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post #1 of 33 Old Jul 19th, 2006, 6:21 pm Thread Starter
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Question LT Sale Price Question

Don't know if this is the right forum to post this question, if it isn't please excuse/or have adm redirect it. A friend of mine has a 2000 LT in good condition with 34K miles and wants $9K for it. He wants to know if this is the going rate for a 2000 model year? I have no idea since we don't have a dealer in South Texas so I thought of posting his question on our forum. Will appreciate any comments. Thanks!

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post #2 of 33 Old Jul 19th, 2006, 6:29 pm
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I took a look on Kelly Blue Book ( www.kbb.com ) and found the below depending on what model it is.


2000 Model Retail Trade In

LTS 9150 6275
LTI 9720 6700
LTC 10335 7165


HTH,

Ron Kellenbenz


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747,891 miles on touring motorcycles since 1990

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2000 LTC 90,600 miles KIA (new)
2003 LTE 164,188 miles Silver (Purchased with 1687)
2008 R1200RT 176,196 miles (Purchased with 16458)
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Total BMW miles 509,508
1982 GL1100 rode 84108 miles (bought with 12012 sold 96120)
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post #3 of 33 Old Jul 19th, 2006, 7:17 pm Thread Starter
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Thanks, I'll pass it on.

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post #4 of 33 Old Jul 19th, 2006, 7:47 pm
 
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Reference Point

I just purchased a Black 2004 LTC with 3600 miles for $12,500....just for a reference point.

It didn't have a scratch on it.
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post #5 of 33 Old Jul 19th, 2006, 7:54 pm
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You can also get values at NADA.
http://www.nada.com/

Tony 05
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post #6 of 33 Old Jul 19th, 2006, 9:25 pm
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I payed $10,500 for my LTI with 13200 miles on to last year it also had about $3,000 ib upgrades on it so your in the ballpark

Stevie Shreeve
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post #7 of 33 Old Jul 20th, 2006, 12:23 am
 
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Recent 2000 LT Purchase

I paid $9K for a 2000 LTC w/35K miles last Feb. Loaded, lots of farkels. Some extras were older (like the GPS) and cosmetically the bike was less than perfect. But it came with a transferable warranty with 1 year remaining worth $500 and I believe the bike was well maintained. The seller (from this forum) also delivered from Houston to OKC gratis.

If I had it to do over, I would skip all the electronics (autocom, XM, iPod) in favor of a more basic bike for a little less money.

Knowing what you want and waiting to pounce is the key. Good deals go quick. On a 6 year old bike, risk is pretty much unavoidable.
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post #8 of 33 Old Jul 20th, 2006, 5:54 am
 
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Bought a 2000 Icon with 8000 miles from local BMW dealer for $9,500 in March of this year.
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post #9 of 33 Old Jul 20th, 2006, 10:24 am
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RICHARDO,
Little high to me...When I was shopping for LTs I found one here in Austin with less than 2000 miles year model 2001 Tan but the seller demanded $11,000.00 I believe he never has sold it...So Low mileage counts for the high price..The bike you looking at has too many miles for the $$$.....Good friend should make you a better deal...there are better deals out there just shop...

Jeff Goodwin
Austin, Texas

"Life is a coin.
You can spend it anyway you wish,
but you can only spend it once."



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post #10 of 33 Old Oct 10th, 2006, 4:25 pm
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BMW's dont sell quick here in New England

Since buying my 2002 LTC with 18500 mi for 10K in excellent condition this past spring Ive been watching the listings here in New England of all models of BMW bikes on Craigs list, The Want advertizer and news papers etc. What Ive notced is the BMW's dont sell quick which I would guess drives there price down , A couple I know of that are at or below the Kelly book value have been unsold all season. I paid $1100 below book value but wonder if I could have found a better deal
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post #11 of 33 Old Oct 11th, 2006, 12:08 am
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Quote:
Originally Posted by ltlfeat
Since buying my 2002 LTC with 18500 mi for 10K in excellent condition this past spring Ive been watching the listings here in New England of all models of BMW bikes on Craigs list, The Want advertizer and news papers etc. What Ive notced is the BMW's dont sell quick which I would guess drives there price down , A couple I know of that are at or below the Kelly book value have been unsold all season. I paid $1100 below book value but wonder if I could have found a better deal
Nah, with that low mileage, you did very well. Congrats.
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post #12 of 33 Old Oct 11th, 2006, 1:18 am
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it's all about the ad on's

Hi Ricardo !

