HD's still holding their value?
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Cruiser
Joined: Jan 2007
Posts: 203
Likes: 1
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HD's still holding their value?
I see where locally the 2007 HD are selling with no finance charge and the 2008 are with 2.0 finance charge. I am payng 8 1/2 percenton my new bike.What gives? Are they going to be selling below MSRP next? I am almost willing to trade for the lower rate!
Outstanding HDF Member
Joined: Sep 2006
Posts: 2,371
Likes: 11
From:
RE: HD's still holding their value?
ORIGINAL: tatersalad
I see where locally the 2007 HD are selling with no finance charge and the 2008 are with 2.0 finance charge. I am payng 8 1/2 percenton my new bike.What gives? Are they going to be selling below MSRP next? I am almost willing to trade for the lower rate!
I see where locally the 2007 HD are selling with no finance charge and the 2008 are with 2.0 finance charge. I am payng 8 1/2 percenton my new bike.What gives? Are they going to be selling below MSRP next? I am almost willing to trade for the lower rate!
Outstanding HDF Member
Joined: Feb 2007
Posts: 2,710
Likes: 6
From: Spokane, WA.
RE: HD's still holding their value?
I guess i'd go with a '07 given the lower rate. Aside from that- I do not think I'd like the servo control / no throttle cable set up.my 1 cent worth - I can't find my other penny.
Cruiser
Joined: Dec 2007
Posts: 120
Likes: 0
From: Sunbury PA
RE: HD's still holding their value?
Afert searching for a Fatboy for a few months, it appears to me that they're holding their value pretty well. I was to three different Harley shops in my area and two would not budge on the MSRP of an '08 Fatboy. The last dealer ended up selling me mine for almost $2,000 off MSRP. With tax and tags, the first two wanted roughly $19,300 out the door and I ended up spending $17,500 for mine. I'm sure had I looked harder, I could've save a few hundred more dollars, but this dealer is only 20 minutes from my house so I went with them.
Seasoned HDF Member
Joined: Oct 2007
Posts: 56,052
Likes: 88,782
From: Western South Dakota
RE: HD's still holding their value?
Seems to me that the market is flooded with HD's right now. HD shot em' selves in the foot by producing too many bikes, (greed)and now people can't get what they've paid for them. Supply and demand, and right now there is more supply than there is demand, hence the prices are going down, and those that think that they have a cream puff are not getting the prices that they want and many are having to take a beating to turn them. HD needs to slow down production for a while.
Extreme HDF Member
Joined: Sep 2006
Posts: 10,033
Likes: 29
RE: HD's still holding their value?
The prices and demand are falling. HD is partially to blame forflooding the market. The economy is also weak. I could care less how much mine are worth. I hope the markets bottom completely falls out making HD's worth pennies on the dollar. That will just mean that my next one will be even that much cheaper.
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Cruiser
Joined: Jul 2006
Posts: 182
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RE: HD's still holding their value?
ORIGINAL: xxxflhrci
The prices and demand are falling. HD is partially to blame forflooding the market. The economy is also weak. I could care less how much mine are worth. I hope the markets bottom completely falls out making HD's worth pennies on the dollar. That will just mean that my next one will be even that much cheaper.
The prices and demand are falling. HD is partially to blame forflooding the market. The economy is also weak. I could care less how much mine are worth. I hope the markets bottom completely falls out making HD's worth pennies on the dollar. That will just mean that my next one will be even that much cheaper.
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Seasoned HDF Member
Joined: Sep 2004
Posts: 6,197
Likes: 708
From: (Toronto) Canada
RE: HD's still holding their value?
I paid $34,000 for my ride in 2001. Today a new one is $21,000. US dollar has crashed, and HD is feeling the pain. All of those out of country dealers are bringing in 50% less profits. The states are feeling the pain of the crappy economy and credit crunch. Sucks big time!!!! Anyone that bought a HD with the intention of making money is a sucker.
I'm just happy that I ride, and really don't give a crap about value.
See you on the road.
Joe
I'm just happy that I ride, and really don't give a crap about value.
See you on the road.
Joe
Intermediate
Joined: Aug 2007
Posts: 37
Likes: 0
From:
RE: HD's still holding their value?
I waited a long time for a good price on a Harley, but it was worth the wait. For years a drove rice bikes and liked everyone of them. Goldwings, Shadows,Vulcans and others and never lost a dime on any of them because I bought them used and took good care of them and sold them for what I paid for them. Last August I finally got my first Harley. A 2005 Heritage Classic , mint cond. with 6400 miles and lots of extra chrome. The price from a private party was 12500. My point is take your time when spending your hard earned money on a cycle. The bargains are out there when you look hard and take you time. As many others have said recently, it is a buyers market on most bikes and will continue for some time. Good luck on your hunt for a good bargain.