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Thread: Spyder GS Value

  1. #1
    Registered Users daddydarko's Avatar
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    Default Spyder GS Value

    What would you expect a fully-loaded PE '08 GS with 20k miles to sell for today? I haven't seen anything with this kind of mileage for sale so not sure.

    HD dealer has trade in value at 9k. I have more than that in paint jobs.

    Kelly Blue Book has the 08 Spyder at $13,300 but doesn't factor in extras or mileage.

    Not saying I'm selling but I'm always curious.
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    #670

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    Motorbike Professor NancysToy's Avatar
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    Does the KBB list the value of the machine gun option?
    -Scotty
    2011 Spyder RTS-SM5 (mine)
    2000 BMW R1100RTP, motorized tricycle & 23 vintage bikes
    2011 RT-622 trailer, Aspen Sentry popup camper, custom motorcycle trailer to pull behind the Spyder



    Mutant Trikes Forever!

  3. #3
    Registered Users daddydarko's Avatar
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    I would even throw in the grenades.
    "I <3 attention!"
    -DD
    #670

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    Yellinacha Smylinacha's Avatar
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    I'm thinkin our trade in values are gonna be down the toilet now w/ the new ones out. We were the ones that dealt w/ all the bugs, the mis #bering of the Premier Editions, all the money we dumped into them personalizing them and look what they turn out - all our suggestions and they turn out these 2010s with all what alot of people wanted and I'm thinkin they might be bug free? Maybe better wiring, free of fire fears? Evap or purge valve change or better software? Remember NO ENGINE MODS but still, the latest & greatest in tupperware - and this will cause many to run out and want one, this will also cause more people to ride 2 up - they will be more comfy than 2 up on the older models - at least I would if I were on the back on one of these.

    If you ask me - ours will be cheap now. Get everyone who wants one of these new ones so bad, and look at what they cost (as much as a "nice" car for some of them), people will take a hit to get these things. They'll trade in what they got for this.

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    Registered Users Tom in NM's Avatar
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    Default Does that include the pins?????

    Quote Originally Posted by daddydarko View Post
    I would even throw in the grenades.
    I thought you loaned Lamonster all that stuff for his Washington D.C. trip?

    Ask Ron about how long it takes to get a loaned tire back from Lamont.

    Tom
    2008 GS SE5 -> 2013 STS SE5 -> 2015 F3-S SE6 . . . Still riding & smiling.

  6. #6
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    Ya,
    I would like to know what I could get for my 08 SE5 on a trade-in for one of these. Might cover the down. Hmm.
    Think I will hang with my SE5 for now. I kinda like it anyhow.

    Mike

  7. #7
    Alignment Specialist bone crusher's Avatar
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    Quote Originally Posted by Smylinacha View Post
    I'm thinkin our trade in values are gonna be down the toilet now w/ the new ones out. We were the ones that dealt w/ all the bugs, the mis #bering of the Premier Editions, all the money we dumped into them personalizing them and look what they turn out - all our suggestions and they turn out these 2010s with all what alot of people wanted and I'm thinkin they might be bug free? Maybe better wiring, free of fire fears? Evap or purge valve change or better software? Remember NO ENGINE MODS but still, the latest & greatest in tupperware - and this will cause many to run out and want one, this will also cause more people to ride 2 up - they will be more comfy than 2 up on the older models - at least I would if I were on the back on one of these.

    If you ask me - ours will be cheap now. Get everyone who wants one of these new ones so bad, and look at what they cost (as much as a "nice" car for some of them), people will take a hit to get these things. They'll trade in what they got for this.

    Agreed...if you get the top of the line with the trailer, you have a 30k car...I think I'd throw in a bit more and get a nice car...

    I think the RTs are really for the touring crowd. Those of us who go and get one really must have someone else to ride with...the bike is tuned down and made more comfortable for that reason...I realize that many think it's better than a goldwing trike, but whatever, it's still 30k and I have my Spyder that I really love and have put a lot of money into.

    My Spyder is still new enough to my eyes and I love riding it (just wish I had more time to do so)...

    I'm keeping my bike as long as I can and I hope the new models do well...the better BRP does, the better we do...

    Consider it this way...as is the case with any successful brand, the original line of product usually has a collectible value, given enough time.

