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On the Fence More Than Ever About Purchasing a Spyder....
- Thread starter newbert
- Start date
jimmybarton
Member
REsponce to ROAD-KILL
I think your figures are a little deflated. I've been shopping for a spyder for about a year and I live in New Orleans where we have at least 3 or 4 dealers 30 to 45 min.s away and plenty of used bikes with the dealers and private owners. I've noticed most resale values depend on the style (RS being the lowest and RT's and F3's being the highest) and the age of the bike. As it is with cars or trucks. The most popular and highest rated dependable bikes resale is not much less than 20% the first 30 months. Of course if its all loaded with accessories you'll loose your investment but speaking purely about a stock spyder machine broken in with two year warranty not yet used up you won't loose more than 30%. The deals are out there if you have patience and on the flip side selling your machine isn't that hard either if you do a through job of advertising it with Cycle Trader, Spyderlovers, Craigslist, etc. Like I said, with a purchase as large as this you need to do a lot of research first to find the right bike and support and warranties and all the mechanics that need to be upgraded and the history, if possible, about the owner's maintenance record. All of this might not be possible but if your serious about getting your monies worth you'll shop smart so what you buy will be affordable for your wallet and you'll make a good return on your investment. Think of it this way - when gas prices go up, and they will, resale on gas guzzlers goes down. When the economy starts to suffer that's when luxury items (like the spyders) get sold real cheap. As the economy goes so goes prices. Look at the stock market - every time the Dow goes up gold goes down. Dow goes down gold goes up. Spyders are luxury items so they go up and down too but not as quickly since BRP changes their model priorities. The RT's and the F3's are the main bikes now with engine improvements and extras. You can get your good deals with the other model brands made before 2015 cause their outdated but still their good bikes, esp. the RS's. I'm not any kind of professional or economist I'm just a guy who enjoys the game of acquiring and selling things as much as having and using those things for recreation or utility. Thanks
I think your figures are a little deflated. I've been shopping for a spyder for about a year and I live in New Orleans where we have at least 3 or 4 dealers 30 to 45 min.s away and plenty of used bikes with the dealers and private owners. I've noticed most resale values depend on the style (RS being the lowest and RT's and F3's being the highest) and the age of the bike. As it is with cars or trucks. The most popular and highest rated dependable bikes resale is not much less than 20% the first 30 months. Of course if its all loaded with accessories you'll loose your investment but speaking purely about a stock spyder machine broken in with two year warranty not yet used up you won't loose more than 30%. The deals are out there if you have patience and on the flip side selling your machine isn't that hard either if you do a through job of advertising it with Cycle Trader, Spyderlovers, Craigslist, etc. Like I said, with a purchase as large as this you need to do a lot of research first to find the right bike and support and warranties and all the mechanics that need to be upgraded and the history, if possible, about the owner's maintenance record. All of this might not be possible but if your serious about getting your monies worth you'll shop smart so what you buy will be affordable for your wallet and you'll make a good return on your investment. Think of it this way - when gas prices go up, and they will, resale on gas guzzlers goes down. When the economy starts to suffer that's when luxury items (like the spyders) get sold real cheap. As the economy goes so goes prices. Look at the stock market - every time the Dow goes up gold goes down. Dow goes down gold goes up. Spyders are luxury items so they go up and down too but not as quickly since BRP changes their model priorities. The RT's and the F3's are the main bikes now with engine improvements and extras. You can get your good deals with the other model brands made before 2015 cause their outdated but still their good bikes, esp. the RS's. I'm not any kind of professional or economist I'm just a guy who enjoys the game of acquiring and selling things as much as having and using those things for recreation or utility. Thanks
ARtraveler
R.I.P. Dwayne
