Bang for Yer Buck...
- Funkycowie
- Admin
- Posts: 4606
- Joined: Sat Mar 21, 2009 8:23 am
- Current Ride: Honda NC750x
- Location: Essex, UK.
Re: Bang for Yer Buck...
I bought my B125 brand new 8 years ago for £2500 and could have sold it for £650 like phil did when I sold it to him for £250 because I just wanted rid of the pile of shit, then I bought a second hand Nexus 500 for £2500 which can be had for £2100 now with similar mileage and being 2 years older... sure I spent about £400 fixing issues in those 4 years but it just does not add up to me any more to buy new.
Re: Bang for Yer Buck...
gn2 wrote:Mmmm... hydraulic valve adjusters... very sexyMr Angry wrote: CBX 750F
The rather pretty CB750F2N also had that feature.
Why can't Hondas have that now...?
I had one of those,
it was exactly the same as that one................................wish i had not sold it!
-
- Benefactor
- Posts: 1018
- Joined: Sat Mar 21, 2009 1:48 pm
- Location: Norfolk
Re: Bang for Yer Buck...
I sold it for £450.Funkycowie wrote: could have sold it for £650 like phil did
-
- Benefactor
- Posts: 717
- Joined: Mon Apr 13, 2009 5:11 am
- Current Ride: Vespa GTS 300 SS
Re: Bang for Yer Buck...
Ive never understood why people worry about depreciation or fail to understand why it happens. Say you bought a washing machine for £400 and three years later you wanted to sell, youd be lucky to get £100.
So, you buy a bike and it loses money, but youve ridden it for miles, it has rust, worn out components and stonechips etc. It should devalue and it does... never ever has bothered me. Ive lost a small fortune over the years on bikes and cars but so what, Ive enjoyed it
So, you buy a bike and it loses money, but youve ridden it for miles, it has rust, worn out components and stonechips etc. It should devalue and it does... never ever has bothered me. Ive lost a small fortune over the years on bikes and cars but so what, Ive enjoyed it
- Funkycowie
- Admin
- Posts: 4606
- Joined: Sat Mar 21, 2009 8:23 am
- Current Ride: Honda NC750x
- Location: Essex, UK.
Re: Bang for Yer Buck...
thats even worse depreciation thenGinger Phil wrote:I sold it for £450.Funkycowie wrote: could have sold it for £650 like phil did
- capitano
- Admin
- Posts: 1553
- Joined: Sun Mar 22, 2009 3:50 pm
- Current Ride: Burgman + Cub90
- Location: Brighton, South Coast UK
Re: Bang for Yer Buck...
Me neither, although through 13 years riding Harleys I hardly saw any!barryG wrote:Ive never understood why people worry about depreciation or fail to understand why it happens. Say you bought a washing machine for £400 and three years later you wanted to sell, youd be lucky to get £100.
So, you buy a bike and it loses money, but youve ridden it for miles, it has rust, worn out components and stonechips etc. It should devalue and it does... never ever has bothered me. Ive lost a small fortune over the years on bikes and cars but so what, Ive enjoyed it
I'm of the school of thought that if a bike has to go, it goes for whatever anyone will pay for it, whether that represents my, or anyone else's estimate of "market value" or not.
-
- Posts: 219
- Joined: Tue Oct 26, 2010 8:03 am
- Current Ride: x8 400i.scorpa125
- Location: sidcup
Re: Bang for Yer Buck...
i used to go out every satday night with pals an spend £60+ on beer kebabs and taxi home..... at least with bikes you have something to show for it..!
i just sold my trailbike.... i got it for £1850 2 years ago...and just sold for £1500.... so what it depreciated a bit ...but it was a handy machine to own and enjoy for that time....
i just sold my trailbike.... i got it for £1850 2 years ago...and just sold for £1500.... so what it depreciated a bit ...but it was a handy machine to own and enjoy for that time....
- halfabusa
- Benefactor
- Posts: 1339
- Joined: Thu Mar 26, 2009 5:17 am
- Current Ride: Honda NC750X DCT
- Location: Welling, Kent
Re: Bang for Yer Buck...
I think there's also a balance on the market between the brand new vehicle buyers and second hand buyers. If more people believe in buying brand new, 2nd hand market will have more saturation, therefore cheaper cars/bikes, and more depreciation for the 1st buyers. If more people want 2nd hand, then the 2nd hand prices will go up, less depreciation on 1st buyers but less choice for 2nd handers.
I prefer the first option so that there are more vehicles on the 2nd hand market
I prefer the first option so that there are more vehicles on the 2nd hand market
-
- Benefactor
- Posts: 3184
- Joined: Fri Jan 08, 2010 8:50 am
- Current Ride: Burgman 400 ZA L0
- Location: Manchester UK
Re: Bang for Yer Buck...
Around here the 2nd hand market is called "Horobags", I've never seen him completely saturated, just a bit giddyhalfabusa wrote:.... 2nd hand market will have more saturation, therefore cheaper cars/bikes
WE ARE THE BURG resistance is futile
The Ugly Bunch-1
The Ugly Bunch-1
-
- Posts: 219
- Joined: Tue Oct 26, 2010 8:03 am
- Current Ride: x8 400i.scorpa125
- Location: sidcup
Re: Bang for Yer Buck...
the 2nd hand market seems expensive at the moment...... i also sold my beta trials bike 2 years ago for £900.... absolutely mint cond..... the same model now i will be lucky to get for £1200.... ?