HD VS All
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Road Master
Joined: Apr 2006
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HD VS All
I used to think HD was an solid investment as far as holding it's value. I never bought on this assumption as I do not intend on selling for many years, and I will always have my HD. But I have come to realize this assumption is a false belief IMO. If you were to buy a Honda for example, you may pay 10-12K for a new bike. (Just a approximate value) Of course the word is you lose 25% as soon as you drive it off, and is likely true. So lets say you lose 3K. With a HD it is no better now days. You may not lose the same % but you will lose equal or more money while putting out much more in the beginning. Here is an example, a 2006 FLSTNI sold for around 18K with no real extras. Many people paid this and more, even for the 2005 models. Here is a quote from this site.
"I purchased a 2006 FLSTNI, two-tone White/Blue with the security alarm for my wife's XMAS gift. Talk about a deal ... I got it OTD for $15,610 plus a cover and leather jacket."
Good deal for this guy, but it shows a real azz kicking for prior buyers. All models can be used as an example, most even with poorer results then the FLSTNI, but it is the norm for HD right now. Buy it for the right reason, it is a HD, and keep it. But I don't think it is any better then any other brand as far as holding it's value. Not flaming HD as it is all I will own for many different reasons, but this is a reality.
"I purchased a 2006 FLSTNI, two-tone White/Blue with the security alarm for my wife's XMAS gift. Talk about a deal ... I got it OTD for $15,610 plus a cover and leather jacket."
Good deal for this guy, but it shows a real azz kicking for prior buyers. All models can be used as an example, most even with poorer results then the FLSTNI, but it is the norm for HD right now. Buy it for the right reason, it is a HD, and keep it. But I don't think it is any better then any other brand as far as holding it's value. Not flaming HD as it is all I will own for many different reasons, but this is a reality.
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RE: HD VS All
IReady -
The person you are speaking of got a Military discount and perks....That is not the average buyer.
It's much like buying a car of any kind. If you buy while they are hot you pay a premium you can get a better deal at some places then you can others. My daughter is looking for a Honda Fit Sport...A bunch of dealers are asking a 2 k markup which is just stupid for a 15k car...some are not.....there is NO discount no matter what for the adverage buyer. My local dealer puts a 5k markup on the Screaming eagle bikes, I can drive an hour and a half and get it with no markup.
When I go shopping for a car I get special prices on some of the car brands (Ford, Chevy, etc) So I go buy a new Mustang I get te 30 k one for 27 k while you get it for 30 k. Just the way it is....but again I am not the average buyer.
The person you are speaking of got a Military discount and perks....That is not the average buyer.
It's much like buying a car of any kind. If you buy while they are hot you pay a premium you can get a better deal at some places then you can others. My daughter is looking for a Honda Fit Sport...A bunch of dealers are asking a 2 k markup which is just stupid for a 15k car...some are not.....there is NO discount no matter what for the adverage buyer. My local dealer puts a 5k markup on the Screaming eagle bikes, I can drive an hour and a half and get it with no markup.
When I go shopping for a car I get special prices on some of the car brands (Ford, Chevy, etc) So I go buy a new Mustang I get te 30 k one for 27 k while you get it for 30 k. Just the way it is....but again I am not the average buyer.
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Road Master
Joined: Apr 2006
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RE: HD VS All
Bluerose,
Point taken. I still maintain the value of HD has dropped to be comparable with all other brands, be it American (Victory) or metric. Past times were HD held much better resale. Look on Ebay or Cycle Trader as an example and you will see HD has lost it's edge. I think it is all about supply and demand. If you look at a 2006 FSTLNI that sold to the average consumer for 18K, it is being offered routinely for thousands less with low mileage, still under waranty, less the a year old, some with mods and basically a new bike. Times were you may have saved a few hundred dollars due to the fact you could not get the bike in a timely fashion. Now days, as stated in another thread, you can't hardly get around on a dealers floor due to so many bikes. I still love HD bikes and would never own any other. Just have noticed how things are changing. Not a big deal to me as I am not planning on selling..Love my Deluxe!
Point taken. I still maintain the value of HD has dropped to be comparable with all other brands, be it American (Victory) or metric. Past times were HD held much better resale. Look on Ebay or Cycle Trader as an example and you will see HD has lost it's edge. I think it is all about supply and demand. If you look at a 2006 FSTLNI that sold to the average consumer for 18K, it is being offered routinely for thousands less with low mileage, still under waranty, less the a year old, some with mods and basically a new bike. Times were you may have saved a few hundred dollars due to the fact you could not get the bike in a timely fashion. Now days, as stated in another thread, you can't hardly get around on a dealers floor due to so many bikes. I still love HD bikes and would never own any other. Just have noticed how things are changing. Not a big deal to me as I am not planning on selling..Love my Deluxe!
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Road Master
Joined: Apr 2006
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RE: HD VS All
If you read my entire post, you would have seen I agree with your view.....
ORIGINAL: mgumto
Its not an investment-its a toy and form of enjoyment. I didn't buy it to make money. When I need to make money, I work....
Its not an investment-its a toy and form of enjoyment. I didn't buy it to make money. When I need to make money, I work....
Big Kahuna HDF Member
Joined: Feb 2006
Posts: 23,881
Likes: 34
From: USA
RE: HD VS All
Most vehicles with the exception of very rare and classic ones are depreciating assets.....period! Many people paid a big buck for their bikes when the market was hot and now will lose a little bit of money if they decide to get out. But so will people with SUV's. However, the Harley's depreciation schedule flattens out sooner than the metric bikes that keep on depreciating. But like the guy before me said...it's just a toy. Not an investment.
