What's a fair price for my GTS
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Molto Verboso
GTS 300 Super ABS/ASR, BV 350 ABS/ASR
Joined: 07 Jun 2014
Posts: 1125
Location: Washington DC
Thu Oct 15, 2020 10:06 am quote
Hello my fellow MVers, what's a fair price for my bike? Here's the link
Washington DC - 2015 Vespa GTS 300 Super w/full Malossi kit
Veni, Vidi, Posti
GTS 300ABS, Buddy 125, Buddy Kick 125
Joined: 29 Dec 2007
Posts: 11487
Location: Oregon City, OR
Thu Oct 15, 2020 10:27 am quote
I'm not sure about "fair", but scooters are worth what someone will pay for them. The NADA average retail for the bike is about $3,500. In my experience, performance parts don't usually add much to resale value. You should certainly check prices in various on-line listings, remembering that asking price and actual selling price are not the same thing. Looks like whoever buys your scooter will be getting a nice one.

Last edited by Dooglas on Thu Oct 15, 2020 1:37 pm; edited 1 time in total
Veni, Vidi, Posti
Kitted Vespa 2017 GTV 300, BMW 2019 K1600GT Sport, Ural 2019 Gear Up
Joined: 21 May 2017
Posts: 7601
Location: Downtown Toronto
Thu Oct 15, 2020 10:55 am quote
Agree with Dooglas, you rarely get a good return on farkle or gear. If possible sometimes it is best to sell them separately. It does look like a nice scoot so if you have time to wait the right buyer might come along that appreciates the upgrades.

Sorry to see you really are calling it quits but I can understand your reasoning. Not sure how I would handle it if in the same situation.



*EDIT* changed really to rarely... spelling is hard!

Last edited by Harbinger on Thu Oct 15, 2020 11:59 am; edited 1 time in total
Ossessionato
In garage: Yamaha Tricity 155 Urban 2019 - MV Agusta 125 RS 1956
Joined: 21 Jul 2007
Posts: 4142
Location: Latina (Italy)
Thu Oct 15, 2020 11:06 am quote
I approve of both Harbinger and Dooglas.
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Granturismo 218
Joined: 04 Feb 2013
Posts: 6356
Location: NWAOK
Thu Oct 15, 2020 10:56 pm quote
It's not what's fair or unfair, it's what someone else is willing to pay for it. The answer is probably not $6500.

In Winter, you are looking at low to mid 3K, maybe more if someone wants to give someone else a Vespa for Christmas. In Spring, high 3, maybe up to 42-4500 at tax time. White is not a popular color, so you are going to be a few hundred to a thousand back of what you could get if it's red or black, and it won't sell as fast. OTOH, the person who has always wanted a white GTS might find you.
Whenever I sold a used GTS that someone took the time and money to customize and make theirs with a lot of accessories, I removed them. The bike sells faster, because the used buyer knows they want a Vespa, and doesn't have a clue what anything else on the list is. So they are not going to pay for it, if there's another option where they don't have to.
The other problem you are going to have is that it's a five year old bike, and you are trying to get dealership money, without being able to offer customer financing or a warranty. People can put together 3-4 grand for a used Vespa, but much over that, and new ones look mighty tempting.
Hooked
2007 Vespa 250 GTS
Joined: 15 Sep 2016
Posts: 151
Location: Nashville, Tn
Fri Oct 16, 2020 3:57 am quote
I'll take the Shoei helmet. Tell me how much for shipping to 37055
Thanks
Tony
Veni, Vidi, Posti
Lx 50 4T, GTS 250, S 150 (Missing in KS), Something Chinese, GT 200 (sold)
Joined: 21 Feb 2011
Posts: 8912
Location: KS USA
Fri Oct 16, 2020 11:32 am quote
Hi Budz,

It sounds like you have invested a lot on scooter.

But no windscreen, no top box, no crashbars.

