Used Motorcycles For Sale Near Me Craigslist (2024)

FAQs

Why are used motorcycles so expensive right now? ›

Instead of maintaining a higher inventory like they used to in 2019 and other pre-pandemic years), they deliberately create a shortage of new models. These low levels of motorcycle inventory made it easier for them to sell the bike at a higher price.

You will get totally different numbers for a used 3 wheel motorcycle, a Yamaha that is 10 years old, and a Harley-Davidson with less than 1,000 miles on it. In a very general sense, you can expect a decent used motorcycle values to be anywhere from $4,000 to $10,000.

Motorcycles in the US

Beginners typically spend around $5,000 to $10,000 for a motorcycle. In 2020, an estimated 780,000 motorcycles were sold in the U.S.

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.

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.

Figures from the Motorcycle Industry Association show virtually no drop on sales from this time last year, with year-to-date stats just 5.6% down. More incredible still is that sales of scooters have increased by over 6% as people realise what an effective transport tool they are.

While some bikes might start showing their age around 20,000 miles, meticulously maintained machines can easily clock in 50,000 or even 90,000 miles before major issues arise. Think of it as a marathon, not a sprint: a well-cared-for bike can go the distance. A motorcycle's past whispers volumes about its future.

High mileage for a motorcycle can be anywhere from 15,000 miles to 50,000 miles depending on what type of bike it is, where it was ridden, and whether the previous or current owner kept up with maintenance requirements. However, don't just look at mileage when deciding whether a used motorcycle is a good purchase.

Several factors determine how long a motorcycle engine lasts, including the quality of the components, riding conditions, a motorcycle's make and model, and frequency of maintenance. Usually, a motorcycle engine is estimated to last between 50,000-250,000 miles or 12-15 years.

What price should I pay for a motorcycle? ›

The first thing you need to consider is the price of the motorcycle. On average, a new motorcycle for beginners usually costs between $5,000 and $10,000. Advanced riders should expect a new bike to cost between $10,000 and $35,000.

BMW motorcycles are renowned for their ability to hold value over time, making them a wise investment. Their appeal, driven by brand prestige, quality, innovation, and a robust secondary market, ensures that your investment is not just about enjoying premium performance today but also about securing value tomorrow.

While the brand and model of the bike are important, the number of miles on it can be a telling sign of its overall condition. Generally, a motorcycle with over 50,000 to 70,000 miles may be considered high mileage. Mileage can have a significant impact on a motorcycle's lifespan, value, and performance.

This is because many millennials are often burdened by high debt levels and poor credit scores. Because of this, they feel unable to afford an expensive motorcycle. In the 1980s and 90s, motorcycles were considered a cheap mode of transportation; however, this opinion is shifting among millennials.

Average motorcycles price in the U.S. 2020-2029

The average price in the motorcycles market in the United States was forecast to increase between 2024 and 2029 by in total 0.2 thousand U.S. dollars (+1.68 percent). This overall increase does not happen continuously, notably not in 2027 and 2029.

Though they are small and lightweight, motorcycles still need a transmission, suspension, electronics, and engine, all to fit inside. And this is why many motorcycles can get quite expensive. If you're wondering whether buying a motorcycle is worth the money, you've come to the right page!

As your motorcycle gets older, collects more miles, and newer, shinier models come out, its value decreases. Wear and tear is one of the biggest things you need to consider when it comes to understanding the depreciation value of your ride.