Resale value ? - Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums
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post #1 of 16 Old 08-10-2014, 11:10 PM Thread Starter
 
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Resale value ?

I bought my v-strom new in 06. I am thinking of doing something different. I've been looking at the for sale listings. It seem those bikes don't hold there value very well. Are is anything used selling well today? It's a shame to get give away a very versatile machine. Just saying.

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post #2 of 16 Old 08-10-2014, 11:27 PM
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Out here one of those with fairly low mileage goes for about $4k or a touch more. Considering most people probably paid somewhere around $6k for one new I don't see that as poor resale value over a space of 8 years. What do you think it should bring that would be 'good' resale value?l

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post #3 of 16 Old 08-11-2014, 02:48 AM
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Out here one of those with fairly low mileage goes for about $4k or a touch more. Considering most people probably paid somewhere around $6k for one new I don't see that as poor resale value over a space of 8 years. What do you think it should bring that would be 'good' resale value?l
I agree. They keep the resale value very well.
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post #4 of 16 Old 08-11-2014, 03:02 AM
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If you want to experience true motorcycle sales disappointment sometime, try selling a used Harley. There's no sting quite like that moment when you contemplate what you paid for it, and then finding out what someone is willing to give you for it.

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post #5 of 16 Old 08-11-2014, 04:12 AM
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Wees are bikes for the budget-conscious. Used, even more so. Best bet is to strip it down to stock, get what you can for it, and sell the accessories here. Could probably get almost as much for the accessories and still have the bike as I am currently asking for my Wee. Just can't bring myself to dissemble such a nice package...yet.

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post #6 of 16 Old 08-11-2014, 06:59 AM Thread Starter
 
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Yes LordSmoke you are right. This is a great bike. I have taken such good care of the bike. I think it should bring more. I must lower my price. Get what I can and move on.

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post #7 of 16 Old 08-11-2014, 11:00 AM
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Get what I can and move on.
Glad you finally realize that. Well, I got $17 in my wallet right now with your name on it...send me your address and I'll come get that bike out of your way for ya :mrgreen:

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post #8 of 16 Old 08-11-2014, 02:06 PM
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Values are always relative to the times and the geography, I have a friend in Indiana who had to ship his new Vstrom out of state at cost because there is no market for them there.
Around 1993 and 1994 I had two new HDs an owned both for two years. Sold them for what I had in them because the market was hot at that time. Its not that way anymore.
When its all said and done they are used bikes theres no reason in the world for a used one to value anywhere close to the cost of a new one,

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post #9 of 16 Old 08-11-2014, 02:16 PM
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With Harleys they were offering such good financing terms on new bikes that it made it just about pointless (at least where I'm at) to sell a used one. Cranking out 200,000 bikes a year kind of slams the used bike market, for sure.

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post #10 of 16 Old 08-11-2014, 02:36 PM
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Originally Posted by vonzipper View Post
I bought my v-strom new in 06. I am thinking of doing something different. I've been looking at the for sale listings. It seem those bikes don't hold there value very well. Are is anything used selling well today? It's a shame to get give away a very versatile machine. Just saying.
So, I'm not understanding, mainly because you have not posted what you thought you were going to get out of the bike.

The base bike in 06 probably set you back about 6k to 7K. I doubt it is ABS

How much were you thinking the base bike (with X amount of mileage/ no factory warranty and after a major change in the looks of the bike plus 8 years later) should go for?

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