Best bike for depreciation

[Tank]

Was talking about this with a mate the other night in regard to total cost of ownership - of a new bike.

Like cars some bikes drop 25% when you take them off the forecourt - others hold value well.

So - How have peoples bikes held up when buying from new?

My first new bike was a GN250 had for 2.5 months and traded for a loss of $200 on a new Boulevard M50.

The M50 I traded after 8000km for a loss of $500 onto a second handbike.

Traded that bike to a new Triumph - not selling at the moment - but they do look like they hold values well.


edit: And for the record Dean - I fucken loved my GN250 !!!!

[PirateJafa]

I'll tell ya when I buy one new.

But there's too many classic second-hand bikes to own before I down-grade to any of the new bikes made today.

Mmmmmm RC30.

[gunrunner]

Who cares .

Old Skool Biker rule #1 Just ride that god damn thing .

[Tank]

Who cares .

Plenty do. Esp younger bikers who are buying a new 250 that they may only have for a year.

[gunrunner]

Plenty do. Esp younger bikers who are buying a new 250 that they may only have for a year.

But what price can you put on getting out and doing it . :headbang:

[Tank]

But what price can you put on getting out and doing it . :headbang:

You seem to miss the point. You can still get out there doing it :headbang: whilst still having bikes that dont fall in value so fast that you cannot afford to buy another when you decide for a change.

[Reido]

yeah i was fooled (by myself) into buying a new ninja 250.. god i loved that bike but..
i lost.. 2k on it over a year >_<

[Molly]

For years the safest bet was actually a Harley. They kept production low so you'd wait up to three years for some models. That made them worth more second-hand than new. It also meant dealers could sell well above MRP and bolt on goodies to help inflate the price too. Regardless, they were a good buy from a depreciation point of view.

With some models it's still, almost, the case. I sold my Dyna Fat Bob for just under a grand less than I'd paid for it. However, the orignial owner of my present '07 Harley told me he had $37,000 in it. I got it for $22,000. Not good for him I suppose.

At the end of the day, I'd just buy the bike that floats your boat. Some are a bastard to shift when you're done (can't sell my Guzzi V11 for love nor money - second-hand, recent Guzzis offer LOTS for the money by the way).

Anyway, find something you're passionate about and keep it. That's the best rule. The more you swap and change, the more you lose. Just buy something cool and keep it.

[vifferman]

I baint never had me a noo bike. :nono:

But I'm pretty dang good at depreciating not-new bikes.

[Headbanger]

I've lost a shitload on my HD, And it was well priced when I bought it.

Still, there is a couple of factors working against me.

I've been looking at Speed Triples, I didn't think they held their price well at all, But perhaps they do in comparison to Jap bikes? There is certainly many thousands to be saved by buying a lightly used 2nd hand Speed Triple.

[awayatc]

I seem to do pretty good with cages.....actualy make money on them mostly.....

But Bikes......
If I count all the money i spend on them to keep them in good nick and the " bling".....

[ukusa]

demand & rarity obviously keep prices up. 250's are the limit for learner bikes, so there is a bigger demand there. Limited editions I suspect would also hold their value better, as would low volume sellers.
My Triumph America was 2 years old when I sold it. With extras it owed me about 19K, got just under 13K for it (private), a trade would probably have been 1 - 2K less. So a 6K loss in 2 years.

[Katman]

Chinese pit bikes.

Worthless within a week.

[RantyDave]

I've been looking at Speed Triples
There are some very tidy Speed Triples for not very many dollars at all. I think the Street did some f'off huge damage to the Speed's market....

Dave

EDIT: Ohhh shit, this must've hurt (http://www.trademe.co.nz/Trade-Me-Motors/Motorbikes/Motorbikes/Sports/auction-259472677.htm) - 5000km, probably $10k below list that's $200/hr.

[Headbanger]

You would not believe the deal on a stunning Speed Triple I was offered a few days back.


And I managed to fuck it up, But thats a whole nother story.

[CookMySock]

I'd say you have done exceptionally well to lose only that small amount of money.

Steve

[AllanB]

There are some very tidy Speed Triples for not very many dollars at all. I think the Street did some f'off huge damage to the Speed's market....

Dave

Good point Dave - $16k or so for a new Street or $22 for the Speed ........


I had a 750 Kawasaki I purchased new for $3999 in 1983 - owned it for 23 years - kept it mint and did some very tasteful mods over the years. I got 4k for it on Trademe.

Molly is right Harleys used to be money in the bank. I wonder if there will be a glut of them one day soon on the pre-loved market after the huge sales of them over the past 5 years or so. Might pick myself up a nice project donor in a decade or so :cool:

I am always surprised at the price the first of the new Triumph triples fetch - appear popular and get good dollars. Big Dave loves his.

Vespas hold their money well!

[AllanB]

EDIT: Ohhh shit, this must've hurt (http://www.trademe.co.nz/Trade-Me-Motors/Motorbikes/Motorbikes/Sports/auction-259472677.htm) - 5000km, probably $10k below list that's $200/hr.

Those chaps deal with Jap imports - chances are it's one. So they paid heaps less for it and someone in Japan did HUGE money. :spanking:

[vifferman]

[Robot Voice] You've lost the plot.
You have forgotten: motorbicycles are just expensive toys.
[/Robot Voice]

[BALZYBUELL]

hows this,buell 1125r and now you can buy new for under 14k:crybaby:

[AllanB]

hows this,buell 1125r and now you can buy new for under 14k:crybaby:


Yeah but you are now riding a modern classic :devil2:

[BALZYBUELL]

does that mean it should double in price:clap:

[Mikkel]

Was talking about this with a mate the other night in regard to total cost of ownership - of a new bike.

