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Discussion in 'GS Boxers' started by Dorsicano, Feb 3, 2011.
I see. for a minute I thought this was a game of rich man's roulette on adv
I have the motorcycle addiction no way could I be rich
I took my bike to the dealer today, and said goodbye. Now ready for the new arrival next month
I have the same GS for 6 years (mid-2007), bought it new.
Resale value currently sucks (yes even BMW doesn't hold resale any more, since GSes are plenty and we have a crisis, so it's cheap or no sale at all). It is quite possible that I would need to pay twice the amount I could sell it, plus maybe a further 20% to get it with what I want on.
(BTW previous bike was a Dakar, kept for 5 years - also resold with great loss)
I am debating if your "recycle" model is better. You sell 1yo bike which replaced a 2yo bike. So since 2007 (you have to add 1-2 more bikes from the ones shown in your signature I guess) how much "buy-sell" total you have? Ever calculated?
agree....not sure why so many others think differently.
A friend told me that the R1200GS has a much higher demand/resale in the used market than other bikes. Don't know if this is true or not. Resale value may still suck though. Are the blue book values realistic?
Deposit placed on 23rd of October.
It is a popular motorcycle, hence the decent demand, but there's also plenty of supply (will be interesting to see what impact the new GS will have on the 2010-2012 bikes). I can only speak of my experiences. I've sold two GS bikes ('09, '11), one R1200R ('09), and one RT ('11). Two of the four bikes went to buyers outside of the state, impressive given the population/demographics of the locale we live in. I had to almost give them away in order to move them. To NLS' point, it may be 2013 but it's still a buyer's market, especially with the higher priced bikes. The tough part is finding a buyer that has that much cash in hand, and hopefully you have the bike that no one else does, and/or live in the same city/state as he so to save on the hassles and costs of shipping.
Ask your dealer what they'll give you for your bike, EJ, I'd be interested to know. That price is the one that the private party buyer wants to pay as well, that's the cost of liquidity if you will. I just don't think that the GS depreciates less than most other bikes in its price category/class, at least my experiences don't support such. I seem to take the same kind of hit whether it's a BMW, Ducati, Aprilia, or Moto Guzzi. Having said that, i'll concede that the lower priced bikes seem to sell faster and carry a better resale level, relatively speaking.
I'm afraid to know.....It might change my tune on getting the new GS if I see how much my '11 has cost me to own for 18 months.
Among the big adventure bikes, used GS models hold their value fairly well, but they're still expensive, generally highly-optioned, luxury goods so they suffer the higher depreciation of any vehicle that starts out more expensive. The frequent updates BMW has been making don't help resale either. It's a lot like cars - a BMW 7-Series will lose half its value within a couple years while Toyota Corolla will be still worth half its original value in triple this time.
If you want high resale (as a percentage of purchase price), then you buy cheaper, more utilitarian bikes. DRZs, KLRs and Wees have very good resale value. It helps that they're not revised very often.
Greece definately is in crisis..
Not certain about that part. I had my Tiger up for sale for a few days but then decided to keep it. Private offers were what I asked ($9900 with farkles), dealer offer on trade-in for the same stuff was $7500.
Decided to keep it another year or so and see how the new GS plays out.
So anyone in the US hear anything more about expected delivery dates? Last I heard from my dealer was in early February and they said bikes were arriving at the NJ warehouse at that time. Given that pricing just showed up on the BMW USA website and press release was issued, perhaps that means that bikes will be arriving soon....
Lets just say that when I bought my 2012 Triple Black, I paid nowhere near sticker price, as I was in the right place at the right time. Without going into too many details, I lost just under 10% in a year. If the cost to change was too high, I would have kept it and waited for an LC when they hit the used market, but again, right place at the right time on the new LC, and a favourable deal was done.
I envy you guys (in a good way).
My two BMW bikes were both bought new. All bikes before, bought used.
Unfortunately I don't think the situation locally (and most Europe) will allow me to think about a replacement in the next 3 years at least. Actually my wife wouldn't agree even to a 3-4k purchase, will probably divorce me for a 10k difference.
EDIT: Should I rise some "buy me a GS" fund or something? That other guy got a mil. from anonymous donor in youtube.
Lotto is your friend.
I haven't found new catalogs yet, but Wunderlich just announced on facebook the availability of new goodies for LC GS.
Not real news, but until someone finds actual news, it is something.
(MAGAZINE PDF SCANS ALWAYS WELCOME!)
No argument here, cug....but I will maintain that no one really "wants" to pay more than some other person does, or what some guide says a bike is worth at the wholesale level. Also, the dealers will usually assign a value of zero to farkles unlike private parties who might pay more for them.
EJ, something Montauk pointed me to. March 16th, at our dealership, "Meet the new GS." Whether or not its part of the first delivery remains unanswered. I think some new owners will be on theirs by that time.
I really hope everything goes at planned and on the 15th of march I'll have my: "Meet my new GS".