Looking at a trade for a 2000 Busa. KBB puts avg retail at $5400 but NADA says $2817. Whats it really worth? Might trade one of my snow sleds for it.
I would hate to have you on the other side if the court room.Both NADA and KBB are crap.
I am forced to address them as unrealistic values regularly in both bankruptcy and domestic work.
KBB tends to be the higher of the two and slower to respond to a dipping market.
My theory is their undisclosed formula includes a longer span in time, explaining the lag in responding to dropping markets.
NADA is usually lower than KBB and the values change faster, but it is still usually high.
Note that NADA = National Automobile Dealers Association
So, the data is skewed from the dealers reporting.
It is worth what the next buyer will pay for it.
So, if you want a real value, take it to a local dealer and ask what they would pay you in cash for it.
They will go to their local auction sources and see what they can get one for at auction.
That will give you some real value to start from, then add 10% to get a private party sale value.
Comparing the sled to the Busa, take them both in and get values so you are comparing the same kind of values.
At least that is what I do when I need to prove a value in court.
:agree: dont jump too soon. If you want a busa, join the .org and you will find one fast.Woody my opinion is you are getting short end of the stick.Bike season is just about over and sledding is just about here.I think if you sold the sled outright and bought the bike outright I think you could pocket some cash.You would probably sell the sled before the Busa gets sold.Also the sled is low miles in mint condition and the Busa had the motor swapped out (sketchy).JM2C
I did and there isn't much to go on. There have been a few stretched Busa's that sold for good money but nothing stock. The motor thing has me a little nervous. Can't really tell a lot on a 10 minute ride before buying. The guy lives 200 miles from me so it isn't like I can hop on over to check it out. Realistically the sled is worth 3000 to 3500. I have 2 other sleds so I still have something to ride this winter. Still on the fence with this and appreciate the input guys.Check past eBay sales.