Locals price gouging used clapped bikes

Motox627! wrote:

Sold my daughters 2001 XR50 for $1000 within 3 hours of posting it this week. I listed high figuring i would negotiate down from there and...

Sold my daughters 2001 XR50 for $1000 within 3 hours of posting it this week. I listed high figuring i would negotiate down from there and hopefully weed out some of the bullshit. Good looking 50, but i was honestly shocked at how fast it sold and the people were pumped about it.

mumbles wrote:

The mini bike or beginner bikes are crazy high over the past year or so here in SoCal. I sold a 2005 TTR90E for $1500. I...

The mini bike or beginner bikes are crazy high over the past year or so here in SoCal. I sold a 2005 TTR90E for $1500. I sold it in three hours. It was bought 5 years ago for $700. I have been looking for a TTR125 to replace it for my granddaughter as she has out grown the 90. Everybody wants $2300 - $3000 for these TTR125s from 2002 - 2009. They sold for $2,995 new. After looking for about 3 months I had to pony up and we paid $2300 for a good 2005 model. I can't believe what the market is for these smaller bikes now. I bought my 2012 KTM SXF350 in great shape for $3000 a year ago. Go figure. I guess we can thank COVID for it as over the past year people have been buying up all the mini bikes for something to do outside with their kids. So it's good for the sport to get people out there but not so good for peoples wallet.

Motox627! wrote:

Sold my daughters 2001 XR50 for $1000 within 3 hours of posting it this week. I listed high figuring i would negotiate down from there and...

Sold my daughters 2001 XR50 for $1000 within 3 hours of posting it this week. I listed high figuring i would negotiate down from there and hopefully weed out some of the bullshit. Good looking 50, but i was honestly shocked at how fast it sold and the people were pumped about it.

mumbles wrote:

The mini bike or beginner bikes are crazy high over the past year or so here in SoCal. I sold a 2005 TTR90E for $1500. I...

The mini bike or beginner bikes are crazy high over the past year or so here in SoCal. I sold a 2005 TTR90E for $1500. I sold it in three hours. It was bought 5 years ago for $700. I have been looking for a TTR125 to replace it for my granddaughter as she has out grown the 90. Everybody wants $2300 - $3000 for these TTR125s from 2002 - 2009. They sold for $2,995 new. After looking for about 3 months I had to pony up and we paid $2300 for a good 2005 model. I can't believe what the market is for these smaller bikes now. I bought my 2012 KTM SXF350 in great shape for $3000 a year ago. Go figure. I guess we can thank COVID for it as over the past year people have been buying up all the mini bikes for something to do outside with their kids. So it's good for the sport to get people out there but not so good for peoples wallet.

Jardo wrote:

Mini bike prices are being amplified by the "pitbike" trend as well.

M1000 wrote:

Not just bikes. Everything. 2018 Dodge Challenger $200,000.00 Cad. [img]https://p.vitalmx.com/photos/forums/2021/04/01/485916/s1200_5AFC38BA_5CF5_4F47_8669_D6E931186AC9.jpg[/img] https://www.kijiji.ca/v-cars-trucks/edmonton/2018-dodge-challenger-srt-demon-in-purple-automatic-transmission/m910468

Not just bikes. Everything. 2018 Dodge Challenger $200,000.00 Cad.

https://www.kijiji.ca/v-cars-trucks/edmonton/2018-dodge-challenger-srt-…

Dimblewambie wrote:

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃 [img]https://p.vitalmx.com/photos/forums/2021/04/01/485910/s1200_B1DD1EB5_7066_4C53_B119_82F1FA1B6590.jpg[/img] NFS, GFYS.

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃



NFS, GFYS.

Dimblewambie wrote:

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃 [img]https://p.vitalmx.com/photos/forums/2021/04/01/485910/s1200_B1DD1EB5_7066_4C53_B119_82F1FA1B6590.jpg[/img] NFS, GFYS.

