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Old 08-05-2010, 12:27 AM   #1
Father of Two
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Angry Craigslist Pricing Rant

I sold my Suzuki Bandit 1200 a few weeks ago and I was going to buy a cruiser but the thing got sold before I had the cash. So I've been hitting Craigslist a few times a week checking out what's for sale, within my price range (under $2000).

When I find a bike I'm interested in, I hop over to NADAGuides.com and look up the price. Then I go to eBay and look through the completed listings for the same year/make/model, and finally I search AllOfCraigs.com for pricing all across the country. I think it's only fair to get the market price of the bike before deciding if the bike is over/under priced.

So I found this Honda and the seller is asking over $2100. I sent him 4 screen caps of his same bike model, newer years (his exact year wasn't in the completed section), and all 4 bikes were a lot cleaner than this local guy. All 4 bikes were "not sold" status and bidding got up to a little over $1500 on all of them. He sent me a reply that he had some interested people coming to look at it and he wasn't going lower than $1800. Keep in mind, nothing special about this bike at all (stock everything).

So do some CL sellers just pull prices out their ? How many Honda Shadows appreciate/hold their value?? Buying that bike at $1800 is like throwing $300 out the window, unless you plan on keeping bike for a long time. And I like the way some CL sellers think their bike is the only deal around when in fact a buyer (like me) can be as patient as I want. That CL seller is going to have to deal with emails, phone calls, tire kickers, low ballers, no-shows, and just plain making time to show bike... And here I am, done my frickin' research and I'm offering him cash for the market value of his bike and he's like, "no thanks."

Am I wrong on this? My money situation is tight so I have to be wise with the way I spend. I'm not saying that I'm looking to low ball someone but it only takes 2 minutes to see the market value of bike.
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Old 08-05-2010, 12:31 AM   #2
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be patient brother... your good deal will come
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Old 08-05-2010, 12:40 AM   #3
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be patient brother... your good deal will come
Thanks Landon05, I appreciate those words! I guess I'm just upset because I have cash in hand and I'm offering market value (taking into consideration any upgrades). So I'm not trying to lowball a seller, that's why I always send screen captures of the prices I find. Of course the seller doesn't see it that way... How much "evidence" does a buyer have to present to a seller before the seller is convinced their prices are too high??
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Old 08-05-2010, 12:50 AM   #4
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Every seller is different; A lot of times some sellers are "just testing the waters" and not really sure if they want to sell or not so they tend to be hesitant. Some sellers dont have to sell and may be looking to upgrade and waiting to find the other bike they looking to get. Thats why you have to be patient even with cash in hand and watch what type of deals you come across
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Old 08-05-2010, 02:53 AM   #5
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It is kinda frustrating but still, that's just universal. You selling... you want the highest price possible. You buying, you want the lowest price possible. Emailing someone screen shots of cheaper bikes is kinda passive aggressive. If someone emailed me I'd be like, "Yeah so what, you buddy, then go buy that cheaper bike and quit hassling me!" NADA values and Ebay are good indicators of a bike's general worth, but no match for the owner's perception.

I've got an '06 gixxer with 7k miles, bone stock that I think is worth $10k, while anyone else will tell you gixxers are a dime a dozen. Like Landon said... patience is your friend. Good luck!
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Old 08-05-2010, 05:21 AM   #6
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also consider the demand for a $2k bike, i bet there's a lot vs a $9k bike or a $13k bike.
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Old 08-05-2010, 07:15 AM   #7
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[QUOTE=Helios;2609133] If someone emailed me I'd be like, "Yeah so what, you buddy, then go buy that cheaper bike and quit hassling me!" QUOTE]

A item is worth exactly what someone is willing to pay and not a penny more.

If you "want" something that someone is selling you place a value on it,
let them know you are willing to pay it in cash right now. They will either
consider if fair or not. If not, hounding them is just being a ...

Somebody does that to me I'll give it away to someone else before I
will sell it to them on principle.

