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Old 03-18-2011, 08:57 PM   #1
Santiaghoul
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Better to sell or trade in?

I have a '05 Yamaha FZ6 with 44,000 miles on it. Yeah, I ride it a lot. Bike is in good shape, garage kept, never been dropped but after five years it is certainly not new.

Now, Im wanting to replace it with a new bike. Anyone have some advice on what works out better financially? Selling it myself and using the money as a down payment or trading it in to the dealership?
Thanks!
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Old 03-18-2011, 09:04 PM   #2
bluewave18
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I would never trade a bike. You can almost always sell for more than trade value on any vehicle
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Old 03-18-2011, 09:06 PM   #3
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sell
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Old 03-18-2011, 09:51 PM   #4
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sell yourself...
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Old 03-18-2011, 10:10 PM   #5
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The advantage to selling it yourself is that you will get more money for it.
The advantages to trading it in are, they do all the paperwork, they have the hassle of selling it and you can get your new ride without waiting for your old one to sell.

Financially the best way is selling it, but YOU have to do all the work, i.e. put out ads, have people come look at it, transfer title, etc.
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Old 03-22-2011, 08:01 PM   #6
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Quote:
Originally Posted by bumblebee View Post
The advantage to selling it yourself is that you will get more money for it.
The advantages to trading it in are, they do all the paperwork, they have the hassle of selling it and you can get your new ride without waiting for your old one to sell.

Financially the best way is selling it, but YOU have to do all the work, i.e. put out ads, have people come look at it, transfer title, etc.
Agreed on getting more selling outright. The only other advantage to trading it in (a small one) is that you only pay tax on trade difference, rather than paying full tax on the selling price.
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Old 03-22-2011, 08:29 PM   #7
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Quote:
Originally Posted by bumblebee View Post
The advantage to selling it yourself is that you will get more money for it.
The advantages to trading it in are, they do all the paperwork, they have the hassle of selling it and you can get your new ride without waiting for your old one to sell.

Financially the best way is selling it, but YOU have to do all the work, i.e. put out ads, have people come look at it, transfer title, etc.
Bingo!
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Old 03-22-2011, 10:13 PM   #8
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Old 03-22-2011, 10:18 PM   #9
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how much you want for it?
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Old 03-22-2011, 10:30 PM   #10
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IMO, if you can sell it on your own, that would be your best bet.
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Old 03-22-2011, 10:39 PM   #11
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deadfred, your signature makes me rofl
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Old 03-22-2011, 10:50 PM   #12
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deadfred, your signature makes me rofl
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Old 03-22-2011, 11:10 PM   #13
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Sell it yourself or you could make into a track bike
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Old 03-22-2011, 11:20 PM   #14
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Ya a stealership wont give you poo for that bike. Def sell on your own.
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Old 03-23-2011, 12:10 AM   #15
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deff sell, trade in you always get way less.... our bmw a dealership wants to give 9 for and they will sell it for 20. private party is 17.
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