Used bike demand never been higher
One of my friends just advertised her bike, a 5 year old GSXR 600 on Ebay last week and by today there had been over 1400 views, had recieved 34 bids and sold the bike for £300 more than she hoped to receive.
So this made us decide to have a look at some other bikes on Ebay and see just how many people were looking at a selection of bikes that we chose from random. And to say we were amazed is a total understatment, get this;
Bike no.1 - A 2003 Honda Fireblade with 7000 miles on - with 2 days left the bids were at £2100 and there had been 1144 viewings.
Bike no 2. A 2006 Yamaha R1 with 4500 miles on in blue - one day left, the bids were at £3450 and there were over 1500 viewings.
Bike no 3. A 2000 Suzuki Bandit 600 with 22000 miles on in the original green. Bids were at £600 with over 1000 viewings.
The best bike we found was this one;
A 1993 Suzuki GSXR750M, the last of the proper GSXR's with just 12000 miles on, one owner from you and in the best blue and white colours. The bid was at just over £2000 with over 2200 viewings.
So it seems like the used bike market is absolutely flying, which is great news for sellers of used bikes and also great news for buyers as the bike insurance costs for used bikes are generally much cheaper than trying to insure than new bikes.
Article by Dan.
