Keep or trade in?

[Richard]

Hi
I am getting a new Suzuki 1250 early next year.

It has been 20 yrs since I was buying brand new bikes and back then we would buy the newest model and run around on it for a year
then trade it in on the next years model.

It seemed to work well. You got a year of trouble free riding and at the end of 12 months you would trade in the bike.

The price you got plus about another $1500 got you the new years model.

So you could do this year after year.

What is the go these days?

Keep the new bike until the 2 year warranty runs out then trade in on the next years model ?

Or do it yearly ?

Or keep for longer?

Thanks
Richard

[Ender EnZed]

You'll lose at least 1500 trading it in later the same day as you buy it.

[BigAl]

These days I'd think you would lose >4k after just one year for a low k, good condition trade.

[Maha]

These days I'd think you would lose >4k after just one year for a low k, good condition trade.

I sold my 1 year old 1250 FA for $10K, paid $17K for it.

[sidecar bob]

I sold my 1 year old 1250 FA for $10K, paid $17K for it.

Why did you do that, buy a new bike for only a year & take such a bath on it?

[Gremlin]

I don't buy new unless I really have to. Let some other dude take all that new depreciation...

I've bought 1 out of 5 bikes I've owned so far, new. Simply because it was a new model that year, and I didn't like the previous years model. Bought for 24k from memory, 27 months later traded it for 7-8k I think. Ok, so there could have been something about it having 63,000km on it, but I doubt it counts for much

[Maha]

Why did you do that, buy a new bike for only a year & take such a bath on it?

Circumstances, bought the bike, six months later we sold up to take full advantage of a new life/career direction, which, unfortunately meant that ride time out of the question. The bike was too good to just sit and gather dust, $10K meant a fast sale.

On the market early next year for a quality touring bike that will (potentially) see us travel the country from time to time.

[mossy1200]

Had mine 2 years owes me 32grand and its likely worth 14k trade in.

[98tls]

Had mine 2 years owes me 32grand and its likely worth 14k trade in.

Amateur...reckon i can beat that easy.Got to age and just couldnt for the life of me find a reason to buy another new bike,was i going to ride any quicker?No,was it going to be more comfortable?who cares.

[mossy1200]

Got to age and just couldnt for the life of me find a reason to buy another new bike.

My wife got to a stage where she shrugs her shoulders and doesn't really care anymore.

[caspernz]

Haha, yeah once upon a time trading in for new yearly myself here. Nowadays more like 3/4/5 years before doing the trade for new thing. Each to their own I suppose, depends largely on your financial health me thinks...

[98tls]

My wife got to a stage where she shrugs her shoulders and doesn't really care anymore.

I can understand that....

[98tls]

Haha, yeah once upon a time trading in for new yearly myself here. Nowadays more like 3/4/5 years before doing the trade for new thing. Each to their own I suppose, depends largely on your financial health me thinks...

As you say each to there own but for me personally way back when i bought the TL i simply thought fuck it partys over,kept handing over cash for what? some other cunts idea of the bike to have,annoying thing was it was no different than the other 500 of em you would see when out for even a short jaunt.

[Ulsterkiwi]

I picked up my FA when it was about 5 months old. The original owner took a $$$ hit I reckon, saves me doing it. I have spent a bit of money getting it right for me. Have plans for a few more bits and bobs so I reckon theft or some kind of major accident aside I am looking at keeping her for 5 years to get some enjoyment out of the mods. A vehicle of any sort is a liability, it will always cost money (unless you have a classic) so its how to get some value for that expense. Value is in my estimation a very subjective concept.
I think the best way to think about it is if you have the coin and you want to change then do so, just accept its always going to cost the coin.

[Tazz]

$1500 20 years ago would have been a fair chunk of change wouldn't it? What was the average price you were paying for the bikes?