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Thread: 2002 K1200LT 32k miles value.

  1. #1

    2002 K1200LT 32k miles value.

    There is one for sale near me. I rode it some time ago, and had no issues. Ran smoothly, started and shifted well, reverse worked. Radio and cruise worked. ABS lights seemed normal. No serious cosmetic problems, perhaps a scratch or two.

    Don't know the maintainance history, but it looks good. 2nd owner, and he doesn't ride it. (Harley-guy)

    NADA shows $2535 to $2980 average retail (depending on whether it is Custom, Elite, or Standard). I included cruise (only) as an option. Think it was standard on most or all models, although there may be other options.

    Kelly Blue Book is higher. $2765 to $3105 trade-in, depending on model. $3965 to $4455 retail.

    It has a trailer hitch, heated grips and seat, and CD player.
    Ignoring the KBB retail, the highest price for any model is $3105. I was thinking of offering him that. Any thoughts as to price, or things I should look for or need to expect?

    Edited:
    Forgot to mention, it indicates 32k miles.
    Last edited by richw; 10-08-2019 at 10:38 PM.

  2. #2
    Quote Originally Posted by richw View Post
    There is one for sale near me. I rode it some time ago, and had no issues. Ran smoothly, started and shifted well, reverse worked. Radio and cruise worked. ABS lights seemed normal. No serious cosmetic problems, perhaps a scratch or two.

    Don't know the maintainance history, but it looks good. 2nd owner, and he doesn't ride it. (Harley-guy)

    NADA shows $2535 to $2980 average retail (depending on whether it is Custom, Elite, or Standard). I included cruise (only) as an option. Think it was standard on most or all models, although there may be other options.

    Kelly Blue Book is higher. $2765 to $3105 trade-in, depending on model. $3965 to $4455 retail.

    It has a trailer hitch, heated grips and seat, and CD player.
    Ignoring the KBB retail, the highest price for any model is $3105. I was thinking of offering him that. Any thoughts as to price, or things I should look for or need to expect?
    $3,000
    Paul Glaves - "Big Bend", Texas U.S.A
    "The greatest challenge to any thinker is stating the problem in a way that will allow a solution." - Bertrand Russell
    http://web.bigbend.net/~glaves/

  3. #3
    [QUOTE=PGlaves;1181004]$3,000[/QUOTE

    Offered $3k. He says 4k or he'll keep it.

  4. #4
    Registered User drneo66's Avatar
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    Maybe he or she will find the right buyer, but the market is super flush right now with K1200's (at least in my area).


    My previous response here still holds:
    https://forums.bmwmoa.org/showthread...value%2C+drneo
    Current: 2007 BMW R1200RT, 2013 F800GS
    Former: 1995 BMW K75S, 2009 BMW G650GS
    MOA Member #:150400, IBA#: 37558

  5. #5
    [QUOTE=richw;1181066]
    Quote Originally Posted by PGlaves View Post
    $3,000[/QUOTE

    Offered $3k. He says 4k or he'll keep it.
    Well, don't fail to buy a bike you want because of my opinion. If you decide what you think it's worth then ...

    Almost nobody pays KBB "retail" in a private sale because retail pricing presupposes some degree of scrutiny and an obligation of truthfulness from a dealership which is seldom present with a private sale. On the other hand NADA is just a book to wave around when they don't want to allow much in trade in, and for insurance adjusters to use to give lowball settlement offers. Ask me how I really feel about that little orange book.
    Paul Glaves - "Big Bend", Texas U.S.A
    "The greatest challenge to any thinker is stating the problem in a way that will allow a solution." - Bertrand Russell
    http://web.bigbend.net/~glaves/

  6. #6
    Just an opinion after owning a K1200lt for about 125,000 miles. I loved the bike except at low speeds. It never left me on the side of the road but EVERYTHING that has been reported as a weak point broke and had to be replaced to my bike. (Clutch slave cylinder leak which took out the clutch, rear end bearing failure, rear brake rotor wore out, abs module failed,the poorly tempered springs had to be replaced along with the shocks) Maintenance is difficult and expensive and it goes through expensive tires like there is no tomorrow. Maintenance and repairs cost in excess of the retail price of the bike while I had it.

    I loved mine. I was very happy to see it leave and I would never recommend anyone waste their money on one.

  7. #7
    JohnWC
    Join Date
    Mar 2010
    Location
    Akron, Ohio
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    [/QUOTE Offered $3k. He says 4k or he'll keep it.[/QUOTE]

    He's dreaming. Let him keep it. The K1200LT at this point seems to be the most unwanted BMW motorcycle out there. And for good reasons. The previous poster pointed out a lot of them. They are heavy, outdated, difficult to work on, and, as that guy will quickly find out, just about impossible to get rid of. I've seen them for $2000 and no one will touch them. There must be a reason you are considering purchasing one, but for the life of me, given all the better BMWs out there, I can't figure out what it would be. Check out Chris Harris's video and opinion on the K1200LTs. I think you'll find it enlightening.

  8. #8
    Thanks for the input.

    I presume you meant this video:
    https://youtu.be/lxbO7QV067s
    I think I deciphered how Chris really feels.

    When I bought my RS I had considered an LT, but figured the number of times I would take a really long ride would be few and far between, and the number of times I regretted buying an 800+ pound monster not-so-few. I think I made the right decision. On the other hand, for those really long rides, and if I had two. . .

    Thanks for the input. I don't feel bad about not getting it.

  9. #9
    Registered User
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    I pick up two of them one is a 2000 with 23k and the last one is 2001 with 14k. I happen to like that style of BMW. If you cannot work on them your shelf and have a lot patience then I would stay away from them. The last one I got for $1800.00 nice and clean. And a friend just pick up a 2000 with 10k for $2500.00 There is a lot of go deals out there. I look for the 2001 and early as there brake system is less complicated.

  10. #10
    JohnWC
    Join Date
    Mar 2010
    Location
    Akron, Ohio
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    [QUOTE:I don't feel bad about not getting it.[/QUOTE]

    Good for you. I really think you've saved yourself a lot of grief. Keep looking. You'll find a better machine that suits you. There are lots out there. But don't be surprised if you get a call from the guy in a few weeks saying he'll "let it go for $3000."

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