I do feel that buying any newish bike is basically a write-off of at least a third of the initial purchase price. I like to think that the cost of a 2 week family holiday is about what I lose at the next trade in and it doesn't feel so outrageous. Very much enjoying your content thank you.
After riding used bikes for the last 20 years I went and bought a brand-new Supper meteor 650. This way I know how the bike is supposed to feel. I know their is a loss but frankly I plan on keeping this bike for 20 years.
One of the problems I've come across looking to buy a cash second hand bike from a private seller is, they want to get top money or above more or less getting back what they paid for it a year or two ago, I have a good look around to see prices of second in dealerships, Auto Trader and compare them to private sellers, you can often get a bike cheaper from a dealer with some warranty, I just keep looking for a bargain bike with all the extra's and a decent price regardless of who's selling it. You have to be prepared to make a loss selling second hand bikes, whether trading in or selling privately, or be stuck with it for a long while.
I Agree, however ours was by far the cheapest available. You have to be realistic if you want to make a sale. People often over value their bikes and want to include the value of extras that they spent, but we all know you never get that money back
I think that during covid all bike prices got inflated new and old. The problem is now that the prices have stayed high, probably due to the fact that people who bought in covid who paid top price still want to get top price back. The other worry when buying used is buying a melon??
I'm in the market for a bike in the £4-7k range (buying outright with cash) and tbh, the prices people want for used is daft. Yes a lot are immaculate, with very low milage. But why would i pay £5k for a 3 year old used one when i can get brand new for £700 more from a dealer, 100% no risk, no accidents, no need to check it over or HPI it, and no messing with payment options.
Following lockdowns people went crazy for bikes cars bicycles and dogs. Now supplies of these are available and people no longer seem desperate to get their hands on them there seems to be an oversupply. My local (100 mile round trip) BMW dealer had a shop full of used bikes, end of lockdown more or less all sold in four or five days. My four year old car, 39k miles sold to a dealer for £300 less than I payed new. Now there’s a fallout with bike and car dealers oversupplied with stock they can’t move, sheds full with bicycles that’ll probably never be used and unfortunately dog shelters filled with unwanted dogs.
Very sad but true, so whats to be done with the Stock? i cant see Dealers Lowering the prices, I mean Their businesses cannot take the hit either, particarly the smaller shops
Every asset will drop in value through 2024. Motorbikes, cars and houses etc. 2025 will see better times once people have got used to the new normal, providing we don't have too much taken off us to pay for green living.
I'm in my 50s and after many years and many, many dozens of cars and bikes, I will NEVER darken the doorstep of a dealer again. I would rather get a bank loan and buy a nice bike from a private seller if that's the way I wanted to go.. The warranties are not worth the paper they're written on and once you're out the door, they are not really interested in you or the bike. Last week, I picked up a 30 year old VFR750 for a £1000, absolutely lovely thing, even with 67k on the clock. I'll be prepping it over winter and taking it to Europe in spring. I've had fairly new Tracers, Fazers, Tigers, CBF1000 etc etc.. all great machines but too much money tied up in them and too much depreciation for me.. Even my car is 32 years old and guess what..? No engine management light.. ;-)
I never spend big money on bikes ,so many bargains to grab second hand, glad you got a vfr750, I have one it's a 97 model and love it, just brought something different a 400 burghman in mint condition with low miles and some great extras for £1000, ITS ACE.
The bottom had dropped out the market for used and new bikes at least until spring. This is the best time of the year to buy a bike the worst if your trying to sell one.
Indeed, it is a buyers market right now. Whats interesting is that dealers also know this but all said they have to much stock. Youd think they would be buying cheap now for later
@@ontheroadadventureif most new sales are on PCP (or whatever) then they don't have much choice to get cheap bikes from sellers desperate for money - the showrooms are filled with bikes they have traded for the latest and greatest and have already made a profit on the sale of the finance deals on them!
@@ontheroadadventure I wouldn't count on it. More likely to see one (or more) of the big used dealers closing 'because of the economic climate' than realise they have built a market on cheap finance to generate huge profits!
I’m one of the elusive second hand buyers, searching at the moment. My personal opinion? People want too much for their bikes, simple as that. If they were priced right, they’d sell. Same with houses, they get listed for, let’s say £200k, they don’t sell, they drop the price, they sit for a while, then they go for £170k, the price they should have been listed for in the first place. Almost every bike I look at, I’m thinking, if that was a bit less….just my opinion.
@@ontheroadadventure I agree and that's the conundrum. We need more money when we sell things but we don't have enough to buy things. I've been looking at the 800 Tigers, I'd like to spend around 4k, and I'm looking at 2011, maybe 2012 bikes for that much money. I just don't know if they're worth it.
@@jerhughes500almost 12 years old by then 2012 model. I find used bikes have to be at least 5 years + before the price difference over new is worth it. And when you find a reasonable bike with the stock exhaust, indicators. No tail tidy. Its a good few thousand more than the cheapest ones.
@@Paul-pb4wv I think people become attached to their own bikes, you build an emotional bond and that tends to reflect when people value their own bike for sale
Buy used privately is my advice, dealers just rip people off on px and trade ins. You're just funding their car style showrooms and sales people that lie and know fuck all about bikes.
I bought a new bike only because it did not made sense to me to buy a 4 year old bike W/O warranty for only 15% lower price, than a brand new bike. I guess it depends on the market (location), but where I am form the prices of used bikes do not make any sense. You can still see the same bikes on adds from 2, 3 years ago with the same price or even higher price and more mileage. It's ridiculous.
Yes we know what you mean, a local dealer had an Africa Twin for sale used, it had been in the show room for two years and now is 2k over priced. We tried to buy it at 10k its value not once but twice and was declined. Both times both me and ewa returned with our new Africa twins at better value. It’s like they didn’t want to sell us the bike 🤷♂️
Hi both of you, I think the trouble is at the moment buying a used bike if your doing it on finance the APR is ridiculous it’s cheaper a month buying a new one unless your buying one cash 👍👍
Iknow Marsh barton well and frequent both dhops mentioned, i will say that both shops usually pay below trade price,but all bike shops work on the parkers price guide, and youd be VERY SURPRISED at how low that price guide is
I think the other issues is that pcp is becoming really big. Smallish deposite and have a 20 grand bike and as long as you meet service intervals you have the bike for like 3 to 5 years and either buy it outright or go in for another payment plan on the next new thing. Of course unless you buy it at the end, you never fully own it. However for those who just go out every now and again, the service intervals are rarely over 20 000 miles and I bet very rarely hit major ones like the 30k miles for valve clearances. I would keep it and wait for summer and sell on auto trader or take it to bike night and then put a for sale sign on it
Did you see what happened at the end of the video, we were very fortunate 😊 You are right about the pcp though, this suits most but not us due to the mileage we do each year
@ontheroadadventure I missed that end bit. Great that you sold it :) I am like ypu, I like to put miles on my bikes. Your one looked well looked after and an absolute bargain. I hope the new owner takes good care of it
I only looks at used private sale bikes (or cars) if they are very very cheap. Seen too many lemons on peoples drives that are just a few hundred quid cheaper than buying from a dealer where you have some consumer rights to protect you. Often private sales are because people think they can charge as much as a dealer would sell the bike for, or the seller knows it’s hiding something…. Happy to buy used bikes, but won’t pay almost new prices for them!