I believe your price is inflated.
Hooked
2015 Vespa GTS300 Super
Joined: 26 Sep 2017
Posts: 475
Location: Connecticut
Fri Oct 16, 2020 12:14 pm quote
Cool bike, but I don't know if someone would pay $6500. That seems a bit steep for a 5 year-old bike, even with all the mods and the relatively low miles. By comparison, a 2020 GTS300 HPE (less your cool mods, but plus a 2 year warranty) is $7200 from some dealers. If you want to sell it quickly, drop the price... Try $5000 to 5500 and see what happens. If you want to sell it really quickly, drop the price to $2500 and PM me.
Hooked
2020 GTS 300, 2011 LX150ie (hers), Bonneville T120
Joined: 09 Jun 2010
Posts: 440
Location: Florida
Fri Oct 16, 2020 1:36 pm quote
I have to agree with what others have said. I've learned over many years of motorcycling and buying and selling bikes, that the add ons don't really add value to the bike. (I also worked in motorcycle sales for a local Harley dealer)

They may make a scooter/bike sell faster but most folks will not pay extra for them. It's always best to remove what you can and sell them separately. Then price you scooter realistically to sell. When buying a used scooter, most folks just want the lowest price, and definitely not over book value.
Ossessionato
2014 Commuter BV350(45,000)/2015 Scoot Life BV350(10,000)/2010 El Diablito SH150i(30,000)
Joined: 27 Dec 2013
Posts: 2500
Location: Orange Park Florida
Fri Oct 16, 2020 2:47 pm quote
Hey Budz. I've known you since you owned an SH. Then a Kimco. Now you have a sweet Vespa and a BV.
I don't know the circumstances of the need to sell it but if you don't need the money/space keep it. It's always nice to have a backup bike when your primary bike is down for service.
Don't let the vultures start circling your Vespa.
Veni, Vidi, Posti
Kitted Vespa 2017 GTV 300, BMW 2019 K1600GT Sport, Ural 2019 Gear Up
Joined: 21 May 2017
Posts: 7601
Location: Downtown Toronto
Fri Oct 16, 2020 2:59 pm quote
breaknwind wrote:
Hey Budz. I've known you since you owned an SH. Then a Kimco. Now you have a sweet Vespa and a BV.
I don't know the circumstances of the need to sell it but if you don't need the money/space keep it. It's always nice to have a backup bike when your primary bike is down for service.
Don't let the vultures start circling your Vespa.
For those that are unaware.

Hit by a police SUV
Veni, Vidi, Posti
Lx 50 4T, GTS 250, S 150 (Missing in KS), Something Chinese, GT 200 (sold)
Joined: 21 Feb 2011
Posts: 8912
Location: KS USA
Fri Oct 16, 2020 6:51 pm quote
Harbinger wrote:
breaknwind wrote:
Hey Budz. I've known you since you owned an SH. Then a Kimco. Now you have a sweet Vespa and a BV.
I don't know the circumstances of the need to sell it but if you don't need the money/space keep it. It's always nice to have a backup bike when your primary bike is down for service.
Don't let the vultures start circling your Vespa.
For those that are unaware.

Hit by a police SUV
Shhh! They are both having a moment here.
Sergeant at Arms
Weird 80's Vespas & Cool Vintage Lambrettas
Joined: 21 Oct 2005
Posts: 8019
Location: The state of insanity, SoCal
Sat Oct 17, 2020 12:59 am quote
it's the middle of October, it's not selling time. this is buying time. from now until mid march prices are going to be low, not to mention the whole end of the world situation with everybody out of work and no fun money rolling around.

anyway, it's a nice bike. well maintained and cared for and with some tasty mods. but like moto said: it's not resale red, sultry silver, bangin' black or some sought after one year only or lusted after color.

it's a white gts with a bunch of performance stuff that nobody knows about.

in my neck of the woods, you're about 15 over. it'd move the needle at something like 45~50

unless you sit on it till you find that *one* person that wants exactly that or wait till spring comes a bloomin' figure more in that range.

best guess, 4750 is where you wind up.

-g
Enthusiast
GTS 300, BV250, BV350
Joined: 29 Jun 2018
Posts: 69
Location: Orange County, CA
Sat Oct 17, 2020 7:28 am quote
FWIW, I just bought a 2018 Super w/5k mi for $4800 in SoCal. Prices here tend to be a bit to considerably higher than elsewhere.

All of your farkles mean little, if anything to the average buyer. I would be looking at paying no more than $4500-$4700 for that bike if it were here. Avg NADA + 30% of the value of upgrades is my rough estimation for a starting point.

Values on non HPE models are going to continue to drop over time.
Veni, Vidi, Posti
Kitted Vespa 2017 GTV 300, BMW 2019 K1600GT Sport, Ural 2019 Gear Up
Joined: 21 May 2017
Posts: 7601
Location: Downtown Toronto
Sat Oct 17, 2020 7:55 am quote
GotMojo wrote:
FWIW, I just bought a 2018 Super w/5k mi for $4800 in SoCal. Prices here tend to be a bit to considerably higher than elsewhere.

