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  1. #1
    Junior Member weeman's Avatar
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    Hello I'm new here I hope put this in the right place. What would you say is a fair price for an 89 in excellent condition with less than 700 miles. NADA has the value at $1070 for excellent condition is there a better place to find true market value for the tw's?



    The guy wants $1600 I just think that's a lot for a 23 year old bike low miles or not. Would you go any higher and if so what would you think the top end for a bike in this condition is? Ive seen pictures not inspected up close yet. Are there any problem areas to look for on a bike this old with so few miles? I know basic stuff like rust in the tank etc. Thanks for any advice and input in the matter. Sly

  2. #2
    Senior Member Dark Sol's Avatar
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    To pay $1600 for an 89 I would expect everything to be like new and/or rebuilt; battery, sprockets, chain, tires, carb, gaskets, any rubber parts, maybe a new CDI and the frame and rims should be in excellent condition. Basically, anything that is prone to failure due to age I would expect to be rebuilt or replaced to pay that kind of price. It should run flawlessly too, of course.



    Otherwise, a fair price is between the 500-1000 range, depending on the overall condition.
    2008 CRF230L

    2006 CBR1000RR

    2007 CB919 - 70k Miles and still runs like new!

    * 2001 TW200 (Sold after 15k miles of fun)

  3. #3
    Member Turwilliger's Avatar
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    Low mileage is great, but age plus lack of use can be problematic.



    There are many things (uv, ozone, extreme temps, humidity, dryness) that will cause corrosion or degradation.

    So as you begin to ride such an old bike- the tires may begin to crack, fork and brakes may begin to swell and/or split and leak, etc.



    Factor in all these possible failure points and you'll realize the owner is asking too much on a gamble. YOU are the one that either suffers a breakdown at some I opportune moment or spends his $$$ refurbishing a bike that ultimately is still pretty old.



    If these things are not daunting to you- Give him an offer you feel comfortable with- not the one you think he might accept. If it doesn't feel right, walk away.
    07 tw200 - 70% offroad useage / barkbuster vps handguards / Emgo trunk box on oem yamaha metal rack / mirror extenders (ebay) / DID 428 v oring chain / jt sprockets 14/47 / pro taper se hi handlebars / pro taper mx synergy dual compound grips / judicious use of black 3m scotchlite reflective tape

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  5. #4
    Senior Member RisingSun's Avatar
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    Quote Originally Posted by sly View Post
    Hello I'm new here I hope put this in the right place. What would you say is a fair price for an 89 in excellent condition with less than 700 miles. NADA has the value at $1070 for excellent condition is there a better place to find true market value for the tw's?



    The guy wants $1600 I just think that's a lot for a 23 year old bike low miles or not. Would you go any higher and if so what would you think the top end for a bike in this condition is? Ive seen pictures not inspected up close yet. Are there any problem areas to look for on a bike this old with so few miles? I know basic stuff like rust in the tank etc. Thanks for any advice and input in the matter. Sly
    What!!! No way!!! I got my 2001 with 700 miles $1400. Only two owners and the second owner only had it for 5 months. Hold off. Just wait for a guy who bought the bike for his wife and now his wife rode it twice and doesn't ride it anymore. I have seen it alot.

  6. #5
    Senior Member mtkd's Avatar
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    I just picked my 2001 up with 6000 miles for 500 (busted fender missing mirror and ugly but running well).
    -Szj



    2001 TW

  7. #6
    Senior Member pgilles's Avatar
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    Quote Originally Posted by sly View Post
    Hello I'm new here I hope put this in the right place. What would you say is a fair price for an 89 in excellent condition with less than 700 miles. NADA has the value at $1070 for excellent condition is there a better place to find true market value for the tw's?



    The guy wants $1600 I just think that's a lot for a 23 year old bike low miles or not. Would you go any higher and if so what would you think the top end for a bike in this condition is? Ive seen pictures not inspected up close yet. Are there any problem areas to look for on a bike this old with so few miles? I know basic stuff like rust in the tank etc. Thanks for any advice and input in the matter. Sly


    It's worth whatever someone is willing to pay for it Since the market is so small for these bikes, it's tough to put a price on one. $1600 may seem like a lot, but the seller may be looking at their competition, or lack thereof, and realize it's the only TW in a 300 mile radius. If you search the newspaper and the local craigslist and the 89 is the only TW, or at least the only one is decent shape, the price should make more sense. Depending on how bad they want to sell, you may be able to talk them down on price.
    Sold bike.



