Unofficial Royal Enfield Community Forum

Royal Enfield Motorcycles => Bullet Iron Barrel => Topic started by: ZoomZoom on January 20, 2013, 09:37:55 pm

Title: Fair Price
Post by: ZoomZoom on January 20, 2013, 09:37:55 pm
I'm planning to sell my 2005 Bullet 500 sometime in the spring.  It only has 2400 miles on it with the following upgrades:
Front Engine Bars - $75
Rear Side Guards - $40
Retro Turn Signals (Front and Back) - $50
Tombstone Taillight - $50
Ribbed Alloy Tappet Cover w/ Matching Wingnut - $30
Gran Tourismo Grips - $10 (includes extra set of white grips)
Oval Reto Mirror - $15
Rear Oval Chrome Fender Rack - $50
Battery Relocation Kit - $80
Front Number Plate w/ Gold Logo Decals - $35
Solo Tractor Style Seat - $250
4” Torsion Seat Springs - $25 (Includes 6” regular springs)
Cocktail Shaker Pipes - $275
K&N Conical Performance Air Filter - $35
Pillion Seat - $110

What is a good starting proce to ask for it?  I was thinking $4500, but wanted to get feedback if that seemesd too high.

Thanks in advance!
Title: Re: Fair Price
Post by: REpozer on January 20, 2013, 11:42:48 pm
For me...$499 plus free shipping. ;)

Someone else, if clean and rust free, probably a good starting point.
You can always lower the price during negotiations , can't raise it. Also depends on how fast you need to move her.
Title: Re: Fair Price
Post by: AgentX on January 21, 2013, 02:04:49 am
Just as a word of caution, to most buyers, cosmetic alterations generally don't raise the worth of the bike much over a stock one.  You might get lucky and find the buyer who falls in love with your bike in comparison with all the other Enfields out there, and just has to have that bike, but in most cases, the kinds of things we tend to do in order to make a vehicle "ours" don't result in a much-increased value to most buyers.  It can be a bitter pill to swallow.

The low mileage and general condition are bigger points of value IMHO than the various bits you've installed.
Title: Re: Fair Price
Post by: Arizoni on January 21, 2013, 03:41:05 am
Right you are AgentX.

The add on's  may be the thing that 'makes' or 'breaks' the decision to buy one bike over another but they seldom will recoup the money spent on them.
Whether one likes or dislikes an add on is such a personal thing it's impossible to know how a stranger will react to them.

Show me new tires, service records showing all services done on time, low mileage or a new chain.
These are things that can raise the value and the price.
Title: Re: Fair Price
Post by: edthetermite on January 22, 2013, 02:36:02 am
Other than the air filter and pipes everything is cosmetic. Engine enhancements are more attractive to a buyer than mere "bling."
The bike is 8 years old w/ low miles: $3500 - $3800 is more realistic IMO.
Title: Re: Fair Price
Post by: cafeman on January 22, 2013, 03:02:27 am
Figure your price with all the add-ons, then come to the realization that nobody is going to pay that much.  >:( unless they really gotta have it, or it has much of what they'd put on a stock one .....I'd try and get an average from the various Bullets for sale that are similar to yours as best possible, first delete the highest and lowest priced ones and then come up with an average. But, if there's others for sale nearby, and their price's are close to the average, set your price a little below their's and get the sale! Works for popular vehicles, at least it has for me :)
Title: Re: Fair Price
Post by: Mike_D on January 22, 2013, 10:24:38 pm
Looking around it seems that Bullets vary greatly in price.  When I was looking to buy, my highpoint was around $3K.  I felt that since I lived in the New York area 3K was a reasonable price to pay - it seems to me that in less populated places they run cheaper $1500 to $2500 range.  Things that would have made me pay more: carb upgrade, chain upgrade, exhaust upgrade, right side shift, electronic ignition etc.  Cosmetics are nice but tastes vary person to person.  IMO 4500 is just too high.  That's not to say that you wont find someone who will pay that though.
Title: Re: Fair Price
Post by: AgentX on January 23, 2013, 01:32:27 am
Engine enhancements are more attractive to a buyer than mere "bling."

Depending on the who and the what of the "enhancement..."
Title: Re: Fair Price
Post by: ZoomZoom on January 27, 2013, 12:58:46 pm
Thanks everyone.  All good input.  I know I won't get my asking price, just curious about a starting point and wanted various opinions.  Thanks!
Title: Re: Fair Price
Post by: ERC on January 27, 2013, 01:24:28 pm
I just purchased a 2008 Military 5000 mi on it running and all original for $2000.00.   ERC
Title: Re: Fair Price
Post by: edthetermite on January 27, 2013, 08:41:47 pm
I just purchased a 2008 Military 5000 mi on it running and all original for $2000.00.   ERC

You couldn't get the cash out of your pocket fast enough on that one!!  ;D