It's definitely a buyers market here in Arizona. The used bike market is dead. I'm seeing clean low milage Harleys from the 90's through 2010 that are listed at thousands less than a year ago and they're not selling.
Wording in the many of the ads are:
"taking any reasonable offer", "must sell", "need gone this week" and "need money".
The main stream media may be saying the economy is as good as ever, but my eyes, 401K and checkbook are seeing different.
I hope that trend finds it way north. I’ve been looking for two Harley’s, well one a sporty and the other a long weekender solo. Maybe a heritage, but other models will work. Problem here is everyone selling is high or above high retail. I made the long trip to Missoula with the plan to ride home. It was a wasted trip. Bike was trash in my eyes. Seller just lied and thought he could convince me it was a good deal. I’m looking and waiting. It will happen, but on my terms.
While not the case on this last bike, I wonder how many are upside down. Seems people think they only rode it 5-10,000 miles it should be worth 30% more. I like garage queens, but there is a limit on how much that adds to a realistic price.
Maybe I’ll look in Arizona and see what is selling. Im not going to buy one there, but just get an idea what’s happening price wise near you.
Added: Just looked. There are a lot of Apes down your way. Not a fad up here. Prices not too bad.
Last edited by son of the hounds; 01-08-2024 at 01:54 PM.
Speaking of used bike prices, what say the group on what I could get for a 2020 Fat Bob with <4,000 miles fully farkled with motor all stock. Paid to much then tossed in ~$5K worth of bolt-ons. (That's water on the driveway after washing not a leak. lol)
Calif-Fat Bob you'd be luck to get:
A = $16K ish
B = $14-$16K
C = $13-$14K
D = No one rides Fat Bob as the are a Harley abomination keep it.
I know it's winter. But I'm currently in California. No winter. People still ride around. Was thinking of putting my bike for sale.
But I can't help to notice that bikes that were going for 12k ,or so, a year or two ago are now struggling to sell at 9k.
Is this the used market finally coming to its senses? For a few years there, I thought I was holding on to gold with this bike lol.
Around this time last year and the year before there was no such thing as a winter slowdown. The bike I wanted kept getting bought under me wherever I looked in socal and dealers would just ignore you if you asked for the markup to be removed. We're definitely coming down from a craze in motorcycling.
Speaking of used bike prices, what say the group on what I could get for a 2020 Fat Bob with <4,000 miles fully farkled with motor all stock. Paid to much then tossed in ~$5K worth of bolt-ons. (That's water on the driveway after washing not a leak. lol)
Calif-Fat Bob you'd be luck to get:
A = $16K ish
B = $14-$16K
C = $13-$14K
D = No one rides Fat Bob as the are a Harley abomination keep it.
As others have mentioned GDP is up in part because of inflation.
No. When real GDP rises, that means that output is up after accounting for the effects of inflation. Economists never use nominal numbers, and so the effects of inflation are always removed when they discuss GDP. Real GDP is the highest it has ever been in the history of the data.
No. When real GDP rises, that means that output is up after accounting for the effects of inflation. Economists never use nominal numbers, and so the effects of inflation are always removed when they discuss GDP. Real GDP is the highest it has ever been in the history of the data.
So businesses are growing and it should be the highest it has ever been. You know…population growth, business growth, etc. leads to more output. And it 10 years, it will be at a new all time high. Unless your country is in a recession, it will always be going higher with time. What is your point? We all know the economy is not contracting (negative growth)…but is there another point your trying to make?
01-08-2024, 01:46 PM
