Question: '93 Gold Wing

[Aerik]

Alright: In my apartment complex, we're known as the 'guys with all the bikes'. So, last night a neighbor comes up while we're working in the garage and asks if we'd be interested in a '93 Gold Wing with approximately 40k miles. He says it's loaded, royal blue, and the only thing wrong with it is a hole in the left muffler (I have no idea how-- I haven't seen the bike).

So here's my question: He says he's hoping to get $5000-$6000 out of it. Is that actually reasonable for this bike, or does he just have "It's my bike and I paid a lot for it so someone else should" syndrome?

Doesn't actually matter to me, since I'm not in the market for anything that expensive. I was just curious.

Incidentally, if anyone is actually interested, let me know and I'll get you in touch with him to find out more.

[Casper]

http://dayton.craigslist.org/mcy/1775377174.html

http://akroncanton.craigslist.org/mcy/1770314860.html

http://toledo.craigslist.org/mcy/1799327473.html

http://detroit.craigslist.org/okl/mcy/1732199010.html

I'd say it's a good price.

[Steve Butters]

i know properly maintained bikes last a long time, ive seen plenty well well over 100k....but ive never seen 89k miles listed as "Low Miles" on a bike lol

[ReconRat]

It could be any of three Gold Wing models for that year.

Kelly blue book is about 4800 to 6000, for Retail, which would have at least a 30 day guarantee with it.

This does not, and should be lower, and closer to trade in value if there are no repair/maintenance records. (3350-4100)

Reasonable for an average nice bike is splitting the difference between Retail and Trade-in.

Average mileage for a 1993 would be in the 80,000 range.

It's seventeen years old...

I tend to be harshly realistic, when judging used bikes.

[Aerik]

Hmm. I guess I just didn't realize how well those hold value. I suppose it kind of makes sense, since they're generally not ridden to death like a sportbike or normal cruiser is. Except for that one video of a guy riding one on the track, anyway.

Of course, they cost a lot more brand new than most other bikes, too. Something about basically being a two-wheeled car.

[Fonzie]

It's unbelievable how much Goldwings hold their value. I saw an old '82 or '83 that reminded me of my dad's old one, a couple years ago at Thiels' Wheels in Upper. When I inquired how much it was out of curiosity, I about fell over. IIRC, it was like $3k.... For a 25 year old bike!!

[mello dude]

I had a 1983 GW standard (no fairings) about 5 years ago. It had 9000 miles when I first got it. Bought it for $3000, rode it about 8000 miles, and 2 years later sold it for $3200. --- Lots of Honda non-sport bikes seem to hold value very well.

[Aerik]

I guess that means I might do well if I ever decide to sell my Shadow

[gl1200]

Yes , I'd say it should be a good price if the rest of it is not destroyed , I'd like to look at it if my wife was not out of work .