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post #1 of 17 (permalink) Old 05-19-2008, 03:20 AM Thread Starter
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Value of 2000 RC51

Hey everyone,

Long story short, I sold my RC-51 back in July 05. Sold it for $6000. A month later, he sold it to the current owner. Well guess what? My old RC is for sale again and I'm ready to get it back. The guy wants $5800 and the price is firm. My question is... is this a fair price? I've been out of the RC market for a few years, but I'm ready to hop back in, and to me, this sounds a little high. Now for the details. The bike has 7500 miles. Moriwaki pipes, PCII, Hotbodies undertail, Puig screen, Scotts Damper, Stainless brake lines and clutch line, Corbin seat, Vortex sprockets, and a few other tidbits. Your thoughts are appreciated.
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post #2 of 17 (permalink) Old 05-19-2008, 05:13 AM
 
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Other than being sp1, if it's fine cosmetically, seems like a good price.:twocents
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post #3 of 17 (permalink) Old 05-19-2008, 05:29 AM Thread Starter
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Other than being sp1, if it's fine cosmetically, seems like a good price.:twocents
Thanks. It just seems that $5800 for an 8 yr. old bike is quite high. He says it looks the exact same as it did when he bought it. And I know when it was sold, it was in the same condition as I sold it. And when I sold it, it was flawless.
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post #4 of 17 (permalink) Old 05-19-2008, 05:51 AM
 
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Well there you go. I know I wouldn't sell mine for less no matter how old. That's the thing about RC's...:twocents
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post #5 of 17 (permalink) Old 05-19-2008, 08:05 AM
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Did it have all the aforementioned aftermarket goodies when you sold it? If it did, 5800 is an okay price. Not great or good, just okay. 5500 would be even better.
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post #6 of 17 (permalink) Old 05-19-2008, 02:28 PM Thread Starter
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Did it have all the aforementioned aftermarket goodies when you sold it? If it did, 5800 is an okay price. Not great or good, just okay. 5500 would be even better.

I did all the mods myself. The only thing that has been done to it the last 3 years I haven't owned it is a new back tire.
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post #7 of 17 (permalink) Old 05-19-2008, 03:11 PM
 
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Sounds to me like you underpriced it when you sold it.

Last edited by WhipHubley; 05-19-2008 at 03:12 PM. Reason: typo
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post #8 of 17 (permalink) Old 05-19-2008, 03:34 PM
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That sounds about right. I followed eBay and other types of sales (CycleTrader, etc) for a few months last Spring before grabbing my 2000 from eBay for $5900 last July. It had 8500 miles on it, and included hi-mount Jardines and a PC, but it's really hard to put a price on aftermarket items, as one man's junk is another man's treasure. I prefer to buy unmodified stuff, but the Jardines and the PC were right up my alley, so to me it was a good deal.

Point is, I've watched a lot of bidding for 2000-2001 bikes, and they all seem to run out of steam around $6k or so, depending on mileage and "normal" aftermarket parts. The blinged out, modified bikes are worthless, as they should be. So......I'd say that $5800 for a bike that you know, you owned, and you want....is right on target.

2000 RC51 ~ 2014 Duc Multistrada~2013 Corvette Grand Sport
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post #9 of 17 (permalink) Old 05-19-2008, 09:38 PM
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I picked up my 2000 last fall in August and it had 10,500 on the clock and came with a set of Jardine aluminum low mounts and a GPR dampner. I got it for $4,500.00, but it was pretty ruff around the edges cosmetically and needed things like tires and brakes. Also I bought it near the end of the riding season in my neck of the woods. So I think $5,800.00 isnt to bad at this time of year with that much extra on it, but it is getting awefully close to what you could get an 02/03 for with a few extras too!


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post #10 of 17 (permalink) Old 05-20-2008, 02:44 AM
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I just bought my '00 with 10K miles, Jardine CF high mounts, racing clip-ons, stainless steel brake lines, Zero Gravity tinted windscreen, adjustable rear sets, PC3, Hotbodies undertail, Scotts damper, in excellent condition for only $5,000. Plus, the owner threw in a brand new spare gas tank (with pump) and rear tail piece, plus spare brake pads.
It sounds like I got a heck of a deal, but I would have paid $5,800 for it if I had to.
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post #11 of 17 (permalink) Old 05-20-2008, 02:46 AM
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....but it is getting awefully close to what you could get an 02/03 for with a few extras too!
Oh sure, there's going to be a range of prices for SP1s from $4k (rough) to $6.5 (very nice, all mechanicals in top shape), and the same with early SP2s. Funky 04s can be worthless, no matter how many times Nicky signed the damn thing. My 2000 was in sweet shape, not rigged up or modded. Just Jardines and PC. It even had OEM turn signals (thankfully!!), instead of some squidkid's idea of LED mindglow....

But the average nice bike with average-to-lowish miles is what we're talking about. And in this particular case, it's the guy's own bike, which is what he wants to buy back at a fair dinkum price. I'd say $5.8 is a good number. Everybody wins.

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post #12 of 17 (permalink) Old 05-20-2008, 04:36 AM Thread Starter
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Thanks everyone for the advice. I was just hoping to get the price around $5k. When I sold it almost 3 years ago, many folks told me that $6k was the price to sell it for, so that's what I did. Little did I know that I may have underpriced the bike. Oh well. This is what it looked like the day I sold it.
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post #13 of 17 (permalink) Old 05-20-2008, 05:22 PM
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Makes me feel good now that I'm riding around on an RC for about $2.5K. It is in good shape mechanically now but looks like it got pulled out of sewage. I'll be addressing that shortly.

The kind of depreciation well cared for RC's have makes me want to go buy one of those crated ones as an investment.

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post #14 of 17 (permalink) Old 05-24-2008, 02:10 AM Thread Starter
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Thanks everyone for the great advice. I called the guy back today and made him an offer of $5300. He likes that offer since he's been trying to sell the bike since Feb., but he says he needs to discuss this with his dad. I am hoping to be back on the RC saddle very soon. Thanks again.
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post #15 of 17 (permalink) Old 05-24-2008, 10:04 PM
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Originally Posted by BordnBill View Post
Thanks everyone for the great advice. I called the guy back today and made him an offer of $5300. He likes that offer since he's been trying to sell the bike since Feb., but he says he needs to discuss this with his dad. I am hoping to be back on the RC saddle very soon. Thanks again.
What's his phone number? I'll offer him $5400.

2000 RC51 ~ 2014 Duc Multistrada~2013 Corvette Grand Sport
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post #16 of 17 (permalink) Old 05-25-2008, 12:49 AM
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5300 sounds like one hell of a price for a bike that looks like that. I bought my 01 for 4.5 and it's seen better days. Good luck.

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post #17 of 17 (permalink) Old 05-28-2008, 10:56 PM Thread Starter
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So I made an offer of $5300 and he countered with $5500. So with that said, I will be back on the saddle of my old love and joy by this weekend. Thanks again to everyone that gave me good advice and set me straight.
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