[almost famous]

I just placed the highest bid on it so far and although I am leary to buy anything used, I got a good feeling about it.
The price seems reasonable so far.
I hope someone could tell me if this Spyder is worth the money.
Karin


Can-Am : CAN AM:eBay Motors (item 120466195915 end time Sep-11-09 10:03:23 PDT)

 

[Jeffsm69]

It's a good deal at the current price, however his reserve is not met. You can probably get a good deal at your local dealership since the 2010's will be released soon.

 

[almost famous]

It's a good deal at the current price, however his reserve is not met. You can probably get a good deal at your local dealership since the 2010's will be released soon.

Yes, but won't a dealer charge me extra for all those mods, lights, and extras.

Does the dealer include the Hindle too?

and can a dealer charge me tax on a used Spyder?

these are all the things I am considering and really need some help.
Karin

 

[Jeffsm69]

Yes, but won't a dealer charge me extra for all those mods, lights, and extras. (Yes, but his reserve is not met, anyone selling a bike usually removes any aftermarket parts and sell them outright, they are worth more money than leaving them on the bike)
Does the dealer include the Hindle too? (No, but alot of dealers actually provide coupons for at least $1,000.00 towards Can-Am Assessorues, like the Hindle exhaust, 6 spoke wheels, rear sport rack, back rest, etc.)
and can a dealer charge me tax on a used Spyder? (I don't believe you will be able to dodge the tax, even if you but the bike on EBay, you will still have to register the bike in your state, you will have to report the sales price and provide a receipt)
these are all the things I am considering and really need some help.
Karin

Another thing to consider is the bike is a 2008, there have been moderate improvements to the later models such as wiring, brakes, DPS recall, etc.

KBB Price for Trade in => $10,800 / KBB Price for Retail => $14,590
Usually split the difference => $12,695 + Accessories => $2,500 => $15,195 +Tax/Title/Tags
IMHO, I would not bid above the price listed above. Hope I've helped.

 

[almost famous]

Another thing to consider is the bike is a 2008, there have been moderate improvements to the later models such as wiring, brakes, DPS recall, etc.

KBB Price for Trade in => $10,800 / KBB Price for Retail => $14,590
Usually split the difference => $12,695 + Accessories => $2,500 => $15,195 +Tax/Title/Tags
IMHO, I would not bid above the price listed above. Hope I've helped.

Thanks Jeff, I have the high bid and let's see what happens.
$15,195 plus tax and all that other stuff is very close to what i want to spend on the Spyder and this Spyder look in really nice shape.

I don't know myself what hours mean, but is 14 hours on a bike that is ten months old many hours?
Karin

 

[Jeffsm69]

Thanks Jeff, I have the high bid and let's see what happens.
$15,195 plus tax and all that other stuff is very close to what i want to spend on the Spyder and this Spyder look in really nice shape.

I don't know myself what hours mean, but is 14 hours on a bike that is ten months old many hours?
Karin

Hours means how long in hours the engine has been running, I'm not sure what kind of maintenance he could have possibly done to this point, the Spyder isn't due for the first service until 600 miles. Good Luck.
His reserve is still not met & he claims to have lowered it 3 times.

 

[almost famous]

Jeff, do you think this is a fraud because I would hate to lose money.

Do those look like accurate serial numbers?

 

[almost famous]

Now I feel better...

I looked at the revisions on the Spyder and he has lowered the reserve three times for real.

At least I know the guy is honest.

I chatted with an ebay rep and they said everytime a reserve is lowered they know about it and it shows up in the revisions section.

keep your fingers crossed!
Karin

 

[Jeffsm69]

I looked at the revisions on the Spyder and he has lowered the reserve three times for real.

At least I know the guy is honest.

I chatted with an ebay rep and they said everytime a reserve is lowered they know about it and it shows up in the revisions section.

keep your fingers crossed!
Karin

I've read all the revisions and questions, seems to be ok, the only problem with the listing is his reserve is still not met, I think he's hoping to get more money than the bike is worth. If the auction ends prior to the reserve being met, he does not have to sell.

