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Old 02-25-2008, 03:34 PM   #1
OnlyISay
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Post How much should I be spending?

Hey all,

I have been to visit a guy selling off of craigslist. The bike under the spotlight is a 1994 Kawi ZX-6e (Ninja) with 23,659 miles on it. The bike has had many upgrades and mods to it, including a full muzzy exhaust, new fork seals, new grips, new spark plugs, new seat, new turn signals and a few others. The bike has been laid down on both sides and the owner has replaced the broken lighs and are working perfectly now, the bike is solid other than a few cosmetics (the front fairing is damaged but he has one to replace it it just needs some paint). The tire treads are good and the bike fires right up...

I like the feel of this bike as it is an older sportbike and has already been laid down... now I can get over the imperfections and wont be as bummed when I lay it down (which i very well may). As a learner I just want your opinion on how much I should be willing to spend on a bike like this. The guy has an asking price of $2,500.

What would you pay the guy (and if you would never by a sportbike because they kill) how much would you value it as?

I have heard that this being an older bike my insurance on it shouldn't be too bad, true?
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Old 02-25-2008, 04:03 PM   #2
BrowningBAR
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Here's the thing, on a 1995 Kawi ZX-6 the average retail is 1,580 - $2,059. This was as far back as NADA goes. Now, if you combine what seems to be too much of an asking price, plus upgrades that may or may not have been professional installed, plus high mileage, plus laid down...twice, I would think twice. If you still like the feel of the bike, than offer $1500 and see what the reaction is.

Second, is this your first bike? If so, I would just go with an EX500 or the 250 ninja. Both used bikes can be had for the same that this guy is offering, but with far lower miles on it and a lot better condition. Both of these bike are worth keeping if you move up to a bigger bike at a later date. You can get a new 250 ninja for about 500 buck more than what this guy is asking and it comes with a warranty. I know that we generally say stay away from new for a first bike, but I would rather go new in this case than the used example you are giving.
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Old 02-25-2008, 04:09 PM   #3
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Quote:
Originally Posted by OnlyISay View Post
I like the feel of this bike as it is an older sportbike and has already been laid down... now I can get over the imperfections and wont be as bummed when I lay it down (which i very well may). As a learner I just want your opinion on how much I should be willing to spend on a bike like this. The guy has an asking price of $2,500.

What would you pay the guy (and if you would never by a sportbike because they kill) how much would you value it as?
You pays what you feels like payin'. Is it worth $2500 to YOU? Kelly Blue Book sez retail is $2875 w/average condition, stock, unmolested. (quote worth exactly what you paid for it)

The general rule of thumb is: things like aftermarket exhaust, paint, etc. - add little or no value to a bike.

And, it HAS been dropped.

Twice.

At least.

Quote:
Originally Posted by OnlyISay View Post
I have heard that this being an older bike my insurance on it shouldn't be too bad, true?

Kirk would probably know for sure, but a LOT of InsCo's go by cc's - and don't care what age the bike is. Hell, State Farm still asks if the bike is a Turbo (remember the early-'80s Honda CX500/650-T and its Kawi counterpart?), and has a surcharge-bracket if you answer "Yes". (as if one of those could come CLOSE to the acceleration of even an early/mid-'90s Supersport like the ZX-6)
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Old 02-25-2008, 04:14 PM   #4
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You can get a new 250 ninja for about 500 buck more than what this guy is asking and it comes with a warranty. I know that we generally say stay away from new for a first bike, but I would rather go new in this case than the used example you are giving.
They bumped MSRP of the quarter-liter mosquito-splatterer to $3499.

But, a savvy buyer could certainly own the payment-book on one for less.
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Old 02-25-2008, 05:37 PM   #5
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Old 02-25-2008, 05:52 PM   #6
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Whatever your therapist is charging you, it's too much.
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Old 02-25-2008, 06:32 PM   #7
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Without looking at the bike, I'd say the thing would be worth $2000-2300. "E" bikes are very old technology and if you look close you can find ZZR models for around $3k. The ZZR is the E bike replacement. The difference is the ZZR is rated as a sporttour bike with Progressive. That will save you a thousand dollars from just about everyone except State Farm. SF still uses a calculation based on age and cc size. Not all of their markets are the same though. In reality, if you go ZZR you could be in the house for around $500-$600 a year. With the E bike you'll be buying someone elses unwanted headache.
If you want to cap your budget at $2500 then look for a late 90s YZF600r. It's a better overall ride and has waaaaay better service intervals.
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Old 02-25-2008, 06:35 PM   #8
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If you've got money to burn and like that bike, than go for it. Personally, I'd stay away from it (though of all the 600cc sportbike, the 6e is certainly one of the better ones to use as a first bike). For well under $2k you can find a much better condition "first bike" that will be worth just as much when you want to sell it as it is when you buy it - unless of course you wreck it. These bikes are listed in many threads, all over the forum so I'm not going to rehash it here.

This Ninja has been beaten up, probably used for stunts, and likely abused. You really have no idea what to expect out of the motor, transmission, electricals...it could completely implode on you soon after purchase.

You do seem to have a good attitude about this though, so think about what you want out of your first bike and remember that it's your FIRST bike - and by no means your last. Good luck, and welcome!
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Old 02-25-2008, 08:30 PM   #9
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Don't question me in front of the children! You know what our therapist told you about speaking down to me!
Sigmoid Fraud there is a Flake! I demand you stop seeing him - I've my suspicions he wants you for himself.........
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Old 02-25-2008, 09:01 PM   #10
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Trannies are a weak point on the supersports. I'd stay away from a 600 that old. Yeah yeah, I know I'm going to get people telling me how many miles they have on their supersports. But the trannies won't take too many wheelies and this bike has been seriously abused. For all you know his favorite pastime was revving it up and dumping the clutch for burnouts. Without knowing the bike's history I'd never touch a well used 600SS. A broken tranny can easily cost $2000 to repair.
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