Do repairs to my motorcycle before selling get me more money in the long run?
silentv asked:
I am planning on selling my motorcycle this spring but I am unsure if I should replace the rear tire, sprockets and chain before doing so. This would cost me about $500, would I see this money back in my final selling price? I have a 02 Kawasaki ZR7S if it makes any difference. Thanks.
I am planning on getting something newer, hopefully an 05/06/07 GSX, CBR, or ZX6R. Just depends on the price I find.
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I am planning on selling my motorcycle this spring but I am unsure if I should replace the rear tire, sprockets and chain before doing so. This would cost me about $500, would I see this money back in my final selling price? I have a 02 Kawasaki ZR7S if it makes any difference. Thanks.
I am planning on getting something newer, hopefully an 05/06/07 GSX, CBR, or ZX6R. Just depends on the price I find.
Disc Jockey Equipment
6 Responses to “Do repairs to my motorcycle before selling get me more money in the long run?”
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Probably changing the tire will help, but other than that, I wouldn’t spend the money. You can get your money out of a tire, but with the sprocket and chain, I wouldn’t bother.
Last minute repairs typically won’t help the resale value of a bike unless it’s just a basket case. If the items in question are obviously worn out then yes, this may help but if they are still in decent condition I don’t think you’ll get enough of a boost in value to offset the money you’ll spend.
Forget the repairs. Spend a little time giving it a good wash and wax. It will be time well invested.
The tire maybe. Unless the bike isn’t running, other repairs probably wont make much difference.
The more important question is – what bike are you gonna get to replace it??? ;-D
I wouldn’t bother,if they don’t notice it then don’t say nothing.
I don’t think so. I sold a bike of mine last week. The bike was 24 years old. There were numerous mechanical repairs needed. However, the physical condition was excellent. I went back and forth on whether to make the repairs or not. I decided that if I made all the repairs I would have to ask a much higher price to cover my costs and probably price myself out of the market. I ended up selling it as it was, but I made a list of everything that I knew needed attention and gave it to the buyer. He had no problem making the repairs, he got a good deal and I didn’t have to spend numerous weekends making repairs and buying parts. It worked out best for both of us. Had I made the repairs, I would have netted about the same once I subtracted the cost of repairs. Why do all that work and end up with the same amount of cash in your wallet?