New on PCP is the way to go. You can get the 1300GS with £3k deposit for £190p/m. And there will definitely be residual in it at the end of the 3 years. The 800GS is a £2K deposit and £90 p/m! It's a no brainer compared to the used prices at the moment unless you want to own the bike outright.
I did part exchange my CB500F for the new Triumph tiger 660 sports. They sold my old bike about 6 months later. However, I love this bike, which had been named Tigger.
We appear to be following each other around, I was in Marsh B for new tyres and a service and first MOT on the AT at Bridge over the weekend. I can't fault either place. Bridge seemed keen to talk to me about a new Suzuki VStrom and Tiger but hey, I've got an AT why would I switch? Having said that, the newish 2023 AT over the road was tempting but I stopped myself. Plans for Rome are ongoing, my thoughts are I'll do the tolls heading through France to the Alps then switch to no-toll roads in Italy and on the way back. I picked up quite a few tips from your Rome series. All the best. Andy.
No. New is not the way to go. Not because I don't want an new bike but because I don't like all the new rubbish they come with. 6 axis IMU. Switchable riding modes, radar cruise control, active suspension etc. Keep it. I don't want it. I'm currently in the market for a cbr1100xx, ideally an early carb'd version but I also don't mind a newer one. By the way, I'm 33. I just don't want all this rubbish. If I wanted my bike to be totally safe and electronically controlled I'd just use my car. I want to RIDE my bike. Not just sit in it
The beauty of motorcycles is the huge range of bikes available and the fact that we all like different things keeps it interesting. If I could have numerous bikes I’d have an old 1998 Fazer in the garage for similar reasons
Triumph are a good well known premium brand,costing £10 K and upwards new.It`s reasonable to expect to get say £6 K for a 2 or 3 yr old good example, BUT as you point out that sort of money will buy a new 650 Royal Enfield for example.The market has been distorted against the premium brands by relatively cheap imports from India and China. In addition,as I have said, the rider demographic has changed as well,plus winter is no good for sales and on top of all that there has been massive cost of living increases.Another factor is the proliferation of lower speed limits and enforcement cameras,so the once sought after high performance bike is less desireable. All things considered it`s a crap time for bikers.
I'll always buy used and private with certain brands. I'll always avoid private sales with big brands such as Ducati, BMW, KTM, and Triumph, as if they go wrong, it can be very expensive. I also feel buying these big expensive bikes for "touring" is pointless. I have an R1200GSA 2019. It's a good bike, but other than being able to go off road, there's nothing more it can do than my 2015 GSX1250FA, and for that reason, the GSA will be sold in January.
I've given up on used bikes. As an example I've been looking at a Dual Sport & I can find NEW KLR650s for $5500, then compare this to used, 1 year old with 3,000 miles, advertised for $5500 "FIRM". It's no contest, IMO.
I did finance once on a ktm duke 125, came with warranty 2 years, after 2 engine rebuilds and a slew of problems the ktm dealer wouldnt even buy it back with only 7k miles because it was unreliable 💀, now i ride a 650 bandit k6 witb 37k miles, iv done 16k miles in 1 year and only had to swap the battery...old is gold!
Wow, Although in Fairness this IS the KTM Experience! I bought a 890, Check out my KTM 890 Owners Experience and youll see you are not alone! Never Again! You just cannot go wrong with a used Bandit. That bike will last you a lifetime!
@@ontheroadadventure it's very unfortunate, I loved ktm and when I past my test, I was about to bite the bullet and buy a 790 duke, i don't know why ktm are so unreliable, they are amazing bikes when they run, its few and far between though, iv noticed though ktm fan boys get very upset when you tell the truth about the brand, I'll never buy a modern motorcycle again, God bless
@@T3-RIDER I was the same I wanted it to be good so badly I wanted to defend the brand and KTM name but the bike was a liability in the end. It’s the same story with the Harley boys lol, you try telling them it will rattle itself apart they won’t listen, not even when picking their bits off the road 😉😂😂
This all started with pcp even more so when they started doing pcp on second hand bikes and it killed the second hand market for private sellers , unfortunately life is rentable for the majority of people ☹️
You could well be right there but PCP doesn’t work if you do big miles like us, I saw a deal for 4k miles, I thought that was per month, it was for the whole year lol!
My Thoughts on this subject differ greatly. I personally refuse to give dealers any money, coz their there for one thing. To rip you off. The GS in the video for example 2015 8yrs old, 31k miles and over £7K for it is mental. If It had 5000 miles for this price would still be too much. And why would anybody p ex any bike on a new one at a dealer. It's just crazy. People that swap every couple of years on a new one is just throwing money to the dealer, and boy do they love this kind of customer. Yeah they treat you like royalty, free coffee and you our best customer and all that twoddle. Course you are, they making a fortune from you. If you buy the right bike it will last you your lifetime if you care for it. And Finally, you need help if you get a "egg foo young Chinese" bike... Please don't
Strangely it sold right after we filmed the video on ebay. But maybe things are changing in the motorcycle market, with such affordable bikes coming onto the market and PCP offers, Are used bikes now less appealing?
@@ontheroadadventure Wow good timing...pleased to hear you sold it ok . Someone will be giving that a good home and adventures next year hopefully.. I've only ever bought used bikes myself. Too much depreciation on new cars n bikes for me.
The average age of the UK motorcyclist is around 54 and rising. This means the follow up of young people wanting to buy cheaper second hand bikes is shrinking. Obviously the net effect is a shrinking market for people wanting a second hand bikes, whilst the number of second hand bikes remaining unsold increases at the same rate. Interestingly this aging biker scenario is also playing out in the U.S.A. Probably why the manufacturers are all bringing modern retro classics out, chasing a shrinking market.
The trouble is that motorcycles are not cheap transport anymore and so are for people who can afford to have it as a toy or hobby. The Chinese brands are bringing out decent bikes at a third of the cost which will help younger people
I didn't take the chance trying to sell my 800 Tiger privately when I got my nearly new Tiger 1200 last month as there are so many for sale in the market, plus I got what I wanted for it and a good price on the 1200 (good time to buy). Funnily enough the dealer sold my old 800 45 mins after I'd picked up the 1200. The big plus for me is that the whole procedure was so easy, it just wasn't worth the hassle of going the private sale route.