    Youtube vids of old TW's acceleration:

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  8. #7
    Senior Member RisingSun's Avatar
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    Quote Originally Posted by pmtg View Post
    It's worth whatever someone is willing to pay for it Since the market is so small for these bikes, it's tough to put a price on one. $1600 may seem like a lot, but the seller may be looking at their competition, or lack thereof, and realize it's the only TW in a 300 mile radius. If you search the newspaper and the local craigslist and the 89 is the only TW, or at least the only one is decent shape, the price should make more sense. Depending on how bad they want to sell, you may be able to talk them down on price.
    If you believe its worth whatever your willing to pay for it then I will sell you my bike for a $1,000,000. So that advice is ridiculous. Kelly's blue book didn't even list the bike until 1991 and it was $1015. That is at excellent. So unless that bike was run everyday and kept under a glass shield it is no way worth $1600. I would offer at best $500 and it would have to be spotless.



    Kellys blue book definition of Excellent: Excellent Condition



    A vehicle is deemed in excellent condition by Kelley Blue Book®if it appears brand new, hasn't had bodywork (including paint), lacks rust, is in perfect mechanical condition, and doesn't require any repairs whatsoever. The interior is clean, as is the engine, which has no observable flaws or fluid leaks. The engine should also appear to be free of wear and tear. A car in excellent condition has an entire (provable) record of service and a clean title history. According to Kelley Blue Book, "less than 5 percent of all used vehicles fall into this category."





    R

  9. #8
    Senior Member Omega Man's Avatar
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    Quote Originally Posted by sly View Post
    Hello I'm new here I hope put this in the right place. What would you say is a fair price for an 89 in excellent condition with less than 700 miles. NADA has the value at $1070 for excellent condition is there a better place to find true market value for the tw's?



    The guy wants $1600 I just think that's a lot for a 23 year old bike low miles or not. Would you go any higher and if so what would you think the top end for a bike in this condition is? Ive seen pictures not inspected up close yet. Are there any problem areas to look for on a bike this old with so few miles? I know basic stuff like rust in the tank etc. Thanks for any advice and input in the matter. Sly
    Yes it's a lot of money. If you were up here in the Northeast, and they didn't show up very often, were gone/sold all but instantly, that is the market price. The other side of what I describe is as long as you keep it in a condition somewhat to how you bought it, you will get your money back should you decide to sell. The other up-side is you get a kick-start and miss out on the disc brake OM
    "It's more fun going fast on a slow bike than going slow on a fast bike" UK

    1994 TW200, 2009 F800GS loaded,

  10. #9
    Senior Member pgilles's Avatar
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    Quote Originally Posted by RisingSun View Post
    If you believe its worth whatever your willing to pay for it then I will sell you my bike for a $1,000,000. So that advice is ridiculous. Kelly's blue book didn't even list the bike until 1991 and it was $1015. That is at excellent. So unless that bike was run everyday and kept under a glass shield it is no way worth $1600. I would offer at best $500 and it would have to be spotless.



    Kellys blue book definition of Excellent: Excellent Condition



    A vehicle is deemed in excellent condition by Kelley Blue Book®if it appears brand new, hasn't had bodywork (including paint), lacks rust, is in perfect mechanical condition, and doesn't require any repairs whatsoever. The interior is clean, as is the engine, which has no observable flaws or fluid leaks. The engine should also appear to be free of wear and tear. A car in excellent condition has an entire (provable) record of service and a clean title history. According to Kelley Blue Book, "less than 5 percent of all used vehicles fall into this category."





    R


    Ummm, okay. I think you're confused. Just because you list your TW for $1,000,000 doesn't mean I have to buy it. The market is created by what the buyers are willing to spend on something. Remember that housing bubble a few years ago? Do you really think the homes sold at those elevated prices were a good value? Or do you think the prices were inflated just a tad because the seller knew the buyers were willing to spend a bit more? In the eyes of the buyer, at that point in time, those homes were worth it (that's why they signed the papers). Fast forward to today, and the same exact house can go for half the cost. No one is willing to buy at 2006 prices in 2012, even though it's the exact same house. And if you sell for less than what other homes are going for, you lose out of your full profit potential.



    If I'm selling a bike and I have time to sell it, I can list it at whatever price I want. Maybe I can wait a year for that right buyer to come strolling along and pick up my 89 TW for $1600. Now, if someone down the street is selling the exact same bike for $1000 I know that my bike won't sell mine for $1600 while that other bike is still on the market. But if I have the only bike for sale within 300 miles, I very well could ask for $1600 and wait for that buyer to come in.



    Look at the NADA/KBB values all you want. It's a baseline. From there, you look at your local market and respond accordingly.



    I'm not saying an 89 is worth $1600. But to someone else, it just might be.
    Sold bike.



    Youtube vids of old TW's acceleration:

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  11. #10
    Senior Member mtkd's Avatar
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    I don't understand what the big deal about the kick start is. The bike is so light and small that getting it rolling and popping the clutch is super simple if the starter fails.
    -Szj



    2001 TW

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