- This topic has 6 replies, 6 voices, and was last updated 13 years, 9 months ago by eternal05.
Used or New?
-
AuthorPosts
-
July 22, 2010 at 2:35 am #4127kauffe9aParticipant
I found a used 2008 Versys for around $4000 at a dealership. What kind of additional fees can I expect to pay for this kind of bike. I understand that for a new bike you would have assembly fees and freight fees, but that wouldn’t be the case for this bike would it? I found a new 2009 Versys “on sale” for about $500 more (I think I could talk them down to $4000 though), but then I have to pay approx $600 in extra fees. Which is the better deal?
July 22, 2010 at 3:15 am #27683eonParticipantImpossible to say without knowing more about the 2008 bike. Like how many miles? I assume it appears to be in great condition but I think it really comes down to what you want. Is having a new bike worth the extra $1000 to you? But $4500 sounds like an amazing deal. A guy here got one for $5100 and I thought that was great. Remember the MSRP of the new ones is $7700.
July 22, 2010 at 1:48 pm #27682CBBaronParticipantIt seems to me that the no brainer is the new bike. You will have the warentee on the bike and not have the worry about what kind of abuse the previous owner inflicted on your bike.
Usually a used bike is a better deal but when the prices start getting that close I think it makes sense to go new. As mentioned that price is a significant percent off the MSRP.
Craig
July 22, 2010 at 9:52 pm #27697kauffe9aParticipantThe used bike only has 243 miles on it so it is pretty much like new.
July 22, 2010 at 11:06 pm #27698Jeff in KentuckyParticipantIf you plan to sell the bike in a few years, the one a year newer will be worth a little more when you sell it, it has a longer warranty, and you can break in the engine the first couple hundred miles the way you choose. Either of these is a great deal, I guess because the economy is so ruined now.
July 23, 2010 at 12:34 am #27701gitchy42ParticipantIt is likely that the only additional fees that you are going to have to pay for the used bike is licensing, which you are going to have to pay anyways. Possibly sales tax if you are in that kind of state, I’m not (Oregon).
That is going to save you at least $400-$600.
July 24, 2010 at 4:39 am #27723eternal05ParticipantI’d absolutely pay $5,000 for a brand-new, manufacturer-warranty-covered bike. I’ve purchased nothing but used cars in my lifetime, so I know the territory well. When you buy used your making a gamble:
“I bet the potential effects of previous owner mistreatment / bad luck are going to cost me less than the discount I’m getting over a new vehicle.”
But dude, I can’t tell you how unlucky you can get. My current car is a 2006 Audi A4 that I got used at a huge discount. Luckily, however, it was manufacturer-certified and came with a factory warranty (you know, “Certified Used Audi,” blah blah blah). If I did not have that factory warranty I’d be in debt right now. The car, pristine-looking and mechanically certified, has cost me $121 in repairs so far, but it’s cost Audi about $16,000. It’s needed a new clutch, a new engine, a new rear differential, and a complete replacement of the electronics package. If I was stuck with the real bills instead of a $40-and-change deductible each time….yuck.
If the difference is slim, I go new every time. All three of my motorcycles were purchased new. I got great deals on all of them (I paid just over $8K TOTAL–taxes, fees, everything–for a brand new GSX-R600), but I bought them new. That way I didn’t have to worry if the previous owner had fiddled with the carbs, or the electronics, or the cam timing, or poured olive oil into the oil tank, or made a habit of doing 1.5-mile stand-up wheelies down the interstate, …the list goes on and on. Believe me, you can run up a repair tab greater than the $600-1000 difference in price REAL fast if the used bike is in any way a dud. And it’s not always easy to know ahead of time. Go new. Seriously.
-
AuthorPosts
- You must be logged in to reply to this topic.