Diminished Value
Thread Starter
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Stage IV
Joined: Dec 2016
Posts: 4
Likes: 0
From: Albuquerque NM
Jeez, there's a whole industry surrounding damaged vehicles and diminished valve. Heck, right by me here in Virginia is one of the nations largest. People constantly buy and sell wrecked, damaged and outright totalled vehicles. If its fixed right the ONLY thing that even plays a role, is its dollar value. Which any savy insuree can negotiate to be made whole with a big fat DV check. Just cause "you guy's " wouldn't touch a bike that went down, doesn't mean there aren't countless hordes of bargain shoppers who would. Once a party gets his/her diminished value check, and a properly fixed motorcycle, when he sells it, he'll be in the same financial shape as the guy who sold the clean title bike.
http://www.kimmotor.com/repairables....arley-Davidson
http://www.kimmotor.com/repairables....arley-Davidson
But he will sell the bike for less when he does sell it. Bank the DV check............................................. .......................................
Ultimate HDF Member
Joined: Jun 2007
Posts: 9,193
Likes: 494
From: Richmond, VA
Well, since the general consensus is that you get Zippo for upgrades. 15K, tops. And thats being generous with maybe 1,000 bucks for all the upgrades. NADA says top dollar is 14.2
Last edited by bikerlaw; Dec 30, 2016 at 08:51 PM.
If the insurance company thinks that bike is worth 30K it's too bad for the owner that they didn't total it. At brand new prices with full credit for all options it was only $36K. Again, giving full credit for all options (which never happens) they're saying $6K in depreciation over 4 years. Don't we all wish that was the case. This bike, without the accident, is maybe a $17K bike. With the accident, ?????????.
Thread Starter
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Stage IV
Joined: Dec 2016
Posts: 4
Likes: 0
From: Albuquerque NM
it is a 2013
Electric Glide FLHTK Limited. 7299 miles. $1827 OEM options. 10,200 aftermarket options. Vehicle owner and insurance company agree the Actual Cash Value is $30,634.50.
Again, if you wanted this model and the repairs were excellent, $9,152.25 in repairs.
What would you pay for this vehicle?
I am not trying to get a professional DV experts opinion of what it would sell for, I want a bikers opinion of its post repair value.
Electric Glide FLHTK Limited. 7299 miles. $1827 OEM options. 10,200 aftermarket options. Vehicle owner and insurance company agree the Actual Cash Value is $30,634.50.
Again, if you wanted this model and the repairs were excellent, $9,152.25 in repairs.
What would you pay for this vehicle?
I am not trying to get a professional DV experts opinion of what it would sell for, I want a bikers opinion of its post repair value.
Extreme HDF Member
Joined: Jan 2012
Posts: 12,986
Likes: 712
From: NE Philly
Your extras are worth MAYBE $0.20 on the dollar.
There are a plethora (more like a glut) of used garage queens out there. Just check Craigslist. Your bike holds little value to someone like myself that can get a used bike with under 5,000 miles on it that hasn't been in an accident for a song. A 2013 Electra Glide Limited is not rare. With the new M8 bike, it's worth somewhat less now.
There are a plethora (more like a glut) of used garage queens out there. Just check Craigslist. Your bike holds little value to someone like myself that can get a used bike with under 5,000 miles on it that hasn't been in an accident for a song. A 2013 Electra Glide Limited is not rare. With the new M8 bike, it's worth somewhat less now.
Road Master
Joined: Jun 2015
Posts: 849
Likes: 130
From: Inside of a house
Harleys website says a new 2017 Electra Glide is starts at $29,599.99 so there is no way in hell a used 2013 is worth $30,634.50 unless it's being sold to the worlds biggest idiot the accessories have no value on a trade at a dealership and most bikers with any savvy will not pay extra for them so the only way you would get that is if you sold the bike to a total chump who is probably buying their first bike and was not smart enough to look around and get a garage queen that's never been damaged your bike has over $9000 in repairs I'd say you would be lucky to get $9000 - $10,000 for the bike
Last edited by StoneyFatBoy; Dec 30, 2016 at 10:30 PM.
Seasoned HDF Member
Joined: Dec 2006
Posts: 8,201
Likes: 6,062
From: Black Hills
Buying a previously damaged bike can me OK. It's all relative to what kind of damage. Mine was considered totaled while parked in a garage. The PO's GF caught him with another woman and went after the bike with a sledge and broke the fairing, bags, dented the fenders and tank but no collision. My buddies bike was total when it came loose in a trailer and damaged the custom paint, the cost to repair the paint work exceeded the value of the bike. Again no collision.
Road Captain
Joined: Sep 2015
Posts: 656
Likes: 115
From: Florida
it is a 2013
Electric Glide FLHTK Limited. 7299 miles. $1827 OEM options. 10,200 aftermarket options. Vehicle owner and insurance company agree the Actual Cash Value is $30,634.50.
Again, if you wanted this model and the repairs were excellent, $9,152.25 in repairs.
What would you pay for this vehicle?
I am not trying to get a professional DV experts opinion of what it would sell for, I want a bikers opinion of its post repair value.
Electric Glide FLHTK Limited. 7299 miles. $1827 OEM options. 10,200 aftermarket options. Vehicle owner and insurance company agree the Actual Cash Value is $30,634.50.
Again, if you wanted this model and the repairs were excellent, $9,152.25 in repairs.
What would you pay for this vehicle?
I am not trying to get a professional DV experts opinion of what it would sell for, I want a bikers opinion of its post repair value.
I just traded my 2013 Limited for a 16 Trike at the end of the model year. It was before the new 17's were revealed and dealers were doing everything possible to get rid of 16's. If you are lucky a dealer might give you $13,000 for a trade with all those options. Selling it privately I would be shocked if you could get $15,000. Five months ago you could have done $2,000 or $3,000 better.
When that ride was brand new with 5 miles on the odometer, even if all the options were added immediately, it wasn't worth $30,000 the day after it was driven off the showroom floor.