricing is usually the same or very close. Used motorcycles are a bit more tricky, with many factors to consider in calculating the true value of the bike. Whether you are trying to sell your motorcycle, or see if the one you are looking at is worth the asking price, we offer some suggestions.
The following things can affect what a motorcycle price is valued at, and should be taken into consideration when setting or evaluating a price:
- Year, make, and model
New bikes will generally carry a high price tag compared to a used version that is a few years old. Some harleys and antique bikes are exceptions to this rule, with values that steadily increase over time.
- Type of Motorcycle
Comparing the price of a sportbike to the price of a cruiser with a similar engine size is not possible. Different types of motorcycles bring different values.
- Engine size
Larger engine sizes generally carry a bigger price tag and insurance cost, no matter what the type of motorcycle .
- Overall mileage
Higher mileage is generally more acceptable on motorcycles than with automobiles because of engine durability and riding style. For used motorcycles, it really depends on how well the owner has serviced and maintained the bike.
- Overall physical condition
Paint scuffs, scratches, and dings are not uncommon on motorcycles. The appearance overall and total amount of damage is what is important.
- Market conditions (Hot or slow market)
The economy has a big role in affecting the value of a motorcycle. With gas prices on the rise, the values of used motorcycles have risen recently.
- Time of year
Used motorcycles sometimes sell for more in spring or summer. Try to purchase in the cold months, and sell in the warmer times of the year, or just before to take advantage of the coming riding season.
- Demographics
Motorcycles will be valued higher in some parts of the country because of climate patterns and traffic density.
Recommended Motorcycle Price Resources
Buy-motorcycle.com highly recommends the following resources to help you accurately value your new or used motorcycles. It's not enough to evaluate the motorcycle you are looking at buying or selling and guessing on a price. These price guides take many of the items listed above into account and much more when figuring values. They will give you a good idea of how to value your motorcycle:
Motorcycle Price Guide Books