What would you offer?
Road Captain
Joined: Jun 2012
Posts: 516
Likes: 1
From: Damascus MD
I guess it doesn't matter now anyway, but I wouldn't have offered more than $14k at first, then just left if he didnt take it. Give him a few days to think about the cash offer, and see if he called back. Otherwise, I would have waited for a 2016 RG or SG and plopped down the cash you had on a brand new one.
I had to ask my CPA wife if that was true and it is not in Oklahoma.
That being said, I agree with the first sentance. I buy and sell a lot of bikes and my goal is to get roughly within $1000 of "trade in" because that gives the seller extra cash for their next bike and some wiggle room to sell the bike if I chose to not keep it. When a bike is priced around the middle of the retail range. An $1000 above trade in is usually a good place to get negotiating started. If you are not willing to go above that price, it is a good number for the seller to have as a back up when they arent getting any other offers.
High end bikes like Harley touring bikes, BMWs, and Gold Wings typically sit for several weeks and only get just a few offers unless they are on the bottom of the retail estimate. Every Harley I've sold was to the first person who made a serious enquirey and it was for the asking price. high end bikes have a very limited source of buyers who can afford them.
Also, I don't recommending low balling as some have suggested because it can bias the seller against you. I don't even bother responding to low ball offers. My last buyer had to make four offers before I took him seriously. Great deals usually start out as good deals. Great deals starting out usually go fast. I get a steel of a deal of a deal once in a while when I watch the ads closely.
If I were you, I would offer $1000 above trade in.
Beary
That being said, I agree with the first sentance. I buy and sell a lot of bikes and my goal is to get roughly within $1000 of "trade in" because that gives the seller extra cash for their next bike and some wiggle room to sell the bike if I chose to not keep it. When a bike is priced around the middle of the retail range. An $1000 above trade in is usually a good place to get negotiating started. If you are not willing to go above that price, it is a good number for the seller to have as a back up when they arent getting any other offers.
High end bikes like Harley touring bikes, BMWs, and Gold Wings typically sit for several weeks and only get just a few offers unless they are on the bottom of the retail estimate. Every Harley I've sold was to the first person who made a serious enquirey and it was for the asking price. high end bikes have a very limited source of buyers who can afford them.
Also, I don't recommending low balling as some have suggested because it can bias the seller against you. I don't even bother responding to low ball offers. My last buyer had to make four offers before I took him seriously. Great deals usually start out as good deals. Great deals starting out usually go fast. I get a steel of a deal of a deal once in a while when I watch the ads closely.
If I were you, I would offer $1000 above trade in.
Beary
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