Yes although you take a hit on trading in a used bike, it does save you allot of time and hassle. How do you like the 1200 tiger? I had the 900 GT pro and love it
@@ontheroadadventure I love the 1200 to bits, it's a big step up in power but strangely feels easier to ride and suits me better. It's also the Gt Pro. Love the vids, not too flashy and very down to earth. Keep it real you two 👍
You really cant go wrong with the triumph, youll do many happy reliable miles on it. Thanks so much for your comments, we really do appreciate them @@thelocodude01
During and immediately after covid the market was starved of new bikes, so s/h bikes sold like mad. Until recently my 2015 VSrom 650 was still seemingly worth near what I paid for it, despite me nearly doubling the miles on it. Now there are plenty of new bikes, loads of new models being released...oh and winter is on the doorstep. That said, bargains will always sell and Ewa's Tiger was an absolute bargain. As for new with finance.... that's not an option for everyone, not me that's for sure as a retired person on a budget. I have to buy canny, ex demo bikes or recent s/h. Now if I was after a R1250GS, around about now would be the time to go hunting... cash in hand.
Yes Now is the time to buy the 1250 GS for sure, or a old Himalayan for that matter! Would you consider a PCP deal or a new Royal Enfield for example over a used Triumph?
@@ontheroadadventure I wouldn't consider a pcp deal at all. Finance suits many people, but now that I am retired, if I can't afford it, I can't have it. I'd prefer a used bike, an ex-demo is ideal but equally a well looked after low mileage older bike would suit me just as well. If I was after a 1250GS, I'd be looking for the oldest bike with the lowest miles... and a FSH.
I've never done finance and can't see the point in it. If I can't afford it, I don't have it 😂 I know guys that can't do a trip they would like to do because it will go over the mileage allowance 😢
Depends what you're buying I guess. I bought my Rebel 500 new. The difference between new and 1 year old was less than £1k (£700 in most cases). For that extra, I'm getting newness. If you buy from a dealer you are still paying 20% VAT new or old. Dealer servicing isn't required for warranty work so I can give it a good service every year, even though service intervals are 8000 miles. I was looking at buying an RE Meteor 350 as a 2nd bike but sellers are just being unreasonable in what they want. £3500 for a one year old bike that only costs £4100 new...nonsense. Liking the videos huys!
The cost of living is a big factor. People have money but worry about paying out a lot of money on someting that has no warranty then having no cash if a big bill comes in. Also new bike prices rose steeply and are now falling due to lack of sales but private prices can be ridiculous. In 2015 you could buy a new MT07 for £5700 (£500 less than RRP) a few weeks ago I saw a 2015 MT07 advertised for £5000 lol. You can get the new hornet with all it's rider aids for £89 per month.... those are the main reasons why used bike sales are not doing well.
In 2010 I was run over on the autobahn on my 2007 gsxr1000 I traded it in as a cat N for £3200 on my new 2012 gixxer I saw it advertised for £5999 privately last month 🙂 @@ontheroadadventure also currently you can buy a brand new MT09 on the road (inc road tax) £8560 but there are year old used ones for 8750 privately
Are you kidding? More used bikes are available now precisely because people bought them on credit a couple years when the finance charges were considerably lower than today and before inflation hit them hard forcing them to sell the bikes. It is a buyers market on used bikes now. When covid first hit it was a sellers market on used bikes because there weren't that many new bikes in inventory. The only thing new bikes got going for them now is lower financing rates than used bikes. My question who is buying new or used with the high financing rates and inflation still banging on at a higher rate than salaries going up? Inventory on new bikes is up most everywhere because of high financing rates and inflationary pressures is why dealers are discounting new bikes and waiving setup and freight charges. The buyer is in the driver's seat on new and used bikes only if you don't need to finance the bikes. Unless you can get a new bike discounted enough to offset the higher financing charges buying new is a mistake because new bike residual worth really drops the first couple of years. Buying used is smarter and you avoid the steep depreciation , high financing, loss of all the new bike add-ons for a new bike. Whatever you save on a new Chinese bike you'll lose all that and more when you try and sell or trade it later.
Fair comments, I think you are right about it being a buyers market right now, dealers have far to much supply but is the demand still there or is everyone going PCP these days
It's a strange one with used bikes, there is always a glut of decent low mileage examples out there, bikers seem to swap and change their rides, not because there is anything wrong, they just fancy a change! I've done it all my riding years! 😄 In all my 48yrs 😯 of riding I reckon I've had just half a dozen new bikes, but many pre-owned machines, Great deals are always out there if you're prepared to do the footwork, take care you two 🤩
Perhaps less people are doing full bike tests due to cost of living situation? I guess for most a bike is a toy, to go along with the car so is an extra luxury?
Hi Rich&Eva, I have discovered your UA-cam channel & think it's great, I live in the s/West ( Nth Somerset) and recognise a lot of the UK roads you ride and a past customer of Bridge Motorbikes, keep up the great videos ride safe & merry Xmas cheers Graham
Benelli isn't a new brand, the company was originally founded in Pesaro, italy in 1911, I own a 1980 Benelli 900 Sei, one of those rare across the fram six cylinder jobbies. I haven't ridden any of the Benelli's built after the Chnese buyout, I do fancy trying out the Benelli 752 S just to see how it rides.
That is a very fair point! I guess I mean to say they are becoming a main player now alongside some of the larger jap brands in the uk. I am going to make a point of testing some of these bikes myself and will make some review videos on them soon
Its true that the scondhand market is now dead . PCP and 0% finance you will never compete with that . Royal Enfields 3 year care free riding V a second hand gamble ???? No Brainer realy . Sad but its true. I am stuck with three bikes and was going to order a brand new bike for spring but not now .No way am i taking a lower price than i want for the bikes . I hate finace i want to own right out . No worrys you own the bike . Back in the day girls and guys coulnt afford to buy new but now its expected .
It was 500 1:24 Bullets , electrical problems, things dropping off or fracturing , rear disc brake bolts came loose & jammed up the wheel, bolt on the crank end came loose, chain wire out in no time, handle bar mount threads gone, front brake locked solid stuck on first ride. Could go on & on, each time people say they've improved but i found different.
I keep my motorcycles for decades. I have only 2 on the road 🛣️ at present. My Sportster has 400,000 miles on the original engine. My URAL has 50,000 miles on her. She is a 1999 650 Tourist. Both are fun motorcycles. Especially my Sportster,such a fun bike to ride. So reliable and dependable too.
@@ontheroadadventure My carburetor equipped Sportster 883 runs cool in summer in Florida. I changed the oil 2X a year. I get 100,000 miles on a belt. I have worn out 37 back tires and 17 front ones. Ironically I got the bike so I would have many choices to get service work done but it has been phenomenal reliable. Out lasted all of my brand new Hondas put together. Of course agear drive does not snap and destroy the engine. She is like a rehomed dog 🐕🐶. She has a forever ♾️ home 🏠.
It must be hard to make a decent mark up, enough to make a profit, Everyone wants to sell at the best price and buy the best bargain, Hard to make money in the middle i guess
@@ontheroadadventureLook at WeBuyAnyCar and Cinch...they've 10s of thousands of cars at Rockingham all on axle stands...only a matter of time before they go bust!
