OB1 wrote: ↑Tue Jul 24, 2018 11:07 am
Back in 2006, I bought an old stock Cagiva Raptor 1000 and put 3,000 miles on it in 3 months. I was having issues with the footpeg to seat distance giving me cramp in my legs, so I popped down to Essex BMW to look at trading it in for a R1150R Rockster. The dealership offered me £2,500 for the Cagiva because the mileage was high... I eventually traded it with 6,000 miles showing for a Speed Triple and lost no money.
Another bike that I have recently sold was a 1978 Honda CB400 A Hondamatic. 40 years old with fewer than 10,000 miles showing!
A friend of mine has owned in excess of 200 bikes, most of which he bought new, put a couple of hundred miles on and then exchanged for the next bike he wanted. He's probably lost thousands over the years but that's what he likes to do so that he can say that he owned a certain bike. I don't think he's had a first service for years and never has to buy tyres or chains.
Each to their own, I suppose.
The Cagiva was high mileage. The average mileage on a bike in the U.K. is around 3000.
Therefore a 3 month old bike with that amount miles on is high, compared to average.
This isn’t the dealer network saying this, it’s the market. A dealer, yes I was one, will value something at the point of buying it in based on what he thinks, thinks not can, sell it for.
Unless of course he had the bike underwritten by another trader. Then he knows what he’ll get.
Of course, each dealer sees a bike differently. I did buy and sell a couple of Cagivas in my time. But they had to be cheap for me to take the punt. They weren’t the quickest sellers, as you know, you had an old stock bargain.....and good luck to you.
- good news for those of us who'll be looking for a second hand bike in the next couple of years, bad news for the industry as it'll probably mean bike shops shutting down through lack of income from servicing work. 
