Value of a low mileage 2016 Eldorado?

[rjamesohio]

A work acquaintence sent a person to me that inherited this low mileage Eldo. She asked me if I could help dispose of it.

I told her that Guzzis must be priced correctly to sell quickly, and then you need to find the right person for the model. It's not me on a new Eldo. Not my cup of tea.

BUT - I WOULD LIKE TO HEAR WHAT Y'ALL think this thing might be worth, and maybe someone is even interested for themselves.

2016 Eldorado, approximately 2400 miles, BLACK. I hear it's all 'farkled' (sorry, I know some of you HATE that term), but assume it has some nice accessories for now like bags, et al.

What's a fair price? Throw your best guesses out there. I can assure you I don't want it, and I'm going to see it tomorrow and hope to have some feedback. Whoever really wants it I'll hook you up, again I don't want it. But for now - I just want offers to her to be fair and at the same time attractive to the buyer because I know us Guzzisti all want 'a deal'.

Thanks in advance for your input.

[guzzisteve]

I would think new price minus 20%, look in NADA book.

[John A]

There was an  2016 Eldorado in northern MN with 6000 miles on it that the guy couldn't sell for 8000 bucks so he had the dealer come and get it. He said the dealer was going to give him a nice fish house as partial payment . Broke my heart when I was ready to send the guy money the wife nixed it.  I asked her if she wanted to move to Arkansas .

[rjamesohio]

 I should probably share with everybody that her husband bought it slightly used from a dealer and paid around 11 five. Of course she wants to get as much of their money back but frankly I think that would be a bit of a stretch so there you know what she’d LIKE to get, maybe thatll help with the opinions.

[John A]

I modified my post to fix the screwups
I heard it was not illegal to beat your spouse in Arkansas   

[flower_king001]

Here is a new 2018 for under $12,000

https://seacoastsport.com/inventory/?make=motoguzzi&model=eldorado&listing_order=year&listing_orderby=ASC

And looking at others I would say in the $9-$10,000 range

[s1120]

Not too long ago there were people buying new leftovers for around 10K...  so ya 11.5 isn't happening..    No help in value really...  I was thinking 8K was a good number...  but no real facts to support it.

[Ncdan]

Like most anything that is being sold, it will bring what the mark will bare, in other words, what someone is willing to give. Personally I’d say around 8k

[Dave Swanson]

Like most anything that is being sold, it will bring what the mark will bare, in other words, what someone is willing to give. Personally I’d say around 8k

Agree, With new leftovers going for 10k or a bit less, 8K would be about top dollar.  Anything higher than that and she will have it a long time.  The farther under 8K she advertises it for the faster it will sell. 

[Ncdan]

I reckon my 2015 1400 tourer will be buried with me, I’m not going to give her away. 

[TN Mark]

I’d guess $6500 might generate some interest. $7500 is over priced in today’s market.

[bigbikerrick]

Man, The market for used Guzzis must be really depressed! When the Eldo 1400 first came out, I thought about buying one. I am glad I didnt when there are deals like this available now .
Got any pics of the bike? Heck if the price gets down to around 6K, I may be interested!
Rick                                                                                                                                               

[John A]

If I find one this fall, I intend to buy one and make it do sidecar duty. by then sidecars on them should be purty well figured out.

[Cam3512]

$7,500-8,000 would be a good deal if it's in proper condition.  Everyone wants top dollar when selling, but cheaps out when buying.  Can't have it both ways.

[twowheeladdict]

If there is a Moto Guzzi dealer somewhat local to her I would get them out there to make her an offer on the bike.  She would be good to get $1000 above that offer selling it herself. 

[TN Mark]

If there is a Moto Guzzi dealer somewhat local to her I would get them out there to make her an offer on the bike.  She would be good to get $1000 above that offer selling it herself.

The trade in value is about $6900 according to KBB. I doubt a dealer would buy it outright for that. They’d likely offer around $5500. So yea, a $7000 asking price for private resale sounds about right.

It’s a shame for a seller because these are beautiful motorcycles. Sadly, there isn’t much of a market for them though.

[Tom]

Fast cash $7K.  If she wants more, she'll have to wait.  You're also pulling the burden.  Expect to get the blame. 