My experience with a "Full Service History" was that time constrained dealers mechanics had left it needing a lot more attention than someone who owned it and gave a shit.
Bikes and luxury cars in the UK are going to tank due to the UK following the US over the cliff with it's failed war on Russia and the incoming economic crisis in the West it has caused. Best thing is not to buy anything at the moment unless you really need it. Maybe in about 10 years the UK will come out of the crisis, but hard to tell looking at the total economic control Russia, China or generally BRICS has now. Good prices on bikes and cars outside of the West now where it is more prosperous to live.
@@ontheroadadventure I'm not wrong, it's already begun, but of course UK government and media won't make a deal about how they have totally destroyed our economy with a silly war on Russia that they thought they could win. Now China has refused our offer to build our high speed train, probably because we too have tried to start a war with them, and I doubt they trust we can even pay for it now. In time I hope we have a government that isn't run by US foreign policy, and we can start actually trying to save what's left of the UK. Good thing is if you aren't in much debt there will be bargains to be had. Luxury car market is very good, I imagine there will be lots of good deals on 2nd hand bikes and probably good discounts on new ones.
Many new bikes are horrendously overpriced, so much so that the ordinary folk on the street can’t afford to buy one, even if they wanted too! I think this is the reason some manufacturers are mass producing smaller engined models with less cylinders, so as to make them available to the masses!!
PCP! Killed the second hand market. As you said, you can have a new bike for next to nothing for 3 years, then change it for a new one, hand it back or buy it.
But this only works if you dont ride them. I dont imagine they would offer us bikes on PCP due to the mileage they would have when we bring them back to the dealer
Both bikes sound cooler than Penguins Pee! Rich loves Chops and custom bikes and also owned the xj600 as his first big bike many years ago. We often think that older and simple is best but also we cannot help but want EVERY bike we see!
It's always been easy to have bikes on finance - it's also the most expensive way to buy anything. I hit seventy years last year and in 50 years of motorcycling have never actually bought a new bike. Bought one or two with just a couple of hundred miles on them but never actually new. I always let someone else take the hit of depreciation - which is always greatest in the first year or so, and wherever possible, buy from private owners rather than a dealer.
I bought two new bikes before coming to this realisation too. Il never buy new again. Also for me I don’t want to be trapped for dealer servicing to save the warranty, I’d rather do it myself
Just passed my A2 test and looking for second hand bikes is torturous. Also it’s strange knowing you guys are riding round Exeter! I live in Torbay, passed my test on those roads! Maybe I’ll see you at riviera bike night one time :)
The issue with buying used is you can buy new or nearly new for basically the same price, they hold price so well. A2 limited bikes around the 4K - 6.5k seem to be flying off the shelf, every time I’ve settled on one it’s gone
@@ontheroadadventure just watched it, fantastic! Wasn’t even on my radar before, I was going to stick with the household names for the reliability, if there’s the dealer support for the benelli down here though, will definitely consider it
@@CarsWithMewMew Yes there is look up rainbow electric bikes, they stock them in Bovey Tracey , have a demo and will do maintenance and can get parts no problem. Read through the comments on the video from actual owners… I’ve been very impressed.
I think that the 2nd hand market is flooded with bikes, I ride BMW’s and sold my r1150rt this year (2023) lovely bike, couldnt get any 2nd hand RT 1200-1250 from the dealers cos their main bike is they sell is the GS which there is a abundance of, which I bought a 1200GS one from my friend, but not my cup of tea as they say, so I am possibly looking to sell it and either buying a 2-3yr old RT or new, but trying to get a price that suits me.
I’m in the states,to buy new dealers adding $1500 in fees on average across the board. So, even a small cc bike around $3000 not leaving the showroom until close to $5000. Now used bikes if you can find one not being sold by a dealer are going for almost msrp saying save on fees. No realistic prices anywhere and see a trend where buyers going for bigger bikes instead of a beginner to be only robbed once.
@@mikewanamaker7352 we have a bit of the “admin” fee on sales here sometimes but not much more than that. I’m right in saying it’s hard to get a test ride before you buy too in the states?
Im in the market for Yamaha tenere, im going to hold out until jan/feb.. not sure whether to buy new as i dont like being charged silly money for a 600 mile service ...
For me, Yamaha is No1 when it comes to reliability, i wouldnt be too worried about trying to retain the warranty. I have Reviewed the Different models of the T7 on the channel you may like to watch them and see my thoughts ua-cam.com/video/4XFTBfWWn-Y/v-deo.htmlsi=yGOGvMuaxkPyLswt
Good for ya!!!! Selling a used bike requires patience and discernment to sort out the SCAMMERS. I have owned 90 motorcycles/ scooters so I am acquainted with the GAME. Recently, I have been getting offers from local Harley Davidson Dealers on their 23 and 24 bikes, with rediculous 96 month financing!!! To the naive and uninitiated, this sounds great!!!! Until you do all of the MATH and find that a $20,000 bike cost you $35,000----if you keep it, which you won't and then all of the offers on the Bike won't even pay the loan off. I buy new 99% of the time and pay CASH. Current bike is a 2023 Kawasaki Versys 650LT and the last was a 2018 Africa Twin Adventure Sport and before that a Triumph Rocket 3 Roadster. Thank you for keeping foul language out of your videos! GOD bless. Sam
I can't work these bike shops out tbh, they are overstocked but you walk in with cash on the hip and they won't budge on silly prices, I've seen bikes sit for months and months unsold, just doesn't make sense. I bought new once and never will again unless I win the lotto or inherit a fortune somehow! Finance is a no no for me, I agree with your Mrs on that. Looks a great channel you have, subbed,
Glad you enjoy the content 😃 We think same, sometimes you can get lucky with buying new bike with very few miles on and a lot of extras for considerably less than same but brand new. Eva was lucky like that with her AT Agree with you ans I still don’t understand why some bike shops rather sit on an overpriced motorcycle for years sometimes and would not negotiate the price, maybe it is so you just buy a new one from the shop?
Hi again Im on my 86th bike now It will not matter if your selling old or new It will always come down to Who wants it and how much there prepared to pay I live up in Cumbria and they generally buy once and keep it for ever, even if they dont like it When I lived in the south, you could sell very easy as there was a bigger audience Ive brought new bikes for £15k and done 7k on the clock and after 6 months and no dealer wants it But when they sell you it they claim the bikes bulletproof and will go around the clock Keep it as a spare Theres never a good time to sell if you go to dealer Stick with it Or gift it to me 😂😂😂
Well my son in law had Africa twin I’ve got a tiger xca and no way would I swop for the Africa twin, seat uncomfortable, didn’t like the engine but there again I was using the tiger on roads only.
We absolutely love our Africa Twins and we find the AT seat way more comfortable than the Tigers. All bikes are different and we all fancy something different every now and then! Tiger does have a nice engine, very different to others We have not taken the bikes off-roading yet but we pretty sure we will not unless is light off-roading.
Yes we all have our preferences I’m now 77 and had bikes since 1964 so I’m afraid by now I’ve had the whole gamut of bikes from oil dripping brits to a bmw s1000RR all in all 17 bikes, but I find the Tiger strangely after what you said about yours one of the most comfortable but then again I’m slightly built and this will be the last bike I own. Talking of different bikes when I came back from the north as a retired engineer i got into the “I’ve gotta have a bmw gsa 1200 like long way round” well it was certainly the wrong way round for me. I had a ride on a RE Himalayan and I thought that was a great little bike and round a farm track it handled that mud hole track better than my BM tractor 1200.
These small light simple bikes do the job well ad are keeping motorcycling affordable, The new GS for example is only for the Wealthy Middle aged man these days@@john-wq8kf
PCP. Buy a new bike on pcp, for low monthly repayment, have to get it serviced at the dealer, in 3 years give it back, walk away or start another pcp. No wonder dealers are smiling so much. And make list prices so high its hard to buy them outright. There aren't many incentives to buy outright. Although i do because i kerp them and usually put miles on them. Good watch Ride safe and happy travels
Awesome! I would never buy new again. There's always someone who blings a bike out with all the mods and then sells it with very low mileage.🤷♂️ I just wait for those👍
For me it’s actually a genuine worry when hinting of upgrading. How will I sell the bike I have. Dealers low balled so much it was an insult. I just took the hit in the end so could move on and get the upgrade
Yes and they know this tactic will work! Ideally you want to pick a bike and use it until it has no value left but we all know that never happens, we all want to change and upgrade
Wrong time of year to sell bikes... wait until spring,... april time, dealer offered me 5 grand for my old bike, sold it privately for 7.5k so don't sell to a dealer, you'll lose too much of your hard earned cash !
I have a Yamaha virago 750 from 1993 and no dealer would touch it as it’s to old , then I put it on eBay starting bid at £1,600 , when the bid finished 2 people were interested in it, I had to let one person down and the person who wanted it said will you accept £1,700 for it , yes i said only to here they live so fare away from me, then he told me it would cost him £300 to get it home , then asked me to reduce it more, I ended up not selling the bike , but this July I bought a new rebel 500 and love it , so the virago can stay in the shed and I will see what happens in April next year, I haven’t been to Exeter since I was down there on a government training course for the disabled, this was back in 1980 , I have been told where I was training the place has been demolished and houses are there now , sir Douglas bader was the patron saint of st, love’s college , I loved walking along the river x and caching the bus to exmouth .
Some bikes you are just as well to hang on to and use it in bad weather etc or perhaps make it a project bike? We have lots of videos around Devon, Thanks for joining us, hope you enjoy our videos
Came down from Newcastle going to Cornwall and stopped at the triumph dealer you went too, it is without doubt the most flash dealer I’ve ever been too, as for the Sena coms they are rubbish
Bridge Motorcycles is a good dealer but it is Premium Price. But they are so helpful and offer good customer service. Our Senas have been returned again! What do you use instead? We are thinking Cardo or Interphone
I’ve got the one that’s built into my Neotech 2 which cost nye on £300 doesn’t want to connect to any non Sena products the buttons are impossible to use with gloves. Haven’t had the water proof issues as it’s built in. Have to put up with it as cannot afford anything else and am interested to see how you get on with your replacement. Great videos by the way, made me chuckle when you looked at the sandy hill thinking could you get up it😂
We considered the built in Senas but this means you need to buy a new sena when we replace our lid each year too. Becomes a expensive hobby. Glad your enjoying the vids, We all get these silly ideas im sure of it!@@justincarter2224
You would have been better off taking the hit and simply trading it in against the AT….. unfortunately a bike is only worth what people are willing to pay and, as you found, the beginning of winter means people are not going to be interested sadly. I think the bike market is going the same way as the car market where 3yr finance deals and changing your bike each time are the way people are going
Dealer has too many overheads to buy a bike at any sort of pallatable price. Trade in might be slightly better. Bottom line with newish S/H bikes is that NO-one has the savings to spend £10k (say) on a bike - but they CAN afford £200/month for a PCP. The sums don't have to stack up - it's the only way they get a bike.
Motorcycle market is collapsing faster than the car market. Manufacturers are supplementing low interest rate loans to move bikes. With sub 2% interest rates for three years is only about $400 in finance charges on a $13k bike loan. Currently if you put $5000 in a high interest savings account for three years at the current rate of 5%, you’ll make $788. So you better off to take the $5k buying a used bike, take the low interest loan and in three years you be up $388.($788-$400 finance charge)
@@ontheroadadventure not everyone will stop buying new. Those who do buy will buy the more expensive brands. If you remember during the 08 crash, Ducati saw sales remain the same or even a slight rise sales.
I recently got a kawasaki z650rs from a dealer. It was a 2023 model but 0 miles on the clock and I got almost £1k off because they were getting the new models in and lucky for me its the bike I really wanted so don't plan on changing for a few years. They even held on to it for me for 2 months while I passed my mod 2 and delivered it for free 50 miles away. Like you said it's easy to get a new bike now aways and lots of dealer deals available.
With me, it depends how you look at it. I've only ever bought 2 brand new bikes, one in the 80s and my last one in 2020.. I never bought a brand new bike to make money. I bought one , for the new feel to the bike and sick of buying a few second hand ones , that wasnt worth the price of the handbook..when I priced my bike, for a 2 year old , it was £1500 cheaper, no contest. Ive spent even more money on mods and its the best bike I've ever had.. I intend to keep the bike for many years, so its value loss is irrelevant. My mate, buys a brand new bike every few years and part ex is old one. So he gets a new bike for approximately, 6k, instead of 10/12 k. Each to their own, I say.
@ontheroadadventure I suppose it depends on what works for you... but I do understand it's not for everyone , I always look for the pros and cons, it has to be beneficial for you..If I traded mine in now, I could get a new Busa, for 6k...or a second hand one for the same price.. Respect
@ontheroadadventure Yes, my mechanic bought brand new at the time, the 2020 Busa , this is with the new look, with the feathers down the panels..lot better looking in my opinion, had a go, but the riding style is a little aggressive for me. I opted for the 2020, bigger bike. Less aggressive riding style for the zzr1400. New.. It suits me, especially, for my height.
