Motorcycle Blue Book Value Honda (2024)

FAQs

How do I find the value of my used motorcycle? ›

To find out what a motorcycle is worth, check out Kelley Blue Book and J.D. Power, which you can find through NADA. Both companies offer free values, which you can check on their respective websites, and both use sales transactions when calculating a used motorcycle's value.

The term “Blue Book Value” refers to the value of a vehicle by a guide known as the Kelley Blue Book. The guide not only lists the value of new vehicles, but it also lists used car values. Since the 1920s, the Kelley Blue Book has served as a standard within the auto industry in the United States.

The Kelley Blue Book—and its equally popular website—is one of the most trusted guides for automobile pricing, used by those who are buying or selling cars. Kelley assesses a wide array of different values to both used and new vehicles.

Global Sales At 18.5 Million.

In today's digital age, numerous online tools and resources can help you estimate your motorcycle's value. Websites like Kelley Blue Book, NADA, and Powersport Buyers offer reliable used motorcycle value tools. However, remember to input accurate details to get a more precise estimate.

Vehicle age, mileage, condition, previous claims, modifications and visible appearance are all going to be contributing factors. (ACV) or actual cash value is a great base to use. Actual cash value is replacement cost minus depreciation.

The resale value of a car is a projection of its market value. Model type, age, and condition are primary factors determining market value, with mileage, rarity, and equipment levels also contributing.

The Black Book value is essentially the wholesale or auction value of a car. Black Book sources pricing data from both wholesale auctions and actual vehicle transactions from across the country. They update or validate their used car prices on a weekly basis.

Kelley Blue Book cannot address each individual situation but can only give values for standard motorcycles in clean condition. Due to variance in condition, the value could vary from one extreme to the other.

What do dealers use instead of KBB? ›

While Black Book is mostly used by dealers, Kelley Blue Book (Not spelled Kelly Blue Book without the “e”) is mostly used by individuals looking to trade in or sell their vehicles. Since 1926, Kelley Blue Book has been one of the best-known names in the auto industry.

KBB factors in the condition of the vehicle, local market conditions, and popularity of the vehicle, so their prices tend to be a lower than NADA. NADA values tend to lean higher because they assume cars are in good conditions. Insights can be gained from both values, but KBB looks at more factors.

Sales: In terms of pure sales numbers, the clear winner is the Honda SuperCub. With over 100 million units sold since its 1958 debut, it's the best-selling motorcycle ever made. Its reliability, affordability, and ease of use have made it a global phenomenon.

A constant favourite, the Honda Civic remains a best-seller for its impressive redesign and features like remote start and smartphone compatibility. Those looking for a sportier ride are drawn to the Civic Type R, backed by popular demand.

Comps Are the Best Way to Determine a Bike's Value

Search for your bike's make and model on sites like Facebook Marketplace, Pinkbike Buy/Sell, Craigslist, eBay, and bike forums representing your local area. and to find comparable listings. Take notes on the price, condition, and components of bikes similar to yours.

Motorcycle-Specific History Report Providers

CycleVIN provides extensive details including DMV title records, lien records, salvage checks, theft, and accident history. On the other hand, VINData offers insights into specifications, title status, value estimations, and warranty information.

These factors include: The value of the motorcycle. Insurers calculate the fair market value of a motorcycle based on its original purchase price, age, condition, and mileage. Insurers may also refer to vehicle value guides, which often incorporate data on sales of motorcycles of the same make/model/year.

Salvage Value Formula

To calculate a salvage value, divide the depreciation % per year by 100, and multiply that value by the original price and the asset age in years. Take this result and subtract it from the original price to get the salvage value.