[sold] WTS: Honda CBR 954, "the" Fireblade

[gaptoothedclubfoot]

Bike is sold

Edited April 27, 2015 by gaptoothedclubfoot
Price adjusted

[gaptoothedclubfoot]

Top of the pile for the iconic bike....

[gaptoothedclubfoot]

upz for me bike I guess!

[gaptoothedclubfoot]

Does 7.6k as anchor price seem too much for this bike?

 

This is my reasoning for 7.6k: Residual Value of the bike: 4k (good condition, some farkles, ready to rock'nroll), COE for 7 years (currently 5.5, --> 5.5*7/10=3.85), 20% Chance the bike won't last another 7 years: 3.85*.8=3.08 => 7.1k + 0.5k (for uncertainty with the COE going even higher + some wiggle room for negotiation)

Tada!=7.6k

Any comments?

[teambhp]

Does 7.6k as anchor price seem too much for this bike?

 

This is my reasoning for 7.6k: Residual Value of the bike: 4k (good condition, some farkles, ready to rock'nroll), COE for 7 years (currently 5.5, --> 5.5*7/10=3.85), 20% Chance the bike won't last another 7 years: 3.85*.8=3.08 => 7.1k + 0.5k (for uncertainty with the COE going even higher + some wiggle room for negotiation)

Tada!=7.6k

Any comments?

Most probably push to bike shop

[theblackmamba]

its probably due to the fact that there are no financing options available

[dreameater]

Most probably push to bike shop

 

push to bike shop sure less than $5k

[ellamcoy]

Yup, when I sold my VFR800 with 3yrs COE some shops offered 2.8K, felt like parking it in my living room as decor. Anyway i moved on lol.

[teambhp]

push to bike shop sure less than $5k

Most probably cannot sell lah

[kaizersg]

Ur advert. prolly could edit abit , it comes with a nice plate number F* *333 * , it may boost ur sales here. #JustSharingSomeInputs (: ups for ur sale bro

[imjustin]

Does 7.6k as anchor price seem too much for this bike?

 

This is my reasoning for 7.6k: Residual Value of the bike: 4k (good condition, some farkles, ready to rock'nroll), COE for 7 years (currently 5.5, --> 5.5*7/10=3.85), 20% Chance the bike won't last another 7 years: 3.85*.8=3.08 => 7.1k + 0.5k (for uncertainty with the COE going even higher + some wiggle room for negotiation)

Tada!=7.6k

Any comments?

 

But you didn't pay 5.5k to renew the COE. You paid whatever the premium was in 2012. No offense.

Nice bike tho, the fact that it has stayed with one owner means the bike is a keeper.

[tionghan]

Dun see nothing wrong with using current coe value to set price.

Coe high now means overall used bike pricing increase.. and it's reasonable price for a class 2 bike.

Welcome to Singapore

Good price btw.

 

Sent from my SM-N9005 using Tapatalk

[teambhp]

But you didn't pay 5.5k to renew the COE. You paid whatever the premium was in 2012. No offense.

Nice bike tho, the fact that it has stayed with one owner means the bike is a keeper.

People want to make profits. So we better dun say much

[gaptoothedclubfoot]

Thanks for the comments! It's a bit of an art to put a reasonable price onto a used motorbike, so your honest inputs are very welcome!

 

(and prices are always negotiable) Cheers!

[gaptoothedclubfoot]

Hmm, since most of you seem to think I'm asking for a bit much, I adjusted the price down a bit...

[theblackmamba]

how much was the coe price when it was renewed 3 years back

[teambhp]

how much was the coe price when it was renewed 3 years back

It's like asking the bike shop the cost price of the bike

[theblackmamba]

can check wat :

 

 

http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/COE_Result_2010_2012.pdf

[gaptoothedclubfoot]

ready for the weekend...!

[teambhp]

ready for the weekend...!

Ready to sell at 5k?

[gaptoothedclubfoot]

up for me superbike!

Edited March 10, 2015 by gaptoothedclubfoot

[gaptoothedclubfoot]

Roadtax just renewed!

[WeeChen]

upz for u........................

[gaptoothedclubfoot]

12 months roadtax! Price is negotiable - any reasonable offer will be considered since the bike has to go....

Cheers!

[skytng]

that's 13 years with this bike, holy crap! talk about dedication