Fair Price For A Used Busa

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Is $9500 a fair price for a Hayabusa with low miles, never raced or wheelied, copper color, 5 months left on the warranty? I'm the buyer here.
 
Considering that the 2000 model retails for 10800 and if you like the copper it sounds like a good deal to me...and you want to ride NOW...a really good deal!
 
Is it stock, does it need tires and chain, do you like copper, what is the mileage?

You are not that far from a brand new bike, if you live in the snowbelt you are not saving much because you have to store it and not ride her. And in the meantime you could save more $ for a new bike.

If you live in the sun you can ride now and save money.

New bikes have new tires and chains etc.

99 spec bikes have the bugs worked out with the recall and the service bulletins 108 109, verify that these were done pronto.

Have the original owner buy the extended warranty and transfer it to you in your deal.

[This message has been edited by KawAbuser (edited 03 November 1999).]
 
Don't assume the service bulletins are done. While in Van Nuys, the Suzuki dealer showed me a used black/grey, for 10k (VERY low miles). 108 & 109 were not done on it. He did indicate that they WOULD be done, but don't assume. Always check.
 
Thanks for the help guys.

The bike has 272 miles on it. Chain and tires look good. The tires sides look untouched so the first owner never even did a hard corner. I won't accept the bike unless it has call backs 108, 109 & 110. I will physically verify that fact.

The warranty is the problem. I live in Pennsylvania on the edge of the snow belt. The dealer will honor the original warranty until April '00. Not really enough time to break it in given it's winter here. They want $500 for the three year extended warranty and won't include it in the purchase price. I tried that already. If I pay 9500 for the bike and 500 for a warranty I might as well wait 'til Dec for my new full year warranty Red&Grey '00 to come in.

I love the Copper color and all the ladies I ask agree that Copper is sexier. Riding now is better than riding 2 months from now. But...

In short I can ride a Copper '99 with a marginal warranty this weekend or wait 2 months for a brand new Red&Grey with a good warranty. This is a tough decision.

How strongly do you guys feel about the need for a warranty on a first design year bike? Is $9500 too much given the ineffective warranty.

Shane. Thanx for the tip but Black doesn't quite suit me.

[This message has been edited by Lyle (edited 04 November 1999).]
 
...I would buy the copper bike and spend the 500....you won't get the extended warrenty with the new bike...even if you plan to sell the bike within a year, the extended warrenty will add value to prospective buyer...don't forget sales tax at a dealer...
 
I'd want to know who owned the bike and why it's for sale with only 272 miles. Breakin is 600 miles no higher than 4000 rpms followed by oil & filter change and another 600 no higher than 6000 rpms, so it's never been broken in.

Many extended warranties are merely 3rd party insurance policies and fraught with problems getting paid, but Suzuki offers its own extended warranty, which should be fine. The full price on it is about $395 as I remember, so $500 either isn't a Suzuki warranty or its a screw job. You can buy the Suzuki warranty anytime while original warranty is in force. Details are in the Busa owners manual. Also, I don't think any Busas were delivered prior to late March 1999, so original warranty will run for 12 mos from delivery. If you're being told there's only two months left, something is fishy.

This dealer doesn't sound good, which means nothing but problems. Unless you can get some better answers, you might be better off waiting and buying from a different dealer. Is this a Suzuki dealer? If not, I'd for sure stay away.

But as for 2000 models being better than 1999, I doubt it. Officially there are no changes, except color, and Suzuki has been very forthcoming retrofitting existing bikes with fixes they've made in production.

Copper was the signature color for 1999 and it will always mark the inaugural year of the bike that has earned a guaranteed status in the history of motorcycles. That may not be true of the black model (which I own) because, according to my dealer, black was over-produced and will be available in 2000 in addition to the announced red and blue colors.
 
DOWNSIDES TO BUYING NOW:

1. Sacrifice warranty for 1 or 2 cold rides.
2. Don't get refined 2000 bike.
3. Extended warranties are virtually worthless they cover so little and are so hard to claim on.
4. You'll be paying insurance while you're just storing the bike.
5. You don't know what you've got. I can wreck the guts of a bike in one ride.
6. When the new ones hit the road and you're riding a '99, you might punish yourself for not being more patient.
7. You get copper which, although some like it a lot, many don't. It could hurt re-sale.

UPSIDES:

1. You get to customize and drool over your bike all winter long.
2. You get copper, which you like.

Even though I'm the worst kind of instant-gratification guy, 2 months is not long to wait so I'd probably order a new Busa and buy a $500 basket case dirt bike to have a winter project then sell it in the spring for $2,000.

Good luck with this gut-wrenching decision Lyle!
 
Lyle, my dealer, Chenango Import Motors, Yorkville, NY, will sell you(and anybody else)the extended warranty for $350. If interested call Dianne at 1-800-346-4246.
 
Sherm. I searched out your post from a couple of months ago. I will call them today.
 
Anybody got any thoughts as to why the busa's resale value is so low? Here in Atlanta there are no new busa left and you can get a good used one for $9000. I noticed R1's are still selling for over $10,000 used. In fact, there is a Yam dealer down the street that has a 99 on the floor for $12,000. I commented he would never get that and he told me it was sold. Go figure.
 
We all know the Busa is not a bike for everyone. Apparently a guy bought it, rode it about 275 miles and decided that he liked his old bike better.

There is 5 months left on the warranty not 2. The problem is these are months when riding is iffie.

I believe that having at least a year warranty to be important because this is a first year bike and you guys have reported a couple of problems. I mean no negative reflection on the bike. It's a sweet machine indeed.

I wondered about the $500 warranty. I'm talking to Sherm's folks today.

Earl This is a classic example of different perspectives. You, an owner think $9500 is too low and me, a buyer, wonder if it isn't high.

At this point, with your advice in hand, I am going to give the dealer one more try. Offer to pay half the "dealer cost" of the warranty. I'm guessing that should be about $125 more out of my pocket. If that doesn't do it then I'll wait 'til Dec for the Red&Grey I have on order.
 
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