2016 Alpine White TE Value ?

[Davel]

Hi

Some of you may have seen my thread in January where I was able to finally reject my 2015 bike and replace it with exactly the same bike but registered in January this year - for a small consideration from me to cover the 5,500 miles done on the previous model.

A refund was, of course, not an option and the bike had to be pretty much the same value as the previous one.

The Nav 5, panniers, additional BMW riding lights and crash bars were all moved across to the new bike.

Well three months and about 1.000 miles in, the new bike is handling faultlessly and I have no complaints with it whatsoever, but I do quite fancy a move to the dark side and buying a cruiser, which I would have done earlier this year if that had been an option.

So, and please do not hesitate to take the piss, what value would you put on a one owner January 2016 bike with about 1,000 miles on the clock to temp a buyer away from a brand new one?

I'm not saying that it is now for sale, just wondering what the financial implications might be?

 

[Nutty]

Get a trade in value from a main dealer, add £1k to their figure, and whoever buys it will get a bargain.

 

[Nice 'n' Fat]

Drop the 20% VAT off the cost of a new bike then deduct £0.20p per mile for each mile covered

 

[mrtee43]

Nearly bought a demonstrator from Balderstons last September. It was about 6 months old and had done about 1800 miles and had the GSAP fitted. Like new, it was priced at £12495. I was serious about doing the deal, got a price to change, but was on my way down to Dover for a 8 day trip to France and wanted to chew it over .

It got sold that very week.

 

[Davel]

Chester offered £10,500 !

They have loads in stock so would offload it elsewhere.

Been offered more against an Indian or Victory...

 

[Nice 'n' Fat]

So was I close with my calculation?

 

[Deleted account 251212001]

So was I close with my calculation?

Shame u mentioned VAT, that's got nothing to do with the valuation, just a handy quote used in the trade when ur about to get your pants pulled down and disguise their profit margins.

 

[Nice 'n' Fat]

Why was it a shame?

Should I have said take 20% off what you paid for it then deduct £0.20p per mile for each mile covered

 

[Deleted account 251212001]

Why was it a shame?

Should I have said take 20% off what you paid for it then deduct £0.20p per mile for each mile covered

Cos you were doing soooo well young Jedi.

 

[Nice 'n' Fat]

Sorry .... but I'm still none the wiser

 

[thumperbob2002]

1000 miles in three months? I know the agrument about bikes depreciating much less than cars- but not really surprised referring to very low mileage like this. Still very expensive to change as you havent really ridden the thing.

If I was going for a cruiser its the Diavel I would be looking at- amazing amazing bike.

From most BMW salesmen- "GS`s depreciate much less than any other bike"- what a load of twaddle!!

 

[Tomcat]

Should I have said take 20% off what you paid for it then deduct £0.20p per mile for each mile covered

I don't know about the value, but there's an error in the arithmetic. If you want the pre-VAT price you should multiply the VAT-added price by 0.833333. (Try it: add 20% to £10000 and you get £12000. If you then take 20% off £12000 you subtract £2400, which gives £9600. Not the £10000 we started with before VAT. 10000/12000=0.83333).

 

[Stevie4scoops]

Is a simple way to get the pre VAT price divide the total by 6 and multipy this by 5?

 

[Nutty]

Is a simple way to get the pre VAT price divide the total by 6 and multipy this by 5?

Divide by 48 and times by 40.

 

[JoeBiff]

Drop the 20% VAT off the cost of a new bike then deduct £0.20p per mile for each mile covered

Oh, dear.
I was ridiculed a few months ago when I suggested the same in a similar thread. But I completely agree with you.

 

[Blackal]

Oh, dear.
I was ridiculed a few months ago when I suggested the same in a similar thread. But I completely agree with you.

The VAT has nothing to do with the intrinsic value of a second hand bike - other than being part of the original price. It's just another constituent cost, like the "engine"

 

[JoeBiff]

The VAT has nothing to do with the intrinsic value of a second hand bike - other than being part of the original price. It's just another constituent cost, like the "engine"

I don't disagree with you, Al.
But, markets are markets, and money is the common denominator across them all. And BWM's GS's are not immune.

 

[RedRick Esq.]

Is a simple way to get the pre VAT price divide the total by 6 and multipy this by 5?

No just divide the inc vat price by 1.2

Much easier

 

[Blackal]

I don't disagree with you, Al.
But, markets are markets, and money is the common denominator across them all. And BWM's GS's are not immune.

I certainly wasn't implying that any maker - was.

Al

 

[Nice 'n' Fat]

Chester offered £10,500 !

They have loads in stock so would offload it elsewhere.

Been offered more against an Indian or Victory...

I've just done the calculation based on the £14640 RRP of a 2016my R1200 GS TE so essentially you would take a £4000 hit not including the 'fee' (I'm thinking £0.20 pence per mile?) it cost you to change from your old bike

On the other hand that's not a part exchange value and presumably that's their offer to you and they will give you a cheque and you walk away?

You will definitely get a higher part exchange value elsewhere as BMW dealers are brimming full with used GS's thanks to PCP