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pricing of trike??
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Topic: pricing of trike?? (Read 1596 times)
gsxrsam
Sr. Member
Karma: 4
Posts: 283
pricing of trike??
«
on:
September 08, 2009, 08:05:42 AM »
morning all,
how do you decide what your trike is worth?
i having a dilema about not being greedy but not underpricing it too much!!!!!
i looked on ebay and some of prices peeps are asking for what i consider heaps of poo are bloody high!!!! do they sell at silly prices???
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voodoo
Hero Member
Karma: -55
Posts: 1710
Re: pricing of trike??
«
Reply #1 on:
September 08, 2009, 08:12:46 AM »
It all depends if you are pricing it for insurance purposes or to re-sell.......always Insure your trike for what it would cost to re-build or replace it if it was totalled or stolen....Looking at yours I would think an insurance price of around 5K....a selling price would be a lot less than insured price.......but this is just my opinion on it and many others will have different.....My last build (XVZ 1200 full bodied trike) was insured for 15k and when I sold it I got 7500 back on it...atm I have a complete wreck of a Reliant trike (that is now stripped down to nothing for a complete re-build) that is insured for a lowley 2k...saying that it was probably only worth about £500 lol......Best thing to do is exactly what you are doing,have a look around at others prices and ask other trike owners advice....Voodoo....
«
Last Edit: September 08, 2009, 08:16:41 AM by voodoo
»
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tbone
Hero Member
Karma: 130
Posts: 4548
Re: pricing of trike??
«
Reply #2 on:
September 08, 2009, 08:41:43 AM »
My own take on this is that trike prices will fluctuate with the seasons, for obvious reasons.
As you seem to have noticed, one mans poop is another mans gold, and this will have a bearing on who is prepared to pay what.
Unlike cars, there is no guide to trike prices, when i have sold them in the past, i`ve looked at my expenditure and come up with something i thought was reasonable for what they were getting, if anything, i think i`ve underpriced as i`ve never intended to retire on the profits , but that said, i`ve never lost money.
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gsxrsam
Sr. Member
Karma: 4
Posts: 283
Re: pricing of trike??
«
Reply #3 on:
September 08, 2009, 09:06:11 AM »
will go get some new camera batteries and post new pics shortly..
i know you lot appreciate stuff like the front end is all one off billet stuff with brake caliper mounts machined from one lump and spindle is stainless with trick fastenings etc
but i imagine its all greek to most punters looking at adverts
even at mate rates front end was 1500 squids to make
ty 4 replies btw
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BikerGran
Hero Member
Karma: 94
Posts: 10604
Gran Turismo
Re: pricing of trike??
«
Reply #4 on:
September 08, 2009, 12:10:32 PM »
Worth putting it on Ebay with a fairly high reserve to test what people will bid for it. If it doesn't sell you can always offer it to the last bidder if it's a price you're willing to accept, or try it again with a different reserve or.... well you keep your options open if you keep the reserve high.
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gsxrsam
Sr. Member
Karma: 4
Posts: 283
Re: pricing of trike??
«
Reply #5 on:
September 08, 2009, 01:16:47 PM »
more pics
http://i70.photobucket.com/albums/i90/gsxrsam/P1010695.jpg
http://i70.photobucket.com/albums/i90/gsxrsam/Picture034a.jpg
http://i70.photobucket.com/albums/i90/gsxrsam/Picture036.jpg
http://i70.photobucket.com/albums/i90/gsxrsam/Picture032a.jpg
http://i70.photobucket.com/albums/i90/gsxrsam/Picture035.jpg
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morrag
Hero Member
Karma: 49
Posts: 2875
Carpe diem!
Re: pricing of trike??
«
Reply #6 on:
September 08, 2009, 06:11:50 PM »
As with most saleable items, its a mix of,1) Howlong you advertise it for,2)How the market is at that time,3)What you value it at, but one things for certain, you will rarely recover your hours, charged at even average rates, on a trike!and it may be your pride and joy, but not necessarily other peoples taste, such are the vagaries of "one-off" special building. Finally, it depends how much you either want or need to sell, really! In my case it's usually the need to release workshop space for a new project that is factored in to what offer I take, merely an observation, mind you! Morrag
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