Finally getting my first bike! Tips will be greatly appreciated!

[badandy]

I am looking at getting back into riding after a 5 year hiatus.  The gs500f is a perfect blend of what I would use a motorcycle for.  Here is what I have found out after looking at several bikes already.

The newest model (2009 in the US) is not worth much more than $2,900 so earlier models would be less.  It doesn't matter if it is farkled out and has aftermarket exhaust, carb work, windshield, etc.  The seller usually wants to get his money back, but it really doesn't increase the overall value of it.

The gs500 is aimed at entry level riders so expect a not so perfect bike.  Hence the value must be taken into consideration vs the overall condition of the bike.  There will definately be scuffs, cracks, dents, etc. from someone who's first bike was the gs500.

If the previous owner is young stay away from that one.  It probably doesn't go fast enough for them anymore and they pushed the bike to its limits more often than not.  Not to mention being short on maintenance.  I know because I was young once.

Stay away from dealers.  The mark up on these bikes at a dealer is almost twice what it is worth.  They will soak you buying a used bike off of them.  It is nice to be able to talk with the owner about the bike vs listening to the dealer's schmoozing.

Mileage is a concern if it is excessive.  Brakes, tires, chain/sprockets need to be looked at for wear/replacement.  Makes a good negotiating topic as well.  Valve adjustment is critical for proper performance as well as preventing damage to the engine.  Verify valve adjustments if possible.  Average mileage in my area seems to run around 3-5k/year.

I am still looking for a decent one here for what I want to pay.  Patience is a virtue.