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Is this too much for a 2008 Spyder?
A dealer has a 2008 SM Spyder, 8000 mi. They wanted $12,500 and we got them down to $11,200. Do you think this is a fair price or over-priced for a 4 yr. old Spyder? P.S. We already own 2 Spyders (priceless), but have a need for another.
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Registered Users
I think that's in the right ballpark due to the mileage, but for an '08 I'd rather see the first two numbers begin with "10". However, if there are upgrades (passenger backrest/sportrack, wheels, etc) then I'd probably jump on it. That's about what I paid for an '09 with 7,000 miles on it back in April 2011--but mine was bone stock.
--ABQ
spydern.jpg
2009 RS SM5. Passenger Backrest,
Sport Rack, GloRyders, TricLED Dayrunners,
LED Halo Kit, and LED fender tips.
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Motorbike Professor
http://www.nadaguides.com/Motorcycle...Am/Motorcycles lists the retail value at $10,160 to $13,155.
http://www.kbb.com/motorcycle/retail/2008/can_am/ lists the retail value at $10,015 in excellent condition.
-Scotty
2011 Spyder RTS-SM5 (mine)
2000 BMW R1100RTP, motorized tricycle & 23 vintage bikes
2011 RT-622 trailer, Aspen Sentry popup camper, custom motorcycle trailer to pull behind the Spyder
Mutant Trikes Forever!
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Too much... Go to Kelley BB. Look at trade-in and retail values.... Even at excellent with half the miles, you should be able to do much better with a dealer.... Even with add-ons.
But then again, price is relative to desire and how long the dealer is willing to hold on to it.
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Very Active Member
Originally Posted by killerbee
A dealer has a 2008 SM Spyder, 8000 mi. They wanted $12,500 and we got them down to $11,200. Do you think this is a fair price or over-priced for a 4 yr. old Spyder? P.S. We already own 2 Spyders (priceless), but have a need for another.
I guess it depends on the accessories. A lot of extras, sure. Stock, no.
I paid $12K with 2000 miles 3 years ago.
Very Happy '08 Spyder RS Owner
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Motorbike Professor
Originally Posted by arntufun
IF it says PE edition on the handlebars these other people have no clue what they are talking about.
These are the first ever Spyders and are worth way more than the rest. If it says PE and gives you a number....... buy it, because they are worth alot.
A lot of what? Only Jay Leno's #1 is worth any premium, IMO. Sounds like you are trying to fluff up the market. I guess you're anticipating getting more when you trade yours in on Holly's new RT.
Last edited by NancysToy; 01-12-2012 at 09:29 AM.
-Scotty
2011 Spyder RTS-SM5 (mine)
2000 BMW R1100RTP, motorized tricycle & 23 vintage bikes
2011 RT-622 trailer, Aspen Sentry popup camper, custom motorcycle trailer to pull behind the Spyder
Mutant Trikes Forever!
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Very Active Member
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Registered Users
WHAT! PE means what? Nothing! Don't pay more just because it is a PE! Just my opinion as these are not collectable items!
** Loving my 5th Can-Am Spyder since 2007! **
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Very Active Member
Originally Posted by killerbee
A dealer has a 2008 SM Spyder, 8000 mi. They wanted $12,500 and we got them down to $11,200. Do you think this is a fair price or over-priced for a 4 yr. old Spyder? P.S. We already own 2 Spyders (priceless), but have a need for another.
I would maybe go $9,500.00 to 10,000 with a 6 month warranty. It's FIVE model years old and why only 8,000 miles. The dealers are hurting. That's IMHO.
Mike
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I thought pe's stood for Problem Edition
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MOgang Member
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Originally Posted by arntufun
IF it says PE edition on the handlebars, buy it !!!!
These are the first ever Spyders and are worth way more than the rest. If it says PE and gives you a number....... buy it, because they are worth alot. They only produced under 3,800 of the first ever Spyders.
I own # 3494 and I won't take less than 18K for it. Alot of people will say different but they are followers of our 2008 year, nothing more.
I think the PE edition are worth at least a little more too.. I just bought # 744 with 596 miles on it completely stock but paid right around what you are looking to pay for that one..
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Very Active Member
PE
Randy, there were only approx. 2700 original Shelby Cobra's made and they all don't exist any longer. I have one, but it's fake but I built it so I don't really care. Now my Daytona ???????....Mike....
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I paid 13,500 new for a 09 left over last march
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Registered Users
Pricing
I paid $12,900 for my 09 phantom with 4k on it. That came with kyrykan grips, foot pegs, lighting system, hindle exhaust.
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Very Active Member
Any takers for my 2010 RTS PE #474--I will let it go for $35,000--only 21,000 easy miles.
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Very Active Member
PE isn't worth any more unless it was stored and not ridden. I wouldn't pay anything over $9,000 for it.
Spyder #1 - 2008 GS SM5 Premier Edition #1977. RIP after 80,000 miles.
Spyder #2 - 2012 RT SM5. Traded in after 24,000 miles.
Spyder #3 - 2015 F3 SM6. Put 13,000 miles on and sold it.
Spyder #4 - 2017 F3 SM6. Too good of a deal to pass up!
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Very Active Member
I paid $12 for mine in 09 with 5k miles, stock. Assuming this one is stock, get some aftermarket items thrown in the deal, comfort seat, back rest, windshield, etc. Spyders are cheap compared to the desired mods.
Ryde Safe!
"There are two things you can never get back. A word after it is said and time after it is gone."
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Hey Guys don't beat up the dealer to much on price otherwise he will get it all back on your service costs!!! He's got bills to pay also. The few dollars difference between most deals is insignificant compared to the desire to "Win" in most auto deals. I have seen folks walk away from a really great vehicle that was at a pretty good price over a $50 difference. Buy the '08 if you really like it, want to get out on the road and have fun. If you want to do financial battles invest in Comercial Real Estate!
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Too Much
Personally I think that is too much. I picked up an 08 with only 740 miles, plus extras for 11,500. Be advised though, it was from a private seller, not a dealership. I would negotiate some more, or look for a better deal.
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Last edited by arntufun; 01-12-2012 at 09:33 AM.
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