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Old 12-01-2008, 01:26 AM   #1 (permalink)
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Default The right price for a CBR1000 04

Hi Guys,

Am planning to buy a CBR1000, 2004 done about 4.5k on the clock. The seller (an individual not a dealer) is quoting me 700k and not willing to negotiate at all. Personally, I feel its a bit too much and the bike should be in the 5.5 - 6 range. However, the owners logic for the high price is that the bike's got strong paperwork i.e. imported through TR (so no duty evaded) and done very little and also got a brand new pair of wheels (corsa's). My questions are

a) Is the price right?
b) Can I get the bike transfered to my name as more than 2yrs?
C) Can the machine be insured?
d) Could there be a catch? Is there something in particular I need to look out for in the machine?

Saw the machine cpl of months ago and seemed in good condition. Although am gonna get it checked professionally again and also the paperwork, I am just so blinded by the beauty right now that cant think rationally (am sure some of you would understand) so looking for some objective advice as the money involved is too much.

700k still looks cheap when compared with 11.16 for a R1.

Gracias..................!
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Old 12-01-2008, 07:13 AM   #2 (permalink)
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Topic Approved.

I would strongly doubt that the proper paperwork is available for such a bike, kindly check that as that should be the top priority. A gray market bike will always be a gray market bike; I would highly doubt the genuineness of such "strong" paperwork. Rest everything is pretty okay, it is the documentation part that you should be most concerned about.

As for the asking price of Rs.700,000/-, I won't be able to comment personally as I do not have much experience of the pricing of second hand SBKs, but there are people here who would be able to help you with this as well. But, on first glance, '700,000' does seem a little steep for a 2004 1000RR.
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Old 12-01-2008, 08:07 PM   #3 (permalink)
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hey Aryan thanks a lot for the heads up. Guys if anyone else could also share some wisdom, please do so.............
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Old 12-01-2008, 08:18 PM   #4 (permalink)
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Quote:
Originally Posted by wikid mind View Post
hey Aryan thanks a lot for the heads up. Guys if anyone else could also share some wisdom, please do so.............
i think it is a bit expensive......5.5 - 6 is the correct range...but then again it has run less miles too !!!
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Old 12-01-2008, 08:27 PM   #5 (permalink)
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buddy if you have the pic of the bike then please post it. it may help you a bit more as the experts would be able to comment on it properly.

cheers
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Old 12-01-2008, 08:55 PM   #6 (permalink)
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@wikid:
for d) Could there be a catch? Is there something in particular I need to look out for in the machine?
dunno if you checked these threads:
http://www.xbhp.com/talkies/superbik...nto-india.html
http://www.xbhp.com/talkies/coffee-l...superbike.html
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Old 12-01-2008, 09:14 PM   #7 (permalink)
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To give u an idea, a CBR600RR which was very very well maintained was picked by someone I know for 6L 1 yr ago with full spot on papers. Normally litre bikes have almost the same value as 600s. So for a 2004 CBR, something around 5L should be perfect.
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Old 12-01-2008, 09:56 PM   #8 (permalink)
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My friend's CBR 1000RR 04 version is valued at 6.25-6.5L It has done about 15K kms.[my avatar]

So actually a 4-5k on 7L bike is a really nice deal! Some sbks which have clocked similar are sold at more price man!
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Old 12-01-2008, 10:35 PM   #9 (permalink)
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Hey wikid mind be care full while buying second hand SBK caz 3 month's back one of my friend bought a BMW Dakar 650cc (2003 Model ) & still he is not able to transfar the bike on his name it's Karnataka ragister but for transfar @ Mumbai RTO people asking for Original Invoice of the bike (which owner also dont have caz it's a gray market import & if u dont have Invoice RTO prople will decide the value of that bike as per there calculation for octroy(dont no abt delhi is there any octroy charges). I would also suggest to show that bike to any good mach
one more thing i would like to share is last week i check with imported bike dealer(they are plenty here & u found price difference with every dealer up to 10000 to 30,000/- ) here in mumbai abt new CBR600rr he quote me 7,50,000 & for Yamaha R6 8,00000/-(one second hand FZ6 2004 make for 490000/-) so check tht also with some dealers in delhi its always good to go for new one if ur ready to pay 700k for 4 year old model
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Old 12-01-2008, 10:42 PM   #10 (permalink)
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well if u ask me a 2004 CBR is valued at 250000 - 300000 inr ....


in dubai !!!
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