1290 GT
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neither have i, but paying £16k i would like some return
I’m trying not to appear to be a smug bastard because I really feel for you in your position and I honestly hope prices remain as steady as they can do and you don’t get too much of a kicking when you sell the bike.
I have never bought a new bike with less than 15% off list price, and they still lost a fair bit in the first couple of years, but considering the new bike joy, warranty, reliability etc have not been disappointed.
On older bikes I have barely lost anything, my 13 year old V-Strom has probably lost about £200 in the 5 years we have owned it, and the Mrs 10 year old TDM900 is probably worth about the same as we paid for it, although both were bought a bit off season from people looking for a kick in the nuts, sorry, I mean quick sale.
I reckon if you do not like to lose on a bike buy one at around 5 years old, after that they seem to stop going down in value by any significant degree, I sold my 2008 ZZR1400 in 2010 for £5500 - the cheapest on e-bay right now is £3890, lets say it fetches £3500, that would mean I could have kept mine for another 10 years and only lost £2k.
On older bikes I have barely lost anything, my 13 year old V-Strom has probably lost about £200 in the 5 years we have owned it, and the Mrs 10 year old TDM900 is probably worth about the same as we paid for it, although both were bought a bit off season from people looking for a kick in the nuts, sorry, I mean quick sale.
I reckon if you do not like to lose on a bike buy one at around 5 years old, after that they seem to stop going down in value by any significant degree, I sold my 2008 ZZR1400 in 2010 for £5500 - the cheapest on e-bay right now is £3890, lets say it fetches £3500, that would mean I could have kept mine for another 10 years and only lost £2k.
No fair play to everyone whom benefited from this, and whilst my emails to ktm uk have not gone unnoticed and persistence has paid off, if i wish to take up there offer, and i don't because this ktm habit of knocking prices down on a particular model shows complete disrespect for those that paid full retail price previously, it screws up residuals and sucks as a strategy and shows real short sightedness in ktm and a lack of market knowledge to over manufacture a certain model.
It devalues the brand and customer loyalty, however theres a positive ! in that you folks got a bargain bike.
i would not dream of buying any bike that is 5 year old with all this latest tech.
People said that when CDI ignitions came about...
...but I do agree, the main ECU on most bikes (which often also requires a new lock set) can be worth almost as much as a 5 year old bike, I bet the cost of a new semi-active shock is nasty - and by 5 years old will be very tired.
If KTM did the extended warranties in the UK I would be far more inclined to stick with the brand every time, get a discount deal / 1 year old bike and run it until the extended warranty expires then repeat.
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Not knocking you Ding-Dong 'cos I do feel for your position but........I'm not gonna agree with your appraisal of KTM's marketing strategies.
Firstly, you are seeing it through the eyes of somebody who changes bikes very regularly and therefore plays a game with deals/residuals/etc; lots of people do that but not, I'd hazard a guess, the majority? If you buy a KTM as a keeper (+5 years?) then most of what you've posted is irrelevant.
More to the point though, KTM are far and away the biggest European manufacturer of bikes (based on sales) and, whilst I appreciate a significant amount of that volume has been dirt bikes in the past they are rapidly catching up with their road bike offering not to mention moving into other world markets in a very big way (eg India). So.......whilst you may not like their marketing strategy in terms of how it affects you they would appear to be doing something right
Andres
Edit: AFAIK they did not over produce on the GT but they did fuck up; they generated high initial interest in the bike and did not have the production volumes to match that initial interest. Once they had produced the required volume they had lost that initial interest (sales) and were then left with surplus stock to shift, hence the great deals.
I cannot see me using it at all this year especially now with having the AT dct, one min I want to sell than I don't 
if I was inclined to trade the ktm deal offered would be beneficial, however with the thought of not using it there's very little point holding on or even trading for a bike to sit redundant, come March when the market hopefully has picked up I'll try and flog it, mine really is stunning and better than new ! So hopefully with the spec and the extras above the other bikes for sale it will make it more desirable.
if I was inclined to trade the ktm deal offered would be beneficial, however with the thought of not using it there's very little point holding on or even trading for a bike to sit redundant, come March when the market hopefully has picked up I'll try and flog it, mine really is stunning and better than new ! So hopefully with the spec and the extras above the other bikes for sale it will make it more desirable.
