When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
I was recently in the market for a used bike. Started checking out the local dealerships and was blown away by the number of bikes there and elsewhere that had $800, $1,000, even $2,000 plus in mods on 'em...and had virtually NO miles on them.
I can understand one or two...but the damn things are everywhere! Don't people read up or test ride before they buy? I found my '13 with some nice mods on it and only 1,074 miles. Saw a Slim with 46 miles on it. Forty-six miles. Bunches of them with 2K or 3K miles...
I've only managed to get in about 12-13,000 miles a year lately, but I just can't figure out why so many people spend so much money and then don't ride...
Weird.
But sure makes for a nice used bike market for the rest of us, I guess.
I know some people that have spent tons in mods and don't ride much at all. Others have modified the bike then got laid off, wife got pregnant etc. There's a whole lot of reasons people part with low mileage modded bikes. There loss is the new buyers gain in some cases.
Yeah, I know there are circumstances that can force a sale (been close to a few of 'em myself) - but a 2-3 year old bike with only 1,000 miles? Or a year old and 46 miles? Crazy.
But like ya said - good for us.
It just surprised me how many there were out there.
It is not unlike many of us that purchase a new ''starter kit'' modify it then sell/trade for another new ''starter kit'' months later. This revolving exchange is great for the secondary market. Considering the '13 that you picked up, you should be glad for this cycle.
We're looking to move to an ultra so blows 2500 in mods. But I figure you don't really move up from an ultra and the wife has been extremely uncomfortable lately. Plus we need tunes!!
Just read this forum. New models come out and people just have to have them because they are so much better than the previous. (Who cares when you put on 2500 miles a year?) And everyone says 'If you can afford it, why not...' Well - Most people can't afford it.. and they blow thousands of dollars because they are stupid to be honest. They reset their payments for another 5 years and think they got a great deal because their payment stays the same..
Rich people didn't get that way because they make stupid decisions. One older guy I ride with does buy a new bike every 2 years.. but he rides like 25,000 miles a year, and doesn't do ANY mods, because as he admits, its a complete waste of money. He pays cash for each new bike. I'm guessing almost every one of these bikes you see on the showroom floor have been financed and people just keep rolling that over from bike to bike because they can 'afford the payment'.
And we wonder why nobody has any retirement money put aside. They'll worry about it when they are 70 years old and have no income and start voting for the guy that will give them the most cash because they planned poorly.
(My biased opinion as a 40 year old saving for retirement)
. I'm guessing almost every one of these bikes you see on the showroom floor have been financed and people just keep rolling that over from bike to bike because they can 'afford the payment'.
+1 on that...it's just an accounting trick really, rolling over the prior loan into a new one...the dealer laughing all the way to (their) bank...because people don't understand what their signing.
This is where dealers make their money: repeat customers who endlessly "upgrade" on one side of the coin, and get a well-disguised (but crappy) trade-in deal on the other.
7 Surprising Harley-Davidson Products that Are Not Motorcycles
Slideshow: The bar-and-shield logo shows up on far more than motorcycles, some of the company's most unexpected products have nothing to do with riding.
Slideshow: From the troubled AMF years to modern misfires, these bikes earned reputations for reliability issues, questionable engineering, or disappointing performance.
Crazy Bunderbike Build Looks Amazing, But Is It Impossible to Ride?
Slideshow: The Swiss custom shop has taken a Harley Softail and stretched it into something so long and low that it looks closer to a rolling sculpture than a conventional motorcycle.
Engraved Rebellion: Inside Bundnerbike's Glam Rock II
Slideshow: A standard cruiser becomes an intricate metal canvas in the hands of a Swiss custom house known for pushing Harley-Davidson platforms far beyond their factory brief.
Slideshow: Harley-Davidson's challenges aren't abstract; they show up in dropping shipments, shrinking dealer traffic, and strategic decisions that aren't yet translating into growth.