New Rider: 08' Fair Price? - ZX6R Forum
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post #1 of 24 Old 05-18-2017, 09:23 PM Thread Starter
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New Rider: 08' Fair Price?

Hello everyone, I am new to these forums and have come to seek advice.

I am currently preparing to purchase my first motorcycle and have been looking a the 07' and 08's.

As of now I'm considering an 08' ZX-6R with 18k miles with an aftermarket exhaust (slip-on, looks like an Akra), bar ends, fender eliminator and frame sliders. The bike looks to be in good condition with no severe visible damage.

The list price is $6,495. As I'd prefer not to buy a bike of off Craigslist I am willing to pay a bit extra from an actual use bike dealership, but want to make sure I wouldn't be getting ripped off. Any advice much welcomed.

Link to the bike here: Omega Motorcycle - Search Results

Thanks,

Nah8
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post #2 of 24 Old 05-18-2017, 10:28 PM
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Horrible price for a nearly decade old bike. Maintenance records? I'd pay maybe 3kish.... you can get a late generation ZX6R for over 6k range.
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post #3 of 24 Old 05-19-2017, 12:03 AM
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Originally Posted by Gawernator View Post
Horrible price for a nearly decade old bike. Maintenance records? I'd pay maybe 3kish.... you can get a late generation ZX6R for over 6k range.
Prelude: It's a bit strange to say that when one modifies their motorbike, they are actually diminishing the value. A 100% OEM bike will usually fetch a higher price. Even if you are jazzed about a modification, do not in any manner show it - ever!

I can easily say I have several $1,000.00s invested in my '15 ZX-6R. If I were of the mind to sell it (I most certainly am not), I'd strip the bling off and sell it on the side for a greater return

Firstly, I would have to agree with Gawernator - it's too much money. It's nine yrs old, that turns out to be ≈ 2,015-mi/yr. Now I am a believer that it's ' healthier for any internal combustion machine to be ran than parked. So, the mileage in and of itself is not excessive.

Secondly, the next Q I would have for you is how are you gonna pay for it? Cash or financing it? You have a lot more leverage if it's cash (or at least a bank draught). Deal with them the last week of the quarter... If business is slow/inventory high, they will be more receptive to dealing - if the weather is inclement, better yet. Better to dry yourself than soak your wallet.

#3, Negotiate your deal. If you're not a 'natural horse trader,' bring along a friend or relative as your proxy to negotiate the deal, whilst you remain essentially mute. This is not the time to be proud - it is the time to save your money. So, if you have to finance, put the absolute greatest cash sum down that you can to hold it; arrange w/your bank/credit union, etc. in advance, to issue a draught for the balance. Take it down the same day - they will stay open to conclude the deal.

4th of 5, this also is the time to negotiate gear into the deal, the profit margin on retail is huge compared to the bike itself, so there's more room to wiggle that stuff in. But, it's not the time to ask for the kitchen sink - be logical. So, one needs to eyeball possible swag prior to the negotiations.

Lastly, one should always negotiate a stipulation concerning a used bike, that the deal is not concluded until you've had the mechanical health verified by an independent mechanic of your choosing (say, 48-72 hrs). Have this prearranged with said mechanic well in advance. Do not merely 'spring it' on this mechanic. You will have to pay the mechanic for their time & assessment.

P.S.: Always, always be willing to walk away at any moment in the negotiation process. It is not the only blue '08 ZX-6R on the market.
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Last edited by ZedExMuse; 05-19-2017 at 12:08 AM.
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post #4 of 24 Old 05-19-2017, 12:06 AM
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That bike would be worth about 4K around here. Where in Cali are u?
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post #5 of 24 Old 05-19-2017, 06:18 AM
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In my area that bike would cost about $4k, maybe go for $4.5k now that it's summer. I would be looking to pay $4k or less.

