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Know Your Used Motorcycles Values Before Buying

When it comes to buying a second hand or used motorcycle, it is crucial that you know exactly just how much the motorcycle is really worth and not what the seller thinks it is. Today there are a number of factors which can affect used motorcycles values the main ones being its condition, the year it was built and registered and where it is located. In addition to motorcycles you should also buy a robust motorcycle helmet to protect your head.

The easiest way for you to check if the asking price that the seller is valuing their bike at is fair is by using a number of different valuation resources. The most common ones used by dealers and private sellers today are the Kelley Blue Book or the valuation guide from NADA. Below we take a look at these two books in a little more detail along with some other ways to check out the values of used motorcycles.

The National Automobile Dealer's Association (NADA) Guide is as well known as the Kelley Blue Book. However, a large number of dealers and private buyers prefer this one over the Kelley Blue Book simply because they feel it offers a large amount of information relating to how the valuation of each vehicle is arrived at. The Guide has been published since 1933 and is one of the largest publications offering valuation prices for all types of vehicles including motorcycles.

Whilst the Kelley Blue Book is the more well known of the pricing guides that the general public can buy. However, this book has been published for more than 80 years now and they actually publish more than one type of price guidebook today. The main one that is used by many motorcycle dealers who deal in used motorcycles is called the "Kelley Blue Book Auto Market Report - Official Guide".

However rather than providing the person with a true valuation of what the bike may be worth instead it gives you the retail value (price the motorcycle will sell at). The price that you see in this guide is often less than what the dealer would be willing to sell the bike to you at (remember there in it to make a profit). So when looking to buy a used motorcycle it is important that you have all information to hand before.

The more information you have when it comes to knowing the true value of a motorcycle then the more bargaining power you will have when it comes to making the deal. If, however, you are finding it some what difficult to get hold of copies of either the Kelley Blue Book or the NADA Guide then why not go online instead. There are a number of sites now online which can quickly find you the information that you are looking for so you will soon be able to see if you are getting a good deal on the motorcycle you want to buy.

The first site that you may want to consider using to get a proper valuation on a used motorcycle is Edmunds.com. This one contains information on all makes and models of motorcycles that have ever been produced and is a very simple and easy site to navigate. To get the valuation for the motorcycle you are considering buying you just need to enter the make, model and year of motorcycle. Once done an email is sent directly to you showing what the bike is valued at along with the price at which it may be sold for. However, to get a good comparison relating to used motorcycle values it is best if you check the prices you are provided on these websites and from the guides mentioned above against the prices of the motorcycles where you live.

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