Kawasaki 1400 GTR

1400 GTR - All Models => 1400GTR Discussion => Topic started by: martyn1400 on August 15, 2014, 04:07:33 PM

Title: Trade in Price
Post by: martyn1400 on August 15, 2014, 04:07:33 PM
Hi,

I've been lurking around this site for years and would be interested to hear your views.

I've had my GTR1400 since new, 08 plate, 16K mileage, immaculate, Top Box, Large screen.

I'm due a change, so looking for an year old BMW1600GT (I know, it comes to us all!).

One BMW dealer offered me £5000 and another £5500....................are they taking the 'P'?

I guess my only alternative is to privately sell, but it could take months and it's hassle. :help:
Title: Trade in Price
Post by: Zebedee on August 15, 2014, 04:20:44 PM
Saw an 08 plate 7800miles for £7800 in a dealers the other day. And dealers usually offer around £1000 under market value on a trade in on low mileage so I am guessing they would be looking for £6800 for yours.
Title: Re: Trade in Price
Post by: martyn1400 on August 15, 2014, 04:31:43 PM
Quote from: Zebedee on August 15, 2014, 04:20:44 PM
Saw an 08 plate 7800miles for £7800 in a dealers the other day. And dealers usually offer around £1000 under market value on a trade in on low mileage so I am guessing they would be looking for £6800 for yours.
Blimey, I would be surprised if they get that, it does seem well over.
Title: Trade in Price
Post by: Zebedee on August 15, 2014, 04:42:08 PM
So do I but you was asking and now have answered your own question lol and don't forget it's the old model
Title: Re: Trade in Price
Post by: Rusty on August 15, 2014, 04:43:18 PM
I would think about 6K would be reasonable ... It may be your pride and joy but it is 6 years old and dealers arn't keen on anything that belongs in the ark. Good luck. Post some piccies on here .... It may go quicker than you think.  :yes:
Title: Re: Trade in Price
Post by: Burchy on August 15, 2014, 04:56:57 PM
I got £6000 trade in for an 07 with 16000 miles in Feb this year against an almost new bike.  I think £5500 would be very fair and I don't think they are taking the p*ss
Title: Re: Trade in Price
Post by: martyn1400 on August 15, 2014, 05:05:49 PM
Yes, I think 6K is about right.

The BMW dealers tend to invite outside trade buyers - hence the poor part-ex prices for anything non-BMW.
Title: Re: Trade in Price
Post by: viper on August 15, 2014, 06:17:04 PM
if you can get anything in the 5k range then that is good, id be surprised if I could get 7k and mine is a 2010 model with 12k miles . research on ebay shows higher figures but its common knowledge that most private sales usually settle at 20% less than asking price .
Title: Re: Trade in Price
Post by: tapps on August 15, 2014, 06:49:15 PM
i was only offered 6.5K for a 12 plate,it then had 8k on the clock.
Title: Re: Trade in Price
Post by: Lonewolf on August 15, 2014, 06:51:41 PM
A BMW K1600 sounds familiar.... :whistling:

I sold my 11 plate last week with 24k on the clock and got £7k for it which to be honest was ok as I only paid £9k for it two and a half years earlier. I put 17k miles on it while I had it. In February of this year I was offered £7.5k for it by a BMW dealer although it had about 18k miles on it then.

Pro rata what I got for it this month with an extra 6k miles on it seemed reasonable. I didn't sell it to a BMW dealer but I did sell it to a local bike shop. The difference between trade in deals seems bizzarre, one local dealer (non BMW) who I wanted to px with only offered me 6k against an 11 plate K1600 costing £12k which I turned down and the dealer I sold outright to with no purchase from them offered me £7k.

Is there logic in that?
Title: Re: Trade in Price
Post by: O.C. on August 15, 2014, 07:17:37 PM
Quote from: The Wolf on August 15, 2014, 06:51:41 PM
A BMW K1600 sounds familiar.... :whistling:

I sold my 11 plate last week with 24k on the clock and got £7k for it which to be honest was ok as I only paid £9k for it two and a half years earlier. I put 17k miles on it while I had it. In February of this year I was offered £7.5k for it by a BMW dealer although it had about 18k miles on it then.

