I have a chance to purchase a mostly complete top tier frame kit bike (KRAFT/TECH) that was all purchased in early 2019. Receipts totaled right at $21,000 for everything. It has been partially mocked up, and then put in a corner in the garage. Never was finished. All boxes and manuals are there that came with the parts.
Complete SS motor, JIMS 6-speed, starter, coil, ignition switch, Ultra 2 inch primary drive, front forks, fat spoke wheels, tires, gas and oil tanks, handlebars, complete brake system, hand controls and foot controls, all cables, linkages and hoses, chain, sprocket, etc. It only needs lights, wiring harness, seat, speedometer??, exhaust, battery, and assembled.
1) What would you place the “used” value at on the nearly complete Kit parts package that cost $21,000 new, being all warranties are expired?
25 cents / dollar?
33 cents / dollar?
40 cents / dolar?
50 cents / dollar?
60 cents / dollar?
70 cents / dollar?
2) What would you think the bike would be worth after it’s been assembled if I were to decide to sell it on the open market, after adding $5,000 for the cost to pay someone to assemble or to pay myself for the time to assemble? It’s a Hardtail bobber style bike.
$21,000 – Kit Bike Package Parts New
$2,000 - Parts Needed to Complete
$5,000 – Assembly Labor
$28,000 – Total in Bike
Thanks for your input.
Complete SS motor, JIMS 6-speed, starter, coil, ignition switch, Ultra 2 inch primary drive, front forks, fat spoke wheels, tires, gas and oil tanks, handlebars, complete brake system, hand controls and foot controls, all cables, linkages and hoses, chain, sprocket, etc. It only needs lights, wiring harness, seat, speedometer??, exhaust, battery, and assembled.
1) What would you place the “used” value at on the nearly complete Kit parts package that cost $21,000 new, being all warranties are expired?
25 cents / dollar?
33 cents / dollar?
40 cents / dolar?
50 cents / dollar?
60 cents / dollar?
70 cents / dollar?
2) What would you think the bike would be worth after it’s been assembled if I were to decide to sell it on the open market, after adding $5,000 for the cost to pay someone to assemble or to pay myself for the time to assemble? It’s a Hardtail bobber style bike.
$21,000 – Kit Bike Package Parts New
$2,000 - Parts Needed to Complete
$5,000 – Assembly Labor
$28,000 – Total in Bike
Thanks for your input.
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