The Used Harley Market - Chicagoland Sportbikes
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post #1 of 87 (permalink) Old 03-21-2006, 03:47 PM Thread Starter
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The Used Harley Market



I find it extremely annoying everytime I open up a cycle trader or any kind of motorcycle classifieds and 75% of the book is filled with people trying to sell there Harley Davidson for way too much money. The market is way too flooded and everbody wants to sell there bike for an unbelievable amount of money!!! What is this crap? WHY???? More than half of the Harleys cost more than if you walk into a dealer and buy one brand new. Or pretty close. Why would I want to by Joe Bobs used bike with 5K on it when I can get that same bike for the same price brand new??? They claim it has this motor mod and that chrome and all this accessories and they try and sell it for exactly how much money they have into it. It's a used freakin motorcycle!!! It is not brand new!!! Why should I pay the price you paid for everything???

On top of that, the things handle like crap, don't make a lot of power and aren't as reliable as a lot of different brands of bikes.

I Love cool cruisers, Harleys are cool as hell. I would love to have one. But I can't stand how much they cost, and there is no real reason why they do cost as much as they do.

How about this question! If everbody wants one (Supply and demand) then why is everybody selling them? Why are the classifieds so filled with them?

I just don't get it!!!

I had to get that off my cheast.



Sorry for the rant.

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post #2 of 87 (permalink) Old 03-21-2006, 03:54 PM
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I like it when Swerve goes to an insurance auction and finds a crispy, rolling chassy Harley that was pulled outta a garage fire or something and it pulls in more money than a running sportbike.

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post #3 of 87 (permalink) Old 03-21-2006, 03:54 PM
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Thats just the way it is. Harleys are money pits, Harley owners dont just ride thier bikes, they dump shitloads of money into them and we all know that the people who want harleys want to do the exact same thing. In the sportbike world you look at a used sportbike and you know its been beat to death, with a harley chances are mechanicly its perfect plus it has all of the accesories you want. now its worth it to buy the used one. yes it is the opposite of the jap market.




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post #4 of 87 (permalink) Old 03-21-2006, 03:58 PM
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post #5 of 87 (permalink) Old 03-21-2006, 04:04 PM
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They do that because they can. If you could get away with it with sportbikes, you would. You don't sell it for what "it's worth", you sell it for what you can get for it. If that is a couple grand more than new, more power to you. A lot of the cruiser riders have way more money than they know what to do with, so they don't mind paying it. As Tony said, if it's accessorized to their liking, it's less work for them.

The downside is that people who truely want, work, and save for them have to REALLY do that in order to get one. Since their popularity covers pretty much every demographic in terms of income, race, gender, the resale is super high.

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post #6 of 87 (permalink) Old 03-21-2006, 04:06 PM Thread Starter
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Quote:
Originally Posted by logtar
You are just jelous hoppa.
Not really. I could sell my whole garage, all my motorcycles, tools, gear, spares for racing, my trailer, pawn off a few things here and there and go buy a big fat heavy no good handling ready to blow up after I rev it past 6k shiny chrome Harley.

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post #7 of 87 (permalink) Old 03-21-2006, 04:08 PM
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Quote:
Originally Posted by Grasshopper
Not really. I could sell my whole garage, all my motorcycles, tools, gear, spares for racing, my trailer, pawn off a few things here and there and go buy a big fat heavy no good handling ready to blow up after I rev it past 6k shiny chrome Harley.

yeah dude, then you could buy a "real bike"

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post #8 of 87 (permalink) Old 03-21-2006, 04:09 PM
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Quote:
Originally Posted by Sticky
yeah dude, then you could buy a "real bike"
you mean one with pedals?





heehee, that's my standard response to people who say that.

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post #9 of 87 (permalink) Old 03-21-2006, 04:12 PM
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...and you can pretty much sell anything with a Harley logo on it. Hell, you could pull some lint out from behind your nutsack, and you'll get $50 for it if it came from fabric residue from your Harley boxers...

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post #10 of 87 (permalink) Old 03-21-2006, 04:15 PM Thread Starter
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I need to get a Harley Fast. Rachel and I have too much Harley clothing. We need the bike to match!

