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Author Topic: Selling 2014 CVO Limited  (Read 11955 times)

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Dr.D

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Selling 2014 CVO Limited
« on: September 06, 2016, 04:29:06 PM »

I was considering trading my CVO for a new bike and was told the NADA was around 24K on a trade in. Two weeks later I went back to check the number again and the trade value was down to 22K. :( WTH??? I lost $2000 in two weeks time. I guess it was the announcement of the new 2017 models along with the 2016 stock dumping at discounted prices. I have seen values from 30K down to 21K for this model bike and need to get a starting asking price. I thought 27-28K was fair and comments.

The bike is the silver and orange one with a milage of about 25K. I need to check the miles and pot a sure number sorry for the ambiguity.
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bakon

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Re: Selling 2014 CVO Limited
« Reply #1 on: September 07, 2016, 06:07:44 PM »

25k is a bunch of miles for a 2014.  I sell before 35k usually and hear the same line of "more than 40k and the value drops" and most Harley riders don't put 10k on a year. Fair price? Who knows and who sets NADA as what you will accept if really a nice bike. Go price a used one in a dealer and bet it's above book value.

So why the trade?
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Will

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Re: Selling 2014 CVO Limited
« Reply #2 on: September 07, 2016, 06:45:47 PM »

 25-27K is where you should start, but be prepared to come down more. Less than 2 months ago I got a 14 with 8800 miles for 25.5K from a dealer. Sure they were asking 31.9K, but it wasn't selling and I made an offer, took almost 2 month of negotiations but I got the deal. 
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OBB

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Re: Selling 2014 CVO Limited
« Reply #3 on: September 07, 2016, 10:22:10 PM »

Happened two years ago when the '15 SERGU came out. The value on the '11 SERGU dropped $700 in the first week alone because it was no longer a "one year model". I had locked in a trade value with my dealer pending them making a '15 that I liked. They honored it (and are still sitting on my old bike) and I decided to trade vs trying to sell outright as the tax savings alone was close to $1600 IIRC.  I might have made an extra 400-900 selling it outright but then you have to deal with the hassle. It was easier for me to trade it in.
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Dr.D

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Re: Selling 2014 CVO Limited
« Reply #4 on: September 08, 2016, 11:51:06 AM »

Happened two years ago when the '15 SERGU came out. The value on the '11 SERGU dropped $700 in the first week alone because it was no longer a "one year model". I had locked in a trade value with my dealer pending them making a '15 that I liked. They honored it (and are still sitting on my old bike) and I decided to trade vs trying to sell outright as the tax savings alone was close to $1600 IIRC.  I might have made an extra 400-900 selling it outright but then you have to deal with the hassle. It was easier for me to trade it in.

I hear ya brother. I have been told that I need to sell for $1800 more than the difference for the tax issue. Honestly another few hundred would not be worth the hassle of taking phone calls and all that work of having to sell privately.

BTW the bike has only 23K miles on it now but that is still quite a bit I know. We ride our stuff.
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ultrarider123

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Re: Selling 2014 CVO Limited
« Reply #5 on: September 08, 2016, 11:52:40 AM »

Just keep it and ride the fool out of her, Doc... :2vrolijk_21:
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Dr.D

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Re: Selling 2014 CVO Limited
« Reply #6 on: September 08, 2016, 03:41:53 PM »

Just keep it and ride the fool out of her, Doc... :2vrolijk_21:

I am not dissatisfied so much as I'd like to try one of the new Indian Roadmasters.
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DCFIREMANN

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Re: Selling 2014 CVO Limited
« Reply #7 on: September 08, 2016, 08:26:06 PM »

25k is a bunch of miles for a 2014.  I sell before 35k usually and hear the same line of "more than 40k and the value drops" and most Harley riders don't put 10k on a year. Fair price? Who knows and who sets NADA as what you will accept if really a nice bike. Go price a used one in a dealer and bet it's above book value.

So why the trade?

Not really. I have over 40K on mine and have only owned it for 16 months!!!!!

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anzac

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Re: Selling 2014 CVO Limited
« Reply #8 on: September 09, 2016, 11:00:18 AM »

I just traded my 2015 CVO limited in on a 2017 limited and received $23k, I had about 32,000 miles up.
Love the feel of the new bike it seems so much lighter and controllable than my 2014. by the way they offered me $30k trade in if I took a 2016
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ultrarider123

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Re: Selling 2014 CVO Limited
« Reply #9 on: September 09, 2016, 12:25:38 PM »

I just traded my 2015 CVO limited in on a 2017 limited and received $23k, I had about 32,000 miles up.
Love the feel of the new bike it seems so much lighter and controllable than my 2014. by the way they offered me $30k trade in if I took a 2016

Was the 2017 $7,000 better than the 2016?  Dang, that's a chunk of change to turn down.
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anzac

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Re: Selling 2014 CVO Limited
« Reply #10 on: September 09, 2016, 02:42:00 PM »

Sorry my bike was a 2014, as far as how better the bike is I won't know until I have ridden it for a while, if you look up the changes it a completely different motor than my 2014
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ultrarider123

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Re: Selling 2014 CVO Limited
« Reply #11 on: September 09, 2016, 03:02:25 PM »

Sorry my bike was a 2014, as far as how better the bike is I won't know until I have ridden it for a while, if you look up the changes it a completely different motor than my 2014

Yes, much different motor but 7 large is still a big difference.  Time will tell so enjoy that new 2017.  I'm hoping it's a great motor for the consumers as well as the MoCo.
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bakon

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Selling 2014 CVO Limited
« Reply #12 on: September 10, 2016, 07:11:49 AM »

Not really. I have over 40K on mine and have only owned it for 16 months!!!!!

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THE DAWG

You highlight one line when the point is they lose value over certain mileage no matter what year. People just rather buy newer or less miles for the value.  Would you spend 31k for a bike with 40k miles or 41k for zero miles. And realistically 41k cvo can be bought at 36k and dealer still makes 4K on the deal. Just wait till the next year model comes out and they will make that offer. 
So yes the bikes can do the mileage but average price is based on less miles.
« Last Edit: September 10, 2016, 07:13:31 AM by bakon »
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Will

Dr.D

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Re: Selling 2014 CVO Limited
« Reply #13 on: September 12, 2016, 04:45:21 PM »

I do find it odd that people hate to take a chance on buying a bike with 25'000 miles on it like it is worn out and ready for the scrap yard. If you ride like some of us do that is a two year season and not really considered that much riding. The guys that have 8'000 on a three year old bike probably still have the dry rotted tires on it and old oil with plenty of condensation in it. The low milage bikes are also more likely to be the 3-33 mile rides that are harder on a motor than the week doing 1000 miles.

So Harleys don't hold value much better that any other brand right? I heard at the beginning that the CVO's hold their value better. After losing $16'0000 in two and a half years it does not look that good to me. Lord have mercy I have heard the Japanese bikes fair worse so at least i'm glad I'm not in that boat.
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bakon

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Re: Selling 2014 CVO Limited
« Reply #14 on: September 14, 2016, 09:39:16 AM »

Agree on whole statement.

CVO does hold
value compared to buying a Streetglide and putting 15k in extras on it.
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Will
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