Trying to sell my 2004 underseat exhaust model R1 for £4100. It’s got a race replica paint job by Dream Machine, braided hoses, Tracker, uprated suspension and alarm.
Other than that, it’s standard.
Now the thing is, the mileage is at around 27000 which, to a lot of sport bike riders, is more than they would want to buy a bike with.
Compared to what’s on Autotrader, it seems competitively priced, but is there an amount of mileage a bike buyer will turn away from?
Same here, mileage isn’t too important to me as long as the bike has been looked after and serviced.
I do high mileage and come across a brick wall if wanting to trade it in, most dealers won’t take anything over 20k or want to give you pittance for it (that’s why I end up keeping my bikes)
I know my 40k miles in 18 months have been mostly out of town and the bike looked after and serviced.
4,500 miles a year, is not a great deal of mileage.I have to say though that on both of my bikes, which are both 2 or 3 years older then your R1 the mileage was less and they were factors when I was looking at the bikes.
Higher mileage generally just means more wear and tear on the engine, clutch, gears, brakes, chain/sprocket…it just generally means that sooner, rather then later, you are going to have to be fixing something.
For someone like me, who would buy an R1 as a second bike, the 6,000 miles difference between your bike and the one I bought, is 2 years of riding, as I only cover 3,000 a year. If both bikes will have something break at the same mileage, say, requiring a new clutch at 35,000 miles, I am going to have more trouble free years from my bike then from yours.
That has to be reflected in the price. (edited to change mileage to years)
as long as its been properly looked after then i’d take it. maybe not for an R1 but new riders im sure would be glad to take a bike with more mileage on so it costs less
i bought mine with about 27,000 on it but its a honda and now has 38,000
Exactly, I am starting to get to the realisation that high mileage bikes are grossely undervalued. More often than not, a high miler will be in better shape than bikes that have been sitting for long periods, things like injectors/carbs are cleaner with use and the engine will be cleaner overall.
The reverse of the medal, as Afro is finding out, is that you are pretty unfairly screwed as a seller. You go baby your bike, service it religiously, ride regularly and keep it spanking, and then you are hit by a massive depreciation compared to someone that trashed his bike, got fake service stamps, and left it outside untouched for months on end.
My belief is that this is temporary and will readjust itself, like it did with cars. Word will get around, as smug bastards like me won’t be able to shut up and show everyone how they saved a large wad of cash on both purchase and depreciation by buying used, and how these bikes are just as reliable. Eventually everyone will storm to these high-milers in the hope to get a bargain and their price will be back to where it deserves.
I bought an ex West1 courier FJ1200 with about 172,000 miles on it…well maintained and scruffy…and it still had most of the horses when we put it on a dyno for a laugh…:w00t: I imagine high miles on a small engine is a different scenario though. Had quite a few showing 50 - 70 k with no issues.
i think the bottom line is at 30k miles you should be prepared to spend a few quid on things that might go wrong.but depends on weather the bikes been serviced regularly,riden/stored in the dry and not been abused
I think 10k miles is where most riders draw the line with sports bikes. My GSXR was nearing that before it was stolen but I had planned to sell it before the 10k mark, only because I knew the value would start to drop thereafter.
Saying that, I would happily buy a high mileage bike as long as it was priced accordingly and was well looked after. Things like aftermarket suspension wouldn’t make a difference though as there’s no way of knowing how many miles the suspension has done and whether the suspension is due a costly service.
If I’m totally honest, your bike seems overpriced to me but I’m always after a bargain. My local indy dealer had an 05 R1 with about 6k miles for £5k and currently has an 05 ZX10R with 11k miles for £4,350 and these come with a warranty. Sellers are expecting top dollar for their used bikes as prices are said to have gone up recently but it’s the bargains which are selling (very quickly), as I found out recently when trying to replace the GSXR.
If you are going to buy a bike only to sell it on in a year or two,then yes get one with low mileage,or sell it privet, i got my 2000 bird at 19k had it a year and its now done 34k, a mates one has 175k and still runs well. good luck with your sell & hunt for new bike.
Don’t even go there with the mileage thing fella, my Duc was 2 years old and had 18500 miles on the clock and went for £6k. Half price:w00t:
Used prices are on the up but as JJon mentioned its the bargains that are going first. As a buyer you will find that if you hang on long enough the prices will come down to what you are prepared to pay.
The biggest mistake sellers have is looking on autotrader and MCN seeing a bike similar to theirs and pricing it either the same or higher. The reason they are still on the web is because they can’t sell them. Best bet would be to price it to sell so reduce it unless you can afford to wait until the rigth person comes along, but that could be some time, and then you have to weigh up the costs involved with advertising and insuring it.
I dont think 27,000 is that high…tho Ang’s 40k on an 09 bike is taking the ****:D…at least it gets ridden tho!
so long as it has been looked after i dont think high milage is a massive problem, that said i am wary of bikes that have had a lot of owners…
i bought my SV with 28k on the clock, one owner from new and well looked after with all the sensible mods i would have liked anyway…Bargin!..now has 39k on it…and i’ll never sell it!!
put about 12k on the clock in 1 year and 6 months of owning it.