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃



NFS, GFYS.

UpTiTe wrote:

I’m more interested in the Comet.

Dimblewambie wrote:

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃 [img]https://p.vitalmx.com/photos/forums/2021/04/01/485910/s1200_B1DD1EB5_7066_4C53_B119_82F1FA1B6590.jpg[/img] NFS, GFYS.

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃



NFS, GFYS.

UpTiTe wrote:

I’m more interested in the Comet.

Dimblewambie wrote:

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃 [img]https://p.vitalmx.com/photos/forums/2021/04/01/485910/s1200_B1DD1EB5_7066_4C53_B119_82F1FA1B6590.jpg[/img] NFS, GFYS.

I’ve got a 2020 YZ450F, 5hrs, fondled by RV2 himself. 20k FIRM. 🙃



NFS, GFYS.

UpTiTe wrote:

I’m more interested in the Comet.

queen of spodes wrote:

How much for the blue milk crate?

Dimblewambie wrote:

1964 Mercury Comet Caliente, 289 3 speed auto. It was my grandfather’s retirement project that we restored about 15yrs ago. Now she’s a grocery getter and...

1964 Mercury Comet Caliente, 289 3 speed auto. It was my grandfather’s retirement project that we restored about 15yrs ago. Now she’s a grocery getter and weekend cruiser. First pic is of my grandparents when we had all the mechanical work done. They actually had the same car new back in 64, only differences were bucket seats and 4 on the floor. Great memories..





NFS, GFYS! 🙃

Ghostrider145 wrote:

Watched a Realtor speak for about 20 mins about the housing market. He said that we’re in a bubble, this one in particular started in 2012...

Watched a Realtor speak for about 20 mins about the housing market.
He said that we’re in a bubble, this one in particular started in 2012 and it’s peaking.
He said it will end and it won’t be good when it does.
I just affiliate what I heard with bikes, Boats, RV’s etc etc
Just a matter of time....
The sellers aren’t the problem, the buyers willing to pay it are.

Ghost

Ghostrider145 wrote:

Watched a Realtor speak for about 20 mins about the housing market. He said that we’re in a bubble, this one in particular started in 2012...

Watched a Realtor speak for about 20 mins about the housing market.
He said that we’re in a bubble, this one in particular started in 2012 and it’s peaking.
He said it will end and it won’t be good when it does.
I just affiliate what I heard with bikes, Boats, RV’s etc etc
Just a matter of time....
The sellers aren’t the problem, the buyers willing to pay it are.

Ghost

Nairb#70 wrote:

New England is insane, absolutely ludicrus prices. Whats worse is that the weather, rocks, constant mud, coarse grain soil and sand asolutely destroys bikes here. Removes...

New England is insane, absolutely ludicrus prices. Whats worse is that the weather, rocks, constant mud, coarse grain soil and sand asolutely destroys bikes here. Removes frame paint, dulls aluminum, fades plastic, peels off graphics. Shittiest bikes you'll find.

maxer wrote:

some guy got his hands on a few 2021 KTM 250 SXF TLD editions and is re selling them for $14,000 each down here

Ghostrider145 wrote:

Watched a Realtor speak for about 20 mins about the housing market. He said that we’re in a bubble, this one in particular started in 2012...

Watched a Realtor speak for about 20 mins about the housing market.
He said that we’re in a bubble, this one in particular started in 2012 and it’s peaking.
He said it will end and it won’t be good when it does.
I just affiliate what I heard with bikes, Boats, RV’s etc etc
Just a matter of time....
The sellers aren’t the problem, the buyers willing to pay it are.

Ghost

Titan1 wrote:

I can’t speak to every area of the country...but house prices around here (Wasatch Front in Utah) are being driven by population growth....people are trying to...

