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Message started by nwo on 10/04/13 at 18:06:01

Title: 2006 S40 value.
Post by nwo on 10/04/13 at 18:06:01

Hello all,

I hope I have this in the right Forum.

My local Suzuki dealer has a used 2006 S40 for sale. Basic configuration. No bags, no windscreen.

It has 25,000 miles on it.

It has no damage to it, and no fluid leaks of any kind.

It has brand new tires on it.

The only 'problem' with it is the black factory paint is scuffed up, like the previous owner got overzealous with the washing of it.

It runs perfectly, and he wants $1600 for it.

I already have one, but would like another for a couple of reasons. Is this one a good deal at $1600?

Thanks all.

Title: Re: 2006 S40 value.
Post by Serowbot on 10/04/13 at 18:44:03

Depends a lot on location,... and from a dealer they'll be getting a premium... plus, you'll probably have sales tax...
$1600 is top dollar,.. but if it's a good one with mostly highway miles, it could be okay...
Here,.. I'd be looking for a private seller, and under $1200... (if I were buying to resell, I'd be looking under $900 to sell at $1400 to $1600)...

PS.. that bike is very much due for a new cam chain, or modded adjuster...
See the tech section for info...

Title: Re: 2006 S40 value.
Post by ZAR on 10/04/13 at 19:01:03

What Sero said!

Plus.......25,000 miles seems kind of high. Last year I gave $1500 for my 1996,BUT it only had 8400 miles on it. Even from a dealer(who is looking for the very top dollar) I'd pay $1250 at the most. And make the dealer throw in the new cam chain repair before I agreed to the $1250.

Title: Re: 2006 S40 value.
Post by jcstokes on 10/04/13 at 19:10:55

If you already have one, you could work out what the parts are worth. ZAR's comment is interesting. You may have to stand in the dealership workshop while they install the new chain and tensioner.

Title: Re: 2006 S40 value.
Post by gizzo on 10/04/13 at 19:14:52

I dream of 2006 S40 for $1600. :'(
If they were that cheap over here I'd have a half dozen.
You guys don't know how good you have it (bike price wise).

Title: Re: 2006 S40 value.
Post by ZAR on 10/04/13 at 19:15:53

2A2333342F2B2533400 wrote:

If you already have one, you could work out what the parts are worth. ZAR's comment is interesting. You may have to stand in the dealership workshop while they install the new chain and tensioner.

JC that's the direction my thoughts were going. And I figure a dealer DOES know the cam chain is ready to fail at that milage so if he sells in good faith he will admit that. Therefore he should be willing to make the repair. If he does not aknowledge this he is either not honest or not up to par in his service department.

Title: Re: 2006 S40 value.
Post by WD on 10/04/13 at 19:33:33

3B2125272618293A3C3A212C2F2D480 wrote:

I dream of 2006 S40 for $1600. :'(
If they were that cheap over here I'd have a half dozen.
You guys don't know how good you have it (bike price wise).

Title: Re: 2006 S40 value.
Post by nwo on 10/04/13 at 19:44:25

Well, after thinking about it, and reading all of your comments, I think I will pass on this particular S40.

It does have ALOT of miles on it, and I don't really want to mess with repairs on something I just bought!

I will continue to enjoy the one I have, and if another one pops up somewhere for a good price with (way) less miles, I'll get that one.

Thank you SO much everyone. If it were not for this Forum, I probably would have run down there tomorrow and bought the thing!

Title: Re: 2006 S40 value.
Post by old_rider on 10/04/13 at 20:46:01

Kelly Blue Book says:

http://www.kbb.com/motorcycles/suzuki/sv650/2006-suzuki-sv650/suggestedretailvalue/?categoryname=streetstandardcruiser

$3210 in showroom condition

If you find one in showroom for $1600 from a dealer, make sure you get a guarantee for 90 days or more and a mechanical decree saying it is in top shape with no problems.

Anything 10 years or older is likely going to have 10,000 + miles on it, unless you find one that was left in the garage because it had a mechanical issue the rider couldn't fix. OR.....they didn't ride in cold weather, you kinda have to play it by ear when you go and look at it to see what the owner knows about the mechanics of the bike.

But a dealer will know, and will take you to the cleaners, so get a guarantee or a warrantee for at least 3 to 6 months.

