J.d. Power Motorcycle Value (2024)

FAQs

What is fair market value of a motorcycle? ›

Fair market value is what the current market would pay for a motorcycle in good condition on the used market. The mechanical and visual condition of the vehicle also factor into determining fair market value.

NADA stands for National Automobile Dealers Association. Like Kelley Blue Book, NADA takes information about motorcycles and the marketplace to determine values. Values are based on condition, mileage, age, etc.

How does mileage affect the value of a motorcycle? Kelley Blue Book does not give dollar figures to add or deduct based on mileage for motorcycles. The reason for this is that the condition of the motorcycle is of far more importance than the number of miles it has been ridden.

Is there such thing as too much power on a motorcycle? How much power is “needed” will depend on how a motorcycle is going to be used. For a general use street motorcycle I think something in the 25–30 horsepower range is probably adequate to get you on a freeway without being run over.

Your motorcycle's actual cash value is determined based on a mix of authoritative estimates, such as valuations listed in independent vehicle value guides and current prices for similar motorcycles in your area. The actual cash value can also account for depreciation and supply and demand, among other factors.

Utilizing the services of a professional home appraiser is the most accurate way of calculating the fair market value of a home. However, it is possible to crunch the numbers without hiring an appraisal service by analyzing the sale prices of similar homes that have sold in the prior 6 months in the same neighborhood.

NADA is no longer. Now it's J.D. Power!

KBB factors in the condition of the vehicle, local market conditions, and popularity of the vehicle, so their prices tend to be a lower than NADA. NADA values tend to lean higher because they assume cars are in good conditions. Insights can be gained from both values, but KBB looks at more factors.

Know the numbers, but look beyond them. Generally, high mileage on a motorcycle is anywhere from 20,000 to 50,000 miles. For sport bikes, the high mileage number will be on the low end (usually around 25,000), while cruisers and touring bikes typically become high mileage in the 40,000- to the 50,000-mile range.

High mileage for a motorcycle can be anywhere from 15,000 miles to 50,000 miles depending on what type of bike it is, where it was ridden, and whether the previous or current owner kept up with maintenance requirements. However, don't just look at mileage when deciding whether a used motorcycle is a good purchase.

What is the life expectancy of a motorcycle? ›

While some bikes might start showing their age around 20,000 miles, meticulously maintained machines can easily clock in 50,000 or even 90,000 miles before major issues arise. Think of it as a marathon, not a sprint: a well-cared-for bike can go the distance. A motorcycle's past whispers volumes about its future.

Without exception, all motorcycles get better fuel economy when cruising at lower speeds. Peak fuel economy typi- cally occurs at 30-35 mph.

For first-time buyers and new riders, it's a bit easier to narrow down what is “good” cc for a motorcycle. You'll want something that delivers the full experience—so we recommend looking for bikes with at least 300cc.

600cc Motorcycles:

Just a notch above the 500ccs, this class tends to vary widely based on engine power. Single and 2-cylinder bikes tend to get up to 55 to 80 HP, while 4-cylinder bikes can easily reach 80 to 130 HP.

Fair market value (FMV) is an asset's estimated value if it were sold today in the current market. FMV is commonly used in real estate to value property, but it's also used to determine the fair market price for shares of a company's stock and other financial assets.

The global motorcycle market was estimated to grow from over 133 billion U.S. dollars to some 136 billion in 2023 as the market continued to recover from the revenue drop recorded at the onset of the COVID-19 pandemic. This rebound somewhat dampened amid supply chain issues in 2022.

You can find the actual value of your car by going to a library or bookstore and referring to a Kelley Blue Book. Or, you can find similar vehicles that are being sold in your area (within 50 miles of your zip code) with local auto trade magazines, or online.

The world of fair market value is not the real world. It is a special world in which the participants are expected (defined) to act in specific and predictable ways. It is a world of hypothetical willing buyers and sellers and of hypothetical transactions.