DR650 resale values

[rocketman1]

I amazes mes the resale value of DR650's
These Bikes are $8900 new, so heres me thinking I will get one say 3 years old (30,000Km) for $4-5K, not likely, everyone wants about $6-7 K.
thats only 2-3k loss.
Thats amazing, if you buy a $25K bike you are likely to get $15k for same age & Kms.
These 650's must have the best resale of any bike I know.

[Bikemad]

gonna sell mine in a couple of weeks...........watch this space

[R650R]

The "Buy NEW" price is an illusion, add in even basic NEEDED extras and Farkles and it soon adds up. Unless your a farmer just needing another chook chaser you'll easily drop another grand on stuff...

Advertised for sale prices are never a real indicator of what they actually sell for in the end either...

[Night Falcon]

Advertised for sale prices are never a real indicator of what they actually sell for in the end either...

the irony of it.....optimistic asking prices derived from optimistic asking prices :laugh: Supply and demand determines value not what you've spent on it.... 49 DRs on TM at the moment

[clint640]

...not to mention that they frequently get specialled off brand new at $8K :yes:

One thing to remember with DR650's is that there have been zero changes or upgrades apart from colour to the model since sometime in the late Jurassic period so year means nothing - mileage & condition is everything.

Cheers
Clint

[RogIrwin]

Supply and demand determines value not what you've spent on it.... 49 DRs on TM at the moment

I make it 9. If you restrict your search to bikes between 500 and 750cc and that are Suzuki's and used bikes you get 10 results. 9 of these are DRs. You can't count dealers selling new bikes.

[Night Falcon]

I make it 9. If you restrict your search to bikes between 500 and 750cc and that are Suzuki's and used bikes you get 10 results. 9 of these are DRs. You can't count dealers selling new bikes.

Take your point but respectfully disagree. Any DR forsale in the same market is competition in that market and is a driver that markets value....Clint's post is right on the...err...money. :cool:

Posted values are not market values - new or 2nd hand isn't as relevant in DR land. Valuation principles assume a willing buyer and seller will have looked at all reasonable (obvious) compareables (i.e. private and retail sales). Apologies for the valuation lesson I'm bit bored today.

[Crasherfromwayback]

...not to mention that they frequently get specialled off brand new at $8K :yes:



By who????

[RogIrwin]

Take your point but respectfully disagree. Any DR forsale in the same market is competition in that market and is a driver that markets value....Clint's post is right on the...err...money. :cool:

But you can get a NEW one from any Suzuki dealer for $8999 ( or there about ) plus the 9 others that are on TM right now. That gives you 10 options.

Also he is counting everything that comes up when you just search "dr650" and there are scooters and all sorts of other bikes included.

[Night Falcon]

Also he is counting everything that comes up when you just search "dr650" and there are scooters and all sorts of other bikes included.

I'll give ya that one :niceone: but my point still holds good. Each of those retailers is a deal to be had - hence they have to be included in the math. Some may not negotiate but that's irrelevant to the discussion....but if we cant agree on that lets agree that although men cant have babies, they should have the right too :banana:








....and don't discount those crazy scooters too quickly, their 3rd gears are totally reliable :scooter: :whistle:

[Bikemad]

lets agree that although men cant have babies, they should have the right too :banana :scooter: :whistle:

Loretta......?

[R650R]

the irony of it.....optimistic asking prices derived from optimistic asking prices :laugh: Supply and demand determines value not what you've spent on it....

A very good way to say it :)

[rocketman1]

OK from what I have read I will only offer $5K ish for a $6500 bike thanks for the heads up

[ducatijim]

I amazes mes the resale value of DR650's
These Bikes are $8900 new, so heres me thinking I will get one say 3 years old (30,000Km) for $4-5K, not likely, everyone wants about $6-7 K.
.

That's wot I thought too!!
Had to settle for 5.4k for my '11 with 30K km with a few 'irreversible' farkles fitted.
I only wanted about 7.5k with everything a DR ever needed.....just got ridiculed.

[clint640]

That's wot I thought too!!
Had to settle for 5.4k for my '11 with 30K km with a few 'irreversible' farkles fitted.
I only wanted about 7.5k with everything a DR ever needed.....just got ridiculed.

Only been ridden to church on Sundays too :msn-wink:


By who????

Maybe they haven't recently, but there were definitely a few years where they had them at $8K ish during the Suzuki summer specials promotion. I bet some of those dealers that still have a 2013 on the floor would be open to a bit of negotiation. To Suzuki's credit, although the technology on a DR hasn't changed for the last 10 years, neither has the base price.

Cheers
Clint

[Mike.Gayner]

Advertised for sale prices are never a real indicator of what they actually sell for in the end either...

This is the key point. People set their asking price based on other people's asking prices, which has little relationship to actual sale price. Just watch how many of these things stay listed week after week after month. Personally I HATE selling and dealing with TM idiots, so I list my vehicles etc at a fair price with a goal to sell within 2 weeks. Beats sitting around for weeks on end only to get the same price in the end anyway.

[Crasherfromwayback]

Maybe they haven't recently, but there were definitely a few years where they had them at $8K ish during the Suzuki summer specials promotion. I bet some of those dealers that still have a 2013 on the floor would be open to a bit of negotiation. To Suzuki's credit, although the technology on a DR hasn't changed for the last 10 years, neither has the base price.

Cheers
Clint

Yeah, they're bloody good buying for sure.

[ducatijim]

Only been ridden to church on Sundays too :msn-wink:



Cheers
Clint

So the church was a long wayz away? At least I went!!!!

[JayDNZ]

This is the key point. People set their asking price based on other people's asking prices, which has little relationship to actual sale price. Just watch how many of these things stay listed week after week after month. Personally I HATE selling and dealing with TM idiots, so I list my vehicles etc at a fair price with a goal to sell within 2 weeks. Beats sitting around for weeks on end only to get the same price in the end anyway.

Too true!... I've been looking for a KLR650, several 2008 models listed for $6K, with 10-20K KM... I ended up buying a brand new one because $6k is too high and I couldn't be arsed haggling someone who thinks its worth $6K because "everyone else is asking $6K".

New motor with 2 year warantee, happy!

[mossy1200]

The loss on my last 2.5year old bike with 6k was 1.5 DR650's. Still a 3 year old low/mid km bike that's good for commute/ fun and adventure is always likely worth 4k plus because of what else the similar coin can buy that's not a lot older.

When you think about it 9k new is good value compared to a lot of other bikes.

[badblackbuell]

DR650, $8995 + orc ($500ish). As an ex Suzuki salesman I know the margins and they are slim. If you find a dealer willing to gift you the orc you're doing well. My dr is an 09 model which i know from new. Loaded with farkles and 11km when i bought it at $6k. Just be patient, the deals will arise.

[badblackbuell]

Summerfest has been a free acerbis tank not a discount.

[R650R]

Too true!... I've been looking for a KLR650, several 2008 models listed for $6K, with 10-20K KM... I ended up buying a brand new one because $6k is too high and I couldn't be arsed haggling someone who thinks its worth $6K because "everyone else is asking $6K".

New motor with 2 year warantee, happy!

And worth 6K the moment you wheeled it out the door ;p :)

I did the same thing but more because piece of mind knowing its been looked after from day one, I'm pretty fastidious with overly frequent oil and filter changes etc.
I don't hold manufacturer warranties in very high regard have had several issues in past claiming stuff on new bikes. And technically you cant modify during that period and have to get it serviced by them etc....
What gets me is the price some of the older superbikes are going for. And I'm talking the slightly overweight ones just before the fireblade era... ironically my SRAd 750 is worth less lol