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Seasoned HDF Member
Joined: Apr 2012
Posts: 9,975
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From: Michigan
Just playing the "Devils Advocate" here:
Years ago, back in the days when H-D's didn't depreciate very much (if at all) it made sense to frequently sell the old and buy the new.
On all of my H-D's (from '75 to '97) I lost very little money on them, not counting parts and service.
Today, the resale on used bikes is "in the toilet" and you practically have to give a used bike away and then spend a small fortune to get a new bike, but the longer you wait and the older your current bike gets, it takes even more money to buy a new bike!
Used bikes (if they were well taken care of and looked nice) used to reach a "price floor", but these days, the folks who have a lot of money are willing to take a huge loss on their bike in order to get a new one with all the new "bells and whistles" and that's driving the price of used bikes (regardless of condition) into the ground.
Years ago, back in the days when H-D's didn't depreciate very much (if at all) it made sense to frequently sell the old and buy the new.
On all of my H-D's (from '75 to '97) I lost very little money on them, not counting parts and service.
Today, the resale on used bikes is "in the toilet" and you practically have to give a used bike away and then spend a small fortune to get a new bike, but the longer you wait and the older your current bike gets, it takes even more money to buy a new bike!
Used bikes (if they were well taken care of and looked nice) used to reach a "price floor", but these days, the folks who have a lot of money are willing to take a huge loss on their bike in order to get a new one with all the new "bells and whistles" and that's driving the price of used bikes (regardless of condition) into the ground.
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RoaringRigid
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Jul 19, 2013 03:19 PM
