Do you want to know how much your motorcycle is worth? Are you curious to know what your business or retail value is? Maybe you just want to know how much you should expect to pay for a new or used bike. Well, you might be interested to know that there is more than one resource available to you for these purposes.
There are two main price guides in the United States: the Kelley Blue Book and The National Automobile Dealers Association or NADA guides. Some people feel that the NADA guides are a better source than the Kelly Blue Book because the National Automobile Dealers Association is currently the largest publisher of Valuation Guides in the world. NADA has been in business since 1933 and their manuals provide information for nearly every motor vehicle ever made.
Kelley Blue Book is the best known price guide and has been in business for over 80 years. But they do publish more than one price guide for used vehicles, including motorcycles, so be careful if you’re asking a dealer because chances are the one they’re using is the version labeled “Kelley Blue Book Auto Market Report – Official Guide.” The book says that “suggested retail values” represent the Kelley Blue Book dealer’s estimated retail price, but you can bet a dealer won’t show you those figures. It’s best to get your own copy and do some price research yourself so you don’t get taken advantage of.
Visit motorcyclebluebook.com for prices on a large selection of bikes. By selecting the make, model and year of the motorcycle you are interested in, the website will send you an email containing information on the value and sale prices of any particular motorcycle.
Another price guide you may want to check out is Edmunds.com. This is an online information site that also gives you the value of your motorcycle or the expected price for the make and model you are interested in.
You can buy the books or visit any or all of these websites. Enter information about the condition of the motorcycle you currently own and wish to sell or appraise, including any custom work and options, or make an inquiry for the price of a new or used motorcycle you wish to purchase. The trade-in, suggested retail value, and private party price will be provided to you. You’ll also want to keep in mind that motorcycle prices vary, sometimes a lot, depending on where you live, locally and globally. A good tip is to check books or websites and your immediate market area for the most comparisons and the best accuracy on cost and value.