Pro rata what I got for it this month with an extra 6k miles on it seemed reasonable. I didn't sell it to a BMW dealer but I did sell it to a local bike shop. The difference between trade in deals seems bizzarre, one local dealer (non BMW) who I wanted to px with only offered me 6k against an 11 plate K1600 costing £12k which I turned down and the dealer I sold outright to with no purchase from them offered me £7k.

Is there logic in that?

And now your ex-bike is for sale at £8,390.00 Steve....mind you it does look clean and will no doubt be freshly serviced and warranted.

Well a dealers has got to make a living hasn't he   :whistling: 
Title: Re: Trade in Price
Post by: Lonewolf on August 16, 2014, 12:09:17 AM
Quote from: O.C. on August 15, 2014, 07:17:37 PM
And now your ex-bike is for sale at £8,390.00 Steve....mind you it does look clean and will no doubt be freshly serviced and warranted.

Well a dealers has got to make a living hasn't he   :whistling: 

I don't really care what it's up for. I was happy with the deal, he was happy with the deal.
Title: Re: Trade in Price
Post by: 100milesaway on August 16, 2014, 08:30:43 AM
Why do people never put any value on how much fun they have had on their bike?.         

If say you gave £10,000 pounds for a bike, use it for 5 years, then swop it for a new one, and the dealer offers you half of what you paid for the bike originally.   What's wrong with that?.    You could have had a few holidays on the bike, and lots of w/ends and days off playing out with your mates.    How much value do you put on that?. The joy that most people get out of motorcycling is    priceless. :banana:
Title: Re: Trade in Price
Post by: Debs on August 16, 2014, 10:05:23 AM
 :agree:
Title: Re: Trade in Price
Post by: O.C. on August 16, 2014, 12:54:24 PM
Quote from: The Wolf on August 16, 2014, 12:09:17 AM

I don't really care what it's up for. I was happy with the deal, he was happy with the deal.



I think you're missing my point Steve....It's my opinion that the dealer hasn't added too much to his original purchase price considering he has to make a profit, pay overheads, etc., etc., plus he'll almost certainly have to knock some of the price off to a non part exchange deal, or more likely have to over allow against a part exchange when he sells the GTR.

He obviously thought the bike was worth what he has paid for it

I have bought four bikes from him in the past ~ when he was located on Manningham Lane and he always looked after me.
Title: Re: Trade in Price
Post by: Ant on August 16, 2014, 04:00:08 PM
Quote from: tapps on August 15, 2014, 06:49:15 PM
i was only offered 6.5K for a 12 plate,it then had 8k on the clock.

Really ? ....amazing. 
I think it makes a difference as to what your buying.
I was offered 7000 ( i think it was 7500 actually ) last week with 23600 on the clock,,,,with them knowing it would have 26k on by end of next week.......( Charlie or Zeb might correct me on that )

Still not selling though..... :no:
Title: Re: Trade in Price
Post by: Lonewolf on August 16, 2014, 04:21:39 PM
Geoff has hit the nail on the head, I've been places on the bike that I would never have considered going in the car, I've had some great weekends away, some terrific weeks away touring Scotland with that cockney chap and it's been a pleasure riding the GTR.


I have literally hundreds, possibly a couple of thousand photos from all the trips I've been on, on the bike. I was looking at some the other night and reminiscing.


Those memories are priceless, the wife says they're worthless, but she's always wrong!  :mfr_lol:
Title: Trade in Price
Post by: Zebedee on August 16, 2014, 04:50:39 PM
Agree Agree Agree :):):):):)
Oh and not forgetting the people you meet.
Title: Re: Trade in Price
Post by: Lonewolf on August 16, 2014, 07:30:39 PM
Zeb, I've looked through some photos which quite simply sum up my time with the GTR and the people who ride them, coincidentally they all have something in common, can you tell what it is yet?

