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Trading in bikes
Posted: Thu Jan 29, 2009 7:12 pm
by Madness
Hello guys,
Has anyone had any recent experience in trading in a 2006 GPX250? Like what price people are getting on trade in.
I see the going price for them privately, but wonder what the going trade in rate is, in case I go down that line. (knowing it would be different for different dealers, but just want an idea).
Seeing the private selles prices, compared to redbook, you'd say redbook is full of shit!!!!
I am not upgrading until after my Bali trip in May, but was just doing some shopping, need an estimated budget.
Any help/advice appreciated.
Cheers
Lisa
Re: Trading in bikes
Posted: Thu Jan 29, 2009 7:18 pm
by Disco
Check this site out for trade in and private
---REDBOOK---Is what a lot of dealers use....
Ooop's only read half your post

Re: Trading in bikes
Posted: Thu Jan 29, 2009 7:36 pm
by Madness
Thanks disco, going on redbook i'd only get about 2 to 3 grand for the bike, privately I will get more I think. I can't believe the trade in value on redbook.

Re: Trading in bikes
Posted: Thu Jan 29, 2009 8:17 pm
by Ratmick
I lost $2500 on my GPX250R after less than 18 months. It had 11,000km on the clock and was immaculate. It's worth a LOT less than you'd think, especially so if the dealer knows you're interested in upgrading.
The problem you'll have when trading in is that the new bikes will have dropped slightly and you may find (like I did) that the dealer still has stocks of the same year/model as yours for a very-discounted price, hence making yours worth jack-shit.
The dealer in question burnt down the day after I traded mine in, so I'm guessing he had it coming

.
...I didn't have anything to do with this, purely co-incidental

.
Mick

Re: Trading in bikes
Posted: Thu Jan 29, 2009 9:53 pm
by Stereo
Trading in sucks... private sales are more likely to get you a price closer to what you want.
Re: Trading in bikes
Posted: Fri Jan 30, 2009 9:13 am
by Madness
So is it best to sell on things like bike point? Bike sales? or on sites like this?
I love my little kwaka, i want it to go to a good home. lol

Re: Trading in bikes
Posted: Fri Jan 30, 2009 9:15 am
by Six Addict
try here then try bikesales.com.au

Re: Trading in bikes
Posted: Fri Jan 30, 2009 9:23 am
by Frank
You have to remember that dealers will never give close to market rate as they need to sell it and make a profit. The only time you will get a good trade in figure is you are buying a really expensive bike at RRP or one with an over inflated sale price and they can them make the figures "look" better for you.
So yeah private sales are the way to go.
Re: Trading in bikes
Posted: Fri Jan 30, 2009 11:28 am
by Madness
thanks everyone for your advice. Much appreciated.
I might advertise it just before I go to Bali.
Cheers
Lisa