| Author | Message | ||
     Ron_luning |
I'm thinking of trading my '09 1125R in for something completely different. With approx 4800 miles, what do you guys think it would be worth (trade in) at a foreign bike dealership? I'm guessing maybe $6000 tops. | ||
| Freezerburn840 |
Maybe in 5 years. But now they were handing these out at 8 OTD or about. I doubt getting 6,000 unless you try selling it yourself. | ||
| Badlionsfan |
$4500. Now go see what they'll give you and report back. I'm curious. Btw, what ya lookin to get? | ||
| Ron_luning |
Just thinking of unloading the Buell and my '02 FZ1 for a Suzuki V-Strom 650 w/ABS. Weird I know, but it's the most economical swiss-army bike I can think of. One salesman I talked to said his value guide had it at $7000 as of the end of the summer...maybe they'll base if off that! | ||
| Daggar |
That would rock. I'd love to have a 650 Strom. | ||
| Hapo |
...more than one person has suggested that I take my new 09 1125R to a Jap dealer and see how much I can make on a trade in... | ||
| 99buellx1 |
As long as they are going off book price and are not up on the current new slashed pricing, you should do allright in comparison. ...but many have purchased brand new for less than that trade price you guessed in the first post. | ||
| Froggy |
You must of not heard of a Uly  | ||
| Xnoahx |
Being in a Buell dealer I probably wouldnt offer more than 3k for one on trade | ||
| Ron_luning |
I've heard of it all right. In fact I was close to buying one a few years back. Now that the Uly's resale is destroyed thanks to H-D, I can't justify the extra cost vs. the 650 V-Strom, and ABS is not available on the Uly. Plus I might get better trade in value from a Jap bike dealer than I would from a H-D shop. I'm thinking of following his lead:  | ||
| 1125rpilot |
Too bad he is not American | ||
| Cafefun |
I would highly recommend the vstrom 650 have had 2 and really miss them and thinking of getting another one soon | ||
| Kidder |
What cafefun said. If you're looking for an economical Swiss-army motorcycle, the DL650 ABS is it. I should know, I have one. | ||
| Diablo1 |
Too bad he is not American Oh, really? The FBI and Secret Service checked him out and verified he's an American. You, on the other hand, offer no proof that you're an American. So, he's more American than you.} | ||
| Daggar |
Do you have evidence that the FBI and SS checked him out? I know he didn't supply the same documents that past presidents have supplied, to prove their birth. Not to mention that he's a socialist bastard. | ||
| Ridenusa4l |
Guys I dnt like obama anymore than anyone else, and ive made comments like that many times, but come on, this is a place for BUELL enthusiasts, NOT politics, go somewhere else for that. Jake | ||
| Diablo1 |
Do you have evidence that the FBI and SS checked him out? I know he didn't supply the same documents that past presidents have supplied, to prove their birth. Not to mention that he's a socialist bastard. You don't get to be President without the FBI and SS doing a background check on you. But you are really J. Edgar Hoover and have reviewed all the documents, so you know better. Does that tinfoil hat fit under a motorcycle helmet?} | ||
| Hellgate |
Get the FZ1, GEN 2 if it fits the budget. The bike is amazing. GEN 1s are very nice bikes too. You can make a butt load of power very easily and there is a ton of aftermarket for them, from Yamaha too. http://www.fz1-forum.com/forum/cmps_index.php | ||
| Ron_luning |
I think after almost 7 years with this one, I'm all FZ1'd out. It's the best bike I've had for doing all kinds of paved riding. Anyone with experience on trade-in value, or should a post a photo of Nancy Pelosi? | ||
| Buzzie |
 | ||
| Milleniumx1 |
I do support Obama, and I'm also a proud USAF veteran. But it wouldn't occur to me to argue politics here in the 1125 forum. Silly me ... But to this topic, I did a search on eBay last night just for a goof. There's a number of '08 models there, and a few '09 CRs ... But not a single '09 R. Mike | ||
| Xl1200r |
Now that the Uly's resale is destroyed thanks to H-D, I can't justify the extra cost Explain to me how poor resale value means a higher cost??? I was offered a brand new 2009 Uly at my dealer for $7,000. Sounds pretty cheap to me. | ||
| Ron_luning |
I meant extra cost compared to the DL650. Here I can get a new DL650 ABS for 7K. I only know of 1 dealer in the area with Uly's and they are MSRP minus 3K rebate. So I'd be looking at probably around $8500 after tax/title/license and that is with a bit of negotiating in there. Plus trade-in will likely be significantly lower at an H-D dealer. I don't know why, but we never got the tremendous fire-sale discounts in California that most other states were seeing. I suppose people paid the higher prices here since most of the bikes are gone now, so it worked for the dealers to charge more. | ||
| Sburns2421 |
Don't be surprised if the Japanese dealer simply will not trade it in. I mean a flat "no thanks" on the Buell. I had this happen with my '02 Triumph 955 Daytona when I was looking at a Ducati 999. Two dealers were simply not interested in a two-year-old clean bike with 5000 miles. | ||
| Eagle1 |
I tried to trade-in my bike this past March at an HD dealership. They only offered $5700 for my '08. That was flawless with about 5K miles. | ||
| Lostsumwhere |
Nine times out of ten the jap market is going to offer you between wholsale and low book your best bet is to find a good buell dealer who has no 1125r s left because you know they have people looking and if you can get 5 - 5500.00 take it and buy a Uly xt | ||
| Hayabusa |
You will get 3k or less for the 1125R and most dealers will not touch the bike...I have tried. In fact the only dealer I could find to take my bike was another Buell dealer and they offered a whopping 3k. I have gained a new appreciation for my 1125R...we will be together for a LONG time! | ||
| 03firebolt9r |
http://www.asphaltandrubber.com/oped/economics-bue ll-used-motorcycle-market/ | ||
| Jammin_joules |
