how much are people paying for used R1200gs

Discussion in 'GS Boxers' started by utahluca, Mar 28, 2013.

  1. utahluca

    utahluca n00b

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    Hello, I have searched and I haven't found an answer (if I missed something I apologize for the redundancy). I am in the market for a 2005-07 R1200GS, and I am trying to figure out a fair price for them. I am seeing them being listed between $11-13,000 dollars. BUT the NADA and KBB value is a lot lower than that. What gives? What is a fair price to purchase a used 2005-06 R1200GS, with less than 10K miles? I am not saying that paying below NADA is the norm, but that has been what I paid in the past for cars and motorcycles. If there is a better way to determin the value, I would like to know.

    Thanks, I have browsed this site many times, and it has proved very helpful in the past.
    #1
  2. GSAragazzi

    GSAragazzi Long timer

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    Really? supply and demand and people knowing how good these bikes are. Now, good luck finding one of that vintage with that little amount of miles.
    Furthermore,NADA and BB are the enemies bc if you ever have a claim the ins co will use those values. You will have to find comparables and fight with them.
    Anyway good luck hope you find what you want at a price you consider fair.
    #2
  3. bemiiten

    bemiiten League of Adventures

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    These bikes typically have between 2-7K in aftermarket accessories. That can make a pretty big difference in what owners expect to get.
    #3
  4. evilman

    evilman Been here awhile

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    I paid $4000 for my 07 r1200gs lol adjusted!
    #4
  5. TexBiker

    TexBiker Been here awhile

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    Wow...$4Mil is pretty steep. Hope it came with a few farkles.
    #5
  6. rdwalker

    rdwalker Long timer

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    In last - let's say - 10 years, I have bought and sold several BMW bikes. There were probably 10 transactions; none of them at or below NADA pricing, even if with minimum accessories. I'd say that, on average, I have bought/sold at 10-20% over the NADA lists.

    We all can speculate on the reason for the discrepancy. One of the conspiracy theories is that the NADA lists are artificially low, to allow for low trade-in quotes (NADA lists are compiled from dealer input).

    As always, Your Mileage May Vary - but the real value is what the market bears at a given point in time. If the bikes are being sold for particular prices, they are obviously worth that to the buyers.

    By the way, good luck on finding an early R12GS with 10k miles on the odometer. Unlikely.
    However, I am selling one with 67k. Interested?
    #6
  7. utahluca

    utahluca n00b

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    Thanks, I get that most GS have accessories, and then would add a "premium" to the value of the bike... I guess I just ask to quantify that. LOL. I actually have been looking at a 2006 GS with less than 6K miles here locally. The bike seems clean, no hard bags (which is ok... because I really like the Kriega system anyways). It is listed for $11,000 dollars. That seems high, and the seller is willing to go down. I am just wondering if offering NADA for a bike with so few miles would be a joke or not. FYI.. NADA average value is 9600 dollars for that year. Go figure.

    That being said... I keep hearing how good the GS are for ... well just about everything.
    #7
  8. jacoba331

    jacoba331 Boy Wonder

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    Hahha this guy
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  9. TUCKERS

    TUCKERS the famous james

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    Mileage is the main factor.

    1200's 2005-2006-2007, with less than 10,000 miles are all around $11,000 in top condition. That means absolute Cherry, no defects.

    2008 and up cost more with low miles. Pretty hard to buy a 2008 with less than 10,000 for $11,000.

    You want to buy the lowest mile bike you can regardless of year.

    I just bought a Cherry 2006 with 6000 for $11,000 and a Cherry 2008 with 11,000 for $11,000!

    If the bike you are looking at is Cherry and you can get it for less than $11,000......BUY IT!

    Don't buy a bike with any defects, look for a low, mile Cherry bike.

    You may want to consider if you want the servo assisted brakes or not, that may sway your buying like it did mine. I got one for Colleen with servo assisted (2006) and one for me (2008) without.

    Most any vehicle with low miles will bring over book. As an ex Auto Dealer I've paid way over book for low milers.....they are SO easier to sell.

    You are never in trouble with low miles.
    #9
  10. JimVonBaden

    JimVonBaden "Cool" Aid!

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    $4500 for my 05 with 120K miles on it. Runs and rides great!

    [​IMG]

    When I brought it home.

    [​IMG]

    A month later.

    Jim :brow
    #10
  11. rebake

    rebake Long timer

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    Friend just bought an 05 with 22,000 miles on it.Lots of excelcyclewerkes stuff on it.I think the price was $8000.Ed
    #11
  12. rdwalker

    rdwalker Long timer

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    That's a nice find! And just barely broken in for you!
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  13. MJS

    MJS Long timer

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    I think you mean servo or ABS. All R12000GS from intro to present if they have ABS have linked brakes.

    Regarding price, it really is what the local market is at the time and what a seller is hoping to get. I just sold a 2010 GS with 12k miles for $12,500. Posted it here with minimal response for a couple of weeks then bumped the price and threw it on CL. Sold in 2 days for my original asking. It was a stock bike with some minor blemishes from being off road but in otherwise perfect condition. I priced it low cause I wanted it gone.

    I also have an 05 that if I were to sell would be priced low. That one has many more miles and lots of wear marks. Still runs good but it has been ridden so the price would reflect that. My HP2 OTOH...:deal

    As said before, buy the best bike you can with the money you have. Have fun shopping.
    #13
  14. TUCKERS

    TUCKERS the famous james

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    OK. I'll fix that and you can delete.
    #14
  15. Beamerweiner

    Beamerweiner Adventurer

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    Got mt '06 GS with 2300 mi. for $11,500 two years ago. Best move on a bike I ever made.
    #15
  16. utahluca

    utahluca n00b

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    Thanks these feedback help. I think I am going to do it. I could wait for a lower priced one to come by... but the riding season is just starting... I want to ride!
    #16
  17. mercury01

    mercury01 Adventurer

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    In Canada, it appears we face higher prices. I paid $12,000 for an '07. It had the GSA aluminum panniers and pretty reasonable farkling - PIAA 510's, Kaoko, engine guards, etc. It came with low mileage - 20,000 miles, which is changing quickly. Not a mark on it. The "BUT" was that it was a US import.
    #17
  18. dfwscotty

    dfwscotty Long timer

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    If you're shopping for a GS the Flea Market in here is a good starting place to watch prices. All the book values go out the window. The owners are selling them for what they think they can get. A couple of weeks of watching bike prices will give you an good idea of what you can expect to spend. Yea, you have the folks that think their bikes are made of gold but then you will see prices that are really low. Patience.

    It will also give you a good idea of what type farkles, if any, you want on a bike.
    #18
  19. Plane Dr

    Plane Dr Been here awhile

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    When I picked up mine I watched prices for awhile. I figured out what a fly and ride would cost to a couple different places, and what basic farkles I considered necesary.

    Then I watched.

    One popped up somewhat local, higher mileage (still low), basic farkles. Although slightly higher cost it was "cheaper" than anything I had seen. I've doubled the mileage and couldn't be happier.
    #19
  20. ridewv

    ridewv Been here awhile

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    This is the time of year that prices are their highest. But I would think there should be a little higher than usual number of older GS's come available because of the new LC? Still a nice 07 should be under $10K, heck I just sold my 09 with bags, Clearwater lights, HB crash bars, and some other farkles, with 17K, mint condition for $10,500.
    #20