I think your figures are a little deflated. I've been shopping for a spyder for about a year and I live in New Orleans where we have at least 3 or 4 dealers 30 to 45 min.s away and plenty of used bikes with the dealers and private owners. I've noticed most resale values depend on the style (RS being the lowest and RT's and F3's being the highest) and the age of the bike. As it is with cars or trucks. The most popular and highest rated dependable bikes resale is not much less than 20% the first 30 months. Of course if its all loaded with accessories you'll loose your investment but speaking purely about a stock spyder machine broken in with two year warranty not yet used up you won't loose more than 30%. The deals are out there if you have patience and on the flip side selling your machine isn't that hard either if you do a through job of advertising it with Cycle Trader, Spyderlovers, Craigslist, etc. Like I said, with a purchase as large as this you need to do a lot of research first to find the right bike and support and warranties and all the mechanics that need to be upgraded and the history, if possible, about the owner's maintenance record. All of this might not be possible but if your serious about getting your monies worth you'll shop smart so what you buy will be affordable for your wallet and you'll make a good return on your investment. Think of it this way - when gas prices go up, and they will, resale on gas guzzlers goes down. When the economy starts to suffer that's when luxury items (like the spyders) get sold real cheap. As the economy goes so goes prices. Look at the stock market - every time the Dow goes up gold goes down. Dow goes down gold goes up. Spyders are luxury items so they go up and down too but not as quickly since BRP changes their model priorities. The RT's and the F3's are the main bikes now with engine improvements and extras. You can get your good deals with the other model brands made before 2015 cause their outdated but still their good bikes, esp. the RS's. I'm not any kind of professional or economist I'm just a guy who enjoys the game of acquiring and selling things as much as having and using those things for recreation or utility. Thanks
Have to agree, playing the game is half the fun of shopping for me. I do my homework and usually come away with a pretty good deal. Not so great on Spyders. Here, one dealer and the next closest is about 1500 miles away. One in Canada, and the rest lower 48. Since I have bought five from the same dealer, they don't rake me over to bad. I did pass on a F3 LTD though. To much for my liking. :yes: Cars I do very well on those. Have figured out most of the tricks and know how to use them. :thumbup:
I think your figures are a little deflated. I've been shopping for a spyder for about a year and I live in New Orleans where we have at least 3 or 4 dealers 30 to 45 min.s away and plenty of used bikes with the dealers and private owners. I've noticed most resale values depend on the style (RS being the lowest and RT's and F3's being the highest) and the age of the bike. As it is with cars or trucks. The most popular and highest rated dependable bikes resale is not much less than 20% the first 30 months. Of course if its all loaded with accessories you'll loose your investment but speaking purely about a stock spyder machine broken in with two year warranty not yet used up you won't loose more than 30%. The deals are out there if you have patience and on the flip side selling your machine isn't that hard either if you do a through job of advertising it with Cycle Trader, Spyderlovers, Craigslist, etc. Like I said, with a purchase as large as this you need to do a lot of research first to find the right bike and support and warranties and all the mechanics that need to be upgraded and the history, if possible, about the owner's maintenance record. All of this might not be possible but if your serious about getting your monies worth you'll shop smart so what you buy will be affordable for your wallet and you'll make a good return on your investment. Think of it this way - when gas prices go up, and they will, resale on gas guzzlers goes down. When the economy starts to suffer that's when luxury items (like the spyders) get sold real cheap. As the economy goes so goes prices. Look at the stock market - every time the Dow goes up gold goes down. Dow goes down gold goes up. Spyders are luxury items so they go up and down too but not as quickly since BRP changes their model priorities. The RT's and the F3's are the main bikes now with engine improvements and extras. You can get your good deals with the other model brands made before 2015 cause their outdated but still their good bikes, esp. the RS's. I'm not any kind of professional or economist I'm just a guy who enjoys the game of acquiring and selling things as much as having and using those things for recreation or utility. Thanks
What a dealer is selling a ryde for has nothing to do with what that dealer paid the owner.
What someone "asks" for a ryde vs what they get are usually as different as night-n-day.
