CVO Depreciation - Page 6 - Harley Davidson Forums



Screamin Eagle CVO Models All CVO Bikes 1999 thru present.

CVO Depreciation

Reply
 
 
 
P
 
Thread Tools Search this Thread
  #51  
Old 01-10-2018, 11:45 AM
skratch's Avatar
skratch skratch is online now
Extreme HDF Member
Join Date: Jan 2007
Location: anacoco, la
Posts: 14,431
Thanked 422 Times in 336 Posts
Default

okay, just for ***** and grins, i did some math.

msrp on 2012 road glide custom: $20194.00
average retail on nada right now: $14185.00
that puts it at 70.2% of original value. but once you add in all those 'upgrades', even at the low end of $10,000.00 that puts the value at 46.9% of original value.

msrp on 2013 road glide custom cvo: $33199.00
average retail on nada right now: $23,555.00
that puts it at 70.3% of original value.

so 30% depreciation vs. 54% depreciation? tell me again how i overpaid for my cvo....
Reply With Quote
The Following User Says Thank You to skratch For This Useful Post:
secular (01-10-2018)
  #52  
Old 01-10-2018, 02:33 PM
PFWiz's Avatar
PFWiz PFWiz is offline
Outstanding HDF Member
Join Date: Jun 2009
Location: Northern, Ohio (Yuck!)
Posts: 2,654
Thanked 49 Times in 35 Posts
Default

First of all bikes don't sell for NADA list or blue book or red book or any of the other "little books" value. They sell for what someone is willing to pay. I have see bikes and cars sell for well more than they should have been worth and I have seen good deals sit unloved for months.

Now as to trade in values. You guys are comparing apples to oranges. Comparing a totally stock 5 year old CVO to a stock 5 year old Limited is totally unfair. To make it fair you need to make the bikes the same.

For example I just traded in my 2011 FLTRU with 36K miles. I got $11,000 trade in for it. Not bad, nearly 50% back on 7 year old bike, right?

WRONG!

Why? Because I also had over $12,000 ( which adds up to just over MSRP on 2011 CVO RGU) in add ons on the bike (not including installation) My bike was totally chromed out with a stage 2 and TMax. My bike except for the paint job was equal in bling, options and power to a CVO. But when you take that into account I only got about 30% of the money I had in the bike as trade in value. As we have already noted CVO's get back much more than that.

Will I spend $ on a few add ons for my 2018 CVO Limited? Yes, of course, but no where near the $12,000 plus I put on the 2011. The CVO just doesn't need it. My wife actually required me to buy a CVO if we got a new bike just for this very reason...

My point being unfair comparisons prove nothing.
Reply With Quote
The Following User Says Thank You to PFWiz For This Useful Post:
secular (01-10-2018)
  #53  
Old 01-10-2018, 03:34 PM
skratch's Avatar
skratch skratch is online now
Extreme HDF Member
Join Date: Jan 2007
Location: anacoco, la
Posts: 14,431
Thanked 422 Times in 336 Posts
Default

if you're responding to my post, well, of course i had to use a 'guide' for values. i damn sure wasn't gonna go out and try to sell my bike and my wife's bike just for discussion's sake.

i feel my comparison was fair. i used the same guide for both bikes. in real life, is it going to be totally accurate? probably not. but it's all academic anyway, neither bike is going anywhere anytime soon. at least not without my *** on it
Reply With Quote
  #54  
Old 01-11-2018, 07:56 PM
68 XLCH's Avatar
68 XLCH 68 XLCH is offline
Road Warrior
Join Date: Mar 2014
Location: East Coast
Posts: 1,796
Thanked 94 Times in 87 Posts
Default

Quote:
Originally Posted by skratch View Post
if you're responding to my post, well, of course i had to use a 'guide' for values. i damn sure wasn't gonna go out and try to sell my bike and my wife's bike just for discussion's sake.

i feel my comparison was fair. i used the same guide for both bikes. in real life, is it going to be totally accurate? probably not. but it's all academic anyway, neither bike is going anywhere anytime soon. at least not without my *** on it

You've got to have some frame of reference, measuring stick to conduct a comparison and i think if you were able to run a survey the numbers would be close.
Reply With Quote
  #55  
Old 01-11-2018, 09:04 PM
skratch's Avatar
skratch skratch is online now
Extreme HDF Member
Join Date: Jan 2007
Location: anacoco, la
Posts: 14,431
Thanked 422 Times in 336 Posts
Default

thats what i figured. i guess i could be wrong though....

