Milwaukee-Eight 117 Engine failures. Expect low resale values for the 2018 CVO's
#11
Price up here for one is $53K MSRP Canadian plus all the other fees and taxes. Puts it at $59K and change Canadian funds....for an 88HP motorcycle that weighs 1000lbs where you just replace the engine at every oil change interval. Let me think about that....
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Campy Roadie (06-18-2018)
#12
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#13
#14
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#15
But just for arguments sake lets look at the play money. Per Google, $1 US = $1.3 Canadian, so $59K Canadian = $45K US, THE SAME AMOUNT THEY COST IN THE US (out the door)!
So what was your point again?
#17
For someone who seems to bash the M8 as much as you do, you sure seem to spend a lot of time in the M8 forum, just an observation
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Eccool (06-13-2018)
#18
Go to any Harley dealership and ask the sales department if they've experienced any issues with the current model year CVO Milwaukee-Eight 117 engines and they will tell you that they haven't heard of any failures. Ask any honest service tech the same question and you will hear an entirely different story.
I've spoken to several Harley service techs over the last 3 weeks since my new CVO Street Glide kicked the bucket after only 1200 kms and I've been told that this is actually a common problem with the CVO's this year and that the failure rate could be as high as 10%. The new Milwaukee-Eight 117 is reminiscent of the Porsche 911 (996) engine that was manufactured between 1998 and 2004. During that time it was reported that 10% of these engines were failing due to an IMS bearing failure but Porsche denied that there was a problem and continued to sell them anyway.
Fast forward 15-20 years and a class action lawsuit later and it's a known fact that there was indeed a major manufacturing defect with these engines. Today you can buy a Porsche 911 with a 996 engine for the price of a Honda Civic because of that 10% chance that the IMS bearing could fail and cause catastrophic engine failure. Is it logical to fear the worst when realistically there is only a 10% chance of failure? Maybe not, but that still won't help the resale value on my CVO when the time comes to selling it!
What pisses me off the most is that Harley knows that there is an issue with these new engines but instead of sending my dealership a brand new motor to get me on my way they are still doing their investigation. It's been 3 weeks since my bike ended up in the shop and today I learnt that Harley is still requesting that my dealership take more photos of the motor to send to them for inspection. Really??? 3 weeks in the shop and they are still only in the picture taking stage??? What are they hoping to find that's going to be any different than all the other bone stock 2018 CVO's that have failed?
A company is only as good as it's products and the service that they provide to their customers, in my case the product failed and the customer service so far is NOT worth the $50,000 price tag that I paid. I just bought a new Harley Fat Bob a couple weeks ago to tool around on because Harley's extended warranty would only cover a loner bike for 10 days but I think it will be the last Harley I ever buy!
I've spoken to several Harley service techs over the last 3 weeks since my new CVO Street Glide kicked the bucket after only 1200 kms and I've been told that this is actually a common problem with the CVO's this year and that the failure rate could be as high as 10%. The new Milwaukee-Eight 117 is reminiscent of the Porsche 911 (996) engine that was manufactured between 1998 and 2004. During that time it was reported that 10% of these engines were failing due to an IMS bearing failure but Porsche denied that there was a problem and continued to sell them anyway.
Fast forward 15-20 years and a class action lawsuit later and it's a known fact that there was indeed a major manufacturing defect with these engines. Today you can buy a Porsche 911 with a 996 engine for the price of a Honda Civic because of that 10% chance that the IMS bearing could fail and cause catastrophic engine failure. Is it logical to fear the worst when realistically there is only a 10% chance of failure? Maybe not, but that still won't help the resale value on my CVO when the time comes to selling it!
What pisses me off the most is that Harley knows that there is an issue with these new engines but instead of sending my dealership a brand new motor to get me on my way they are still doing their investigation. It's been 3 weeks since my bike ended up in the shop and today I learnt that Harley is still requesting that my dealership take more photos of the motor to send to them for inspection. Really??? 3 weeks in the shop and they are still only in the picture taking stage??? What are they hoping to find that's going to be any different than all the other bone stock 2018 CVO's that have failed?
A company is only as good as it's products and the service that they provide to their customers, in my case the product failed and the customer service so far is NOT worth the $50,000 price tag that I paid. I just bought a new Harley Fat Bob a couple weeks ago to tool around on because Harley's extended warranty would only cover a loner bike for 10 days but I think it will be the last Harley I ever buy!
The Harley used bike market is in the toilet...all used Harleys have low resale value compared to 10 years ago...it is not going to get better...get over it.
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#19
Your first problem is you think it is 1990 and Harley's "hold" their value...they depreciate like every other vehicle..they are not an "investment"
The Harley used bike market is in the toilet...all used Harleys have low resale value compared to 10 years ago...it is not going to get better...get over it.
The Harley used bike market is in the toilet...all used Harleys have low resale value compared to 10 years ago...it is not going to get better...get over it.
Few years ago there was a 2003 100th Anniversary Heritage by me someone was selling on Craigslist. It had like 8 miles or something. They clearly bought and stored it for the sake of an 'investment'. They were asking over $20k for it. Considering it prob cost that much in 03 they weren't making $$ on it. The price eventually dropped a little I think? unsure if it sold.
#20
I just bought a new Harley Fat Bob a couple weeks ago to tool around on because Harley's extended warranty would only cover a loner bike for 10 days but I think it will be the last Harley I ever buy!
I wouldn't have given HD another nickel of my money if this happened to me.
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04ctd (06-13-2018)