My family is growing and we have a need to get a larger vehicle. I have been thinking of selling the CB but the used price-tags I have been seeing are ridiculously low. I have even seen brand new cbs going for $5999!! I paid $9500 for mine and still owe 4k on it. I can't justify letting it go for less than $6500. Has anyone had luck with trade ins? Part of me wants to keep this bike but we are having trouble fitting two car seats in a civic and can use the money for an SUV.
(This post was last modified: 04-03-2018 10:28 AM by holy666diver.)
04-03-2018 10:28 AM
LongRanger
Been There
Evergreen, CO
Posts: 4,220
Joined: Aug 2015
$4000-$5000 for a used '13 or '14 is about current retail in my area. Add $500-$1000 if it's a '14 DLX. Trade-in values are lower. Keep in mind the CB wasn't a strong seller when new (witness the leftover '14's still available), so expecting a firm price on a used one could be challenging.
Ride more. Worry less.
‘12 BMW R1200R Classic
'15 BMW R1200RT
Yep, bikes are hard to sell at any price. Not much demand for them. Local BMW dealer sat on a used one for a year before moving it.
Try your local Honda shop, they might sell on consignment.
You won’t make a profit.
Best thing I learned from my dog: “Never pass up the opportunity to go for a joy ride". Dan D.
04-03-2018 01:54 PM
holy666diver
Running Like a Top
Murrieta, Ca
Posts: 261
Joined: Aug 2014
I've had eighteen motorcycles in 48 years and only made money on one of them and it was totaled. The insurance gave me more than I paid for it. Other than that I broke even on one once and lost money on the remaining ones. I'm still riding number eighteen yet and fully expect to take a loss on it when the time comes. Good luck!!
Yep. been there done that. You aren't the only one.
You might chk around - some used car lots will take bikes (probably newer like yours) in trade for cars / suvs.
you should chk out the nada and blue book values as a bench mark. The Colorado market seems way low.
Southern Califa? Should be a lot of old farts that want to re-live old times on their CB1100.
Good Luck.
I was looking for a Triumph specifically cause I know the resale value is good. Bad part there weren't that many to be had and I didn't want to buy new.
I know my CB11 isn't going to be easy to sell either.
I hear ya on the used bike situation....
[font=Tahoma][color=#0000CD]It is what it is.[/color][/font]
If you needed to finance it , should have waited and saved enough to pay cash. Don't let the borrower be a slave to the lender. Don't ask how I know that quote?