Ask your local bank what they need. Maybe all you need to do is go to a couple of local trike dealers and ask for a resale value in writing.
Tomg
Is there any type of blue book for trike values?
I have someone looking to buy mine but they was wondering how to convince their banker to loan them more than what the standard 2 wheel bike is worth.
Thanks
MIke
[SIGPIC][/SIGPIC]
FAMOUS LAST WORDS: Don't worry boy's thoes Rebels could not hit an elephant at this distance. Gen. John Sedgewick @ Spotsylivania 1864.
4 Heritage Springers all 2 wheels
1997 x 2 Blue & White, 1999 Red,2002 Black
2004 ~ GL1800/CSC Kit Black w Red pinstripes
Ask your local bank what they need. Maybe all you need to do is go to a couple of local trike dealers and ask for a resale value in writing.
Tomg
I don't think NADA, or Kelly list trikes unless possibly the HD Triglide...at least I haven't seen any that listed trike conversions. I'd like to find one that did since I'm in the market for a trike and don't like the idea of offering someone a price for a trike that might be so low as to insult the person selling it. In fact I declined to make a guy an offer just this past week for just that reason. We don't have any trike dealers in my area, and very few trike riders; so there aren't many people to get information from.
I think a pretty good rule of thumb is.
Kelly book book for the bike + 50-75% of the trike kit cost + 10-25% of the accessories is a pretty close realistic value.
But a banker needs somehting in writting to justify the loans he is making.
[SIGPIC][/SIGPIC]
FAMOUS LAST WORDS: Don't worry boy's thoes Rebels could not hit an elephant at this distance. Gen. John Sedgewick @ Spotsylivania 1864.
4 Heritage Springers all 2 wheels
1997 x 2 Blue & White, 1999 Red,2002 Black
2004 ~ GL1800/CSC Kit Black w Red pinstripes