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post #1 of 6 Old 03-31-2013, 07:00 PM Thread Starter
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What should i pay for 1998 KLR 650??

Looking at getting my first KLR and i've found one on C.L. For $2500. The bike is a 98' and has about 11,000 miles on it. I have not been by to check it out yet so I don't know the exact condition but it looks good in the pictures. I checked the bluebook and it suggests a price of $1865 or something like that. The bike has a few aftermarket upgrades but nothing too pricey. I managed to get him down to $2100 but it still seems high to me. Any advice or suggestions would be appreciated. Thanks

P.s. I also own a Kawasaki Mean Streak 1600 so this will not be my first bike.

Last edited by Wetsalad; 03-31-2013 at 07:04 PM. Reason: Added text
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post #2 of 6 Old 03-31-2013, 07:10 PM
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Welcome and where are you? It seems high priced to me also, but location may be dictating the price.

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post #3 of 6 Old 03-31-2013, 07:21 PM
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Hello and welcome to the forum! As Willys said, it depends on where your located for the pricing. If your living in the States somewhere with a large city nearby I would say that price is too high. If you living up North in Canada where the population is sparse and there are less machines to choose from, that price might be more in line... Myself, if the bike was mint for that year I wouldn't pay anymore than $2K. Depends on the accessories too though, if he's got hard panniers on it and crash guards etc. it drives the price up a bit more too. Check Craigslist in your area to try to get a feel for the current values.
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post #4 of 6 Old 03-31-2013, 07:34 PM Thread Starter
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I am located in Boston, MA. There are no extras like panniers or anything like that added to the bike. I looked up some of the upgrades and it only adds up to $300 tops. Some is just maintenance related. There is an 03' listed for $2000 but it is about 1.5 hrs. From me . I have gone back and forth with the seller and he has come down $400 but I just want to avoid lowballing him. I feel better pushing him on the price or moving on if I know he may be asking too much. There are a few other postings for KLRs but they are in the $3000-$3500 range and are much newer. I don't want one too new.
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post #5 of 6 Old 03-31-2013, 08:34 PM
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Yeah, I'm still shaking my head on bike prices. They're all over the place especially in both of our countries with different results. In the US bike prices have risen dramatically but in Canada due to our dollar reaching parity ours have fallen as much as yours have risen. I'm seeing in Ontario, 08 KLR's asking almost 5G's with 10,000+ kms yet I bought my 09 new for $5200.00.

I just picked up a 08 Suzuki Burgman 400 with 548 kms on the clock for $4,000 with others wanting as much for older bikes with 20,000 kms. The Burg was bought in 08 for 8G's but a 13 Burg can be had for under 7G's today.

I guess it should come down to what you're willing to pay for a well maintained bike. If the owner has had the bucks to properly maintain the bike and it's not trashed be prepared to pay more.

I will never sell my KLR as mine is farkled to death. I'm going to buy the very last model year of this generation when the new generation comes on sale and just transfer the farkles.

Goodluck but I don't envy your search.

Cheers
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post #6 of 6 Old 04-01-2013, 09:47 AM
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If it's in really good shape, hasn't been beat, and doesn't have "questionable" owner created mods, it might not be a bad price. If the Doo is done, $2100 would be acceptable to me.

Look for items that may need replacing. If the tires, chain, sprockets, etc are in good shape and look like they could go for a long time, that's could make up the difference between that bike, and one that is in a more "used" condition, but at book value.
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