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Thread: Book value on bikes

  1. #41
    The Fuel King
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    mytransunion.co.za

    quite accurate. costs R10

  2. #42
    Rusty old tower Paris's Avatar
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    or call a bike shop just did that. 2 min call and got what i wanted
    HOLD ON WHILE WE MAKE THE JUMP TO LIGHT SPEED!

  3. #43
    Evil Biker Scum RandomGRK's Avatar
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    Quote Originally Posted by Paris View Post
    or call a bike shop just did that. 2 min call and got what i wanted
    Bike shops tend to tell you what they would value the bike. This might be different from what the actual book says. I like to be armed with an actual answer so that I can call bull when they pipe up with their funny numbers.

    Does Transunion do bikes?

    *Edit - Yes, Transunion do bikes. Just got my value.

  4. #44
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    Quote Originally Posted by Paris View Post
    so no decent link for bike book values?
    Book values mean very little these days anyway...
    It all depends what the market is willing to pay and when it comes to bikes the market is suffering due to the poor economic climate.

    If you really must know the book value of your bike phone any insurance company for a quote and they will quickly tell you.

  5. #45
    Biker Trash quincarroll's Avatar
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    I'm so close to being able to buy a bike that I can taste it...

    Found a bike I like, and the dealer selling it is asking R59k.

    So, to find out if it is a good price to pay, I went to the Transunion site and got this from it:

    KAWASAKI
    Vehicle Make: 600 / 650
    Vehicle Model: ER 650F
    Vehicle Derivative:
    Year First Registered: 2010
    Odometer Reading: 4104 kms
    Trade Value (Rand): From R 45790.00 to R 46754.00
    Retail Value (Rand): From R 51261.05 to R 53689.21

    Does the dealer really expect to get that much more than the retail "value" for the bike?
    Do you think they are hoping for a sucker to come along who has no idea what the bike is actually worth, or does the Transunion reported value mean that little in real life?

  6. #46
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    Quote Originally Posted by quincarroll View Post
    I'm so close to being able to buy a bike that I can taste it...

    Found a bike I like, and the dealer selling it is asking R59k.

    So, to find out if it is a good price to pay, I went to the Transunion site and got this from it:

    KAWASAKI
    Vehicle Make: 600 / 650
    Vehicle Model: ER 650F
    Vehicle Derivative:
    Year First Registered: 2010
    Odometer Reading: 4104 kms
    Trade Value (Rand): From R 45790.00 to R 46754.00
    Retail Value (Rand): From R 51261.05 to R 53689.21

    Does the dealer really expect to get that much more than the retail "value" for the bike?
    Do you think they are hoping for a sucker to come along who has no idea what the bike is actually worth, or does the Transunion reported value mean that little in real life?

    A realistic price for the bike you interested in is R54,00 from a dealer.
    Privately they go for about R47,000
    The dealer has added R5,000 to R54,000 and is taking a chance in my opinion and hoping he gets lucky.
    Of course if you finance your purchase the dealer gets a kick back from the finance house as well so he makes even more...
    The dealer is entitled to ask what he wants and you are not obliged to pay the asking price.
    Shop around for a better deal or make the dealer an offer and see what he says.

  7. #47
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    Quote Originally Posted by Mark View Post
    A realistic price for the bike you interested in is R54,00 from a dealer.
    Privately they go for about R47,000
    The dealer has added R5,000 to R54,000 and is taking a chance in my opinion and hoping he gets lucky.
    Of course if you finance your purchase the dealer gets a kick back from the finance house as well so he makes even more...
    The dealer is entitled to ask what he wants and you are not obliged to pay the asking price.
    Shop around for a better deal or make the dealer an offer and see what he says.
    Also gives him room to 'haggle'. Potential buyer walks in, and the salesman goes, "I tell you what, for you, I'll give a discount, how about R56000?".

    Also - the price the dealer asks might include things like registration, or it might only be added after.
    Four wheels move the Body; Two wheels move the Soul
    Fuelly: CBR600F Ninja 250R

  8. #48
    Biker Trash quincarroll's Avatar
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    Quote Originally Posted by Pyro View Post
    Also gives him room to 'haggle'. Potential buyer walks in, and the salesman goes, "I tell you what, for you, I'll give a discount, how about R56000?".

    Also - the price the dealer asks might include things like registration, or it might only be added after.
    I asked if there are on the road, etc. costs, and the salesman said...

    R1000 for licensing and reg.
    R2500 for service and something.
    R??? for micro dot (whatever that is)

    So they are asking R5000 plus the on the road costs. I'm going to make an offer of R54000 and see what they say.

    I also saw a 2007 ER-6f at another dealer and the Transunion value is between R33075 and R34641. Looks like they are also taking a chance in asking R45000.

  9. #49
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    Quote Originally Posted by quincarroll View Post
    I asked if there are on the road, etc. costs, and the salesman said...