I can’t speak to every area of the country...but house prices around here (Wasatch Front in Utah) are being driven by population growth....people are trying to buy houses to live in...and financing them on fully documented, fixed rate, fully amortized loans. That isn’t a bubble...it’s a housing shortage...its real growth...not an artificial bubble...

In 2008 it was speculative...”investors” buying 10, 20 homes at a time without documenting income, assets, and/or employment...and financing them on interest only, negative amortization, arms, with hard prepayment penalties and low teaser rates and introductory payments...then lenders were selling those crap loans on wall street.

Apples to oranges with the current housing market and 2008.

Not to say the housing market won’t drop...but if your sitting back looking for a 30-40% drop like we saw in 08...I wouldn’t hold your breath....

Here in Utah I’m watching unemployment (it’s currently about the lowest in the country) and population growth (it’s growing like crazy)....as long as the population keeps growing, and people keep their jobs...homes prices will keep climbing until inventory levels can catch up...then they will level off...and maybe, MAYBE, see a slight drop.

(All of that assumes inflation stays in check-less likely with all the money Biden is giving out-and rates stay relatively low. If rates sky rocket...then prices will fall relative to that, as the rising rates erode people’s buying power.)

Ghostrider145 wrote:

Watched a Realtor speak for about 20 mins about the housing market. He said that we’re in a bubble, this one in particular started in 2012...

Watched a Realtor speak for about 20 mins about the housing market.
He said that we’re in a bubble, this one in particular started in 2012 and it’s peaking.
He said it will end and it won’t be good when it does.
I just affiliate what I heard with bikes, Boats, RV’s etc etc
Just a matter of time....
The sellers aren’t the problem, the buyers willing to pay it are.

Ghost

Titan1 wrote:

I can’t speak to every area of the country...but house prices around here (Wasatch Front in Utah) are being driven by population growth....people are trying to...

I can’t speak to every area of the country...but house prices around here (Wasatch Front in Utah) are being driven by population growth....people are trying to buy houses to live in...and financing them on fully documented, fixed rate, fully amortized loans. That isn’t a bubble...it’s a housing shortage...its real growth...not an artificial bubble...

In 2008 it was speculative...”investors” buying 10, 20 homes at a time without documenting income, assets, and/or employment...and financing them on interest only, negative amortization, arms, with hard prepayment penalties and low teaser rates and introductory payments...then lenders were selling those crap loans on wall street.

Apples to oranges with the current housing market and 2008.

Not to say the housing market won’t drop...but if your sitting back looking for a 30-40% drop like we saw in 08...I wouldn’t hold your breath....

Here in Utah I’m watching unemployment (it’s currently about the lowest in the country) and population growth (it’s growing like crazy)....as long as the population keeps growing, and people keep their jobs...homes prices will keep climbing until inventory levels can catch up...then they will level off...and maybe, MAYBE, see a slight drop.

(All of that assumes inflation stays in check-less likely with all the money Biden is giving out-and rates stay relatively low. If rates sky rocket...then prices will fall relative to that, as the rising rates erode people’s buying power.)

TbonesPop wrote:

Our market in AZ is crazy too. One other thing to point out is, there is a big supply and demand problem across many industries all...

Our market in AZ is crazy too. One other thing to point out is, there is a big supply and demand problem across many industries all due to Covid. Our economy going into Covid was the strongest it has been fundamentally in 60 years (thank you Trump). Then we had a forced shut down due to Covid. That crushed supply. Demand was low for a little while, then as people have come back to work demand has gone up, way up but supply is still way behind. Raw material costs are sky rocketing, availability is terrible and lead times are ridiculous. We've had people quote us 1 month on standard (non-custom) items then proceed to take 4-5 months to deliver. Scheduling anything is brutal. Many factors at work. Supply and demand issues, pumping money into the economy, inflation, trade agreements in flux, etc. Just a mess.

It does feel like the big party back in 07 before the 08 crash though. No idea what the future holds.

Words I live by: be cautious when others are bold, and be bold when others are cautious.

