Crying

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Crying - 8/18/2005 11:02:37 AM

Infamousdiz

Posts: 16
Joined: 7/7/2005
Status: offline

Every year the bike drops a $1000 in value. I wish supersports had better resale value but I dont plan on selling it for aleast 3 years its just the thought of if i had too thats all i would get

Post #: 1

RE: Crying - 8/18/2005 12:26:03 PM

Chinchilla

Posts: 43
Joined: 4/28/2005
Status: offline

Atleast those values are better than every auto/truck on the road. I bought a 2004 Mountaineer in 2003 (MSRP of $38,000) and the NADA "avarage" retail is only $23,000...and trade is just at $20,000. That's almost 50% in 2 years.

(in reply to Infamousdiz)

Post #: 2

RE: Crying - 8/18/2005 1:21:42 PM

MgA_ODEN

2005 Ride Of
The Year
Posts: 2072
Joined: 4/19/2005
From: Spring , Tx
Status: offline

quote:

ORIGINAL: Infamousdiz

Every year the bike drops a $1000 in value. I wish supersports had better resale value but I dont plan on selling it for aleast 3 years its just the thought of if i had too thats all i would get

You loose two grand just driving it off the lot (I have relatives that have sold bikes)

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Black 2004 CBR1000RR

(in reply to Infamousdiz)

Post #: 3

RE: Crying - 8/18/2005 5:06:36 PM

Kiwi

Posts: 13
Joined: 8/3/2005
Status: offline

That's life man. Think about it this way. If in fact you do lose $3000 over 3 years, that equates to $2.74 a day. Ask yourself, is it worth it?

Now stop crying and go enjoy your bike.

(in reply to Infamousdiz)

Post #: 4

RE: Crying - 11/23/2005 2:52:30 PM

L8X

Posts: 1909
Joined: 12/19/2004
Status: offline

get a european bike if you're so concerned with maintaining value.

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(in reply to Kiwi)

Post #: 5

RE: Crying - 11/23/2005 4:00:11 PM

Anubis

Posts: 2159
Joined: 6/27/2005
Status: offline

Well i know i didn`t buy it for the resale value,

Great fun to be had, don`t worry about it.

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Liverpool-UK

Bla Bla Bla - Just Ride It !!

(in reply to L8X)

Post #: 6

RE: Crying - 11/23/2005 5:20:00 PM

menefreghista

Posts: 899
Joined: 10/9/2005
Status: offline

exactly !

i don't buy a bike to sell it or even cars for that matter
drive / ride until the wheels come off is my motto !

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more mods than skill ... obviously !

(in reply to Anubis)

Post #: 7

RE: Crying - 11/23/2005 9:28:00 PM

cjbettis

Posts: 1098
Joined: 10/29/2005
Status: offline

remember depreciating assests pay cash for...appreciating assets nothing down (if concerned about it, buy a bike you can pay cash for...older bike that won't depreciate much at all...there is a floor to how low they will go)

you bike is the best TOY on the planet

ps - I do feel your pain though...bought a '05 600RR (new) and think I'm going to step up to the 1000RR or RC51 (not sure) this next year.

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