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I understand your assertions about a used M109R being sold for that amount. However, I believe the OP's selling price is relative to a select audience of perspective buyers. Some may view at it as being overpriced, based solely on the fact that at the end of the day it's a used, 2006 model M109R...whereas others may see it as a used 2006 M109R with very low mileage (based on the year model), that has been tastefully custom-painted, heavily modified and upgraded with many top of the line mods and upgrades, and has been meticulously cared for by the current owner. I've learned over the years that anything that's up for sale is worth whatever someone else is willing to pay for it. While the OPs selling price may seem exorbitant to some, it may be the deal of a lifetime to someone else, based on the needs/wants of that perspective buyer. JMHOBrand new 2020 Boss for $13K....don't see a 2006 fetching anywhere near $11K. My experience at age 65 is that you are very lucky if you get 50% back on the add-ons you bought. But hey, you never know!
https://fayar.craigslist.org/mcd/d/searcy-2020-suzuki-boulevard-m109r-boss/7261621996.html