GeorgiePorgie wrote:

I sold my 18 350sxf with 17 hours for $6450.

Should I have demanded $9000?

captmoto wrote:

It isn't gouging if it isn't a life necessity. You see gouging during natural disasters when sellers double or triple the prices for generators, bottled water...

It isn't gouging if it isn't a life necessity. You see gouging during natural disasters when sellers double or triple the prices for generators, bottled water, food and recently, hotel rooms in Texas that didn't lose power during the freeze in February.
You don't need a bike to survive and if you think you do you live a very fortunate life.

Titan1 wrote:

Man...in 07 everyone was a “real estate investor” wanna be real estate moguls (in their minds)...had a “business model” that would allow them to acquire 6...

Man...in 07 everyone was a “real estate investor” wanna be real estate moguls (in their minds)...had a “business model” that would allow them to acquire 6 properties per year for the next 10 years, then sell them all and live on a bazillion dollars...never recognizing that their business plan was flawed...based on unsound lending practices and a bubble housing market...all the while pulling “equity” out of their properties to buy hummers, and $100k boats....all of which were financed on negative amortization loans...

As soon as the going got rough...they just walked away from all their properties...which multiplied the foreclosure problem.

And that happened over and over again.

So though the appreciation is similar to 07....I’m not seeing NEARLY as much of that right now (mostly because it takes 20%-25% down to get into investment properties now...in 07...a pulse and the ability to fog a mirror and you could buy as many as you want with no money down), and if people are buying boats and cars with equity in their homes...at least they are doing on fully amortized fixed rate loans (at historically low rates), all while documenting their income assets and employment.

Again, that’s just where I’m at, and what I’m seeing on a daily basis. Could be different elsewhere in the country.

Chance1216 wrote:

In that case I’m very fortunate. I’d be pretty depressed to not walk in the garage and see my bike after a long day at work.

profeshenal125 wrote:

100k seems a little high. 88-95 Silverado,s are super Hot again, just like the 90,s. I predicted 10 yrs ago, they would be the most sought...

100k seems a little high. 88-95 Silverado,s are super Hot again, just like the 90,s. I predicted 10 yrs ago, they would be the most sought after vehicle. Low mi there selling for around 35k. I found a 42k mi ext cab all white, with a true Texas bumper for 10k. Close match to mine in the 90,s, I had a 1 ton 5 sp in mine. I,ll hv to check if earthquake amps is in buisness yet, then I,ll hv a matching stereo.haha

jk367 wrote:

Love the ncy bike in the background. Man I loved all the ncy graphics they did. Wish I could find an nos set. I have a...

Love the ncy bike in the background. Man I loved all the ncy graphics they did. Wish I could find an nos set. I have a couple 94 seat covers

profeshenal125 wrote:

Yeah NCY had the best graphics, bike is Pedro,s 95 sx bike, came with the factory linkage. Sold it for 2,300, had trouble getting rid of...

Yeah NCY had the best graphics, bike is Pedro,s 95 sx bike, came with the factory linkage. Sold it for 2,300, had trouble getting rid of it. Here is a 98 250, I bought new and sold 3 months later, fresh graphics, Noleen silencer.

97 125 was Jeff Wiloh,s Noleen national bike, I smashed the Noleen pipe, bill,s on there. Sold that for 2,200 , trouble selling that also. A lot of parts with both bikes. That is a nascar replica front end, had the exhaust also, on the truck

Moto Nomad wrote:

I wonder what will happen to the millions of people on rent and utility bill moratoriums around the country all of a sudden have to pay...

I wonder what will happen to the millions of people on rent and utility bill moratoriums around the country all of a sudden have to pay thousands of dollars of back rent and bills (you know they haven't been saving money). This is billions of dollars in CA alone, just in utility bill arrears. There is obviously going to be a big flood of homelessness and poverty. (my current home is in my avatar).