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Personally, IMO, I don't think there are enough of these things in existence, let alone enough sold per year, to put much credence in KBB, or NADA for that matter. If I found the one I want for $3620, then I'd be all over it like Miley Cyrus on a sledge hammer. $5600 seems about average for what I've seen advertised from dealers.
Of course it's all dependent on 1) condition 2) mileage 3) accessories 4) market - not necessarily in that order. Personally, I'm shopping for a 1500 myself, and I'm looking a LOT at the more expensive accessories that I know I want. For example, I see some bone stock machines for lets say $6000. There is no way I will want to buy that when I see other bikes with bags, 2-up seat, windshield, etc. (this stuff is expensive) for the same $6000, maybe even with a few extra miles. Like you, I'm targeting 20K, but I'd actually consider more for the right bike. I don't put as much importance on little stuff b/c I might change a lot of it anyway, an like tires, b/c they wear out anyway.
IMO, if you can get a 1500 with the "major" options you want, in great condition, with 15-20000, it will most likely be advertised for $4-6000 (at least that's what I'm seeing right now). 'Course, prices may decrease some over the winter, but I've found that there are far fewer listed over winter it seems.
Not to say you can't find a GREAT deal - that's what I'm looking for, because I don't have to buy one right away. Maybe we can both find a deal like Troll if we are extremely blessed. Ask him about the steal he got sometime. I'm sure others have found great deals too.
I meant what was a fair asking price by a dealer. I see the KBB retail value for a 2000 1500 is $3,620. A dealer in TX has a nice 2000 1500 for $5,600 which I thought was kinda high...
I'm not sure what you mean by "dealer price" - trade in value, or dealer's asking price?
I've been shopping kind of hard for a 1500 lately, and I've seen then advertised, both privately, and from dealers anywhere from $2500 (with problems) to $9000. The vast majority of them are from $4000 to $7000. Most of these are towards the higher end, especially the dealers.
I always figured something was worth exactly what you can go by another one just like it for...
I'd like to hear what people think a fair dealer price is for a 2000 Drifter 1500. Assume good overall condition and approx 20,000 miles on the clock.
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