Sweet spot for when to sell? - Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums
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post #1 of 33 Old 07-29-2012, 11:18 AM Thread Starter
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Sweet spot for when to sell?

I am contemplating getting a sport bike, and therefore considering selling my 2007 DL650 with 52,000 miles. My question has to do with finding that sweet spot of when to sell the Strom. Is there a point where the reasonable market value starts to decline steeper than the miles rack up? We all know the Strom is capable of high mileage, but not every buyer is aware of that.

For example, my bike has been extremely reliable (as most Stroms are), with a TPS (throttle position sensor) being the only thing that's ever gone wrong with it. It has been religiously maintained and has never been wrecked (although I dropped it in the parking lot at work once). It also has just about every farkle known to mankind, including two sets of side bags (Givi E41's and E21's).

It's got 52,000 miles, though, and I'm putting more on every week.

If I were to sell this bike, based on what I've mentioned, should I consider selling it sooner rather than later? Or will the value more or less decline in a linear manner based on the mileage?

2007 Suzuki V-Strom 650, "The Grey Mule"
2012 Suzuki GSX-R750, "Shoot to Thrill" (sold 2017)

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post #2 of 33 Old 07-29-2012, 11:37 AM
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I'm certainly no expert on bikes, but with 52,000 miles, I'd guess you are at it or maybe even just a little past it. So I am saying here on out, it is your bike's buyer who'll get the benefit of the next 50,000 miles. Assuming not much goes wrong with it, their 50k will be much cheaper than yours was. This is the point where it would be good $-wise to keep it and "run it into the ground," but since you want a different bike, the sooner you sell it, the better for you.

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post #3 of 33 Old 07-29-2012, 11:41 AM Thread Starter
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Originally Posted by John V Strom, Jr. View Post
I'm certainly no expert on bikes, but with 52,000 miles, I'd guess you are at it or maybe even just a little past it. So I am saying here on out, it is your bike's buyer who'll get the benefit of the next 50,000 miles. Assuming not much goes wrong with it, their 50k will be much cheaper than yours was. This is the point where it would be good $-wise to keep it and "run it into the ground," but since you want a different bike, the sooner you sell it, the better for you.
That's just it ... do I keep it and basically ride it until it's worth nothing more than parts and scrap? Or sell it now and use that value toward another bike? I'm unsure. But, I definitely appreciate your perspective on the value's sweet spot, and is kind of what I suspect -- that IF I was going to sell it, it'd be better to do it now rather than later.

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2012 Suzuki GSX-R750, "Shoot to Thrill" (sold 2017)

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post #4 of 33 Old 07-29-2012, 11:48 AM
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Keep in mind, you won't get you're money back on farkles, you'll get more cash selling farkles off of the bike. As for the bike itself, it's still riding season and people can't afford a new bike, may i suggest you go to kbb.com and see what the values are. Price it as you see fit, seems to me you're in no rush to sell anyway.

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post #5 of 33 Old 07-29-2012, 12:03 PM
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Steve, only you can decide the value for yourself. I'm not saying your Strom has already bottomed-out, but it is six seasons old with 52k on it. What you could get for it is probably already on the low side, so I think it has more value to you as the current owner (since you own it). You could ride it until there isn't much left and get even more miles out of it. Keep in mind that other than maintenance, any miles you ride now are bank. A new sport bike is not. Just depends on how much you want that new bike and how soon. You gotta pay to play. Personally, I'd run the Strom into the ground because new vehicles often let down after the newness wears off and the debt is still there. So I'd say you are at the sweet spot to keep your Strom, rather than selling it.

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Last edited by John V Strom, Jr.; 07-29-2012 at 12:07 PM.
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post #6 of 33 Old 07-29-2012, 12:07 PM Thread Starter
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Originally Posted by John V Strom, Jr. View Post
Keep in mind that other than maintenance, any miles you ride now are bank. A new sport bike is not. Just depends on how much you want that new bike and how soon. You gotta pay to play. Personally, I'd run the Strom into the ground because new vehicles often let down after the newness wears off and the debt is still there. So I'd say you are at the sweet spot to keep your Strom, rather than selling it.
I'm not sure if it pertains to this discussion, but if I got a sport bike it'd be a used one and I'd work it so I wouldn't have any debt on it (hence the idea of selling the Strom to help pay for it).

Also, not sure if it pertains to this discussion, but carving up the twisties is what puts the biggest grin on my face and I'm at the point where I feel like I want more bike (engine, specifically) than the Strom can provide.

2007 Suzuki V-Strom 650, "The Grey Mule"
2012 Suzuki GSX-R750, "Shoot to Thrill" (sold 2017)

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post #7 of 33 Old 07-29-2012, 12:18 PM
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OK, didn't know all the details, but sounds like you have a good plan and are ready to move on from the Strom. In that case, I'd go back to my earlier sentiment and say the sooner the better. Andreas' advice of selling off some farkles might still be a good idea.

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post #8 of 33 Old 07-29-2012, 02:49 PM
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I think you should keep the Strom, buy a nice used sportbike off of CL, ride it to find out if that is the route you really want to go and if not you still have the trusty Strom and you can sell the sportbike and not lose a whole lot. At this point, I feel your Strom is not going to lose much value if you hold on to it and sell next season.

I'm at the point with mine that I love it and can't imagine being with out it. I'd love to get a new one but I know the value of my 09 with 32000 miles can't be worth a whole lot to anyone at this point, so I'll just ride it untill I have enough fun money saved up to buy a new one(maybe three or four years). I'm sure at that point the bike might be worth a couple grand so..........I'll probably keep it for a spare or for family to ride.

Good luck!

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post #9 of 33 Old 07-29-2012, 03:06 PM
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well or not

buy the new bike
ride both for a year, alternating
then sell the one you love the least
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post #10 of 33 Old 07-30-2012, 09:51 AM
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Start looking for a sportybike now, but wait until spring to sell the Strom.

At the end of the summer in the US of A, motorcycle values dive. It's a great time to buy that used sportybike you want, and the later in the season it gets, the better.

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