I found an 01 cbr f4i on craigslist for $4000. It seems a bit high but I'm hoping he would be willing to take a little less. Its got 23xxx miles. Custom black paint job, custom chrome and red rims. Its about a 4 hour drive to where its at, but I cant find any other bikes around! Theyre all sold! I can put a link up to the craigslist ad if needed. Do you guys think I would be over paying by far for this? I was gonna buy an 02 that looked kinda rough for 2850 untill the guy decided someone else was gonna buy it first...

 

I would try to get him to 3500... the exhaust rims and paintjob give it some added value, but not that much considering the miles IMO....

 

i think thats high. KBB says its worth $2575, but it depends on where your at i guess. 2001 Honda - Kelley Blue Book.

and i dont trust craigs list sellers. but thats just me....

 

I'm just really ready to buy a bike i'm gonna end up spending too much :/ I dont wanna wait till winter for a good deal but bikes are going for insane prices right now.. I feel like its worth 3000 tops but I dont wanna lowball him like that since hes just selling it to pay bills. Any thoughts on where else to get a bike near Detroit Lakes MN?

 

WAAAAAY too high. I just bought my '01 with 6300 miles and no scratches last week in one of the highest cost of living areas in the country for $4k.

$3500 is far more reasonable, even with the custom bits.

 

I would say its high for the States as well.
I bought mine 3 years ago (In Ontario where an 03 RR goes for $5500-$6000) and I paid $4,200 with 17,000km (10,500ish miles)

 

Based on this single pic, it looks like a nice bike. BUT...IMO, yes, you'd be overpaying for it.

KBB is $2,575 for an '01 in *excellent condition*. At $4K, even w/ mods mentioned, its not worth the asking price. Its not as if he has Marchesini wheels on it.

While availability in certain areas can drive up selling prices, that much of a dif in book value vs asking price, is still a premium. What it really boils down to tho, is what you as the buyer are willing to pay.

Personally, I would be willing to pay a slight premium for a pristine condition bike in excellent mechanical condition, w/ maintenance records, low mileage, etc. However, it still boils down to what that premium is to worth to you. As long as you recognize that you'd be paying way over book & accept that decision, then its up to you.

Good luck w/ your shopping.

 

some of these prices make me sick, someone is wanting 5k for an 06 with 27k miles on it,
that has been dropped and shows damage on every plastic including the top of the gas tank.
then i see a 09 gixer 600 for 3.3k, and an 08 what looks like a busa for $2,250, though they are suzuki's.

 

FWIW, KBB is completely useless with motorcycles. Everyone is quoting the $2575 price. All the listings around me are above $3.5k. A bike I almost bought with 4000 miles sold within 3 hours of being listed for $3800.

The value of the bike is whatever someone is willing to pay.

 

So many people are asking a ton for these bikes. They all forget that they're 10 years old with old technology. You didn't see F3s selling for $4k five years ago, it shouldn't be any different for F4i's IMO. One reason I don't want to sell mine - it's not worth much any more.