(http://i151.photobucket.com/albums/s139/Jaffa_Cake101/Belfry%20GTR%20Meet%20June%202014/DSC_5546_zpsc1503979.jpg) (http://s151.photobucket.com/user/Jaffa_Cake101/media/Belfry%20GTR%20Meet%20June%202014/DSC_5546_zpsc1503979.jpg.html)

(http://i151.photobucket.com/albums/s139/Jaffa_Cake101/Peterborough%2016th%20Feb%2014/DSCN4780_zps6f3910c1.jpg) (http://s151.photobucket.com/user/Jaffa_Cake101/media/Peterborough%2016th%20Feb%2014/DSCN4780_zps6f3910c1.jpg.html)

(http://i151.photobucket.com/albums/s139/Jaffa_Cake101/The%20Cotswold%20Tour%20With%20Charlie/DSCN4885_zps7891852f.jpg) (http://s151.photobucket.com/user/Jaffa_Cake101/media/The%20Cotswold%20Tour%20With%20Charlie/DSCN4885_zps7891852f.jpg.html)

:popcorn: :whistling:
Title: Re: Trade in Price
Post by: Zebedee on August 16, 2014, 08:20:47 PM
Got it.......
Title: Re: Trade in Price
Post by: Rusty on August 16, 2014, 11:12:48 PM
Me too ... All those pictures are taken with your sooooper doooooper Nikon camera  :yes:
Title: Re: Trade in Price
Post by: Rusty on August 16, 2014, 11:19:23 PM
Ps ... Of course both Geoff and Steve are correct in their view of miles / value and smiles. There can be no doubt that some and perhaps more than some have had some great mileage experiences out of our bikes. ... Debs for sure .... And even if you fancy a change now and again it's the fun of getting out there and putting that great smile on your face regardless of wether the dealer has given you a bit more or a little less. Keep going chaps. We all love our bikes and the blokes we ride with .... Well ... Some Northern folk may take the piss but ....... :whistling:  :whistling:
Title: Re: Trade in Price
Post by: O.C. on August 17, 2014, 05:32:49 PM
Quote from: Rusty on August 16, 2014, 11:12:48 PM
Me too ... All those pictures are taken with your sooooper doooooper Nikon camera  :yes:

And apparently fitted with a wide angle lense  :mfr_lol: 

Quote from: Rusty on August 16, 2014, 11:19:23 PM
Ps ... Of course both Geoff and Steve are correct in their view of miles / value and smiles. There can be no doubt that some and perhaps more than some have had some great mileage experiences out of our bikes. ... Debs for sure .... And even if you fancy a change now and again it's the fun of getting out there and putting that great smile on your face regardless of wether the dealer has given you a bit more or a little less. Keep going chaps. We all love our bikes and the blokes we ride with .... Well ... Some Northern folk may take the piss but ....... :whistling:  :whistling:


Easy Tiger  :shocked:  :mfr_lol:   :mfr_lol:   
Title: Re: Trade in Price
Post by: pross on August 17, 2014, 07:42:30 PM
Quote from: The Wolf on August 16, 2014, 07:30:39 PM
Zeb, I've looked through some photos which quite simply sum up my time with the GTR and the people who ride them, coincidentally they all have something in common, can you tell what it is yet?

(http://i151.photobucket.com/albums/s139/Jaffa_Cake101/Belfry%20GTR%20Meet%20June%202014/DSC_5546_zpsc1503979.jpg) (http://s151.photobucket.com/user/Jaffa_Cake101/media/Belfry%20GTR%20Meet%20June%202014/DSC_5546_zpsc1503979.jpg.html)

(http://i151.photobucket.com/albums/s139/Jaffa_Cake101/Peterborough%2016th%20Feb%2014/DSCN4780_zps6f3910c1.jpg) (http://s151.photobucket.com/user/Jaffa_Cake101/media/Peterborough%2016th%20Feb%2014/DSCN4780_zps6f3910c1.jpg.html)

(http://i151.photobucket.com/albums/s139/Jaffa_Cake101/The%20Cotswold%20Tour%20With%20Charlie/DSCN4885_zps7891852f.jpg) (http://s151.photobucket.com/user/Jaffa_Cake101/media/The%20Cotswold%20Tour%20With%20Charlie/DSCN4885_zps7891852f.jpg.html)

:popcorn: :whistling:


Go on wolfie give us a clue  :mfr_lol: :whistling:

And as someone said you can't put a price on enjoyment  :clap:
Title: Re: Trade in Price
Post by: Lonewolf on August 17, 2014, 08:03:17 PM
No big surprise really but basically they all enjoy getting out on their bikes, exploring, having a great time, meeting new friends and not being afraid to express themselves and that's because they're a cracking bunch of people.