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Looking at a 2001 Shadow VLX Deluxe with 10300 miles.

He is asking $2000 but the back tire looks like it needs replacing

Is that a fair price. The rest of the bike is in nice shape.

Thanks in advance for your responses

Depends on where you are, I guess. In my area, Kelly Blue Book says $2705 for a '01 VT600CD, and allows for 17K miles. If the tire is the only issue, in my area that would be a good price for a good condition bike.

BTW, if you're not familiar with it, here's an excellent guide to evaluating a used motor cycle. Hokey, old fashioned formatting on the web page, but excellent info: http://www.clarity.net/~adam/buying-bike.html