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Message started by hollisjohnson on 09/08/15 at 15:17:21

Title: 2006 S40 - Buying Used
Post by hollisjohnson on 09/08/15 at 15:17:21

Hi guys,

I'm new to the forums but everyone here seems super helpful and happy to give some advice and tips. I'm looking at purchasing a 2006 S40 this weekend and I was wondering if there are any general problem areas I should be on the look out for. I had a quick browse of the forums but couldn't find anything, my apologies if this topic has already been discussed.

She is asking $2600 CAD which is about $2000 USD. I talked her down from $3K. The bike has about 8000 miles, saddle bags, regular maintenance etc. The seller has moved to another province and hasn't had the time to ride it. Her dad has been taking care of it and winterizing etc. She's had the battery changed once and both tires done and says no 'blue-ing' on the pipes. She is the second owner.

I'm really excited about the potential of owning the bike (it would be my first) but want to make sure I'm getting a good deal and have done my background of it. I'm not super knowledgeable when it comes to common issues so any and all advice is appreciated. Look forward to coming back here and learning more about the bikes and community.

Thanks,  

Title: Re: 2006 S40 - Buying Used
Post by verslagen1 on 09/08/15 at 18:32:34

check out the buying tips in the tech section index.

Title: Re: 2006 S40 - Buying Used
Post by hollisjohnson on 09/08/15 at 18:33:12

Thank you - Will do

Title: Re: 2006 S40 - Buying Used
Post by hollisjohnson on 09/08/15 at 18:55:40

I've found one a little closer to home and looked through the forums listed on buying tips (thanks verslagen1) - This model is a 2005 with only 1200 KMs, but the owner maintains he got a car accident and has taken regular care of it. Serviced, rode every year (not much) and has been inspected and approved for another 2 years in our province. I'm wondering if this is cause for concern? He's asking $3500 CAD.

Title: Re: 2006 S40 - Buying Used
Post by JutMan on 09/08/15 at 19:13:36

Live in PA and spent a lot of time on craigslist, i got my 2005 with ~ 3K miles for $1500.  Maybe I got the deal of a lifetime, not sure. I have seen brand new ones on sale for ~$4500 so if you are going to drop that much buy a new one.
Don't rush and keep looking, jump one one quick and seal the deal when you find your price point.

Title: Re: 2006 S40 - Buying Used
Post by MnSpring on 09/08/15 at 19:55:12

You can buy a  NEW one in the US, for about 4,500.00 almost anywhere.
Thats, -0- miles.

In  Canada, this time of year, for the 2006,
I would wave, 2,000.00 (Cash), Canadian dollars,
and say:  “take it or leave it”

Title: Re: 2006 S40 - Buying Used
Post by jcstokes on 09/08/15 at 23:50:30

Canadian retail is $6199 new. It's a good looking bike but it's nine years old.

Title: Re: 2006 S40 - Buying Used
Post by hollisjohnson on 09/09/15 at 07:49:46

Yeah we started at $2600 (that was the price for the one I originally posted about) but the market where I am (Nova Scotia) seems to be pretty consistent with these prices - Also I would be saving on renting a truck and going to another province, gas etc.

The lowest advertised I've seen has been $3000 and some people are looking for $4000-$5000. Our dollar is horrible right now compared to the USD but the $3250 would be aprox $2400 USD.

Title: Re: 2006 S40 - Buying Used
Post by Dave on 09/09/15 at 08:23:07

It is hard to compare prices from State to State here in the US.....and impossible when comparing different countries and currencies.

The selection of bikes in the Cincinnati Craigslist is great - but asking prices tend to be higher than the same bike in the rural areas.

Still.......if you watch the adds for several months, have cash in hand, and are able to commit quickly - you can find a good deal on a great bike.  If you want a clean bike and intend to keep it that way - spend a bit more and buy one that is not corroded or rusty.  It is expensive and time consuming to try and polish them back once the bike has corroded.  If a bit of corrosion and rust doesn't bother you.....then you can most likely get more of a bargain and find one that has been sitting for a while (It all depends on your mechanical abilities and what you want the bike to look like).

