03-07-2015, 11:31 PM
(03-03-2015, 04:55 AM)DGShannon_imp Wrote:(03-03-2015, 12:50 AM)EGAlvarez_imp Wrote: With literally hundreds of new 2013's and 2014's sitting in crates across the country, it's not looking good for a 2015 (but I hope I am wrong!) Although this is great for consumers as I have seen the 2013's at $6999 and the 2014 Deluxe versions selling at $9999.
Wish I had the bucks to put a couple of crates away in storage. Be fun to place a "new in crate" CB1100 on the market, in about 20 years!
Wish I had the bucks to put a couple of crates away in storage. Be fun to place a "new in crate" CB1100 on the market, in about 20 years!
It would be a loser for whoever did it.
I go back thirty years...to my first new bike. Anyone know of megadealer Rick Case? Car dealerships all across the nation. Got his start forty years ago as a motorcycle dealer in Cleveland.
In the mid-1980s he decided he'd rather sell cars than bikes. He had a multiline cycle dealership; that's how he got in with Honda when they were setting up their car dealership network...and he was ready to change out. Sold his cycle stores and inventory.
And the guy who bought them, found five-year-old Yamaha SR 500s and XS400s still in crates...basically he had a fire-sale to clear them out. I had a NEW SR 500, with an MSO title and no mileage...for $900. That was about $400 under sticker; probably a loss for the store.
Today, of course, the SR 500 is a collectable; but no business can wait that long. Not Mark Smith Cycles, Rick Case's renamed chain, which collapsed a year later from the pressures of borrowed money and not enough sales.
Buying a vehicle and storing it against future interest is a high-stakes gamble; and even if there's a payoff years later it's often not enough to make it worth the hassle.