Opinions wanted on collectability value / price premium for KLR250 - Kawasaki KLR 650 Forum
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post #1 of 12 Old 02-04-2016, 03:04 PM Thread Starter
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Opinions wanted on collectability value / price premium for KLR250

I'm looking to buy an early 2000's KLR250 because IMO it's the best 250cc dual sport bike out there. The question is how much should I be willing to pay for a really nice condition example?

Is $3300 for an 04 with 2800 miles a reasonable price or am I just throwing my money away since that's more than $1000 over blue book value? How realistic is the blue book value for the KLR250?

I don't like the KLX250 and a 650 is too big for me.

Thanks in advance for your opinions!
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post #2 of 12 Old 02-04-2016, 07:13 PM
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Seems high to me. What is your location as price is reflected by area. I would think that a 2004 KLR 650 would sell for that or maybe even less. I don't see any real "collectibility" value other than to the current owner. As owners we always think our stuff is worth more than the purchaser wants to pay.

My Kaw Barn - 2004 KLR, 2006 Concours (sold), 1997 Bayou 400.

"It's a friggen motorcycle, it's not supposed to be comfortable, quiet or safe. The wind noise is supposed to hurt your ears, the seat should be hard and riding it should make you shit your pants every now and then. "

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post #3 of 12 Old 02-04-2016, 08:14 PM Thread Starter
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Thanks, I'm in Arizona. KLR250s don't pop up for sale here very often and this one is definitely the nicest example I've seen over the past few months. It's also $1500 more than the next best bike (also a 2004 but with 7500 miles). I wasn't sure if this is a reflection of actual scarcity of a nice example, or the owners opinion.
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post #4 of 12 Old 02-04-2016, 09:08 PM
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I'm sure that I could get 'your' moneys worth out of either one of them. But I do tend to keep my 'stuff' longer than most.
'55 Chevy pick-up, '74 Z-1, '87 KLR650, '88 Ford Ranger, '89 KX500.

I'd insist that the owners show me the 'properly oiled foam air filter' and the clean side of the air box ahead of it! Just because it is oily now doesn't mean it was properly serviced last year! Value would drop 50% in my book.

Probably 'zero collector value' for another 20 years.

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post #5 of 12 Old 02-04-2016, 11:34 PM
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$ 3300?

Price 'way out of line, IMHO! Good 'uns selling for around 2 grand in these parts.

Yet, . . . if you're willing to pay that kind of money for a KLR250, I've a sound 2003 model I might let you take off my hands!

The KLR250, IMHO, remains a most under-rated dual-sport bike; still . . . no matter how great its virtues, it remains an orphan. Zero collectability value, AFAIK. But . . . capability, and transportation-wise, an excellent machine. With electric starter (an impossible dream for this bike), would be competitive in today's market, I think.

Pay the asking price, and you're merely making a contribution to the seller's wallet, in my view.
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post #6 of 12 Old 02-04-2016, 11:57 PM Thread Starter
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Thank you klr4evr, pdwestman and Damocles! Okay so it's definitely sounding like the $3300 bike is more than just a bit overpriced and that as long as it's mechanically sound the $1800 bike should be just fine. If I don't like the $1800 bike I'll hold out till a decent KLR250 pops up in the $2000 range.

I really appreciate the advice and I know I'm gonna love it when I finally get one!
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post #7 of 12 Old 02-05-2016, 09:39 AM
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Personally I don't mind paying a little more for something that has been cared for. Try throwing the guy a $2500 final offer and see where it goes.

My Kaw Barn - 2004 KLR, 2006 Concours (sold), 1997 Bayou 400.

"It's a friggen motorcycle, it's not supposed to be comfortable, quiet or safe. The wind noise is supposed to hurt your ears, the seat should be hard and riding it should make you shit your pants every now and then. "

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post #8 of 12 Old 02-05-2016, 08:14 PM
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Check the air filter FIRST!
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post #9 of 12 Old 02-05-2016, 09:35 PM Thread Starter
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Quote:
Originally Posted by klr4evr View Post
Personally I don't mind paying a little more for something that has been cared for. Try throwing the guy a $2500 final offer and see where it goes.
I actually offered him $2700 before I even posted here, figuring $500 premium over book value wasn't too terrible considering miles and condition, but he turned me down!

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Originally Posted by pdwestman View Post
Check the air filter FIRST!
Okay!
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post #10 of 12 Old 02-05-2016, 11:54 PM
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Seller may exist in a parallel universe, but . . . NOT in the real world, IMHO! If you want that particular bike bad enough, pay the man. Otherwise, doesn't seem like rational negotiation is possible with such an out-of-touch-with-reality would-be seller, seems to me.

It's a KLR250; NOT a Vincent Black Shadow/Black Lightning.
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