For $6k, I would be trying to find a low mileage, well maintained 2011 or 2012, or a motivated seller on a 2013+.
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post #6 of 24 Old 05-19-2017, 07:07 AM
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Originally Posted by commiehunter View Post
In my area that bike would cost about $4k, maybe go for $4.5k now that it's summer. I would be looking to pay $4k or less.

For $6k, I would be trying to find a low mileage, well maintained 2011 or 2012, or a motivated seller on a 2013+.
This comment is the most realistic. Someone may dump a bike for 3k but usually a good one is gonna cost a bit more. Mechanical health is the most important thing here. Buying a used bike is ALWAYS a gamble. Unless you have a crystal ball.
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post #7 of 24 Old 05-19-2017, 07:16 AM
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Price is outrageous. You can get a good rider of the same vintage for 2k less from a private party. Easily.
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post #8 of 24 Old 05-19-2017, 07:27 AM Thread Starter
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Originally Posted by Gawernator View Post
Horrible price for a nearly decade old bike. Maintenance records? I'd pay maybe 3kish.... you can get a late generation ZX6R for over 6k range.
Wow, I'm so glad I decided to check on here before pulling the trigger... thank you for the input!
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post #9 of 24 Old 05-19-2017, 07:33 AM
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@Nah8 if you tell us where you are located, I can look on CL and see if I see anything that looks promising. It's a hobby of mine.

That said, I saw your comment about not wanting to buy via CL. There's advice to be had here on what to look for, how to inspect the bike, and it is where you're going to find the best deal. If you're buying from a dealer, you will pay more, as you mentioned.

It's possible you can use our comments, and/or listings on Craigslist to show the dealer a more accurate value for the bike, and negotiate a lower price from them.
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Last edited by commiehunter; 05-19-2017 at 07:45 AM.
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post #10 of 24 Old 05-19-2017, 07:39 AM Thread Starter
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ZedExMuse,

Thank you, this was such helpful information. I intend to pay for it in cash but am definitely no natural horse trader and I don't personally know many people who are. This is an entirely new game to me as this will be my first "large" purchase and I don't want to blow it.

I'll definitely stipulate that I will need a mechanic of my choosing to check it out if I decide to go ahead with the purchase.

Again, thanks for the excellent advice.

- Nah8
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post #11 of 24 Old 05-19-2017, 07:41 AM Thread Starter
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Originally Posted by commiehunter View Post
@Nah8 if you tell us where you are located, I can look on CL and see if I see anything that looks promising. It's a hobby of mine.
Sacramento California, but I'm willing to drive down to the bay area to pick up a bike too. - Cheers
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post #12 of 24 Old 05-19-2017, 07:44 AM Thread Starter
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Originally Posted by Scorpi0 View Post
That bike would be worth about 4K around here. Where in Cali are u?
Yep, up in central Cali.
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post #13 of 24 Old 05-19-2017, 07:48 AM
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I'd check these out:

2014 for $7.5k or offer
https://sacramento.craigslist.org/mcy/6135491955.html

Do you love the 07/08? Here's an 09
https://sacramento.craigslist.org/mcy/6132418995.html

And finally, an 07 with 17k miles for $4k. Just like we said.
https://sacramento.craigslist.org/mcy/6138111679.html
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post #14 of 24 Old 05-19-2017, 07:54 AM
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Bay area prices look higher than Sacramento.

07 for $4k, but 25k miles. Looks clean though.
https://sfbay.craigslist.org/sfc/mcy/6117877633.html

A good price on what looks like a decent 06
https://sfbay.craigslist.org/nby/mcy/6136491276.html

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post #15 of 24 Old 05-19-2017, 07:57 AM
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My acquaintance is selling a fully built 2013/2014 something ZX6R for about 6k, including an AMA supersport built motor, quick change wheels and basically many thousands invested into it. Something like that might be too much for what you want but it gives you an idea of what you could be buying for 6-7k. That bike and me are both pretty close to you.

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