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Author Topic: trading bikes  (Read 3540 times)

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trwtow

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trading bikes
« on: December 21, 2011, 09:53:19 PM »

seen a red 2012 sesg today at local dealer wow beautiful i want it. so dealer prices her up for me msrp plus freight prep tax doc fee etc 35800  still not turned off so i tell him about my trade 2010 sesg blue chopped tour pak exhaust etc etc etc. 3000 miles perfect condition well 22000 trade in price think im a little turned off. anyone know what my bike could sell for im thinkin 25 to 27 am i close   thanks terry    sidenote computer crashed lost all my piks but heres one when im loadin it my pkup to go to tenesee
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trwtow

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Re: trading bikes
« Reply #1 on: December 21, 2011, 09:54:39 PM »

2
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HD4CPA

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Re: trading bikes
« Reply #2 on: December 21, 2011, 10:52:33 PM »

Realistic $25k if lucky
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MAT

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Re: trading bikes
« Reply #3 on: December 21, 2011, 11:11:15 PM »

At least $25,000   :2vrolijk_21:
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JCZ

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Re: trading bikes
« Reply #4 on: December 21, 2011, 11:13:07 PM »

Looking at the other 2010 and 2011 SESGs that have sold on this forum in the past few weeks......listed at $25k.  But who knows what the seller has been accepting. :nixweiss:
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mark

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Re: trading bikes
« Reply #5 on: December 22, 2011, 10:15:54 AM »

KBB shows trade-in value about $23,800.  Not sure if the tour pack is going to add much on a trade.  I doubt if the dealer is going to give you $25k...that's probably what they'll hope to sell it for.

Good luck.         
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erniezap

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Re: trading bikes
« Reply #6 on: December 22, 2011, 10:22:16 AM »

Salem HD gave me an extra $1,000 for my tour pak on my 04 SEEG when I traded it in.
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MAT

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Re: trading bikes
« Reply #7 on: December 22, 2011, 10:28:38 AM »

KBB shows trade-in value about $23,800.  Not sure if the tour pack is going to add much on a trade.  I doubt if the dealer is going to give you $25k...that's probably what they'll hope to sell it for.

Good luck.         


I believe his question was how much his bike could sell for, NOT what he can get from the stealer.
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dlaws01

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Re: trading bikes
« Reply #8 on: December 22, 2011, 01:31:29 PM »

It's almost always better for you to sell your bike to an individual through the newspaper, internet, word of mouth, etc. than trading it in to the stealer. This is true for most all vehicles, especially motorcycles.  The stealer is not out to do you any favors.  Sell it and take the cash and then go make your best deal. Just my opinion.
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Rio

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Re: trading bikes
« Reply #9 on: December 22, 2011, 01:37:13 PM »

Blue is uncommon color based on what's on the market.  Put it on the site and try to get $25/$26.  $22k is too low for the color & miles......just thinking?
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Re: trading bikes
« Reply #10 on: December 22, 2011, 02:24:39 PM »


As best I can tell from checking a few industry sources, average trade-in value will be in the $22-23k neighborhood, not including the value of any add-ons, and retail around $28-29k.  The days of getting what you paid, or anywhere close, when you trade in your Harley are just a distant memory.  These days your Harley depreciates the moment you sign the contract, just like other vehicles.  It's something to think about if you're the type to tire of a vehicle quickly.  Paying premium prices for stuff that depreciates is not a highly recommended practice, especially if you plan to trade every year or two.

You don't mention if there are any other dealers you could work with, but if there are I would suggest getting some numbers from them.  And in the current economy and motorcycle market I wouldn't even consider paying a penny over MSRP for a new bike.  Tell them to take the bogus "extra profit" charges like prep and other fees and put them where the sun don't shine.  If the dealer doesn't want to give you a decent price for your add-ons, take them off and put the bike back to stock.  You can use the parts on the new bike, or sell them on ebay, or whatever.  I'd much rather give them away to a friend or acquaintance versus letting a dealer have them for nothing.  Btw, as noted by others you will be better served financially if you sell your bike privately versus trading it in.  If you split the difference between average trade-in and retail  and use that as your minimum private sale price, you'd be looking at around $26k plus whatever a private customer would be willing to pay for the Tour Pak and other extras.  Another question to ask yourself is how much is it worth to you to not have to deal with selling the bike.  Trading it in is definitely more convenient, but you pay for that convenience.  Nothing a dealer does is out of the goodness of his heart, he is in business to turn as much of a profit as he can.  For some of us it is worth something to not have to get involved with private sales and possibly unscrupulous people or scams, but for others who buy and sell stuff all the time the private sale idea can be well worth the extra time and effort.

What's so special about a 2012 that makes you want to get rid of a very low mileage 2010 that you've already customized to your liking?  If it's the audio stuff, you can add that sort of thing to your 2010 for one hell of a lot less than the $12k plus you stand to lose on a trade with that dealer.


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Rio

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Re: trading bikes
« Reply #11 on: December 22, 2011, 02:52:20 PM »

The market is incredibly soft right now.  I bought a bike off this site before Thanksgiving and I picked it up on December 3rd.  If I hadn't, I would have certainly purchase something else by now because there are some incredible deals.  I would have paid $25k for your bike with $3,000 miles in Concord Blue without thinking twice!  Be patient unless money isn't important to you.  Typically things pick up by the end of January.
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mark

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Re: trading bikes
« Reply #12 on: December 22, 2011, 03:28:07 PM »


I believe his question was how much his bike could sell for, NOT what he can get from the stealer.

I thought he was looking for a negotiation starting point on his trade-in.  Working out the math, if the dealer would give the KBB trade-in value, one may come out better than selling straight out to a third party for 25K.  Not sure what the state sales  tax is, but let's say 9%....if I worked this out correctly, it would cost less to trade-in than to sell the SESG yourself and then have to pay sales tax on the entire sale...plus you avoid the hassle of selling it yourself. 

It may just be me, but I detest having to sell anything to the general public.   
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trwtow

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Re: trading bikes
« Reply #13 on: December 22, 2011, 03:53:00 PM »

thanks for the replies. sure do like that new red bike. but i dont think their givin me any deal on the price of the new one and surely not gonna sell mine that short. ill just wait this type of thing always works itself out. happy holidays terry
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04 cvo duece blue sold
06 electaglide classic sold
10 sesg concorde sold
12 sesg ruby sold
17 sesg orange sold
19 cvo roadglide mako
and washboy for wifes softail deluxe

Robmay

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Re: trading bikes
« Reply #14 on: December 22, 2011, 04:46:25 PM »

I would definitely consider the savings on the taxes at the dealer on the trade in value as Mark mentioned. Plus, I would keep the tour pack and anything else that wasn't stock and sell it here or on ebay. If you could get them to bump your trade up a grand you would come out ahead of a 25k sale on the street.

23k x 6%= $1,380.00 which makes it the same as a $24,380.00 sale on the street. Then you sell your TP and any other little goodies you might have and you are better than 25k.

If it were me and I wanted that red, I would tell em 23k and I'll leave all the stuff on it! But then that's probably why I don't have any money... :drink:
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