Author Topic: Resale values  (Read 2641 times)

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  • Offline 20220727   gb

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    Offline 20220727

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    Resale values
    on: October 26, 2018, 12:29:16 pm
    October 26, 2018, 12:29:16 pm
    It’s getting that time of the year where the discounts on new bikes come out, my bike has done 4500 miles 17 months old & been offered 10K for it against a new fully loaded 1260S touring which comes in at 20K

    PCP £367 for 36 months with £1500 deposit

    The jury is out making it decision

  • Offline Darsey   gb

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    Offline Darsey

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    Re: Resale values
    Reply #1 on: October 26, 2018, 12:42:05 pm
    October 26, 2018, 12:42:05 pm
    you are definitely getting a good price for it. I was offered 7.5k for mine and it is the same age with 8000miles and serviced. If they had if offered me that for mine it would be sold.
    "ye must be born again"

  • Offline BrownTrousers   gb

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    Offline BrownTrousers

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    Re: Resale values
    Reply #2 on: October 26, 2018, 02:49:34 pm
    October 26, 2018, 02:49:34 pm
    I agree £10k seems a cracking price - MTS950 is only £11,300 brand new; I can't see how the dealer makes any money buying it off you at that price.

    Having said that, I wouldn't want to sell mine, and I also wouldn't want to spend £15k - £20k on a bike if i only did 3,000 miles a year.
    Previous bikes: Tiger 800XR & CRB500R
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  • Offline neilb   gb

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    Offline neilb

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    Re: Resale values
    Reply #3 on: October 26, 2018, 06:59:31 pm
    October 26, 2018, 06:59:31 pm
    That’s a cracking trade-in offer....unbelievable!

    Saying that, there is no way I would contemplate trading in my beloved 950 for an all bells and whistles 1260. I’ve really bonded with this bike; it does everything the bigger machine will do in the real world of motorcycling and will in no way be made to feel inferior. Sure, the 950 doesn’t have the mass of electronic rider aids or the trick suspension but I do not miss these things (well, maybe the Skyhook suspension would be nice). I like the simplicity of the 950 and the fact that I can use all of the engine power, run the top end of the rev range and still retain control. Maybe I’m getting a bit long in the tooth but there is no way that I would nowadays get any real satisfaction from only being able to use maybe 3/4 of the 1260’s 160bhp. And, the 950 is far cheaper to run!

    That’s my say on why you should keep your 950. However, in days gone by I would probably have been drooling over the 1260s and wouldn’t have been able to resist the urge. Until you’ve owned a high-power bike (Fireblade in my case) and got it out of your system, nothing but the “latest and greatest” will do.

    A tough call; only you can decide, mate.

    Edit: having just reread this I’m thinking “who is this boring old fart”? What it should say is “if you really want one go buy and enjoy”. You only live once and life’s too short to harbour regrets.
    Last Edit: October 26, 2018, 07:19:26 pm by neilb

  • Offline Chapps   wales

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    Offline Chapps

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    Re: Resale values
    Reply #4 on: October 27, 2018, 08:16:07 am
    October 27, 2018, 08:16:07 am
    Haha i like it!  I was agreeing with you and then thought the same..... :745:

  • Offline BrownTrousers   gb

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    Offline BrownTrousers

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    Re: Resale values
    Reply #5 on: October 27, 2018, 09:18:48 am
    October 27, 2018, 09:18:48 am
    *Originally Posted by neilb [+]

    Edit: having just reread this I’m thinking “who is this boring old fart”? What it should say is “if you really want one go buy and enjoy”. You only live once and life’s too short to harbour regrets.

    Wise words!
    Previous bikes: Tiger 800XR & CRB500R
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  • Offline Murf46   gb

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    Offline Murf46

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    Re: Resale values
    Reply #6 on: October 27, 2018, 09:49:41 am
    October 27, 2018, 09:49:41 am
    *Originally Posted by Chapps [+]
    Haha i like it!  I was agreeing with you and then thought the same..... :745:


    Me two  :087:
    Red or dead

  • Offline ZiggyCol   gb

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    Offline ZiggyCol

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    Re: Resale values
    Reply #7 on: October 27, 2018, 11:31:20 am
    October 27, 2018, 11:31:20 am
    10k is a great price for the 950 and undoubtedly OTT. The dealer would struggle to make that on resale at present. He calculates on the overall deal and he will be making his money based on the margin in selling the 1260. Plus if the 1260 is a stock bike he will be taking into account the cost of having it on the books over the winter. That's why there are deals to be had at this time of year.
    But if it floats your boat now is the time to do the deal. Come spring there may be price increases and who knows what impact Brexit (if we ever get something sorted) may have?

    I looked at the 1200/1260 before making the decision to go 950 (did I mention collecting Monday  :046:) because this bike will be a keeper and for ease of maintenance and peace of mind in the long run I preferred to have the less complex bike. Plus, nowadays, I just don't know how frequently the extra power would be usable - the 950 is powerful enough.

    But the 1260 is hell of a bike . . . .
    Life is not a rehearsal . . .