    If we're still here, riding our Spyders in 25 years, more power to us!
    Bone Crusher
    If you work to make money, you'll never be happy, as there's never enough money...if you work to take good care of people, the money will always be there....Sean O'Connell, 1999

  8. #8
    Yellinacha Smylinacha's Avatar
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    Quote Originally Posted by bone crusher View Post
    Agreed...if you get the top of the line with the trailer, you have a 30k car...I think I'd throw in a bit more and get a nice car...

    I think the RTs are really for the touring crowd. Those of us who go and get one really must have someone else to ride with...the bike is tuned down and made more comfortable for that reason...I realize that many think it's better than a goldwing trike, but whatever, it's still 30k and I have my Spyder that I really love and have put a lot of money into.

    My Spyder is still new enough to my eyes and I love riding it (just wish I had more time to do so)...

    I'm keeping my bike as long as I can and I hope the new models do well...the better BRP does, the better we do...

    Consider it this way...as is the case with any successful brand, the original line of product usually has a collectible value, given enough time.

    If we're still here, riding our Spyders in 25 years, more power to us!
    I'm hopin they got a Spyder w/ a side car 25 yrs from now! HDX will have to ryde me cuz I'll be droolin by then.

  9. #9
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    daddydarko
    Just point the tailpipe at them and say "gimme a good deal or else"

  10. #10
    Registered Users DynamoBT's Avatar
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    Initially the market is going to be not flooded with, but certainly over saturated with used Spyders. That's going to be great for those people looking to join in as Spyder owners. But not too good for those trading in or selliing on their own.

    But over time the Spyder will be just like any other brand of motorcycles with different models. The first owner always takes a hit on depreciation. That's why it's so often recommended to buy used especially for your first bike.

    Let's face it, those who are going to buy the RT have a bit of money laying around. It is NOT cheap. Maybe if you can afford one, you can afford also to take the hit trading in your old Spyder. I don't know. These are just ramblings on the day.

    I own my Spyder outright. But it was a lot to shell out for a bike. I've had to be careful just how much I spend on aftermarket parts. I'll do a bit each year. But I have to pick and choose. We're retired. This really isn't the time of our lives we should be acquiring toys. Oh well.

    I sure do hope the RT does well for BRP. Success will only help all of us. In the end success means our Spyders will retain more of their value. I'm just not going to be one of those people who is first in line for these things. It's really almost TOO MUCH Spyder for me. I like my little sport model just fine.

    No point to this post but to put my thoughts out there. I do think BRP has a winner on their hands!!
    Marilyn

  11. #11
    Registered Users FANG's Avatar
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    Just bought a 2010 auto - mid-sized not luxury but satisfies my needs and only paind 17900 foir it. I doubt I will spring 30K for any motorcycle. I like the looks of the 2010 Spyder but agree with Smylin - we were the guinea pigs and the 2010 is the product of our hours of ryding and findng out what needs tweaking on the .

    That's okay I like my 08 SM5 and in a lillte while I will have it decked out the way I like it - It may not look like a GoldWing Spyder but it is mine.
    Bill
    Very Happy Spyder Owner

    Gulf Coast Spyder Ryders -- look for us in the Ryder Group/Club shortcut on the homepage.

    New Ryders always welcome!!!



  12. #12
    Registered Users 3wheeldemon's Avatar
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    Quote Originally Posted by Smylinacha View Post
    I'm thinkin our trade in values are gonna be down the toilet now w/ the new ones out....
    Yes, my dealer told me that, so far, all the requests he had for the RTs were trade-ins from current Spyder owners. I believe anything 5 figures for the 08's and over 11.5 for the 09's would be a miracle. maybe a bit better if you sell private.

    3WD
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    I'm pretty sure I will take a decent loss on mine if I trade it, so I plan on selling it privately unless the RTS comes in quicker than planned. Craigslist, cycle trader, here I come...LOL

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    Very Active Member BLACK WIDOW's Avatar
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    Default RT's

    Quote Originally Posted by 3wheeldemon View Post
    Yes, my dealer told me that, so far, all the requests he had for the RTs were trade-ins from current Spyder owners. I believe anything 5 figures for the 08's and over 11.5 for the 09's would be a miracle. maybe a bit better if you sell private.

