Do motorbikes go up in value?
Do motorbikes go up in value?
I ride an 1100 and for the last few years I've been waiting for the day when I can replace it. For a number of years now I've been considering buying a new motorcycle, but all my research has made me think it would be stupid to sell my vintage bike and spend all that money on a new one. However, since I haven't bought anything in a while, and I just got a new job, I figured I might as well buy the motorcycle I have always wanted - my first motorbike - before I forget about it. It is a 2024 model with a black and gray metallic frame.
I figured the odds were pretty good that it wouldn't go up in value like a car does. Or at least that if I did pay too much for it would only be by a few dollars, like you'd never see the same motorcycle twice.
What's more, you buy the bike and then when you get it home you need a license or maybe some insurance. Maybe registration of some kind, too. I couldn't imagine getting a huge chunk of cash in the mail for an already legally registered bicycle, but there you go, if you live in California that's what they do.
All that said, I figured the best way to find out would be to give myself some sort of benchmark that if it went up in price I wouldn't lose too much sleep over it. I didn't realize the value of a good vintage antique motorcycle would be such a subjective thing. After some research I've made the following conclusion.
I am not an expert on bikes and am no fan of the 'barn find' movement. This blog will look at motorcycle values for what they are. We want to know what the range is for an old vintage bike. The first thing to remember when buying a vintage bike is that it will depreciate (decrease in value) in value with age and you will most likely end up spending the full fair market value of the bike regardless of how much it was actually worth originally, since this is simply the price at which someone will part with it.
How do you lookup the value of a motorcycle?
I have a set of tables with different types of vehicles. Vehicle Type, Colour, Brand, Engine Size, Price and so on.
How would I find all the values of the vehicle type 'X'? I would guess something like: SELECT v.VehicleType, v.VehicleModel, v.VehicleColor, v.VehicleBrand, v.VehicleEngineSize FROM vehicle v. WHERE v.VehicleType = 'X' But I don't know how to find all these values in a single SQL statement. You can do this using the UNION operator. You can use whatever column you want for the condition to check.VehicleType = 'X'
UNION ALL. NULL. ORDER BY 1. You can also add an ORDER BY to order the results.
How many miles is high for a used motorcycle?
For high end bikes, which are custom made as such, they can range from 10,000-15,000 miles. For example, my 2024 Suzuki GSXR1000 was built with a custom made engine, and it will do 20,000 to 23,000 miles on average. For street bikes, I've read that they can do around 5000 miles at most, and some can't do it at all. Some of the more "modern" bikes in the US have around 6,500 miles.
For "street bikes", 5000 is about as far as you should go. The reason is because there are two distinct groups: the cheap ones, and the high-end ones. Cheap bikes typically come with a throttle body, or a rejetting kit, and they'll break down on you at 5000 miles. The rejets are not expensive to replace, but if you don't have that kind of money lying around, then you're just out of luck. The high-end bikes will break down after about 15,000 miles.
Some of the biggest, and most reputable motorcycle manufacturers have stated that their top-of-the-line bikes will last 15,000 miles.
How to value a motorbike?
In this post I will try to cover the very basics of how to value a motorcycle. There are many different factors that should be considered in order to get the true market price for your bike. The first one is the condition, condition can be both physical and mechanical, I will cover all the factors of the mechanical side later in the post.
Mechanical. The next important thing when it comes to the market value of a motorcycle is its condition. Condition affects its resale value greatly. You can see it yourself, the higher the condition is the lower the prices will be. So if you want to make sure your bike is worth more on the next sale, its best to get a professional mechanic check it out.
The first thing a mechanic will do is to check the fluids, the brake pads, the tire condition, the battery condition, the chain and sprockets, the suspension, the wheel bearing condition, the hoses and fuel lines, the engine oil, the water, the filters. If it comes to the engine, you should have the following tests done: crankcase oil, engine oil, valve train oil and filters. After all these tests, you will get an estimate of what your bike can be worth.
You should get a detailed car condition report. That means a full mechanical breakdown of the engine, the condition of all major components and of course the vehicle's history. These reports cost money but they are definitely worth it.
Also there are a few other very important aspects that should be checked: brakes, suspension, wiring and hoses, lights, indicators, etc. You should get them checked before you sell it or put it up for sale. If you bought it used, chances are they might be fine, but it might be a good idea to get them checked.
It will also give you a little more information about its history, like where did it come from, what it has been through, what repairs it has undergone. This is only a very general overview of the things that should be checked by a mechanic. I will go more in depth in my next post.
The next point when it comes to condition of a motorcycle is what makes the biggest difference: its exterior.










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