Kbb Used Motorcycle Prices (2024)

FAQs

How do you lookup the value of a motorcycle? ›

To find out what a motorcycle is worth, check out Kelley Blue Book and J.D. Power, which you can find through NADA. Both companies offer free values, which you can check on their respective websites, and both use sales transactions when calculating a used motorcycle's value.

A motorcycle's "blue book value" is the generic term for the market value of a motorcycle made in a particular year by a particular manufacturer. The Kelley Blue Book (KBB) is the origin of that term and is one of the most well-known pricing guides for those in the market for a used motorcycle.

NADA stands for National Automobile Dealers Association. Like Kelley Blue Book, NADA takes information about motorcycles and the marketplace to determine values. Values are based on condition, mileage, age, etc.

The high prices of used bikes were also influenced by the shortage in supply of new bikes, greater competition between brands, and the constant race to introduce the latest motorcycle technology. All these factors resulted in expensive used bikes, leaving buyers with limited options.

Motorcycle's Actual Cash Value (ACV)

Insurers determine your bike's ACV by looking at its year, make, model, mileage, overall condition, and any upgrades or modifications. They typically use sources like Kelley Blue Book, NADA Guides, and local comp sales of similar motorcycles to calculate a fair market value.

Smaller motorcycles like sports bikes are considered to be high mileage at between 20,000 to 30,000 miles. Larger models like cruisers and touring bikes are deemed high mileage at around 50,000 miles.

Consider the Depreciation Rate of New Motorcycles Over Time

But there's often a silver lining. As depreciation slows, used bikes hold their value better, and you're more likely to recoup a larger portion of your investment - especially if the bike is well-cared-for and kept in great condition.

Cyclechex is the #1 CHOICE by Industry Professionals for Motorcycle History Reports. The Cyclechex Motorcycle History Report gives you access to a powerful network of data providers with the most up-to-date records and information on your motorcycle's title history.

Brands like Honda, Yamaha, Suzuki, and Ducati have a knack for maintaining high resale values, giving them a leg up over competitors. While it might not be your first concern, understanding the potential future value of your bike can significantly ease the financial burden when it's time to upgrade.

Are motorcycle sales down in 2024? ›

Global Motorcycles Industry keeps growing in 2024. After the first six months, the global sales of scooter, moped and motorcycles have been 32.7 million (+5.1%).

To grab the best deal, sell when demand is high. Historically, spring and early summer see a spike in sales. Warmer weather encourages riders to hit the road, igniting the urge to buy. Track sales trends online or in magazines, and plan to list your bike when interest peaks.

Salvage Value Formula

To calculate a salvage value, divide the depreciation % per year by 100, and multiply that value by the original price and the asset age in years. Take this result and subtract it from the original price to get the salvage value.

SELLING A MOTORCYCLE TO RUMBLE ON IS SAFE.

Simply put, it's the best way to sell your motorcycle, without risk and with plenty of reward. There are common questions that arise when you sell a motorcycle to a free listing site like Rumble On. “Is this a safe process?” The short answer is yes.

The Kelley Blue Book—and its equally popular website—is one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. Kelley assesses a wide array of different values to both used and new vehicles.