Too bloody fickle ,you lot.
Changing your bikes every bloody five minutes !
Changing your bikes every bloody five minutes !
Only 136 units were taxed between 2016-2017, so they missed the boat ? but there marketing team could not foresee this ! they had a full year to analyse the market before the next batch of manufactured bikes and still got it wrong, i don't know of any other manufacture that does this.
https://www.howmanyleft.co.uk/vehicle/ktm_1290_superduke_gt_16#!tax
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I’d agree with the conclusion stated by Andres regarding over production, failure to sell etc because KTM did make a big thing about the bike by releasing sneak views and hints then being unable to fulfill demand but the same could be said about the S1000XR and as far as I know BMW didn’t hack the price by 30% a couple of years down the road.
I was lucky enough to go to Salzburg and see the GT at Kiska 4 months or so before they released any sneak reviews and when I asked the price they wouldn’t say and asked me to guess. I said £16k, they said it was a reasonable guess then asked if I’d pay it and I said no, it was too expensive and why didn’t they release a lower spec one with normal suspension and options on the other toys rather than a here it is so take it or leave it price.
If KTM had got their first bikes out in time for the summer of 2015 maybe they wouldn’t have had a surplus year on year and then follow their normal strategy of discounts every winter and the high number discounted by a larger amount this year would have been avoidable but I’m just a spanner thrasher rather than a marketing expert so what would I know?
All said and done I wanted one when I had that first preview but my ceiling at the time was £14k because if I was going to go over that it’d have been on a Kawasaki H2. They’re probably worth that £16k price tag now but even earlier this summer when I had a test on the 1290 SAS I thought the SAS was better value for money for what I want from a bike but not enough to make me change until that £11k offer on the GT came up.
I was lucky enough to go to Salzburg and see the GT at Kiska 4 months or so before they released any sneak reviews and when I asked the price they wouldn’t say and asked me to guess. I said £16k, they said it was a reasonable guess then asked if I’d pay it and I said no, it was too expensive and why didn’t they release a lower spec one with normal suspension and options on the other toys rather than a here it is so take it or leave it price.
If KTM had got their first bikes out in time for the summer of 2015 maybe they wouldn’t have had a surplus year on year and then follow their normal strategy of discounts every winter and the high number discounted by a larger amount this year would have been avoidable but I’m just a spanner thrasher rather than a marketing expert so what would I know?
All said and done I wanted one when I had that first preview but my ceiling at the time was £14k because if I was going to go over that it’d have been on a Kawasaki H2. They’re probably worth that £16k price tag now but even earlier this summer when I had a test on the 1290 SAS I thought the SAS was better value for money for what I want from a bike but not enough to make me change until that £11k offer on the GT came up.
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I still can’t make up my mind who or what their target market was. When I went to Austria I was hoping to see a replacement for the old 990 SMT and that’s something the GT is never going to be and it’s not going to win over too many of the Adventure Bike lovers because to me it’s not got the capacity to carry rider, pillion, luggage etc on a 2 week European tour but for a long weekend or one person away for weeks it’s ideal. It’s never going to win the hearts and minds of most potential buyers because I suspect the majority of riders want to take the wife on the back and it’s too expensive to be a weekend boys toy rather than a ‘functional’ motorbike like a GS
Deleted account 211025001
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Oh yeah, I agree absolutely that they fucked up, but this was a very specific fuck up rather than a symptom of KTM's general marketing policy.
I still can’t make up my mind who or what their target market was. When I went to Austria I was hoping to see a replacement for the old 990 SMT and that’s something the GT is never going to be and it’s not going to win over too many of the Adventure Bike lovers because to me it’s not got the capacity to carry rider, pillion, luggage etc on a 2 week European tour but for a long weekend or one person away for weeks it’s ideal. It’s never going to win the hearts and minds of most potential buyers because I suspect the majority of riders want to take the wife on the back and it’s too expensive to be a weekend boys toy rather than a ‘functional’ motorbike like a GS
Spot on there I reckon.