    3WD
    The sad thing is that the current RT's will be antiquated when the engine options start coming out in a year or so. If one tries to always have the latest then you will be doing a lot of trading and losing a lot of money. I am satisfied with my 09 at this time and have no plans to change. Maybe when the engines begin to change i'll have another look, and we all know that will happen.


    WE DON'T QUIT PLAYING BECAUSE WE GROW OLD; WE GROW OLD BECAUSE WE QUIT PLAYING

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    Registered Users 3wheeldemon's Avatar
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    Quote Originally Posted by BLACK WIDOW View Post
    The sad thing is that the current RT's will be antiquated when the engine options start coming out in a year or so. If one tries to always have the latest then you will be doing a lot of trading and losing a lot of money. I am satisfied with my 09 at this time and have no plans to change. Maybe when the engines begin to change i'll have another look, and we all know that will happen.
    Same here. I will trade if there is a sportier version in a couple of years or earlier if anybody, Japanese or HD, comes our with a leaning trike.

    3WD
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  16. #16
    Very Active Member Firefly's Avatar
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    Quote Originally Posted by daddydarko View Post
    What would you expect a fully-loaded PE '08 GS with 20k miles to sell for today? I haven't seen anything with this kind of mileage for sale so not sure.

    HD dealer has trade in value at 9k. I have more than that in paint jobs.

    Kelly Blue Book has the 08 Spyder at $13,300 but doesn't factor in extras or mileage.

    Not saying I'm selling but I'm always curious.
    Powersports equipment drops like a rock in value. My dealer has NEW 2008 Spyders for $11,300 right now. I've got over $20K into mine and would be lucky to get $10K on the open market--- less in trade.

    Spyder #1 - 2008 GS SM5 Premier Edition #1977. RIP after 80,000 miles.
    Spyder #2 - 2012 RT SM5. Traded in after 24,000 miles.
    Spyder #3 - 2015 F3 SM6. Put 13,000 miles on and sold it.
    Spyder #4 - 2017 F3 SM6. Too good of a deal to pass up!

  17. #17
    SpyderLovers Sponsor BajaRon's Avatar
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    Quote Originally Posted by 3wheeldemon View Post
    Yes, my dealer told me that, so far, all the requests he had for the RTs were trade-ins from current Spyder owners. I believe anything 5 figures for the 08's and over 11.5 for the 09's would be a miracle. maybe a bit better if you sell private.

    3WD
    I'd say that has more to do with knowing the RT is out there than a lack of interest from Non-Spyder owners.

    We know the RT is coming because of forums like this that let us have our finger on the pulse of all things Spyder. But the average person is still not up to speed on the S-model, much less aware that there is an RT to be had.
    Shop Ph: 423-609-7588 (M-F, 8-5, Eastern Time)

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    I am fortunate to have sold my 08 SM 5 two weeks ago on E Bay for $13,155.55. It was fully loaded with most NMN items, Givi bags, F1 windshield and Corbin seat. The local Harley dealer listed it for me so it would run through his store as a trade in so I could use the sales tax trade in credit of another $921. I had just over 20K in my Spyder and got the equivalent of 14K so I took about a 6K hit. Be interested to see what happens on E Bay with units listed after the new madel announcement.

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    After seeing this i think i will just Corbinize mine. Smuglers trunk, seat, side boxes all for 3.5 - 4 grand sounds a little.better now that i've seen the price of the touring model.

    Mike

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    SpyderLovers Sponsor BajaRon's Avatar
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    Quote Originally Posted by Firefly View Post
    Powersports equipment drops like a rock in value. My dealer has NEW 2008 Spyders for $11,300 right now. I've got over $20K into mine and would be lucky to get $10K on the open market--- less in trade.
    You're always going to lose on leading edge technology. Because that is the product most likely to change quicly, change the most, and change for the better.

    That is true of computers, cars, motorcycles and any other product you can think of.

    I bought the Spyder to ride, enjoy and keep. If you do it that way you get your money's worth.

    If you bought it to pile upgrades on and then trade in after a year or 2 you are going to lose money. Even if you aren't talking leading edge stuff this is true.

    I love the look and what BRP has done with the RT. But I'm not into that kind of riding.

    I want more power, better handling, increased performance and great fuel mileage. I know I can't have it all so I'll trade off the fuel mileage to get the rest.

    The RT is going to offer less of everything that I'm looking for. So I'm going to be very happy with my SM5 for some time.

