How Do I Find The Trade In Value Of My Motorcycle?

by | Last updated on January 24, 2024

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Using the National Automobile Dealers Association

Along with Kelley Blue Book, The National Automobile Dealers Association (NADA) is one of the most popular pricing resources on the web. To use the resource to get an idea of the trade in value of your motorcycle, head to the NADAguides motorcycle pricing page.

How much is a bike usually worth?

Type of Bike Average Price Range New entry-level road $800 – $3,000 New entry-level MTBs $800 – $3,500 Quality mid-range used road bikes $1,000 – $2,500 Quality mid-range used MTBs $1,500 – $3,500

What is a good price to sell a bike?

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Can you look up a bike serial number?

You can usually find the bike serial number on the under side of the bottom bracket . The “bottom bracket” is the part of the frame that the pedals go into. So all you have to do is turn your bike upside down and have a look... If it's not there, don't worry!

How do bicycles depreciate?

Rather than provide an average sales price for used bike models, BicycleBluebook.com gives several value ranges based on a bike's condition . For example, of the models I checked, on average, in year 1, bikes lost 38% of their value if they were in excellent condition compared to 62% if they were only in fair condition.

How many miles is a lot for a motorcycle?

For small sports bikes, 20,000 to 30,000 is on the high side. For larger bikes, 50,000 miles and up is considered high motorcycle mileage. But before you write off any models, consider that a properly maintained bike can last well past 100,000 miles!

What is typical miles for a motorcycle?

A motorcycle is driven far less frequently than a car, so its average annual mileage is significantly lower. While a car has an average annual mileage of around 12,000 miles, motorcycle mileage is, on average, only around 3,000 miles per year .

What is Bike Blue Book?

A motorcycle's “blue book value” is the generic term for the market value of a motorcycle made in a particular year by a particular manufacturer . The Kelley Blue Book (KBB) is the origin of that term and is one of the most well-known pricing guides for those in the market for a used motorcycle.

Why are bikes so expensive right now?

But coronavirus restrictions are curtailing labor migration and limiting factories' abilities to increase production. China, Vietnam and Cambodia also have labor shortages. Suppliers said the the labor costs are hitting the factories and they are passing the cost on to bike companies .

Why are bicycles so expensive right now?

One of the biggest factors in the cost of bicycles is materials . Carbon fiber comes in various forms and grades. The higher the quality of carbon, the greater the cost of sourcing from manufacturers.

How can I sell my bike fast?

Is a used bike worth it?

For the most part, bicycles have terrible resale value, which means that you can usually get a really good deal on a used bike . As for the condition of the components, one can't say without actually seeing them, but quality components should have a much longer life than 1500kms.

How can I sell my bike?

  1. At Cycle Exchange. The best place to sell of course is at Cycle Exchange. ...
  2. Sell your bike to a friend or acquaintance. ...
  3. Sell your bike on EBay. ...
  4. 4 Sell your bike on a classifieds site. ...
  5. Sell your bike on a Forum.

Is rumble on a legitimate business?

When Rumbleon offers you this $250, they don't tell you that you MUST go back to them to see if they will match the better offer. THIS IS FALSE ADVERTISING. Stay away from them. They are a scam !!

How can I tell the year of my bike?

  1. Check the Serial Number. The obvious starting point to find the date a bike was made is the serial number. ...
  2. Use Online and Offline Literature. ...
  3. Look at Specific Parts. ...
  4. Ask the Seller or Owner. ...
  5. Bring It to a Bike Shop. ...
  6. Post Online.

How do I identify my bicycle?

Each bike has a unique serial number which helps identify that particular bike. Record the serial number of your bike, which is usually stamped underneath the bottom bracket of the frame . Other places it could be located are the chain stays, headset or seat tube.

How is a bike frame measured?

Adult bikes are measured by their frame size. Most manufacturers now measure the frame from the centre of the crank axle, to the top of the seat tube . Most road bikes are measured in centimetres (cm), whereas mountain bikes are generally measured using inches (in).

Do bikes go up in value?

People often ask us how upgrades will affect the value of a bike. It may disappoint you to hear that most upgrades don't actually increase a bike's value . This is especially true for touch-points like handlebars and saddles, and other fit-specific components like stems, seatposts, and cranks.

What bikes hold their value the most?

Bikes made by Harley-Davidson, BMW, and Ducati , in fact, seem to hold their MSRP value better than any others. By brand, according to data compiled by the Kelley Blue Book Official Motorcycle Guide, Harley-Davidson motorcycles retained an average of 84% of their value over a five-year period.

How much do bicycles depreciate?

Bicycles typically lose 50% of their value in their first year, followed by a 10% depreciation each year after that .

Do motorcycles last longer than cars?

Motorcycles Can Last as Long as Cars

The recipe to longevity for motorcycles is the same as it is for any piece of machinery: care, maintenance and timely repairs.

What is the easiest motorcycle to ride?

  1. Suzuki GW250. Suzuki Displacement: 248cc.
  2. Kawasaki KLX250S. Kawasaki Displacement: 249cc. ...
  3. Yamaha SR400. Yamaha Displacement: 399cc. ...
  4. Suzuki DR 200. Suzuki Displacement: 199cc. ...
  5. KTM 390 Duke and 200 Duke. KTM Displacement: 373cc (390) ...
  6. Honda CBR 500. ...
  7. Triumph Bonneville. ...
  8. Moto Guzzi V7 Stone. ...

Is 20k miles on a bike a lot?

Generally, high mileage on a motorcycle is anywhere from 20,000 to 50,000 miles . For sport bikes, the high mileage number will be on the low end (usually around 25,000), while cruisers and touring bikes typically become high mileage in the 40,000- to the 50,000-mile range.

How long does a motorcycle last?

An average motorcycle can last for more than 80 000 miles (almost 129,000km) if well maintained and ridden sensibly in terms of distance traveled. If the same motorcycle is not maintained well and ridden recklessly, it may reach the end of its life span in as soon as 5000 miles (8000km).

Is 30k miles a lot for a motorcycle?

Motorcycles with more than 40,000 miles are considered to be high-mileage bikes , but if it has been well maintained, the mileage could still make it a good purchase.

How many miles does a bike last?

Motorcycle values depend on a handful of factors, one of those being mileage, but past accidents, consistent (or not) oil changes, fluid top-offs, and other regular upkeep matter, too. With a clean background, a bike could clock in at 50,000 miles or more without an issue.

David Evans
Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.