Join Date: Dec 2011
Location: stamford, ct, usa
Buying a bike
Greetings to all;
This is my first post and after spending a couple of months researching and reading about BMW's, I have decided to pull the trigger and buy a BMW. I have been bikeless for 5 years and it is time to rejoin the ranks.
I am grateful to the memebers that have been very informative about so many topics. I have not made a choice yet, nor even ridden a BMW, but this is my direction, whether it be a RT,RS or GT. Those are my choices.
My question, one of many to come, is that I have finding the values of used BMW's all over the board. I have and always used Kelly Blue Book, since this is what seems to be used by finance companies and insurance companies. NADA is used by dealers and at a higher valuation of the bikes. The Black Book valuation I have no access to that. It appears that most people selling bikes are using the high end of the retail value and no where close to the trade in value, even taking upgrades into consideration. Yes, we all want the most money from the sell and we the buyers want to pay the least or feel like we have gotten a good deal.
What valuation process have you memebers used in purchasing a used BMW, or ay other bike? It just seems strange to have a starting point several thousand dollars apart, even icluding upgrades which we all know depreciate.
Sellers like NADA, buyers KBB and there has to be a middle ground.
Your thoughts and advice would be appreciated.
Since I live in Connecticut, our riding season is coming to an end, though I did play golf today, I will be looking and buying a bike and hope to meet up with you all in the spring.
Thanks to All.