What to pay for that new or used motorcycle you are looking at?

Determiningan accurate value when ready to purchase a new or used motorcycle can be a challenge. Brand new motorcycles typically have a set values, dictated by the manufacturer. Used motorcycles combine many variables
when calculating their true worth. Here are a few typical things that drive a motorcycle's value:

Year, make, and model
As you may know, new motorcycles have a much higher price tag compared to older versions. But many rare or customized Harley-Davidsons, custom choppers, specialty bikes, and antiques are exceptions to this rule. Their worth increases over time.

Style of motorcycle
Different types of new or used motorcycles carry different prices. Cruisers, sport bikes, dirt bikes, and custom choppers are the general categories and should only be compared within each own genre.


Engine size
The bigger the engine, the bigger thr price. This fact also impacts your insurance cost, no matter what the type of motorcycle. A fast sport bike is looked at like a fast sports car. Expect insurance companies to want more monry to insure it. I guess they assume you'll be driving fast (You? Never).

Overall mileage
High mileage on a used motorcycle isn't as big an issue as with automobiles. That's because motorcyles has greater engine durability. But check to see how well the original owner of that used motocycle maintained the bike, and ask to see his service records.

Physical condition
Scratches and dings are common on most used motorcycles, used Harley’s or custom chops. The overall appearance and amount of damage is what is important. This is usually very obvious. Give that used motorcycle a good once over to see how well it has been cared for.

Market conditions
Our economy affects new and used motorcycle values, especially with gas prices sky-rocketing. Lately, most used motorcycles have gone up in price due to high demand, the time of year and gas prices.You'll find that typically, used motorcycles sell for more in spring or summer. Try to buy in the winter time, and sell right before the spring to get the best deals.

Demographics
New & used motorcycles can be priced higher in some parts of the country because of a state's climate and traffic patterns. Do your homework, research and plan on what kind of new or used motorcycle to buy. Proper due diligence is important for your safety and for your bottom line.