Why are secondhand bikes so overpriced?

[Voltaire]

Overpriced?

I disagree as a rule. Maybe the specific bike you are looking for holds it's value well but I was searching Ducati on TM yesterday and I was shocked how cheap a low km used model is. Unsure why but if you were buying yeeee harrrrrrr.

Triumphs tend to hold their value well I have noticed.

There is some good buying out there.

There are some bargain Ducatis for under 10k, with over 150 on TM they are not exactly as rare as they once were.
The mid 90's ones are at the bottom of their curve and on the way back up.

[george formby]

Interestin. GN's & Scorpios. Big sellers, reliable, cheap to maintain, do exactly what it says on the packet. Benchmarks quite possibly. Just looking at KB n00b threads, GN's are rated highly with Scorpios a popular other style. Despite LAM's these bikes still fit a Learners requirements very well. If you have to pay $2000+ for a good one then that gives a solid indication of the bikes value for purpose. Good tools always keep their value because they just keep on doing their jobs & they can be fixed easily if they don't.
I reckon regardless of capacity, power output, purpose etc. A reasonable, road legal, ride away bike is worth $2000. Less than that then your getting lucky.

You reckon your CBR 900, 97? Is worth the same as a GN? Eek. I hope not. CBR's stay fit for purpose if loved & a good late nineties bike still has to be a lot of fun for mortals. Best of luck in your sale & purchase.

[sketch]

when i brought the ninja i trawled tm for weeks and the bike i ended up getting had been on there for ages, ended up with a mint condition lows kms bike for a good price....... patience was the key to me getting exactly what i wanted. aint no 2k gn tho, there stink......... oh shit here comes bosslady to kick me.................

[Glowerss]

Ummmm...so you what...expect a dealer to pay you the new retail price for it now it's had one owner and been used? Riiiiight. And the two GSR750's you've used as an example...are actually both used bikes mate. But here's how it works. Lets say you buy a new GSR750...for say...$13000.00. You use it...and it now has had one owner. Even if it's only done 1000km's...you yourself would not pay new bike price for it right? Else you'll just get a new one that nobody else has ridden and owned. So even at 1000 km's...it's gotta be cheaper than a new one generally by a couple of thousand dollars. The dealership wants/needs a margin in it...lets say 2k...nothing wrong with that I would've thought...so you get offered 4k less than it's new retail price if you want to trade it in. What's wrong with that?

You and I agree with each other actually, I just worded it badly I suppose! Certainly if you trade your bike in after a year of ownership, a dealership offering you $4,000 less than what you paid for it would be somewhat reasonable I'd expect. Though, probably wouldn't feel like it at the time

Guy was complaining about the price of new bikes dropping out from under you. New bikes actually hold their value fairly well in New Zealand (Unless you buy a Hyosung, those things seem to depreciate like stones). But buying a new bike and then trading it back into a dealership, it's going to feel like it depreciated bucketloads because the dealer has to make a profit.

If you bought a new bike and sold it on trademe after a year of ownership, depending on what it was you bought, I'd hazard a guess you wouldn't lose, say, half its value like it would elsewhere in the world.

[baffa]

Have worked in vehicle sales, I understand the ins and outs of buying from dealers. Dealer offered me around $2500 for my bike for the same reason Crasherfromwayback mentioned.
Its worth noting that with their overheads, they pretty much make almost nothing from the sale of most second hand bike sales anyway.
No issue with that. I was just QQing about non dealer second hand sales.

[ducatilover]

People are selfish and greedy.


The end.

[jasonu]

Are the 2nd hand bikes you talk about selling for the asking prices? If yes then that says they are not over priced and that is the market value.

[breakaway]

To be fair baffa, your bike painted in 'all black' would be a huge red flag for most buyers I'd imagine (for fear its been down the road in the past). Its also 16 years old and has a lot o' miles.

Most riders who wanted to upgrade probably don't want an old, heavy litre bike loaded with legacy technology.

Also rego for bigger bikes is 'expensive as fuck' for a lot of people.

And these factors are contributing to how much people want to pay for your bike.

[fastoyz]

ill have a 2004 gn250 ready by the weekend for $1500 if interested

[rok-the-boat]

Ducati are cheap because servicing costs a fortune. I do everything myself so wouldn't worry. Buell are cheap as they are out of production. They have their vices, but you get a lot of bike for the money. Many bikes are just overpriced though.

[Crasherfromwayback]

Lucky they didn't come over on this puppy...


https://www.youtube.com/watch?featur...&v=OltaepPy6z8

[The Pastor]

this is a cheapie
http://www.trademe.co.nz/Browse/List...x?id=620748278