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post #11 of 87 (permalink) Old 03-21-2006, 04:18 PM
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The market today is NOTHING like it was 10 years ago. Shit, I sold my (beat-to-shit) 1983 FXRS for $6500 in 1993 - about the same as it cost new. I used the $ to buy a brand-new '93 Heritage Softail - 18 months and 22,000 miles later I traded it in for a BRAND-NEW 1994 Electra-Glide Classic - AND MY LOAN PAYMENT ACTUALLY WENT DOWN!

When I sold the '94, it went for $1500 MORE than a new bike cost, just because there were no 'new' bikes to be had. If you weren't in tight with a dealer, you'd be lookin' at $1000 deposits and waiting lists. Owning a Harley became the "trendy" thing to do, and a lot of RUBs bought in at the height of the market.

Things have softened up a lot since then - Harley has increased production of its new models every year... and once the big 100th-anniversary shebang was history, a lot of folks were ready for the next 'fashion accessory'.

Yep, "gently-used", "chromed-out" bikes are coming out of the woodwork in droves... and these folks are really delusional in what they feel their bikes are worth. Hell, nowadays you can go to a dealership, pick what you want off the floor and even haggle over price!

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post #12 of 87 (permalink) Old 03-21-2006, 04:19 PM
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I agree with you on some things as some of all types of bikes (cruiser to sportbikes) are overpriced when people try to sell them, BUT they have that right to ask what they want and if some idiot is willing to pay the price what do you care??

Also if they are POS as you say, why do you even want one then???????


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post #13 of 87 (permalink) Old 03-21-2006, 04:24 PM Thread Starter
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Quote:
Originally Posted by CHeYeNNe
Also if they are POS as you say, why do you even want one then???????
Dude!!! Because Harleys are COOL!!!

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post #14 of 87 (permalink) Old 03-21-2006, 04:36 PM
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So your into it for the coolness factor? Bro I hate to tell ya but you better buy the whole damn factory then


















































J/K


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post #15 of 87 (permalink) Old 03-21-2006, 04:39 PM
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Quote:
Originally Posted by Grasshopper
Dude!!! Because Harleys are COOL!!!
Exactly!




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post #16 of 87 (permalink) Old 03-21-2006, 04:42 PM
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Quote:
Originally Posted by KBOlsen
The market today is NOTHING like it was 10 years ago. Shit, I sold my (beat-to-shit) 1983 FXRS for $6500 in 1993 - about the same as it cost new. I used the $ to buy a brand-new '93 Heritage Softail - 18 months and 22,000 miles later I traded it in for a BRAND-NEW 1994 Electra-Glide Classic - AND MY LOAN PAYMENT ACTUALLY WENT DOWN!

When I sold the '94, it went for $1500 MORE than a new bike cost, just because there were no 'new' bikes to be had. If you weren't in tight with a dealer, you'd be lookin' at $1000 deposits and waiting lists. Owning a Harley became the "trendy" thing to do, and a lot of RUBs bought in at the height of the market.

Things have softened up a lot since then - Harley has increased production of its new models every year... and once the big 100th-anniversary shebang was history, a lot of folks were ready for the next 'fashion accessory'.

Yep, "gently-used", "chromed-out" bikes are coming out of the woodwork in droves... and these folks are really delusional in what they feel their bikes are worth. Hell, nowadays you can go to a dealership, pick what you want off the floor and even haggle over price!

Good insight there. I imagine that in short time the used bubble will burst and you'll be able to pick one up for a reasonable amount. You got to wait it out though.

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post #17 of 87 (permalink) Old 03-21-2006, 04:44 PM
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It's already happening, just some people haven't caught up to it YET!


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post #18 of 87 (permalink) Old 03-21-2006, 04:48 PM
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Quote:
Originally Posted by CHeYeNNe
It's already happening, just some people haven't caught up to it YET!
Yup, it is going down. of course anyone over the age of 40 who has been riding them and selling them for years still does not acept this fact. they just think its the economies fault that thier bikes are nto selling as fast as they used too. they dont realize Harley killed thier reslae value by upping production the way they did. once the waiting list disappeared and dealers couldnt charge over sticker for them becasue of that. the over priced used market fell apart. Now they are more reasonable.




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post #19 of 87 (permalink) Old 03-21-2006, 04:52 PM
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I'll tell ya why they're soooo expensive. And, I'll tell ya in one word.

YUPPIES !!!!!