 

[almost famous]

Wait, what do you mean he doesn't have to sell?

I have the highest bid right now and if the auction ends and I am the highest bidder how could he not sell it to me?

Isn't it a legal contract?

 

[Jeffsm69]

Wait, what do you mean he doesn't have to sell?

I have the highest bid right now and if the auction ends and I am the highest bidder how could he not sell it to me?

Isn't it a legal contract?

He's only required to sell if his reserve price is met, some have asked but he will not disclose the amount. It's only a binding contract is his reserve price is met.

 

[Jeffsm69]

EBay Statement:
A reserve price is the minimum price the seller will accept. This price is hidden from bidders. To win, a bidder must have the highest bid and have met or exceeded the reserve price.

According to the listing, his reserve price has not been met. So, only one requirement of the biding contract has been met, you currently have the high bid, now you must meet his reserve price.

 

[Spyderman]

Wait, what do you mean he doesn't have to sell?

I have the highest bid right now and if the auction ends and I am the highest bidder how could he not sell it to me?

Isn't it a legal contract?

On EBay, as long as it has not met the sellers reserve, they do not have to sell the item, They can choose to lower the reserve and accept the offer. Based on what I've seen them going for on EBay, he should take the 15,100 and be happy.

If you want to see past sale prices on EBAy it is easy. Just do a search for "canam spyder" and then on the left of the page, about the sixth "Box" down (Search options), click "Completed listings". I always do that before bidding on anything on EBay, it gives you an idea of what a great price is before bidding, specially if it is something not that unique that is almost always for sale by someone.

 

[Spyderman]

Four hours to see if you win!

One more thing about EBay...... the only part of an auction that really matters is the last minute. Think of it like poker, it ain't over 'till that last card is flipped! So people bidding early are basically showing their hand, and also getting others to influence them to spend more for an item as they get "Caught up" in bidding.

There is a service called "Esnipe" (eSnipe - Bid on eBay Automatically - eSnipe 3.0) that allows you to put in your max bid, and it puts that bid in for you at the absolutes last second. The service will also alert you if someone has bid higher than your amount before the auction ends. The difference between this and the max bid ebay allows you to enter is that others cannot pry away at your bid to find its max before the auction ends. That and the fact you do not need to hover on the item at teh end of the auction is what you are paying for (the service is pretty cheap).

As an example, I was in need of a drywall lift a few weeks ago. I researched and found the lowest winning bid on previous auctions was $145, with the average in the neighborhood of $165..... and some as high as $180 (all for the same item from the same seller!) so I put in an esnipe of $147 on several auctions until I won, I think it was the third auction that was the winner. So a little patience was worth $20. The fun is not in the $20, but in the "Game" to get the lowest price

So anyway, that is my theory of Ebay Hope you win your Spyder!

 

[Jeffsm69]

Good point spyderman, the bidding is up to $15500 and the reserve is still not met, I'm guessing his reserve is unrealistic and noone will win this auction, its a shame, that is a fair price IMHO.

 

[almost famous]

Yes, I just woke up and saw it was 15,500.00.

is that a lot for that bike with all those mods though?

 

[Jeffsm69]

Yes, I just woke up and saw it was 15,500.00.

is that a lot for that bike with all those mods though?

On Ebay, it's worth whatever someone is willing to pay, I would only pay $15,195.00 Max., but that's just me.

 

[Jeffsm69]

Well, no sale. I guess he'll relist in December according to the questions asked. He'll probably set the reserve to high then too.

 

[almost famous]

I just emailed him and his reserve was 19,000.00 but the good news is he is willing to take 16,500.00 so I am on my way to the bank.
He said he would cut me a break since he didn't have to pay the Ebay fees.
Thanks for all your help and will post pics as soon as I can.
Karin

 

[Jeffsm69]

I just emailed him and his reserve was 19,000.00 but the good news is he is willing to take 16,500.00 so I am on my way to the bank.
He said he would cut me a break since he didn't have to pay the Ebay fees.
Thanks for all your help and will post pics as soon as I can.
Karin

Congratulations Karin, Good luck. Keep us posted.