No experience with selling a bike but going to the dealership to sell your bike for another is a no no.
If you're not in a hurry I'd use the FB Marketplace as an avenue for sale as would use Craigslist.

I'd even go to the MT03 forums and give it a go.
Im sure someone will eventually pick the bike up at the asking price.
Have the bike in pristine condition for sale with any relevant paperwork that goes along with it.

Patients is the key to success.

 

No experience with selling a bike but going to the dealership to sell your bike for another is a no no.
If you're not in a hurry I'd use the FB Marketplace as an avenue for sale as would use Craigslist.

I'd even go to the MT03 forums and give it a go.
Im sure someone will eventually pick the bike up at the asking price.
Have the bike in pristine condition for sale with any relevant paperwork that goes along with it.

Patients is the key to success.

Its on FB and craigslist, but didn't think about the mt03 forums. Ill give that a shot for sure. Im in no hurry, its just sitting in my garage. The 4rr is just so much better that I really dont even think about the mt haha. Point taken on trading in, i wont try that again lol. Thanks for the input!

 

Used PDI fee ?

 

I can understand tax + doc fees on top of what's listed for a used bike... but a PDI fee.... next you'll find a $40 fuel surcharge for your free tank of gasoline or maybe an insect removal fee for cleaning off the headlight before it hit the showroom floor.....
I guess that's why step one is always to ask for an OTD quote. After that I don't care what's bike, tax, fee, graft, or whatever... my checkbook only sees the OTD price. 😅

 

Yea if that was listed on the website as the asking price, i wouldn't know any better. Or like all the new bikes always list MSRP PLUS setup and destination very clearly online. But 400 dollars? What could a grom with less than 1k miles possibly need thats worth 400 dollars? O well, lesson learned, luckily it only costs me a short trip and an hour of my time. When I bought my 4RR at the dealer, it was painless. No suprises or random BS fees. It was a different dealer from the town i used to live about 3 hours from where i am now.

 

Never traded in a bike because they pay so much less than what the Craigslist folks will cough up to take it off my hands.

 

That's a load of shit. A $400 used PDI fee (more than 10% of the bike's value) is just jargon for "let's fuck this buyer as hard as we can".

Never sold a bike to a dealer, but I've rarely heard that it's an enjoyable experience, and it is ALWAYS in THEIR best interest to give you as little as possible for your trade in. Just be patient, and sell it privately. It'll be worth the time spent. Like you say, you'll get more action closer to Spring.

 

Patience it is lol

I havent bought a lot of cars, but ive had some good experiences at dealers. It looks like motorcycle dealers are much different.

Thanks guys

 

So they are only looking at the whole sale price, then low balling you on that. Each year you lose about 20% of the value until the eventfully the price will level out. Retail on the used market at the low end would be $3500.00. Close to what you saw online. Most likely $3900 on the high end. The dealer has a guide line on the whole sale price. Most likely around $2800.00
Remember everything can be negotiated with the dealer. Just try and see what happens. Having a loan to pay off is not in your favor. Might be better to make a couple of lump sum payments on the MT and get the balance down if possible.
Remember it's a "want" and not a "need" and the dealer knows that.

 

My mt03 is paid off and I let them know that I didn't expect to get full retail on my trade. I was floored with their lowball lol. When I asked if there was any room, the said any discount would pretty much negate any profit they had, and they couldn't offer any more on my trade. Very weird especially for December/end of year to move another unit. I figured they either didn't want my MT, or they have had a good December for sales.

 

Used PDI fee is very common.
Dealers will be Dealers

I had an easy time selling a Beemer, to a BMW Dealer. They gave me almost double, what the Kawi Dealers wanted to pay and I had a check in-hand within 15min.
They resold it, in under 2 weeks, for $4K more, although they did put new tires on.

I could have got that extra $4K myself, if I listed on BaT, but thats more time & energy, that I was grateful to avoid.