Title: Re: 2006 S40 - Buying Used
Post by hollisjohnson on 09/09/15 at 08:25:53

Yeah very true. I'm going to take it for a ride on Thursday, check it out and see if I can get him down to $3000. If that's the case I'll likely take it - especially looking at the used market around here the last few months.

Thanks for all the help suggestions guys.

Title: Re: 2006 S40 - Buying Used
Post by zipidachimp on 09/10/15 at 13:39:57

Hollis: I paid can $2900 last year for a '08 with 8000 kms. Craigslist Vancouver has an average price of $3500-$4000 for .09-10's low kms. Take it for a run, then grab it! 8-)

Title: Re: 2006 S40 - Buying Used
Post by justin_o_guy2 on 09/10/15 at 15:17:28

It's ten years old. Seven hundred miles. There is
Low mileage
and there's
Documented neglect.
I think he's trying to sell a 2012 model, not an 05.
That's too much money.
I wouldn't, even if it starts and runs good. The cam chain has sat and sat and oil drained from the crucial pin and plate pivots, and started, and allowed to sit again... I would have to have a really good price..

Title: Re: 2006 S40 - Buying Used
Post by chzeckmate on 09/11/15 at 00:28:03


1C3F022123383F36510 wrote:
I would wave, 2,000.00 (Cash), Canadian dollars,
and say:  “take it or leave it”


[ch8593][ch8593][ch8593][ch8593][ch8593]I would do exactly what he said[ch8593][ch8593][ch8593][ch8593][ch8593]
I wouldn't even consider the '05.  Very low mileage makes for a lot of potential issues.  Go check out the '06 and put 2k in $20 bills in front of her and say, "I've still got to transport this home".  Settle on $2,200-$2300 and be a proud owner.  With the saddlebags and new tires, you're getting a fine deal at that rate.

I wouldn't fault you for paying the $2,600...New tires is worth about $400 CAD.  If you can't negotiate less then you'd be fine at that price.

Title: Re: 2006 S40 - Buying Used
Post by Sonny on 09/12/15 at 01:32:37

I recently bought a white 2007 in Dallas TX with 6100 miles, $1600 US. It needs front disc pads, maybe new rear wheel bearings (Koyo sealed, $30 for two), a few small things. I put a $25 Raptor petcock on in though the vacuum tap was still working. Maybe $100, $150 and it will be dimed. Bike runs and rides great. Super clean cosmetically, too. I looked at every possibility in DFW for 6 or 8 months, and I will not buy from passion, only a clearly good deal. Patience is worth $$!

My black '87, I bought filthy and neglected for $500, spent $600 restoring it.

The S40 is slick. The '87 Savage is soul music on 2 wheels, like a BBQ sausage sandwich you can ride...


Title: Re: 2006 S40 - Buying Used
Post by Sonny on 09/12/15 at 01:34:18

The $1600 S40:

Title: Re: 2006 S40 - Buying Used
Post by jcstokes on 09/12/15 at 01:52:24

One of the best colours they had Sonny.

Title: Re: 2006 S40 - Buying Used
Post by Sonny on 09/12/15 at 02:07:58

I think so as well. It's not a plain white paint at all -- there's a pearlescent, sort of a micro fine metalflake in it, gives it softness and depth.

They do this with the factory finishes. The '87 looks like a clear, deep black but if you look closely there's a super-fine gold flake in there, too. It adds a subtle sheen.

I like the orange and black 2 tone from recent years, but I couldn't find a good one. They're out there, though, sitting in garages, the clock ticking down toward Craigslist..  8-)


Title: Re: 2006 S40 - Buying Used
Post by engineer on 09/12/15 at 06:14:25

The group here is mentioning some low prices compared to what sellers are asking where I live.  But the riding season is coming to an end and that does lower the market value.  In fact it is hard to sell a motorcycle this time of year even at bargain prices so I would go with those advocating low offers.
 
I have a 2005 with about 4800 miles and it has no age or mileage related issues at this time.  The only maintenance expenses other than oil changes were front brake pads, battery, air filter, and tires.