Just saying...
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Old 08-05-2010, 07:19 AM   #8
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I hate when I'm cheap and people want more money than I wanna pay.LOL
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Old 08-05-2010, 07:26 AM   #9
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you are way wrong, pricing doesnt hold true for the whole country, and if I was selling the bike and you sent me pictures showing some are cheaper and cleaner, I would tell you to go get 'em. either buy his for his asking price, negotiate a better price in person with cash in hand, or keep looking. simple
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Old 08-05-2010, 07:29 AM   #10
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Quote:
Originally Posted by Father of Two View Post
Thanks Landon05, I appreciate those words! I guess I'm just upset because I have cash in hand and I'm offering market value (taking into consideration any upgrades). So I'm not trying to lowball a seller, that's why I always send screen captures of the prices I find. Of course the seller doesn't see it that way... How much "evidence" does a buyer have to present to a seller before the seller is convinced their prices are too high??
the items value is mainly based on what the seller thinks its worth and what the buyer is willing to pay. make an offer, if he says no, move on.
You trying to convince a seller you are at the market price and he should take it is humorous.
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Old 08-05-2010, 07:33 AM   #11
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Quote:
Originally Posted by ScooterTrash View Post
the items value is mainly based on what the seller thinks its worth and what the buyer is willing to pay. make an offer, if he says no, move on.
You trying to convince a seller you are at the market price and he should take it is humorous.
+1

Summer time is coming to an end and all the weekend riders will be looking to get rid of their bikes. Especially during the winter months. You can find some amazing deals.

Just wait buddy.
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Old 08-05-2010, 08:03 AM   #12
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Quote:
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you are way wrong, pricing doesnt hold true for the whole country, and if I was selling the bike and you sent me pictures showing some are cheaper and cleaner, I would tell you to go get 'em. either buy his for his asking price, negotiate a better price in person with cash in hand, or keep looking. simple
+1
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Old 08-05-2010, 08:08 AM   #13
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if you want to bring a guys p[rice down go look at the bike, find flaws, problems or other items on that bike that make it less valuable. make a connection with the seller, he may like you and be willing to come down some.
sending a list of other bikes and telling him he is asking too much is a great way to the seller off.
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Old 08-05-2010, 08:11 AM   #14
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After the BS email I would raise my price 1000.00
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Old 08-05-2010, 08:20 AM   #15
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It is up to the seller to decide what it is worth to sell his motorcycle. Not up to the buyer. The price you put on something when selling is the price around where you feel it is "WORTH" giving up your item. Not what someone else thinks it is worth buying. An example, my VFR I can find all day long for $3500-$3800 right now. There is no way in I would sell it for that. I wouldn't take any less than $4k. Period. But I'm not hurting for money so I would stick to my guns no matter how many examples were shown to me.
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Old 08-05-2010, 08:40 AM   #16
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Theres always going to be people who are willing to pay more, just like you can always find a better deal. It requires patients on both ends.

Just make an offer and move on. Its always best to make a cash offer in person. People tend to stick to their guns through email/phone, but when they actually SEE the CASH, its a different story. Especially, if its a reasonable offer.
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Old 08-05-2010, 09:12 AM   #17
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Thanks everyone for your feedback and criticism. Lots of excellent points brought up. Just to clear 1 point up though: I only pull up the eBay completed listings, the bikes that have either sold or had bids placed on them. I used to do a little eBay selling at one point and used Terapeak.com religiously so maybe that's why I do a price comparison.

The other thing you guys made me realize is the price point I'm at. There is a definite difference between a buyer with $2k to spend and one with $10k to spend. I do have a difference of opinion as far as motorcycle values across the country though. All things being equal (summer time coast to coast, it's hot out, school's out of session, etc) there isn't much of a difference in a bikes value. Of course when it starts turning cold up north, we're still happy campers here with nice weather... I think pricing comparison's a affected a bit more. And I realize that a $5k snow machine up north in winter won't fetch too much if being sold in Brownsville, TX.

Just for the record, I'm not saying to lowball a seller by any means.
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Old 08-05-2010, 09:18 AM   #18
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You should also take into consideration regions. Some areas have more people out of work or tighter with money. City to city its gonna be different. Some areas have more people in a bind.
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Old 08-05-2010, 09:21 AM   #19
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You should also take into consideration regions. Some areas have more people out of work or tighter with money. City to city its gonna be different. Some areas have more people in a bind.
You're right, different parts of country have been hit harder than others. It amazes me how many people keep moving to Houston from around the country because our job market is one of the best. No offense to anyone out of work here in though... :(
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Old 08-05-2010, 09:23 AM   #20
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I just became out of work this AM.lol
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