Thinking of selling

I couldn't wait to get out of my pcp deal but as said above, if it suits those who it suits fair enough, it just strikes me as people riding around on bikes they can't actually afford just to show off to others that think they can actually afford them.

But in my experience, nobody gives a fuck.

Turning up on a £1500 scrapper is good enough so long as it can keep up and doesn't break down.

Anything after that is just 'wind noise'
 
But in my experience, nobody gives a fuck.

Turning up on a £1500 scrapper is good enough so long as it can keep up and doesn't break down.

Anything after that is just 'wind noise'

I agree, who cares, only the one on the pcp trying to impress.

I recall going on a ride where 3 of us were on top of the range adv bikes and one guy on a £900 tenere 750, brilliant day out, did we have 10 grands worth of a better day than the guy on the tenere, nope.
 
I love PCP ... it means when I bought my 2 year old GS some other mug had taken a shitload of depreciation, leaving me with a bargain!
 
I agree, who cares, only the one on the pcp trying to impress.

I recall going on a ride where 3 of us were on top of the range adv bikes and one guy on a £900 tenere 750, brilliant day out, did we have 10 grands worth of a better day than the guy on the tenere, nope.

Who is trying to impress? I certainly aren't. I change my bike approximately every 3 years and find pcp works for me.
 
Get it right and PCP is cheaper than owning - zero depreciation, equity in the bike, etc.
Look at the baby GS - £75 per month, 0%. Why wouldn't you!
 
I love PCP ... it means when I bought my 2 year old GS some other mug had taken a shitload of depreciation, leaving me with a bargain!

Bought mine 2 yrs old, ex pcp 15K miles and saved a fortune on a new bike. Top spec 2016 GSA TE with full luggage...what's that on PCP/month and was there a down payment? All I know is I saved maybe 8 grand on a 2018 bike of the same spec with the same extras when I bought it. Still looks and rides like new. If I come to sell it in a year after several years of ownership it should still be worth close to 9K or more so would likely work out cheaper than a PCP over the same couple of years ownership. PCP is only worth it if after a new bike every couple of years, to benefit from warranty and peace of mind. You can still buy a couple of years old low miler, use for a few years and sell on for a better deal than PCP. The only downside is having to extend the warranty.
 
Bought mine 2 yrs old, ex pcp 15K miles and saved a fortune on a new bike. Top spec 2016 GSA TE with full luggage...what's that on PCP/month and was there a down payment? All I know is I saved maybe 8 grand on a 2018 bike of the same spec with the same extras when I bought it. Still looks and rides like new. If I come to sell it in a year after several years of ownership it should still be worth close to 9K or more so would likely work out cheaper than a PCP over the same couple of years ownership. PCP is only worth it if after a new bike every couple of years, to benefit from warranty and peace of mind. You can still buy a couple of years old low miler, use for a few years and sell on for a better deal than PCP. The only downside is having to extend the warranty.

Yup I change every 3 years..and fyi..2k down £137 @ month final payment £8200 ish. Total should I wish to keep it is approx. 16300 all in.
 
So...pcp costs roughly £7K over 3 years? If I sell mine in a few years, I reckon devaluation on it would be less than £4K over the same 3 years ownership if buying at 2 years old. So pcp buys you something new every 3 years but you pay £7k for that privilege, or 14K every 6 years. If I change mine in 18 months and buy another 2 yr old one and run that for 3 years, ownership will likely cost me £6K less. PCP isn't looking as attractive in that light. I guess if you have the cash to splash and are happy with the rules of ownership under pcp, then you get a shiny new bike and warranty cover but that extra costs you £6K for the same ownership period. I think I'd be happier keeping the same bike and taking a chance that I have to replace the shock at £20K miles and have the shaft dropped out, cleaned and lubed at perhaps 25K miles. I'd still be in pocket over pcp deals.
 
Yup I change every 3 years..and fyi..2k down £137 @ month final payment £8200 ish. Total should I wish to keep it is approx. 16300 all in.

Someone is out with their figures there...
£2k plus 36 x £137 plus £8200ish comes to £15132

Ultimately, if you're happy 'renting' and are happy with the figures, it works for everyone. Dealer gets sales, buyer gets his shiny new bike and the 2nd hand market is awash with 2 and 3 yr old (generally) well looked after bikes that the main dealer will shove another warranty on
 
Someone is out with their figures there...
£2k plus 36 x £137 plus £8200ish comes to £15132

Ultimately, if you're happy 'renting' and are happy with the figures, it works for everyone. Dealer gets sales, buyer gets his shiny new bike and the 2nd hand market is awash with 2 and 3 yr old (generally) well looked after bikes that the main dealer will shove another warranty on

48 months
 
Ah, you had me confused when you'd put
Yup I change every 3 years

Numbers still don't add up...they now total £16776..so someone is £500 out.


It's not cheap but it's convenient and if it suits.......happy new bike hunting
 
Ah, you had me confused when you'd put

Numbers still don't add up...they now total £16776..so someone is £500 out.


It's not cheap but it's convenient and if it suits.......happy new bike hunting

I did say ish...:P New Honda ATAS is looking favorite so far.
 
Don't know...but the current gen has been available on some cracking deals.
 


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