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Author Topic: 2020  (Read 6151 times)

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ultrafxr

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Re: 2020
« Reply #15 on: September 20, 2019, 10:09:58 PM »

HD missed a very good opportunity with this CVO Trike.  Paint/graphics so-so & they leave off items that have been standard equipment on CVO bikes as icing on their cake.  Bean counters running the company & marketing is asleep at the switch.

Definitely.  And the photos that Neal posted clearly show two antennas - one for AM/FM and the other for CB.  But the CVO Tri-Glide I saw had only one antenna.  Now I know some folks don't like and don't use the CB but for the riding group(s) I'm involved with the CB is a definite must have.  We use it and it is a great riding and safety aid.  Bummer that they omitted it and the Sirius XM radio for sure and for that price point.  Just insane imo.
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Grizzly

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Re: 2020
« Reply #16 on: September 20, 2019, 11:25:26 PM »

$73K in Australia  ??? Brand new V8 Mustang convertible goes for $82K. I'd take the Mustang over the Trike $73K is ridiculous.

Heck, I recently purchased a 2014 SL550 with only 20K on the dial for less money then they want for the CVO Trike in Canada - $60,000.

The car is a dream to drive and no helmet head when I get out!   ;D
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scottt

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Re: 2020
« Reply #17 on: September 21, 2019, 11:33:41 AM »

Let me think....a 2020 CVO trike for 50k or a 2020 Corvette  for 60k? Think I'd spend the extra and buy the Corvette. No comparison!

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Rooster

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Re: 2020
« Reply #18 on: September 22, 2019, 09:55:26 AM »

I doubt the Corvette will depreciate as fast as the bike. :nixweiss:
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scottt

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Re: 2020
« Reply #19 on: September 22, 2019, 10:58:33 AM »

I doubt the Corvette will depreciate as fast as the bike. :nixweiss:
Absolutely true!

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dayne66

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Re: 2020
« Reply #20 on: September 22, 2019, 01:16:36 PM »

Starting at $60K cdn and the TP looks like an afterthought on the dark bike
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FLSTFI Dave

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Re: 2020
« Reply #21 on: September 22, 2019, 08:32:50 PM »

I doubt the Corvette will depreciate as fast as the bike. :nixweiss:
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
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scottt

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Re: 2020
« Reply #22 on: September 22, 2019, 10:18:57 PM »

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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FLSTFI Dave

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Re: 2020
« Reply #23 on: September 23, 2019, 08:52:25 PM »

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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This was not always true.  My09 CVO Road Glide did a very good job of holding its value.  Rode it three years, 47K miles.  Purchased it for 31,000 and got 26,000 in trade for my 12 CVO Road Glide.  My 12 CVO Road Glide was 31,000.  I put 46,000 miles on it in 2.5 years, and got 27K for it in Trade. 

The 15 CVO Road Glide Ultra Was 39,000.  Two years later with 44K miles it was only worth 32 in Trade. 

The newer 17.and 18 CVO's are taking an even worse beating.

I started buying CVO in 09 due to high resale.  I put miles on a bike, and did not need to add to the bike to ride it two to three years, then trade.  You get nothing for things you add on trade. 

Not sure I will continue the CVO route with these faster deprecation rates, they are not holding value like they use to.  Price has gone up 10K in 10 years, while removing more and more from the bike.
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2019 FLTRXSE Red Pepper / Magnetic Gray
2018 FLTRXSE Gunship Gray  Traded
2017 FLHXSE  Starfire Black / Atomic Red  Traded
2015 FLTRUSE Abyss Blue / Crushed Saphire Traded
2013 FLHRSE5 Diamond Dust 117 Cylinders  Heads By HD Street performance, Comp 11.4,TW-9B-6 cam, 55 HPI tb, 5.3 injectors, woods Alpha directional lifters, Fullsac "D" pipe and 2.25 cores, TTS Tuner
2012 FLTRXSE White Gold Pearl / Starfire Black  Traded
2009 FLTRSE3 Silver/Titanium  Traded
2003 Fatboy, real fire paint set, 95"

scottt

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Re: 2020
« Reply #24 on: September 23, 2019, 10:26:04 PM »

This was not always true.  My09 CVO Road Glide did a very good job of holding its value.  Rode it three years, 47K miles.  Purchased it for 31,000 and got 26,000 in trade for my 12 CVO Road Glide.  My 12 CVO Road Glide was 31,000.  I put 46,000 miles on it in 2.5 years, and got 27K for it in Trade. 

The 15 CVO Road Glide Ultra Was 39,000.  Two years later with 44K miles it was only worth 32 in Trade. 

The newer 17.and 18 CVO's are taking an even worse beating.

I started buying CVO in 09 due to high resale.  I put miles on a bike, and did not need to add to the bike to ride it two to three years, then trade.  You get nothing for things you add on trade. 

Not sure I will continue the CVO route with these faster deprecation rates, they are not holding value like they use to.  Price has gone up 10K in 10 years, while removing more and more from the bike.
It's hard to factor depreciation when you trade in on a new machine. Dealers can overpay for a trade using profit from the new rig.

The only way to know true depreciation is to sell the bike outright on a retail or wholesale basis.

Check out the retail prices on rumbleon.com then figure 2 or 3 grand less is what they paid. Kind of a rude awakening.

Another way to know the true value is to ask your HD what they would pay for your bike outright. Some dealers won't even make an offer.

Frankly, it's not just Harley. The entire used motorcycle market is in a slump. It's a buyers market. CVO'S drop more partly because they have more room to drop. Anyone buying a new $45k CVO will loose 20k within 3 to 4 years. Holding around 12K in value at 8 to 10 years. Then it's about condition more than anything along with how outdated it has become.

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scottt

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Re: 2020
« Reply #25 on: September 23, 2019, 10:33:40 PM »

Example on Rumbleon.com

2016 CVO Road Glide Ultra with only 4,800 miles is $24,888. Figure they paid around $22,000 for the bike.

They have a large selection of CVO'S with low miles and cheap.

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amigo Jorge

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Re: 2020
« Reply #26 on: September 25, 2019, 03:39:06 PM »

Hello old amigos...… I am back!!
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Jock

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Re: 2020
« Reply #27 on: September 25, 2019, 09:19:17 PM »

Hello old amigos...… I am back!!

It's great to see ya back mi amigo!

 :)
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iski

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Re: 2020
« Reply #28 on: September 27, 2019, 04:08:50 AM »

Ride safe mi amigo!  :2vrolijk_21:
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bigC

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Re: 2020
« Reply #29 on: September 28, 2019, 03:26:59 PM »

Saw it today at Smith Brothers H-D in Johnson City, TN.  Demo truck is here for the H.O.G. rally.  It was slightly overcast so no direct sun on the paint but it didn't impress me at all.  And the graphics definitely do not pop.  Oh and no CB or Sirius XM  . . . and for only $50k (or more).  Think I'll pass.

There is a CB on the CVO Tri Glide. I just ran into a friend of mine that bought the white one and he says the CB is on the bike.
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