Like cars some bikes drop 25% when you take them off the forecourt - others hold value well.

So - How have peoples bikes held up when buying from new?

My first new bike was a GN250 had for 2.5 months and traded for a loss of $200 on a new Boulevard M50.

The M50 I traded after 8000km for a loss of $500 onto a second handbike.

So you had one handbike to begin with and then got another one? One isn't enough or do you need on for either hand? :scratch:

Jokes aside, what was the price of the GN250 and what was the price of the M50? Either way, $200 and $500 loss of value on a motorcycle is not really a lot.

A used bike should not loose as much value as a brand new on - on the other hand it's more likely to cost you more on the maintenance side of things.


edit: And for the record Dean - I fucken loved my GN250 !!!!

Which is why you went out and got a license exemption so you could get yourself a larger bike? (And yes, I would dearly have loved seeing you on a GN250. :yes:)

[Tank]

So you had one handbike to begin with and then got another one? One isn't enough or do you need on for either hand? :scratch:

What can I say - I like handbags


Jokes aside, what was the price of the GN250 and what was the price of the M50? Either way, $200 and $500 loss of value on a motorcycle is not really a lot.

$2,300 from memory on the Ginny and $10,500 for the M50 (Suzuki fiest)


Which is why you went out and got a license exemption so you could get yourself a larger bike? (And yes, I would dearly have loved seeing you on a GN250. :yes:)

Loving it and having it be suitable for me are two different things. I used to take that bike 'the long way home' more nights than not - I loved being out there on it. Something about the joys of riding your first new bike.

Having said that - I love my new toy more.

[Nat]

Best bike for depreciation: Honda cbr250rr - I bought mine for $5000, rode it around a bit and then sold it for $5000. This was a couple of years ago, but I'm sure if you had one for sale right now at $5000 you'd still sell it.

[imdying]

Looking at a new blade... from what I can see round the traps it'll lose $8000 as soon as I wheel it out the door :eek: But meh, it's only money :Punk:

[EgliHonda]

Hmmm, think I have a Vincent Black Sparrow or something out in the shed that has never been used, still in the crate from memory. Bit old now so probably has lost a bit of value...

[Juzz976]

Hmmm, think I have a Vincent Black Sparrow or something out in the shed that has never been used, still in the crate from memory. Bit old now so probably has lost a bit of value...

Sparrow? never seen one of em, sure its not a black shadow?

[Juzz976]

Hammond rode one on top gear racing an old jag and a steam train.

[AllanB]

Sparrow? never seen one of em, sure its not a black shadow?

The Sparrow is faster - the Shadow follows the Sparrow down the road.

[EgliHonda]

Sparrow? never seen one of em, sure its not a black shadow?

Pretty sure it was Sparrow, might have to check. Will mean getting the other old thing out of the way that's in front of the crate, it's a bit dusty but think it says Rough Superior or something. Might as well get rid of that too cos the chrome on the tank is a bit rusty. Have to climb over the MV something or other as well, looks like it was made in August whatever it is... Some wog bloke called Agostini used to ride it way back...

[Brian d marge]

My Enfield . bought it for 80 , market value now 150 200

but not going to sell so doesn't matter

will finish this new bike and that is it


Stephen

[Juzz976]

The Sparrow is faster - the Shadow follows the Sparrow down the road.

But every time it goes past a lamp post the shadow overtakes the sparrow

[FROSTY]

Chinese pit bikes.

Worthless within a week.
Nope--make that pitbike,quad bike,kids two wheeler outa china.

[Horse]

Will mean getting the other old thing out of the way that's in front of the crate, it's a bit dusty but think it says Rough Superior or something.

[...etc etc...]

Tell you what mate, I know what it's like having a shed filled up with junk like that, so I'll come round with the truck and clean it out for ya, can probably flick some of it off to a scrap dealer. Cos it's Xmas I'll throw in $150 and a dozen Tui for your troubles! PM me your address etc.

:)

[Stromble]

Hey Tank, Wheres the old Strom in this story....?



Was talking about this with a mate the other night in regard to total cost of ownership - of a new bike.

Like cars some bikes drop 25% when you take them off the forecourt - others hold value well.

So - How have peoples bikes held up when buying from new?

My first new bike was a GN250 had for 2.5 months and traded for a loss of $200 on a new Boulevard M50.

The M50 I traded after 8000km for a loss of $500 onto a second handbike.

Traded that bike to a new Triumph - not selling at the moment - but they do look like they hold values well.


edit: And for the record Dean - I fucken loved my GN250 !!!!

[Tank]

Hey Tank, Wheres the old Strom in this story....?

traded the Strom to buy the triumph. paid 11k? for the Strom - traded it for 9k.

Having said that I did pop a lot of miles on the puppy. :rolleyes:

[Molly]

Saw a nice pic of a new Speed Triple. See if I can find it. Hang on...

[Conquiztador]

Sorry, can't help ya.

Never had a new bike in my life.

Never lost money on any bike I sold.

[Crazy Steve]

Suzuki 1999 Tr50s $1995 New on road for 12mths.

Now they are $2,000 plus with 25,000kms on the clock and in shagged condition !

Crazy Steve.

[Crazy Steve]

Also Suzuki TL1000R new in 1998 $16995.

Now with 30kms on the clock $11500 thats not a heavy hit in 12years of ownership.

Crazy Steve.

[Dodger]

Lets see.
My Hyosung Gt50 was $6200ish when I brought it 3.5 years ago.

It's now done just over 48000km and is prob worth almost nothing. :)


Although, I did fined a way to make it look like new, it involved having a car hit me, and then replacing all the worn bits via their insurance :love: