My last corvette did not depreciate as fast as the last 3 CVO's I have owned did.
My current corvette is holding its value better then my current CVO
The fact that CVO's loose value so fast says alot about the CVO buyer. In my opinion it says that most CVO buyers are very well healed. They will buy a new CVO with all the latest updates but are less interested in buying used as it doesn't really grab there emotions the same way as a new ride does.
Used CVO's sell when they become a great value. Appealing to the Harley rider that always wanted a CVO but could not justify.
The result of these forces, significant depreciation.
Harley feeds this trend by making upgrades or changes one or two areas at a time. Unlike many competitors that come out with a significant change, leaving very small changes for years.
As a example, the 14 Rushmore was marketed as the biggest improvement, number of changes in Harleys history. The bike every Harley rider would wish for. In 17 the Rushmore was old news, the system for water cooled heads completly changed, along with the new M8. Value of 14 to 16 Harley's drop like a rock. 3 years after buying a 14 my dealer didn't really want it unless I bought another new one. No more new ones for me. Once upon a time Harleys were about more than just $$$. Not anymore!
Sorry, again, for the long rant.
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