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Buyers market

  • Far Canal
    Far Canal
    4 years ago
    Noticed a Ducati multistrada with only 8328klms on it sell to a lone bidder on ebay for $5,800 today.
    That seems cheap!
    Sure it is a weird looking bike but blokes who have them usually like them. They go like the clappers and handle well.
    Here is the link, not sure if it will still work https://www.ebay.com.au/itm/114364068000?ul_noapp=true
  • tussuck
    tussuck
    4 years ago
    Man that is a fing ugly bike!  Nearly bought a new Paso once but 10 mins into the test ride I realised it was build for midgets!  Next bike i tried was an FXR which I bought!   Talk about a step up from a Suzuki GN250 though.   
  • Ratbob
    Ratbob
    4 years ago
    Not sure what this topics about but Mates in the industry reckon sales are well up. New/used are selling well, especially dirt/adventures
    Pauly probably has the figures!
  • Far Canal
    Far Canal
    4 years ago
    Was talking more about the second hand market Ratbob. Saw a very low mileage Honda 750 four go for $5100 on ebay about a week ago too. Be interesting to see what happens when this jobkeeper extravaganza ends.
  • Krash Kinkade
    Krash Kinkade
    4 years ago
    New bikes are selling, I went for a ride yesterday & one guy was saying he was in Canberra at a dealer ( don't know what brand? ) & everything had been sold. & there is snow up there.
  • tussuck
    tussuck
    4 years ago
    Quoting Far Canal on 26 Aug 2020 10:00 PM

    Was talking more about the second hand market Ratbob. Saw a very low mileage Honda 750 four go for $5100 on ebay about a week ago too. Be interesting to see what happens when this jobkeeper extravaganza ends.

    I think thats the nail on the head...Once the Jobkeeper holiday wraps up then we will see a buyers market.
  • Mr.Mow
    Mr.Mow
    4 years ago
    I bought a brand new r9t racer BMW from a dealer for nearly $10k off, had every option possible, $15900 out the door. Crazy cheap 
  • paulybronco
    paulybronco
    4 years ago
    Quoting Ratbob on 26 Aug 2020 11:46 AM

    Not sure what this topics about but Mates in the industry reckon sales are well up. New/used are selling well, especially dirt/adventures

    Pauly probably has the figures!

    Why thanks for the intro....HD has led the combined road bike segment with more than 176 extra sales than second placed Yamaha with Honda running third. HD has 6 models in the top 10 cruiser market, Street 500 being the winner up 47% , other notables are Low rider s and FXBB.
    The upshot is that due to the COVID factory closures with all brands of bikes new models are not all that freely available and thats caused the huge uptake of used bikes that Ratbob was making reference to. Dealers are running short of used stock and if your dealer hasnt sent you a email asking if you want to sell your bike your about to get one.
    The sales have been that strong that the largest, and only, ASX listed bike shop group in Australia, Team moto are being seriously looked at by stock brokers as a "buy" recommendation to their clients.
    Lastly HD are pushing strongly to get their Pan America to market due to strong interest in that segment at the expense of dropping their naked sports bike and new generation sportster
  • Airhead
    Airhead
    4 years ago
    Quoting Mr.Mow on 27 Aug 2020 12:49 AM

    I bought a brand new r9t racer BMW from a dealer for nearly $10k off, had every option possible, $15900 out the door. Crazy cheap 

    Fuck that is a good deal.  Nice bike to.
    I am looking at buying an adventure bike so must be representative of the average Joe.  
  • Ratbob
    Ratbob
    4 years ago
    Quoting Ratbob on 26 Aug 2020 11:46 AM

    Not sure what this topics about but Mates in the industry reckon sales are well up. New/used are selling well, especially dirt/adventures

    Pauly probably has the figures!

