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Author Topic: Glides on dealers floors.  (Read 15969 times)

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Gone Fishin'

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Re: Glides on dealers floors.
« Reply #165 on: January 16, 2009, 05:04:05 AM »

I finally had the time to go into my dealer this afternoon to do a deal. They still had the SERG and I let them know I was serious about making something work. They came back with an offer of 22k for my CUSE against 31k for the SERG. Bottom line they wanted $9600 out the door. Needless to say I didn't do the deal. If they'd have dropped 3 grand off the asking price, I'd be out riding a new SERG right now. Oh well, I guess it wasn't meant to be. They'd have made a couple thousand on the new bike and could have scored another couple pretty easy on my CUSE. Anybody out there want to buy a really nice CUSE?

Do you seriously believe that the resale value of your bike remains unaffected while the new bikes are to be sold below msrp.?
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Re: Glides on dealers floors.
« Reply #166 on: January 16, 2009, 06:40:25 AM »

I do not remember exactly but I think the MSRP for the 05 was 29,995 for the 49 State and 30,500 for the Cali bikes

That was it plus the freight. 
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Dan_Lockwood

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Re: Glides on dealers floors.
« Reply #167 on: January 16, 2009, 10:22:47 AM »

Do you seriously believe that the resale value of your bike remains unaffected while the new bikes are to be sold below msrp.?


I'm not saying anything about the deal that the dealer offered BobD other than this.

Louis, you're right on this.

I've was in vehicle sales, although back in the '70s, but if you're looking at trading in, the dealer usually will go retail to retail or wholesale to wholesale, but never retail (trade in) to wholesale (new).

Let me explain.

If a person wants to get use retail value from their trade at the dealership, the dealer will use the highest listed pricing he can on his new unit.  If he offers low book on your trade, then you can expect to be able to push him to a lower than asking pricing on the new unit.  But don't expect him to offer you used retail value and then discount the new unit.

Unless the person has a VERY special trade that's flying off the used lots faster than you can sign the paperwork, one would have to assume if the new market is soft, so is the used market.  So reselling the trade for the dealer is going to be tougher and the resale prices will have to be lower to reflect the current market.

When doing a trade in, all that matters in the end is how much out of pocket you have to pay.  So if you get wholesale trade in and discounted new unit pricing or full or above market resale value on your trade and you pay list pricing for the new unit, it still boils down to out of pocket money.  Regardless of how it's shown, if in your mind the dollars to trade are too high, walk away and keep looking.

I was told early on when I bought my new '08 SERK that CVO's depreciate about the same as a non CVO model, only you start with more money and the used pricing is always higher than the same year of a non CVO model.  But still it has depreciated about the same percentage.  Now there's always exceptions to this average and some CVO's may reflect that in slightly less depreciation than other models.

I've read a lot lately about buying non CVO and then upgrading to near CVO options.  Some still think they can do this upgrading and come out better.  Maybe that's true if they keep the bike for 10 years and you feel that you've gotten your money back from the fun and added performance you've had to use for the past 50k miles and X number of years.  I've read here that people have traded in highly optioned non CVO bikes on CVO's and the dealer didn't care if they put the trade back to stock before they traded, they weren't going to get any more or less with or without the many options at trade time.  Again I say there are always exceptions on this as well.  I'm sure mods from an 88" to a 103" and maybe a 5sp to 6spd will retain more of the upgrade value, but extra chrome or different pipes, seats, etc are just a loss at trade time.

Look at the use or muscle cars selling right now.  You can buy everything to make your own Yenko Nova and probably be as good or better than an original Yenko, but at best, it's still only a clone wanna-be.  For the person that built the clone, he's having a ball with it and it shows well, but don't expect to get the high end for it.  I will admit though that a nicely done clone will get you more money than a stocker, but never what the real one was.  Another example, a 6cyl Dodge Dart converted to a Hemi Dart with all the appropriate goodies will be a VERY cool car, but alas, it's not a Hemi Dart, only a clone.  Now believe me, it will pull ton's more $$$$$ than the original 6cyl Dart, but I doubt you would make your investment back.

Sorry again guys for rambling on and on and on, just slap me.....

 :D  :D  :D
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Re: Glides on dealers floors.
« Reply #168 on: January 16, 2009, 10:35:53 AM »

supply and demand. this will dictate the price of new and pre-owned.

some dealers will not want the inventory on there floorplan. i bet hd does that too.

there will always be a variance in prices according to location. some used books ask this info.







TN
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Re: Glides on dealers floors.
« Reply #169 on: January 16, 2009, 12:07:01 PM »

@Dan_Lockwood

Yes, sir. I think you are right. While CVO's pretty much go with the market, when it comes to resale value, the initial purchase price is still the driver. I see also a benefit in the event of an accident or theft. It is much easier to convince the insurance of the value of the "model" vs. the value of the bike "plus add ons". Yes, I know we're still adding a lot to the bikes, but it still is easier than for a full custom.

Ride safely,
Louis
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Re: Glides on dealers floors.
« Reply #170 on: January 16, 2009, 01:12:24 PM »

@Dan_Lockwood

Yes, sir. I think you are right. While CVO's pretty much go with the market, when it comes to resale value, the initial purchase price is still the driver. I see also a benefit in the event of an accident or theft. It is much easier to convince the insurance of the value of the "model" vs. the value of the bike "plus add ons". Yes, I know we're still adding a lot to the bikes, but it still is easier than for a full custom.

Ride safely,
Louis

Louis, good points on the add-ons and insurance claims.  Having a known value versus a supposed value, can save lots of time and many dollars of loss.

I'm sure that compared to some on this forum, I have less in upgrades than most.  Although I did all the labor myself, I still have about $2,500 in exhaust, new seat, PCMIII, rear running boards and stock RK windshield.

It adds up very quickly if you don't pay attention to it.

 :)  :)  :)
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Re: Glides on dealers floors.
« Reply #171 on: January 16, 2009, 04:43:54 PM »

Louis, good points on the add-ons and insurance claims.  Having a known value versus a supposed value, can save lots of time and many dollars of loss.

I'm sure that compared to some on this forum, I have less in upgrades than most.  Although I did all the labor myself, I still have about $2,500 in exhaust, new seat, PCMIII, rear running boards and stock RK windshield.

It adds up very quickly if you don't pay attention to it.


 :)  :)  :)


Shhhh! We're not supposed to say that out loud.  :D

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Re: Glides on dealers floors.
« Reply #172 on: January 17, 2009, 12:15:18 AM »


Shhhh! We're not supposed to say that out loud.  :D

And in fact is does add up quickly, even if we pay attention!

Ride safely,
Louis
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Re: Glides on dealers floors.
« Reply #173 on: January 17, 2009, 07:12:10 PM »

The Silver Road Glide (used - 1,116 miles - first service done) is on the floor at South Richmond Harley Davidson - Virginia.
The owner is not tall and found the reach to be a little more than he wanted.
It has the rider backrest and a windshield, but otherwise it is stock.

Edit --- they have it tagged at $30,999 but was told with no prompting that the owner would accept $30,000.
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rasmusmi

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Re: Glides on dealers floors.
« Reply #174 on: January 18, 2009, 09:43:07 AM »

http://www.randyscycle.com/pre_owned_detail.asp?sid=03336603X1K18K2009J8I38I49JAMQ3729R0&veh=1039258

There's a 2000 FLTRSEI SERG Trike on the floor at Randy's Cycles in Huntley, IL, if anyone's interested. Randy's going out of business (or at least relocating) and has been having a store wide inventory clearance sale for a couple months now, so he might be willing to make you a super deal. Call and talk with Randy Weaver, owner.
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SPIDERMAN

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Re: Glides on dealers floors.
« Reply #175 on: January 18, 2009, 11:46:00 AM »

The Silver Road Glide (used - 1,116 miles - first service done) is on the floor at South Richmond Harley Davidson - Virginia.
The owner is not tall and found the reach to be a little more than he wanted.
It has the rider backrest and a windshield, but otherwise it is stock.

Edit --- they have it tagged at $30,999 but was told with no prompting that the owner would accept $30,000.


Isn't the MSRP $30,999 ? Another question, this bike is now used, so you would only be elligible for a used bike warranty is that correct ? I ask, because I'm hoping to buy one of these used in a couple of years, and I am keeping track of pricing from what the average price was new until I finally write the check on a used one. I know this probably sounds obtuse, but hell you know me well enough to know my mind spins counterclockwise to the rest of the world.

B B
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Re: Glides on dealers floors.
« Reply #176 on: January 18, 2009, 12:11:39 PM »

Isn't the MSRP $30,999 ? Another question, this bike is now used, so you would only be elligible for a used bike warranty is that correct ? I ask, because I'm hoping to buy one of these used in a couple of years, and I am keeping track of pricing from what the average price was new until I finally write the check on a used one. I know this probably sounds obtuse, but hell you know me well enough to know my mind spins counterclockwise to the rest of the world.

B B

Yup, MSRP is $30,999 plus $375 freight (Cali emissions is another $200).  Haven't figured yet how people think they can get full price for a used, previously titled vehicle. :confused5:

As a fellow contrarian, I think obtuse is just fine btw.

Jerry
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Re: Glides on dealers floors.
« Reply #177 on: January 18, 2009, 01:00:54 PM »

Yup, MSRP is $30,999 plus $375 freight (Cali emissions is another $200).  Haven't figured yet how people think they can get full price for a used, previously titled vehicle. :confused5:

As a fellow contrarian, I think obtuse is just fine btw.

Jerry

        Thanks Jerry. I just had a senseless go round with the wife at breakfast and it's nice to know that there's a least one kindred soul on the planet. For the sake of discussion, (and this may already have been covered elsewhere) what are the production numbers on the 2009 SERGs ? Seems like the more of them they make, the better chance I'll have of finding a used one in the under $25k range in two or three years.

B B
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Re: Glides on dealers floors.
« Reply #178 on: January 18, 2009, 01:24:26 PM »

Isn't the MSRP $30,999 ? Another question, this bike is now used, so you would only be elligible for a used bike warranty is that correct ? I ask, because I'm hoping to buy one of these used in a couple of years, and I am keeping track of pricing from what the average price was new until I finally write the check on a used one. I know this probably sounds obtuse, but hell you know me well enough to know my mind spins counterclockwise to the rest of the world.

B B

Yep, it is used, and it is priced at what I am paying new, when it comes arrives in mid Feb.

I am thinking you are correct on the used warrenty.

I know being that new, you still could get new bike finance rates from most banks or credit unions.

I would probabley jump all over it if I was wanting a SERG and did not have a deposit on one.
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Re: Glides on dealers floors.
« Reply #179 on: January 18, 2009, 01:26:27 PM »

Yup, MSRP is $30,999 plus $375 freight (Cali emissions is another $200).  Haven't figured yet how people think they can get full price for a used, previously titled vehicle. :confused5:

As a fellow contrarian, I think obtuse is just fine btw.

Jerry

I am sure the owner is thinking with the current demand and waiting lists for a 09 SERG that some one will be willing to buy it. 

I know my dealer has a list of many names who want one if some one backs out on the ones they have deposits on.

That is also more than 10K less than FB in dayton is getting for them.
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