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Fair Price? - DRZ125L

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A friend purchased a 2005 DRZ125L for his son this past Christmas (12/31/04). I think he paid about $2,600 OTD. The bike has been cared for and is totally stock. He's considering buying his son a 2 stroke.

1) What would be a fair price to purchase his used bike?

2) Also, as a reference point, would there typically be dealers unloading the 2005 at a discount, and if so, about what price OTD new?

Thanks!!

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