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How much is my motorcycle worth?

There's your motorcycle, out there for everyone to see. You're selling or trading it and you don't want to get ripped off. Just how much is your motorcycle worth, and how do you figure that out?
Some sellers overestimate the amount that their motorcycle is worth when preparing it for sale and then wonder why no one is responding to the ad. Others miss out on at least a little profit by pricing their bike too low. It is only after the motorcycle sells very quickly that they realize that perhaps they could have asked for and received more money for their bike by choosing a more competitive price.
It's important to determine what a fair price for the make and model of bike you are looking at would be. It's easy to figure out when a motorcycle is priced way too low. At that point, you're probably wondering if the bike has all of the proper parts. But unless you're an expert in the motorcycle business, you're not going to know exactly how much a motorcycle is worth.
The main factors that should be considered when setting the price of a used motorcycle are the age of the motorcycle, the make and model, the condition it is in, and its location. It also helps to have something that is “official” to go by. Those who buy and sell used motorcycles have a couple of references they can use which are practically considered the “bible” of buying and selling any kind of vehicle. These references are called the Kelley Blue Book and the National Automobile Dealer’s (NADA) Association Guide.

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