The bike should have a clear title, and the seller should be readily able to provide the original document. Be aware of aftermarket parts installed on the bike and know how they can affect its value. How to Pay for a Motorcycle In general, cash is the best way to buy a motorcycle. If you already have a passenger vehicle, a great first step is to ask your auto insurer about whether they offer motorcycle insurance policies.
In most U. Note that this tax is a vehicle tax, paid when you renew your registration and plates, and is not the same as the sales tax you pay at the dealership.
Safety Gear: A DOT-approved motorcycle helmet is a non-negotiable and may be required, depending on your state laws. Other safety gear, like a padded motorcycle jacket and a motorcycle communication system , is optional but highly recommended. For more about the gear that will keep you protected while riding, check out our list of essential motorcycle gear for beginners , and see our state helmet laws database to learn about helmet laws near you.
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We also use third-party cookies that help us analyze and understand how you use this website. This reflects the investment that the dealer has to make in getting the bike ready to sell. Every motorcycle brand has its die-hards and defenders, but some brands command higher prices than others due to a reputation for quality, aesthetic beauty or innovation. High-end motorcycle brands like BMW, Harley-Davidson and Ducati often fetch higher prices on the used market , but brands like Honda that have a strong reputation for reliability also tend to hold their value well.
Part of this is that high-end brands start with higher MSRPs, so sellers will likely be looking to make their money back, but buyers will also often pay more for a motorcycle with a well-regarded brand name. The age of your motorcycle is a big factor in determining its value. Most motorcycles are like cars in that they depreciate in value over time. A brand new motorcycle will lose a substantial amount of its MSRP value in the first few years after you buy it—an average of However, the good news is that once the initial depreciation period of three to four years ends, depreciation usually stabilizes considerably.
Well-maintained motorcycles can often top , miles and still run just fine, especially touring models that are designed for extended runs. However, a buyer or a dealer will likely offer less for a high mileage bike. As you might expect, good mechanical condition is a huge factor in the value of a used motorcycle.
You can perform some basic motorcycle maintenance that will make the bike more attractive to buyers. KBB does not take into account the mileage on the odometer. KBB says that road conditions and the previous owner's riding style have larger effects on the bike's value than mileage. You can start your search for motorcycle values on NADA Guides' website by selecting a manufacturer or a category of bike, such as Cruisers or Motocross.
Ultimately, as on the KBB site, you'll choose a year, model, and make. You'll also be asked for your ZIP code and any special options.
You can even compare as many as three specific motorcycles side by side. The site offers four prices on motorcycles:. NADA Guides uses data from more than 1. Those transactions include wholesale, retail, and auction sales. Its valuation team says that it "uses the latest technology, deep knowledge of each segment's market, statistics, analytics and econometrics to derive our values.
National Automobile Dealers Association. Kelley Blue Book. Actively scan device characteristics for identification. Use precise geolocation data. The payment was made quickly and securely, the whole transaction taking place in less than 25 minutes.
How easy was that? The driver Andrew was as nice a person as I could have wanted, he was on time and kept in contact throughout, he made the whole process quick and painless as it could be in the circumstances.
Was looking to sell my motorbike and thought about a private sale, but this comes with some risks, so I gave these guys a try. Easy to use, fill a form online and within 15 minutes they rang me and went through the details. The offer made was a bit more than I had expected, so the sale was agreed on the Saturday and the bike was collected on Monday and the money paid direct in my bank. All staff were friendly and great service, thanks.
Would recommend this company. Prefer to phone? Call and our friendly valuations team will guide you through the process.
Get your free valuation now Enter your reg and we're away. How Much is My Motorbike Worth? Valuing a motorbike Mileage Mileage is one of the most common factors that can influence the value of your motorbike and the important consideration here is how this compares to the average mileage of a similar model of a similar age.
Service History Regularly having your motorcycle serviced can do much more than keeping it in great running condition; it can also help to maintain value.
Time of Sale We also need to take into account how many other people have owned the bike in the past. Previous Owners We also need to take into account how many other people have owned the bike in the past.
More manufacturers are offering extended warranties now, so this is definitely worth checking.
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