It must be an LA thing

[not-fishing]

$ 8,000 or best offer.



http://losangeles.craigslist.org/sfv/mcy/5331170332.html

I can get a V7 new or nearly new for that.

[jas67]

$ 8,000 or best offer.



http://losangeles.craigslist.org/sfv/mcy/5331170332.html

I can get a V7 new or nearly new for that.

LESS!

M.I. has a left over 2014 V7 Special for $5,990 -- or about $6,700 out the door.

[ken farr]

Price negotiable.

Must be grandpa's machine.  Out of state plates, they brought it home and figured on a cash cow.......


 


kjf

[Chuck in Indiana]

Pretty nice 3K bike, maybe 3500. 

[oldbike54]

Maybe it was owned by Nicolas Cage.

 Or maybe James Dean 

  Dust

[oldbike54]

More power to 'em if he can get it. In the grand scheme of life, it's only a few thousand dollars. For the buyer who absolutely must have that bike, the premium will be inconsequential. For the rest of us, it's irrational. It remains to be seen if that buyer truly exists.

 Well , and that is true . My only problem with these types of asking prices is that often times other sellers of similar items use them as leverage . "We have done our research and know that these (fill in the blank) are selling for X." It just feels like a gross misrepresentation of a given items real worth .

  Dusty

[canuguzzi]

Why not hope he gets the 8 grand? Why so much hope for resale prices to be in the crapper, so when you sell yours the offers are low too?

Real worth is what someone pays for it, not what anyone else thinks.

[oldbike54]

Why not hope he gets the 8 grand? Why so much hope for resale prices to be in the crapper, so when you sell yours the offers are low too?

Real worth is what someone pays for it, not what anyone else thinks.

 Alright , let's explore that assertion . First off , a reasonable asking price of say $3500.00 is not in the crapper . Second , most of us watched as the investors screwed up the vintage Brit bike market in the late 1980's and early 1990's . Third , how is a gross misrepresentation of an items worth good for the sport ? If tomorrow a dealer started asking 10% over retail for new bikes , most here would be screeching , what is the real difference ?

  Dusty

[canuguzzi]

Alright , let's explore that assertion . First off , a reasonable asking price of say $3500.00 is not in the crapper . Second , most of us watched as the investors screwed up the vintage Brit bike market in the late 1980's and early 1990's . Third , how is a gross misrepresentation of an items worth good for the sport ? If tomorrow a dealer started asking 10% over retail for new bikes , most here would be screeching , what is the real difference ?

  Dusty

Reasonable according to whom, you, the people on WG? Who said WG is the source of all reason when it comes to resale values?

The prices of used bikes is what the market will bear, the retail price of bikes is determined by the manufacturer which is why it is called MSRP, which is only a suggested price, not carved in stone. The dealer must pay a certain minimum for the bike and if they sell below that, it usually comes out of hide. Used bikes come to the seller in many ways, sometimes at no cost to them. They aren't bound by the same profit considerations as dealers.

Take the Datsun 240z. Remember those and the prices they sold for? Did the bottom drop out? Nope and to this day they command a hefty price for good examples and Datsun sold a lot more if them than MG has sold bikes or the Brits sold whatever it is they sell.

There is no comparison between what a MG bike sells for and "the sport", MG is not the sport or a sport, it is a tiny piece of it, that is all. What happens with MG prices has nearly zero effect on the sport of motorcycling, its like a splatter of paint on a huge wall.

You, me nor anyone else here gets to determine the value or what is reasonable until we buy something. It is when goods are sold that value can be assigned, not by what some select group of people on some forum say.

That by the way is why some forums do not permit discussions about used bike sales, there is always the cheapies who can't stand someone selling a bike for more than they sold theirs and then, how does anyone really know if the person selling isn't a forum member?

So the person asked 8 grand. Does that force anyone to pay it? Its the asking price, so what? The market will decide the value, those who actually are ready and willing to buy, not sideliners who aren't buying it.

I can imagine though, if a group of people are saying a V65 is worth $3500 and that one sells for $6800, one if two things happen, either the buyer paid too much or those who listened to reason and sold for $3500 sold for too little.

In the end here is what does happen, someone will buy it. The value is determined at the sale, not what anyone here thinks it is worth.

If the concern is that investors are going to hype MG prices so what? Let them. Then you can either get in on the action and make some good money or watch it all go by, content with what you have and how much you paid for it or sold it for.

If someone here sells a used V7 for more than a new ones goes for tell me that everyone else who sold one didn't wish they found a buyer willing to pay that for theirs. It is called jealousy, not some support for the sport.

Who here will step up and tell the buyer, if they show up proud to have bought a V65, beaming from ear to ear tell them they are nothing more than a sucker? That should do wonders for the sport.

[oldbike54]

 NP , you are aware that WG is populated by many of the leading Guzzi experts around the world , so yeah , if Chuck in Indiana , or Charlie M says a bike is worth X , then I believe them , not some seller that has a completely erroneous idea of what their old munter is worth . I will make you a deal , go pay $8k for this bike , and in a couple of years I will buy it back from you at its real market value .

  Dusty

[Chuck in Indiana]

Who here will step up and tell the buyer, if they show up proud to have bought a V65, beaming from ear to ear tell them they are nothing more than a sucker? That should do wonders for the sport.

I seriously doubt that anyone on WG would do that..

[oldbike54]

I seriously doubt that anyone on WG would do that..

 What , waaaayyyy over pay for a bike , or poke a bit of fun at someone who did ?

 I really have never bought into the idea that something is worth what someone will pay for it . The world is full of con men that can sell cow poop to a rancher , doesn't make cow poop any more valuable , just means the buyer got screwed .

  Dusty

[Cool Runnings]

Ton's of overpriced used Harley's out there. ppl want 8k + for a 12 year old road king. Thing is, I don't see them move. Now Corvettes are another matter. Many are asking 2k + over loan value (NADA prices). Are they selling, nope.

[John Ulrich]

This is the typical holiday sale......wife needs money for Christmas presents and tells hubby to sell the motorcycle he's not riding anyone.  He prices it accordingly to his desire to get rid of it.     

[zedXmick]

the OP's name is about 180 degrees off on this post....and he got his limit.

[Offcamber1]

First, take a careful look at the background in the seller's photos.  Other bikes, tools, etc.  My guess is that we're not dealing with a neophyte here.

Second, that's a damned fine example of a V65SP from what I see in the pics.  Not perfect, but very, very original.  There is some inherent value in that.

Third, if you really want to find out what something is worth, take it to an auction where there is an abundance of knowledgeable experts.  That bike in January in Las Vegas, or October at Barber would likely find an accurate assessment of its value, but there still has to be at least two willing, knowledgeable blokes bidding against each other to really establish a market price. 

That said, it might be a $4K bike.

ymmv

[Chuck in Indiana]

That said, it might be a $4K bike.

Maybe.  I'll stick with my first 3-3.5K assessment. It *is* a cool bike, with the great SP fairing. I've never seen an old small block go for 4 large, though.