Thinking about trading in...
Thread Starter
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Road Master
Joined: Aug 2008
Posts: 1,022
Likes: 70
From: Greensboro NC
I know I stated that I am well aware that I will not get retail. I could only locate the low and clean retail numbers on NADA internet site. My plan is as follows:
1- Take bike to dealer
2-Ask them to look at my bike and give me the best trade in towards the used bike I saw Sat
3-Go home to think about it.
I already told them It would not happen right away anyway. No running credit etc...Just like another poster said..I have a bike and the ability to ride into the wind on that bike LOL.
1- Take bike to dealer
2-Ask them to look at my bike and give me the best trade in towards the used bike I saw Sat
3-Go home to think about it.
I already told them It would not happen right away anyway. No running credit etc...Just like another poster said..I have a bike and the ability to ride into the wind on that bike LOL.
Thread Starter
|
Road Master
Joined: Aug 2008
Posts: 1,022
Likes: 70
From: Greensboro NC
I am actually looking at a used one they have for 14900 (or less) according to the salesman. It is an 06 with rineharts and some other stuff. That bike has 24K though. They had 2 or 3 used ones. I will have to see what they are talkin bout...
Here is the Kelly Blue Book Trade In Value.
http://www.kbb.com/motorcycle/trade-...-train/231285/
The Dealer is only gonna give you trade in. Mods or Stock. They have to be in it low enough so that they can sell it for low retail and still make money. I would take all of the mods off and sell them on the forum and then trade it in. I would pay it off first and sell all of the extra parts then have a little extra cash to deal with.
http://www.kbb.com/motorcycle/trade-...-train/231285/
The Dealer is only gonna give you trade in. Mods or Stock. They have to be in it low enough so that they can sell it for low retail and still make money. I would take all of the mods off and sell them on the forum and then trade it in. I would pay it off first and sell all of the extra parts then have a little extra cash to deal with.
Road Master
Joined: Sep 2009
Posts: 1,059
Likes: 32
From: Oregon
I like a train all modded up but I love the looks of a bagger all done up. Go for it. If my house ever sells I will be getting a new Street Glide my self. Cant get rid of my bar hopper though. Either way you go the sled you have is bad ***.
Stone
Stone
Road Warrior
Joined: Dec 2011
Posts: 1,805
Likes: 47
From: Lake Tahoe California
My advice: Nice bikes are out there, there is nothing so special about the one you are looking at that you can not get as good of a deal (maybe better) in the future.
That said, advertise your bike on craigslist or the like at the price you think you can get (retail - maybe even high retail if it is particularly nice). If/when you sell it, you will know how much you really have to work with when you buy a "new" bike. Or at least you will know how much your bike is really worth from the marketplace.
Nothing worse that feeling like the dealer gave it to you hard, without lube, both coming and going. If there is lots of interest in the bike, you have more ammo for negotiations if you really want to do a trade-in scenario.
Just remember, the dealer is not only going to have to make a profit on the sale of the "new" bike on you, but he will have to buy the bike cheap from you so he can sell it to someone for the price you would have sold it to them. Hence the "coming and going" thing I described earlier.
With all respect to everyone who bought their bike new, folks have to admit the value of a new bike sinks like a stone after it is purchased. Being the second owner of a bike with less than 10K miles is a much better scenario, financially, than buying new. I bought my bike for less than 40% of what the guy who purchased it new paid for it. No scratches, bumps, nicks, or any other problems. There are lots of cream-puffs out there. Only buy an unmodified used bike with an great, documented service history. Your wallet will love you for it.
Oh, and by the way, your credit union also gives competitive loans on used bikes, so the dealer is not the only place to get financing.
Off soapbox now.
That said, advertise your bike on craigslist or the like at the price you think you can get (retail - maybe even high retail if it is particularly nice). If/when you sell it, you will know how much you really have to work with when you buy a "new" bike. Or at least you will know how much your bike is really worth from the marketplace.
Nothing worse that feeling like the dealer gave it to you hard, without lube, both coming and going. If there is lots of interest in the bike, you have more ammo for negotiations if you really want to do a trade-in scenario.
Just remember, the dealer is not only going to have to make a profit on the sale of the "new" bike on you, but he will have to buy the bike cheap from you so he can sell it to someone for the price you would have sold it to them. Hence the "coming and going" thing I described earlier.
With all respect to everyone who bought their bike new, folks have to admit the value of a new bike sinks like a stone after it is purchased. Being the second owner of a bike with less than 10K miles is a much better scenario, financially, than buying new. I bought my bike for less than 40% of what the guy who purchased it new paid for it. No scratches, bumps, nicks, or any other problems. There are lots of cream-puffs out there. Only buy an unmodified used bike with an great, documented service history. Your wallet will love you for it.
Oh, and by the way, your credit union also gives competitive loans on used bikes, so the dealer is not the only place to get financing.
Off soapbox now.
Last edited by SprungDave; Mar 18, 2012 at 08:54 PM.
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