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Fair Price?

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  #1  
Old 05-23-2007, 10:14 PM
SeeBeeAre600's Avatar
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Default Fair Price?

I am a new member and have a simple question. Someone in my area has a 1998 cbr 600 for sale. It has a salvage title and he is asking $3300 for it. He says it runs great and is infair condition with a few scratches and has been laid down before. Iam interested in the bike, but not sure if that is a fair price for it? I don't want to get ripped off nor do I want to rip him off. What would bea fair price?
Also, this would be my first bike.
By the way, this is a re-post
 
  #2  
Old 05-23-2007, 11:32 PM
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Default RE: Fair Price?

You can get an approx. value at nadaguides.com
Another way to approx. the value is go to kbb.com and get the trade-in value as well as retail value and take an average of the two and that should be close enough to a fair private party value.
Hope that helps. Also, be patient...don't just jump on the first deal you see...check out the bike really well.
Good Luck!
 
  #3  
Old 05-24-2007, 12:28 AM
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Default RE: Fair Price?

Hello & Welcome!!

Try checking www.craigslist.com for some bikes as well. Salvage titles can be problematic.
 
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Old 05-24-2007, 01:47 AM
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Default RE: Fair Price?

Alwaysbe weary ofsomething with a salvaged title...I think $3300 is too much for that bike...especiallya '98 with some cosmetic damage. Welcome to the site, and good luck.
 
  #5  
Old 05-24-2007, 05:40 AM
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Default RE: Fair Price?

oh i missed the salvage title part...in that case just stay away from it
 
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