| Author | Message | ||
     Firefightergarcia |
Man I'm having a difficult time trying to sell my Buell.. Everyone wants it dirt cheap. It doesn't help that most people sell them cheap to get rid of them. How can you sell an 06 for 6500 and come out alright. I still owe 8400 and i'm selling it for 7800 locally and nothing... | ||
| Froggy |
Why are you selling? | ||
| Rocksham |
"How can you sell an 06 for 6500 and come out alright." Ride the piss out of it first! | ||
| Sneth |
selling something so new, you are never going to get a good price. You drive a lexus out of the lot for $40k, then expect to sell it for 38k in 8months? not likely You lose 10-20% as soon as you drive that puppy off the lot. It's not just Buell, it all all $10k and up bikes. (Message edited by sneth on July 27, 2007) | ||
| Towjam |
And it's not going to get any better with the release of the 1125. | ||
| Ft_bstrd |
We can ALL expect the resale to be lower on our current bikes. The improvements on the 08's as well as the release of the 1125R will create a glut of trade-ins. The resale was lower than Japan or Germany Inc. Sucks, but that's what happens on a year old bike being sold at just the wrong time. You just ain't gonna get what you owe. | ||
| Xl1200r |
Did you get gap insrance on the loan? If you did, just crash the thing. Let the insurance company buy it from you for excactly what you owe ;) Just kidding, of course, you didn't hear it from me. Resale is tough on most anything. On a regular HD that's been kept up nice, you used to be able to expect to get what you paid back on it, provided it was in tip top shape. I bought a Sportster brand new in 2004 (pretty much a totally new bike that year). I traded it in for my 2007 XB12, and got killed on trade in because EFI became standard that year on the Sportster line (wasn't even an option before that). The upgrades to the XB line aren't going to effect the trade-in value any more than usual because the bikes get improved upon every year as it is. Better oiling and anew EFI brain is no bigger of an imrpovement than beefier forks or a revamped transmission. The 1125R will probably make some impact, however. Like was said, you're never going to get 8400 for n '06. It sucks that you take such a hit on it, but it's the way it goes. I took a $2000 hit on my Sportster when I traded it when it was 3 1/2 years old. By the way, there was $5000 in upgrades on the bike at that point. Talk about a hit... Consider yourself lucky. | ||
| Jaimec |
If you want to sell something for more than you paid for it, buy a HOUSE, not a motorcycle... | ||
| Jmemmert |
my take is this... Sure, the resale drops quite a bit initially, but after 3-4 years, it levels. Look at the tubers for example. It is hard to find a decent one for under $4k. And I suspect the value won't drop much from there for quite some time. This is why i plan on keeping my bike and racking up as many miles as possible so i can get the most out of it. | ||
| Firefightergarcia |
Froggy I love my Buell but it's time for some change.. This is my third Buell my first was 02 blast then an 04 lightning and now my 06 firebolt. I also live in MIAMI which is as flat as a board. So I don't enjoy my ride as much as I would like to. I never said I want to get what I owe. Hell I put 1600 down and I'm still taking the difference out of my pocket not the buyers. | ||
| Firefightergarcia |
Jaimec when did I say I want more then I owe or paid for it? I just want to sell it and be happy not robbed... | ||
| Jaimec |
I never worry about resale value. People who know me know that by the time I'm done with a bike, NOBODY in their right mind would want it anyway (unless they're into rebuilding bikes for fun). I had 158,000 miles on my 1985 K100 till some mouth breather STOLE it from the train station. I did sell my 1995 R100RT with only 40,000 miles on it, but that was because I didn't want TWO BMW touring bikes. I already have 108,000 miles on my other BMW touring bike. Traded in my M2 Cyclone with 36,000 miles and more leaks than I could deal with to get my 2006 XB12Ss. That one has 17,000 miles on it so far. I also had a Kawasaki KE100 that I just junked when the engine seized. I forget how many miles that thing had. | ||
| Vikingdave |
Hey Fire what are you going to replace it with? | ||
| Prof_stack |
Firefightergarcia, you aren't kidding about resale value. Geico decided to repair my busted XB9S for $4900 rather than total it even though the Kelly BB and NADA average about that much for the '03 Lightning. The salvage value was probably about zippo to them. Think about buying a used XB. It would be a crapshoot knowing whether or not the previous owner(s) did stoppies/wheelies/stunts or revved the piss out of it, not to mention lay downs. The demand can't be very high, probably like other sporty bikes. But you and I didn't buy a Buell for resale anyway. Good luck selling it. | ||
| Curtyd |
MAN, you should of seen the trade-in hit on my 4 year old M2 Cyclone, I think they gave me $2400. BUT it did have somewhere upwards of 35K mile on it, does that qualify for "riding the p***" out of it?  | ||
| Chainsaw |
Motorcycles are transportation, not an investment. If you would have sunk that $10,000 into Apple Stock a year ago instead of that Buell, you'd be sitting on $23,000 today. (not trying to be an ass, but i've heard this resale value complaint one two many times.) | ||
| Chainsaw |
by the time I'm done with a bike, NOBODY in their right mind would want it anyway LOL! My thoughts exactly! I wonder what I can get for a 2001 Sportster with 58,000+ miles on it, or an 03 XB9R with 26,000+ miles on it? | ||
| Beachbuell |
""If you want to sell something for more than you paid for it, buy a HOUSE, not a motorcycle..."" Ya think so? Try that here in South Florida right now. Good luck! | ||
| Curtyd |
