| Author |
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Jammin_joules
| | Posted on Friday, November 20, 2009 - 08:06 pm: | 
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"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. "
Ah, but what you are not taking into account is best described by example.
Back in May I had a guy with a 2004 XB12S, some nice goodies on it, 20,000 miles and worn tires. I offered him a trade value on a 1125CR. He couldn't justify it.
16Oct I called him. Suddenly he was able to get into his 1125CR for less buying outright than trading in his XB12S 6 months earlier. But he wanted to know trading his 2004 XB12S did to the numbers. At that early time all I could do was offer him a grand on trade.
I am going to hold on to that bike until May now. Pay finance on flooring it. Then maybe in May I will get $2-3-3,500 for it? Who knows.
Point is, if he held on to it until spring when all the new 2009 Lightnings were long since sold at reduced incentive prices, chances are that bike could sell for $2,000 easily, maybe even $3,000. NADA on it before 15Oct was retail at $4,415. So in this case, the bike should gain value by May over what I was prepared to give him for fear of the unknown 16Oct. |
Sburns2421
| | Posted on Saturday, November 21, 2009 - 11:55 am: |
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So today is the trade-in value today for a '04 XB12 only $1000? |
Jammin_joules
| | Posted on Saturday, November 21, 2009 - 12:15 pm: |
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If I had to take one in on trade today in the condition his bike is in on the sale of a heavily discounted 1125, yes.
If I was to take it in on consignment to sell in May, I bet he would easily get 2x or 3x that.
Selling it today, let me ask you this. In light of recent new 1125 availability at un-naturally low prices, what woudl you pay for a 20,000 mile, fairly used 2004 XB12? |
Zac4mac
| | Posted on Saturday, November 21, 2009 - 08:37 pm: |
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My co-workers in "Parts" were busting my balls on this today.
Do I "expect" Buell prices to start going up?
In a way, yes.
Right now the prices are unnaturally low.
I expect a "price adjustment" back to "normal" after all the cheap, new ones are gone.
I feel sorry for those few who HAVE to sell now.
I hope to have and ride Loretta for a LOT more miles.
Z |
Jammin_joules
| | Posted on Monday, November 23, 2009 - 07:59 pm: |
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FWIW we just sold our first used Buell since the black thursday announcement.
We have sold dozens and dozens plus a few dozen more new Buells from our inventory, new ordered from Buell, and any available from that of surrounding dealers. We have driven as far as 700+ miles one way and through two states to get them. But our used Buells just sat - especially since we held our pre-15Oct pricing on them because of what we paid for them as trade-ins. We have had our hands full on new bikes and we planned to wait until spring to sort the used ones out. There has been plenty of speculation and anxiety on used bike prices shared on blogs and these BWB boards too.
I've said it before that I thought this could be one of those rare & unique times where it is advantageous to hold on to a used bike because spring unavailability of new bikes should see an uptick over prices I have been offering on trades right now. IN the case of XB12S's, 'can't get any more new ones' has been the standard reply for over a month now.
So the drum rollllllllllllllllll.....
A 2005 XB12S with some very nice features, new skins front & rear, nice colored wheels, carbon fiber parts, Pro-pipe & dyno tuned, 13,000 miles. We actually sold it for more than we paid on trade for it. (hey, $1 and $100 and $300 is all considered more, albeit not get rich more) The good news for you and for us is that the selling price is very near the current NADA retail so I take this as a victory for current owners concerned with the 'value' of their Buells since black Thursday. It is not the blood bath fear mongers would have us believe.
Now realize, we also have a used very low mileage 2008 1125R that is getting no interest at $550 below NADA but I am still selling new 1125R's.
(Message edited by Jammin_Joules on November 23, 2009) |
Ron_luning
| | Posted on Tuesday, November 24, 2009 - 01:11 am: |
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Good news. Like some others have said, the Japanese bike dealers aren't interested in taking the Buell as a trade anyway. I'll be keeping mine for a while (unless someone out there wants to trade their Uly for it!). |
Dirty_john
| | Posted on Tuesday, November 24, 2009 - 02:51 am: |
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what trade in value? although I will never sell the 1125R - HD go and **** yourselves |
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