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Old Aug 20, 2008 | 07:57 PM
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Default Used Motorcycle Value

Does anyone think we will see used values going up because of the production cut for the 2009 models? Are we going to see dealers floors loaded with 2009s? My local dealer has a TON of new 08 bikes left.

Frank
 
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Old Aug 20, 2008 | 07:58 PM
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I doubt we'll see values rise. With the poor economy demand has dropped.
 
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Old Aug 20, 2008 | 08:05 PM
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The economy is horrible right now. I have been trying to sell the bike in my signature for a while now and no one is even making offers on it.
 
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Old Aug 20, 2008 | 08:15 PM
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I doubt it. Way too many bikes of all types for sale out there.
 
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Old Aug 20, 2008 | 08:19 PM
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Definetly down. Why? Because I own one and I never make money on nuthin!
 
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Old Aug 20, 2008 | 08:22 PM
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Sellers have to be realistic, in their pricing. Mileage and color are huge. Accessories don't mean beans. No one is going to pay $15,000 for your '06 Road King, when they can buy a brand new '09 for a couple of grand more......with a full warranty. Things change once the pricing goes below $9,000, as they seem to hold in that 5-6k range for years. So here's the deal: Ride your bike for 7-8 years, put 60-70k on it, and sell it for $7,000.
 
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Old Aug 20, 2008 | 08:37 PM
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NOPE - Market is lean right now... If anything it will be lower... Harley's just don't hold the resale value anymore.. It's a SELLERS MARKET right now and the way it looks it will be for many moons to come.

Kind of hard to tell a guy\gal that there HD that they invested $40,000.00 in over the last 5 years is only worth $9,000.00. (or so)
 
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Old Aug 20, 2008 | 08:38 PM
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Originally Posted by xcelr8
Sellers have to be realistic, in their pricing. Mileage and color are huge. Accessories don't mean beans. No one is going to pay $15,000 for your '06 Road King, when they can buy a brand new '09 for a couple of grand more......with a full warranty. Things change once the pricing goes below $9,000, as they seem to hold in that 5-6k range for years. So here's the deal: Ride your bike for 7-8 years, put 60-70k on it, and sell it for $7,000.
+1

Ride it and enjoy it. We are long past the days of making money on used bikes.
 
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Old Aug 20, 2008 | 08:41 PM
  #9  
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It is a GREAT time to pick up used bikes !!!! If I had some spare cash I'd by another one just for fun
 
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Old Aug 20, 2008 | 08:42 PM
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I don't foresee used prices rising either
 
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