There is NO RETURN ON YOUR INVESTMENT......There is NO INVESTMENT......ITS A FINANCIAL BLACK HOLE.
Buying a bike as an investment is like buying a paper shredder instead of opening a savings account.
Rogue Hawk
Active member
I hope its not like this fence
ARtraveler
R.I.P. Dwayne
I hope its not like this fence
Ouch!!!!!!!!!!!!!
SpyderF3-s
New member
Fun to ride, but expensive to own/maintain!
To me, your most important comment is that you "really want a Spyder". This is going to eat at you until you get one. So, first of all, how often did you try to contact the dealer who didn't call back? Do you know for sure that he's simply ignoring your calls, or could something valid be going on with him? If you discover he's a good guy after all, you've got competition back in your corner.
Secondly, as others have stated, aside from the computer crap, there may be other motorcycle mechanics near you who are authorized to sell Spyder parts and are competent to work on Spyders. I have such a dealer just down the road from me.
Thirdly, don't worry about how many months of the year you may not be able to ride. I've never known what it's like to be able to ride more than half the year. Having a blast every other six months is better than never blasting at all.
And, finally, my 2015 RT-S handles just FINE with all of her OE shocks and bars and alignments and everything else. Don't assume that you'll have to improve anything on a newer Spyder.
Life, as they say, is short. Don't look at expensive toys as dollar investments (you'll rarely gain). Look at them as emotional health investments whose returns are calculated in joy.
Secondly, as others have stated, aside from the computer crap, there may be other motorcycle mechanics near you who are authorized to sell Spyder parts and are competent to work on Spyders. I have such a dealer just down the road from me.
Thirdly, don't worry about how many months of the year you may not be able to ride. I've never known what it's like to be able to ride more than half the year. Having a blast every other six months is better than never blasting at all.
And, finally, my 2015 RT-S handles just FINE with all of her OE shocks and bars and alignments and everything else. Don't assume that you'll have to improve anything on a newer Spyder.
Life, as they say, is short. Don't look at expensive toys as dollar investments (you'll rarely gain). Look at them as emotional health investments whose returns are calculated in joy.
I will help you out
November '14 my wife and I stopped at a Spyder dealership and bought a '14 RTL on a wim. We got it for under $27 with an extended warranty. Did we like it? We loved it. 18,600 miles in two years. I really enjoyed it. We added about $1k in farkles. I was on my third pair of front tires with two alignments at 14,500 miles. I had it in four times for a coolant leak which was fixed on the forth trip to the shop. No big deal. The killer was when my wife started comparing CanAM Spyder dealers to Harley dealers. The Spyder was traded in late January. I have 3200 miles on my new ride. Do I regret buying the Spyder? Not at all. It was a really great ride, otherwise I would have not ridden the miles I did. It was all over Iowa, Kansas, Missouri and Nebraska. I am really glad I bought a Spyder even though I didn't keep it. I figure over less than two and a half years we have dropped about $70k in motorcycles with all involved. Go ahead and buy the Spyder. You will love it. Go have fun. Don't sit at home. Get off the fence.
November '14 my wife and I stopped at a Spyder dealership and bought a '14 RTL on a wim. We got it for under $27 with an extended warranty. Did we like it? We loved it. 18,600 miles in two years. I really enjoyed it. We added about $1k in farkles. I was on my third pair of front tires with two alignments at 14,500 miles. I had it in four times for a coolant leak which was fixed on the forth trip to the shop. No big deal. The killer was when my wife started comparing CanAM Spyder dealers to Harley dealers. The Spyder was traded in late January. I have 3200 miles on my new ride. Do I regret buying the Spyder? Not at all. It was a really great ride, otherwise I would have not ridden the miles I did. It was all over Iowa, Kansas, Missouri and Nebraska. I am really glad I bought a Spyder even though I didn't keep it. I figure over less than two and a half years we have dropped about $70k in motorcycles with all involved. Go ahead and buy the Spyder. You will love it. Go have fun. Don't sit at home. Get off the fence.
jimmybarton
Member
I agree but investments have a two-way street.
