Making $ off one.

[Sonic69]

Kicking around the idea of buying my friends 02 Road King. I can get the parts at dealer cost. We would rake it and 26"it, do stretched bags, and paint it ourselves. We would do all the labor. I can buy it for 8k with 14k miles on it. It's super clean. I just wonder if I could sell it and make a couple grand when it's done. What do you guys think?

 

[QuikHD]

More money to be made if you can find a buyer first and build it to their specs. The market is full of people looking to get a steal of a deal right now. Everyone who is buying thinks they are special and the only one with money.

 

[vrog]

When doing a bike with hopes to sell it we all need to keep one thing in mind.

In your case its an 02 road king and at thw end of the day even after a full blown build its only worth whatever book is on a 02 road king. However the odds of finding a buyer for $25-$30k is a lot better than say a guy like me who would need $65k to even tbink about selling.

I already have a word doc with my next build should tbe day come. I'm also gonna do a roadking. Save a lot of money compared to a bike with a fairing. I would want nothing older than an 07 so I could get the 6sp. Good Luck!

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[Buggy]

You gotta think also ,how many have cash to spend or need to borrow money for that kinda toy.Its hard to borrow on somethin that old

 

[CHAINSAW]

You gotta think also ,how many have cash to spend or need to borrow money for that kinda toy.Its hard to borrow on somethin that old

Exactly right,.. and banks will only loan a guy 80-90% of what the bike books for. Most times they don't care how much extra is on it. It would be a hard sell right now to build it and sell it, I agree with QuikHD as I would find a buyer then build to his specs for his budget.

 

[Buggy]

It sounds a good price but maybe not so extreme. Do a Lil make a Lil$ to do a newer bike ,in steps so to speak

 

[Classic$98]

This is tough.......sounds like a good idea but probably not. Sounds like you would need to spend a good amount still, how much would you like to make?

 

[Bagged64]

Sounds like a pretty good deal to me, but don't know if I would put so much into it. I bought my 2002 Road King FLHRCI in July with a little over 7,000 miles on it for $8000. Things I wanted were at least 21" wheel, Apes, fishtails, hard bags, lowered front and air ride. Well it had the 21" and fishtails. Bought wild 1 apes and cables for $400, extended switches for $40 on ebay, hard bags were $100 after sold leather bags, front lowering was $85 on ebay and air ride was $350 on ebay. A buddy and I are doing the paint, so that will be about $450. so, I'm pretty sure I can make money if I wanted to, but there were deals that I had to find. I think you shouldn't go too overboard, because you might never find that guy that has that much money and has the same style as you. When I was looking around I had to keep asking myself what was the cheapest way to get it like I wanted it to be in the end and passed up some nice looking stock bikes and custom bikes, because it would have been more work if I went with those.