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i've seen them advertised new with helmet jacket and gloves for $5,500 on the road. mates rates might be cheaper than new but no warranty. for 4k you can get a decent CBR 250rr which will be a better bike. it will be older and maybe slightly more 'used'.
your mate might be trying to get you to pay more than he would get for a trade in price because he knows how crappy resale really is. my first bike cost me $7200 and i sold for $4000. that was an fzr250rr 91 model with 12000 k's (photo below left)
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