Computing NADA Value?

Discussion in 'General Harley Davidson Topic' started by Dr. Dolittle, Nov 10, 2009.

  1. Dr. Dolittle

    Dr. Dolittle Experienced Member Staff Member Moderator Contributor

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    Messing around like I always do to kill time on the computer so I thought I'd get an update on the value of my 2008 FLHX. I see NADA values thrown around on here a lot so I went to their site.

    After you select the Make and Year (2008 HD), and Model and Trim (FLHX), you come to a screen titled "Select Options and Equipment." Should I be checking the boxes for engine guards, fairing, and saddlebags? These items are standard on the FLHX and not considered options but will I get an accurate value if I don't check them? Anyone work at a dealership or bank that can give me a definitive answer?

    Thanks.
     
  2. glider

    glider Veteran Member

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    If it comes as standard equipment like the crash bars and fairings on ultras on the baggers, you don't check that as optional equipment.
     
  3. Dr. Dolittle

    Dr. Dolittle Experienced Member Staff Member Moderator Contributor

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    That's kind of what I thought, thanks. I've been to other sites (for autos) that were smart enough to not even provide the boxes to check if the item was standard equipment. That's why I was confused.
     
  4. AcidRayn

    AcidRayn Active Member

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    i think the nada values are just a hokey guideline.

    dealer says my 08 ultra is only worth 15,600? they are out of their minds.

    i put it on ebay and craigslist for 19,500 and had over 50 hits.

    (wasnt sellin, was looking to trade up to the 103 and got mad when they told me the trade value, i'm keep my 08)
     
  5. Dr. Dolittle

    Dr. Dolittle Experienced Member Staff Member Moderator Contributor

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    I've often thought about moving up to a 2009 but, like you, I'm happy with my 2008 and wouldn't get what it's worth to me in a trade so I'm keeping it.
     
  6. glider

    glider Veteran Member

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    Don't confuse retail prices with the wholesale prices the dealers pay on a trade in. They usually low ball you on wholesale at that .
     
  7. Dr. Dolittle

    Dr. Dolittle Experienced Member Staff Member Moderator Contributor

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    I always figure the NADA retail is approximately what they're going to try and turn around and sell my bike for after I trade it in so I try to negotiate my way as close as possible to it, ie minimize the dealer's profit off of my bike. Same as wrangling the price DOWN on a new bike. Dealer is always going to make something but your goal should be to minimize that amount.
     
  8. glider

    glider Veteran Member

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    The dealers like to try to make 2-3K on any bike they move similar to the markup on the new bikes.
     
  9. R. Lewis

    R. Lewis Senior Member Retired Moderators

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    I always thought that the Kelly Blue Book was closer to "right price" instead of NADA. ?
     
  10. CatWoman

    CatWoman Active Member

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    I thought the Kelly Blue Book was more accurate too!

    CatWoman :rider