[Texas Turnip]

Auction the bike and be satisfied with what you got and move on. Or hold onto it for a year and it will sell for even less while you jack around with loads of wanna be test riders and broke buyers.

A rider had a big Breva that he wanted 4K for 3 years ago. He has dropped the price to $2k and he still has it.

Sure you are losing money on this bike, but move on.

Tex

[twowheeladdict]

Auction the bike and be satisfied with what you got and move on. Or hold onto it for a year and it will sell for even less while you jack around with loads of wanna be test riders and broke buyers.

A rider had a big Breva that he wanted 4K for 3 years ago. He has dropped the price to $2k and he still has it.

Sure you are losing money on this bike, but move on.

Tex

Especially if she is not able to keep the bike maintained while waiting for a buyer to appear.  When my uncle died at 42 back in 1985 I wanted to buy his very customized Honda CBX, but at 23 years old the family thought it was too much bike for me.  Instead it languished for 2 years while waiting for a buyer who ended up getting it for a song. 

[TN Mark]

If a dealer is going to buy it outright look for them to offer what the bike is bringing at dealer auctions. They are in the business to make money and there is no reason why they would spend and extra 2 or 3 grand to add to their inventory.

You're right. But I'd suspect at auction a 2016 Moto Guzzi Eldorado may only fetch about $2500. If it sells at all.

Someday, but not today, I plan to own an all black Eldorado 1400. There are some great deals on these bikes now but the timing isn't right for me to move on one. I still plan on waiting to see what Piaggio allows their Moto Guzzi brand to release for the 100th anniversary. I also believe had Moto Guzzi released the California Touring with the Eldorado styling they would have sold more than they have at this point.

IMHO, the Moto Guzzi Eldorado 1400 is by far the best looking middleweight cruiser available, period, from any manufacturer. And at the prices they actually sell for, it's also one of the very best deals to be had on just about any middleweight motorcycle. The biggest problem is the market is so small for these bikes. They're excellent motorcycles, but too few motorcyclists will consider taking a chance on one.

[rjamesohio]

Well I met with this poor lady yesterday and gave her the bad news. Unfortunately - I was the bearer of bad tidings, but Ce La vie.

She shared that the dealer had offered her $8000 back and she was incensed with him I told her she may want to reconsider, but she is having trouble getting past the fact that her husband paid what he did.

I left encouraging her to rethink her position no matter how badly she felt about it.

Thanks everyone for the input, but I wanted to advise that there will be no 'deal' to be had here so no-one is likely to see this particular Eldo for the price of their dreams.

Hopefully she'll sell it.

Ron

[Texas Turnip]

Ron,
Thanks for trying to help the lady out. It doesn't make any difference how much money you have in an item, it is only worth what the market is.

Years ago a trucker had a Marmon semi tractor that was eating him up on expenses. He kept saying he was building up equity in the truck. He ended up losing everything. Kenny Rogers was right, "you have to know when to fold 'em."

Tex

[TN Mark]

Well I met with this poor lady yesterday and gave her the bad news. Unfortunately - I was the bearer of bad tidings, but Ce La vie.

She shared that the dealer had offered her $8000 back and she was incensed with him I told her she may want to reconsider, but she is having trouble getting past the fact that her husband paid what he did.

I left encouraging her to rethink her position no matter how badly she felt about it.

Thanks everyone for the input, but I wanted to advise that there will be no 'deal' to be had here so no-one is likely to see this particular Eldo for the price of their dreams.

Hopefully she'll sell it.

Ron

Ron,

     It’s extremely impressive to me that the dealer offered her $8000. That’s as stand up a dealer as I ever heard of. Too bad that at this point she’s only looking at what was paid. Hopefully she’ll come around and thankfully accept the dealers very generous offer.

One of the rules I live by is: You can’t help the unwilling. You’ll frustrate yourself and they will resent you.

You did a very good deed by trying to help her.

[Chuck in Indiana]

Ron,

     It’s extremely impressive to me that the dealer offered her $8000. That’s as stand up a dealer as I e ever heard of. Too bad that at this point she’s only looking at what was paid. Hopefully she’ll come around and thankfully accept the dealers very generous offer.

