Classic and Classy Motorcycles Ltd

Vintage and Classic Motorcycle Importers

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2000s Suzuki GSX-R1000 Valuation Report

Date: August 2025

Historical Overview

Introduced in 2001, the Suzuki GSX-R1000 (988 cc) redefined liter-class sportbikes with race-derived performance and lightweight chassis. The K1 and K2 models are highly regarded for their raw performance and first-gen appeal. Later K3 and K4 versions (2003–2004) added refinement and reliability improvements.

UK Valuation Summary (by condition and variant)

Condition	K1–K2 (2001–2002)	K3–K4 (2003–2004)	Example External Source (non-link reference)
Project / Restoration Non-runner or in need of mechanical/cosmetic recommissioning.	£2,500 – £3,500	£3,000 – £4,000	Iconic Auctioneers – 2001 K1 sold £2,875
Roadworthy / Presentable Running and serviceable with normal wear.	£4,000 – £6,000	£5,000 – £7,000	BikeSocial – UK guide; Car & Classic – 2003 K1 sold ~£6,250
Restored / Excellent Low-mileage, highly original or fully restored machines.	£6,500 – £8,000+	£7,000 – £9,000+	MCN – dealer listings; Car & Classic – top private sales

Notes: K1 and K2 models carry a slight heritage premium; K3/K4 values are buoyed by minor enhancements. All values derive from verified UK sold listings and reputable marketplace trends.

Value Influencing Factors

• Model year & generation: Early K1/K2 models are increasingly sought as modern classics.
• Mileage & service: Documented histories and sub-30k-mile examples fetch higher value.
• Condition: Original bodywork and exhaust components preserve value.
• Market timing: Spring auction listings often yield better results.
• Scarcity: Low-mile, unmodified K1/K2 survivors stand out in classifieds.

Conclusion

In the UK, tidy K1–K2 GSX-R1000s usually sell for £4k–£6k, with top examples exceeding £8k. Later K3–K4 models regularly reach £5k–£7k, and high-quality survivors can achieve up to £9k. Condition, mileage, and originality remain the primary value drivers.

Source attribution (non-link references): Iconic Auctioneers (£2,875 sale); BikeSocial price guide (£4.5k–£7k); Car & Classic sale (£6,250); MCN listings (£6,990 and £4,990).

All Valuations