Title: Re: 2006 S40 value.
Post by gizzo on 10/05/13 at 00:37:48

7A692D0 wrote:

[quote author=3B2125272618293A3C3A212C2F2D480 link=1380935162/0#4 date=1380939292]I dream of 2006 S40 for $1600. :'(
If they were that cheap over here I'd have a half dozen.
You guys don't know how good you have it (bike price wise).

:-?

It has 25K miles on it. 652 dollars, tops, it has gone past both expected miles/years of service and is stone stock. Once they clear either projected life span figure, unless they are a smoking hot high demand custom starting point (like a Z1-900 or a fuelie KZ1000/1100), metrics are worth no more than $1/cc.

Okay, so I really miss the days of common sense bike prices. But the one in question is badly overpriced.
[/quote]
I'm in Australia. 8-). LS650 was only available for 1 year (86) and nobody bought them. So they're really uncommon here. Plus, old bikes, they just keep getting dearer. I remember pulling a 750/4 K1 out of the dump years ago and swapping it for a trailer. Not no more...The retro shops (Deus etc) are importing SR400 and 500 and selling them for $6000+, stone stock. There's just no CHEAP worthwhile bikes here anymore.
I had to pay $3500 for my '86 with 32000 km on it. I'll get 5500, 6000 if I go to sell it now. I'd love to bring a crate of them over, at $650 ea. You got it so good....

Title: Re: 2006 S40 value.
Post by Jen on 10/05/13 at 02:35:32

I paid $2100 for a 2006 with 3700 miles that needed brakes and a turn signal (~$200 at the dealer). I thought that was a good price. I bought it in PA. In NY, where I live, they are $3500 for the same bike.

Title: Re: 2006 S40 value.
Post by justin_o_guy2 on 10/05/13 at 09:46:11

I think 1600 is a fine deal..

I sold my 2005 w/ dented tank/20,000 miles ,welds on the pipe, $2,500.
It does have a Supertrapp & Stage 1 Cam, so,, I think the guy got a real deal.
$1,600 for an 06? Id do it,, even with the miles,, IF its a dealership, then Id wrangle a cam chain into the deal. Maybe buy the part, they provide the labor,,
Thats IF it needs one,,

Title: Re: 2006 S40 value.
Post by bukkake_warrior on 10/07/13 at 04:57:56

I would love to be a fly on the wall ,
When he asked for the new cam chain plus the cost of labor , if his dealership is anything like the ones around here , they'll just laugh in your face. Just wait til the dead of winter around Christmas time , people get hard up and sell great bikes for cheap...

Title: Re: 2006 S40 value.
Post by Pine on 10/07/13 at 07:25:44

Still learning I guess. I would have thought, a newer bike at a dealership for $1600, isn't a bad deal. I paid $1950 for a 2003. Of course it only had 475 miles on it.

Your best deals will be about January ( around here). Christmas is over, its cold and wet out... people are ready to unload the bike and pay for Christmas bills. Winter blues. By April - March the prices start their spring time rise and stay strong up to October. Cycle repeats. A patient guy could probably make some change if he had a place to get and store the bikes.

To me, a running bike always has some value ( no not $1 per cc). Though areas have different acceptance of bikes. A clean running ninja 250 is always worth at least a full months welfare check. A clean running HD is always worth a months retirement check. ;D
Central MS is not full of Savages ( though there are some), so generally either guys think they are a neat almost motorbike, or dismiss them completely.

PS: been out sick all week- thus few if any posts from me

Title: Re: 2006 S40 value.
Post by latony007 on 10/07/13 at 11:56:54

I don't know how bad that is, I don't think it would have been horrible had they don't the services, but I think you can find a better deal, mostly with lower miles. I paid 3000 including tax etc. through a dealer for my 2009 with 1800 on it. I was pretty much emaculate except a scratch on the side of the tank.

Title: Re: 2006 S40 value.
Post by Arnold on 10/07/13 at 12:02:10

I'm in NY too and bought my 96 at a dealer a few years back for 1800. Bone stock with zero issues.

Title: Re: 2006 S40 value.
Post by Rush-rks on 10/07/13 at 12:32:18

In July I bought a 06 with 4100 miles on it for 2 Grand even. That is here in southern WV. After some accessories, little minor maintenance no modding...yet. And two new tires I have this: