Before buying a used Victory motorcycle, know how much it is really worth! There is an online magazine called Motorcycle Consumer News (mcnews.com) that provides the latest prices on used bikes a few times a year. In addition, the Kelley Blue Book (the Bible of used car enthusiasts) can also be accessed at kbb.com. With the Kelley Blue Book, you have to realize that a used Victory motorcycle should sell for a price between its wholesale price and the retail price. Refer to Motorcycle Consumer News for more accurate price listings, especially if you're buying your used Victory motorcycle from a private seller.
Determining an offer for a used Victory motorcycle is a science, although it is not hard. To start, a good idea is to take the value offered in a pricing magazine like Kelley Blue Book or Motorcycle Consumer News magazine and subtracting repair costs for each problem the bike has. Remember, the pricing guides reflect a perfect used motorcycle with wear and tear reflective of its age and tendencies. See if you can get the seller to drop the price even more by pointing out additional problems he might not have realized earlier.
It is very likely that your used Victory motorcycle will sell for its best offer. In order to dominate the pricing roundtable, offer less than your value of the bike and try to match a price close to your interpretation of its value. If your used Victory motorcycle has been on the market for sometime, its owner will be more likely to be flexible with his price. Remember, the laws of supply and demand apply here. If possible, try to buy your used Victory motorcycle in the winter as there are fewer buyers.
Always be careful of buying from dealerships. Dealerships that may offer used Victory motorcycles often have the nasty habit of buying used bikes for below value and increasing the price. If your heart is set on one particular bike at one particular price, make sure you receive additional perks like a tune up, a warranty, and new gear. And as always, conduct a thorough inspection. Check with your state's lemon laws that protect you against dealers that may sell you defective used Victory motorcycles. In the long run, your best bet would be to purchase from a private seller if possible.
Published by R. Prince
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