If I buy a car for X amount of dollars usually I'll loose Y amount of dollars when I sell it. Right? Right. Simple , basic, capitalistic, U.S. financial system. All Good
And what makes it even better is I can not only buy a car on terms to make payments (that will cost extra) but I can sell it for whatever price I desire without penalty. I may not get what I want but I can sell it and make money off the car.
If I rented a car or leased I wouldn't get a return on my payments - therefore there would be no investment per se. Just money out for the service of using a car for transportation. Simple. I trust you know where I'm going with this. Buying a spyder for any price and subtracting the amount I sold it for gives me a net loss but calculating the cost of renting that spyder if possible would well exceed my net loss therefore my investment was a net gain because the intangible rewards exceeded the tangible.
As the quote goes -
"What you plant is what you reap"
You buy a spyder motorbike to make a profit - you'll loose.
You buy a spyder motorbike to enjoy riding and sharing in the joy of expression - you'll gain far more than money can buy. Think on that
hyea:
If I buy a car for X amount of dollars usually I'll loose Y amount of dollars when I sell it. Right? Right. Simple , basic, capitalistic, U.S. financial system. All Good
And what makes it even better is I can not only buy a car on terms to make payments (that will cost extra) but I can sell it for whatever price I desire without penalty. I may not get what I want but I can sell it and make money off the car.
If I rented a car or leased I wouldn't get a return on my payments - therefore there would be no investment per se. Just money out for the service of using a car for transportation. Simple. I trust you know where I'm going with this. Buying a spyder for any price and subtracting the amount I sold it for gives me a net loss but calculating the cost of renting that spyder if possible would well exceed my net loss therefore my investment was a net gain because the intangible rewards exceeded the tangible.
As the quote goes -
"What you plant is what you reap"
You buy a spyder motorbike to make a profit - you'll loose.
You buy a spyder motorbike to enjoy riding and sharing in the joy of expression - you'll gain far more than money can buy. Think on that
hyea:
Navy Warrant
New member
Have owned two
I'm on my second Spyder. My first was a 2012 RT-S SE5 998cc V-Twin. I put 15K miles on it in 3 years. Rode it nearly coast to coast, to the North Rim of Grand Canyon, through 115 degree deserts, through the Rockies in Colorado, and more. Never had a single issue. And if I did, the BEST warranty would have fixed it without question costing me nothing, including road side service and towing which my motorcycle insurance also covers plus trip interruption coverage to help pay for lodging. For $800 I purchased the 3 year BEST extended warranty which covered it just like the original two year one. When I traded it in it had warranty left which was passed on to the new owner for a trouble free guarantee. My next (current Spyder) was/is a 2015 RT Limited SE6 1330cc 3 in-line ACE. The V-Twin is quicker off the start but I wanted the extra torque (power) for when I get around to buying a trailer. It is still quick as a bat out of hell. With it I've traveled throughout New England in the Fall including Cape Cod and more, in and out of deluge rain storms on the highway in Vermont, again completely trouble free. So I've tested my Spyders from 120 degree deserts to thunderstorms in Vermont to 30 degree Connecticut weather completely trouble free. I just yesterday purchased a 3 year extended BEST warranty for $750 (pays to shop around the dealerships because mine wanted $1100). I purchased it from a Spyderlovers.com dealer sponsor. All Can Am dealers will take the BEST warranty no matter where you purchased it (and many take a Zurich warranty though not all, like my dealer), and will work on your Spyder no matter where you purchased it. They still make money for the work. No, a Spyder ain't cheap, but neither is a BMW. That's why although I've never had an issue it's worth it to me for the peace of mind to have and maintain a warranty. It's better to have it and not need it than to need it and not have it. When the 3 year extended BEST warranty is up I'll either have a new Spyder or purchase a 5 year Zurich warranty which will be honored at a dealer a few towns away.
