Market value of bike
#1
My bike is about to be bought off me by work so it will now be a company vehicle. I need to find out the current market value to keep the accountant happy. Where would you go to find out?
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#2
m8ee,
Be careful with Redbook those quoted values are way below the current market in most cases and are designed for dealers to make a profit.

The current average value of a 99 is between 10,500 and 13,000. not the quoted average that is much lower.
Of course there are lower than this but they are not looked after.

For your 2005 bike, I would reckon market value would be about 15,500 depending on miles and condition of course but I am sure they are fine.

If you do a quick search on bikesales.com for Hayabusa, you will find the true market value. There are about 13 bikes for sale.
Rgds BUSGO

"TAKE MY ADVICE"
I'm not using it anyway!Edited by: BUSGO at: 17/5/06 9:21 am
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#3
www.redbookasiapacific.com/au/mcycle/mcycles.php?make=SUZU&family=GSX1300
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#4
thanx Volvi....... you da man, and don't let Mundine tell you any different
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#5
Thanks Busgo, it doesn't really matter a whole lot as I am buying it off myself so to speak, just keeping the bean-counters happy.
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#6
Busa owners think there bikes are worth more than they are. Asking price isnt selling price.
wait another few more months and if the 2007 bike is different the resale will fall again.
Interesting how you can lease a motorbike thru work. Where I work --no motorbikes nor utes nor commercial vehicles Edited by: Gazza414 at: 17/5/06 12:50 pm
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#7
My busa is a company vehicle...
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#8
I work in bicycle wholesales, and all I get is a staff pushbike!
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#9
De -- thru your company or as an employee????
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#10
Through my company.
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#11
yeh mines a work a holic also. In the wrong job Gazza. Cheers,
Kawasuki
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#12
Depends what the 07 model is Gazza!
if its new and unpopular the old one will be a keeper .
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#13
Regardless, the old ones are KEEPERS anyway.
I might get a six to put alongside it if they are as good or better.

Rgds BUSGO

"TAKE MY ADVICE"
I'm not using it anyway!
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#14
So what companies do you lease your bikes thru?
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#15
Not leased. Company owns it.

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