11-04-2021, 07:56 PM
After buying a new EX in spring 2020, I kept looking at prices of CB1100/s built in 2017 or later. Just for curiosity. Since the CB was sold in different countries for quite different prices to start with, I will just quote my observations in %, not in Euros or USD. Here is what I found:
- throughout 2020, prices in Central Europa for a 2nd hand EX were about 80% of new (bike without damage, up to 20,000 km, any color).
- the RS was hit harder, same condition mostly offered at 70-75%, sometimes at 65%, and still lingering on the market (regardless of the date of initial registration 17-19).
My take, buyers of the RS were a different group of riders, and/or had different expectations, and got more disappointed. So the number of bikes on the market went up, and not enough buyers. It also appeared that the RS did often go through more hands in a shorter time. This seemed to confirm the expectations theory.
This year things have changed a little. Roughly stable (but low) prices for the RS, in particular the black edition isn't in demand. But asking prices for the EX have clearly gone up. They are fewer on the market, they sell quickly - which is usually an indication, that the asking price got met more or less. And I see low mileage EX (1 or 2 y old) in excellent shape which are now offered at the original price tag.
Is this representative ? Of course not. Just my observations in a few markets / countries. Interesting, btw, in France prices for the RS and the EX seem to steadily go down with time and with respect to last year. For the Northern or the Southern countries in Europe, ... I don't know, I don't follow these markets.
Disclaimer: I am long on Honda CB1100 (EX) motorcycles, this is my personal opinion, I wrote this article myself, and you better don't give a damn. Don't bet on rising prices, or you might get burned. But DO enjoy riding.
- throughout 2020, prices in Central Europa for a 2nd hand EX were about 80% of new (bike without damage, up to 20,000 km, any color).
- the RS was hit harder, same condition mostly offered at 70-75%, sometimes at 65%, and still lingering on the market (regardless of the date of initial registration 17-19).
My take, buyers of the RS were a different group of riders, and/or had different expectations, and got more disappointed. So the number of bikes on the market went up, and not enough buyers. It also appeared that the RS did often go through more hands in a shorter time. This seemed to confirm the expectations theory.
This year things have changed a little. Roughly stable (but low) prices for the RS, in particular the black edition isn't in demand. But asking prices for the EX have clearly gone up. They are fewer on the market, they sell quickly - which is usually an indication, that the asking price got met more or less. And I see low mileage EX (1 or 2 y old) in excellent shape which are now offered at the original price tag.
Is this representative ? Of course not. Just my observations in a few markets / countries. Interesting, btw, in France prices for the RS and the EX seem to steadily go down with time and with respect to last year. For the Northern or the Southern countries in Europe, ... I don't know, I don't follow these markets.
Disclaimer: I am long on Honda CB1100 (EX) motorcycles, this is my personal opinion, I wrote this article myself, and you better don't give a damn. Don't bet on rising prices, or you might get burned. But DO enjoy riding.
