Need some advice/insight

[Osoreru]

Well fellas, I've fallen on some rather hard times. Not going to go into many details, but I may end up having to either sell or trade my bike to get a reliable cage. My current car is in rough shape, and I've got to replace it, but my job situation is probably not going to leave me with the money to afford my motorcycle payment and the car payment at once. There's a chance I may get a new career in the next few months, and if that happens, I'll be fine, but I've got to keep my options open at this point.

So my question is this: My bike is a 2011 6R, I've put about 2200 miles on it, it still has a 3 year dealer warranty/maintenance agreement (transferable to new owner, take the bike to the dealer, and all maintenance is already paid for) as well as factory warranty, and is in great condition of course. What can I reasonably expect to get for it from both outright selling it, and trading it in on a car?

 

[leprecaun jon]

can you trade a bike for a car? i didnt think that was even possible.... any dealer.. "stealership" is going to rip you off.... you may be able to get mid 6's to high 5's with low milage and your warranty...but then again i could be wrong... check kelly blue book, they do bikes too


edit: for my zip your trade in would be close to 4k your sale would be 6k even...according to kbb

 

[Osoreru]

can you trade a bike for a car? i didnt think that was even possible.... any dealer.. "stealership" is going to rip you off.... you may be able to get mid 6's to high 5's with low milage and your warranty...but then again i could be wrong... check kelly blue book, they do bikes too


edit: for my zip your trade in would be close to 4k your sale would be 6k even...according to kbb

Yea, when I went looking for cars the other day, I was riding the bike because my car is in the shop still. The dealers offered to trade on the bike, but wouldn't give me an actual value. I know they'll do their best to rip me off, but I just wanted to get opinions on it from all the people here who know a lot more than I do.

 

[Detrich]

If u want to be financially up top, sell the bike privately. Then, use the money as a down payment on a car...

 

[leprecaun jon]

^---- good advice.... 6k could get you a toyota yaris with low miles!! i got mine for 11,500 OTD 25k on the odom 31mpg average according to fuelly

they made me finance 7,500...

 

[Jago9]

If you're in a financial bind, sell it yourself and get way more cash and use the cash as a down payment. Cash always has better leverage than a trade in. Also if you need to keep your payments low and don't drive a ton, you may want to look into leasing a vehicle. It's cheaper in the short term, as they don't require as much down and your payments are lower than an outright purchase. Just an option for right now.

Yaris!!! oh man my insurance company stuck me with one of those last month when my car was hit. By the time it hits highway speeds, I am already getting off on my exit.

Wow!! no words, but great on gas!

 

[leprecaun jon]

If you're in a financial bind, sell it yourself and get way more cash and use the cash as a down payment. Cash always has better leverage than a trade in. Also if you need to keep your payments low and don't drive a ton, you may want to look into leasing a vehicle. It's cheaper in the short term, as they don't require as much down and your payments are lower than an outright purchase. Just an option for right now.

Yaris!!! oh man my insurance company stuck me with one of those last month when my car was hit. By the time it hits highway speeds, I am already getting off on my exit.

Wow!! no words, but great on gas!

hey man... mine has a110 hp... my camry had 136 and to be honest my yaris feels like it has about the same amount of power... i can get to 80 pretty quick in that car... but once you hit 80 since its a 4 speed it just kind hums a long ive had mine up to about 105 being stupid takes a bit but she will get there.... at least they are reliable, fuel efficient, in expensive to maintain and keep the speeding tickets away...you can make them fast... it costs about 3k more though... (bolt on blitz supercharger)


-----^ not that that is what you want... generally you dont buy a yaris because you want fast... you buy it for the reliable, fuel efficient,inexpensive....and as long as your not caught doing 105....no speeding tickets my only complaint is that i cant haul a motorcycle with it haha...and the tires i have on my car are noisy but thats because there on 17in rims and are continentals... not the Michelins i want

 

[roadrat]

Check out this site N.A.D.A. Home Page. You can check the value of your bike specific to your zip code for free.

Here's the listing for mine.

2011 Yamaha FZ6RAB/C RAVEN - 600cc Standard Equipment, Prices & Specs - NADAguides

 

[Blue-Sun]

The company, I work for, was in need of a vehicle. I found a Honda Accord lease for $200/month. There was a sportier version coupe Accord for $240/month. You do have to watch how many miles you put on a lease vehicle and thoroughly read the lease to make sure you know what you are getting into, but in some cases a leased vehicle can "bridge" the gap in a vehicle dilemma.

 

[Jago9]

of course no one buys a Yaris for speed, they are very economical.
and in case you didn't know "I was just Messing with you Man!"

