Motorcycle buyers complete reviews of the motorcycles to determine what price is fair and reasonable. No one wants to overpay for a motorcycle even if it is a Harley. They also do not want to get stuck with a lemon that is nothing more than a money pit. A careful review of important factors helps them find an affordable motorcycle that is worth the money.
Start With the Make and Model
When searching for an affordable Harley Davidson, the first factors to consider are the make and model. There are a variety of Harley models available on the market that are certified pre-owned. The model determines how much the buyer will pay to get the specific motorcycle.
For example, limited or special edition Harley’s may cost more than traditional motorcycles because they are rare and harder to find. Buyers who are trying to find a cheap motorcycle start by reviewing the current inventory.
The Current Kelley Blue Book Value
The current Kelley Blue Book value defines a base cost for the Harley Davidson motorcycle, and the buyer should review the prices in the book to determine the resale value of the motorcycles. It is recommended that they review the prices for private sales and for dealerships. It’s important to review each of the prices and determine whether the seller is offering the motorcycle at a fair and reasonable price based on its current market value. However, the current market value can fluctuate, and private sellers are not restricted in how much they can request for their Harley.
The Current Condition of the Motorcycle
The current condition of the motorcycle defines its value. When assessing the KBB value, the buyer must examine factors that depreciate the value of the motorcycle. For example, signs of rust or corrosion decrease the value of the bike. Too often, buyers do not look for fine details that indicate a problem with the motorcycle. For example, if the paint on the gas tank looks cloudy, it is because there is rust underneath the paint and the gas tank has a leak.
How Many Previous Owners
The total number of previous owners is a clear indication of how well the motorcycle was maintained. If it had less than two previous owners, it is less likely to be a lemon or has serious issues. If the motorcycle has more than four owners, it’s best to avoid it and find something else. This can also affect the price and value of the motorcycle.
Was the Motorcycle Involved in An Accident?
Buyers will want to know if the motorcycle was involved in an accident, and they can find out if the motorcycle was repaired properly. If the motorcycle was involved in several accidents, it is important to have it inspected by a professional. They will know what to look at and determine if an auto body or repair shop cut any corners when repairing the motorcycle. Inferior bodywork decreases the value and price of the bike.
Motorcycle buyers will need to complete several assessments when buying a used motorcycle. Even with a name as prestigious as Harley Davidson, the motorcycle could have some serious problems. When trying to find a fair price, buyers must consider elements such as the model, the condition of the motorcycle, and how well it runs. By reviewing the bike more thoroughly the buyer can avoid serious issues and get a sound investment.