Topic: 1975 Honda CB550 price guide ???

[B.O.X.N.I.F.E.]

Thanks for all the replies, unfortunately..............

I talked to the guy selling it last nite and he said today I could come and look/purchase but not til after 11:30am and said I was going to be first one to look at it, that there has been a lot of tire kickers but not much interest in laying out the cash.

He calls me this morning around 9am and tells me a guy is coming with a trailer to look at it, then calls me at 10am and tells me its sold. Oh by the way it was on Craigslist.

I learned my lesson when a very nice CB350 came up locally on Craigslist for 300$. The ad stated clearly not to call before 5pm. I called at 5:02 and the bike had been gone for hours.

Now if I want one I persue it like a wolf. I thought playing by the rules would pay off, but someone more aggressive has the bike now. So far I haven't missed out on a bike for being too aggressive. To the contrary, I bought a 450 from a guy recently who said he sold it to me because I was the 'most persistant' 

[Gordon]

Yep.  Doesn't matter what the ad says.  The first person with cash in hand gets the bike. 

[Gordon]

I don't know about your insurance company, but mine goes by current market value, specifically what similar bikes (or vehicles) are listed for in and around the area. Bluebook has little affect on it. My camaro had a bluebook of 900. It was a decent 87 350 TPI, but had 180K miles. It was totaled and I sat down with the adjuster. He showed me the bluebook and I was astonished how low it was. He then pulled up traderonline.com, ebay, and the local classifieds section of the paper. We agreed on $4200. After my deductible I received a check for $3700

Now on my 550, I have a stated value policy so they will pay out WAY more than $300, without having to sit down and negotiate.

If your insurance only pays out trade in value, that's a load of crap. I would be finding a new insurance company. I would buy any vehicle I could for trade in value!

How much extra do you pay for the coverage over liability and how much would it actually cost to replace or rebuild your 550?  I'm not trying to be argumentative, I'd actually like to know. 

I only carry liability even on my K1, which is definitely the most valuable of my current three bikes, because the cost of comprehensive (with $500 deductible figured in) seems like more than it's worth over the course of several years of riding.  By putting the extra I would pay for comprehensive, let alone an agreed upon value, into my savings account, I have saved more than it would cost me to repair anything but a complete destruction of my bike.