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PostPosted: 2007-07-16 11:01:41
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2006 Triumph Speed Triple 1050cc Jan 2006, Scorched Yellow colour, 3000
miles comes with genuine Triumph hugger, Fly Screen and Single Seat Cowl.
Ł6250 UK GBP ovno 07971287442 Mid Wales


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PostPosted: 2007-07-16 06:58:27
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On 16 Jul, 12:01, Sean Grosvenor
wrote:
> 2006 Triumph Speed Triple 1050cc Jan 2006, Scorched Yellow colour, 3000
> miles comes with genuine Triumph hugger, Fly Screen and Single Seat Cowl.
> Ł6250 UK GBP ovno 07971287442 Mid Wales


Fat chance. Try Ł5000.


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PostPosted: 2007-07-16 14:08:22
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TOG@toil,chateau.murray@btinternet.com, wrote:

> Fat chance. Try Ł5000.

Whilst Ł6250 might be *tad* high for a private sale, looking on
AutoTrader there are only two at < Ł6000 and the next cheapest at Ł6250
is a 9000 mile 2005 model (although they are all trade).

Of course, theres no guarantee that they sell at these initial asking
prices...

--
Chris


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PostPosted: 2007-07-16 08:47:08
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On 16 Jul, 16:08, CT wrote:
> TOG@toil,chateau.mur...@btinternet.com, wrote:
> > Fat chance. Try Ł5000.
>
> Whilst Ł6250 might be *tad* high for a private sale, looking on
> AutoTrader there are only two at < Ł6000 and the next cheapest at Ł62=
50
> is a 9000 mile 2005 model (although they are all trade).
>
> Of course, theres no guarantee that they sell at these initial asking
> prices...
>

I bet they dont (he says, still smarting from the hit he took on his
Sprint ST).

Hm. Lets have a look at Ebays completed auctions, then.

Holy Christ! Even worse than I thought:

2007 model, Ł6.1k, failed to meet reserve.

2005 model, Ł5.2k, failed to meet reserve.

2005 model, 4600 miles only, Ł4.6k, failed to meet reserve.

Loads of 2002 and 2003 models, all failing to make reserve. The only
one that did sell was a 7000-mile 2003 model which struggled to Ł3.1k

And then youre down to 1990s models which go from a grand upwards. I
have a feeling that all these prices are way, way below book.

For a nice 06 model, then, you could be down to Ł4500-5000. Good news
if youre buying.

I suppose that a franchised Triumph dealer might ask and get
substantially more, but for a private sale, that Ł6250 could be as
much as Ł1500 on the high side.


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PostPosted: 2007-07-16 16:51:01
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TOG@toil wrote:
> On 16 Jul, 16:08, CT wrote:

>> Of course, theres no guarantee that they sell at these initial
>> asking prices...
>>
>
> I bet they dont (he says, still smarting from the hit he took on his
> Sprint ST).
>
> Hm. Lets have a look at Ebays completed auctions, then.

I get the impression that vehicles on EBay sell for a fair bit less that a
normal private sale though - presumably because buyers are a bit wary.
Case in point - Sallys CBR400 sold for Ł1150 *one day* after it went in
MCN, when similar models were fetching Ł700-Ł800 on EBay. We reckon we could
have even got a bit more for it, as there was so much interest at that
price.

--
ZX6R F2 - The Gravelseeker
BOTAFOT #121, BBB #2


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PostPosted: 2007-07-16 17:19:09
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>
> I get the impression that vehicles on EBay sell for a fair bit less that a
> normal private sale though - presumably because buyers are a bit wary.
> Case in point - Sallys CBR400 sold for Ł1150 *one day* after it went in
> MCN, when similar models were fetching Ł700-Ł800 on EBay. We reckon we
> could have even got a bit more for it, as there was so much interest at
> that price.
>
>

MCN it is then ;-)


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PostPosted: 2007-07-16 17:46:06
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Sean Grosvenor wrote:
> >
>> I get the impression that vehicles on EBay sell for a fair bit less
>> that a normal private sale though - presumably because buyers are
>> a bit wary. Case in point - Sallys CBR400 sold for Ł1150 *one day*
>> after it went in MCN, when similar models were fetching Ł700-Ł800 on
>> EBay. We reckon we could have even got a bit more for it, as there
>> was so much interest at that price.
>>
>>
>
> MCN it is then ;-)

Have you ever seen any stats of how many MCN ads have sold in (say) 2 weeks
after the first ad? I have Ł20 here says that its a rather small
percentage. In part because its a useless rag, in part because people ask
over what the market will bear.

Depreciation on most new bikes is savage. To actually get a bike resold
privately in the current market I would allow for 25% per annum for 3 years,
if you put some miles on it.

So your Ł9000 Kwak 1400GTR will equate to 1 - Ł6750 2 - Ł5062 3 - Ł3796
Tailing off more gradually once it has bottomed out at the Ł3500 mark.

Sure, a dealer will get more, the very occasional lucky private buyer will
do a touch better, but for most and for those who want a quick sale....
there it is.

That Ducati in my sig had dropped 61% of its value in 4 years and 26000
miles and he was one of the lucky sellers, he found me wanting one living
locally and they are scarce in the market.

--
Hog
03 ST4S 96 Bastard12 89 R100RS 81 XS650 78 RD400


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PostPosted: 2007-07-16 18:51:01
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Hog wrote:

> Have you ever seen any stats of how many MCN ads have sold in (say) 2
> weeks after the first ad?

100%, in my experience (and that is on more than one bike - my CB500 sold
pretty swiftly a couple of years back). Though Im sure youre correct that
a lot wont sell, or will take a very long time to.

> I have Ł20 here says that its a rather
> small percentage. In part because its a useless rag, in part because
> people ask over what the market will bear.

I think people asking too much is the main problem. MCN may be crap, but it
has a big circulation, and a lot of bikers I know will turn to it when
looking to buy a new bike - even if they dont normally read it. However, I
think many (most?) people with bikes form attachments to them - more so than
with cars - and hence dont want to see them go for what they see is a low
price. That or theyre just money-grabbing barstewards who want to wring as
much cash out of them as possible.

> Depreciation on most new bikes is savage. To actually get a bike
> resold privately in the current market I would allow for 25% per
> annum for 3 years, if you put some miles on it.

Absolutely - particular so as 10000 miles PA on a bike is considered high
mileage. Great for folk that me that woulnt even consider a new bike though
:-).

>
> So your Ł9000 Kwak 1400GTR will equate to 1 - Ł6750 2 - Ł5062 3 -
> Ł3796 Tailing off more gradually once it has bottomed out at the
> Ł3500 mark.
> Sure, a dealer will get more, the very occasional lucky private buyer
> will do a touch better, but for most and for those who want a quick
> sale.... there it is.

I still reckon youll do better out of newspaper / magazine advertising that
E-Bay though - I think a lot of people dont trust it, or dont like the
whole auction thang.

--
ZX6R F2 - The Gravelseeker
BOTAFOT #121, BBB #2


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