All of your farkles mean little, if anything to the average buyer. I would be looking at paying no more than $4500-$4700 for that bike if it were here. Avg NADA + 30% of the value of upgrades is my rough estimation for a starting point.

Values on non HPE models are going to continue to drop over time.
Totally agree with you, Greasy and moto plus others. I buy farkles because I want them and realize I'll never get an ROI. That being said I am very glad I have the last model GTV produced and in a very popular colour that I believe Piaggio said it was retiring after the 2017 GTV. The custom black actual leather saddle and black leg trim might add some value. The malossi kit and Bitubos, remus , force master 2 etc I doubt I will get anywhere even close to what they cost me back.

The way I see it once I own something outright any money I get back is a bonus. A home is an investment, a bike not so much.

If you are in no rush wait for the right buyer and Greasy and Moto are bang on I believe with what to expect. The HPE has also hurt the market especially for the GTS. Anyone that does their homework (and they should) that is looking for a used Vespa will know about the HPE and that doe into play in your favour. I like white scoots but as said it's not a really popular colour.

*EDIT*

For fun I just checked the used listings for my model Vespa and I think I did make a good choice. I'm a little shocked actually though I'm not selling it anytime soon.
Sergeant at Arms
Weird 80's Vespas & Cool Vintage Lambrettas
Joined: 21 Oct 2005
Posts: 8019
Location: The state of insanity, SoCal
Sun Oct 18, 2020 11:16 am quote
i mean it really comes down to this: your bike is rad, and it has a grip of really cool shit on it. everything i would want-- but that's *just* me.

joe dickhead that wants a vespa can walk into a dealer, put 1K down and pay $99 a month for a brand new bike with a warranty in the exact color they want.

there's a buyer for your bike, it's just finding that person and figuring out where you want to meet on the money.

unfortunately, this time of year and what all else is going down it's a buyers market and not really a sellers market.

drop your price a few hundy and see if you get some nibbles.

-g
Addicted
two Vespa GTSs (Dragon Red and Black). GT 200 - Kymco Yager 200i
Joined: 19 Oct 2009
Posts: 561
Location: Saratoga Springs, New York
Sun Oct 18, 2020 4:16 pm quote
I warn you, in advance, that before retirement, I was called ďMr. TactĒ. It was intended to be sarcastic.
Honestly, I think this is a $3500-$4000 scooter. Iíve bought two GTSs each with under 1000 miles (one was a year old, the other was three years old) and the price paid, on average, was about 40% less than the retail price when new. They were both in perfect condition when bought.
To me, your mods are not worth paying much for; I would think 20% of your cost would be optimistic. A top case and crash bars would be worth more to most potential buyers.
One question: it seems awfully early to have replaced the brakes. I have 20,000 miles on one and 16,000 miles on the other with original brakes on both. Are you hard on the brakes or perhaps your shop is a little overly zealous?
Sorry to be pessimistic; I hope you do better.
Molto Verboso
GTS 300 Super ABS/ASR, BV 350 ABS/ASR
Joined: 07 Jun 2014
Posts: 1125
Location: Washington DC
Mon Oct 19, 2020 10:43 am quote
Thank you everybody for your sound perspective. I am definitely open to price reduction. The key is to be realistic and not sentimental. While I love my GTS, to everyone else, it is just another GTS...
Veni, Vidi, Posti
MP3 500, GTS 250 (both 2008 MY), 2012 Honda NC700 DCT
Joined: 02 Mar 2013
Posts: 6172
Location: Madison, Wisconsin
Tue Oct 20, 2020 8:01 am quote
Kayemtee wrote:
One question: it seems awfully early to have replaced the brakes. I have 20,000 miles on one and 16,000 miles on the other with original brakes on both. Are you hard on the brakes or perhaps your shop is a little overly zealous?
Sorry to be pessimistic; I hope you do better.
Excellent point about the brakes. Some things are best left un-said.
Ossessionato
2015 GTS300, 1974 Primavera, 04 Ninja 250
Joined: 04 Apr 2013
Posts: 4503
Location: San Diego, CA
Tue Oct 20, 2020 8:26 am quote
I gave 4K for my 2015 with no farkle and 10000 miles. But I agree you'll do better by removing the easy to remove stuff and selling it separately. I'm in the 4.5k-5k group on this one, depending on how much someone values the additions to the bike. I agree with Greasy - it's good stuff on there and in an ideal world that stuff would add up to a better price but a 5 year old bike vs a new one for 6-7K, you won't be able to get the price much north of 5k at best.
Molto Verboso
GTS 300 Super ABS/ASR, BV 350 ABS/ASR
Joined: 07 Jun 2014
Posts: 1125
Location: Washington DC
Tue Oct 20, 2020 1:37 pm quote
Madison Sully wrote:
Kayemtee wrote:
One question: it seems awfully early to have replaced the brakes. I have 20,000 miles on one and 16,000 miles on the other with original brakes on both. Are you hard on the brakes or perhaps your shop is a little overly zealous?
Sorry to be pessimistic; I hope you do better.
Excellent point about the brakes. Some things are best left un-said.
I got nails in both my tires and replaced them (I in construction sites a lot) so I had the brakes done too so I can ride the next 5,000 miles worry free. But the accident happened with the BV and here we are...
Molto Verboso
GTS 300 Super ABS/ASR, BV 350 ABS/ASR
Joined: 07 Jun 2014
Posts: 1125
Location: Washington DC
Tue Oct 20, 2020 1:39 pm quote
sdjohn wrote:
I gave 4K for my 2015 with no farkle and 10000 miles. But I agree you'll do better by removing the easy to remove stuff and selling it separately. I'm in the 4.5k-5k group on this one, depending on how much someone values the additions to the bike. I agree with Greasy - it's good stuff on there and in an ideal world that stuff would add up to a better price but a 5 year old bike vs a new one for 6-7K, you won't be able to get the price much north of 5k at best.
I canít take the mods off, they are mechanical and suspension. I donít have chrome, crash bars etc. they are not my style, I like the original Vespa design and donít have anything thatís not OEM not even a top case, except the mirrors.

