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Posted

coming to the pros for this answer........need for legal documents..:whistling:

 

valu on the bike......04 midnight.......53000 miles.......has additional chrome and lights..no damage, never dropped....but that crack or split in front left lower cowl fairing or whatever its called...lol

 

kbb tells me retail 9080

trade in 6350

but doesnt ask miles or condition

Posted

I would think the courts would go with KBB. Do you have any receipts for the purchase of the extra chrome? Might be able to get more with that, especially since they just love documentation. Good luck sweetie.

 

Margaret

Posted
OK...just my opinion and I hope others will help out here. I'm going to say between $7500 and $8000.

 

I would agree these numbers would be market pricing.

 

Brad

Posted

Cinderella,

 

Thinking about what this is likely for, I would go in with either retail value for everything, or trade in value for everything - whichever is to your advantage. Let them challenge the valuation.

 

When I was going thru this issue, I worked out an evaluation for all the assets I kept and the assets the ex ended up with. Of course, the evaluation for all my stuff was trade-in / garage sale value. All her's was at retail (or really close). Wasn't even challenged since I had lots of documentation (that, thankfully, they didn't review but were impressed by the number of trees required to print it all).

 

Good luck.

 

Jeff

Posted

Since it appears that it's neither for sale at retail nor being traded in, I would guess that the mid-point of the two numbers would be the one to go with, roughly $7,800. I would guess that would be the least controversial number.

 

Good luck!

Posted

Yah, Don's estimation sounds fair. Unfortunately, when it comes to resale time, the chrome goodies don't really do much for the price, but do give it appeal to the buyer...

 

If you are selling, start out at 8500, you can always come down. If you are buying, lowball at 6500 and go up.

Posted

Too bad you can't learn to ride it and keep it!

 

Isn't the old saying the one who wins is the one who gets all the toys !!!!!

Posted

What any of us say is pretty well useless for your purposes. The court will go with kbb because they are the nationally recognized authority. Go with the high retail print it out thats what the court will use. Good luck.

Posted
What any of us say is pretty well useless for your purposes. The court will go with kbb because they are the nationally recognized authority. Go with the high retail print it out thats what the court will use. Good luck.

 

If you are valuating your bike, go with trade-in value. If you are valuating the other parties bike, go with high retail.

 

IIRC, the value for this purpose is based on what you could get immediately (trade-in value). However, that may or may not be to your advantage.

 

RR

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