I have been looking to buy a honda cbr 1000rr without much sucess.. I live in southern california...

I found an 04 one, two owners, i would be the third that has about 9500 miles... The asking price is about $7500.. its pretty much stock with a slip on exhaust.... The owner said it fell once on the right side.... and the ferring has a crack in it but not big..

What do you guys think??

 

Hondas are known to hold their value fairly well

look up the trade in/retail values on kbb.com and nadaguides.com
then make your offer based on the overall condition of the bike
a slip-on is no big deal and goes for anything upwards of $200

 

In TX that bike would be worth about $6000

Here is the rule of thumb I use for pricing:

Take the KBB Prices (Trade-in and the retail) and come up with an average then deduct the price of the new Plastic to replace the broken one.

Just remember you will be the 3rd owner!!!!

I bet if you keep looking you can find a clean 04-05 no damage one owner for $7,000

I only paid $8900 for my new 06 in Dallas,TX where no one ever gets a very good deal.

When I was looking for a CBR I found several 04-05 one owner under 4000 mile bikes for around 7K.

The Hunt is part of the fun of buying a new bike!!!

Todd

 

If you can get an 05' or even 06'! save extra bit and get the 05' even 06' it will be better for U as the 04' has a few little problems as it was the first!

 

dont get it. my used 05 at the dealer wit 1400 miles on it cost me 9800 +tag n title n it wasnt ever layed down. save up some money or get some financed n buy a newer one. either that or tell him to drop his price.

 

Do sound a lil high. Bought my 06 from the first owner w/1500 miles, not a scratch/scuff- 9k.

 

thanks for the advice.. i went to look at the bike.. it looked pretty nice, the damage on the right side was very minimal.. like 2 inch crack.....

However, i think i will wait and try to find a better deal.....

 

ok gonna go check out another 04 tomorrow... has 2k miles on it.. asking around $7.2k obo.. hopefully i'll have a 1000RR soon i'll let u know how it goes!

BTW any big differences between say 04 and 05/06 models

 

04' and 05' same just different colours....06' totally different 04'-05', I had the 05' before the 06' and it is a big difference and the 07' is meant to be the same as 06', with different colours.... The 06' is a better bike everywhere! Its not just a little lighter and revs alittle more! It is a different bike full stop!

 

so what are the exact changes anyways??? Can someone specify? Thanks for your information...