 

[Osoreru]

The company, I work for, was in need of a vehicle. I found a Honda Accord lease for $200/month. There was a sportier version coupe Accord for $240/month. You do have to watch how many miles you put on a lease vehicle and thoroughly read the lease to make sure you know what you are getting into, but in some cases a leased vehicle can "bridge" the gap in a vehicle dilemma.

This is why I'm leery of leasing. Most of the mileage limits I've come across are, in general, not going to work well for me. I put a lot of miles on a vehicle, and I'd be cutting it really close.

Thanks to everybody for the help. I really hope I don't have to get rid of this bike, but sometimes necessity dictates otherwise. Guess we'll know in a couple of months.

 

[anson650]

If you like the bike at all, keep it. You are going to lose a lot of money selling it unless you are one lucky guy. Unless your wife/ gf demands that you sell it, then I say KEEP IT. I just dumped a lot of money into an old car, but in the end it was NOT 60 car payments.
Anson

 

[BrueThru]

If times are hard...there is an option...(the younger kids won't get this)

Fred Garvin

At least keep your sence of humor. :thumbup:

 

[See red]

I may sell my family car..... lol..... You may not want it though. I also require 11k to THINK about it.... ok..... that's over. LOL! I picked up a winter beater for 300 bucks, a villager, it has 180k on the odo. and runs like a horse on fire! ( that would be strong as hell) It is not always what you pay, but how and what you choose. I can promise this thing will go 275k. I will use it till then. Best of luck though.


Let me know if you want help finding a car.

 

[leprecaun jon]

of course no one buys a Yaris for speed, they are very economical.
and in case you didn't know "I was just Messing with you Man!"

hahaha i know... im a good sport..but the internet some times...:zombie: what people say makes it impersonal some times

 

[MiltonDorkenhoff]

Check out this site N.A.D.A. Home Page. You can check the value of your bike specific to your zip code for free.

Here's the listing for mine.

2011 Yamaha FZ6RAB/C RAVEN - 600cc Standard Equipment, Prices & Specs - NADAguides

Did I miss something - I didn't see anyplace to put in the condition of the bike, the miles, etc

 

[Osoreru]

If you like the bike at all, keep it. You are going to lose a lot of money selling it unless you are one lucky guy. Unless your wife/ gf demands that you sell it, then I say KEEP IT. I just dumped a lot of money into an old car, but in the end it was NOT 60 car payments.
Anson

I somewhat agree with this, but I've been having a lot of trouble getting my old car fixed. Which is odd, it's a '96 Accord, you would think it would be absolutely no trouble to get parts and such, but its been a nightmare. Also, the mechanics I've taken it to so far have done nothing but try to rip me off and do shoddy work. I really wish I could do all the work myself, but alas, no such luck.

I'm just getting sick of pouring money into this car, that's all. Unless any of you know of a mechanic in alabama who can get this thing back into actual good condition for me (for reasonable prices).

 

[leprecaun jon]

I somewhat agree with this, but I've been having a lot of trouble getting my old car fixed. Which is odd, it's a '96 Accord, you would think it would be absolutely no trouble to get parts and such, but its been a nightmare. Also, the mechanics I've taken it to so far have done nothing but try to rip me off and do shoddy work. I really wish I could do all the work myself, but alas, no such luck.

I'm just getting sick of pouring money into this car, that's all. Unless any of you know of a mechanic in alabama who can get this thing back into actual good condition for me (for reasonable prices).

thats exactly why i got my yaris :/ of course i was too late... i had dumped 10k or so into my camry trying to keep her on the road and in the end the transmission blew.... i was just sick and tired of fixing shit....so i got the yaris i regret putting the money into the camry... but i was young didnt know what i was doing so i asked my dad for advice and he said to go ahead and do it.. so i did.... hindsight is 20/20....i wish i would made it drive able sold it then bought a yaris back then!

 

[Osoreru]

i wish i would made it drive able sold it then bought a yaris back then!

This is exactly my plan. I'm getting the transmission and clutch replaced right now (for the third time in 4 years thanks to getting cheap as hell used transmissions). Then I'm going to sell it, and hopefully between selling the car and getting tax returns I'll have enough of a down payment without selling my bike.

 

[Blue-Sun]

This is exactly my plan. I'm getting the transmission and clutch replaced right now (for the third time in 4 years thanks to getting cheap as hell used transmissions). Then I'm going to sell it, and hopefully between selling the car and getting tax returns I'll have enough of a down payment without selling my bike.

I was at a cross-roads about two years ago, with my Honda CRX, it had 214,000 miles on it and my mechanic had a "heart to heart" with me about pouring more money into it. It was time to just "junk it". I was glad my mechanic was honest with me and helped me say good bye to a car I had owned 20 years.