Looking at buying a 1998 BMW 1000RT w/40K miles on it.
In short, BMW prices are directly proportional to the service history and condition.
Personally, I think $6200 is high. I bought a 2000 model RS with 15K miles for $3200, full service history, lots of factory extras - panniers, top box, tank bag, screen, seat, etc. It had a little road rash on one fairing panel, but that was $300 to put back to perfect.
I would expect to pay around $6K for a similar vintage LT, not an RT. IF it was mint, maybe 6K is the right price... I would look for between $4500-5500 for a tidy one - good tires/brakes, great exhaust, immaculate paint, full BMW service history, warranty.
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