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testpilot, there is some decent looking rides there, prices seem fair and right, some do involve travel to pick up the ride but it might be worth it, if you can swing time from work. Wish we had a national way of doing it but our Auto Trader.ca is not very good.
Go to cycletrader.com and do a search for Kawasaki Drifter. I found 24 listings from all over the country. Ten were for 1500s and the rest were 800s. You can get an idea of asking price range. When buying from a dealer you can usually negotiate 10 to 20% off of their asking price, depending on time of year, their inventory and even end-of-month when they want to hit a certain sales goal. When I bought my '05 1500 with 5,000 miles on it in 2011, they were asking $6,500. I got them down to $5,700 plus a really nice full faced helmet and new windscreen at their cost. It's my first motocycle and I've loved every minute on it.
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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