Join Date: Oct 2005
Location: Plant City, FL, USA, 33566
The XR650R1, which was the closest I could find, has a low retail of $1865 and a high of $2455 on NADA. KBB gives a good condition trade in a value of $2175 and a dealer resale value of $3195. By those values he seems to be high, but it all comes down to you and what your willing to pay, as well as the condition of the bike. Good luck.
Protect yourselves! The squirrels are plotting to steal our nuts!