    R1000 for licensing and reg.
    R2500 for service and something.
    R??? for micro dot (whatever that is)

    So they are asking R5000 plus the on the road costs. I'm going to make an offer of R54000 and see what they say.

    I also saw a 2007 ER-6f at another dealer and the Transunion value is between R33075 and R34641. Looks like they are also taking a chance in asking R45000.
    The South African Police Service (SAPS) has announced that microdots will have to be present on all vehicles:
    registered for the first time in South Africa on or after January 1, 2011
    To which the SAPS allocates a new vehicle identification number (VIN) on or after January 1, 2011
    Imported into South Africa on or after January 1, 2011.
    The Minister of Transport is to publish regulations to the National Road Traffic Act to make this a requirement.
    The microdots used will have to comply with SANS 534-1, South Africa’s microdotting standard.

    The law

    The piece of legislation dealing with microdot ID tags was published by the Department of Transport on 9 March 2012 as Notice R209 in Government Gazette 35130. It falls under the National Road Traffic Act, Act 93 of 1966, and is an amendment to the National Road Traffic Regulations. The amendment defines ‘microdot’ as ‘a micro-particle with a diameter smaller than 1.8 mm, which bears a unique optically readable microdot identifier of which the content and structure complies with SANS 534-1; and is legible with equipment that magnifies the text 60 times’.
    The part we’re most interested in reads as follows: ‘A motor vehicle registered for the first time in the Republic on or after 1 September 2012, shall be fitted with microdots which comply with the requirements of standard specification SANS 534-1 Vehicle security – Whole of vehicle marking Part 1 : Microdot systems.’ And this also applies to motor vehicles that require clearance by the South African Police Service.

  10. #50
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    I know the thread is old ,but try this link ,it might not stay alive for long.
    http://www.motoronline.co.za/pls/por...LE_VALUES.show
    Last edited by Skipskop; 28-07-2013 at 11:38 PM. Reason: Add link

  11. #51
    Biker Trash quincarroll's Avatar
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    Quote Originally Posted by Skipskop View Post
    I know the thread is old ,but try this link ,it might not stay alive for long.
    http://www.motoronline.co.za/pls/por...LE_VALUES.show
    Thanks...

    The offer I made on the bike was accepted and I'm the proud owner/rider of my er6f.

  12. #52
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    Quote Originally Posted by Skipskop View Post
    I know the thread is old ,but try this link ,it might not stay alive for long.
    http://www.motoronline.co.za/pls/por...LE_VALUES.show
    Yikes - if that is accurate, my old 2008 250 kawa should be worth 38K on trade in!

    And my Honda is priceless ;)

    Seems a bit - optimistic - at the very least.
    Four wheels move the Body; Two wheels move the Soul
    Fuelly: CBR600F Ninja 250R

  13. #53
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    Quote Originally Posted by Pyro View Post
    Yikes - if that is accurate, my old 2008 250 kawa should be worth 38K on trade in!

    And my Honda is priceless ;)

    Seems a bit - optimistic - at the very least.
    It was a little optimistic on my SR 250 too, ha ha.
    Still a handy tool, thanks Skipskop!
    *** The views expressed in my postings are my own and I will stand defiantly behind them!

  14. #54
    Az Dawg

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    They all kinda work out to my expectation, unfortunately the used bike market is ruined by buyers that refuse to pay as soon as a bike has more than 10000km or is over 2yrs old.

  15. #55
    I am dreaming of a mielie field ...
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    Quote Originally Posted by -Az- View Post
    They all kinda work out to my expectation, unfortunately the used bike market is ruined by buyers that refuse to pay as soon as a bike has more than 10000km or is over 2yrs old.
    -Az- you need to know where to sell...

  16. #56
    Az Dawg

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    Luckily I'm in the 'fix it' not 'sell it' business

  17. #57
    I am dreaming of a mielie field ...
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    Quote Originally Posted by -Az- View Post
    Luckily I'm in the 'fix it' not 'sell it' business
    As am I. It's better that way.

  18. #58
    Biker Trash Smellentino's Avatar
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    Quote Originally Posted by Pirate View Post
    As am I. It's better that way.
    Couldn't agree more!
    *** The views expressed in my postings are my own and I will stand defiantly behind them!

  19. #59
    Grammar Nazi (Wish I was a biker) Buelligan's Avatar
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    Quote Originally Posted by -Az- View Post
    Luckily I'm in the 'fix it' not 'sell it' business
    ...and have you managed to "fix" your shoulder yet
    Looking for a new onw...some Mad Scot stole mine

  20. #60
    Grammar Nazi (Wish I was a biker) Buelligan's Avatar
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    Quote Originally Posted by Skipskop View Post
    I know the thread is old ,but try this link ,it might not stay alive for long.
    http://www.motoronline.co.za/pls/por...LE_VALUES.show
    You got a username password combo
    Looking for a new onw...some Mad Scot stole mine

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