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RE: HD VS All
ORIGINAL: IRready
Bluerose,
Point taken. I still maintain the value of HD has dropped to be comparable with all other brands, be it American (Victory) or metric. Past times were HD held much better resale. Look on Ebay or Cycle Trader as an example and you will see HD has lost it's edge. I think it is all about supply and demand. If you look at a 2006 FSTLNI that sold to the average consumer for 18K, it is being offered routinely for thousands less with low mileage, still under waranty, less the a year old, some with mods and basically a new bike. Times were you may have saved a few hundred dollars due to the fact you could not get the bike in a timely fashion. Now days, as stated in another thread, you can't hardly get around on a dealers floor due to so many bikes. I still love HD bikes and would never own any other. Just have noticed how things are changing. Not a big deal to me as I am not planning on selling..Love my Deluxe!
Bluerose,
Point taken. I still maintain the value of HD has dropped to be comparable with all other brands, be it American (Victory) or metric. Past times were HD held much better resale. Look on Ebay or Cycle Trader as an example and you will see HD has lost it's edge. I think it is all about supply and demand. If you look at a 2006 FSTLNI that sold to the average consumer for 18K, it is being offered routinely for thousands less with low mileage, still under waranty, less the a year old, some with mods and basically a new bike. Times were you may have saved a few hundred dollars due to the fact you could not get the bike in a timely fashion. Now days, as stated in another thread, you can't hardly get around on a dealers floor due to so many bikes. I still love HD bikes and would never own any other. Just have noticed how things are changing. Not a big deal to me as I am not planning on selling..Love my Deluxe!
Sadly the thing about supply meeting demand is that sooner or later the market over flows and things are not worth what they used to be. Look at computers...there was a time when you had to pay thousands to get a decent computer ...heck I once sold 64 meg of memory for 1 K... within a few years they have dropped to the point where for less then 1 k you can get a pretty good computer. When Harley has supplied enough to surpassed it's demand a similar thing will happen.
My dealer is offering $1K off 2007 models too, but so far I have not seen too many 2006's in the Deluxe too far below what I paid for it stock (not including extras). My dealer had one with 300 miles for 18k the other day. Love my EFI but can't help thinking the carb would have been nice though
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Seasoned HDF Member
Joined: Dec 2003
Posts: 7,090
Likes: 3,882
From: Murfreesboro , TN
RE: HD VS All
ORIGINAL: IRready
Bluerose,
Point taken. I still maintain the value of HD has dropped to be comparable with all other brands, be it American (Victory) or metric. Past times were HD held much better resale. Look on Ebay or Cycle Trader as an example and you will see HD has lost it's edge. I think it is all about supply and demand. If you look at a 2006 FSTLNI that sold to the average consumer for 18K, it is being offered routinely for thousands less with low mileage, still under waranty, less the a year old, some with mods and basically a new bike. Times were you may have saved a few hundred dollars due to the fact you could not get the bike in a timely fashion. Now days, as stated in another thread, you can't hardly get around on a dealers floor due to so many bikes. I still love HD bikes and would never own any other. Just have noticed how things are changing. Not a big deal to me as I am not planning on selling..Love my Deluxe!
Bluerose,
Point taken. I still maintain the value of HD has dropped to be comparable with all other brands, be it American (Victory) or metric. Past times were HD held much better resale. Look on Ebay or Cycle Trader as an example and you will see HD has lost it's edge. I think it is all about supply and demand. If you look at a 2006 FSTLNI that sold to the average consumer for 18K, it is being offered routinely for thousands less with low mileage, still under waranty, less the a year old, some with mods and basically a new bike. Times were you may have saved a few hundred dollars due to the fact you could not get the bike in a timely fashion. Now days, as stated in another thread, you can't hardly get around on a dealers floor due to so many bikes. I still love HD bikes and would never own any other. Just have noticed how things are changing. Not a big deal to me as I am not planning on selling..Love my Deluxe!
Keep in mind too alot of the bikes you see for sale are from people that bought them when the craze was on (American Chopper was big, Jesse James was all over the place with his bikes), and people paid out the nose to have the bike 'right now' (kindof like those PS3's that were selling for $3500+!) Anyways, those same bikes are typically up for sale because the person that bought them didn't really realize what they were getting into (as much as I love motorcycles and Harley's, they just aren't for everybody!), and now they are trying to get out while they are still alive!
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Extreme HDF Member
Joined: Apr 2006
Posts: 11,317
Likes: 11
From: Tucson, Az
RE: HD VS All
The days of puttiing your name on a list and waiting a year for your Harley are over. In 2001 I sold a one year old Heritage Classic for what I paid for it.
Now that supply has met demand, that won't work anymore. Why would someone pay me that much for a used Heritage when they can walk into the dealership and find a brand new one setting on the floor waiting for them?
Now that supply has met demand, that won't work anymore. Why would someone pay me that much for a used Heritage when they can walk into the dealership and find a brand new one setting on the floor waiting for them?
Seasoned HDF Member
Joined: Nov 2004
Posts: 8,129
Likes: 1,981
From: Ottawa, CANADA
RE: HD VS All
I bought my Harley to ride, and to keep for many years.
That said, Harleys retain more value over a longer period of time. People still get good money for 30+ year old AMF-era HDs, which are supposed to be the bottom of the barrel, qualtiy-wise. Hell even basket cases in boxes go for thousands. No metrics retain that much or type of value.
Cheers!
[sm=icon_rock.gif][sm=icon_rock.gif][sm=icon_rock.gif]
That said, Harleys retain more value over a longer period of time. People still get good money for 30+ year old AMF-era HDs, which are supposed to be the bottom of the barrel, qualtiy-wise. Hell even basket cases in boxes go for thousands. No metrics retain that much or type of value.
Cheers!
[sm=icon_rock.gif][sm=icon_rock.gif][sm=icon_rock.gif]