"If you would have sunk that $10,000 into Apple Stock a year ago instead of that Buell, you'd be sitting on $23,000 today..." The stock maybe, but BUY the computers and walk out the door you'd be lucky to get 25% of the price you just paid for it. Computers are one product that cycles so fast, the one you buy is near obsolete when you purchase it. Motorcycles, come in second, once the production ramps up which usually happens. New MINIS are the only car I have made money on, but I never added on anything and somehow they have held the line on production numbers, so there is still some shortages. HD probably artificially created the shortages here in the 1980's and 90's by beefing up exports, so they held resale value, but those days are over too it seems. Remember the old college economics, supply and demand intersects in price. | ||
| Sticks |
Look on the bright side, you could be grinding away at the dep in resale on a 999R something or ruther right now. Yes, Apple will rule the universe, (or at least make computers that work) but you can't ride 'em. Just the way it is - thats why they make beer and aftermarket go fast parts and strippers. | ||
| Paint_shaker |
Unfortunately the market dictates what you can expect to get for your bike. I don't believe there is a huge market for used XBs right now, so the price will be low... In my motorcycle experience , not many motorcycles (other than collectables or one-offs) held their value like Harleys. Of course the market has since been flooded with Harleys and their values have fallen as well. Remember the days when they had less than 15 bikes at the store, there was a waiting list to get a NEW bike and a new bike could be bought for LESS than a used bike? | ||
| Gentleman_jon |
On the other hand................ Seen from the other side of the fence, used or left over Buells are a really good value. I bought all three of my Buell's with 700 or less miles on them, they all had some warranty left on them, and they were good solid bikes. When it came time to sell, I sold the first one, a Blast, for what I had paid for it a couple of months earlier. I lost $1,600 on my 2003 XB9S after two years, not including mods. I still have my 2004 XB12 SR, and I'm planning on keeping it for the time being. Bottom line: low resale values equals some great buys for the careful buyer, especially now that Buells have a two year transferable warranty. | ||
| Busterx |
Resale? what is that? I'm not done with mine yet, getting ready to turn 20K. | ||
| Captain_nartman |
Harleys HOLD or INCREASE Their Value here in Australia with re-sale Buells.... Nope.. N x | ||
| Fmaxwell |
The used bike buyer is typically someone who can't afford a new bike. If someone has $7,800 for a used Buell, they can go down to the local dealer and find any number of brand new Japanese bikes for the same price. Don't tell me how the Buell is a better bike -- I know it is. Tell it to the 22 year old guy who's looking at a brand new Suzuki GSX650F (that has a $6,999 list price) or SV650 (list price $5,999). Another thing that drives the price down is that Buells have a reputation for being unreliable (based on acknowledged problems with the early tubers). Sure, the XB series is pretty darned reliable, but it's just like Hyundai cars: They are some of the most reliable cars on the market today yet they are perceived by many as being unreliable based on their earlier, problematic models. Where you live makes a big difference. If you buy a sport bike in Miami where the roads are all straight and flat, then don't expect people to come flocking to your door when you put a for-sale sign on the bike. It's like trying to sell a convertible in Seattle. The Harley market is unique because it's got a lot more to do with image and status than with motorcycling. How many guys have Honda, Suzuki, or even Ducati tattoos? Compare the Harley boutique dealers with more typical bike shops. So don't use that as a yardstick. | ||
| Jaimec |
Talk about timing. Motorcycle USA has a "Memorable Motorcycles" article about the Kawasaki Z-1. Right now, mint condition Z-1's apparently go for $20,000!! So much for Japanese motorcycle resale values, huh? I guess it just has to have that certain "something" for the bike to be collectible and therefore valuable. I suspect in this vein you'll also find higher than expected prices for the Yamaha RD and RZ350s, the Kawasaki Triples, and the Honda CBX too. My favorite old Harley was the XLCR. Guess that's the real reason I like Buells now, huh? | ||
| Curtyd |
"I suspect in this vein you'll also find higher than expected prices for the Yamaha RD ..." I have a 1978 downstairs in pretty good condition, they still only "book" at a retail value of $1175, I have heard e-bay has some at 2K. I saw a Daytona for $2250 but that was quite a while ago, maybe I can just hold onto it for another 10 years. It is not mint, but who knows? Did you see the moto-magazine article where someone bought "Mr. Daytona" Scott Russell's actual 1991 Superbike for $1800? So there are some great values out there compared to my RD or anyone's Z1. (Message edited by CurtyD on July 28, 2007) | ||
| Davefla |
Did you see the moto-magazine article where someone bought "Mr. Daytona" Scott Russell's actual 1991 Superbike for $1800? So there are some great values out there compared to my RD or anyone's Z1. $1800 for a sixteen year old KZ750 that had been converted to track only use? Sounds about right...  (For the unaware: Russell ran the table in 1991 by winning all 9 rounds of Superstock/Supersport. Of course, that's a different mount than the bike that sold...) (Message edited by davefla on July 28, 2007) (Message edited by davefla on July 28, 2007) | ||
| Frequency |
ride the piss out of it 05 cityX and it has 22k miles on it if i can find someone to but it for a decent price its theirs if not i'll jsut have the cityX and an 1125R | ||
| Mikef5000 |
I put too many miles on my bike to even consider resale. And Fmaxwell has a good point! He mentions the 22 year old, Well... I was close! I was 20 when I was looking for an SV or BMW 650 or something close when I found my Buell for a great price! If it weren't for the low resale, I wouldn't have landed a Buell in the first place! I had NO idea what I was missing! |
