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Fair trade price

Marr

New member
I was at dealer looking at 2017 RT's, and ask salesman about how much my 2011 Manuel shift was worth on a trade in. It's got 14000 miles. He said I couldn't go over $6000. It isn't worth anymore than that. I told him that sounded pretty low to me. What do you guys think ? Thanks
 
KBB Trade in displays $9,950.
I know that dealers don't even like to talk about kbb trade in prices. I got a trade in quote for my 2014 RT with lots of extras and 20 months of warranty left. They said that they would only allow $11,000 because it is a manual. Before doing that, I would sell it to an individual for the trade in price, just to pass on a good deal.
 
Bummer...

But trade in's are so far down you should shy away and do the sale yourself or go consignment at your price. Kelly and NADA have the fair value but the dealer wants to make more ....:banghead:
 
Look at it this way: It's their job to try and steal the bike out from under you.

And it's your job to not let them get away with it! :D
 
$6K is a very lowball price. That is ballpark for a 2008 SM5--not a 2011. There is currently a 2008 SM5 being advertised for sale, and last I saw, it was not moving at the $7K asking price. I would suggest other dealers to talk new bike with. Many dealers are going to lowball you so that can make at least a couple thousand--but this one is beyond lowball. :thumbup:
 
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I think 6K is low too... But maybe 8K is fair.
I have a friend that in late 2013 traded in his 2010 RT for a new 2014 RT.
He got 10K for the 2010. That was in late 2013. So just a point of reference.

One thing for sure.... The 1330 models put a big hit on the value of the 998 RTs.

Bob
 
Shop Around

I was at dealer looking at 2017 RT's, and ask salesman about how much my 2011 Manuel shift was worth on a trade in. It's got 14000 miles. He said I couldn't go over $6000. It isn't worth anymore than that. I told him that sounded pretty low to me. What do you guys think ? Thanks

There are some very fair dealers out there but you may have to shop around. I received a low quote on a trade, and with another dealer site unseen, received a very favorable quote. Also saved roughly another 1000 on the tax value.
 
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Brand new here.
but just negotiated a 2011 RT ltd se-5 for$11,500...18k miles and it was the best deal I could find...

Sent from my XT1565 using Tapatalk
 
I would contact iMOTORSPORTS, they are SL sponsor. They are located at Elmhurst, IL. which is just outside Chicago and I bought my 2015 RTS from them when I traded in my 2012 RTS. They are excellent to work with and gave me a more than fair trade in on my 2012. They also have free shipping on any bike that is purchased from them. You should check them out. Their number is
630-529-5200.
 
I would contact iMOTORSPORTS, they are SL sponsor. They are located at Elmhurst, IL. which is just outside Chicago and I bought my 2015 RTS from them when I traded in my 2012 RTS. They are excellent to work with and gave me a more than fair trade in on my 2012. They also have free shipping on any bike that is purchased from them. You should check them out. Their number is
630-529-5200.
I actually got my trade in quote from them. They gave me a quote on both the RT and the RSS. The quote on the RT was way lower than I expected, but the price offered on the RSS was really good. If I was to make the move, I would just sell the RT outright, but their offer on the RSS was nice enough that I would possibly advertise it for one week, and then trade it. My reason for advertising at all is so that I could give someone on a fixed budget a chance to get into the sport without paying too much.
I will say, they were good people to talk to, very respectful, and you have to admire that.
 
I have not taken delivery yet, but I have an agreed upon sales order for a trade. I am getting $8000 for a trade in for my 2011 RT SM5 towards a 2016 RTS Special. They are also including $200 on a "Loyalty Rewards Card"( that will be good on parts, accessories or clothing) and I insisted they do a laser alignment. This dealership has the equipment but does not automatically do it at the time of assembly.
 
The less knowledgeable you are about any subject the more likely that you will come out on the wrong end of the deal. With Google, there is no excuse for lack of knowledge.
 
Border Rider

I traded my 2011 SE5 w/24000 mi for a demo 2016 RTS last August. A dealer NY offered more than what I paid for it 21/2 years ago.
I traded with my local dealer for almost even money $14,000. Sounds like your dealer is trying to steal it.
 
I know that dealers don't even like to talk about kbb trade in prices. I got a trade in quote for my 2014 RT with lots of extras and 20 months of warranty left. They said that they would only allow $11,000 because it is a manual. Before doing that, I would sell it to an individual for the trade in price, just to pass on a good deal.

Ouch!
 
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Originally Posted by blacklightning I know that dealers don't even like to talk about kbb trade in prices. I got a trade in quote for my 2014 RT with lots of extras and 20 months of warranty left. They said that they would only allow $11,000 because it is a manual. Before doing that, I would sell it to an individual for the trade in price, just to pass on a good deal.

"Spyder Ann: Ouch!"


Ouch x 2. I am thinking my 2014 SE6 is worth about 15K. Discount about $1,000 for manual. The above price leaves a $3,000 gap. I would recommend to shop around a bit more. :yes:
 
I was at dealer looking at 2017 RT's, and ask salesman about how much my 2011 Manuel shift was worth on a trade in. It's got 14000 miles. He said I couldn't go over $6000. It isn't worth anymore than that. I told him that sounded pretty low to me. What do you guys think ? Thanks

I got an appraisal earlier this year on our 2010 RT, started at $9000 but the final number was $10,200. I was looking at a new unit so not sure if that had any part of the pricing. Vtwin or not, $6,000 is a very low number for 2011. There's not a lot of used Spyders on the market that I've seen and my dealer said they hold their value pretty good. It is harder to find a used 1330 than a Vtwin but it's slim picking even for them.
 
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