Wanna buy » New 2005 1000
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nplenzick
- Posts: 4
- Joined: Mon Oct 20, 2008 10:24 pm
- Location: Warrington, Pa
I ran across a dealer a few weeks ago who has a new 05 1000. No luggage or any other extras that I can tell. The price was in the mid 10's, I just said no thank you. Call's me up a few days latter and said they would make me an offer if I was still interested. I'm not feeling all that comfortable with the economy at the moment and I really don't need a second bike which is why I sold my 08 650 V Strom. Still I'm intrigued, what is a new 05 worth? It's 4 years old now no matter how you cut it. What do you guys think
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stickerbush
2006 1000 DS (Red)
- Posts: 208
- Joined: Fri Jul 13, 2007 8:48 pm
- Location: Seattle
- Contact:
I bought a new 06 model one year ago for $9995. With the economy the way it is I don't think this bike would be worth more than $8K.
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canyonchaser
2012 1200 (Red)
- Posts: 879
- Joined: Wed May 03, 2006 6:52 pm
- Location: Salt Lake City
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i actually paid a few hundred less than that for my leftover 06 a year and a half ago.
The thing is, it all comes down into how deep the dealer is into the bike. They have or are paying flooring. Plus what they pay for the bike. I'd guesstimate that $9,500 is as low as most dealers will go before taking a loss on the bike.
dp
The thing is, it all comes down into how deep the dealer is into the bike. They have or are paying flooring. Plus what they pay for the bike. I'd guesstimate that $9,500 is as low as most dealers will go before taking a loss on the bike.
dp
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maurojm
2005 1000 DS (Red)
- Posts: 19
- Joined: Fri Aug 25, 2006 11:25 am
- Location: Virginia
I paid $8000 for my 05 that had only 1400 miles on it from a private seller. This was in Jan 2007. If they want to sell it in this economy they should be able to do better.
My 2 cents
My 2 cents
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canyonchaser
2012 1200 (Red)
- Posts: 879
- Joined: Wed May 03, 2006 6:52 pm
- Location: Salt Lake City
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Businesses don't stay in business by selling products for less than they paid for them.
However, there is always the option of buying from a private seller.
dp
However, there is always the option of buying from a private seller.
dp
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nplenzick
- Posts: 4
- Joined: Mon Oct 20, 2008 10:24 pm
- Location: Warrington, Pa
I agree. The one selling point is it still has a full factory warranty and maintenance program with it.canyonchaser wrote:Businesses don't stay in business by selling products for less than they paid for them.
However, there is always the option of buying from a private seller.
dp
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dentguy
- Posts: 552
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- Location: USA
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Agreed, but businesses don't stay in business by not selling a product at all.canyonchaser wrote:Businesses don't stay in business by selling products for less than they paid for them.
Taking a small loss vs. not moving the bike at all ?
At least if they sell it they may make some of it back through the service dept. or accessories.
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SMunch
2007 1100S (Red)
- Posts: 244
- Joined: Wed Jun 11, 2008 2:24 am
- Location: Colorado
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Keep in mind, it's going to need new belts. If you bite on it, have them throw those in too.
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ej
2007 1100S (Red)
- Posts: 170
- Joined: Wed Jan 30, 2008 10:23 pm
- Location: Arlington, VA
Tough call but I was say pass. There are too many '07 & '08 in the 10s. They would have to really drop the price to earn my business on that bike. 10ish will buy you a new 07 S model. Just my .02 cents.
Good luck!
Eric
Good luck!
Eric
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nplenzick
- Posts: 4
- Joined: Mon Oct 20, 2008 10:24 pm
- Location: Warrington, Pa
Thanks for all the replies, it's pretty much how I feel. Right now my main ride is a BMW LT and it suits me just fine. I've been looking for something to replace my 08 V Strom which I sold a few weeks ago ( didn't expect to sell it so fast). I really don't need another bike until I hit the road again which will take place towards the end of Feb when bike week begins at Daytona. I travel by motorhome through out a good part of the year and the Lt takes up too much room in the trailer. Just test rode an 07 Tiger with an upgrade exhaust.......sweeeeeeeet! It's just to dam tall and seems expensive to lower where I need it to be. I think I'll just sit tight for a while and keep an eye on things unless it's a deal I just can't pass up.