Flip That Bike! (Honda Shadow 600)
Posted: Mon Jul 23, 2007 2:32 pm
A co-worker of mine has a "lady-friend" who has a 2001 Honda Shadow 600 Deluxe. It seems she was engaged recently and financed the bike for her future husband. Turns out he was a loser and stuck her with the bike and the payments. She just wants to get out from under it.
It will have a clear title in her name by the weekend. It has 11,that miles on it. Her father just spent over $300 at the dealer for a new battery, starter, plugs, tune-up, carbs cleaned, etc.
While I've yet to see it in person I'm told it's in great shape and runs fine; just needs a good detailing from sitting under a covered shed for a while after she "repossesed" it from her ex.
I'm not thinking about replacing my XS, just flipping it to make a few bucks. I can get it for $2,000. The guides say it's worth something in the ~$3300-3400 range, but perusing ebay I see a few that are not selling or meeting reserve at ~$2500-2750.
Think I could sell it for a profit?
It will have a clear title in her name by the weekend. It has 11,that miles on it. Her father just spent over $300 at the dealer for a new battery, starter, plugs, tune-up, carbs cleaned, etc.
While I've yet to see it in person I'm told it's in great shape and runs fine; just needs a good detailing from sitting under a covered shed for a while after she "repossesed" it from her ex.
I'm not thinking about replacing my XS, just flipping it to make a few bucks. I can get it for $2,000. The guides say it's worth something in the ~$3300-3400 range, but perusing ebay I see a few that are not selling or meeting reserve at ~$2500-2750.
Think I could sell it for a profit?