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Trade-in value, a little peeved.

13 posts · Started by SDSmurf · 03 Apr 2009

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I had the same with a Ducati 996 a few years ago, when i came to sell the dealers were not interested and i had to take a big hit on the price.
To be fair its the same for alot of Jap bikes as well , with a few exceptions.
I think the best value bike for depreciation in the UK is the BMW R1200GS but they are 10k plus new.
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Hello Brendan, It has all been said before but this is a luxury item, a toy... most people/companies are on the take these days and never take their eye off of the $$ issue,

the entire world caters to the rich, all others move over!

I bought a 06 gixxer 7 fiddy new for 87.11 otd, stolen in 60 days, 10 days later insurance paid me in full with the price of my tag and tax,

then bought a new ktm sm 06 950, paid 12.500 only had it 8 months to trade it in for the 07 sd, the sm brought nada of 8.500, then the sd cost me 13.500

so if you look at this like I do? i see the Suzuki was the only one that did not kill me in depreciation, I have 13.500+ the 5000 in SM depreciation the add the tag and tax of 500 x 2

this would mean I have 19.500 usd in a bike that is 2 years old and had been crashed 2 times already and I paid for the offs rather than tearing up my insurance.

This had no mention of the absolutely brutal beating I took on the 2004? BMW R-1100-S... it hurts my eyes to think of how much I lost on that worthless bike!


rant..
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It' s hard to find a way to lose money faster than buying motorcycles new and selling them a year or two later. Cars too for that matter. Ask me how I know. Gambling and strip clubs would be a close second. Ask me how I know. Don't get me wrong, I understand the urge. 47% is staggering. Chalk that up to already slow SD sales and a total shit economy. IMO, trade-in to the dealer is a very costly convenience charge for not having to do the work to sell it outright. Every time I talk trade in with a dealer I leave the place shaking my head thinking up my ebay pitch.
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