It is not easy figuring out the true value of a motorcycle you are thinking about purchasing. While a new motorcycle’s value is already predetermined by the bike’s manufacturer, a used motorcycle has a lot of variables that must be considered in order to determine it real worth. While research and planning are imperative to a successful motorcycle purchase, these guidelines will help if you need to come up with a negotiation price for a used motorcycle you have an eye on.

Make, Model and Year

Generally, newer motorcycles are more expensive than older models. However, some antiques, specialty bikes and Harley-Davidson motorcycles do not follow the rule of depreciation, causing their values tend to increase with time.

The Style

Certain styles of motorcycles come at various prices. Dirt bikes, cruisers, custom choppers and sport bikes are simply generalized classifications so motorcycles should be compared with others that fall into the same category.

The Size of the Engine

Most often, the bigger the engine size, the higher the bike’s price tag and cost to insure regardless of the motorcycle’s make and model. If it helps, consider large sports motorcycles to be comparable to fast sports cars. Insurance agencies will assume that you plan to drive fast so you will have to pay a higher insurance premium.

Total Mileage

Unlike cars, trucks and SUVs, the mileage is not as big of a concern with motorcycles because motorcycles have more durable motors. And just as if you were purchasing a vehicle, find out how the previous owner maintained the motorcycle. Ask for its service records.

Body Condition

Dings and scratches are common to see on used motorcycles. But the bike’s overall amount of damage and appearance are the two most important factors when gauging its body condition. By taking a glance at all sides, you can quickly tell the shape of the motorcycle’s body and how the owner has cared for it.

Economy Conditions

A motorcycle’s value is also determined by the economy, especially when gas prices are high. Since bikes are better on gasoline, the demand for motorcycles has risen.

The Season

During the summer and spring, motorcycles sell at a higher price. If possible, buy your motorcycle during the wintertime and sell it during the springtime in order to save during the off-season and profit from the prime riding season.

Geographical Location

Depending on the area of the country, a motorcycle will have a higher value. This is usually due to traffic congestion and climate conditions. Check out the local newspaper and compare several similar bike models to figure out the average selling price in your part of the country.