CVO Depreciation
Cruiser
Joined: Dec 2017
Posts: 154
Likes: 57
From: Charlottesville
Because I like new, and want new. This is my 6th new CVO since 09. When my bikes get traded they have over 45K on them so they are past slightly used. Even when I traded the 11 month old 17 CVO Street glide on the 18 it had 21K on it.
I fully agree.
I also do pretty well on my trades. The dealer I use does not try to rape me.
I fully agree.
I also do pretty well on my trades. The dealer I use does not try to rape me.
100% agreed. I bought 17- FLHXSE in April, another in June and bought a 18 FLTRXSE on December 13. We buy them ride them then get rid of them. So be it. Got $37k on my last trade with 8000 miles on bike.
Seasoned HDF Member
Joined: Apr 2012
Posts: 9,981
Likes: 5,219
From: Michigan
I've been buying and riding H-D's since 10/1974 ('75 Sporty).
At one time, you could buy a bike, ride it for nearly as full season and then sell it for darned near what you paid for it.
At one time, we had 5 in the garage but we've cut back to 4 and may probably go back to 5 if I decide to buy myself a new Tri-Glide and can get a decent price out of my '13 CVO Ultra.
Two (not really related to a bike) issues is the amount of months (approximately 5) and the amount of riding time we can get here in lower Michigan.
If I'm going to pay $ 4000 to $ 5000 per year in depreciation on a vehicle, I can lease a new Chevy Silverado or a even a Cadillac for vacations and road trips for that amount of money and then just ride my older bikes locally.
I think MOCO is simply over-producing what the current market is calling for in order to make more money on volume sales.
At one time, you could buy a bike, ride it for nearly as full season and then sell it for darned near what you paid for it.
At one time, we had 5 in the garage but we've cut back to 4 and may probably go back to 5 if I decide to buy myself a new Tri-Glide and can get a decent price out of my '13 CVO Ultra.
Two (not really related to a bike) issues is the amount of months (approximately 5) and the amount of riding time we can get here in lower Michigan.
If I'm going to pay $ 4000 to $ 5000 per year in depreciation on a vehicle, I can lease a new Chevy Silverado or a even a Cadillac for vacations and road trips for that amount of money and then just ride my older bikes locally.
I think MOCO is simply over-producing what the current market is calling for in order to make more money on volume sales.
Cruiser
Joined: Dec 2017
Posts: 154
Likes: 57
From: Charlottesville
Yeah but I lost the 11k+ I had put in the bike. I took the trade as fast as I could in December when the bike I wanted came in. Especially since things have dropped off the past few months. Trade values are falling even more. Glad I got out when I did on that one. Bought a 18 FLXTRSE and dropped another 10k on this one. Sometimes we never learn. LOL.
Road Master
Joined: Jan 2017
Posts: 1,169
Likes: 324
From: slinger wi
yeah but i lost the 11k+ i had put in the bike. I took the trade as fast as i could in december when the bike i wanted came in. Especially since things have dropped off the past few months. Trade values are falling even more. Glad i got out when i did on that one. Bought a 18 flxtrse and dropped another 10k on this one. Sometimes we never learn. Lol.
Road Master
Joined: Oct 2008
Posts: 842
Likes: 284
From: UK
Just traded my CVO 11 softail convertible for a 18 RGS new Ł22500
Im in UK, same here as US usually give no extra for accessories
Got 14k bike has 117 fitted by me 130/134 dynoed
Purchased bike 4yrs ago from same dealer 5000ml on it, now has 21000ml.
Took the deal, thought not bad on a 7yr old bike with the new softails now launched?
Im in UK, same here as US usually give no extra for accessories
Got 14k bike has 117 fitted by me 130/134 dynoed
Purchased bike 4yrs ago from same dealer 5000ml on it, now has 21000ml.
Took the deal, thought not bad on a 7yr old bike with the new softails now launched?
Road Master
Joined: Jan 2017
Posts: 1,169
Likes: 324
From: slinger wi
y'all go on and knock yourselves out. for the amount of money that people spend customizing their bikes to be 'knock off' cvo's, they already have way over cvo money tied up in them. then when they go to sell or trade, they don't get anything for their 'upgrades'.
i have a spreadsheet that i got from another member here where you can list all of your upgrades and mods to help with your insurance or even just to keep a tally on how much you spend on your bike. my bike, 2013 cvo road glide: extra coverage for insurance for mods: less than $3k (thats the min that they sell). wife's bike, 2012 road glide custom: extra coverage for her mods: between $10k and $12k. that basically puts the cost of her bike right in cvo territory.
do cvo's depreciate? sure they do. so do your standard models. comparing msrp to msrp, cvo's may even depreciate a little more on percentage. but once you add in all those mods to your standard model, no brainer. pay more upfront, pay less during ownership, get more on the backend.
i have a spreadsheet that i got from another member here where you can list all of your upgrades and mods to help with your insurance or even just to keep a tally on how much you spend on your bike. my bike, 2013 cvo road glide: extra coverage for insurance for mods: less than $3k (thats the min that they sell). wife's bike, 2012 road glide custom: extra coverage for her mods: between $10k and $12k. that basically puts the cost of her bike right in cvo territory.
do cvo's depreciate? sure they do. so do your standard models. comparing msrp to msrp, cvo's may even depreciate a little more on percentage. but once you add in all those mods to your standard model, no brainer. pay more upfront, pay less during ownership, get more on the backend.
long and short its mine wont see another one like it period
my buddy has a 2016 cvo ultra guess what we see them all over same paint .
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Extreme HDF Member
Joined: Oct 2011
Posts: 11,613
Likes: 7,087
From: SoCal / AZ
^^^ I have only seen one other CVO that was the same as mine, and I bought mine in 2015 after the 16's were released. I do a lot of runs, and ride with a vet group so I am around a lot of bikes. I am also in SoCal which has a lot of HD's on the road. Maybe the SG's are not as common, but I just don't see a lot of CVO's around like others claim.
BTW, my friend also has a 16 CVO SG in white, and his is the only white one I have seen on the road.
BTW, my friend also has a 16 CVO SG in white, and his is the only white one I have seen on the road.
Seasoned HDF Member
Joined: Nov 2016
Posts: 6,085
Likes: 6,445
From: East TN
I have a 03 Fatboy that I have way more money in than any CVO. I have zero intentions of ever selling it. Its a 1 of 1.
I have a 13 CVO King with almost 6K motor work, no intentions of ever selling. Have more in the fatboy than this bike.
Have a 18 CVO Road Glide. I'm sure it will be traded in a couple years, around 45K on the odometer. CVO works for the bike I travel on, dont have to add much, has everything. Can trade and not lose my azz on add ons.
I have yet to see another Gunship gray on the road. I am 100% sure I will at bike week.
I traded a 17 CVO Street glide with 21K at 11 months old on the bike above, there were there identical ones on a charity ride.
How many bikes have you rode 2 years, put 45K on and got 4K less in trade than you paid for it? I have done that with a few CVO's