How much should I pay for 2006 Speed Triple in winter - Triumph Forum: Triumph Rat Motorcycle Forums
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post #1 of 12 (permalink) Old 12-10-2012, 10:48 PM Thread Starter
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How much should I pay for 2006 Speed Triple in winter

I am considering getting the Speed Triple. The one I have been looking at is a 2006 model with around 9k miles on it and an aftermarket exhaust with a couple of other trivial mods.
The guy is asking for 5600$. A quick search on Nada and KBB gets me the trade in at 4000$ and retail at 5800$.
Simple average gets it to 4900$.

Now since I will be purchasing the bike in the dead of winter (New England) and probably won't be riding much till Spring of 2013, considering that the value of the bike will further depreciate by Spring of 2013, how much would you say I should offer the guy?

How much have some of the members here paid for their ST3's
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post #2 of 12 (permalink) Old 12-11-2012, 12:18 AM
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A lot will depend on the physical condition. For example, does it look sun faded or out in weather? Condition of tires? Maintenance records? How do the fluids look? Stator problems in the past and fixed?

Without really knowing the condition of the bike, I'd prolly start at the NADA and negotiate from there. However, there have been cases of folks buying from a distance or sit unseen and regretting it. I'd be more inclined to find a bike in good condition, checked out and then consider making an offer.


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post #3 of 12 (permalink) Old 12-11-2012, 12:47 AM
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Looks like it is priced to sell...if its in nice shape. I doubt the bike will depreciate much at this point as most of them seem to remain in the $5000-$6000 range if they are well kept regardless of what NADA says.

2005 Speed Triple
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post #4 of 12 (permalink) Old 12-11-2012, 01:44 PM
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I bought my bone stock 07 with 1500 miles back in early spring for $6000. My guess he would take $5000 or thereabouts.
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post #5 of 12 (permalink) Old 12-11-2012, 03:35 PM
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5000 to 5500 seems right on the money to me.
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post #6 of 12 (permalink) Old 12-11-2012, 09:48 PM
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If the bike is in good shape. $5000 is a fair price.
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post #7 of 12 (permalink) Old 12-12-2012, 12:18 AM
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Got my 06 for 3,600 plus tax and crap. granted it has a little higher miles, its bone stock and in incredible shape. I think the small dealer was just overloaded with bikes, could barely walk in his show room.
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post #8 of 12 (permalink) Old 12-12-2012, 12:21 AM
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What was the ODO read on you 06 when you bought it?
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post #9 of 12 (permalink) Old 12-12-2012, 01:26 PM
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I picked up my 2005 this previous Spring for $5000. Aftermarket exhaust, tank bag, rear bags, Racetech front suspension, new tires. More miles though, close to 20,000. We tend to pay slightly more in the Midwest because the market isn't as saturated as the coasts, but I don't think $5000 - $5500 is an unreasonable price.
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post #10 of 12 (permalink) Old 12-12-2012, 03:21 PM
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Quote:
Originally Posted by rnexussix View Post
What was the ODO read on you 06 when you bought it?
30k. Up on all service and in great condition. Someone must have just really liked to ride and took really good care of her. By tire wear and condition, Im guessing pretty much a daily work commuter - you can ride almost year round down here. Good luck on the buy OP! 9k on the clock is pretty awesome for an 06!
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