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In other words, if you're looking to sell or buy a motorcycle, a motorcycle's blue book value is how much you should expect to either pay or receive in a transaction. Motorcycle Blue Book Since each method may result in a different value, it is best to estimate your motorcycle's value based on using multiple methods to attain the most accurate estimate. You bought your Harley Davidson motorcycle for $25,000, but your insurer maintains it has depreciated to $15,000. Knowing a motorcycle's blue book value can be helpful to a lot of motorcycle riders, particularly those negotiating with their insurance provider for a higher claim payout. After you've searched for a particular motorcycle—by providing the year, make, and model and clicking on Next—you are asked to select either Trade-In Value or Typical Listing Price. Smart savers and financial wizards will all tell you that buying a car is one of the worst investments you can ever make. For over 40 years, Kelley Blue Book has been The Trusted Resource for Motorcycle values and pricing. With 3 makes listed as Honda, Rokon and Yamaha, you can choose any of them, based on the type of vehicle you own. The term "blue book value" was popularized by Kelley Blue Book, an automotive research company. To find out what a motorcycle is worth, we recommend checking out Kelley Blue Book and NADA. To obtain a NADA bike value, all you need is a used motorcycle's make, model, year and your ZIP code. All Right Reserved. This "VIN check" can provide used motorcycle buyers with reassurance during the transaction that a seller is being honest about a motorcycle's previous accidents. You will also have to enter your zip code as the prices of automobiles vary, depending on the location, to have a precise KBB Motorcycles value. Kelly Blue Book is known as the best source to determine the blue book value for any vehicle you own as the information presented there is very realistic. This compensation may impact how and where offers appear on this site (including, for example, the order in which they appear). However, you will have to select the category before you proceed. Motorcycle blue book value is an indication of how much a pre-owned motorcycle is worth between private parties. Required fields are marked *. However, today, motorcycle blue book is a generic phrase, meaning most people who use it are simply referring to a vehicle's value. Motorcycles with this low quality usually aren't sold by dealers. If you select the year 1987, you can see 1 model that says TR200 Fat Cat and it also lists the CC of the vehicle. The motorcycle blue book value is the generic term for the market value of a motorcycle made in a particular year by a selected manufacturer. Search by province, city, make, model, and year. For more information please see our Advertiser Disclosure. Some motorcycles you search for will have information on the value of additional equipment, which you can see by clicking on View Options. If the blue book value was greater, you might be able to get a better settlement. Kelly Blue Book is known as the best source to determine the blue book value for any vehicle you own as the information presented there is very realistic. Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. Is your credit or lack of it stopping you from obtaining a loan? Additionally, anyone who is looking to either buy or sell a motorcycle would also benefit from knowing a motorcycle's blue book value. Joe is currently a research analyst who covers credit cards and the payments industry. BlueBookTrader.com has listings for thousands of motorcycles across Canada. The Balance uses cookies to provide you with a great user experience. Nada ATV And Kelley Blue Book ATV - Determining the…, Canadian Black Book Value - A Car’s Value in Canada, NADA vs. Kelley Blue Book - What You Should Know. Kelly Blue Book published its first blue book way back in 1926 and it is now known as a standard guide for anyone who wants to receive information regarding their automobiles. The latter is what a dealer would likely ask you to pay if you were looking to buy a used motorcycle in good or better condition. KBB says it determines values for motorcycles based on data obtained from "auctions, dealer sales reports, and dealer surveys, plus dealer and consumer listings and sales transactions nationwide." Cycle Trader, an online marketplace for buying and selling motorcycles, uses NADA Guides pricing on its website. If you feel the settlement your motorcycle insurance company offering you is low, we recommend negotiating with your provider. The motorcycle blue book values that Kelley Blue Book gives its users are based on several data points, including sales transactions and auction prices. Power. by Nada Book Info | Jul 12, 2020 | Reviews | 0 comments. KBB does not take into account the mileage on the odometer. You can start your search for motorcycle values on NADA Guides' website by selecting a manufacturer or a category of bike, such as Cruisers or Motocross. There are other ways to negotiate with your insurance company after an accident that don't require you to research your motorcycle's blue book value. Search for Honda, Kawasaki, BMW, Harley Davidson, Yamaha, and Suzuki motorcycles. 21 Paint Jobs To Avoid When Selling Your Car. Kelley Blue Book and NADA's sites are easy to navigate. NADA Guides also considers asking prices posted on classified listing sites and Autotrader. Furthermore, its values reflect local conditions and are updated constantly. On the other hand, buyers will want to highlight the $9,000 blue book value from NADA. The manufacturer's suggested retail price (MSRP), which includes only standard equipment and excludes taxes and transportation and destination fees, which cover the cost of getting the vehicle to the dealer. Depending on how you want to determine the value of your vehicle, you can select either the category or the ‘make’. 2017. If it's totaled, you'd be reimbursed for $15,000 (the current market price) minus your deductible. It has not been previewed, commissioned or otherwise endorsed by any of our network partners. There are ways to get around your lackluster credit store, so don’t be disheartened. But what if there were cars that you could actually buy that were a smart investment? Kelley Blue Book accounts for seasonality and market trends in its blue book values. Image by Emilie Dunphy © The Balance 2020. Once you log in to the Kelly Blue book website, you will see various options ranging from the prices of old cars, new cars, etc. For example, if you own a 2-Wheel ATV, click on that and you can see different makes for it. It does not use a depreciation schedule for used vehicles because there is a lot of variation in the rate of depreciation among different used motorcycles. The motorcycle blue book value is the generic term for the market value of a motorcycle made in a particular year by a selected manufacturer. In addition to providing information about the motorcycle blue book values for motorcycles, they also offer the same for watercrafts and snowmobiles. The sales that are reviewed include retail and wholesale figures. How to Get a Car Loan With No or Bad Credit. Motorcycle blue book value is an indication of how much a pre-owned motorcycle is worth between private parties. The Kelley Blue Book (KBB) is the origin of that term and is one of the most well-known pricing guides for those in the market for a used motorcycle. Apart from that, you can select the ‘make’ of your vehicle by choosing among BMW, Kawasaki, Harley-Davidson, Can-Am, Vespa, Suzuki, Honda, Ducati, Victory, Indian, Yamaha and Triumph. One approach that you can take is to compare what your insurance company claims the market value for your motorcycle is to the motorcycle blue book value for your bike. Suggested list price, which is the manufacturer's or distributor's highest suggested list price in the U.S. when the motorcycle was new. Used by dealers across the country it is an indispensable tool. 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