As far as modifications and added bells and whistles, it's like adding things to a Ferrari. Doesn't need them but may improve some things. I just purchased Doc Humphries complete RT belt vibration damper kit. Not needed, but will reduce/eliminate any belt vibration at certain RPMs that some, including me, find annoying. I verified with BRP that it does NOT void any warranty other than if the damper fails and or causes damage it wouldn't be covered. That's to be expected. I did also install BajaRon's beefier sway bar. The buffeting I felt on my 2012 on highways around semi's has been completely eliminated on my 2015 because of it, and the ride just feels more solid all around.
Like any vehicle it's not meant to be an investment. It's a vehicle, albeit an incredibly fun, exhilarating, memory making one that proves that it's not always the destination but always the trip. The picture below says it all. After my wife left in 2010 purchasing my Spyder saved my life, I think literally. I got away and found myself.
A Spyder's not for everyone, but it was for me. What can I tell ya? It's ultimately up to you. My advice is simply don't purchase one for any other reason than to treat yourself to an inward experience. If you purchase one for any reason outside of yourself you may regret it. In any case, good luck. And remember, sometimes you find yourself in the middle of nowhere and sometimes, in the middle of nowhere, you find yourself. If you'd be in the first group you may want to consider a car.
I'm on my second Spyder. My first was a 2012 RT-S SE5 998cc V-Twin. I put 15K miles on it in 3 years. Rode it nearly coast to coast, to the North Rim of Grand Canyon, through 115 degree deserts, through the Rockies in Colorado, and more. Never had a single issue. And if I did, the BEST warranty would have fixed it without question costing me nothing, including road side service and towing which my motorcycle insurance also covers plus trip interruption coverage to help pay for lodging. For $800 I purchased the 3 year BEST extended warranty which covered it just like the original two year one. When I traded it in it had warranty left which was passed on to the new owner for a trouble free guarantee. My next (current Spyder) was/is a 2015 RT Limited SE6 1330cc 3 in-line ACE. The V-Twin is quicker off the start but I wanted the extra torque (power) for when I get around to buying a trailer. It is still quick as a bat out of hell. With it I've traveled throughout New England in the Fall including Cape Cod and more, in and out of deluge rain storms on the highway in Vermont, again completely trouble free. So I've tested my Spyders from 120 degree deserts to thunderstorms in Vermont to 30 degree Connecticut weather completely trouble free. I just yesterday purchased a 3 year extended BEST warranty for $750 (pays to shop around the dealerships because mine wanted $1100). I purchased it from a Spyderlovers.com dealer sponsor. All Can Am dealers will take the BEST warranty no matter where you purchased it (and many take a Zurich warranty though not all, like my dealer), and will work on your Spyder no matter where you purchased it. They still make money for the work. No, a Spyder ain't cheap, but neither is a BMW. That's why although I've never had an issue it's worth it to me for the peace of mind to have and maintain a warranty. It's better to have it and not need it than to need it and not have it. When the 3 year extended BEST warranty is up I'll either have a new Spyder or purchase a 5 year Zurich warranty which will be honored at a dealer a few towns away.
As far as modifications and added bells and whistles, it's like adding things to a Ferrari. Doesn't need them but may improve some things. I just purchased Doc Humphries complete RT belt vibration damper kit. Not needed, but will reduce/eliminate any belt vibration at certain RPMs that some, including me, find annoying. I verified with BRP that it does NOT void any warranty other than if the damper fails and or causes damage it wouldn't be covered. That's to be expected. I did also install BajaRon's beefier sway bar. The buffeting I felt on my 2012 on highways around semi's has been completely eliminated on my 2015 because of it, and the ride just feels more solid all around.
