Hi everyone,
First post - very grateful for any information people can give!
I'm looking to buy an MC and I'm therefore interested in their current pricing. There seem to be a few MCs around at the moment and their relative pricing seems fairly consistent.
However, the Parkers online price guides for used MCs seem to be far lower than the prices people are advertising their cars for. For example, the website lists a 2000/W 50k miler at £12,825 (private good) - whereas that car would probably have £18k or £19k on the advert..
I realise that MCs are scarce (and amazing!) cars and as with all cars their value is how much people are willing to pay for them.. It just occurred to me that if you buy an MC for £19k and it gets stolen, for example, what happens if the insurance company look the price up and say it was only worth £12k ?!
Is the Parkers guide just miles off reality for MCs?
Ben
First post - very grateful for any information people can give!
I'm looking to buy an MC and I'm therefore interested in their current pricing. There seem to be a few MCs around at the moment and their relative pricing seems fairly consistent.
However, the Parkers online price guides for used MCs seem to be far lower than the prices people are advertising their cars for. For example, the website lists a 2000/W 50k miler at £12,825 (private good) - whereas that car would probably have £18k or £19k on the advert..
I realise that MCs are scarce (and amazing!) cars and as with all cars their value is how much people are willing to pay for them.. It just occurred to me that if you buy an MC for £19k and it gets stolen, for example, what happens if the insurance company look the price up and say it was only worth £12k ?!
Is the Parkers guide just miles off reality for MCs?
Ben
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