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Trade-In Value

4033 Views 33 Replies 17 Participants Last post by  Salty
If anyone read my previous thread you will remember that I'm looking into a Cross Roads. One of the first things I always look into when I'm looking into a car, truck, or bike is the resale value. Since the only thing that I can compare to directly is the Vision versus the Ultra Classic or the Cross Roads versus the Road King. The only problem I can see with this comparison is the number of years that both bike have been around, but then again Victory itself hasn't been around all that long.

Anyway, I went to NADA and KBB and I noticed that the Vision and Cross Roads hold a $2000 disparity across the board with their H-D counterparts. I am sold that Victory is everything that H-D isn't. Victory has already shown the ability to beat H--D in technology (cast aluminum frame), customer appreciation (listening to what their customers want), and price (do I need to explain this).

Here is my question since I don't know much about many of the older bikes in the Victory line and how they compare to some older H-D models. Is this $2000 disparity just an effect of the newness of the said models or is this something that has shown itself over the entirety of the last 10 years?

Sorry that took so long but I want to makes sure that people realize I did go and do the homework first. I just need some help on the history.
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I think you will see Vic's resale value getting better. With the introduction of the new models and the lowering of MSRP on allot of models (bringing them down to a more realistic price) the resale value took a big hit. Now that the pricing is stablized you will probably see the same percentage difference between HD and Vic. HD may still be a little better but the gap will close.
 

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joeschmoe said:
Who cares about RESALE value...
Joe,
Let's start by saying I agree with you, to me residual value on arecreational vehicleis meaningless. But to allot of people it is very meaningful. Resale value gives you an outlook on how the company is doing as a whole. Ford has a better resale value then GM, we know where that went. No I am not saying Victory is going that route. Whatever we say or think, it is a fact that a major part of a buying decision for allot of consumers is resale value. In my case I talk with my dealer the other day about trading my 8-Ball. It is about 3 months old less then 1000 miles, I paid below MSRP OTD and I will still be taking a $4,000.00 hit. That's a huge hit almost 35% or so.
I will say, you get it and quite a few others above. A motorcycle should not be looked at as an investment and we should keep them until the wheels fall off but to a largeportion of the population that trades bikes every couple of years looking at the resale value has merit.
 

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stilcrazee said:
dsjr70 said:
SofaKingBlue said:
if you think trading bikes are expensive, try trading your wife for a newer model. it was cheaper to keep the old one.
A BIG +2 and counting....
You guys never learn...blow up dolls are soo much cheaper and disposable too.
I am old and hard headed... But my wives seem to be a disposable commodity also?
 
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