2003 with 100k miles a Good Deal? - BMW Luxury Touring Community
 
LinkBack Thread Tools Display Modes
post #1 of 10 Old Apr 30th, 2012, 7:34 am Thread Starter
Junior Member
 
Join Date: Apr 2012
Location: Huntsville, TX, USA
Posts: 2
2003 with 100k miles a Good Deal?

Hello all,

I'm new to touring bikes, but have been considering one for two up day and weekend trips with my wife. I thought I would get serious about researching over the summer and buy in the fall, but just ran across this one at a dealer over the weekend...

It's a 2003 with 102k on the clock, selling for $2995 plus taxes and fees.

The sales manager told me it was a single owner bike, traded in on a brand new Goldwing (Honda dealer, not a BMW dealer).

Seems like a killer price, but I'm not sure why the dealer would list it cheap. I tend to be a bit of a pessimist -- if it's too good to be true, it probably is .

Just looking for advice on what to look for, what questions to ask, etc. they are closed today, but I could test ride it (15miles) tomorrow. Any thoughts?

Thanks for your help!
xaman is offline  
Sponsored Links
Advertisement
 
post #2 of 10 Old Apr 30th, 2012, 7:43 am
Senior Member
 
DanDiver's Avatar
 
Join Date: Jun 2003
Location: Tampa, FL, USA
Posts: 4,834
Re: 2003 with 100k miles a Good Deal?

Check out the prices of a low mileage 2003 (trader publication/ Craigs list/ Ebay) and then subtract the difference. If you are prepared to put that into it, then yes, it might be a good deal. When you spend less than expected, put the difference aside as insurance.

Maybe it's possible to contact local BMW for service records on the bike? It would be worth the cost of having a BMW tech check it out. $100 spent might save you or at least set the correct expectation.

Dano
Tampa, Fl.

12 K1600 GTL
02 K1200 LT (gone but not forgotten)
DanDiver is offline  
post #3 of 10 Old Apr 30th, 2012, 7:49 am
Lifetime Supporter
 
DanMartin's Avatar
 
Join Date: Jun 2002
Location: Fulshear, TX, USA
Posts: 2,082
Re: 2003 with 100k miles a Good Deal?

Take it for a drive. Make sure all the dash lights go out after you have moved 10-20 ft.
No flashing lights. Get it in 5th at 2500 rpm, about 50mph, gas it and see if rpms
increase more than road speed. If so, clutch is slipping. $2k+ for dealer to fix,$5-600
for you to fix.
Lots of good help on this site.
DanMartin is offline  
 
post #4 of 10 Old Apr 30th, 2012, 1:26 pm
Senior Member
 
Join Date: Feb 2010
Location: Blackwood, NJ, USA
Posts: 216
Re: 2003 with 100k miles a Good Deal?

Interesting post...seems like a fair price; however, I would consider buying one with 30,000 miles on it vs. 100,000. When you look at the prices for your repairs/service, you will see why.

Are you handy with a wrench?

G
southern_nj is offline  
post #5 of 10 Old Apr 30th, 2012, 1:50 pm
Senior Member
 
deputy5211's Avatar
 
Join Date: Oct 2006
Location: Dallas Area, TX, USA
Posts: 4,877
Re: 2003 with 100k miles a Good Deal?

Quote:
Originally Posted by DanMartin
Take it for a drive. Make sure all the dash lights go out after you have moved 10-20 ft.
No flashing lights. Get it in 5th at 2500 rpm, about 50mph, gas it and see if rpms
increase more than road speed. If so, clutch is slipping. $2k+ for dealer to fix,$5-600
for you to fix.
Lots of good help on this site.
+1

Antony (Tripod)
Dallas' Northern Suburbs
-----------------------------------------------

If you want to be happy for a day, drink.
If you want to be happy for a year, marry.
If you want to be happy for a lifetime, ride a motorcycle.

