Get your price right

Used bike price guide Parkers is warning that not getting the price right on your bike is the biggest barrier to getting it sold.

Parker’s editor Keiren Puffett said: “A wrong price can result in a lack of interest in the more expensive ones and opportunistic buyers haggling hard on what is already a fair price on others. With over 34 years’ experience in valuing vehicles Parker’s independent experts visit a huge range of dealers and auctions to collect data on the actual selling price of thousands of vehicles.

“While it’s important to get the best value for the bike you’re selling it’s just as important to be realistic about how much it is worth.
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“Pitch it too high and buyers could be tempted to look for a similar bike at a dealer and benefit from the extra back-up that comes with it, resulting in a waste of the cash spent advertising your bike.

“Price it too low and you could be missing out on a few hundred pounds extra in your pocket, as buyers will be trying to negotiate down from your asking price.

“Parker’s has a vast database of bike prices on our website to ensure both buyers and sellers have realistic expectations and ensure the process is as smooth and hassle-free as possible.”

Click here to value your bike online with Parker’s