Fair Market Value Question for Write-Off

  • Thread starter Thread starter alecmuffett
  • Start date Start date
alecmuffett said:
So I'd like to ask the panel: what's the fair market value of a 20-month old R1200GS with BMW panniers + mountings, accessory socket, FSH, from new, single owner?

Alec
My 04 bike was bought from the local dealer here in August, just under 30 months since reg. , wire wheels, no luggage. I paid just under £8k with a years BMW warranty.
 
alecmuffett said:
My 12GS is a writeoff (sob)

So I'd like to ask the panel: what's the fair market value of a 20-month old R1200GS with BMW panniers + mountings, accessory socket, FSH, from new, single owner?

The assessors are calling me back with their number this afternoon, I'd be interested in having grounds for comparison.

Many thanks, all!

I had the same offer for a similar bike but with 7k miles. However, they treated the top box, alarm as "accessories" and paid for them in addition taking it up near enough to 8500 in total. Got nowhere trying to negotiate.
 


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