He's relisted it at the same start price, now we know the reserve price is $3500 I doubt if he will get much interest.
A reasonably good one at a bike dealer is $6995 as below.
https://www.trademe.co.nz/Browse/Listing.aspx?id=1498151722
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That is a fresh import from Japan, he's had it listed for 2 months now.
Anyway, they are few and far between here in NZ and I guess that is jacking up the asking price.
I really need a 'project bike' for winter now that I've pretty much sorted my 'Busa (oh, apart from Ohlins suspenders and light wheels and Brembo brakes which will come later, I was hoping to make a bit of $$ on the clean up and sale of that GSXR to put towards those precious metals) and it's fun just to have an old classic in the shed also!