Thank you very much for the quick reply! Glad to hear I can go in and hopefully not leave with buyers remorse. I simply can't justify 20k on something brand new. With its timeless design and minimal electronics I think I'll be a happy. I'm a mechanic / body guy by trade I'll be going over it thoroughly. But you being a long term owner anything in particular I should be sure to inspect? Known issues ect ect?
That price is likely influenced by both the fact that it's a dealer and that prices are still a little on the steep side overall. Better than they were a few months ago, though.
With that said, I guess it's all subjective, really. When I bought my old '06 in...I think it was in 2016...I paid $4800 and it had just over 7k miles. This was a Craigslist ad...and in SoCal...for reference. Prices have been so inflated as of late, good deals are hard to come by. Maybe in a few more months we'll see things drop back to a more 'normal' state.
If it was me, I wouldn't spend that much on an '04, even if it had 2k miles...but that's why I say it's subjective, because I'm sure there are plenty here who would probably jump on that bike right away. I don't know that the '04 had any 'infamous' issues. From what I recall...and memory is sketch...I would say the '04 was a solid bike.
In the end, though, as you suggested already, you have to consider the age of all the parts. That would be my number one concern, aside from any unseen internal issues. Low miles is good, but it also means that the bike has barely been ridden in the past two decades. That's a lot of sitting around, which could be just as bad a something with high miles.
Right now on Cycletrader I see a 2012 1KRR with 7,700 miles going for for $9,500 (and taking offers). 2.5k more than the one you are looking at, but also 8 years newer, and I would say objectively a much better bike overall (sorry
@mountain CBR !!). Of course, it might not be local to you, either, but just an example.
In any case, in the event that the bike has no major issues, it's hard to fathom that you would have any amount of disappointment if you bought it. Old or not, it's still a Honda, parts are readily available, and the first year 1KRR was a pretty big deal.
Shaun