Harley losing rentals
#1
#3
I don't think they are getting out of rentals, just changing how they manage them. HD did sign an agreement with Eaglerider back in May. Eaglerider will run the rentals, you still pick them up and drop them off at HD dealers.
Here's an article from back in May
http://www.latimes.com/business/auto...508-story.html
Here's an article from back in May
http://www.latimes.com/business/auto...508-story.html
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bikermikee (06-10-2017)
#4
#5
I was going to rent a Harley while in Philly a month or so ago and not one dealer had one to rent. I visited a dealer and when I asked why, I was told it's a bad business model for dealers that are not in "destination" cities. That they don't rent enough bikes often enough to make the monetary loss of slightly used bike worthwhile.
#6
The rental business worked when bikes were hard to get, held there value. Many dealers got hurt when the M8 was introduced. They had quite a few twin cams in rental service, many with 20 to 30 thousand miles. Some are still sitting, to many low mile trades available at bargain prices to make the rentals worth buying.
Rentals have to much downside potential to make the investment worth while. In my opinion, Harley needs to make major upgrades all at once vs upgrading one major component at a time. Look at how Yamaha introduced there new touring bike, that is how Harley should have done the Rushmore upgrade. It should have included the new M8 and a new frame along with all the other advances. Watch for a new touring frame in 18 or 19. When that happens all previous models will drop in value big time.
Rentals have to much downside potential to make the investment worth while. In my opinion, Harley needs to make major upgrades all at once vs upgrading one major component at a time. Look at how Yamaha introduced there new touring bike, that is how Harley should have done the Rushmore upgrade. It should have included the new M8 and a new frame along with all the other advances. Watch for a new touring frame in 18 or 19. When that happens all previous models will drop in value big time.
#7
Harley is not losing rentals. The are giving control over to someone else that can better supply rentals in more areas. The system should improve making more rentals available at more dealerships. It should also eliminate issue that have come up with arriving and not getting the bike you wanted . The current system was not working except in some areas. T
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#8
#9
B.S. Just like when the M8 hit the market all twin cams were going to take a huge hit in value. Well that didn't happen and used values of previous year bikes hasn't changed much.
#10
Don't know how you figured? My personal experience says otherwise. The actual sale prices for twin cam touring bikes dropped significantly when the M8 was introduced. Anytime Harley upgrades a major component the previous model gets hurt.