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Showing results for tags 'profit'.
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Hey I was planning to buy bikes, do some cosmetic upgrades, and then resell it after a while. So I found a 2001 YZ125. He was asking $1,250... I know that I shouldn't negotiate over the phone but I did, after 5-10 tries, he lowered it to $800. Now the bike needs is a new frame paint ($20), some graphics ($50), a new tank since the color was faded ($180), and maybe new plastics ($100)... It is about 2 hours away, and we're going to need to rent a truck to pick it up. Not to mention pay for the transfer fees ($150) . So if I end up spending $1,300, and if I can sell it for $1,800-$2,000, I can make a maximum profit of $700. Should I go for it? The bike can possibly sell for $2000 in Cali since there's the whole Red Sticker and Green sticker thing. Red sticker you can only ride October 1- April 30. So no May, June, July, August, or September. Which is basically riding season. But this bike is a green sticker, so there's a huge value for them. With Green sticker, you can ride any time. I think I should go for it.
Hey guys, Just wondering, I got looking around for brand new "race ready" (Not stock bikes, but have aftermarket suspension etc) dirt bikes for sale and couldn't find any. They're all used and a few years old. Do you think a guy could buy brand new dirt bikes, never ride them and then install a lot of aftermarket parts and get the bikes so they're top quality motocross bikes and then sell them for a bit of a profit? Would you guys buy a brand new bike that is race quality (aftermarket suspension, levers, brakes, clutch etc) for a bit of a mark up so you wouldn't have to do all the work in putting it together and ordering all the parts? And also you'd get to take all the original stock bike parts with the purchase. I was thinking of higher end racing dirt bikes in the $20K range. I like tinkering in my garage and building bikes, even if I don't get to ride them... Any input would be appreciated. Thanks, Craig