Motorcyclist Lifestyle

  • Home
  • Helmets
    • Best Motorcycle Helmets
    • Modular Helmets
    • Full-Face Helmets
    • Open-Face Helmets
    • Half-Face Helmets
    • Dirt Bike Helmets
    • Adventure Helmets
    • Women’s Helmets
    • Youth & Kids Helmets
  • Jackets
    • Best Motorcycle Jackets
    • Adventure Jackets
    • Leather Jackets
    • Mesh Jackets
    • Textile Jackets
  • Gear
    • Motorcycle Gloves
    • Motorcycle Pants
    • Motorcycle Boots
    • Women’s Riding Boots
  • Accessories
    • Motorcycle Backpacks
    • Motorcycle Bluetooth
    • Motorcycle Helmet Cameras
    • Motorcycle Phone Mounts
  • Tools
    • Motorcycle Locks
    • Motorcycle Covers
    • Mototcycle Lifts & Stands
    • Motorcycle Hitch Carriers
  • Bike Care
    • Motorcycle Oils
    • Motorcycle Chain Lubes
    • Motorcycle Batteries
    • Motorcycle Battery Chargers
  • Tips & Training
    • How to Charge Battery
    • How to Hotwire Motorcycle
    • How to Handle Heavy Bike
    • Motorcycle Weight Guide
  • About

Factors Affecting Motorcycle Resale Value

2021-01-06T02:57:59+00:00Update: 2021-01-06 2021-01-06T02:57:59+00:00 by Tom - No Comments

Factors Affecting Motorcycle Resale Value

Have you ever considered why the resale value of your motorcycle is less than a bike that is older than yours?

Your bike model is newer but still, the resale value is not what you expected. Well, it is true. You are not the only one who is worried about the resale value of bikes; there are many others who are facing the same problem.

That’s why we are here today, to explain why this is happening to you? Because, there are several factors that affect your motorcycle resale value, some of which you can control and some you can’t. So, without wasting any more time, let’s learn about these factors and understand the reason behind this.

The Age of Your Bike

The longer you’ve used your bike, the higher the chances of wear and tear. In simple words, after several years, a motorcycle has suffered through a lot and maybe has started showing signs of rust, loose electrical connections & wires, and worn-out parts, all of which affect the resale value of your motorcycle.

Moreover, the new bikes that are designed with modern technology and have an advanced measure of safety will attract buyers toward them more than toward your motorcycle. On top of that, the probability of the availability of aftermarket components for old bikes is very low. So, the resale value also varies with the availability of aftermarket components.

The only thing you can do is to maintain your motorcycle in the best condition you possibly can. Always maintain your motorcycle in good condition. If you have any problem at all, then repair it as soon as possible. This is the only way to increase the resale value of older motorcycles.

See Also: How to Sell Your Motorcycle? – An Ultimate Guide

Book Price

The book price also called the industry-accepted price is determined by many factors. One of them is outstanding finance.

Others are –

  1. Is your motorcycle imported or not? Because if it is, then it will affect the book price.
  2. If you have changed the license plate of your motorcycle, then consider this as a bad sign and stop expecting a higher book price because a changed plate indicates license disqualification.
  3. Any history of stolen complaints or new paint to hide body damage from a crash.

Modifications

We all know that modifications to motorcycles are of two types. Design modification and performance modification.

For a time, the customer can understand the reason for a design modification. But, a performance modification will surely reduce its resale value. Plus, it is illegal in certain regions. When a customer learns about your modifications, the only thing the customer thinks about is that this bike has been treated harshly.

Demand

Yes, it is as simple as it sounds. If your bike is a limited edition and very popular among current motorcyclists, then you will get a good sale value, maybe as much as a good showroom price. But if it isn’t, then you can’t do anything about it. No matter, how well you have taken care of it or how good its condition is.

I hope you now understand some of the factors that highly affect the resale value of your motorcycle and you give some thought to these factors in the future when you decide to sell your bike.

[Total: 1   Average: 5/5]

Filed Under: General Info, Tips & Training

Shoei RF-1400 Motorcycle Helmet Review

Shoei RF-1400 Helmet Review 2021

After the huge success of the RF-1200, Shoei has finally pulled the trigger and released a new version of this fantastic motorcycle helmet. The RF-1400 is Shoei's new flagship in the full-face helmets category and it is supposed to be even better than its predecessor. This … [Read More...]

Best Motorcycle Battery Chargers Review

Top 6 Best Motorcycle Battery Chargers Review 2021

Have you ever experienced that situation when you were planning to ride your motorcycle only to find out the battery was completely empty? There is nothing worse than being unable to ride because of a discharged motorcycle battery, especially when it can easily be … [Read More...]

Best Motorcycle Helmet Cameras Review

Top 6 Best Motorcycle Helmet Cameras Review 2021

We have already reviewed some of the popular motorcycle riding accessories such as Bluetooth headsets and phone mounts. But, there was still one type of gadget missing on our website and it is a motorcycle helmet camera. If you are a real motorcycle enthusiast and you would like … [Read More...]

Best Motorcycle Half Helmets Review

Top 6 Best Motorcycle Half Helmets Review 2021

You may already be familiar with full-face helmets and 3/4 open-face helmets. They are both very popular types of motorcycle safety helmets, but they both lack the low weight and compactness of half-face helmets. That's right, if you are looking for the lightest and smallest … [Read More...]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What Are You Looking For?

Top 5 Most Popular Reviews

  • Best Motorcycle Helmets 2021
  • Best Motorcycle Jackets 2021
  • Best Motorcycle Boots 2021
  • Best Motorcycle Gloves 2021
  • Best Bluetooth Headsets 2021

Table of Article Contents

  • The Age of Your Bike
  • Book Price
  • Modifications
  • Demand

MotorcyclistLifestyle.com

Amazon Associates Program Disclosure

Motorcyclist Lifestyle is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com website. Amazon logo is a trademark of Amazon.com, Inc. or its affiliates.

All Rights Reserved © 2016-2021. Powered by Wordpress.

  • About Us Page
  • Contact Us
  • Privacy Policy
  • Affiliate Disclosure
  • Top 100 Blogs