Can't believe how many Harley's are on the market atm.
Over 100 Irons, over 100 500' s, over 60 1584 FatBobs, over 60 1690 Fatbobs, close to 100 Breakouts and numerous last 15 years bikes that are under different ID and spelling mistakes.
All on Bikesales. Seems a great time to buy a bike.
Baloffski I dunno what'll end up happening either but the current situation isn't sustainable. You're right people aren't going to give their current bikes away, most people can't afford to. But even if the majority hang out for what they're asking then that's going to mean less people buying new bikes from HD which will cause other problems. Me I reckon I might hang off until about June next year, when the new 107 tourers have been around for a little while and see how the market ends up.
Could be a contributing factor also,I beleve here in the West the downturn in the mining,construction,oil&gas industrys have stopped or slowed the disposable income to purchase and own boys toys ?
Two or three years ago the finger pointing was at the so called 'Grey Import' of bikes for the flood in the market place,that may have be a small factor IMO.
All vechicles depresheate and loose value over a period of time, a thing a lot of HD owners can't accept or don't want to know ! If you want to sell your bike, lower the price to meet the demand and market. [Sale's 101, page 1.]
Its a buyers market.
Holy chit that guy is dreamin' alright. I wonder what goes on in some peoples inds to think prices like that are in anyway realistic or justified........
His bike isn't even injected. Just WOW.
There's no doubt it's the "perfect storm" for used HD prices in Australia Bigger production numbers for years as mentioned by kiwidave No more minimal depreciation as mentioned by Smokey61 The end of " the boom" by keith , the "strong" Aussie dollar a couple of years back , new bikes being cheaper now than 8 years ago ! AND the grey imports of just a couple of years ago ( I know , I have one and I love it !) Both Perth HD dealers are CHOKING with used trade ins , some of them VERY nice low K's bikes indeed. A few weeks back Frasers had 8 used CVO's , Softails/Dynas/Tourers
Frasers Perth used to have an 18 month waiting list , and used Harleys sold privately the first weekend in the Sunday times. Surprisingly Frasers would not "stock" used Harleys for retail , (as they got huge money wholesale !) An old associate of mine has just bought from Frasers a one owner low K's 2008 Fatboy , really fancy mag wheels on it , chrome front end , Burleigh bars, quick release sissy bar and rack, "stage 3 kit" and Vance & Hines 2:1 Big radius etc etc etc.... He paid $18K retail out the door , a real sign of the times. ( The original owner had well over $40K in that bike , and I can well believe that !)
Most people just get stupid about what they THINK there bike is worth The dealers or Harley not sure which just got too greedy , they wanted more than the bikes worth and offered fuck all for trades they have killed there own market , Speaking to a guy last week who thinks his 2016 low rider is worth 22 grand ,, he paid 23500 , but reckons his extras . pipes and seat bring the value up ,, he can't see it when i said to him , for 23500 you got 12 months reg , dealer delivery , and gst included , and thats what you pay for the privalige of being the first owner , knock all that off and hen some more because its secondhand and you have the real value ,, he can't see it he actually thinks his bike will be worth more in a few years .
I said to hiim , your bike is running out of reg , so if i buy it , its 22 grand plus 12 months reg plus stampduty , more than a new one ,, his answer mines got extras ,,, firdst time harley buyer and quotes what the salesman told him about harley resale
harley's having a high resale value is a myth, 30 years ago yes, but recent history a definite no ! , if you let the conman salesjerk and his "blank canvas" bullshit get to you, it will cost you another $6k worth of options before the bike leaves the showroom floor, that's $6k the bike didn't need and $6k you will never see again, you have just made your bike harder to sell and will actually devalue resale, the problem with this blank canvas shit is that by cusomising your bike to your taste, is that you are the only one who likes it,
was gonna comment on a bike i saw on bikesales regarding low k's, all i could remember was it being a 2003, so i went back in to find it before i started running off at the mouth, had to get my facts straight, found it, check out all the bikes in the 2003 year, sort by
low k's, and there are 7 bikes with less than 2500kms, one of them still brand new, speaking of brand new there's also a '93 heritage softail "moo glide" brand new, also no k's, there must be a lot of people who have a lot of disposable income that's for sure,
A mate purchased a 2003 Dyna from the US this year and had it shipped over... it had only a couple hundred miles on the clock... total cost including shipping around $A7K.. a sign of the times.
Market in Oz has been saturated by grey imports... I'm in the market for a Street Glide Special, but I'll be keeping my Street Bob as I would be struggling to get $10K for it. Trade would be $6K...