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I am thinking about trading in my 02 Super Glide on a 2006 Road King Classic. It is fuel injected, has the tour pack, electronic cruise control, fuel injected, Reinhart exhaust, and is Cobalt Blue and silver. It has 45000 miles on it. The dealer wants 12,999 for it. I originally went in to look at a 01 Road King, but the motor made a lot of noise. They said it had performance cams and lifters in it, but I did not fell comfortable about it since it made a lot of noise. Is that a good price for a 06 Road King? It also has iso grips on it and the paint looks great.
From a dealer, I'd say that's about average. Pretty high mileage at the prime buying season but I'd think you could get them down from that price, more in the 12 range. Do some research on the cam chain tensioner issue, I forget if that was fixed by '06 or not.
13 Large for an '06 with 45K is WAY HIGH. I would NOT do it. That is an 8-9 grand bike at most.
Just saw an '09 with 12K miles for 12.5 Grand. I paid a LOT LESS 2 years ago for my '07 with 5K miles & 2 1/2 years left on extended warranty. You can do better. MUCH better!
13 Large for an '06 with 45K is WAY HIGH. I would NOT do it. That is an 8-9 grand bike at most.
Just saw an '09 with 12K miles for 12.5 Grand. I paid a LOT LESS 2 years ago for my '07 with 5K miles & 2 1/2 years left on extended warranty. You can do better. MUCH better!
Assuming a nice looking bike with average miles (I used 5,000 miles per year), the rule of thumb I used when shopping in 2011 and 2012, was to start with $10,000 then add the last digit of the model year (in your case "6" for the RK) to rough guess an average price.
So let's say $16,000 and 35,000 miles as my purely personal opinion as average and reasonable.
From there I would subtract some money from my starting average price based on the actual miles above my target average and/or any known issues that might need to be fixed.
I would also consider any add-ons that I would leave in place to add to the value.
Based on your description, $13,000 isn't too hateful for a dealer, but I would want to know more about warranty, other aftermarket add-ons, tax, title, and other fees that could make a big difference on the actual value and actual cost.
Assuming a nice looking bike with average miles (I used 5,000. Miles per year), the rule of thumb I used when shopping in 2011 and 2012, was to start with $10,000 then add the last digit of the model year (in your case "6" for the RK) to rough guess an average price.
So let's say $16,000 and 35,000 miles as my purely personal opinion as average and reasonable.
From there I would subtract some money from my starting average price based on the actual miles above my target average and/or any known issues that might need to be fixed.
I would also consider any add-ons that I would leave in place to add to the value.
Based on your description, $13,000 isn't too hateful for a dealer, but I would want to know more about warranty, other aftermarket add-ons, tax, title, and other fees that could make a big difference on the actual value and actual cost.
Based on that you would pay like $22k for a 2012 bike? Thats a classic formula for getting ripped off. I bought a 2008 electra standard with 103 engine and 41k miles back in 2010 for only $11k. Then turned around in 2011 and almost traded it for a 2008 road king classic with 3600 miles on it for $14, 800 otd. Didnt do it because I got my 2012 roadie custom out the door for $22k with 5 year warranty. So $13 for a 2006 with those miles is about $4k too high. Ebay has a few newer road kings for not much more than that asking price the op is getting offered.
Last edited by Eshaw301; Mar 12, 2013 at 07:15 PM.
Unless the bike has a lot of extras that you're not telling us about, the price is too high IMO, 'd like to se what the dealer paid fo it on a trade. Also what are they offering you for your bike, could be just a numbers game.
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