Update: Unsold at $6003 w/24 bids
From Timbrook Honda in Winchester, VA, a new 2014 VFR800 DLX in pearl white has failed to meet reserve with bidding to $6211.
This kind of result is significant in that it paints a real-time picture of current market value for a given model. You do need to make value adjustments for factors like time of year, location and potential shipping costs, plus additional dealer costs — in this dealer's case the buyer would have to add $614 in dealer fees. Timbrook's website lists this bike at $7999. That shows us a serious disconnect between the seller and the market.
UPDATE: Timbrook has relisted this bike at $7999 or make offer.