JGroves
Oct 2nd, 2006, 4:33 pm
I am considering the purchase of a used '05 R1200GS-ABS. It's an Iron Butt cycle, almost 80k miles in 2 years. It looks to be in decent shape, well maintained and all that.
I'm having a hard time coming up with an offer. I've seen some good looking, low mileage examples listed in the mid $12k range. The bike has several accessories (inc. BMW expandable cases) and almost 4 years left on an unlimited mileage warranty (this is transferrable, right?).
I don't "deal" with bikes often, so I have little experience in terms of judging what "fair value" would be. I expect a decent drop in value due to the high mileage, but... I'm thinking around $8k??? Am I way off?
I'm having a hard time coming up with an offer. I've seen some good looking, low mileage examples listed in the mid $12k range. The bike has several accessories (inc. BMW expandable cases) and almost 4 years left on an unlimited mileage warranty (this is transferrable, right?).
I don't "deal" with bikes often, so I have little experience in terms of judging what "fair value" would be. I expect a decent drop in value due to the high mileage, but... I'm thinking around $8k??? Am I way off?