Motorcycle Blue Book Value Honda (2024)

FAQs

How do you lookup the value of a motorcycle? ›

To find out what a motorcycle is worth, check out Kelley Blue Book and J.D. Power, which you can find through NADA. Both companies offer free values, which you can check on their respective websites, and both use sales transactions when calculating a used motorcycle's value.

You can use motorcycle value guides like NADA Guides to get an idea of motorcycle trade-in value. The NADA guide provides motorcycle values for different makes and models based on their year, mileage, condition, features, and extras.

The accuracy of KBB values can vary depending on several factors, such as the condition of the vehicle, its location, and the current market demand for that particular make and model. KBB values are based on a number of factors, such as the car's make, model, year, mileage, condition, and features.

Honda History Lesson

we know today, at the same time launching the first proper Honda motorcycle, the 1949 D-Type (Dream) 2-stroke 98cc. The company has gone from humble post-war beginnings to consistently being the largest manufacturer of motorcycles since the '60s after opening their first US dealership in 1959.

As defined by the International Risk Management Institute, actual cash value (ACV) is replacement cost (RC) minus depreciation. When buying a new motorcycle, like any new vehicle, the value of that bike depreciates as soon as it leaves the dealership.

Generally, high mileage on a motorcycle is anywhere from 20,000 to 50,000 miles. For sport bikes, the high mileage number will be on the low end (usually around 25,000), while cruisers and touring bikes typically become high mileage in the 40,000- to the 50,000-mile range.

Consider the Depreciation Rate of New Motorcycles Over Time

But there's often a silver lining. As depreciation slows, used bikes hold their value better, and you're more likely to recoup a larger portion of your investment - especially if the bike is well-cared-for and kept in great condition.

A quick VIN lookup reveals the motorcycle's make, model, year of manufacture, and equipment list. However, mileage records, damage history, photos, and other desirable information provided in full history reports isn't available for free.

KBB factors in the condition of the vehicle, local market conditions, and popularity of the vehicle, so their prices tend to be a lower than NADA. NADA values tend to lean higher because they assume cars are in good conditions. Insights can be gained from both values, but KBB looks at more factors.

Is Edmunds or KBB more accurate? ›

Many experts believe Edmunds' values are more accurate than KBB's. That's not always the case, of course, which is why getting several estimates and averaging still makes the most sense.

Kelley Blue Book's car prices were so commonly used by dealerships that the term "Blue Book" became a part of dealership lingo, and many car shoppers eventually adopted it as well. In 2010, Kelley Blue Book was acquired by Autotrader, and the brands now are closely interconnected under the Cox Automotive umbrella.

How Many Miles Can a Honda Motorcycle Last? A well-maintained Honda bike can last for well over 100,000 miles, the average being 150,000 miles. Touring models like the Gold Wing can last even longer — 300,000 miles in some cases.

Classic, vintage or antique motorcycles are generally at least 25 years old and look the way they were intended to when first manufactured or built. Depending on the insurer, classic bikes as new as 20 years old can be considered vintage, but this isn't always the case.

Honda of America Manufacturing Inc. will cease manufacturing motorcycles in the U.S. in 2009, in a corporate strategy to consolidate production at its plant in Kumamoto, Japan.

Use the Cyclepedia Motorcycle VIN Decoder to decode you ATV, motorcycle or scooter VIN (Vehicle Identification Number) for FREE. Determine the year, make and model of most popular ATVs, motorcycles and Scooters.

To calculate a salvage value, divide the depreciation % per year by 100, and multiply that value by the original price and the asset age in years. Take this result and subtract it from the original price to get the salvage value.

Carfax reports can provide detailed insights into a motorcycle's past, including ownership history, title status, and accident records. These reports cover some motorcycles from various regions such as the U.S., Canada, and 20 European countries. However, their coverage isn't comprehensive for all bikes.