..the price is a bit high, I think that $8,250 will more realistic, but, then it comes to the ad-on and extra features ...

Good Luck

Yair
K1200LT 2000 38K miles ... lv it
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post #13 of 33 Old Oct 11th, 2006, 8:00 am
 
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Wink 2000 LT price

Most serious LT riders put about 10-12,000 miles a year on their bikes so 34,000 on a 2000 model would be considered low miles. Since the prices on the new models go up each year, don't expect the older models to go too low. I think we are going to see the 99' model to bottom out at about $8000 and stay there. Here's basically (average) what the LT are selling for in the US: 1999- $8500 ( bikes in excellant condition with average or below miles)
2000- $9000
2001- $10,000
2002- $11,000
2003- $12,500
2004- $14,000

Good Luck! Ron Ray
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post #14 of 33 Old Oct 12th, 2006, 6:06 am
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$9K is a good starting place

It all depends on it's condition, the after-market extras, and maintenance history. The rest of course is time/chance of the right buyer meeting the seller. If it's Canyon Red, wow!

Regards,
John
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2000 K1200 LTC - Canyon Red
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post #15 of 33 Old Oct 12th, 2006, 7:49 am
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My '99 had 57k on it with a pricetag of $8700. I offered $8000 and he took it without hesitation....damnit...should have offered $7500!

Dave
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'93 K1100LT (Hers)
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post #16 of 33 Old Oct 12th, 2006, 10:39 am
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And to add mine - mine is an 03 - had 6289 miles, bag liners, autocom, flashing brake light, LTC version for $9745. The prices are "soft". I.e. if you are patient and look long enough, there is always a better deal somewhere. I started out looking at a local LTC with 14Kmiles for $12K. He eventually came down to $11K, but that's all.

Can't really say what the OP should do, but there is another example of a good deal out there.

Rando
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post #17 of 33 Old Oct 12th, 2006, 11:02 am
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Very slow market now

last year every thing listed sold withing a fairly short time. Earlier this year it started slowing. In the last 2 months I have seen several '05s selling in the low 14teens and even on at $13,500 (no extras).

The 2000-2004 are slowing as well.

$9,000 is slightly high it might sell but given what I just said above I wouldn't pass up an offer for $8,000 right now. The season is near the end in some regions.

Dave

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post #18 of 33 Old Oct 12th, 2006, 12:16 pm
 
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Sale Price

Bought a 2000 Custom in August, 13,500 miles, $9000 from Milwaukee dealer. Private party sale should be less, methinks.
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post #19 of 33 Old Oct 12th, 2006, 6:58 pm
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Last month I bought from a dealer a 2000 LT with 29k miles in Roseville, CA for $8250 which included a new set of tires. Bike is in excellent shape.
Ray
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post #20 of 33 Old Oct 12th, 2006, 10:59 pm
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I picked up my 2002 LTC for $15,500, with 44,650 miles on it. Did I get a great deal or what?
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post #21 of 33 Old Oct 12th, 2006, 11:28 pm
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Quote:
Originally Posted by wipatters
I picked up my 2002 LTC for $15,500, with 44,650 miles on it. Did I get a great deal or what?
or what, Ouch!!

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post #22 of 33 Old Oct 12th, 2006, 11:29 pm
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Quote:
Originally Posted by wipatters
I picked up my 2002 LTC for $15,500, with 44,650 miles on it. Did I get a great deal or what?
Let me know when you are ready to move up to a 2003 LTC w/ 34,098 miles :-)

Ted

Camarillo, CA
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2007 R1200S - Black - Sold
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post #23 of 33 Old Oct 13th, 2006, 7:36 am
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I told you, Joe is one crafty negotiator. How many guys do you know that can start at $10K and negotiate the price UP to $15,500?



