2nd hand & Depreciation

Hi there !

Looking for help overhere !

I am looking into buying a Yamaha MT-03, the 2016 and on version, 321cc (I am actually after the blue/black 2019 version).

While the price of a New is 5000£, I have seen quite a few deals while browsing the internet that offered bikes with 30 mileage to 100 mileage, sold at prices between 4000 and 4400.

My question would be the following : is a 600£ to 1000£ depreciation for 30 to 100 miles supposed to be for those 2019 MT-03 321cc ? Or are those deals likely to be scams, or at least sketchy ?

(Also, is there any reliable, free of charge website that would provide with price depreciation index ?)

Many thanks for your time and help !

Cheers.

Sounds about right.

A lot of dealers put some miles on bikes they want to shift so they can knock the price down. 20% reduction. i.e. the VAT is quite common.

If in doubt just buy from a reputable dealer.

Whatever happens:- There are more bikes than money. Its a commodity and salesmen WILL be prepared to haggle even if it looks like that they won't Be prepared to walk away from a deal. In fact, start by looking at the worst deals, furthest away first just for practice at "walking away". Leave you number. You might get a phone call - Then YOU are in the driving seat.

That price sounds ok to me for a good condition ex-demo but make sure they have done, or throw in for free, the first service too. That can cost another £150-200 easy.

For comparison, I got 15% off my MSX without much haggling and that was buying it new.

Many thanks for your time and answers !