02-11-2014, 07:56 AM
(02-11-2014, 07:35 AM)cbdtran_imp Wrote:(02-11-2014, 07:21 AM)The ferret_imp Wrote: Well, it depends on how you run the numbers. If you take what I paid for my CB and what I received on trade do I add the difference? Or count that as a use tax for the 7,035 miles I rode it? Same on my Majesty. I figured what I felt my bikes were worth retail and on trade. Going against the $11,899 retail on the new bike, (because you are rarely going to come out good on your trade against a discounted price.. and in the end you are only moving the numbers around anyway) I came out very close to what I figured I needed to make the deal. We were a few hundred apart, but the dealer has been good to me on past purchases. I want him to make some money so he will be there when I need him, so I didn't fight. I figured in the end it cost me my 2013 CB plus about $4100 everything included. Worth it? Only time will tell. I'm happy with the deal. In the end the dealer made a little on the retail price of the new CB vs what he allowed on my trades and will make a little both of the trades. Everyone's happy.
Assuming you '13 value is $7K, the total cost is 4100 + 3000 (depreciation) = $7100?
that is more than 2/3 the price of the bike itself
Assuming you '13 value is $7K, the total cost is 4100 + 3000 (depreciation) = $7100?
that is more than 2/3 the price of the bike itself
If you want to figure it like that..I don't. I figure I got $3000 worth of use out of my '13. Riding 7035 miles has to be worth something.
I will be renting a bike this summer when my wife and I fly to Nevada. It's $1500 for a week. If you compare it to that, having the CB for 9 months for only $3000 is a bargain.