Title: Re: 2006 S40 - Buying Used
Post by justin_o_guy2 on 09/12/15 at 08:12:59

Sonny , you straight up Stole the white one..That's a good deal.
If it's got stock rear signals, most likely never even been dropped in the yard. Those things are flimsy, but, if ya gather up l the parts and are good with epoxy and wire, they will fix and look good. On a casual walk by, not even noticeable.

Title: Re: 2006 S40 - Buying Used
Post by Sonny on 09/12/15 at 09:17:13

Yes, I didn't intend to discourage HollisJohnson. I was ready to spend $2500 US on a clean used S40, but I couldn't find one that was sufficiently issue-free, or there was something jicky about the seller or some other factor making me nervous.

Neither one of my two Savages has been down, best I can tell.

This is a good time to buy a MC, and I would think an even better time in wintry Canada than down here in Texas. I await hearing about Hollis' new ride.

Dealers feel the pressure to close deals before cold weather hits, too. It hasn't been a good year for sales in general I don't think. I have been tire kicking Kaw Vulcan 900s a little bit, somewhat interested, and my local Kawasaki shop has their new bikes marked down substantially.

It just pays to be cautious lest you drop a wad and then find out you have a lot more work to do 'cause you didn't catch something. People here say and it's true: low miles on a 5 or 10 year old bike implies its own set of problems  due to sitting and biodegrading.

The most important question is, was a bike broken in carefully and not run to redline on every shift. For that you size up your seller, you look at the spark plug and put a finger up the exhaust and see how clean it comes out, look at the oil, ride and listen. Because let's face it: a lot of people have no mechanical sense or sympathy  and they abuse a bike til it has problems they don't want to deal with, then put it on the block and sell it. If there are enough dubious signs to make me want to compression test it, I'm going to pass on that one.

But the sunny side is, if you enjoy getting your hands dirty and have access to know-how from a resource like this forum, the things that made someone sell the bike may not be that big of a deal to fix.. may be fun and rewarding to fix!

Title: Re: 2006 S40 - Buying Used
Post by Sonny on 09/12/15 at 09:36:31

Have y'all ever seen that youtube of a guy riding his S40 around town and not shifting it out of 1st gear? Five minutes of horror recorded on a GoPro! And then all the comments: "SHIFT, man, SHIFT!"... "Please please, pull that lever on the left and lift up with your toe, man!"... "OMG, what are you DOING???"...

And of course, that bike was soon for sale, you can just take it to the bank. And some unfortunate soul thought it was clean and bought it...  :-[

Title: Re: 2006 S40 - Buying Used
Post by justin_o_guy2 on 09/12/15 at 14:45:50

Take a flashlight and small inspection mirror. Look in the tank.

Title: Re: 2006 S40 - Buying Used
Post by hollisjohnson on 09/13/15 at 07:47:13

Hey guys,

I ended up grabbing the bike. Took it on the highway, inspected it, had a friend come and do the same, very clean all around. The guys selling it had 4 bikes in his garage and knew his stuff. It had just recently passed the motor vehicle inspection and he gave me the shop owners number, called him and said he had it in every spring and fall for annual maintenance.

I'm very happy with it and appreciate all the help from the community hear. I'm planning on changing the exhaust over the winter and getting the most of it come Spring. Although we've still got a solid 2 months of riding in Canada if you're willing to bundle up.

Took it for its first spin with a friend of mine yesterday, was great.

Title: Re: 2006 S40 - Buying Used
Post by Sonny on 09/13/15 at 08:22:50

Right on! Keep the rubber side down (or up, depending on the direction of gravity.)

Hey, I thought you were in Canada! I thought that's what it looks like down under, in Aus / New Zealand! Regardless, good looking ride you have there.  :D

Title: Re: 2006 S40 - Buying Used
Post by justin_o_guy2 on 09/13/15 at 09:21:51

You can't post that picture in this section of the forum.

Title: Re: 2006 S40 - Buying Used
Post by justin_o_guy2 on 09/13/15 at 10:38:25

You know I'm jerking your belt, right? You have the Rubber side up,
this is
Rubber side down.

Title: Re: 2006 S40 - Buying Used
Post by jcstokes on 09/13/15 at 12:15:28

No, he's in the northern hemisphere, things are all upside down there.

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