CVO Depreciation
Seasoned HDF Member
Joined: Jan 2007
Posts: 20,616
Likes: 4,440
From: anacoco, la
Was looking at a new bike this past weekend, sales guy asked if I was thinking about trading my 13 FLTRXSE2, so I said maybe...
The bike is immaculate, tons of accessories to include the factory matched tour pack, all of the CVO paraphernalia still in the original packaging, binder full of maintenance receipts.
Trade Value on a 37K new bike at my local H-D Dealership. 18K!
Yes, less than half of what I spent.
Not sure my next bike is going to be a Harley based on this experience.
The bike is immaculate, tons of accessories to include the factory matched tour pack, all of the CVO paraphernalia still in the original packaging, binder full of maintenance receipts.
Trade Value on a 37K new bike at my local H-D Dealership. 18K!
Yes, less than half of what I spent.
Not sure my next bike is going to be a Harley based on this experience.
i'm down to the last couple of payments on my 13. i'm thinking i like the idea of not having a payment, so not looking to trade mine in anytime soon.
Thread Starter
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Outstanding HDF Member
Joined: Apr 2013
Posts: 3,369
Likes: 472
From: CC TX
well, one flaw in your scenario is the price you initially paid. the 2013 fltrxse2 was $33,000 new. not $37. you may have paid that much with dealer markup, fees, taxes, etc. but that is throw away money. you never get that back.
i'm down to the last couple of payments on my 13. i'm thinking i like the idea of not having a payment, so not looking to trade mine in anytime soon.
i'm down to the last couple of payments on my 13. i'm thinking i like the idea of not having a payment, so not looking to trade mine in anytime soon.
PS, there were dozens of Emerald Green models available at 34K, I wanted the orange.
Seasoned HDF Member
Joined: Jan 2007
Posts: 20,616
Likes: 4,440
From: anacoco, la
well, it really does. you can't say you lost that much in depreciation, when $4000 of said 'loss' was overpayment.
either way, i'd still be looking at a different dealer. there's gotta be someone out there somewhere who'll give you a better deal than what your local is offering.
either way, i'd still be looking at a different dealer. there's gotta be someone out there somewhere who'll give you a better deal than what your local is offering.
Grand HDF Member
Joined: Sep 2016
Posts: 3,522
Likes: 3,704
From: South Texas
Coastal, you're in Corpus? Only one dealer in town. At my last visit they still had at least 2 new 2016 CVO tour bikes on the floor, so I'm not surprised they'd low ball your trade in.
Next closest dealer is in Victoria, an even smaller market.
I'm a new transplant to Corpus and enjoying the riding season here!
Next closest dealer is in Victoria, an even smaller market.
I'm a new transplant to Corpus and enjoying the riding season here!
Thread Starter
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Outstanding HDF Member
Joined: Apr 2013
Posts: 3,369
Likes: 472
From: CC TX
Coastal, you're in Corpus? Only one dealer in town. At my last visit they still had at least 2 new 2016 CVO tour bikes on the floor, so I'm not surprised they'd low ball your trade in.
Next closest dealer is in Victoria, an even smaller market.
I'm a new transplant to Corpus and enjoying the riding season here!
Next closest dealer is in Victoria, an even smaller market.
I'm a new transplant to Corpus and enjoying the riding season here!
Fortunate for me, my territory consists of Waco to Mexico so I hit all the dealers in between. Have not added any of the other dealer conversations to this discussion, however, I have spoke with several since this desire of my wife to look at new bikes, Austin, San Antonio were as expected, better but I have not found a deal that makes me want to trade my CVO thus far. Have not been to the RGV yet, I actually bought the bike at Mad Boar in San Benito, they were the only dealer that took the time and effort to locate what I wanted.
Scratch, I am not looking at what I paid, I am looking at what the value of my bike shows in KBB and bikes sold on the interweb. This local dealer wants 2K over MSRP for their bike and wants to allow 4K under the agreed value of my bike, agreed by KBB, and two other dealers. I am not sure why you focus on the 37K number, to be honest, that is 10 K under what I have in the bike, but, that is another story altogether.
Road Warrior
Joined: Sep 2009
Posts: 1,465
Likes: 62
From: Port St. Lucie, FL
My local dealer changed ownership earlier this year. I’m on my second CVO Road Glide. It’s a 2015 with 44K miles on it now. A couple months ago a salesman tried to entice me onto a new 2018 CVO Ultra, which I’m not a bat wing fan. I had 35K miles on my CVO at the time.
The dealership wanted $6K over msrp and offered me $13K for mine. LMAO!
I told them no way. The very next morning someone bought it for that price. I’m not a payment buyer, I’m a cash difference buyer. I hate to be in that guy’s shoes that bought it when he’s ready to trade out of it. LOL
The dealership wanted $6K over msrp and offered me $13K for mine. LMAO!
I told them no way. The very next morning someone bought it for that price. I’m not a payment buyer, I’m a cash difference buyer. I hate to be in that guy’s shoes that bought it when he’s ready to trade out of it. LOL
Thread Starter
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Outstanding HDF Member
Joined: Apr 2013
Posts: 3,369
Likes: 472
From: CC TX
As long as someone is willing to pay ridiculous prices and take nothing for their trade, there will be dealers taking advantage of those folks.
Corpus is a small town and it's a long way to the next big city, folks want something so they will just pay for it. If your willing to drive a little, you could save some decent change, heck, you might be able to use the savings to purchase some accessories.
Corpus is a small town and it's a long way to the next big city, folks want something so they will just pay for it. If your willing to drive a little, you could save some decent change, heck, you might be able to use the savings to purchase some accessories.
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Thread Starter
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Outstanding HDF Member
Joined: Apr 2013
Posts: 3,369
Likes: 472
From: CC TX
Mostly true statement, the part about a bargain, only true if you but it from an individual, dealers take them on the cheap and ask for high retail when they have them on the floor.