Current used prices

Discussion in 'General 1000RR Discussion' started by Festa, Jun 23, 2022.

  1. Festa

    Festa New Member

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    Hi folks first post here.

    After 10yrs i'm getting a bike again and have been looking at Blades (naturally). Are prices high at the moment ? Its hard for me to judge after being away from the bike scene for so long but Just looked at a mint 2015 in Repsol colours with 10,000 miles on the clock, 3 owners and service history. Owner was asking £8300 but saying he will take £7500 but no less. I'm wondering if I should hold off for a while and see if prices drop or is that a good price, doesn't seem like much is selling at the moment with the current climate and like most things I guess used bikes are artificially high at the moment and i don't want to find in a few months that i've paid a grand more than I should have. Thanks Festa

    PS anything I should look out for on a 2015 Blade, don't think its got ABS
     
  2. Marc

    Marc Active Member

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    There definitely seems to be a drop at the bottom end of the market. As I've posted elsewhere I'm in the market for a sub £1500 bike towards the end of the year but for a few months now I've had saved searches on ebay and autotrader, covering the models I'm interested in. In the last week or so there's been an SV650 and CB500, both with long MOT's, both less than 30k miles, both cosmetically scarred but sound running order, both went for circa £800. Start of Covid lockdown and they'd have been nigh on double that money.

    Whether that applies to the market in the price bracket you're looking at I'm not sure. Logic says to me that rising interest rates, soaring fuel costs, energy bills through the roof, people having to ration how much they spend on food, seemingly no end to the Ukraine conflict, etc, will only lead to bike prices falling, potentially pretty sharply. For some folk it's a luxury item and the justification for having one, plus the potential to bring some money into the household, will lead to more being sold. More on the market, less demand, falling prices. Good for some, bad for others.

    Flip side of that though is 10 years is a long time to be without a bike and life's very short. If you can afford to buy now and the potential to lose a chunk in depreciation doesn't keep you awake at night, then go for it.
     
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  3. Coda

    Coda Member

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    I returned to bikes after a 17 year gap, and bought a almost pristine '14 blade in November last year, with 5000 miles on it - £7,500 from a dealer. Similar bikes on the private market were the same or higher prices. I haven't noticed any drop in prices in the last 6 months on similar bikes, but I concur with @Marc that prices can be reasonably expected to drop, possibly quite sharply.
    I am however interested in buying another SP-1/SP-2 (VTR1000 RC-51) and with these older bikes I have seen a lot more on the market, possibly a bit cheaper and bikes that I think are not that unreasonably priced don't seem to be disappearing as fast as they were a couple months ago.

    If you fancy a new bike, I'd take a look at manufacturers that can offer good finance deals while the interest rates are still quite low. Stay away from dealers who are taking the p155. I think they'll be massively undercutting prices again soon, remember what happened after the last recession.
     
  4. Festa

    Festa New Member

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    Sounds like a 2015 with 10.000 on the clock might be a bit pricey then for a private sale. There's lots for sale at the moment but from what I'm watching not much is actually selling
     
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  5. Boothman

    Boothman Elite Member

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    I think all the fear and uncertainty for energy, fuel and food costs etc will be making some hesitant on getting back in to biking
     
  6. PauloHRC

    PauloHRC God Like

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    If it were me looking, I would have a budget in mind and just buy the best, newest and least mileage I could find!

    I'm not in the market for one so I'm not sure if prices are high or low at the moment. If you are serious about getting one though, I would just go for it......just don't pick a lemon!! ;)
     
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  7. Sp0oner

    Sp0oner Active Member

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    They are high. I had that exact same bike and struggled to sell it with 5k miles on it for £7500 more than 2 years ago. So that has double the miles and is now more than 2-3 years older than when I was trying to sell mine and is asking minimum of what I stuggled to sell mine for.
     
  8. PauloHRC

    PauloHRC God Like

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    Same as used cars then, they are sky high too!! Good if you're trading in against new like I've just done!!:)
     
  9. CharlieR85

    CharlieR85 Elite Member

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    I'd say £7500 is top end money so it would have to be mint! Don't think you'll achieve anything waiting for a crash in the prices.

    Is there an advert to look at?
     
  10. Festa

    Festa New Member

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    Think thats says
    Think that says it all really, prices are as like cars at the moment and second hand is pretty much at same price as 2yrs ago. I do know of a 2010 Ducati 848 with 4500 miles full main dealer history in mint condition for £6500 which I guess would end up a few hundred less if cash waved in front of them..
     
  11. Festa

    Festa New Member

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    Yes heres a link, its up for over 8k but said bottom line 7500. Its is pretty much mint, I had a look last night as only a few miles from me https://www.ebay.co.uk/itm/225032003171?hash=item3464f3de63:g:6D4AAOSwwlRiqj5S
     
  12. CharlieR85

    CharlieR85 Elite Member

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    It has ABS, leave it in that daft crate and walk away.

    Also, not a fan of aftermarket stickers like that unless he's willing to peel them off you don't know what they're hiding. Those crash bobbins will have had to have the fairings drilled too.
     
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  13. Festa

    Festa New Member

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    Thanks to be fair ive already sort off backed off the idea after finding out today its had ABS. Will have to see what else comes up, is the hump on the under tray the ABS
     
  14. CharlieR85

    CharlieR85 Elite Member

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    Yes mate.
     
  15. Festa

    Festa New Member

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    thanks I know what to look for now :)
     
  16. CharlieR85

    CharlieR85 Elite Member

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    ABS rings round the wheels too.
     
  17. Sp0oner

    Sp0oner Active Member

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    Mine was ABS and never had any issues with it but I know the opinions on here and tbh if I was looking again i'd also avoid ABS from now on.
     
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  18. Jez

    Jez Well-Known Member

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    Summer adds it's premium to bike prices, but there is still plenty of summer left so haggle.
    problem is not many people have bought new cars or bikes during covid so second hand prices are high as not many on the market, At over £2 a litre there will be some Chelsea tractors going cheap soon
     
  19. kirk holmes

    kirk holmes Member

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    Im selling mine soon. PM you.
     
  20. dainesefreak

    dainesefreak Senior Member

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    @PauloHRC come on then, what you buying?

    Still a sellers market out there both for cars and bikes. Not enough new stuff landing and not enough used stock. That's putting a premium on everything still.

    I know a guy who owns a dealership and he was saying Suzuki keep promising their "new range", I'm guessing model updates, for the last couple of years. Nothing materialises and then they just get a bulletin saying next year.
     

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