Spyder values and the Economy?

[NancysToy]

That makes me Sick hearing my original 21k investment is now only worth 11 or 12k and I've got easily 6 or 7k in aftermarket mods on my 08 SE5 I bought in Oct 08 guess I will be riding mine till he'll freezes over cause there's no way I'm taking a loss like that Sooooo rediculous I figured when I purchased it it might drop in value maybe 4 or 5k but not over 10k :-( least mines runs beatifully knock on wood

Michael :cus:

One of the sad facts about toys is that mods are generally ignored at resale...and almost always at trade-in time. In effect, no matter what you have really spent, your original investment was $15K or so, slightly more for an SE. $11-$12K isn't that bad comparing to the original cost...about average for anything but a Harley or BMW, and better than the average Honda. It's like going to the movies, it is entertainment, not an investment.

 

[Smylinacha]

One of the sad facts about toys is that mods are generally ignored at resale...and almost always at trade-in time. In effect, no matter what you have really spent, your original investment was $15K or so, slightly more for an SE. $11-$12K isn't that bad comparing to the original cost...about average for anything but a Harley or BMW, and better than the average Honda. It's like going to the movies, it is entertainment, not an investment.

:agree::agree:

 

[boborgera]

One of the sad facts about toys is that mods are generally ignored at resale...and almost always at trade-in time. In effect, no matter what you have really spent, your original investment was $15K or so, slightly more for an SE. $11-$12K isn't that bad comparing to the original cost...about average for anything but a Harley or BMW, and better than the average Honda. It's like going to the movies, it is entertainment, not an investment.

:agree::agree: When i sell a bike i throw in all the extras free to seal the deal.
Don't have room in my garage for extra parts. Think of it this way, If
you buy furniture use it for a few years you might have to pay some body to take it away. With a bike you'll get some money for it.
Bikes are not a necessary that's why very few people out side of the bike world could give rat's a** about us. Investment no way!!

 

[WackyDan]

That makes me Sick hearing my original 21k investment is now only worth 11 or 12k and I've got easily 6 or 7k in aftermarket mods on my 08 SE5 I bought in Oct 08 guess I will be riding mine till he'll freezes over cause there's no way I'm taking a loss like that Sooooo rediculous I figured when I purchased it it might drop in value maybe 4 or 5k but not over 10k :-( least mines runs beatifully knock on wood

Michael :cus:

I've got my GIVI's, PC-8, outlets, windshield, etc.... I honestly don't expect those to add much value to a buyer. THe only things the mods add to a private sale to someone outside the Spyder community is perhaps to sweeten the deal or to make it more attractive to that buyer.

It is one of the reasons I'll be holding onto my GS longer to ensure I get all the enjoyment out of it and the mods I've made....

Kinda like remodeling the kitchen and then soon after putting the house up for sale. You won't get all your remodeling costs back, it may make the house sell faster, but you won't get to enjoy the new kitchen.

I digress.

 

[Roaddog2]

One of the sad facts about toys is that mods are generally ignored at resale...and almost always at trade-in time. In effect, no matter what you have really spent, your original investment was $15K or so, slightly more for an SE. $11-$12K isn't that bad comparing to the original cost...about average for anything but a Harley or BMW, and better than the average Honda. It's like going to the movies, it is entertainment, not an investment.

:agree:

 

[Paingod]

take the 11,000 and run....he`s giving you a little over trade. ....i guess he has a home for it

there comes a point where you just have to say NO!
And I Just wont do that! My Spyder is worth more than that to me!

I did find an alternate way to secure the funds on the new bike :2thumbs:
Without taking 11K for my spyder!!!

More info to come once I pick it up!!!

Thanks to all:thumbup:

 

[NancysToy]

there comes a point where you just have to say NO!
And I Just wont do that! My Spyder is worth more than that to me!

I did find an alternate way to secure the funds on the new bike :2thumbs:
Without taking 11K for my spyder!!!

More info to come once I pick it up!!!

Thanks to all:thumbup:

:thumbup:

 

[Firefly]

there comes a point where you just have to say NO!
And I Just wont do that! My Spyder is worth more than that to me!

I did find an alternate way to secure the funds on the new bike :2thumbs:
Without taking 11K for my spyder!!!

More info to come once I pick it up!!!

Thanks to all:thumbup:

Can't wait to see what you're getting....


I never saw the Spyder as any kind of investment--- well--- except an investment in my own FUN. Hard to put a price tag on that, but I'm pretty sure I'll have $20,000 worth of fun just during the first 3 years of ownership!

 

[SpyderWolf]

I never saw the Spyder as any kind of investment--- well--- except an investment in my own FUN. Hard to put a price tag on that, but I'm pretty sure I'll have $20,000 worth of fun just during the first 3 years of ownership!

:agree: Very well stated.

 

[Paingod]

Deal is DONE! I just got her home after a 22Hr Day!!

and she's a BIGGUN''''' :yikes: at over 900 pounds with fluids..

Just a bike I always had an eye out for, but they are Difficult to find and kinda Pricey..




Here she is: If this Pic thing works??

 

[dltang]

Deal is DONE! I just got her home after a 22Hr Day!!

and she's a BIGGUN''''' :yikes: at over 900 pounds with fluids..

Just a bike I always had an eye out for, but they are Difficult to find and kinda Pricey..




Here she is: If this Pic thing works??

very nice :2thumbs:

 

[Smylinacha]

very nice!:2thumbs:

 

[SpyderWolf]

:2thumbs:

Very nice indeed!

:congrats:

 

[Tom in NM]

I was just wondering about this last night . . . .

. . . . . yup, you are right - a real beauty. :thumbup:

Tom