GS depreciation

[julian]

I bought a new R1200GS in March 07-most options fitted including luggage-cost nearly £11250.
I always thought BMW were good for low depreciation compared to japanese bikes, but apparently not so.
Offer from BMW today against a new K1300R was £7195. Bike just serviced and taxed. Immaculate condition and only 1600 miles.
Needless to say I will be keeping my bike. BMW bike dealers seem to think that the current economic downturn has only affected second hand vehicles and refuse any discount on new bikes. I suspect that they may think differently before the end of this year...

 

[ROKKET71]

So £4000 in 2 years represents,what,27%?...be thankful it wasn't a 4x4 you were trying to p/x

 

[Davel]

I bought a Fatbob from Chester HD at £8995 in Oct 08 (ex demo) and wanted to trade it in a Chester and was offered £7,000

Sold her privately for £8,750.

Try to sell private if you can cos the dealer will always offer a low part exch as they need a margin to make a profit and possibly offer a warranty etc.

 

[JohnnyBoxer]

I bought a new R1200GS in March 07-most options fitted including luggage-cost nearly £11250.

Offer from BMW today against a new K1300R was £7195.

Bike just serviced and taxed. Immaculate condition and only 1600 miles.

You didn't do enough miles

£4000 for 1600 miles

Not had much fun on it, then

 

[GSmonkey]

As above, sell private. Plus strip the panniers off and sell separately - not with the bike. My last GS was the best bike I've owned for depreciation. I bought a nearly new ex demo, then put 20k on it over 18 months.

Sounds as though you're on the wrong bike though given your mileage!! Good luck with whatever you decide.

 

[Uinneag]

Dealers are looking to make around a £1000 per trade in
One offered Tash £1900 for her 05 650 with 3k on it mint condition they had one on the floor for £4200 ex demo more miles and in a shabby state. It was priced not to sell I was told

F800GS trade in price is the same as the F800ST as they are too new, so not in the guide.
So if you have an 800gs it's priced the same as a bike that BM can't shift off the showroom floor fuk em and sell it private

 

[Mutley]

I suspect that they may think differently before the end of this year...

I suspect they won't

There is very little movement on price for new BWMs. If you shop around a lot and bargain hard there are deals to be had if you are buying extras, accessories and kit at the same time but the bike prices are pretty inflexible.

Give the current economic climate I think that looked like a reasonable deal for what you were trying to do.

 

[red1]

There's a supply and demand issue involved with the standard GS. There's thousands of the suckers out there for sale.
Take a look at a BMW dealers used stock and they've all got far too many no matter how popular the bike is.
Another problem is that with there being so many on the used market quite a lot are being part ex'd at non-BMW dealers who won't offer the same PX as their new stock is usually less than the PX value of a late model GS.
Ergo they offer a lot less ..... price them to sell at less than a BMW dealer and so it goes on .... resulting in a dip in used GS prices.

Oh.... and there's also a credit crunch

Also remember that as you rode off the forecourt the value of the bike was £9,574.46 (unless desperate, dealer won't pay more than new price leass VAT in PX) so your depreciation was only just over £2K.

 

[JohnnyBoxer]

Also remember that as you rode off the forecourt the value of the bike was £9,574.46 (unless desperate, dealer won't pay more than new price leass VAT in PX) so your depreciation was only just over £2K.

Maybe, but the Vat was another £2k of his cash and unfortunately has to be paid

Buy nearly new privately or exdemo and save the Vat

 

[Big Lee]

Keep it longer, if I was offered £5k part ex for my 12 I`d have lost £4.5k over 4 & 1/2 years
oh and 800 miles per yer?

 

[red1]

D
oh and 800 miles per yer?

FFS!!! That's £4.49 per mile in depreciation.

Nip down to Tesco's for a loaf of bread, 95p for the bread and £35 for the trip!!

I lost £2,500 on my '06 K1200GT when I swapped for the GSA buy I'd done 24K in 18 months so it cost me 10.5p per mile in depreciation.

 

[Big Lee]

Nip down to Tesco's for a loaf of bread, 95p for the bread and £35 for the trip!!

Bloody hell!!!!! 95p for a loaf

 

[ianboydsnr]

Bloody hell!!!!! 95p for a loaf

its more if you want it not to taste like cardboard



1100 and 1150 values seem to have leveled off

 

[Big Lee]

its more if you want it not to taste like cardboard

Thats right, you`ve got sainsburys near you with that posh bread that isn`t cut

 

[red1]

Bloody hell!!!!! 95p for a loaf

We're posh!

 

[julian]

Well, a visit to a different dealer and a very different result. P/ex now offered is £7900-and possibly a few hundred off the K1300R-it certainly pays to shop around...