Facing a conundrum
Seasoned HDF Member
Joined: Oct 2012
Posts: 13,092
Likes: 13,025
From: Texas, USA
So today I find myself a newly single man. I have a 16 SG Standard turned into special that is paid off. It has just under 17k miles. I bought an 18 SG Special in October for the now former ole lady. It only has less than 800 miles on it. That is obviously no where near paid off.
I love my SG and I have been working to get it where I have wanted it. Still a long way to go of course.
I will not ride the bike that she was riding.
Should I try to privately sell the 18 SG and lose who knows how much money while still making payments until it sells knowing that it could be a while? Why by this one used when I can buy that one new...
Should I trade in the 16 AND the 18 SG and get myself an 18 RG? Again, who knows how much money I will lose on that!
Should I wait this out until the 2019 models come out? Try to privately sell the 18 SG in the meantime?
I welcome suggestions and input, especially if you have been in this situation.
I love my SG and I have been working to get it where I have wanted it. Still a long way to go of course.
I will not ride the bike that she was riding.
Should I try to privately sell the 18 SG and lose who knows how much money while still making payments until it sells knowing that it could be a while? Why by this one used when I can buy that one new...
Should I trade in the 16 AND the 18 SG and get myself an 18 RG? Again, who knows how much money I will lose on that!
Should I wait this out until the 2019 models come out? Try to privately sell the 18 SG in the meantime?
I welcome suggestions and input, especially if you have been in this situation.
Sell it privately or sell it to a dealer. No matter how you look at it you're losing money. Waiting won't make it any easier. A tube of KY may, though. Sell it and be done with it. People will buy yours versus a new one because yours will be priced lower. Unless, of course, you are one of those owners that believe it is worth twice it's actual value.
It doesn't matter what colors they offer in the '19 model year. You can have a bike painted any color you want.
Elite HDF Member
Joined: Jul 2007
Posts: 3,903
Likes: 1,122
From: 48.067222,12.863611
This is the way I look at it... price it to sell. Every month you try selling at the price you "want" which is going to be more than you'll get, you'll bleed $600 a month trying to sell it. Waiting 4-6 months to get the price you want, but won't, will have cost you $2400-3600 extra anyway. Might as well price it that much under NADA/KBB anyway. Or close to it.
Price it right and move it ASAP if you have no intention to keep it.
Price it right and move it ASAP if you have no intention to keep it.
Thread Starter
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Cruiser
Joined: Jun 2016
Posts: 165
Likes: 15
From: Kentucky
Wow. Good to know.... Thank you.
Thread Starter
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Cruiser
Joined: Jun 2016
Posts: 165
Likes: 15
From: Kentucky
Sell it privately or sell it to a dealer. No matter how you look at it you're losing money. Waiting won't make it any easier. A tube of KY may, though. Sell it and be done with it. People will buy yours versus a new one because yours will be priced lower. Unless, of course, you are one of those owners that believe it is worth twice it's actual value.
It doesn't matter what colors they offer in the '19 model year. You can have a bike painted any color you want.
I agree that paint can be changed. But that is a hefty tag on it.
MSRP for new is $28,999. Would $27k be reasonable?
Thread Starter
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Cruiser
Joined: Jun 2016
Posts: 165
Likes: 15
From: Kentucky
This is the way I look at it... price it to sell. Every month you try selling at the price you "want" which is going to be more than you'll get, you'll bleed $600 a month trying to sell it. Waiting 4-6 months to get the price you want, but won't, will have cost you $2400-3600 extra anyway. Might as well price it that much under NADA/KBB anyway. Or close to it.
Price it right and move it ASAP if you have no intention to keep it.
Price it right and move it ASAP if you have no intention to keep it.
So $25-$26 k for the bike would be reasonable you think?
Road Master
Joined: Sep 2014
Posts: 762
Likes: 435
From: NE Oklahoma
Sell it. List it - as mentioned - to sell quickly. Making payments while waiting for the right time and price while bleeding cash is an emotional choice.
Take the loss. Sorry about your situation though. Good luck!
Take the loss. Sorry about your situation though. Good luck!
Club Member
Joined: Oct 2016
Posts: 4,540
Likes: 5,865
From: Syracuse NY
And unless the ex was the love of your life, let me congratulate you on your freedom to ride anything and anyone at anytime.
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