websites for resale value of scooters?
Posted: Tue May 22, 2012 11:29 pm
I am looking into finding the resale value of my scooters. Can anyone lead me to some good websites to help?
schroeder wrote:I am looking into finding the resale value of my scooters. Can anyone lead me to some good websites to help?
Try the Kelley Blue Book. They have "retail" values (what you might expect a dealer to charge) and a "trade-in" value (what you might expect to sell it to a dealer for).
Retail for your 09 Buddy 150: $2,320 http://www.kbb.com/motorcycle/retail/20 ... 50/250005/
Trade in: $1,555 http://www.kbb.com/motorcycle/trade-in/ ... 50/250005/
I'm told the trend is that you shoot for something in between those two points.
More realistically, it totally depends on the season and location. Supply and demand works really, really well for scooters. They sell higher in Spring/Summer, cheaper in Fall/Winter. How many scoots are in your area? Do some research, browsing through Craigslist and the classifieds and any auto-trading sites. They sell for whatever people can get, I know plenty of people that have bought/sold well above expected value. And again, depending on model availability/time of year people that buy/sold at ridiculously low prices.
If there's only two people selling a Vespa GTS on Craigslist for example, you can bet they price it about 50 cents cheaper than the dealership and still sell it in some cities :/ But in LA, tons of 50cc scoots on Craigslist, you can buy something like a Metro for below it's supposed value - at a point, people just need to dump it and get what they can for it.
Whether you want to buy or sell, take your time and do your research. It'll come back to help in a big way, in my opinion.