Never had new bike or car and saved thousands and thousands compared to mates. I wouldn’t buy a triumph of any description as much as I desire one but friends experience of electrics and dealers in particular just not for me. Mind u am a suzuki owner and £449+ vat for interim service. I will say goodbye to my warranty ( bought at 18 months old) and service myself. Not long found site. V enjoyable thanks. I also think the mkt for bikes is shrinking as old uns like me are retiring.( not me) I paid less than £6k for 1 yr old v strom 2k miles privately. Owner bought new 1 yr later offered him £2k less than paid. My good their bad
Agreed, PCP motorcycle renting seems to be the viable option for people to own the latest big brand bike but why are people not considering the smaller brands at a third of the cost
I think it's a generational thing , in my 50's and brought up that if we couldn't buy we didn't have , but I suppose people think differently today , love your video , I've subscribed , I'm still on a two stroker 💯👍🏼❤️
Yes, everyone wants the latest bike now and hire them on pcp. What 2 stroke do you have? Like everyone else I love the smell! We used to have a speed way track near me, the smell was amazing!
I keep my FJR on autotrader for 3 months last winter and price was 3000£, not single call. I take it back to place where i got it and px it for my GS and they pay me 3500£??? They sell it for 4750£ after 2 months??? I don't understand that ...
I'm convinced that car & bike manufacturers are using PCP finance to artificially inflate list prices. If everyone's buying on PCP, the sticker price is irrelevant to the punter, as you only pay the depreciation due over the term you 'rent' the bike for. When you consider the APR rate some manufacturers charge and the fact that dealers configure the numbers around deposits and monthly payments to suit themselves, not you, (it's called front loading), IMO the whole setup is an absolute racket! It's also illegal for a dealer to talk about 'equity' in a deal, too. There is no equity in a bike finance deal - it's a depreciating item, not an asset, like your house, if you're fortunate enough to own one. I get that many people use PCPs to ride bikes they wouldn't be able to afford otherwise & if you're happy, that's great, but please go into a deal eyes wide open.
Maybe the dealers wouldn't have a warehouse full if they put realistic prices on them and put some effort into selling them. Too easy for a salesman to sell a new bike on a payment plan and cash in on the commission.
prices soared at a stupid rate and people got used to robbing folk, people don't want to pay scalping prices anymore - that is how i see it. My example based on personal sales, i recently sold a 450mx bike for 2k, same bike everyone else is asking 3.5k - pure scalpers, the thing is i could have held onto it and hoped i would find a fool like these others seem to want to but why? i paid 3.5k 7 years ago, normal to lose 2k or more over that time. Perhaps people selling 2nd hand need a quick assessment of whether they actually want to sell or just have something depreciate under their eyes, 2 very different prospects
Winter I feel like you see quite a few bikes pop up this time of year, however this is also good because you know come winter you can snag a deal (as they just want rid of the bike so price also goes down) , however you just have the responsibility of cold storing it, but it's still a good deal. And some people ride all year round apart from snow so such a person would even benifit more.
It happens often if you bought 5 years old. By the time you had finished it was 10 years old. Often things didn't last 10 years. Even if it did by the time it was paid off it was time to start looking again. I believe they are doing used bikes on a PCP now. It's a bloody never ending treadmill for people who borrowed to purchase.
I think PCP and low APR finance on new bikes doesn't help the 2nd hand market. I sold a Harley to a dealer in March for 9k, I'd advertised it at 10k and not a sniff, dealer had it without the Mustang seat which i sold for £450 so was happy, the dealer had it up at 10.5k, he still has it and now its £9950 plus he drove 300 miles to collect it. Now is the worst time to sell.
Yes it’s nice food and coffee in bridge cafe. I think now is definitely a buyers market and I think dealers will be open to negotiating right now given stock levels
I do feel that buying any newish bike is basically a write-off of at least a third of the initial purchase price. I like to think that the cost of a 2 week family holiday is about what I lose at the next trade in and it doesn't feel so outrageous. Very much enjoying your content thank you.
I know what you mean, maybe about 12 months old is the way to go to try and avoid that initial loss from new
After riding used bikes for the last 20 years I went and bought a brand-new Supper meteor 650. This way I know how the bike is supposed to feel. I know their is a loss but frankly I plan on keeping this bike for 20 years.
@@joshuathomas8529 and how do you like the RE?
But you're not paying for the whole bike on PCP, that's the way to go, especially if you don't plan on keeping the same bike for a decade.
@@flippy66 what’s the mileage cap on these deals though?
One of the problems I've come across looking to buy a cash second hand bike from a private seller is, they want to get top money or above more or less getting back what they paid for it a year or two ago, I have a good look around to see prices of second in dealerships, Auto Trader and compare them to private sellers, you can often get a bike cheaper from a dealer with some warranty, I just keep looking for a bargain bike with all the extra's and a decent price regardless of who's selling it. You have to be prepared to make a loss selling second hand bikes, whether trading in or selling privately, or be stuck with it for a long while.
I Agree, however ours was by far the cheapest available. You have to be realistic if you want to make a sale. People often over value their bikes and want to include the value of extras that they spent, but we all know you never get that money back
I think that during covid all bike prices got inflated new and old. The problem is now that the prices have stayed high, probably due to the fact that people who bought in covid who paid top price still want to get top price back. The other worry when buying used is buying a melon??
That can be a risk, I’ve always been lucky though. Biggest lemon I ever bought was a new KTM!
im still riding my cz175 1975 i brought it new still going strong.
Amazing! That’s getting your moneys worth 👍
I'm in the market for a bike in the £4-7k range (buying outright with cash) and tbh, the prices people want for used is daft. Yes a lot are immaculate, with very low milage. But why would i pay £5k for a 3 year old used one when i can get brand new for £700 more from a dealer, 100% no risk, no accidents, no need to check it over or HPI it, and no messing with payment options.
We have to agree, here’s a great option for you to consider…ua-cam.com/video/-Ls256mHwrA/v-deo.htmlsi=yZF00GMbp2UV_61d
Following lockdowns people went crazy for bikes cars bicycles and dogs. Now supplies of these are available and people no longer seem desperate to get their hands on them there seems to be an oversupply. My local (100 mile round trip) BMW dealer had a shop full of used bikes, end of lockdown more or less all sold in four or five days. My four year old car, 39k miles sold to a dealer for £300 less than I payed new. Now there’s a fallout with bike and car dealers oversupplied with stock they can’t move, sheds full with bicycles that’ll probably never be used and unfortunately dog shelters filled with unwanted dogs.
Spot on
Very sad but true, so whats to be done with the Stock? i cant see Dealers Lowering the prices, I mean Their businesses cannot take the hit either, particarly the smaller shops
Its interesting to see what will happen over the next few years, will there be a drastic drop in prices?
Every asset will drop in value through 2024. Motorbikes, cars and houses etc. 2025 will see better times once people have got used to the new normal, providing we don't have too much taken off us to pay for green living.
