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Message started by hersh1992 on 07/22/15 at 20:33:19

Title: 2005 s40 for sale
Post by hersh1992 on 07/22/15 at 20:33:19

im selling my s40 650 bike
all stock very low miles
577 miles
im asking 2600.00
DO U THINK IM ASKING A FAIR PRICE

Title: Re: 2005 s40 for sale
Post by justin_o_guy2 on 07/22/15 at 20:43:15

Depends, got the original battery and tires?
Bet the petcock is trash.
Tank rusty?
If it's running, ready to ride, okay, maybe a little high, but, if it's a
Resurrection project, I think that's high.
There's a line between
Low miles and
Documented neglect
What are you selling?
Just my opinion, but im an old crank...

Title: Re: 2005 s40 for sale
Post by verslagen1 on 07/22/15 at 20:43:31

where?

Title: Re: 2005 s40 for sale
Post by Todd James on 07/22/15 at 21:19:25

As Versy asked: Where ? (Do you live)
Your location will affect demand.
I paid $2000 for my 2007 with 60 miles on it 3 years ago.
The price you paid for yours was a little less than that.
If you get $2600 you'll make a nice profit on your investment.

Title: Re: 2005 s40 for sale
Post by Dave on 07/23/15 at 04:06:27

The market for the S40/LS650 is a bit weird. Folks with money buy a new one at the dealer......folks on a budget look for a used one that is a bargain.

If the bike is very clean and like new, the price is most likely fair.....but not cheap. I bought my 2004 model in the spring of 2012 (8 year old bike) for $ 2,400 and the bike had 262 miles on it. The owner was a woman that was dating a biker and learning to ride....then they broke up and she stopped riding. The bike was always stored inside and it had no corrosion or scratches and was like new.

The market where you live plays a big part in what the bike is worth. In the Cincinnati area the prices are high - if I start looking at Craigslist posts for bikes in more rural areas the price is less.

Title: Re: 2005 s40 for sale
Post by hersh1992 on 07/23/15 at 04:38:29

I live in south jersey,
The owner had it garage kept
Tires in great shape no rust in tank
Petcock is good.

Title: Re: 2005 s40 for sale
Post by justin_o_guy2 on 07/23/15 at 05:24:09

Looks good, ride it around with a for sale sign on it.

Title: Re: 2005 s40 for sale
Post by JutMan on 07/23/15 at 05:43:21

Bought my 2005 S40 in PA with 3400 mi. for $1500 if that helps.

Title: Re: 2005 s40 for sale
Post by justin_o_guy2 on 07/23/15 at 06:01:43

I'd change oil and ride.

Title: Re: 2005 s40 for sale
Post by Dave on 07/23/15 at 06:30:56

Adds for bike in our Marketplace occasionally sells a bike - but not usually the top dollar ones. Most of our member already have bikes and are here for maintenance and modification reasons.

You would be more likely to sell the bike on Craigslist or eBay.

Title: Re: 2005 s40 for sale
Post by Boogie_with_Stu on 07/23/15 at 08:08:45

Your local Craigslist is the best tool you have for determining what that bike should sell for in your area.

"Ready to ride" is extremely important. A beautiful, clean bike that has just "sat" for 5-8 years IS a project bike. Carb work, tires, possible battery (tho the battery is only about $80). A complete tire change by a reputable dealer will run you between $300 and $500 depending on the brand of tire. Removing the carb and cleaning it, another $150 or so. Any buyer that knows Savages will know this.

My 2003 was sitting in a barn/garage for over 10 years with only minimal use each year. Needed tires and a battery, and a petcock. It had about 4000 miles and I picked it up for $1200. Local Craigslist showed it was worth around $1,800.

In my humble opinion, IF that bike is spot on clean and runs well with good rubber, it should sell for between $2,300 and $2,500. If it needs tires or doesnt run PERFECTLY, you could still get $2,000 if you put a lot of pics in the ad and write up the bike's specifics. Your price is higher than the price that local dealerships are selling that bike for (used, showroom condition).

Title: Re: 2005 s40 for sale
Post by squiggy on 07/23/15 at 09:06:09

I recently paid $2,200 for a 2007 with 2,000 miles on it.

Title: Re: 2005 s40 for sale
Post by LS650THUMPER on 07/31/15 at 17:21:25

I have the white 05 , bought it in 09. It had 440 miles paid 3495 for it. Now I have 25k plus miles on her. Try and get what you want. See what interest there is, if you get a reasonable offer then you can take it or leave it. See what others in your area are asking. Check year and mileage etc !! Good luck. Also Kelly blue book I believe has bike prices too.

Title: Re: 2005 s40 for sale
Post by LS650THUMPER on 07/31/15 at 17:23:34

Or check local dealer and see what they value it at. !!!

Title: Re: 2005 s40 for sale
Post by chzeckmate on 07/31/15 at 21:16:59

I'm really squeamish about really low miles on a bike that old. With no more information than we have already, I'd be a buyer at $1200 tops. I paid $1600 for my 05 with 10k miles. I then made the guy refund me $100 because it arrived with a weak battery and a broken turn signal (It hadn't been down. The shipper said the PO broke the turn signal during loading).

My point is that I paid more for an 05 with 10k on the odo than I would pay for your bike. The reasoning is that the bike with 10k on it has been loved and maintained. The bike with 577 miles has been sitting for reasons unknown for ages with little or no attention. If it wasn't made ready for storage properly then we've got real problems. It's just not worth it when I could go to CL or Ebay and pick up a bike that doesn't have these concerns for a thousand dollars less.

If you change the tires, hoses, clean the carb, change the battery, change the oil, show pics of a rust free tank, and add a good video of the bike running smoothly and putting out proper voltage, your price would be more than fair and I'd wager that you'd sell it on day one of your listing (depending on where you live and where you list).

*EDIT* I see the YUASA box and the WD-40 on the table. That's a pretty good indicator of something.

Title: Re: 2005 s40 for sale
Post by 1st2know on 07/31/15 at 22:29:09

Yeah, $2,600 is a fair price ... if your target buyer is new to motorcycling. It's a clean looking bike, that's the most important thing to someone entering the moto sphere: "How does it look?" (good job of detailing, by the way)

It will sell eventually (guess: < 60 days), and in that time you'll have to deal with lowballs and scammers.

As far as the mechanical condition goes, it shouldn't leak, smoke, or shoot sparks. It only needs to survive the test ride. Expect a new motorcyclist to bring a friend who's ridden for a while.

Then, as you may have noticed in this thread, people who are familiar with motorcycles and this motorcycle in particular, are not going to spend more than $2,000 on an S40, no matter what the year/condition. Why not? We know these machines sit up wet for multiple years in a row - 2005 with 600 miles? That's, to us, says 'garage ornament'.

So, yeah, as long as you know who your ideal buyer is, and you're patient, $2,600 is a good asking price. If some new motorcyclist bought this for your asking price(very possible), they'll love the machine and not regret the decision (unless it breaks down on them.)

Title: Re: 2005 s40 for sale
Post by markr84 on 08/12/15 at 21:09:58

I'm new, so take with what I say with a grain of salt.
I just bought my S40 3 months ago (a 2005 with 13k miles), for around $2500. In hindsight I should have done more research, but I'm happy nonetheless.
I think it's fair if you're willing to wait for the right guy, and it's been maintained.