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Offline waspanman

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resale values
« on: February 21, 2015, 08:09:14 pm »
Is anyone like me considering trading in after two years to keep my TTSE in warranty, some of the residual values I've seen don't look encouraging

Offline neojynx

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Re: resale values
« Reply #1 on: February 21, 2015, 08:25:39 pm »
it crossed my mind.  I bought mine as a demo model so paid no VAT, which of course when you're buying new makes a big difference.  i might wait to see if they bring in an updated model though,  will have a rethink a year or so

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Offline cropbiker

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Re: resale values
« Reply #2 on: February 21, 2015, 09:03:49 pm »
I tend to keep my bikes around 6 years which means that overall average annual cost of ownership is much less... also means that when you do come to change things have usually moved on considerably in what is being offered.

Currently I am loving my Trophy so much as it is I can see it being in the garage a good few years yet!
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Offline Trophy Tom

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Re: resale values
« Reply #3 on: February 21, 2015, 11:40:00 pm »
As soon as the trophy is updated ( new better model )  we will all be back at the dealer dealing again. Lol
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Offline venomyellow

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Re: resale values
« Reply #4 on: February 21, 2015, 11:44:05 pm »
Fair to say depreciation on any big touring bike is quite high. Just bought a K1600 nine months old and it had lost £7500, and that was retail

Offline Trophy Tom

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Re: resale values
« Reply #5 on: February 22, 2015, 12:22:54 am »
Ouch that was a hit :004:
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Offline w8d4it

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Re: resale values
« Reply #6 on: February 22, 2015, 06:46:03 am »
I think you will find that resale is market (ie country) specific.  Suffice it to say it is unlikely you will be pleased with the hit you will take if you sell after just a couple of years.  As for me personally I tend to keep my vehicles a long time. My ST is 13 years old and I have no intention of selling.  My Corvette is 12 years old again no intention of selling.  And so forth with the rest of my vehicles.  The only bike I ever sold after just couple of years was my Thruxton and I did that only to help pay for the Trophy It just doesn't pay to trade frequently
« Last Edit: February 22, 2015, 07:49:01 pm by w8d4it »
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Offline DonTom

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Re: resale values
« Reply #7 on: February 22, 2015, 08:42:30 am »
*Originally Posted by cropbiker [+]
I tend to keep my bikes around 6 years
I tend to keep mine forever and a day, or until it's worthless to the point that it's junk. I never care about resale value of anything.

I always buy my bikes new.

I have owned four motorcycles since 1971 and I still have all four running like new. Or better than new, such as with my 71 BMW, which has many performance modifications.

-Don-  Reno, NV
1971 Black BMW R75/5/* 1984 Red Yamaha Venture* 2002 Yellow Suzuki DR200SE* 2013 Blue Triumph Trophy SE*2016 Orange/Black Kaw Versy 650 LT*2016 Orange Moto Guzzi Stelvio* 2017 Gold/Black Harley FLTRU RoadGlide Ultra*2017 Zero 6.5DS* 2017 Zero SR13 w/Pwr Tank*2020 Energica SS9