Andy,
I am in the market for a clean low mile (25K to 30K) Interstate in the $6,000 to $7,000 range. I started on the search when I began to notice that there were numerous bikes that fit what I was looking for at that price range on craigslist and ebay.
I started my research as I normally do, and what I found was very interesting, and frustrating. The price of the 1500 Valkyries has come down considerably, and if they are not priced accordingly, they will not sell. If they are priced by today's market, not for the sentimental value or what bling was put on through the years, they will sell.
POINT;
Doing a search on ebay for Valkyrie Interstate sales, round numbers, I could have missed a few but you will get my point.
11 listings SOLD for an average of $5,200
That price includes the $2,800 and $3,100 bikes that were listed, along with the cream puffs. (none of the bikes listed had more than 82K miles)
16 listings DID NOT SELL, and the average listing price for them was $8,100
(A couple of them listed 4 or 5 times at the same price.)
I have found that the bikes that prompted me to start looking for a low mileage cream puff have long since sold, and the ones that are over priced are still sitting there waiting for that daddy deep pockets to come along and pay their price.
I have a blue Interstate with 82K on it that needs nothing. Newer tires, new U-joint, new rear bearings, rear end service, etc. I have it listed on craigslist for $4950 and have only had 3 calls on it in 3 weeks, SO, I have to make a choice, lower the price, or keep it.
Jim
saw your immaculate blue/silver I/S on craigslist, looks SHARP. If I was in the market for yet another I/S, yours would be at the top of my listings not only due to condition, but also low price.
And yes, the younger generation is not that much into motorcycles, thus the low sales, as well as no disposable income.