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09' Norge, holy crap. Almost like the first year. Glad I bought a leftover. $5200 trade in value!? $8 grand last year, unless Harley (2 different dealerships?) just really wanted my business.
I think I saw $1200 for a Termi slip on for the Scrambler, angled more the way it should.
If you didn't look at KBB last year, then you don't have any idea what it was.When you're trading for a high margin vehicle like a Harley (or luxury car), they can move some of the money from the new vehicle over to the "trade value" of your trade-in. You will never know what the ACV (actual cash value) is that the dealer places on your trade.
It's fine to "trade-in" a bike IF you hate selling them yourself. It's worth it to some people. But don't fool yourself. When you "trade-in" a bike, you are paying the dealer $1000 or $2000 or so to sell your bike for you so you don't have to do it. And for a "spur-of-the-moment" impulse buy, the pleasure of riding in to the shop on one bike and riding out on a new one may be worth the premium ..... But it IS a premium.
Up here in the tax haven of NY, when you trade, your sale price is reduced by the trades value, and so is the tax. So if you sell the bike yourself for the same price as you are offered in trade, you loose some money. Not sure about the structure of the Guzzi "rebate" or how it's written though..Peter
There's a lot to like about the new Duc Scrambler! Hell, it could almost get me to buy a Duc for myself...
I'm not sure what you paid for the Norge. But if you paid $14K an offer of around $6K would be similar depreciation to his Duc.
Playing tax games might be a way to save some money in those states. Given that the difference between wholesale and retail might be thousands, however, it'd have to be an awful lot of tax .... !Lannis
Just to play devils advocate, but I'm not sure $5200 was that crazy.My buddy bought a new Multistrada 1200 Touring in 2010. He paid $20K for it.Last week he stopped by the Duc dealer to look at a new Diavel. Another $20K bike.They offered him $9K in trade. 45% of his original retail.I'm not sure what you paid for the Norge. But if you paid $14K an offer of around $6K would be similar depreciation to his Duc. Plus you are trading on a $10K bike, not a $20K bike.And my buddies Duc is a year newer.Just saying, it wasn't that bad an offer.M
The dealer makes money on the trade=in and money on the sale of a bike. The use of KBB is a marketing tool for sales based on numbers. NADA is based on reported sales by member dealers. Either will give you skewed results based on their data. You as an informed consumer do the best you can and bend over when buying new. A new vehicle doesn't have to leave a dealer to lose "value". Zero miles on the bike and left sitting at a dealership. Title gets changed into you name. Booooom! The bike is used before moving off the lot. Keep the MSO and put some mileage on the bike. It's still new with mileage. Of course not feasible but you get the idea.Don't forget the taxes that have to be paid. Some states base their license fees on MSRP plus add in sales tax. Big bucks. :-* :-* :-*