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Author Topic: whats your bike worth  (Read 11165 times)

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CCW RIDER

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whats your bike worth
« on: April 30, 2017, 11:55:46 AM »

 Whats your bike worth. This is a warning to all bikers thinking of upgrading to a CVO. They aren't worth anything. Mine is a 2014 ultra limited with 20000 miles. Trade in value is 22000 and thats from Harley. So I have lost 20000 grand in just 3 years. Harley always bregged about resale value. I was talking to a dealer in Seattle Wa. and he the #1 worst value on trade in right now is a harley CVO.
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CHH_Badkarma

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Re: whats your bike worth
« Reply #1 on: April 30, 2017, 12:24:44 PM »

SOP for dealers to low ball the hell out of a trade in. May even be worse now with so many of last years model left unsold at many dealers
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skratch

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Re: whats your bike worth
« Reply #2 on: April 30, 2017, 01:34:38 PM »

Kelly blue book has your trade in value as 26k, with retail at 31,385.
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I understand the concept of reality, but find it too confining as a way of life

Boatman

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Re: whats your bike worth
« Reply #3 on: April 30, 2017, 02:07:51 PM »

I'm with CCW.   In Ohio, they would want my bike and at least $22K to go to a 2017.  My days of paying $40k for a new bike is over.   
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coloradotom

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Re: whats your bike worth
« Reply #4 on: April 30, 2017, 02:08:28 PM »

Kelly blue book has your trade in value as 26k, with retail at 31,385.

KBB price's aren't realistic. I have the exact bike as you and KBB says $30,700 retail but I know of 2 HD dealers that have had that bike for sale used and both were right around $24,000 and Patriot HD currently has one for $23,700.
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Boatman

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Re: whats your bike worth
« Reply #5 on: April 30, 2017, 02:10:50 PM »

KBB price's aren't realistic. I have the exact bike as you and KBB says $30,700 retail but I know of 2 HD dealers that have had that bike for sale used and both were right around $24,000 and Patriot HD currently has one for $23,700.
   

X2

Until the 16's are all gone and they lower production are bikes resale stinks. 
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coloradotom

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Re: whats your bike worth
« Reply #6 on: April 30, 2017, 02:34:48 PM »

Whats your bike worth. This is a warning to all bikers thinking of upgrading to a CVO. They aren't worth anything. Mine is a 2014 ultra limited with 20000 miles. Trade in value is 22000 and thats from Harley. So I have lost 20000 grand in just 3 years. Harley always bregged about resale value. I was talking to a dealer in Seattle Wa. and he the #1 worst value on trade in right now is a harley CVO.

I looked up yours on cycletrader and you're lucky to get $22k. I saw three of them on the first page, all from HD dealers, ranging from $23.5-$24.8 and if somebody wanted one on the cheap dream machines has one for $13.5k (w/mods) if they didn't care about a few scratches.

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Road Dad

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Re: whats your bike worth
« Reply #7 on: April 30, 2017, 03:12:14 PM »

I have the same bike and not really surprised. It's a toy  :nixweiss:

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SIKBIRD

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Re: whats your bike worth
« Reply #8 on: April 30, 2017, 03:36:52 PM »

I hate that but it's just like a cage...the only way to truly get your $ back out of it is to ride the hell out of it and keep repairing it until the cost of the repair is more than the bike is worth.  I have an 04 Nissan Titan (bought new) with 350,000 miles on the clock, my bike has nearly 50,000 on her, got 110,000 on my work car, and wife's Armada has 180,000. I hope they all keep running cause I don't plan to get rid of any of them until all the good is gone, then just give it to the tow company for reimbursement and a ride home!
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kojak

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Re: whats your bike worth
« Reply #9 on: April 30, 2017, 04:32:10 PM »

Its been that way for a while. I sold my 2013 CVO RG with just under 29k miles for $22k. But it can work in your favor too. 2 years ago, I snagged a 2010 blue cvo SG with 1200 miles on it for $19k. I guess you don't buy Harleys for what you can sell them for but for how much fun you can have with them.
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kojak
2022 CVO RGL
2022 Apex FLTRK Traded
2021 CVO Limited Bronze Armor Sold
2019 RGS Billiard Blue Traded
2017 CVO Limited Spiked Olive Traded
2016 CVO SG Stardust Traded
2013 CVO RG Atomic Orange Sold
2010 CVO SG Cobalt Sold
2007 CVO RK Blue Traded
2005 CVO EG Teal Traded
And some 20 other bikes over 45 years

J.D.

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Re: whats your bike worth
« Reply #10 on: April 30, 2017, 05:32:20 PM »

It's a buyer's market to put it mildly.
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RonandJanet

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Re: whats your bike worth
« Reply #11 on: April 30, 2017, 05:45:08 PM »

Its been that way for a while. I sold my 2013 CVO RG with just under 29k miles for $22k. But it can work in your favor too. 2 years ago, I snagged a 2010 blue cvo SG with 1200 miles on it for $19k. I guess you don't buy Harleys for what you can sell them for but for how much fun you can have with them.
 

X2 on buying them to ride!
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cahdbiker

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Re: whats your bike worth
« Reply #12 on: April 30, 2017, 07:28:53 PM »

HI CCW RIDER, I agree with your train of thought. I knew when I bought my 2009 in late 2008 that the resale would be zilch in about five years. I haven't had too many new things through out the years. A couple of cars, a nice 1972 Yamaha 650 (nice ride I think my Father was more excited about it than I was since a lot of times when I came home he was out riding it). However I am going to keep this one to the bitter end if possible. It is nine years old now. I don't know what it is worth, but if I keep it another six or seven years it still might fetch $8500.00 There is a lot of good feelings about getting something new and then taking care of it and getting a lot of enjoyment out of it. Like some of the other guys say drive it , enjoy it and then move on. Life is too short. CAHDBIKER
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2009 SEUC just south of Point Mugu Ventura County, Ca.

Twolanerider

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Re: whats your bike worth
« Reply #13 on: April 30, 2017, 10:18:55 PM »

I've never understood why we would expect high percentages of resale for a vehicle that is so significantly overpriced to begin with, that for all of the last several years has been produced beyond realistic demand, hasn't had a great reliability reputation and has competitive new product with equivalent if not advanced capability for less than we think we should get used.  The math just never worked.

We don't (or at least shouldn't) buy these things for recovery or investment.  If we can't afford them as secondary if not "toy" purchase we'd best not being buying such expensive toys.  Even when for a surprising number of years good used Harleys could be sold for at or near new cost that was a quirk of intentional lower production versus demand and a demographic that hadn't gotten bald and arthritic yet and was in its earning/spending prime.
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Toofast_28

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Re: whats your bike worth
« Reply #14 on: April 30, 2017, 10:59:31 PM »

I looked up yours on cycletrader and you're lucky to get $22k. I saw three of them on the first page, all from HD dealers, ranging from $23.5-$24.8 and if somebody wanted one on the cheap dream machines has one for $13.5k (w/mods) if they didn't care about a few scratches.

I was in Dream Machines a few weeks back because I had time to kill in Dallas.  "A few scratches" is no joke, every bike in the place looked like they'd had a fresh detail with 20 grit sand paper.  I was shocked, new, old, didn't matter, they seriously need a new detailer.
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