One of the rules I live by is: You can’t help the unwilling. You’ll frustrate yourself and they will resent you.

You did a very good deed by trying to help her.

Sounds like Enzo.. (?)

[Tom]

Yeah....his bi-polar, disassociated, unmedicated responses were entertaining. 

[Chuck in Indiana]

Yeah....his bi-polar, disassociated, unmedicated responses were entertaining.

We're talking about 2 different Enzos.. 

[NC Steve]

We're talking about 2 different Enzos.. 

Indeed! But speaking of batshit crazy, whatever happened to the old boy?
Did he fall off a skyscraper while washing its windows?

[twowheeladdict]

You're right. But I'd suspect at auction a 2016 Moto Guzzi Eldorado may only fetch about $2500. If it sells at all.

Someday, but not today, I plan to own an all black Eldorado 1400. There are some great deals on these bikes now but the timing isn't right for me to move on one. I still plan on waiting to see what Piaggio allows their Moto Guzzi brand to release for the 100th anniversary. I also believe had Moto Guzzi released the California Touring with the Eldorado styling they would have sold more than they have at this point.

IMHO, the Moto Guzzi Eldorado 1400 is by far the best looking middleweight cruiser available, period, from any manufacturer. And at the prices they actually sell for, it's also one of the very best deals to be had on just about any middleweight motorcycle. The biggest problem is the market is so small for these bikes. They're excellent motorcycles, but too few motorcyclists will consider taking a chance on one.

Not sure I would call the 1400 line middleweight, when the range goes from 250 cc to 1900 cc in the V-twin cruiser segment.    I always saw the middleweights as the 900 line from Kawasaki, Yamaha and Harley 883 the 800 from Suzuki and the 750s from Honda. 

Are you looking solely at weight or are you looking at displacement or power?  The journalists compare the 1400 guzzi to the 1700 cruisers from other brands. 

[Tom]

That's the same thing as calling the MGX21 a middleweight.

[TN Mark]

A 1400 in today's large displacement cruiser range is clearly in the middleweight range of something like 900 to 1400. Sure the magazines compare a 1400 Guzzi to larger displacement motorcycles because that's all Guzzi has to offer for a comparison. Sadly too many of the comparisons I've read have the Guzzi's running well behind the competition. Yes, I know, a 750cc was a 'big' bike in decades past. That just isn't the case in the 2019 cruiser market.

But in a market where the big bikes are in the 107" to 2300cc range, a 1400 falls a bit short in engine size. Yes, I know, the 1400 is very peppy. I've ridden them many times at this point. Again, I know, an R6 can spank a big engined cruiser as well. Apples and oranges. If you're going to play in the large displacement cruiser/tourer range, have a large displacement engine to start with. Or look at it this way, the 1400 Guzzi is at the top of their class in a field of 900cc to 1300cc bikes from the four Japanese manufacturers.

Many on this site panned BMW for their forthcoming 1800 boxer twin. There are currently 5 models planned around that engine. I suspect if BMW prices them competitively against rivals like H-D and Polaris Indian they could do quite well. I only wish Piaggio would allow their designers to produce their own 1800 Moto Guzzi v twin version. Make it a dry sump to lower the engine in the frame a few inches while they're at it. A lower center of gravity would be another nice benefit.

I posted it before and I'll post it again now. Piaggio should deliver a complete 1400 engine/transmission along with a rear drive unit to the graduating class of designers at the Passadena School of Art and Design. Let the students determine everything else like swingarm length, frame geometry, wheel base etc and I suspect they'd come up with some gorgeous designs that with some tweeking could be production ready. Then again, there would have to be a much larger market for beautiful Moto Guzzi motorcycles.

IMHO, the current Moto Guzzi Eldorado is as beautiful a motorcycle as I've ever seen from Moto Guzzi. My first Guzzi was a 1977 Convert and my last a 2009 California Vintage so I think I qualify as someone who's been paying attention to Moto Guzzi for several decades now. So, why don't they sell in much higher numbers? Is it engine size alone? No, not by my book. Moto Guzzi advertising and their dealer network have been discussed repeatedly on this forum since the forum first started. The bottom line in North America at least is that after the brand being around for nearly 100 years, not enough people know about it.