It'll be interesting to see how they pan out with the parallel twin lumps; they are segmenting their market a lot more clearly now (across all current / future models) going forward......
Andres
The marketing & production teams at KTM are idiots
Unlike BMW, KTM don't stop production for their annual break. They just keep churning out bikes day after day, week after week.
The problem is they keep churning out the wrong bikes. Try buying a new EXC or SX and you find that some dealers have sold their years allocation before the first bike has hit the showroom floor and they can't get any more
In many cases they could have sold three times as many bikes as they have been allocated
KTM want to be the biggest bike manufacturer in the world but they have some right fucktards working for them back at Mattighofen who don't understand the phrase 'supply & demand'
Deleted account 211025001
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The marketing & production teams at KTM are idiots
...................................................
In many cases they could have sold three times as many bikes as they have been allocated
KTM want to be the biggest bike manufacturer in the world but they have some right fucktards working for them back at Mattighofen who don't understand the phrase 'supply & demand'
That sounds more like a production issue doesn't it? It's not easy for a company expanding at the rate that KTM are to scale up production AND maintain quality ~ look what happened to the quality of the GS when demand for it went exponential and they rushed development & started out sourcing so much...........
I'm not defending KTM, no loyalty here per se, but I think their marketing is some of the best in the market.
The Ready To Race moniker and the 'image' they have created through constant publicity, endorsements and intelligent use of social media to promote KTMs as the 'edgy' bike to own and ride along with the range rationalisation that is now taking shape shows me that they are very clued up and know exactly what they want to do
Andres
If it was a specific fuck up they would only have done it the once, then learnt form it and not made the same mistake again. The problem is KTM have done this before and are now getting a bit of a reputation for dumping bikes, at massively discounted rates, in to the market place, with no regards to its customers who may have purchased the very same machine at full RRP
If it was a discontinued or GEN 1 model that was about to be replaced then I could understand it but they're not. The difference between a 2017 & 2018 is bugger all
Another thing which people forget is the flack that the dealers get from the customers who paid full RRP only to find that the price of their model has just been slashed. The customer blames the dealer and the dealer gets the shit
KTM really are wankers !
Will these bikes generate return customers or will they sit on the fence and wait for another bargain, the updated 2019 bike that will show itself this year will be £17k that will see these customers having to part with £10k plus there GT, I think many punters have a ceiling price when it comes to px time that doesn't exceed £3-4K .
I expect poor residuals with certain manufacturers, I bought several Ducati bikes, i presumed I would lose a wedge come sale/px time, strangely that hasn't been the case, next time I want a new ktm I'll play the waiting game.
I expect poor residuals with certain manufacturers, I bought several Ducati bikes, i presumed I would lose a wedge come sale/px time, strangely that hasn't been the case, next time I want a new ktm I'll play the waiting game.
Deleted account 211025001
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Fair enough
I do think however that you and I have a different understanding of what a Marketing dept. does in a large company. I still maintain that their marketing is some of the best out there (in the motorcycle market)......
Andres
If it was a specific fuck up they would only have done it the once, then learnt form it and not made the same mistake again. The problem is KTM have done this before and are now getting a bit of a reputation for dumping bikes, at massively discounted rates, in to the market place, with no regards to its customers who may have purchased the very same machine at full RRP
If it was a discontinued or GEN 1 model that was about to be replaced then I could understand it but they're not. The difference between a 2017 & 2018 is bugger all
Another thing which people forget is the flack that the dealers get from the customers who paid full RRP only to find that the price of their model has just been slashed. The customer blames the dealer and the dealer gets the shit
KTM really are wankers !
Yes they definitely have done it before , with the superduke last year was the same thing and the 1190 ADV theyear before, however to add balance the 44 teeth boys reckon the difference between the old and new superduke was significant enough for them to pick the 2017 SDR as their bike of the year , saying the improvements were worth it.
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