either way, i'll get more for my bike, than my wife will for hers, and we both have about the same money in them.....
Reply With Quote
  #56  
Old 01-11-2018, 09:56 PM
SilverStreetGlide's Avatar
SilverStreetGlide SilverStreetGlide is offline
One Of The Regulars
Join Date: May 2012
Location: Lucketts
Posts: 110
Thanked 16 Times in 14 Posts
Default

For all here I know is this will come across as arrogant but who here actually buys a CVO with the intention it’s actually a good financial investment? For me personally it’s about the awesome opportunity to own a one of kind and have a Limited production cycle. Other then that, invest your fricking money in anything but a ICE (internal combustion engine) toy. My two cents and I won’t post pics of all my ICE waste of money Toys LOL. Cause I have a few and plus some. Whoever dies with the most toys wins LOL.
Reply With Quote
  #57  
Old 01-12-2018, 07:35 AM
tbob's Avatar
tbob tbob is online now
Road Master
Join Date: Oct 2009
Location: Smalltown,USA
Posts: 1,067
Thanked 79 Times in 60 Posts
Default

Quote:
Originally Posted by PFWiz View Post
First of all bikes don't sell for NADA list or blue book or red book or any of the other "little books" value. They sell for what someone is willing to pay. I have see bikes and cars sell for well more than they should have been worth and I have seen good deals sit unloved for months.

Now as to trade in values. You guys are comparing apples to oranges. Comparing a totally stock 5 year old CVO to a stock 5 year old Limited is totally unfair. To make it fair you need to make the bikes the same.

For example I just traded in my 2011 FLTRU with 36K miles. I got $11,000 trade in for it. Not bad, nearly 50% back on 7 year old bike, right?

WRONG!

Why? Because I also had over $12,000 ( which adds up to just over MSRP on 2011 CVO RGU) in add ons on the bike (not including installation) My bike was totally chromed out with a stage 2 and TMax. My bike except for the paint job was equal in bling, options and power to a CVO. But when you take that into account I only got about 30% of the money I had in the bike as trade in value. As we have already noted CVO's get back much more than that.

Will I spend $ on a few add ons for my 2018 CVO Limited? Yes, of course, but no where near the $12,000 plus I put on the 2011. The CVO just doesn't need it. My wife actually required me to buy a CVO if we got a new bike just for this very reason...

My point being unfair comparisons prove nothing.
Yes sir,been there done that a couple times.
Reply With Quote
  #58  
Old 01-12-2018, 04:29 PM
Coastal CVO's Avatar
Coastal CVO Coastal CVO is offline
Outstanding HDF Member
Thread Starter
Join Date: Apr 2013
Location: CC TX
Posts: 2,404
Thanked 70 Times in 59 Posts
Default Happy Ending

When I started this thread, I was simply stating that once again my local dealer had low balled me on my trade, the discussion has gone all over the place with comments about harleys not being good investments and such.

I was not willing to take the hit they were throwing out, so, I walked.

Since then, the dealer called me back, they got the right bike that my wife wanted, they gave me the original trade value that I asked for and the original price on the new bike that I wanted.

All that said, The CVO is gone and I now own a 2018 TriGlide Anniversary addition.

Moral of this story, set your limits, stick to them and reap the benefits.
Attached Thumbnails
CVO Depreciation-20180112_130846.jpg  
Reply With Quote
The Following User Says Thank You to Coastal CVO For This Useful Post:
Ohiobellboy (01-12-2018)
  #59  
Old 01-12-2018, 07:32 PM
tbob's Avatar
tbob tbob is online now
Road Master
Join Date: Oct 2009
Location: Smalltown,USA
Posts: 1,067
Thanked 79 Times in 60 Posts
Default

Very nice trike hope you have a blast traveling this summer.
Reply With Quote
  #60  
Old 01-13-2018, 11:15 AM
drrot's Avatar
drrot drrot is offline
New Member
Join Date: May 2008
Location: McHenry, IL
Posts: 35
Thanked 0 Times in 0 Posts
Default

Beautiful bike. Never thought about the dealer calling me back with a better deal. Always tried to avoid giving out my phone# if they weren't reasonable to begin with.
Reply With Quote
 
 
 
P
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
2017 cvo street glide niteman Screamin Eagle CVO Models 65 06-14-2017 10:54 PM
2016 CVO Road GLIDE - Is this a good deal? waloupis Screamin Eagle CVO Models 24 04-15-2017 10:17 PM
2016 CVO Road GLIDE - Is this a good deal? waloupis Touring Models 50 04-05-2017 08:19 PM
New from East TN FLSTFI Dave New Members Area 32 11-26-2016 10:48 AM
I have join the ranks cvo Streetglide MOOSEBUD Screamin Eagle CVO Models 9 09-13-2016 11:24 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

Featured Sponsors
Vendor Directory

All times are GMT -5. The time now is 06:54 PM.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: