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CVO Technical => General CVO discussion => Topic started by: r0de_runr on November 22, 2017, 06:06:48 PM

Title: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: r0de_runr on November 22, 2017, 06:06:48 PM
Just for fun I thought I would run a worksheet on the TCO of a new 2018 CVO.

Assumptions are:
No modifications. No accessories. No nothing else.
MoCo 7/75 ESP at $3000
Serviced on time.
10,000 miles a year.
15,000 miles on a set of tires.
Tire price based on a quote I got last week at Twister City HD in Wichita KS.
Brake flush price based on what I paid this year at Pig Trail HD, Rogers AR.
SVC parts is Syn3 only in all three holes at $13/qt. No gaskets included.

I'd like this to be a living document meaning if my numbers are off please let me know and I'll plug them in.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: JCZ on November 22, 2017, 06:21:27 PM
10k miles a year is a little shy, isn't it?
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: FlaHeatWave on November 22, 2017, 06:26:41 PM
Brake Pads?? Flush Hydraulic Clutch?? $50. deductibles??
Taxes?? Plate Cost?? Insurance??
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: DesertHOG on November 22, 2017, 06:29:18 PM
10k miles a year is a little shy, isn't it?

Depends on the rider. For some the total is maybe 1.5 or 2k a year. Others turn in 25k a year. What do you tell the insurance company?

Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: r0de_runr on November 22, 2017, 11:09:59 PM
Adjustments made for hyd clutch.
Registration and property tax not included - applies to an F150 equally.
No deductibles on services, this is not for ESP warranty work, just maintenance.

I added a section for Do It Yourself and realized a $12k savings.

So go ahead and get that big bore kit, cams, pipes, and tune and do your own lifters.  You will come out ahead if you don't get the ESP, and don't take your bike in every 5k miles.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: Cat Eye on November 23, 2017, 04:42:27 AM
Nice model

need to add fuel cost
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: luca65 on November 23, 2017, 08:31:26 AM
Who cares about? It's our hobby and the satisfaction is priceless!
Cheers, Luca
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: kojak on November 23, 2017, 09:56:38 AM
If you need to run a spreadsheet on owning a Harley, don't buy one, LOL!
Who cares about? It's our hobby and the satisfaction is priceless!
Cheers, Luca
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: r0de_runr on November 23, 2017, 10:03:58 AM
bla Bla Bla ya ya ya....

I've seen many folks on here try to figure out if they should buy the ESP.  This kind of puts that into perspective.

With the new rules or enforcement of no mods on the 2018's or your warranty is kaput, this puts that into perspective as well.

Personally, I won't buy anything newer than a 2013, but I have different reasons.

Don't buy the ESP, Do your own maintenance, screw the warranty, and you'll be $12,700 ahead at the end of 7 years.  Even if you need a major repair, several times, you'll still be way ahead.

But nobody ever said anyone who pays over $45,000 for a motorcycle was really very bright in the first place. And to buy them year after year....
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: J.D. on November 23, 2017, 10:42:53 AM
I've done the same sort of thing to both track costs and budget and find it useful.

I suppose you don't need this sort of thing if you are either very wealthy or simply don't manage your money.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: muddypaws on November 23, 2017, 02:54:54 PM
You live in Texas and only 10,000 miles a year? I do 25,000 in Virginia..
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: Grizzly on November 23, 2017, 03:37:18 PM
... and in Canada not only do we pay way more for a CVO ($54k+),
with us being in kilometers (.06k vs. 1 mile) our price per mile is way more!  ;D

Just ride the heck out of it and enjoy!
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: r0de_runr on November 23, 2017, 04:11:58 PM
You live in Texas and only 10,000 miles a year? I do 25,000 in Virginia..

I was not basing on my miles, but a fair guess at an average for many riders.  I ride about 15k miles a year most years.

https://www.amazon.com/HARLEY-DAVIDSON-Harley-Davidson-Transmission-crankcase-HD63799-10/dp/B00HXT6A2I/ref=sr_1_11?ie=UTF8&qid=1511471302&sr=8-11&keywords=oil+funnel+harley
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: DesertHOG on November 24, 2017, 10:36:28 AM
... and in Canada not only do we pay way more for a CVO ($54k+),
with us being in kilometers (.06k vs. 1 mile) our price per mile is way more!  ;D

Just ride the heck out of it and enjoy!

 Is that 54K Canadian or US dollars?
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: FlaHeatWave on November 24, 2017, 12:27:39 PM
bla Bla Bla ya ya ya....

I've seen many folks on here try to figure out if they should buy the ESP.  This kind of puts that into perspective.

With the new rules or enforcement of no mods on the 2018's or your warranty is kaput, this puts that into perspective as well.

Personally, I won't buy anything newer than a 2013, but I have different reasons.

Don't buy the ESP, Do your own maintenance, screw the warranty, and you'll be $12,700 ahead at the end of 7 years.  Even if you need a major repair, several times, you'll still be way ahead.

But nobody ever said anyone who pays over $45,000 for a motorcycle was really very bright in the first place. And to buy them year after year....

Then there's that "Special Group" that get a CVO (or 2, 3 or 4) and drop another $10k to $20k even $30k+ into them  :coolblue:

Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: Grizzly on November 24, 2017, 02:22:56 PM
Is that 54K Canadian or US dollars?

That's 54k CND $
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: skratch on November 24, 2017, 06:15:26 PM
if you look at that chart, you would never buy another cvo again.  i mean, $70,000 over 7 years?  that's $10k per year.  and with your average mileage of 10,000 per year, that works out to $1 per mile.

damn depressing is what that is.  put it away.  never let me see it again.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: DesertHOG on November 24, 2017, 09:50:04 PM
That's 54k CND $

Same $42k US after conversion.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: RonandJanet on November 25, 2017, 08:30:15 AM
Good job on the spreadsheet. I like numbers myself.  I know the bikes are expensive up front. I have had some many new and used bikes but I just love to ride so I am going to spend some money on a bike that can carry my wife and I anywhere. I do most of my own work on all of my stuff (bikes, cars, boats, homes, etc.) and years ago I decided not to buy warranties to save lots of money. Generally speaking if you are going to have a problem it will show up early. I usually don't like to buy first year models but I did with my 2014.  Still all in all it has been a great bike and no real problems. I don't really like the way clutch works and I don't like that the entertainment system will just flip to weather alert and I have no way to stop it (per dealer, does anyone here know how to stop it?) but these are minor things. The bike has been great. My dealer took care of me when the right side bag flew off on the interstate even after the recall so no cost to me. I put my own lock down on them now (see other posts) so I know I am good there.   All in all, just typical maintenance costs. I replaced brake pads at 20K rather than 40K (l also ride to work in traffic).   Again thanks for sharing your work on the costs. 
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: TNCarters on November 25, 2017, 12:26:00 PM
Nice chart, just wondering if it would be more correct to use total depreciation of bike in total instead of total cost.  My 2015 RGU with 25k miles is probably costing close to the $1 a mile to own as depreciation has been high.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: Puzzled on November 25, 2017, 12:27:05 PM
bla Bla Bla ya ya ya....

I've seen many folks on here try to figure out if they should buy the ESP.  This kind of puts that into perspective.

With the new rules or enforcement of no mods on the 2018's or your warranty is kaput, this puts that into perspective as well.

Personally, I won't buy anything newer than a 2013, but I have different reasons.

Don't buy the ESP, Do your own maintenance, screw the warranty, and you'll be $12,700 ahead at the end of 7 years.  Even if you need a major repair, several times, you'll still be way ahead.

But nobody ever said anyone who pays over $45,000 for a motorcycle was really very bright in the first place. And to buy them year after year....

That is a pretty ballsy statement considering you are on a CVO forum.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: r0de_runr on November 25, 2017, 06:28:01 PM
That is a pretty ballsy statement considering you are on a CVO forum.
Sarcasm my friend, sarcasm.
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: Puzzled on November 25, 2017, 08:22:20 PM
Sarcasm my friend, sarcasm.
Gotcha....
Title: Re: 2018 CVO Total Cost of Ownership over 7 years / 75,000 miles
Post by: Billy on November 26, 2017, 02:16:38 PM
just think of how much most have paid for beer in there lives. Could probably have 2 CVO for that amount.  ;D    Billy