It's also why I can't get my 49' worked on at a Harley dealer and why I can't get an oil change without droppin' at least a C note.

As I've said before, "Die Yuppie Scum!"

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post #20 of 87 (permalink) Old 03-21-2006, 04:53 PM
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Hmmmmmz hope I'm not a YUPPIE!!!


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post #21 of 87 (permalink) Old 03-21-2006, 04:55 PM
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Yuppies don't live in Joliet bro...
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post #22 of 87 (permalink) Old 03-21-2006, 04:56 PM
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Quote:
Originally Posted by Reverend Rice
Yuppies don't live in Joliet bro...
you havent been to the far west side where I live

theres more tahoes and hummer H2's than you can shake a stick at




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post #23 of 87 (permalink) Old 03-21-2006, 04:58 PM
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Hell Plainfield/Shorewood and Parts of Joliet are definetly yuppies.


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post #24 of 87 (permalink) Old 03-21-2006, 05:07 PM
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Yuppies are everywhere. They're kinda like the zombies from Dawn of the Dead. One day they're your cool best friend then, BAM, ya turn around and they're yuppie scum. Pretty soon all they talk about is how much they spent for this and that, start wearin' Khaki pants and knit shirts with cute little animal symbols on them. And, that's when they're not even at work. Watch out.

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post #25 of 87 (permalink) Old 03-21-2006, 05:15 PM
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Quote:
Originally Posted by Reverend Rice
Yuppies don't live in Joliet bro...


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post #26 of 87 (permalink) Old 03-21-2006, 06:06 PM
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Quote:
Originally Posted by CHeYeNNe
Hell Plainfield/Shorewood and Parts of Joliet are definetly yuppies.
Shorewood is the next Hinsdale. Buy land there now if you can afford it. you shoudl see some of the things that town is planning. I'm thinking about buying a lot there.




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post #27 of 87 (permalink) Old 03-21-2006, 06:48 PM
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i think its simple.

jap bikes "sportbikes" change from year to year, most all same model!

which means older technology"SP"? is out of date, they keep getting lighter, faster, more efficent, and better equipment.

which drives the cost of the used market in the bucket.

cruiser jap bikes, american type cruisers, usually stay the same for a decade before something is changed on them. keeps the bike in a sense equal to equal market value.


h.d/choppers are up there cause they have stuck to a format that works for resale. jap sportbikes dont.

when you buy a jap bike for 10k and under, face it, its gonna be junk and out dated next year if not 2 years.

when you buy a 20k harley or goldwing they hold there value with good market resale because they are a higher end build, less engine rpm producing engine with conserves the engine and all attached to it.


people always try to get a deal, people will always haggle and some people are stright up tight ass's. sometimes they luck out and buy a bike off a guy that isnt hurting for money at a great deal. most often times normal white collar is trying to get a good buck to roll it over on some other bike.

internet has distroyed the jap market along with jap bike makers in the sportbike world.


they dont stick with any format for any amount of time to keep the playing field equal.



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post #28 of 87 (permalink) Old 03-21-2006, 06:53 PM
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I was happy to rent a fatboy for 2 years for $500

paid $18k and change
sold it two years later for $17.5k
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post #29 of 87 (permalink) Old 03-21-2006, 06:56 PM
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Quote:
Originally Posted by Reverend Rice
Yuppies don't live in Joliet bro...

each day there is less and less in chicago, wonder where they are going?


city sucks ass for living, over priced piled up highrise condos so you can walk to work out of your 300k , 1000sft condo and walk past the homeless 1 legged begger, the can collector and his pimped out gold shopping cart, the bag ladie that your surpised hasnt died yet, and the amount of rats that knock you over cause they are the size of a rott.

ive had my city year of life growing up, and glad to say this yuppie doesnt live in the city no more.


if the term young and having a great paying job with the freedom of having time at your leasure defines a yuppie, there are tons of them out in the western burbs of joliet reaching up to naperville.


times are changing boy.



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post #30 of 87 (permalink) Old 03-21-2006, 07:00 PM
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Quote:
Originally Posted by HDTony
you havent been to the far west side where I live

theres more tahoes and hummer H2's than you can shake a stick at

thats to say the least, it seems the fade around here for the stay at home soccer moms are to pimp H2's and H3's along with navagators and escaldes with pimp daddys sporting that cadillac avalanch type truck thing.



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