Value???

[dlighthill]

My dad just stopped riding and gave me his GL1500. So, I was wondering if my asking price my be too high for my GS.
Spec:
1990 GS500
13,670 mi
'89 clip ons
fresh paint (last year)
K&N pod filter
V&H full exhaust
Seargent seat
Progressive springs(front)
SS lines front & back
gas tank relined last year
gas lines, breaks, tires, battery, chain - all replaced last year (about 300 mi on all)
reject for air filter and exhaust
Buddha front-end brace
Windscreen
integrated mirrors
asking $1500. is this too much?

[pandymai]

my own rule of thumb when buying/selling things: think about what you are willing to let it go for, then tack on another few hundred. so lets say you want no less than 1500, list it for 1800 or 1900 and see if anyone's interested. from experience, everyone expects to pay hundreds less than list price so you might as well work your way up.

it's hard to put value to something. value is what someone else is willing to pay for it. just be honest about the sale and see what people come up

[romulux]

I wouldn't buy a 1990 GS500 for $1500, especially with extensive modifications.  Some people love mods so they wouldn't mind paying for that.  I'd rather buy a stock machine especially if it's older.

I bought my 2001 model with 10k miles for $1500 last fall.

Someone else might jump at your bike for $1500, though.

[burning1]

Tastefully installed mods aren't worth anything, unless they are extremely high value/high demand parts, such as aftermarket ($2000+) rims, high end after-market suspension components, etc. Even then, they are worth half as much as if you removed them from the bike and sold them separately.

For low value stuff, the mods either have a neutral worth (if installed properly, and if OEM stuff is provided as part of the deal) or negative worth if the OEM stuff is gone, they were installed poorly, or if they are 'individual taste' items, such as turn-signals.

Up to date service items add a little value, but not enough to ofset their cost. Having a fresh battery or fresh tires helps.