Like any vehicle it's not meant to be an investment. It's a vehicle, albeit an incredibly fun, exhilarating, memory making one that proves that it's not always the destination but always the trip. The picture below says it all. After my wife left in 2010 purchasing my Spyder saved my life, I think literally. I got away and found myself.
A Spyder's not for everyone, but it was for me. What can I tell ya? It's ultimately up to you. My advice is simply don't purchase one for any other reason than to treat yourself to an inward experience. If you purchase one for any reason outside of yourself you may regret it. In any case, good luck. And remember, sometimes you find yourself in the middle of nowhere and sometimes, in the middle of nowhere, you find yourself. If you'd be in the first group you may want to consider a car.
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Navy Warrant
New member
I think your figures are a little deflated. I've been shopping for a spyder for about a year and I live in New Orleans where we have at least 3 or 4 dealers 30 to 45 min.s away and plenty of used bikes with the dealers and private owners. I've noticed most resale values depend on the style (RS being the lowest and RT's and F3's being the highest) and the age of the bike. As it is with cars or trucks. The most popular and highest rated dependable bikes resale is not much less than 20% the first 30 months. Of course if its all loaded with accessories you'll loose your investment but speaking purely about a stock spyder machine broken in with two year warranty not yet used up you won't loose more than 30%. The deals are out there if you have patience and on the flip side selling your machine isn't that hard either if you do a through job of advertising it with Cycle Trader, Spyderlovers, Craigslist, etc. Like I said, with a purchase as large as this you need to do a lot of research first to find the right bike and support and warranties and all the mechanics that need to be upgraded and the history, if possible, about the owner's maintenance record. All of this might not be possible but if your serious about getting your monies worth you'll shop smart so what you buy will be affordable for your wallet and you'll make a good return on your investment. Think of it this way - when gas prices go up, and they will, resale on gas guzzlers goes down. When the economy starts to suffer that's when luxury items (like the spyders) get sold real cheap. As the economy goes so goes prices. Look at the stock market - every time the Dow goes up gold goes down. Dow goes down gold goes up. Spyders are luxury items so they go up and down too but not as quickly since BRP changes their model priorities. The RT's and the F3's are the main bikes now with engine improvements and extras. You can get your good deals with the other model brands made before 2015 cause their outdated but still their good bikes, esp. the RS's. I'm not any kind of professional or economist I'm just a guy who enjoys the game of acquiring and selling things as much as having and using those things for recreation or utility. Thanks
Bought my then new 2012 RT-S SE5 for $27,000 here in NC. Traded it in (that's TRADED, not retail sale) 3 years later in 2015 for a value of $17,500 with nearly 15K miles on it.
Yes - Yes - I'M STILL HERE!
Thanks for all of the thoughts, guys. Just to be clear, I'm not looking to make a profit so don't take the word "investment" that I used so literally.
I have NOT come to a decision about a Spyder yet because of a family health emergency that has very suddenly come up over the last few days. Depending on how that pans out, it may impact me financially as well as emotionally and may well impact on my free time in a BIG WAY. So -- I'm delaying any decision on the Spyder for now.
Didn't mean to hide - I'm still here and reading the comments on the thread. If so inclined, keep 'em coming!
Thanks.
Thanks so much for your response, NW! I couldn't agree with your sentiments more. However, life may have thrown a monkey-wrench into my plans (See my previous post). Sometimes s__t just happens, I guess.
I never meant the word "investment" literally. All I meant was that a Spyder costs a chuck of change when you have nothing to trade for it.
I wasn't aware of the BEST warranty including roadside service and towing. That is really good to know! I assume that your 115 degree rides were in the desert southwest or even Death Valley? If roadside/towing coverage is guaranteed in areas like that, I'm sold on BEST!
BTW - What is a "Zurich Warranty".
And I like your quote at the end of your post too!
Thanks!
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I'm so sorry to hear this and I hope everything turns out well for all involved!
Bob Denman
New member
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