Harley Will Start Leasing Bikes Soon
#41
Leasing could work very well for the dealers depending on how it is structured. It is one way to get low mileage used vehicles to sell and the risk to the dealer is fairly low. For a buyer, it just depends on how you feel about paying for all the depreciation of the bike plus some and then not owning anything.
#42
A lease would appeal to these folks anytime.
#43
With all the garage queens with just a few hundred or thousand miles on them, Harley (or the leasing company) would get a low mileage bike back to resell.
#44
I don't think it's good business for whoever leases them out. Imagine loaning your bike to someone for 3 years, limiting their mileage, and charging them a monthly fee. Now imagine what that bike is going to look like when they turn it in and walk away.
Bikes take way more abuse than cars do.
Bikes take way more abuse than cars do.
Over the years, I've bought several two year old "lease backs" to use as business vehicles. Not only were they in pristine condition, the maintainance records were superb, compared to used cars. Leases have a lot of legal clauses in them, and maintainance can be one of them.
#46
I would think the opposite would be true. A lease works well in the auto industry when the person puts on low miles each year, and isn't nicked at the end for a high mileage charge. They get a fixed cost of operating, and a new vehicle every couple of years.
With all the garage queens with just a few hundred or thousand miles on them, Harley (or the leasing company) would get a low mileage bike back to resell.
With all the garage queens with just a few hundred or thousand miles on them, Harley (or the leasing company) would get a low mileage bike back to resell.
#47
I would think the opposite would be true. A lease works well in the auto industry when the person puts on low miles each year, and isn't nicked at the end for a high mileage charge. They get a fixed cost of operating, and a new vehicle every couple of years.
With all the garage queens with just a few hundred or thousand miles on them, Harley (or the leasing company) would get a low mileage bike back to resell.
With all the garage queens with just a few hundred or thousand miles on them, Harley (or the leasing company) would get a low mileage bike back to resell.
#49
Never lease any vehicle unless it can be used as a business write off. Leasing is a huge increase in total ownership cost over buying. It is for foolish folks that can't save and want things right now.
I can see it now. Turn the bike in at three years and they want to do a lot of stuff on it and you are stuck.
I can see it now. Turn the bike in at three years and they want to do a lot of stuff on it and you are stuck.