Depreciation

[FEINT]

Anybody here knows how much a bike depreciates every year?

Lets say a 2005 kawasaki zx6r on the road brand spanking new $15,500.

how much would it be worth in 1 year , 2 years, 3 years so on and so forth (assuming no chrashes, drops etc and average amount of KM).

Cars are about 20% + .. depending on models, just wondering what to expect out of motorcycles. I would assume better than cars?

Thanks alot.

[madboy]

I just paid the best part of $11,700 for an 02 ZX636R with 7500 on the clock. But then price wasn't exactly a specific concern for me...

[wkid_one]

The reason you get so much depreciation on a bike is the fact they operate on a 2 year new model policy. Essentially each two years they bring out a new model (usually with ground up new design).....and in the intervening years, they bring out face lift models. With all these 'new' models - your value drops significantly - esp if the new models are a vast departure from previous (ie USD's, Uderseat Exhausts etc).

The manus ply on fashion and much as they do function - ask any dealer who still has 2003 GSXR's how much they are worth.

Depending on the bike model - you can lose considerable money if you buy a face lift bike with a new model coming out the next year.

Take 1998-1999 R1's for example - absolutely hated for their violent front ends - they fixed this 2000+ - suddenly no one wanted 1998-1999 R1's.

Exactly the same problem is experienced in performance cars like the EVO's and WRX's where new models come out just about annually - as every one wants the latest and greatest for wank value - previous model devalue quicker than normal.

The old addage with cars is to buy one that is a normal car and appeals to the mass market as this is more likely to retain better resale than niche cars. Same applies for bikes. Buy a CBR600RR or R1 and expect higher depreciation.

[riffer]

and this is the reason Harley's hold their value more than any other bike?

[bugjuice]

and this is the reason Harley's hold their value more than any other bike?

cos the ones they built 30 years ago still look the same as now? :spudwhat:

[PSYCHO]

cos the ones they built 30 years ago still look the same as now? :spudwhat:

Yep, coz they're the same ol shit.

[wkid_one]

Also helped by NZ have such a shit selection and by people who buy them typically liking 'classics' and being in search of a certain style

[Rainbow Wizard]

Also helped by NZ have such a shit selection and by people who buy them typically liking 'classics' and being in search of a certain style

Just look at the prices of 80s to mid 90s bikes, some of them sell at prices not that far below original retail despite their age and the ks put on them. It depends on their reliability, general condition, and rarity (read demand). My advice is to buy a quality machine, well engineered & designed, one likely to be reliable and long lasting, and suited to YOU and your riding style. That way you won't feel the need to change it and do dosh, and if you do sell it then your losses will be lessened. Realistically it's the repeated changing of your bike that dumps the dollars, do it less frequently and it's much less of an issue.

My decision to buy le Voxan was based on these principles and the only thing I lament is that it's not a shaft drive, but at least I have the NTV as well. Both are very robust bikes (completely different characters) and likely to hold their value.

[scumdog]

and this is the reason Harley's hold their value more than any other bike?

Yup, H-Ds APPRECIATE instead of depreciate, good eh?

[Sniper]

CBR250RR's I believe hold their value quite well. Might have something to do with still being a 4 cylinder 250. Correct me if Im wrong

[bugjuice]

think you're right..
250s are the highest cc'd bike you can ride from your loonies to your fullies, so they're in a little more demand. Most 250s are 'well' priced. I've seen early to mid 90 CBRs go for $6k+ at dealers.. Can't be that much more new..?? But people want the biggest their license will allow, so they do.. Plus CBRs rock..

[pyrocam]

premium wise:
exactly 13% per annum (thats the industry average)

from my under-cover operative in the system

[vifferman]

I'd heard from an American who bought the same model Harley here that he had in the US, that they're actually considerably cheaper here. Subsidised or summat.

[scumdog]

I'd heard from an American who bought the same model Harley here that he had in the US, that they're actually considerably cheaper here. Subsidised or summat.

I found the same thing, I was looking at H-Ds in Arizona when I suddenly realised that for the US price I could fly to NZ, have a holiday, buy a springer like the one I was looking at and fly back again.

I asked the dealer "wassup" and he said "uh-uh, ya caint' bah a bran new Hurley overseas an bring it back to the US of A, there's controls to pree-vent that kinda thing".