I'm just playin' wit cha.
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post #24 of 33 Old Oct 13th, 2006, 7:56 am
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Quote:
Originally Posted by ronlray
Most serious LT riders put about 10-12,000 miles a year on their bikes

<grin> kind of like serious Harley owners put 6 or 7k a year on thier bikes

maybe that should read Most Lt riders put at least 10-12 k a year on thier bikes hehehehe


Tom

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post #25 of 33 Old Oct 13th, 2006, 7:59 am
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Quote:
Originally Posted by wipatters
I told you, Joe is one crafty negotiator. How many guys do you know that can start at $10K and negotiate the price UP to $15,500?



I'm just playin' wit cha.

yea but that bike has some great expereince, and can keep up with my Mauve LT so it's worth the extra bucks

<grin>

tom

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post #26 of 33 Old Oct 13th, 2006, 11:09 am
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Quote:
Originally Posted by tmgs
maybe that should read Most Lt riders put at least 10-12 k a year on thier bikes hehehehe
You got that many on your bike this year?

On His Ride,
Steve
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Have you
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bmwlt.com lately????



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post #27 of 33 Old Oct 13th, 2006, 11:25 am
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Just a thought

I get a kick out of seeing so many people try to lowball a seller to get what they think is the best deal. I wonder if it ever occurs to them that in doing so, they just devalued their purchase even further?

R1200GSA Hi Ho, Hi Ho, It's off to Alaska I go!
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post #28 of 33 Old Oct 13th, 2006, 6:13 pm
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Quote:
Originally Posted by wipatters
I told you, Joe is one crafty negotiator. How many guys do you know that can start at $10K and negotiate the price UP to $15,500?



I'm just playin' wit cha.
I thought you might be but wasn't sure, 'cuz I saw where you posted to Joe's $10K sale post - but, as they say, something is worth what someone is willing to pay. I wasn't sure if it was you who ultimately bought Joe's bike - didn't read through all the posts.

I'm glad this is a joke - I honestly went to bed thinking someone might have paid waaay too much......too funny!

Ted

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2007 R1200S - Black - Sold
2003 K1200LTC - Silver - Sold
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post #29 of 33 Old Oct 13th, 2006, 9:32 pm
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Quote:
Originally Posted by wipatters
I told you, Joe is one crafty negotiator. How many guys do you know that can start at $10K and negotiate the price UP to $15,500?
Part of the deal was that Joe never return to the forum or submit that 10,000th post.

OK, OK, OK, I'm still messin' wit cha.

Bill

'02 K1200LTC Pacific Blue

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Yeah, I know, I need to get out more!

Last edited by wipatters; Oct 14th, 2006 at 12:09 am.
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post #30 of 33 Old Oct 13th, 2006, 9:34 pm
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Talking

Quote:
Originally Posted by tmgs
yea but that bike has some great expereince, and can keep up with my Mauve LT so it's worth the extra bucks

<grin>

tom
Yeah, I hope the bike still has it's mojo cause while it might be able to keep up with your Mauve LT - I can't. But I'm working on it. In case you haven't read elsewhere, I'm cuttin my teeth on this beast.

And I'm using Joe's pics too.

Bill

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Yeah, I know, I need to get out more!

Last edited by wipatters; Oct 14th, 2006 at 12:08 am.
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post #31 of 33 Old Oct 14th, 2006, 3:15 am
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Quote:
Originally Posted by wipatters
And I'm using Joe's pics too.
Just don't use his name tag, too. Trust me on that one.

Ken
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post #32 of 33 Old Oct 14th, 2006, 7:56 pm
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Quote:
Originally Posted by meese
Just don't use his name tag, too. Trust me on that one.
Thanks for the heads up. I was soooooo close too!

Bill

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Yeah, I know, I need to get out more!
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post #33 of 33 Old Oct 15th, 2006, 2:44 am
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Talking Deals

Well I must have done terrible. Bought my 99 ltc canyon red last year in August with 35K for $6500.00 and a Bow. Had to replace the driver's Rt foot rest as previous owner let it fall while loading on a trailer and has slight scratches on the lower part of RT saddle compartment. Also need new tires. Got it home and found I also had a Euro Com Auto com under the seat. Fluid changes and TLC and viola! Nice bike!

Rob Asay
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