-----------------------------------------------


'05 K1200LT - Dark Graphite - RIP 04 OCT 2015
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


'99 Road King Classic - Custom Blue/Silver & Chrome - "My Baby" Gone but forever in my heart!

and many, many others.
*

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
deputy5211 is offline  
post #6 of 10 Old Apr 30th, 2012, 1:59 pm
Senior Member
 
copperstatetour's Avatar
 
Join Date: Oct 2011
Location: Avondale, AZ, USA
Posts: 794
Re: 2003 with 100k miles a Good Deal?

I second the lower mileage bike idea, but these things can go hundreds of thousands of miles relatively incident free so I wouldn't sneeze at 100,000 on the clock.

I would take the advice of those above and get on the bike for your test drive and take it directly from the Honda Dealer to the BMW Dealer and have it checked out. This will also get you acustomed to opening your wallet wide for the BMW tech and motivate you to become a grease monkey. But seriously, they will know what to look for and if anything will probably give you a pessemistic view of the health of the bike.

I am a stingy cheapskate so I would try to whittle them down on the price, pocket the balance and then you don't have to worry.
copperstatetour is offline  
post #7 of 10 Old Apr 30th, 2012, 4:10 pm
Senior Member
 
fpmlt's Avatar
 
Join Date: Jan 2008
Posts: 2,175
Re: 2003 with 100k miles a Good Deal?

Anyone from this forum live nearby that can take the bike for a test ride? Someone with experience could give more perspective.
fpmlt is offline  
post #8 of 10 Old Apr 30th, 2012, 5:07 pm
Senior Member
 
jkriner's Avatar
 
Join Date: Dec 2011
Location: Hope Mills, NC, USA
Posts: 175
Re: 2003 with 100k miles a Good Deal?

I would search for any service history on the bike.
I just purchased a 2005 K1200 LT with 120,000 on the clock with complete confidence.
The PO had a complete service history from initial purchase.

Jesse Kriner
Hope Mills, NC

2014 K1600 GTL Damask Red
2005 K1200 LT "Gray Ghost" 148,000+ miles
2014 Honda CTX700 DCT ABS (wife's)
2012 Honda NC700X DCT ABS
2002 Shadow Sabre
1985 K100 RS


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
jkriner is offline  
post #9 of 10 Old Apr 30th, 2012, 9:18 pm
Junior Member
 
oldnslow's Avatar
 
Join Date: Jan 2012
Location: Southwest , MO, USA
Posts: 20
Re: 2003 with 100k miles a Good Deal?

Hmmm....I don't own a K1200, but have been 'shopping' for one for about 3 months, looking for the perfect deal. (I have a K100RT). Here's my take on it. 3000 for the bike from a private seller would be a pretty sweet deal. But I would expect it to need to be 'freshened' up a bit. (tires, fluids, etc..) I see most bikes with that year and mileage have been in the 4000-6000 range. The mileage doesnt alarm me but here's what does. A Honda dealer has the bike on a trade in. They at most gave the PO 1500 for it, probably closer to 1000. To me that indicates the PO wanted out of that bike real bad. If he was the original owner, he may have known of an upcoming major problem, or if he wasnt the original, this bike may have put a bad taste in his mouth from problems and he wanted out now, and didnt want another BMW for any reason.


Then again, it could be the deal of the century! By if I was buying it, I would plan on 2000 worth of repairs in the near future.
oldnslow is offline  
post #10 of 10 Old May 1st, 2012, 7:49 am Thread Starter
Junior Member
 
Join Date: Apr 2012
Location: Huntsville, TX, USA
Posts: 2
Re: 2003 with 100k miles a Good Deal?

Thanks guys for the sound advice. I hope to test ride it, and will report back my findings.
xaman is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the BMW Luxury Touring Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
Dallas Bike - Good Deal, Fair Deal? cwarren K1200LT 10 Apr 23rd, 2012 7:29 pm
The story of buying my LT (Really REALLY long...) bmwjason Ride Tales 0 Jan 6th, 2006 11:09 pm
Triple BBG-Ride Report murray Ride Tales 8 Nov 20th, 2005 6:34 pm
Bun Burner Gold Attempt ? October 18, 2005 danbrew Ride Tales 6 Nov 1st, 2005 1:47 pm

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome