Softail Models Standard, Custom, Night Train, Deuce, Springer, Heritage, Fatboy, Deluxe, Rocker and Cross Bones.
Sponsored by:
Sponsored by:

Got Taken?

Thread Tools
 
Search this Thread
 
Old Sep 13, 2007 | 08:42 PM
  #1  
lencap's Avatar
lencap
Thread Starter
|
Cruiser
Joined: Aug 2007
Posts: 227
Likes: 12
From: North Carolina
Default Got Taken?

Hi -

I posted earlier this week about my newly acquired '07 Softail Deluxe that I bought from the original owner with only 72 miles on the bike. He had to sell and I wanted to buy. I ran the VIN number by my local dealer and he said that there are two outstanding minor service issues - a batter holder fix and an update to the engine to help control the excess heat. I thanked him and made an appointment for him to make the needed fixes and also to check out the bike and to make some minor adjustments for me so I fit as well as I can.

A guy at the office asked what I paid, and I was hesitant to give the answer, since I didn't see why that was relevant or any of his business. He said that there is a glut of used '07s and hoped "I priced it accordingly". I paid what I thought was fair, which was quite a bit above the dealer trade value, especially since it has 72 miles on it, and HD extended warranty and the full size windshield. I called HD before buying it and they confirmed that the bike has the majority of the warranty in force, and that the warranty is fully transferable to the new owner. My co-worker got me wondering, what is a fair price for a used two tone just about new Deluxe?

Frankly, I don't really care, I'm happy and I got a beautiful bike far cheaper than I could have from the dealer, but I also would like to think that the price I paid was near the market. Fact is, if I overpaid a bunch, then the resale value of HD bikes is a lot lower than I thought.

 
Reply
Old Sep 13, 2007 | 08:55 PM
  #2  
grzly's Avatar
grzly
Road Master
Joined: May 2007
Posts: 983
Likes: 1
From: Sydney
Default RE: Got Taken?

if you love the bike and intend keeping it "forever" does it really matter ?
 
Reply
Old Sep 13, 2007 | 09:14 PM
  #3  
detonator's Avatar
detonator
Road Captain
Joined: Oct 2006
Posts: 625
Likes: 3
From:
Default RE: Got Taken?

Allright How much! No let me guess ! $18,000.00?
 
Reply
Old Sep 13, 2007 | 09:16 PM
  #4  
anubisss's Avatar
anubisss
Banned
Joined: Jan 2006
Posts: 17,265
Likes: 21
From: Los Angeles, CA
Default RE: Got Taken?

Don't sweat it. It's already done. Having buyers remorse is like peeing in your pants. Only you feel it...
 
Reply
Old Sep 13, 2007 | 09:19 PM
  #5  
lencap's Avatar
lencap
Thread Starter
|
Cruiser
Joined: Aug 2007
Posts: 227
Likes: 12
From: North Carolina
Default RE: Got Taken?

Grzy -

A good point, and very clearly stated. No it really doesn't matter what I paid. I'm still new to HD and haven't yet realized that HD owners actually enjoy their bikes, ride them and keep them. With the other bikes I've owned I became unhappy very quickly and resale value was important.

I owned a BMW R series bike, nice ride, but no personality at all - sounded like a sewing machine. A Ducati was a nice bike to look at, but the riding position was enough to swear off riding for a week after an hour in the saddle. The Valkyrie was a very smooth bike, again light on personality and very difficult to find a comfortable place for your legs with that very long engine in the way. The Jap sportbikes were fast and light, but every cop in the county was filling his ticket quota with them. The Moto Guzzi came the closest to the HD, but no where near the same experience. Interestingly enough I joined many of these brand's clubs, and found that a very high number of people had their bikes for 2 years or less and were not really happy for them and were looking around for other rides. The funny thing is almost all of those people mentioned HD and then said "Not for me, too expensive, old technology", etc. I admit to not giving HD a good look myself. But now that I have I realize that I've admired and wanted a HD for years, just didn't want to pay the price of admission. If I add up how much money I wasted on lesser bikes, I could have bought any model HD makes and still be far ahead.

Each of these bikes I bought to "keep", but each didn't work out. The best I did reselling any of them was a 30% loss in a year. Most were worse, even the BMW. I fully expect the Deluxe to be with me for life, but in case something changes, and given my history with other brands, I just was curious about used values for bikes.

 
Reply
Old Sep 13, 2007 | 09:20 PM
  #6  
commander112's Avatar
commander112
Road Master
Joined: Aug 2005
Posts: 952
Likes: 7
From: Waterford, MI.
Default RE: Got Taken?

In my experience there is ALWAYS a better deal out there if you look hard enough and for that matter, ALWAYS a worse deal out there too. As long as you feel good about your purchase and are happy with the bike don't let anyone else rain on your parade. F*ck 'en forget about it.

Mark
 
Reply
Old Sep 13, 2007 | 09:24 PM
  #7  
lencap's Avatar
lencap
Thread Starter
|
Cruiser
Joined: Aug 2007
Posts: 227
Likes: 12
From: North Carolina
Default RE: Got Taken?

Mark -

My bike is the same color. Where did you get the fender bib? Looks great. Thanks
 
Reply
Old Sep 13, 2007 | 09:24 PM
  #8  
deadeye's Avatar
deadeye
Road Warrior
Joined: Feb 2007
Posts: 1,338
Likes: 92
From:
Default RE: Got Taken?

That guy at the dealer would always say you paid too much unless you bought it from him. Forget about it.
 
Reply
Old Sep 13, 2007 | 09:29 PM
  #9  
bensonjv's Avatar
bensonjv
Stellar HDF Member
15 Year Member
Photogenic
Joined: Nov 2005
Posts: 2,272
Likes: 10
From: Orange VA
Default RE: Got Taken?

ORIGINAL: lencap
I paid what I thought was fair....
That's the right price. [sm=smiley20.gif]
 
Reply
Old Sep 13, 2007 | 09:33 PM
  #10  
commander112's Avatar
commander112
Road Master
Joined: Aug 2005
Posts: 952
Likes: 7
From: Waterford, MI.
Default RE: Got Taken?

ORIGINAL: lencap

Mark -

My bike is the same color. Where did you get the fender bib? Looks great. Thanks
My bib is a Mustang bib. Widely available. Check out the bib a fellow member here is about to offer for sale. Very nice. Here is the link:
https://www.hdforums.com/m_2152492/tm.htm

By the way, your blue is much darker than mine. Mine is an '05 only color. Yours is still nice though!

Mark
 
Reply



All times are GMT -5. The time now is 11:47 PM.