I was planning on keeping my GTS for a long while. Itís quick and fun to ride. You can easily pop wheelies with it. Iíll miss it...
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Granturismo 218
Joined: 04 Feb 2013
Posts: 6356
Location: NWAOK
Tue Oct 20, 2020 9:39 pm quote
Madison Sully wrote:
Kayemtee wrote:
One question: it seems awfully early to have replaced the brakes. I have 20,000 miles on one and 16,000 miles on the other with original brakes on both. Are you hard on the brakes or perhaps your shop is a little overly zealous?
Sorry to be pessimistic; I hope you do better.
Excellent point about the brakes. Some things are best left un-said.
When most of your braking is pulling it back from 80-85 mph, you do tend to go through brakes.
Hooked
2018 GTS300 Touring
Joined: 17 May 2014
Posts: 130
Location: Boulder, CO
Wed Oct 21, 2020 7:33 am quote
I just did many of the mods you have on your bike (full Malossi cylinder kit, ForceMaster, Akropovic, etc). Having both bought and sold used and new GTS 300's, I knew going in that I wouldn't get back the costs of this work through re-sale. My rationale was different, though; either invest in a new HPE and the extra torque for $$$$, or upgrade my 2018 with 6k on it. I'm delighted with the results, but I don't expect to make that back.

Good luck...I hope you do well!
Ossessionato
2015 GTS300, 1974 Primavera, 04 Ninja 250
Joined: 04 Apr 2013
Posts: 4503
Location: San Diego, CA
Wed Oct 21, 2020 10:06 am quote
Budz wrote:
I canít take the mods off, they are mechanical and suspension. I donít have chrome, crash bars etc. they are not my style, I like the original Vespa design and donít have anything thatís not OEM not even a top case, except the mirrors.

I was planning on keeping my GTS for a long while. Itís quick and fun to ride. You can easily pop wheelies with it. Iíll miss it...
Well that depends if you did the install on them - sounds like no. If you were the more handy sort and had installed them, this would be possible but even then it's a lot of work. I wrote a whole thread in NSM section on detuning my P200 to make it sell easier and then selling off the go-fast parts. I ended up doing far better than I would have if I'd have sold the scooter in the tuned condition. Even so, I balked at removing my long stroke crank and left it in with a stock P200 barrel - hassle to dollar factor was too high . It was hard to accept that all my go-fast parts were worth near zero to the normal buyer market, but a few months of no sale made that sink in.
Molto Verboso
GTS 300 Super ABS/ASR, BV 350 ABS/ASR
Joined: 07 Jun 2014
Posts: 1125
Location: Washington DC
Wed Oct 21, 2020 11:30 am quote
sdjohn wrote:
Budz wrote:
I canít take the mods off, they are mechanical and suspension. I donít have chrome, crash bars etc. they are not my style, I like the original Vespa design and donít have anything thatís not OEM not even a top case, except the mirrors.

