Also our dollar is better than a few years ago and new Harleys are more affordable. Combine this with people trying to sell their bike at a figure to close to new price at todays dollar and also the average Harley owner who can afford 25k plus can afford 35k plus for a new one.
I have evolved as a KB member.Now nothing I say should be taken seriously.
IMO it is the same with EVERY bike on TM. When I've been trying to sell bikes I've been stunned at what people are expecting to get for their reasonably late model, but nonetheless 2nd-hand motorcycles.
A quick rule of thumb:
Your bike loses 20% of it's purchase value the moment you roll it over the threshold of the bike shop.
It loses 10% there on, per year.
Then it will stabilise for 5 years.
Thus a $10,000 bike is worth $8,000 the moment you buy it and after 5 years is worth $4723.92 at best. Any stuff you add to it is WORTH NOTHING. The Ohlins shock, the pack rack, the tank protector, AND the Renthal bars. The anodised bolts and bar ends probably reduce the value and consumables like tyres and chains will make your bike more saleable IF they are brand new, but you can't add how much it cost you to put them on the bike to the sale price BECAUSE YOU WORE THEM OUT. YOUR PROBLEM.
I saw my old 1125CR on TM for $10k after it had been bodged and re-registered. It was a mess. I can't believe someone bought it. Likewise I saw the Z750 on TM after it had been written off by the owner after me, on TM for $7,500 with more than 40,000kms on it. It didn't sell. It was worth $4,500 MAX.
One way to make motorcycling in NZ more attractive would be to stimulate it by selling 2nd-hand motorcycles at reasonable prices not the over-inflated bollocks the dealer and private market foist on us. Looking at UK and US 2nd-hand prices just about makes me cry.
If a man is alone in the woods and there isn't a woke Hollywood around to call him racist, is he still white?
In the end the market will decide.
True that, I bought a car many years ago with the worlds smallest for sale sign on it hiding down a back street. The wife was happy that it finally sold, and the guy who had owned it for 13 years was a sad sight, particularly when his beached whale of a wife took the cash and stuffed it in her handbag.
Riding cheap crappy old bikes badly since 1987
Tagorama maps: Transalpers map first 100 tags..................Map of tags 101-200......................Latest map, tag # 201-->
Frankly... I'd like to own a new bike from a shop floor, for once.
Something with disc brakes front and back.
And a long stretch for the legs.
Find out more at www.unluckyones.co.nz
Each to their own but I'm the opposite, I bought a Ducati off a dealer for 10K and 3 years later could not get 6.6....swapped it for a Thruxton which I sold for over 7K.... now running around on a 30 year old BMW every day I got for $1100.00.
I would never buy a late model bike again...especially from a shop. I've got two other old bikes and they are going up in value....that I like.
My favourite Harley TM add is :
1972 and 60K...![]()
http://www.trademe.co.nz/motors/moto...-506806197.htm
DeMyer's Laws - an argument that consists primarily of rambling quotes isn't worth bothering with.
Trademe - NZ's biggest parking lot. That's what it is known as in the industry.
If you're serious about selling list your bike at a price that makes it the best deal currently on the market. If you're continually the 2nd best deal to every buyer interested in that model/year then you'll never sell it.
And yes, the more customised it is then the less it's worth, nobody else has your tastes in bikes.
Go soothingly on the grease mud, as there lurks the skid demon
My Harley sat on trade me for 1 month, with about 20 watchers. I got bored with that and took it to a Honda shop on a Saturday, and they sold it on the Monday.
I think that has something to do with it. spending 10k or more on a vehicle in a private sale means its buyer beware, and its your problem if anything happens to it a week or a month later.
The consumer guarantees act and various other legislation provides buyers with a degree of safety, not a solid guarantee, but a safety net, when buying from a shop. I think people are hesitant to spend that kind of coin without some sort of a safety net, I know for sure I am. The other thing too of course, is that not a lot of people actually have 10k or more in the bank to just buy a large dollar item outright - Im sure some people do, but they'd be the minority, and people find it much easier to sort out finance when buying through a shop as opposed to a private sale where they would have to do a fair amount of leg work in order to secure finance themselves.
shop = premium price, but simplicity of purchase with some assurances vs private sale = hard to secure finance and zero safety net.
http://www.trademe.co.nz/motors/moto...-302675458.htm
Hold me back!!
It also does not cover items won through bidding in an auction.
BUT... it does cover items on auction that are purchased with an immediate Buy Now.
Does this applies to personal sales... probably not. I haven't done research past that.
But it IS worth knowing that retailers that only sell through Trademe are subject to CGA. Some put items on "discount" and stipulate they do not come with a warranty (as opposed to the more expensive, identical items that they say DO come with one). However, this "no warranty" items are covered by the CGA if you purchase it with buy now.
It also applies to retail shops. Jansen (apparently "Pro Audio") up in Auckland tried to sell me a digital mixing desk for "well below it's value". They said it all works fine as a normal desk, but they did not know if the firewire in/out bus worked - and that it would come with no warranty.
I requested they test it. They said they had no computers with firewire. I offered to pay for the item plus postage, so that I could test it and keep it if it worked. They didn't want to do that. I asked what was the problem; they'd have their money if it worked. They said there's no warranty, so I can't return it if it doesn't work. I pointed out that they are a retail shop, selling me one of their products and warranty or no warranty they have advertised it as new to me at a low price - and that I'd be covered by CGA regardless of their lack warranty.
Jansen suddenly didn't have it for sale for me.
Find out more at www.unluckyones.co.nz
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks