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Author Topic: Will the new 07s kill the value of Pre 07 CVO's ?  (Read 11244 times)

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KentuckyHarleyDude

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Will the new 07s kill the value of Pre 07 CVO's ?
« on: July 16, 2006, 09:13:56 AM »

As I understand it this forum is for questions pertaining to "General" CVO questions ... My question is ..in your opinion...how will the introduction of the new 07 CVO 110's with the 6 speed affect the resale value of the PRE 07 CVO's ... and why do think that?

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VaEagle

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #1 on: July 16, 2006, 10:11:08 AM »

I can see the changes in the 2007s having some effect but since the new CVOs are about $1,500 more expensive and limited edition as usual I think the cost difference will be in the dealer pricing area. Demand will be up maybe so they will add more to the price.
I can invision though that many folks won't pay the inflated price for the 2007 or they won't trust the new 6 speed or engine until "the bugs are worked out". And as some have mentioned the paint schemes for 2007 at least in photos don't leap out and grab you so there is a chance that some like the paint on the earlier bikes (paint problems excluded of course).
So in general I can see where a person would decide an earlier CVO is a better buy compaired to a 2007 but they might love some features of the 2007 if they can even find one.
I would however expect some resale drop in price in a few years once the 2007 upgrades have proven themselves and more standard bikes are out with the 96 and 6 speed. Look at how prices are lower on the SE roadglides with their 95 engine and older fuel injection setup. They are still a great bike but to many seem kind of underpowered or old.
« Last Edit: July 16, 2006, 10:12:35 AM by VaEagle »
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Midnight Rider

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #2 on: July 16, 2006, 10:26:40 AM »

Personally, I don't see it having a dramatic impact on the resale value of the pre-07 models.  For one, the paint jobs are not as complex, though they might look better in person than the pictures indicate.  Also, the 103 motor is fully capable of making the same power, with a few tweaks here and there, and most people end up tweaking in the long run. The 6 speed is nice, but not a deal breaker for most folks, as it only becomes a real factor at above the legal, or practical, speed limits anyway.  Mine cruises fine at 80MPH in 5th.  The pre 07 bikes are some beautiful machines, and will hold their own, in my opinion. The same thing was probably asked/wondered about when the Ultra came out last year, and how it would effect the value of the 04/05 SEEG's, and I still see most of them selling for about what the MSRP was new.  The SERK's like you have, from what I've seen in the local dealers around B'ham, are also holding their own.

The 07's are going to be great, and I look forward to seeing and reading about them, but I just don't see anything about them which blows away everything that came before.  These bikes are hard to come by, and as long as the MOCO does not put them out in numbers greater than the past, they're all going to hold value, and be sought after machines.  Just look at how difficult it is to find one now...
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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #3 on: July 16, 2006, 11:18:16 AM »

I think you made some good points TC.  I think the paint is the major factor and although I haven't seen one in real life, I think the 07 paint schemes are so much simpler than previous years, they lose that 'custom' look that has been such an attraction on the previous CVO's.
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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #4 on: July 16, 2006, 11:24:38 AM »

Quote
I think you made some good points TC.  I think the paint is the major factor and although I haven't seen one in real life, I think the 07 paint schemes are so much simpler than previous years, they lose that 'custom' look that has been such an attraction on the previous CVO's.


If someone is buying for "looks and feel" he'll be a buyer that might be willing to pay a little more for one of the existing bikes; if they supply the look and feel he's after.  If someone was interested in the CVO bikes for the larger engine then from that buyer the current crop of bikes just took a major hit.  So, as is so so often the case, what it sells for depends on how bad the buyer will still want it.
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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #5 on: July 16, 2006, 11:32:40 AM »

Quote
Personally, I don't see it having a dramatic impact on the resale value of the pre-07 models.  For one, the paint jobs are not as complex, though they might look better in person than the pictures indicate.  Also, the 103 motor is fully capable of making the same power, with a few tweaks here and there, and most people end up tweaking in the long run. The 6 speed is nice, but not a deal breaker for most folks, as it only becomes a real factor at above the legal, or practical, speed limits anyway.  Mine cruises fine at 80MPH in 5th.  The pre 07 bikes are some beautiful machines, and will hold their own, in my opinion. The same thing was probably asked/wondered about when the Ultra came out last year, and how it would effect the value of the 04/05 SEEG's, and I still see most of them selling for about what the MSRP was new.  The SERK's like you have, from what I've seen in the local dealers around B'ham, are also holding their own.

The 07's are going to be great, and I look forward to seeing and reading about them, but I just don't see anything about them which blows away everything that came before.  These bikes are hard to come by, and as long as the MOCO does not put them out in numbers greater than the past, they're all going to hold value, and be sought after machines.  Just look at how difficult it is to find one now...


I agree with you TCnBham

No different than when the 08's show up with water cooled engines. (just a guess)
Will every 07 be worthless, hell no, it's progress and each year brings new and exciting bikes.
That progress typically doesn't diminish drastically the value of older bikes.
Mileage, appearance and maintenance are the main factors that determine value.
And shame on someone that owns a CVO bike and doesn't maintain or keep up the appearance!
JMHO!

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KentuckyHarleyDude

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #6 on: July 16, 2006, 11:46:52 AM »

Quote


I agree with you TCnBham

No different than when the 08's show up with water cooled engines. (just a guess)
Will every 07 be worthless, hell no, it's progress and each year brings new and exciting bikes.
That progress typically doesn't diminish drastically the value of older bikes.
Mileage, appearance and maintenance are the main factors that determine value.
And shame on someone that owns a CVO bike and doesn't maintain or keep up the appearance!
JMHO!

 [smiley=xyxthumbs.gif]

Wether or not this would be considered  "progress" is yet to be seen ... Proof is in the pudden and I think the 103's have proven thier self in most cases ...

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cigarmike

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #7 on: July 16, 2006, 11:56:33 AM »

Heres to most of the 110 's blowing up
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KentuckyHarleyDude

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #8 on: July 16, 2006, 12:13:55 PM »

Quote
Heres to most of the 110 's blowing up

Ohhhhhhh Mike man your COLD LOL .....

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110tHunDer

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #9 on: July 16, 2006, 12:25:04 PM »

Quote
Mileage, appearance and maintenance are the main factors that determine value.
And shame on someone that owns a CVO bike and doesn't maintain or keep up the appearance!
JMHO!

 [smiley=xyxthumbs.gif]

I agree with that.  The whole "value" thing is so relative and I believe a super-nice example of any year or model CVO is going to hold its value well, no matter what comes along next.  Some day, there will be something with an even bigger engine, 7-speed [smiley=nixweiss.gif] transmission, and automatic butt wiper, but I predict a nice example of these (currently) new '07s will still hold their own in terms of value.

I have to disagree with VAEagle on the Road Glides.  They are still bringing a pretty good buck versus their original selling prices of $22,495 (for a 2000 model).  In fact, it's hard to find a nice one selling for much less than that today.

« Last Edit: July 16, 2006, 12:26:09 PM by 103tHunDer »
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VAZHOG

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #10 on: July 16, 2006, 12:37:27 PM »

YES ,  If you keep your current bike for 40 years it will be worth as much as a shovel head is now :)
« Last Edit: July 16, 2006, 12:38:00 PM by VAZHOG »
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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #11 on: July 16, 2006, 12:39:22 PM »

Personally I can't see the new bikes hurting resale of pre '07 CVO's. Sure there are new features some to be proven, but most of us that are passionate about our scooters have almost perfected them to the way we want them. The colors on this year CVO’s hasn't reached out and made me have to have one. Larger motor, and six speed transmissions have been available for us if we so desired to acquire them so to me that's not reason enough to want to upgrade.

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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #12 on: July 16, 2006, 04:10:27 PM »

Quote

I agree with that.  The whole "value" thing is so relative and I believe a super-nice example of any year or model CVO is going to hold its value well, no matter what comes along next.  Some day, there will be something with an even bigger engine, 7-speed [smiley=nixweiss.gif] transmission, and [highlight]automatic butt wiper[/highlight], but I predict a nice example of these (currently) new '07s will still hold their own in terms of value.

I picked one of these up at Sturgis... worth every penny... highly recommend it.. [smiley=xyxthumbs.gif]
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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #13 on: July 16, 2006, 10:01:58 PM »

Unfortunately for the 06 owners (particularly the CUSE) I think that their resale will be hurt a bit.  On Saturday on my local dealers announced a sale of $5000 off MSRP of any in stock Screamin Eagle bike (see link: http://www.americaneaglehd.com along with other discounts on standard bikes.  They have a couple of FatBoys and vRods there.  
« Last Edit: July 16, 2006, 10:02:26 PM by jvc58dke »
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Re: Will the new 07s kill the value of Pre 07 CVO'
« Reply #14 on: July 16, 2006, 10:12:35 PM »

Quote
Unfortunately for the 06 owners (particularly the CUSE) I think that their resale will be hurt a bit.  On Saturday on my local dealers announced a sale of $5000 off MSRP of any in stock Screamin Eagle bike (see link: http://www.americaneaglehd.com along with other discounts on standard bikes.  They have a couple of FatBoys and vRods there.  
The website says:
Save $2,000 when you purchase a 2006, In-Stock Screamin' Eagle!

...and it does not say off MSRP...so this MAY just bring it down to MSRP
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