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Author Topic: Why not to buy new  (Read 3532 times)

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bigchuck

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Why not to buy new
« on: January 01, 2018, 08:40:19 AM »

New bike deprecation
« Last Edit: January 01, 2018, 08:43:15 AM by bigchuck »
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Mano

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Re: Why not to buy new
« Reply #1 on: January 01, 2018, 08:44:35 AM »

The video is not coming up.  :nixweiss:
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bigchuck

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Re: Why not to buy new
« Reply #2 on: January 01, 2018, 08:47:44 AM »

I know. It won't let me take it down.
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bigchuck

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Re: Why not to buy new
« Reply #3 on: January 01, 2018, 08:57:15 AM »

It's on YouTube " #1 Reason not to buy a new Harley Davidson". Maybe someone can fix it for me. I'm not the best at this.
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djnaldo

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Re: Why not to buy new
« Reply #4 on: January 01, 2018, 10:17:02 AM »

This it?

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bigchuck

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Re: Why not to buy new
« Reply #5 on: January 01, 2018, 01:51:56 PM »

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muddypaws

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Re: Why not to buy new
« Reply #6 on: January 01, 2018, 02:06:52 PM »

We buy new because we can..
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Bill

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Re: Why not to buy new
« Reply #7 on: January 01, 2018, 03:09:35 PM »

No different than buying a new car. Depreciation is a way of life. I buy new because I can and like it. If I were worried bought the deprecation I would buy used and a warranty, but I'm not. I would probably buy used if I had to finance, but so far that hasn't been a problem so new it is.
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mark

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Re: Why not to buy new
« Reply #8 on: January 01, 2018, 07:43:13 PM »

No different than buying a new car. Depreciation is a way of life. I buy new because I can and like it. If I were worried bought the deprecation I would buy used and a warranty, but I'm not. I would probably buy used if I had to finance, but so far that hasn't been a problem so new it is.

Yep, the video could be used for about anything - bikes, cars, RVs, boats, etc.  Most buy new because they can get exactly what they want, no scars, marks, get a full warranty, etc.  Or, as CVODON states, "'because I can.'"
« Last Edit: January 01, 2018, 07:44:44 PM by Mark »
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Puzzled

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Re: Why not to buy new
« Reply #9 on: January 01, 2018, 07:53:54 PM »

We buy new because we can..
:beerchug: I agree.
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kevin_n

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Re: Why not to buy new
« Reply #10 on: January 01, 2018, 08:42:21 PM »

My cvo is the first new Harley I got to buy. I seen it, liked it, and knew I could afford it. The only other new thing I bought was our 2012 Silverado. I'll still buy used if I find a good deal but I never think about depretiation, don't really care about that.
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muddypaws

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Re: Why not to buy new
« Reply #11 on: January 02, 2018, 07:58:56 AM »

New 2017 F250 diesel.....
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Bill

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Re: Why not to buy new
« Reply #12 on: January 02, 2018, 09:41:58 AM »

My cvo is the first new Harley I got to buy. I seen it, liked it, and knew I could afford it. The only other new thing I bought was our 2012 Silverado. I'll still buy used if I find a good deal but I never think about depretiation, don't really care about that.
Yes sir buddy!

BigLew
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iski

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Re: Why not to buy new
« Reply #13 on: January 02, 2018, 10:20:29 AM »

We buy new because we can..

Yeah, have not financed anything in years so no interest charges.  On vehicles I buy new.   If I wanted something used, I would buy it used.  Lots of factors drive buying decisions other than money & cost.
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ultrarider123

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Re: Why not to buy new
« Reply #14 on: January 02, 2018, 10:36:42 AM »

If one is purchasing a motor vehicle as an investment instead of a necessity and/or pleasure, sumptin be wrong.  They have more money than sense.

We buy because we want....new or used
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DesertHOG

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Re: Why not to buy new
« Reply #15 on: January 02, 2018, 11:38:23 AM »

Lots of reasons to buy new and used.

My wife and I recently bought our youngest son a car. He wanted something cheap for around $2500-$3000. We decided to get him a new subcompact car for lots of reasons.

1. Cost to repair is higher on a used car versus a new car with a warranty. My son needs financial help if the car breaks down, so who knows what a used car would have cost over the next 3-5 yrs in repairs.
2. The new car has 7 airbags including a knee bag.
3. The new car gets 35 mpg average with 40+ mpg on the highway.
4. The new car model is just one step above baseline but has a ton of features - alarm, electric locks, Bluetooth, backup camera .. on and on.
5. The new car (2017) was under $14k out the door.
6. Makes us feel better that he has a new more reliable car (for now).

As was said by many, we do this because we can and we want to do it.


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iski

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Re: Why not to buy new
« Reply #16 on: January 02, 2018, 12:54:18 PM »

New 2017 F250 diesel.....

Nice ride!  Too soon for me to look, a couple of friends have 2017 F150s. Good looking trucks.
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muddypaws

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Re: Why not to buy new
« Reply #17 on: January 02, 2018, 04:08:40 PM »

I finance the truck because I get a much lower rate them my stocks are making and my company can write the loan off.
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Bill

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Re: Why not to buy new
« Reply #18 on: January 02, 2018, 08:32:12 PM »

I finance the truck because I get a much lower rate them my stocks are making and my company can write the loan off.

I bought a new F-150 Platinum in April.  With the 0.99 financing from my Credit union it would have been stupid to pull money out of my investments, which have returns of over 10% this year.

They also gave my really good money for the 06 diesel I traded on it.
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