    If I were looking for great comfort, all the bells and whistles and to tour 2-up it would be a no brainer and the RT would be sitting in my garage instead of my SM5.
    Shop Ph: 423-609-7588 (M-F, 8-5, Eastern Time)

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  21. #21
    Registered Users 3wheeldemon's Avatar
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    Quote Originally Posted by BajaRon View Post
    I'd say that has more to do with knowing the RT is out there than a lack of interest from Non-Spyder owners.

    We know the RT is coming because of forums like this that let us have our finger on the pulse of all things Spyder. But the average person is still not up to speed on the S-model, much less aware that there is an RT to be had.
    I agree, my point was that, at least until the "waiting lists" clear, there is going to be one used Spyder coming to the market for almost every RT sold. That will put a lot of pressure on the resale price.

    I also agree with Firefly; is normal to take a beating in the resale price of most motorcycles.

    3WD
    Today is a good day to ride!
    owner!

    [x]- Gun rack
    [x]- Helmet-mounted fire extingusher and DPS deactivation hammer
    [x]- Large print (senior version) safety card

  22. #22
    SpyderLovers Sponsor BajaRon's Avatar
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    Quote Originally Posted by 3wheeldemon View Post
    I agree, my point was that, at least until the "waiting lists" clear, there is going to be one used Spyder coming to the market for almost every RT sold. That will put a lot of pressure on the resale price.

    3WD
    Point well taken. I missed that one!
    Shop Ph: 423-609-7588 (M-F, 8-5, Eastern Time)

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  23. #23
    Senile Member M2Wild's Avatar
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    Quote Originally Posted by daddydarko View Post
    HD dealer has trade in value at 9k.
    That sounds about right for whole sale pricing .... especially with warm riding weather ending in a few months for most of us.
    Silver SM5 PE# 1274, Hindle Exhaust, Touring Windshield, Caliper Trim, B.E.S.T. 3 Year Ext, Nuvi 255 GPS, Fog Lights, Sport Rack, Back Rest, 12V Outlet, Talon 3300p Alarm, NMN Mud Flap and TipZ LEDs, SpyderLovers Emblems, Kuryakyn Widow Pegs and Axel Trim, Luimoto seat skin, Evo Air Filter and O2 Mod, Cranker Tank Bag, Blue Sea fuse block, MAD/AMS/MBG, Oddyssey battery, IPS.

    Service Bulletin Applied: Gen II parking brake, 2nd SW patch, evap can/hose update, Gen II DPS

  24. #24
    Senile Member M2Wild's Avatar
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    Quote Originally Posted by proudcoppop View Post
    I am fortunate to have sold my 08 SM 5 two weeks ago on E Bay for $13,155.55.
    You timed the sale just right and lucked out big time.
    Silver SM5 PE# 1274, Hindle Exhaust, Touring Windshield, Caliper Trim, B.E.S.T. 3 Year Ext, Nuvi 255 GPS, Fog Lights, Sport Rack, Back Rest, 12V Outlet, Talon 3300p Alarm, NMN Mud Flap and TipZ LEDs, SpyderLovers Emblems, Kuryakyn Widow Pegs and Axel Trim, Luimoto seat skin, Evo Air Filter and O2 Mod, Cranker Tank Bag, Blue Sea fuse block, MAD/AMS/MBG, Oddyssey battery, IPS.

    Service Bulletin Applied: Gen II parking brake, 2nd SW patch, evap can/hose update, Gen II DPS

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    Very Active Member ArmyJoe's Avatar
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    Quote Originally Posted by 3wheeldemon View Post
    I will trade if there is a sportier version in a couple of years or earlier if anybody, Japanese or HD, comes our with a leaning trike.
    Why would you want a leaning trike? That seems the worst of both worlds. The best thing about a trike is it's stablility (ie, not having to put your foot down or balance it). A leaning trike negates all that. Can you imagine trying to pick up a trike that fell over?


    2009 Yellow SM5 with BRP R35 saddlebags, CHAD windshield, ESI Up & Out Mirror Extensions, ESI 4" Handlebar Risers, Hindle muffler, Green Filter, Juice Box Pro, Throttlemeister, Crampbuster, Cortech Sport Tailbag, trunk liner, trunk spring, 12V trunk outlet, Eastern Beaver PC8 Fuse Panel, and two dashboard Powerlet outlets.

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