I have an 05 ninja ex 500. It's blue and has 8000 miles on it. The bike is in perfect condition. It has been broken in well and has nevre been in an accident. I think the lowest i should go is 3600 dollars for it. Should i accept lower? Someone told me it is not worth retail over $3100. However trade in is $2500. Any input would be greatly appreciated. I am in Charlotte NC.
No really. There is http://www.nada.com and also http://www.kbb.com for all your pricing needs - they even use your zip code to determine a price for your area.
Have fun!
“People demand freedom of speech as a compensation for the freedom of thought which they seldom use.”
- Soren Kierkegaard (19th century Danish philosopher)
Pinning a value on a bike can be difficult. If it's priced lower than similar bikes in your area, it'll sell quickly. If it's higher, you may have to wait around for the right buyer, if you don't want to reduce the price. It's a personal choice.
That said, $3600 doesn't sound unreasonable for a year old EX500 with 8K miles. In my area, KBB average retail is over $4,100.
EX500s (like EX250s) are very popular bikes. I would think that a relatively new one, in good condition, wouldn't stay on the market for long at $3,600, unless you live in the middle of nowhere where there is only a small demand for bikes.