I cut & paste this for your purusal http://www.asphaltandrubber.com/oped/economics-bue ll-used-motorcycle-market/ It’s been a few weeks since Harley-Davidson announced the immediate closure of its subsidiary Buell, where dealers began slashing prices both to liquidate stock and to cash-in on Harley’s $5,000 sale incentive. Basic economics dictates that any time a price is raised or lowered it has repercussions to the product’s resale value, and in the case of Buell’s sudden price drop and dumping of basically new bikes into the market, the consequences for current Buell owners seem dreary. Or are they? In order to find an answer to that question, we asked Joshua Minix, former government think-tank Economist, and current John M. Olin Fellow in Law and Economics at Harvard Law School, to wade through the implications of Buell’s closure, and how it affects the used Buell motorcycle market. Click past the jump for his analysis. Buellnomics 101: Supply & Demand Before we jump into an analysis, we should first cover the economic basics that surround the used market for Buell motorcycles. The most elementary determinants of pricing are supply and demand. All else equal, increased supply or reduced demand will cause a fall in price and vise versa. Harley-Davidson’s announced closure of Buell Motorcycles has altered this economic balance beyond the fluctuation you would typically see in the used market for motorcycles. Here we discuss four significant ways in which this announcment could affect the supply and demand of Buell motorcycles. First, the deep price cuts on new existing inventory is best understood as a short-term surge in supply because more units are available at a given price. Second, many people may now be less interested in buying a Buell at a given price due to reduced advertising, concerns over parts, support and such (reduction in demand). Third, some people may be more interested in buying a Buell if they already wanted one and now are rushing out to get a new one before they are all gone (increase in demand). Finally, with production shutdown, the total quantity of new Buells available is decreasing with every unit sold (long-term reduction in supply). By weighing the relative magnitude of these influences, we can begin to predict how the market will affect different purchasers of Buell motorcycles, in relation to when they bought their bike to Buell’s announced closure. Since the implications will be different for each group, we’ll take them in turn: Buyers Who Bought After Buell’s Announcement (The Good) These buyers are in great shape for two reasons. First, the prices were likely well below market value – evidenced by the fact that Buells were more or less selling for nearly double the fire-sale prices just days earlier and by the speed at which the fire-sale Buells were purchased. It is hard to imagine a better deal on a new motorcycle in terms of the physical product that was available for the price. Second, these Buell owners are also likely not to experience drastic depreciation because once the supply of new, sale-priced Buells dries up, everyone wanting a Buell will have to shop the used market. Provided that demand does not drop off too drastically, long-term used prices of Buells should remain quite good relative to the fire-sale prices. Buyers of New/Used 2008 Model Year Buells or Later (The Bad) Riders who have owned their Buells for a year or more may be in a worse financial situation than the fire-sale buyers. The Buell fire-sale will decrease the market value of used Buells, but as this supply is quite limited, the effect will probably not be long-lasting. Buells over a year old have already suffered the worst of their depreciation before the announcing of Buell’s closure. This may represent a bit of a financial hit for the more recent buyers in this category who must sell now, but overall this group will suffer a relatively moderate decrease in bike value for the near-term. The longer-term implications depend on the trade-off between the relative magnitudes of the decrease in supply due to stopped production, and the decrease in demand due to anticipated lack of factory support, advertising etc. All of these changes in value are damped by the fact that these buyers have been out riding and enjoying their bikes. Buyers of 2009 Model Year Buells (The Ugly) These buyers will be the most financially impacted Buell owners. At an extreme, a rider who purchased an 1125 on the 15th could have seen the value of the new acquisition drop by half overnight. We expect bikes to loose value when we ride them off the lot – but not anywhere near this extreme. This is particularly bad for owners that are forced to sell quickly as losses will be significant. Owners who will be able to keep and enjoy their bikes are the best off in this group. If the bike was worth full price to a rider before the closure, the intrinsic value to that rider needn’t have changed significantly after the closure – only concerns about parts and servicing really affect how much one would expect to enjoy a new bike and Harley-Davidson’s promise to provide servicing for 7 years should allay these fears to a great degree. Once the short-term effects of the Buell fire-sale are over used prices could rebound provided that demand isn’t overly squelched by concerns about support, etc. Most in this group will be best off by not selling their recently purchased Buells. These buyers valued their Buells highly at the time of purchase, and the demise of Buell is not likely going to harm their ability to enjoy the bikes as much as the bikes have depreciated in recent weeks. Also, as noted, depending on how demand is affected, used prices are likely to hold reasonably steady or possibly even increase over time. In closing, enjoy the bike, have fun and try not to worry too much about market value. If you must sell your recently purchased Buell remember that the purchase price is a sunk cost and move forward. | ||
| Ron_luning |
Thanks. All of that seems quite accurate with the exception of "Once the short-term effects of the Buell fire-sale are over used prices could rebound provided that demand isn’t overly squelched by concerns about support, etc." I know the motorcycle market is not completely identical to automobiles, but there will never be an increase in the price of used Plymouth, Oldsmobile, Pontiac, or Saturn as time passes. I talked to a Suzuki dealer today and they didn't seem optimistic about what they could offer me considering the bike I wanted to buy. If I wanted a Goldwing at MSRP I'm sure they'd make me a decent offer. So they suggested that I have my Buell for sale on consignment....no thanks. Anyway, I might talk to another dealer in a few weeks and see what they say. If it's a no-go, I will be making an American VFR out of my 1125R. |