I was planning on keeping my GTS for a long while. Itís quick and fun to ride. You can easily pop wheelies with it. Iíll miss it...
Well that depends if you did the install on them - sounds like no. If you were the more handy sort and had installed them, this would be possible but even then it's a lot of work. I wrote a whole thread in NSM section on detuning my P200 to make it sell easier and then selling off the go-fast parts. I ended up doing far better than I would have if I'd have sold the scooter in the tuned condition. Even so, I balked at removing my long stroke crank and left it in with a stock P200 barrel - hassle to dollar factor was too high . It was hard to accept that all my go-fast parts were worth near zero to the normal buyer market, but a few months of no sale made that sink in.
yeah, I wasn't planning on selling my GTS. The idea was to keep it along with the BV 350 and in time trade in the BV for something else, maybe a new BV 400 if the rumors are true. But always keep the GTS, unfortunately the crash changed my out look on riding...
Ossessionato
2015 GTS300, 1974 Primavera, 04 Ninja 250
Joined: 04 Apr 2013
Posts: 4503
Location: San Diego, CA
Wed Oct 21, 2020 12:38 pm quote
sorry to read about your accident, I never read that thread but I caught up now. I hope you either have good luck with your sale or have such bad luck that you take up riding again and enjoy it
Molto Verboso
GTS 300 Super ABS/ASR, BV 350 ABS/ASR
Joined: 07 Jun 2014
Posts: 1125
Location: Washington DC
Wed Oct 21, 2020 1:38 pm quote
sdjohn wrote:
sorry to read about your accident, I never read that thread but I caught up now. I hope you either have good luck with your sale or have such bad luck that you take up riding again and enjoy it
thanks! Problem is, I love riding, I love the GTS and bikes in general...
Ossessionato
2015 GTS300, 1974 Primavera, 04 Ninja 250
Joined: 04 Apr 2013
Posts: 4503
Location: San Diego, CA
Wed Oct 21, 2020 2:29 pm quote
Budz wrote:
sdjohn wrote:
sorry to read about your accident, I never read that thread but I caught up now. I hope you either have good luck with your sale or have such bad luck that you take up riding again and enjoy it
thanks! Problem is, I love riding, I love the GTS and bikes in general...
that's a pretty solid reason to pause and think on it - maybe wait until spring when you'll do better on price anyway. you won't be able to get back into something so fun without investing some serious dough, so it might be worth holding onto for a bit...
Sergeant at Arms
Weird 80's Vespas & Cool Vintage Lambrettas
Joined: 21 Oct 2005
Posts: 8019
Location: The state of insanity, SoCal
Wed Oct 21, 2020 4:46 pm quote
sdjohn wrote:
Budz wrote:
I canít take the mods off, they are mechanical and suspension. I donít have chrome, crash bars etc. they are not my style, I like the original Vespa design and donít have anything thatís not OEM not even a top case, except the mirrors.

I was planning on keeping my GTS for a long while. Itís quick and fun to ride. You can easily pop wheelies with it. Iíll miss it...
Well that depends if you did the install on them - sounds like no. If you were the more handy sort and had installed them, this would be possible but even then it's a lot of work. I wrote a whole thread in NSM section on detuning my P200 to make it sell easier and then selling off the go-fast parts. I ended up doing far better than I would have if I'd have sold the scooter in the tuned condition. Even so, I balked at removing my long stroke crank and left it in with a stock P200 barrel - hassle to dollar factor was too high . It was hard to accept that all my go-fast parts were worth near zero to the normal buyer market, but a few months of no sale made that sink in.
Whattttt? I coulda held out longer and gotten those parts even cheaper?!??

J/K John, you hooked me up solid and Iím very appreciative of it.

Let me get my stuff wired tight and letís come together on the lammy/vbb/smallie situation. I understand itís dragged on and thatís my fault, but do know thatís on the front of my mind!

-g
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