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Thread: Quick Q- Acceptable price for a 98 blade!

  1. #1
    Addicted James's Avatar
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    Question Quick Q- Acceptable price for a 98 blade!

    Hi guys,

    Ive located a 98 blade in fairly good nick and would like your thoughts on the price i should quote.

    Some details:
    -1998 cbr900rr
    -Blore registered with a printed RC(bike is in the current owners name)
    -Definately not a clean bike(with regards to duties-Undervalued)
    -The only other available paper is a copy of a huge sheet of paper thats either a bill of lading or some duty calculation paper. it basically has the breakup of the costs and duties applied. again, its a photostat and not the original paper.
    -New set of tyres will be given with the bike.
    -The engine is smooth.. no knocking when cold or very hot.
    -Doesnt overheat
    -Clutch plates and front brake pads would need to be replaced but not immediately.
    -Front fork oil seal is busted(one)
    -She goes in a straight line when the handles are left.
    -Batt is around a year old
    -Bike has definitely not been crashed but i noticed some tell tale signs of it being dropped at a very slow speed.
    -Bike seems mechanically sound.

    Now the paperwork doesnt really worry me much but the price does! he is quoting 3.5L for it and i feel its a bit too high. Or as Rossiter put it- Its a LOT and a LOT is an understatement!! LOL

    I intend on keeping this bike for a long time and would be working on it pretty much by myself.

    Do chip in with your thoughts.

    Thanks!
    Last edited by James; 09-25-2011 at 02:04 AM.
    85 RD350
    98 900rr Fireblade
    01 rx 135 5spd
    05 zma
    06 Baleno
    09 SX4 vvt

    Owned-69'G2, 82'STD350, CI535, 86'RD350, 03ZMA, 07ZMA etc

    Baby sitting: Mivec Turbo aka the garage queen! LOL

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    Super Moderator Noor's Avatar
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    Thread approved
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    buddy i my self have a honda cbr600f2 and have previous owned a 900rr, the bike is pretty much trouble free, except a few electrical problems. Parts are easily available online, ebay, cheapcycleparts.com etc. Also another factor which i find good about these old honda's is that a lot wear and tear parts eg cabels, few electrical components can be replaced with local available Indian counterparts till the time you can get the OEM parts from abroad. So no need to be stranded for weeks waiting for parts
    Overall its not a difficult bike to maintain just watch out for the heating and check whether the fan kicks in once the temp needle cross the half mark.
    As far as the paper work is concerned, 99% the duty has been worked on undervalued price...but honestly i have not seen many old ( read pre 2000) bikes being confiscated by the dri. I have an acquaintance who is a senior inspector at DRI, i checked with him before picking up my F2, well according to him duty evasion is a crime whether you did it back in the 90's or recently, it was only a matter of priorities for them too look out for bikes which could get them highest revenues in terms of fines and duties, they are not actively looking at picking up any more bikes given the fact that this entire scene didnt end up making any serious revenue for the exchequer plus the additional burden these guys had to face because of media being involved. Bottom line is that the DRI is well aware of the fact that a lot of bikes are still plying w/o paying duties, but they choose to give it a blind eye and focus on important and bigger issues.


    PS: Price seems to be a bit on the higher side....

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    Addicted James's Avatar
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    Thanks for the prompt reply, Armeet. I agree with all the points you have stated. I had a 900rr for a while back in 2007 but it never belonged to me! It was the easiest bike to work on and very forgiving while being ridden.

    The good thing bout this particular bike is that the front wheel has been swapped out with a 17incher which will reduce the chances of encountering a tank slapper.

    How much do you think i could quote? a ball park figure would help!
    85 RD350
    98 900rr Fireblade
    01 rx 135 5spd
    05 zma
    06 Baleno
    09 SX4 vvt

    Owned-69'G2, 82'STD350, CI535, 86'RD350, 03ZMA, 07ZMA etc

    Baby sitting: Mivec Turbo aka the garage queen! LOL

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    TBH, depending purely on the age of the bike, i would not value it above 2L. Since you will be spending another 50-60k to give it a proper once over once you get it in your hands.


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  6. #6
    Addicted James's Avatar
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    Quote Originally Posted by jd666 View Post
    TBH, depending purely on the age of the bike, i would not value it above 2L. Since you will be spending another 50-60k to give it a proper once over once you get it in your hands.
    JD where can i find a blade at that rate?
    85 RD350
    98 900rr Fireblade
    01 rx 135 5spd
    05 zma
    06 Baleno
    09 SX4 vvt

    Owned-69'G2, 82'STD350, CI535, 86'RD350, 03ZMA, 07ZMA etc

    Baby sitting: Mivec Turbo aka the garage queen! LOL

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    Moderator Samarth 619's Avatar
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    Did it get an overhaul recently? By recently I mean around 2-3 years back? And how much has it run already?

    Considering a very modest 1 Lac kms running and no recent complete overhauls (since you didn't mention it) I think he should get around 2-2.5 Lacs.
    Because by the time you get it repaired and overhauled, it would take your amount to around 4-4.5 Lacs anyways. Engine parts are never cheap.

    Think about it man- you can't give 3.5 Lacs for a bike that requires further (un-estimate-able) work on it... can you?

    However, if there's no major overhaul required in future, 3L should be an acceptable price.

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    Addicted James's Avatar
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    Thanks, Samarth! The bike needs a bit of work but maybe to the tune of 10k. No mech will be involved as ill be doing the work myself!
    I picked it up this morning for a price similar to what you quoted. Its from a known person and was barely used. Its done around 20 genuine kilometers!

    Quote Originally Posted by Samarth 619 View Post
    Did it get an overhaul recently? By recently I mean around 2-3 years back? And how much has it run already?

    Considering a very modest 1 Lac kms running and no recent complete overhauls (since you didn't mention it) I think he should get around 2-2.5 Lacs.
    Because by the time you get it repaired and overhauled, it would take your amount to around 4-4.5 Lacs anyways. Engine parts are never cheap.

    Think about it man- you can't give 3.5 Lacs for a bike that requires further (un-estimate-able) work on it... can you?

    However, if there's no major overhaul required in future, 3L should be an acceptable price.
    A big thank you to Rossiter for his help!

    Mods, please lock this thread as it has served its purpose!
    Last edited by James; 09-25-2011 at 02:06 AM.
    85 RD350
    98 900rr Fireblade
    01 rx 135 5spd
    05 zma
    06 Baleno
    09 SX4 vvt

    Owned-69'G2, 82'STD350, CI535, 86'RD350, 03ZMA, 07ZMA etc

    Baby sitting: Mivec Turbo aka the garage queen! LOL

  9. #9
    Rusted kinshuk.arya's Avatar
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    Quote Originally Posted by James View Post
    Thanks, Samarth! The bike needs a bit of work but maybe to the tune of 10k. No mech will be involved as ill be doing the work myself!
    I picked it up this morning for a price similar to what you quoted. Its from a known person and was barely used. Its done around 20 genuine kilometers!



    A big thank you to Rossiter for his help!

    Mods, please lock this thread as it has served its purpose!
    did you buy the bike for 2.5 lakhs with 20km????
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    Busted fork seal and non-alignment of handlebar with bike direction indicate it's definitely been dropped, probably to the left.

    Everything can be fixed given the right mech, and I guess Bangalore has quite a few of them. However get someone to go over the papers and verify them. 3.5 lakhs may be a lot for a bike like that but what's an option to that? Crappy RDs exchange hands for 2+ lakhs nowadays...
    Who needs more than 70 bhp when you don't need to slow down for the corners?

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