    Quoting paulybronco on 27 Aug 2020 07:36 AM

    Why thanks for the intro....HD has led the combined road bike segment with more than 176 extra sales than second placed Yamaha with Honda running third. HD has 6 models in the top 10 cruiser market, Street 500 being the winner up 47% , other notables are Low rider s and FXBB.
    The upshot is that due to the COVID factory closures with all brands of bikes new models are not all that freely available and thats caused the huge uptake of used bikes that Ratbob was making reference to. Dealers are running short of used stock and if your dealer hasnt sent you a email asking if you want to sell your bike your about to get one.
    The sales have been that strong that the largest, and only, ASX listed bike shop group in Australia, Team moto are being seriously looked at by stock brokers as a "buy" recommendation to their clients.
    Lastly HD are pushing strongly to get their Pan America to market due to strong interest in that segment at the expense of dropping their naked sports bike and new generation sportster

    Thanks Pauly, don’t know how you keep up with it all. Cheers
  • bloodog
    bloodog
    4 years ago
    Just sold my Rocker  on bike sales there were 4 guys next in line to buy if the deal did not go through 
  • Airhead
    Airhead
    4 years ago
    Quoting bloodog on 28 Aug 2020 08:06 PM

    Just sold my Rocker  on bike sales there were 4 guys next in line to buy if the deal did not go through 

    I have been thinking of selling my Beemer, a R100RS.  I looked up the ones that were similar on bike sales for a guide to pricing and was surprised by the asking prices being so high for non original chopped up home made "cafe racers". 
  • brucefxdl
    brucefxdl
    4 years ago
    Quoting bloodog on 28 Aug 2020 08:06 PM

    Just sold my Rocker  on bike sales there were 4 guys next in line to buy if the deal did not go through 

    Quoting Airhead on 29 Aug 2020 12:11 AM

    I have been thinking of selling my Beemer, a R100RS.  I looked up the ones that were similar on bike sales for a guide to pricing and was surprised by the asking prices being so high for non original chopped up home made "cafe racers". 

    i often wonder,do these bikes eventually sell and at what final price ?
  • Airhead
    Airhead
    4 years ago
    Quoting bloodog on 28 Aug 2020 08:06 PM

    Just sold my Rocker  on bike sales there were 4 guys next in line to buy if the deal did not go through 

    Quoting Airhead on 29 Aug 2020 12:11 AM

    I have been thinking of selling my Beemer, a R100RS.  I looked up the ones that were similar on bike sales for a guide to pricing and was surprised by the asking prices being so high for non original chopped up home made "cafe racers". 

    Quoting brucefxdl on 29 Aug 2020 12:36 AM

    i often wonder,do these bikes eventually sell and at what final price ?

    That is exactly what I would like to know.
  • paulybronco
    paulybronco
    4 years ago
    Quoting Ratbob on 26 Aug 2020 11:46 AM

    Not sure what this topics about but Mates in the industry reckon sales are well up. New/used are selling well, especially dirt/adventures

    Pauly probably has the figures!

    Quoting paulybronco on 27 Aug 2020 07:36 AM

    Why thanks for the intro....HD has led the combined road bike segment with more than 176 extra sales than second placed Yamaha with Honda running third. HD has 6 models in the top 10 cruiser market, Street 500 being the winner up 47% , other notables are Low rider s and FXBB.
    The upshot is that due to the COVID factory closures with all brands of bikes new models are not all that freely available and thats caused the huge uptake of used bikes that Ratbob was making reference to. Dealers are running short of used stock and if your dealer hasnt sent you a email asking if you want to sell your bike your about to get one.
    The sales have been that strong that the largest, and only, ASX listed bike shop group in Australia, Team moto are being seriously looked at by stock brokers as a "buy" recommendation to their clients.
    Lastly HD are pushing strongly to get their Pan America to market due to strong interest in that segment at the expense of dropping their naked sports bike and new generation sportster

    Quoting Ratbob on 28 Aug 2020 11:44 AM

    Thanks Pauly, don’t know how you keep up with it all. Cheers

    Coming from the industry its nice to see a resurgence after a slow decline for so long. Team Moto, trading as motorcycle holdings , reported a 15.3mill profit after tax and that's on top of paying a further 24.3mill for the Cassons accessory brand. Interesting that they nearly turned over 1 million dollars a day as a group every day, 364million FY
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