The ride of Life
Join Date: Sep 2016
Location: Belmont, Calif.
Craig's List has worked for me.
Face it, selling a used motorcycle is a PITA. I have always found through CL one sincere buyer who wants what you have, but with that comes many tire kickers who will offer you but a fraction of your asking price without even coming to look at the bike. I just don't respond to them.
If you go the CL route use the CL blind box system, don't put your email address or phone number there to prevent the 2 AM calls of drunks wanting to come look at your motorcycle RIGHT NOW!
Way back when I was a kid going to college I worked first a multi-line dealer, then an HD dealer. We sold tons of used bikes, Honda, Yamaha and Suzuki, but there were some rules, they couldn't be more than three years old, had less than 5000 miles and be in excellent condition. We had the Kelly blue book and would offer the customer a trade in value 65% of the KBB number. The selling price was the KBB used retail price plus 10%. People would start with a small displacement bike like a 350 or 400, in a year want to trade up, usually over a three year period three times, sometimes more.
With Harley Davidson there were never any trade ins, but desperate customers needing cash now would sell what they had for less than a favorable price to them. We'd resell them for 10% less than a brand new and same model bike! Back then Harley Davidson's just didn't deprecate. Popular models do today however.
I was surprised how often customers would go for this deal. They would get so caught up in "gottohavethis its" just about anything you offered would do. We could sell the trade ins about as fast as we could get them in.
So, yes - you can get more selling the bike yourself, but always price the bike higher than your selling price, because if it has wheels the buyer will try to negotiate the price down. A sincere buyer may try to get you to knock $250 off, the not so sincere ones will offer you half of what you are asking. The way to handle that is to say "Thank you for your offer, but I think I may be able to do better. I have your phone number and if it comes to this I'll give you a ring. Don't.