Newbie asking for price advice (2024)

I found this posting on my company's internal platform.
The person insists its a good deal, but I think the price is waay too much for a bike with 20K miles on it. Thoughts?

Looking to buy my first bike!

(I spent 6 months on a friend's Yamaha R3, so looking for something slightly more powerful than the 300cc tier.)

It was $6990 new 5 years ago. Seems seller is trying too hard to explain nothing is needed. ~7500 miles on a pilot road 5 tire with plenty tread left. I would be highly suspicious of that. If I were to buy a used 650 class twin again I wouldn't spend over $3500 unless the whole thing had upgraded suspension and brakes. I had an SV650 for 11 years. Ran several sets of pilot roads although never the 5 as it wasn't out when I had mine. Best I did was 8000 miles on a set of Road 3s.

To me at that price might as well get a new bike. JMHO. If buying used I would be looking for a Triumph street triple at that price. Insurance is probably higher though.

20k miles is not high mileage for a modern bike, especially if someone does maintenance.

KBB says $5k for 'Good'. Nada says $5500 avg retail. An unmolested unmodified bike with not-bald tires and a new chain doesn't come by every day.

That's a $4-5k(at most) bike.

https://sfbay.craigslist.org/sby/mcy/d/gilroy-2017-yamaha-fz-miles/7281225742.html
https://sfbay.craigslist.org/eby/mcy/d/hayward-2015-yamaha-fz07-mt07/7284324008.html
https://sfbay.craigslist.org/sby/mpo/d/hollister-2017-fz-07-yamaha-fz07-mt07/7284225573.html

For reference, I sold my single-owner FZ-07 for less than that asking price. One year old and under 15k miles. I thought everyone got a fair deal on that transaction.

Agree you should plan on buying a new rear tire.

Also account for the valve check that's supposed to be done at 26k miles.

Yeah $5k is as much as I would pay for a FZ-07, anything more you might as well get a new one, unless it has some very good aftermarket goodies on it.

The FZ-07 is a great beginner bike, it's not crazy fast but it moves pretty well and really light. Could use some better braking but it's adequate.

nich said:

(I spent 6 months on a friend's Yamaha R3, so looking for something slightly more powerful than the 300cc tier.)

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Can I be the old fart for a minute, and point out that this is terrible justification for getting something faster than a 250?

Not that getting something faster than a 250 is a terrible decision or anything, and the FZ's are pretty cool, but that's not really a great mindset for getting a faster bike. It's pretty unlikely that you're really getting everything out of the slower bike after 6 months borrowing somebody else's.

leave that good deal for someone else to buy

sniper1rfa said:

Can I point out that this is terrible justification for getting something faster than a 250?

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I second this

scootergmc said:

That's a $4-5k(at most) bike.

https://sfbay.craigslist.org/sby/mcy/d/gilroy-2017-yamaha-fz-miles/7281225742.html
https://sfbay.craigslist.org/eby/mcy/d/hayward-2015-yamaha-fz07-mt07/7284324008.html
https://sfbay.craigslist.org/sby/mpo/d/hollister-2017-fz-07-yamaha-fz07-mt07/7284225573.html

Click to expand...

Wow, that last one is a cream puff.... Or... https://sfbay.craigslist.org/sby/mcy/d/los-gatos-2016-fz-09/7289583850.html

HadesOmega said:

Oh yeah this weekend is Yamaha Demo Ride event at East Bay Motorsports. Should take the MT-07 for a ride if you've never ridden one. They have the MT-03 also. Hop on that R3 and go ride em.

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MT09? Always wanted to try one.

https://www.eastbaymotorsports.com/--rsvp

Wow. Awesome , thank you everyone. This is a great forum indeed.
Appreciate the kbb / craiglist / previous sales comparisions.
I tried to negotiate for $5k, but the seller didn't budge. Ok. I wished him GLWS and moving on ....

Also agreed that my skills are still noob level and I certainly haven't outgrown the 250cc tier.

And wow will try to make it out to the demo ride weekend!

Good call on skipping for that price. Even $5k is tad much. I sold my 2015 with an Ohlins shock and less miles for much lower that what the seller was asking (this was in 2018)

The MT-07 is a good step up from the 250 class. It's user friendly and won't kill you if you are level headed. Look for a clean low mileage one for $5k or less.