@@thomasegan1551 Let’s hope your right
I'm in my 50s and after many years and many, many dozens of cars and bikes, I will NEVER darken the doorstep of a dealer again. I would rather get a bank loan and buy a nice bike from a private seller if that's the way I wanted to go.. The warranties are not worth the paper they're written on and once you're out the door, they are not really interested in you or the bike. Last week, I picked up a 30 year old VFR750 for a £1000, absolutely lovely thing, even with 67k on the clock. I'll be prepping it over winter and taking it to Europe in spring. I've had fairly new Tracers, Fazers, Tigers, CBF1000 etc etc.. all great machines but too much money tied up in them and too much depreciation for me.. Even my car is 32 years old and guess what..? No engine management light.. ;-)
You are probably the wise one here
I never spend big money on bikes ,so many bargains to grab second hand, glad you got a vfr750, I have one it's a 97 model and love it, just brought something different a 400 burghman in mint condition with low miles and some great extras for £1000, ITS ACE.
I bought a new bike. Then bagged a bank loan with less interest to pay. Paid the finance off. I am looking for another bike tho 2nd hand.
@@stevebee2865 I think it’s a buyers market right now for used bikes so have a good look around and haggle yourself a great deal
The bottom had dropped out the market for used and new bikes at least until spring. This is the best time of the year to buy a bike the worst if your trying to sell one.
Indeed, it is a buyers market right now. Whats interesting is that dealers also know this but all said they have to much stock. Youd think they would be buying cheap now for later
@@ontheroadadventureif most new sales are on PCP (or whatever) then they don't have much choice to get cheap bikes from sellers desperate for money - the showrooms are filled with bikes they have traded for the latest and greatest and have already made a profit on the sale of the finance deals on them!
Well hopefully the used bikes stacking up in warehouses will have to fall in price soon and it will be a bargain basement for used bikes
@@ontheroadadventure I wouldn't count on it. More likely to see one (or more) of the big used dealers closing 'because of the economic climate' than realise they have built a market on cheap finance to generate huge profits!
@@FFVoyager mad world we live in right now
Here in US used bikes still overpriced due to inflation, but not selling
There’s so much stock now in the uk that dealers were not interested in looking to see what we had
I’m one of the elusive second hand buyers, searching at the moment. My personal opinion? People want too much for their bikes, simple as that. If they were priced right, they’d sell. Same with houses, they get listed for, let’s say £200k, they don’t sell, they drop the price, they sit for a while, then they go for £170k, the price they should have been listed for in the first place. Almost every bike I look at, I’m thinking, if that was a bit less….just my opinion.
Maybe another sign of the times, people just need to make more money out of stuff because we pay more for everything else
@@ontheroadadventure I agree and that's the conundrum. We need more money when we sell things but we don't have enough to buy things. I've been looking at the 800 Tigers, I'd like to spend around 4k, and I'm looking at 2011, maybe 2012 bikes for that much money. I just don't know if they're worth it.
@@jerhughes500almost 12 years old by then 2012 model. I find used bikes have to be at least 5 years + before the price difference over new is worth it. And when you find a reasonable bike with the stock exhaust, indicators. No tail tidy. Its a good few thousand more than the cheapest ones.
I’m a sucker for the newest models and tech on a bike, I do t have the patience to wait it seems!
@@Paul-pb4wv I think people become attached to their own bikes, you build an emotional bond and that tends to reflect when people value their own bike for sale
Buy used privately is my advice, dealers just rip people off on px and trade ins. You're just funding their car style showrooms and sales people that lie and know fuck all about bikes.
Sadly I have met motorcycle salesman who amaze me when they tell me they don’t actually ride bikes themselves lol
I bought a new bike only because it did not made sense to me to buy a 4 year old bike W/O warranty for only 15% lower price, than a brand new bike. I guess it depends on the market (location), but where I am form the prices of used bikes do not make any sense. You can still see the same bikes on adds from 2, 3 years ago with the same price or even higher price and more mileage. It's ridiculous.
Yes we know what you mean, a local dealer had an Africa Twin for sale used, it had been in the show room for two years and now is 2k over priced. We tried to buy it at 10k its value not once but twice and was declined. Both times both me and ewa returned with our new Africa twins at better value. It’s like they didn’t want to sell us the bike 🤷♂️
Hi both of you, I think the trouble is at the moment buying a used bike if your doing it on finance the APR is ridiculous it’s cheaper a month buying a new one unless your buying one cash 👍👍
Yes you could be right there, we saw offers for 2% apr on new bikes, that’s hard to ignore
You could always put it on an interest free credit card for 18, 24 months. Initial 1-2 % introductory rate.
@@jackkruese4258 Good budgeting skills there 👍
Iknow Marsh barton well and frequent both dhops mentioned, i will say that both shops usually pay below trade price,but all bike shops work on the parkers price guide, and youd be VERY SURPRISED at how low that price guide is
It must be getting harder for the shops now, they are needing to get better deals themselves now in order to turn a profit
I think the other issues is that pcp is becoming really big. Smallish deposite and have a 20 grand bike and as long as you meet service intervals you have the bike for like 3 to 5 years and either buy it outright or go in for another payment plan on the next new thing. Of course unless you buy it at the end, you never fully own it. However for those who just go out every now and again, the service intervals are rarely over 20 000 miles and I bet very rarely hit major ones like the 30k miles for valve clearances. I would keep it and wait for summer and sell on auto trader or take it to bike night and then put a for sale sign on it
Did you see what happened at the end of the video, we were very fortunate 😊 You are right about the pcp though, this suits most but not us due to the mileage we do each year
@ontheroadadventure I missed that end bit. Great that you sold it :) I am like ypu, I like to put miles on my bikes. Your one looked well looked after and an absolute bargain. I hope the new owner takes good care of it
@@bikingwithgrantygrant779 Yeah I’m a firm believer that if you look after your bike it will look after you, I spend far to much time cleaning them!
I only looks at used private sale bikes (or cars) if they are very very cheap. Seen too many lemons on peoples drives that are just a few hundred quid cheaper than buying from a dealer where you have some consumer rights to protect you. Often private sales are because people think they can charge as much as a dealer would sell the bike for, or the seller knows it’s hiding something…. Happy to buy used bikes, but won’t pay almost new prices for them!
It’s certainly a mine field when buying used vehicles
I got a lovely 400 burghman for £1000 can't wait to go touring on it next sp
That’s a bargain buy!
@@ontheroadadventure 20006 model with 19000,the guy just wanted to get rid of it as he doesn't use it.
You got a good buy there@@neilwiddison6529
Always buy used with full service history, save yourself a fortune
Only if you’re patient enough to wait for the new models to be a year or two old! You are right though!
New on PCP is the way to go. You can get the 1300GS with £3k deposit for £190p/m. And there will definitely be residual in it at the end of the 3 years. The 800GS is a £2K deposit and £90 p/m! It's a no brainer compared to the used prices at the moment unless you want to own the bike outright.
I do agree these are very tempting offers, but i suspect they wouldnt offer that deal to us, whats the mileage cap on a deal like that?
I did part exchange my CB500F for the new Triumph tiger 660 sports. They sold my old bike about 6 months later. However, I love this bike, which had been named Tigger.
