prices going down
Road Captain
Joined: Sep 2006
Posts: 543
Likes: 0
From:
RE: prices going down
ORIGINAL: Fmshiner
Beagle, what do you do now for a living?
Beagle, what do you do now for a living?
My job is booming and I worked all weekend. Next one too probably. Luckily when I saw the wanring signs I sold the snowmobiles and the 24ft car Trailer. I based our household of my pay for 40 hrs. And I run it like a business. I used to do Technical Writing too. But hated cubical life.
My wife was/is in car sales at a Ford dealer...in off all places. DEARBORN!!! Home of Ford. You can't sell a Ford in Dearborn anymore.
She has been there 16 years. Her title was Lease Renewal Manager. But FoMoCo is closing Ford Credit Co. here in Michigan. And leases are being handled by a 3rd party independant company now, which will obsolete her job. There are thousands around here much worse off than we are. I mean we aren't going to starve, my little one can still do Karate, and the wife and I can get out for a date night. Just can't run "Up north" whenever we want, no snowmobiling, no car trailer for the Mustang (last thing to sell if needed), no family dinners at Applebee's...and worst of all; no Night Rod for my wife if she can't find an equal paying job.
5 years ago she made 50% more than me. Now 50% less...
-Ron
Road Warrior
Joined: Nov 2005
Posts: 1,484
Likes: 82
From: Mountain View, California
RE: prices going down
IMO two things are driving this: The MoCo is buliding nearly enough bikes to keep up with demand and, with all the cool new stuff on the '07s (96" motor, six-speed gear box, etc), our Evos and TCs seem... dull. I expect to see Shovels and Knucks, and maybe Pans, climb in value while Evos and pre '07 TCs drop.
Beagle, sorry to hear about your present plight. This too shall pass and you'll be a better man on the other end of it. Hang in there!
Beagle, sorry to hear about your present plight. This too shall pass and you'll be a better man on the other end of it. Hang in there!
Ultimate HDF Member
Joined: Oct 2006
Posts: 5,138
Likes: 1
From:
RE: prices going down
If she, or you are skilled at sales, send me a private message and I will write you back. I run a national company and am always looking for good sales people. We deal exclusively with doctor's offices. Good luck, whatever you do. I'm sure things will turn around for you. You sound like good family people and I believe that God will always provide!
Road Warrior
Joined: Jun 2006
Posts: 1,374
Likes: 1
From:
RE: prices going down
Seems to me that the scoots arent holding the values like they once did. Any reasons for this besides shaky economy?
Scoots aren't holding their value as well as in years past because supply has met demand. They make more bikes now than they ever have.
Elite HDF Member
Joined: Oct 2006
Posts: 4,547
Likes: 1
From: North East, Pennsylvania
RE: prices going down
Begal1
Keep in mind that your wife has some experience in lending, that most banks would look to hire her. I would look at a larger retail insitution as they have room to move upwards for those that do well.
Just my 2cents
PS. No matter how bad things are, some will always use banks
Keep in mind that your wife has some experience in lending, that most banks would look to hire her. I would look at a larger retail insitution as they have room to move upwards for those that do well.
Just my 2cents
PS. No matter how bad things are, some will always use banks
Tourer
Joined: Aug 2006
Posts: 412
Likes: 28
From:
RE: prices going down
Harley has jumped the shark IMHO. The people that can buy Harleys pretty much have one. This is the first year in a long time that I've seen leftover bikes still on the dealer floor. So if the new bikes are not moving, the used bikes will drop in value.
And those dealers that would try and bend you over in the past.........well, they are gonna be hurting in the near future. I live in Chicago, so I can go to Chicago HD and get a deal. That's how I bought my '06 FXDI. They deal there. Other dealers in my area don't. One of them would not even work on my 1988 FLHS, and I bought the damn thing there brand new!
And those dealers that would try and bend you over in the past.........well, they are gonna be hurting in the near future. I live in Chicago, so I can go to Chicago HD and get a deal. That's how I bought my '06 FXDI. They deal there. Other dealers in my area don't. One of them would not even work on my 1988 FLHS, and I bought the damn thing there brand new!
