How to put a value on used farkles when buying/selling a bike

[Kevhunts]

How do most of you place a value on installed/used farkles? Items that are in great shape with only minor wear/tear?

 

[Kwatters]

Personally I would compare equal bikes and buy the one better equipped and possibly pay a bit more if it has what I want on it. What sends me looking elsewhere is when people try to sell their used vehicle for XXX dollars more than what it is worth and say "I have 5K in accessories on it" and they want 4k more than the vehicle is worth.
Sorry but accessorizing might make it more attractive but you shouldn't expect to get the money you spent back.
I am probably in a minority but you asked.

 

[Dogdaze]

I agree with Kwatters, accessories are what makes a bike your's. I has a value, but no where near as what owners believe it to be, perhaps 50% of new cost is about right IMO.

 

[jmcgilroy]

A large dollar item such as racks and panniers might swing a deal one way or the other for me. If I had to add them later, $1,500-$2,500 would be a deciding factor. But even then, they'd have to be in the style that I wanted. As an example, I don't care for side opening, clam-shell type luggage so they would have no value to me but other buyers might like them. Something like buying a house with a swimming pool...it doesn't add any value to the home but might make it more (or less) attractive to a particular buyer. Same with farkles, they don't add any value but may cause a buyer to choose your bike over the others he's looked at.

 

[fredz43]

I think he may be asking what price to ask on farkles that are removed from his bike and offered for sale? In that case, something like 50-60% is about what I have been able to get if they are in good shape.

 

[Kevhunts]

I think he may be asking what price to ask on farkles that are removed from his bike and offered for sale? In that case, something like 50-60% is about what I have been able to get if they are in good shape.

Thanks Fred and thanks to the op's.

50-60% is pretty much what I felt was a decent asking price.

 

[oldbear]

In my experience, if you are trading in a bike the dealer will basically give you the goose egg for accessories. I always strip a big I am trading in, and then sell the goodies for the aforementioned 50-60%--you'll make out much better that way. When buying a "new" (used) ride farkles will add a little value, but nowhere near 50%. Again, all things being equal, I'll buy a farkled bike over an identical one without the goodies, but I'll not pay a LOT more for it...YMMV

 

[Harry Dresden PI]

My experiences on selling a few bikes over they years ....

Most motorcycle dealers want the used bike to be stock when they sell it.

If you took all the accessories in a box texted to the stock bike the dealer may offer ~ 10 - 25 cents on the dollar for high quality accessories.

Private buyers for the most part seem to want all the accessories on the bike but want all the OEM parts available and put in a box.

Private buyers seem to give ~ 25 - 50 cents on the dollar for high quality accessories. Some private buyers only buy bikes with a lot of high quality accessories.

In a crowded buyers market the bike with high quality accessories may not sell for much more than those same models without, but they sell much faster

.....

 

[dietDrThunder]

If selling the bike, I'll part out anything on it that I can sell for more than $50 or so. Installed on the bike, the parts impart very little value and really don't make the bike any easier to sell. When people browse ads, they have a number in mind for what the bike is worth given year, mileage, and condition, and any number much higher than that negates any benefit as far as added attractiveness of the accessories.

If I"m buying, I have a particular set of accessories that I'm going to do to pretty much any bike, with there being some differences depending on what I'm buying. If a bike has high-dollar stuff on it that is the exact stuff I'd buy anyway, then I'll factor that into my decision. Apart from that, I'm not paying $1 extra for 'extras' that I don't care about, regardless of their perceived value.

 

[fred-houston]

I am always looking in the "For Sale" section for items that I want. My rule is I rarely will pay more than 50% of the new purchase price for any item. I figure if I am going to pay more than 50% of the value, I might as well purchase it new. So when I sell something I usually price it at 50% of value plus shipping.

 

[shrekonwheels]

The mentality surrounding used farkles is insanity to put it lightly.

. People want a base bike price regardless if farkled or not. To add to the craziness they then will go and farkle it out in A similar manner and cost themselves hundreds if not thousands more. ::010::
Then you have the above notion that used parts are only worth 50 percent, why not 75 percent? It's not like the typical a set of crash bars will have hit the ground so what makes their worth half? Answer nothing other than the modern westerner with Zero regard for their coin and the willingness to spend extra money they likely do not have on a whim.

This is why I refuse to Farkle anything, I only add necessities.

 

[fred-houston]

The mentality surrounding used farkles is insanity to put it lightly.

. People want a base bike price regardless if farkled or not. To add to the craziness they then will go and farkle it out in A similar manner and cost themselves hundreds if not thousands more. ::010::
Then you have the above notion that used parts are only worth 50 percent, why not 75 percent? It's not like the typical a set of crash bars will have hit the ground so what makes their worth half? Answer nothing other than the modern westerner with Zero regard for their coin and the willingness to spend extra money they likely do not have on a whim.

This is why I refuse to Farkle anything, I only add necessities.

If you noticed in my post I stated 50% is my rule. My opinion is if you own it and want to sell it, price it at what you want, but then again if I am wanting to buy it, then I will decide how much I will pay.

As for people accessorizing their bike, I personally never question it. It is not my money or my bike, so I really could care less what they do or how much they spend. You decided to spend zero, and I am one that will spend thousands. It is each to our own, and neither is right or wrong.

::021::

 

[shrekonwheels]

If you noticed in my post I stated 50% is my rule. My opinion is if you own it and want to sell it, price it at what you want, but then again if I am wanting to buy it, then I will decide how much I will pay.

As for people accessorizing their bike, I personally never question it. It is not my money or my bike, so I really could care less what they do or how much they spend. You decided to spend zero, and I am one that will spend thousands. It is each to our own, and neither is right or wrong.

::021::

I was just on my ::009::
Depends how bad you want to unload something, I just toss it on Ebay anymore for dirt cheap and let people bid stuff up higher than I wanted anyhow ) If not, it is gone and out of my hair.