Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Low resale value
#71
In life you win some and you loose some. I paid $9600 for my 2013 CB1100AD K10 Whitehouse with $12K in mod's with two beliefs.
1 = I will loose very little if any even if i part it out
2 = It would be the last motorcycle i would ever need.

buying anything new your going to take a hit . I just bought my wife a new " to us " 2015 Toyota Corolla LE ECO with 15,200 miles for half price so someone lost big time. it is not just the CB1100 going through this.
on the other hand my 1933 model A ford street rod 289CI truck daily driver increases in value approximately 5% each year per Grundy Insurance Co and is now worth $64,000 when my grandfather bought it new for less than $500 . I have learned to play the market but if you buy and sell frequently you will normally loose. = Be happy with what you have.
Reply
#72
2011 Mercedes SL550: $105,000 new, $28,000 today.
Reply
#73
I've been lucky to have lusted for vehicles that were priced within my grasp. I can appreciate many new motorcycles and cars for what they are. I enjoy looking at them and I'm sure that I'd enjoy riding or driving them. The same goes for countless classic cars and motorcycles as well. But at the end of the day, I also lusted for both the CB1100 and the S2000. For many, these vehicles just aren't all that special, but I certainly down't view them that way. To me, they are both a joy to ride/drive and to work on as well. I've taken each to events where they were surrounded by plenty of other vehicles with far, far higher values. But I'm not left for wanting at all because when it comes to bot the CB and the S I purchased exactly what I wanted to begin with. I've never felt like I settled in any way with either of them.

Since I currently have no intention of parting with either vehicle, I struggle more with the S2000 appreciating in value. than I do with the CB1100 depreciating in value. As it sits, the S2000 looks like it could be less than a year old and I'd never manage to replace the car with another one just like it for what I paid. Similarly, my CB1100 also still looks like it's practically new. and each passing year means that it would be that much harder to find an exact replacement since I bought the CB new. I know that I'd be better off not worrying about such things. I should simply enjoy these awesome objects for what they are. That just seems to be a bit easier said than done at times for me. There are far worse problems to have.
Reply
#74
Well, hopefully nobody buys this stuff as an investment. Buy it, use it, and enjoy it. It's an expense, not an asset. For new vehicles, ask the dealer to show you the residual value at lease expiry. The depreciation will be obvious.
Reply
#75
(06-18-2018, 05:01 AM)Guth_imp Wrote: I've been lucky to have lusted for vehicles that were priced within my grasp. I can appreciate many new motorcycles and cars for what they are. I enjoy looking at them and I'm sure that I'd enjoy riding or driving them. The same goes for countless classic cars and motorcycles as well. But at the end of the day, I also lusted for both the CB1100 and the S2000. For many, these vehicles just aren't all that special, but I certainly down't view them that way. To me, they are both a joy to ride/drive and to work on as well. I've taken each to events where they were surrounded by plenty of other vehicles with far, far higher values. But I'm not left for wanting at all because when it comes to bot the CB and the S I purchased exactly what I wanted to begin with. I've never felt like I settled in any way with either of them.

Since I currently have no intention of parting with either vehicle, I struggle more with the S2000 appreciating in value. than I do with the CB1100 depreciating in value. As it sits, the S2000 looks like it could be less than a year old and I'd never manage to replace the car with another one just like it for what I paid. Similarly, my CB1100 also still looks like it's practically new. and each passing year means that it would be that much harder to find an exact replacement since I bought the CB new. I know that I'd be better off not worrying about such things. I should simply enjoy these awesome objects for what they are. That just seems to be a bit easier said than done at times for me. There are far worse problems to have.

Wisdom, Guth. Be thankful for what you have...we could all benefit from more application of this philosophy.
Reply
#76
I'm hoping that in ten or so years the market will wake up to what these guys are, like the W650 and GB500. Assuming we can buy gas in ten years or not having to move in from the coast due to sea level increases.

For me, the only real downer is buying a bike thinking it will a good fit and find out after living with it that it's not. For me the CB1100 is a very good fit (the Griso, not so much). But like I found out with my Quota; For a bike to have decent worth down the road, it needs to be rare - and desirable. Something the Quota had going against it. I do think the Griso has a much higher desirably factor. Well, for a Guzzi anyway. Big Grin

The CB is not quite as rare, and I think the desirabilty factor is pretty high - within a very narrow niche.
Reply
#77
Problem is, in ten years my CB will have way too many miles on the clock to be worth anything, even if CBs became valuable ten years from now.
Reply
#78
Ah, but you would have gotten the value out of it by using it. Unlike me...... sigh.
Reply
#79
I bought my 2 bikes to ride. I really do not care about resale. Same with my car. I usually keep them forever anyway.
Reply
#80
(06-18-2018, 11:36 AM)Rboe_imp Wrote: I'm hoping that in ten or so years the market will wake up to what these guys are, like the W650 and GB500. Assuming we can buy gas in ten years or not having to move in from the coast due to sea level increases.

For me, the only real downer is buying a bike thinking it will a good fit and find out after living with it that it's not. For me the CB1100 is a very good fit (the Griso, not so much). But like I found out with my Quota; For a bike to have decent worth down the road, it needs to be rare - and desirable. Something the Quota had going against it. I do think the Griso has a much higher desirably factor. Well, for a Guzzi anyway. Big Grin

The CB is not quite as rare, and I think the desirabilty factor is pretty high - within a very narrow niche.

well, (i might get banned for saying this) considering the sales numbers on past and current model CB11's, it's a very real possibility that Honda will simply stop manufacturing them again. they did it from 11-13, and again from 14-17. in fact, I was fairly surprised when they came out with an '18, but it's pretty much par to make it two years in a row if i think on it. So that means there will likely be no '19. likely no '20. maybe no '21. in 3 years, who can say if there's going to still be any interest in retro standard street bikes? if the sales outlook is low, Honda may elect to make '18 the last year for our CB11, in favor of more up-to-date CB's that sell better like the CB1000r.

anyway, i said all that to say this: if they up and stop making them low mileage models that are available and maintained will get very rare over time.

edit: the '18 is not a US model, so it looks even more likley that we may see a day when they simply stop offering it in US markets. This would certainly cause it to become rare after while.
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  2014 deluxe resale ss2wheels_imp 5 333 06-29-2014, 11:19 AM
Last Post: Motogeezer1949_imp

Forum Jump:


Users browsing this thread: 1 Guest(s)