Elite HDF Member
Joined: Oct 2006
Posts: 4,547
Likes: 1
From: North East, Pennsylvania
RE: prices going down
The term DEAL can be defined in some many ways..for me this is how I look at it ??
if they deal, does that mean someone paid a lower price than what I would of paid ???? Probably, so did I pay to much when compared to the other guy ? Why should he pay less just because he has bought a few in the past years.
However, for the dealers that sell all bikes at the same price....everyone is treated the same...if they have great service...then that is where the value comes in.
Just something to think about
if they deal, does that mean someone paid a lower price than what I would of paid ???? Probably, so did I pay to much when compared to the other guy ? Why should he pay less just because he has bought a few in the past years.
However, for the dealers that sell all bikes at the same price....everyone is treated the same...if they have great service...then that is where the value comes in.
Just something to think about
Club Member
Joined: May 2006
Posts: 14,564
Likes: 9,223
From: the 50s & the 60s
RE: prices going down
ORIGINAL: Fmshiner
Hey mud, we were writing a response at the same time and came up with the same assesment.
Great minds think alike and apparently have similar great taste in bikes.
Nice Bob!
Hey mud, we were writing a response at the same time and came up with the same assesment.
Great minds think alike and apparently have similar great taste in bikes.
Nice Bob!
Mine is a SuperGlide. WideGlide Bars. LowRider seat. Changes daily.
Don't know about that great minds thing though, I lost mine.
prices going down??
Yeah, saturation, greed. Those Ford guys should put an ap at HD. Production seems to be way up.
In 1967 HD sold less then 5000 Sportsters for around $1600.
So today they are about 5 times that in price.
In 2007 they will probably sell more than 5000 in Texas alone.
Gas was about $.24. I was making exactly $2.12 per hour
So today gas is ten times the cost, but I am bringing in 30-50 times per hour.
Two problems I see, greed and politeness.
Too much of each.
Beagle1/Ron - Detroit will go the way of Massachusetts, no more shoe factories.
Why?? greed and politeness.
I think a lot faster than I type, so that is it.
mud
edited to size the image down
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Tourer
Joined: Aug 2006
Posts: 413
Likes: 1
From:
RE: prices going down
ORIGINAL: Beagle1
Man, where are all you guys at? I want to live there.
The economy in Michigan is THE WORST in the nation. We lead in unemployment and falling house values, plus the amont of homes being repossed is our new #1 claim to fame.
Personally, our household income is down 50% from 5 years ago! My wife will be down 60% this year alone and will be unemployed in about 3 weeks. FoMoCo is sucking, and it is hitting us hard. We have sold all our toys and trailers except for the bike. May be leaving the state with the rest of the smart ones. I keep hearing the economy is so great...but in this state it isn't. At least with the WWW you know that it's not the whole country, like in the 80's when you couldn't see what was happening elsewhere with the click of a mouse.
Anyhow, the bike values. Yeah, I noticed looking in Cycle Trader and on fleabay that HD used prices aren't what they used to be. But MoCo builds alot more bikes now, you don't have to wait 18 months to HOPEFULLY get the bike you want. You don't have to wait in line at a dealer to draw a lottery for the OK to leave a deposit like in the mid 90's.
Now there are 2006 bikes left all over that can be had at up to $3000 UNDER MSRP. Sorta makes it hard to move a used scoot I would think.
Man, where are all you guys at? I want to live there.
The economy in Michigan is THE WORST in the nation. We lead in unemployment and falling house values, plus the amont of homes being repossed is our new #1 claim to fame.
Personally, our household income is down 50% from 5 years ago! My wife will be down 60% this year alone and will be unemployed in about 3 weeks. FoMoCo is sucking, and it is hitting us hard. We have sold all our toys and trailers except for the bike. May be leaving the state with the rest of the smart ones. I keep hearing the economy is so great...but in this state it isn't. At least with the WWW you know that it's not the whole country, like in the 80's when you couldn't see what was happening elsewhere with the click of a mouse.
Anyhow, the bike values. Yeah, I noticed looking in Cycle Trader and on fleabay that HD used prices aren't what they used to be. But MoCo builds alot more bikes now, you don't have to wait 18 months to HOPEFULLY get the bike you want. You don't have to wait in line at a dealer to draw a lottery for the OK to leave a deposit like in the mid 90's.
Now there are 2006 bikes left all over that can be had at up to $3000 UNDER MSRP. Sorta makes it hard to move a used scoot I would think.
