I traded my '02 in Oct last year and got $3300. I though it was low but I got a New Tiger for $9000 which was a great deal plus 15% off accessories including install(and those heated grips took the tech 1 1/2 hours). You could probably get $4000+ in a private sale as the dealer got $4500 for my TBA.All he did was put a new front tire on.
Good Luck.