My old GT pro was called Tigger! You’ll see him on some of our earlier videos. Great bike 👍
We appear to be following each other around, I was in Marsh B for new tyres and a service and first MOT on the AT at Bridge over the weekend. I can't fault either place.
Bridge seemed keen to talk to me about a new Suzuki VStrom and Tiger but hey, I've got an AT why would I switch? Having said that, the newish 2023 AT over the road was tempting but I stopped myself.
Plans for Rome are ongoing, my thoughts are I'll do the tolls heading through France to the Alps then switch to no-toll roads in Italy and on the way back. I picked up quite a few tips from your Rome series.
All the best.
Andy.
Awesome trip, youll love it, but if we were to do it again, we would allow more time and avoid all the toll roads, they really sucked
No. New is not the way to go.
Not because I don't want an new bike but because I don't like all the new rubbish they come with. 6 axis IMU. Switchable riding modes, radar cruise control, active suspension etc. Keep it. I don't want it.
I'm currently in the market for a cbr1100xx, ideally an early carb'd version but I also don't mind a newer one.
By the way, I'm 33. I just don't want all this rubbish. If I wanted my bike to be totally safe and electronically controlled I'd just use my car.
I want to RIDE my bike. Not just sit in it
The beauty of motorcycles is the huge range of bikes available and the fact that we all like different things keeps it interesting. If I could have numerous bikes I’d have an old 1998 Fazer in the garage for similar reasons
Triumph are a good well known premium brand,costing £10 K and upwards new.It`s reasonable to expect to get say £6 K for a 2 or 3 yr old good example, BUT as you point out that sort of money will buy a new 650 Royal Enfield for example.The market has been distorted against the premium brands by relatively cheap imports from India and China. In addition,as I have said, the rider demographic has changed as well,plus winter is no good for sales and on top of all that there has been massive cost of living increases.Another factor is the proliferation of lower speed limits and enforcement cameras,so the once sought after high performance bike is less desireable. All things considered it`s a crap time for bikers.
This is where the more budget, lower cc brands are excelling
I'll always buy used and private with certain brands.
I'll always avoid private sales with big brands such as Ducati, BMW, KTM, and Triumph, as if they go wrong, it can be very expensive.
I also feel buying these big expensive bikes for "touring" is pointless.
I have an R1200GSA 2019. It's a good bike, but other than being able to go off road, there's nothing more it can do than my 2015 GSX1250FA, and for that reason, the GSA will be sold in January.
Sometimes keeping it simple is best
I've given up on used bikes. As an example I've been looking at a Dual Sport & I can find NEW KLR650s for $5500, then compare this to used, 1 year old with 3,000 miles, advertised for $5500 "FIRM". It's no contest, IMO.
Do you PCP?
I did finance once on a ktm duke 125, came with warranty 2 years, after 2 engine rebuilds and a slew of problems the ktm dealer wouldnt even buy it back with only 7k miles because it was unreliable 💀, now i ride a 650 bandit k6 witb 37k miles, iv done 16k miles in 1 year and only had to swap the battery...old is gold!
Wow, Although in Fairness this IS the KTM Experience! I bought a 890, Check out my KTM 890 Owners Experience and youll see you are not alone! Never Again! You just cannot go wrong with a used Bandit. That bike will last you a lifetime!
@@ontheroadadventure it's very unfortunate, I loved ktm and when I past my test, I was about to bite the bullet and buy a 790 duke, i don't know why ktm are so unreliable, they are amazing bikes when they run, its few and far between though, iv noticed though ktm fan boys get very upset when you tell the truth about the brand, I'll never buy a modern motorcycle again, God bless
@@T3-RIDER I was the same I wanted it to be good so badly I wanted to defend the brand and KTM name but the bike was a liability in the end. It’s the same story with the Harley boys lol, you try telling them it will rattle itself apart they won’t listen, not even when picking their bits off the road 😉😂😂
This all started with pcp even more so when they started doing pcp on second hand bikes and it killed the second hand market for private sellers , unfortunately life is rentable for the majority of people ☹️
You could well be right there but PCP doesn’t work if you do big miles like us, I saw a deal for 4k miles, I thought that was per month, it was for the whole year lol!
My Thoughts on this subject differ greatly. I personally refuse to give dealers any money, coz their there for one thing. To rip you off. The GS in the video for example 2015 8yrs old, 31k miles and over £7K for it is mental. If It had 5000 miles for this price would still be too much.
And why would anybody p ex any bike on a new one at a dealer. It's just crazy. People that swap every couple of years on a new one is just throwing money to the dealer, and boy do they love this kind of customer. Yeah they treat you like royalty, free coffee and you our best customer and all that twoddle. Course you are, they making a fortune from you.
If you buy the right bike it will last you your lifetime if you care for it.
And Finally, you need help if you get a "egg foo young Chinese" bike... Please don't
I do agree with you the ideal is to buy one bike and use it till it don’t run anymore, but…. Most of us can’t resist a nice shiny new bike!
End of season always slow with sales..spring time then they sell. Its always been that way. It will sell to the right person privately. 👍
Strangely it sold right after we filmed the video on ebay. But maybe things are changing in the motorcycle market, with such affordable bikes coming onto the market and PCP offers, Are used bikes now less appealing?
@@ontheroadadventure Wow good timing...pleased to hear you sold it ok . Someone will be giving that a good home and adventures next year hopefully.. I've only ever bought used bikes myself. Too much depreciation on new cars n bikes for me.
@@FREE_PUREBLOOD333 Yes they bought it to take on a Portugal tour so it will certainly be used!
The average age of the UK motorcyclist is around 54 and rising. This means the follow up of young people wanting to buy cheaper second hand bikes is shrinking. Obviously the net effect is a shrinking market for people wanting a second hand bikes, whilst the number of second hand bikes remaining unsold increases at the same rate. Interestingly this aging biker scenario is also playing out in the U.S.A. Probably why the manufacturers are all bringing modern retro classics out, chasing a shrinking market.
The trouble is that motorcycles are not cheap transport anymore and so are for people who can afford to have it as a toy or hobby. The Chinese brands are bringing out decent bikes at a third of the cost which will help younger people
I didn't take the chance trying to sell my 800 Tiger privately when I got my nearly new Tiger 1200 last month as there are so many for sale in the market, plus I got what I wanted for it and a good price on the 1200 (good time to buy). Funnily enough the dealer sold my old 800 45 mins after I'd picked up the 1200. The big plus for me is that the whole procedure was so easy, it just wasn't worth the hassle of going the private sale route.
Yes although you take a hit on trading in a used bike, it does save you allot of time and hassle. How do you like the 1200 tiger? I had the 900 GT pro and love it
@@ontheroadadventure I love the 1200 to bits, it's a big step up in power but strangely feels easier to ride and suits me better. It's also the Gt Pro. Love the vids, not too flashy and very down to earth. Keep it real you two 👍
You really cant go wrong with the triumph, youll do many happy reliable miles on it. Thanks so much for your comments, we really do appreciate them @@thelocodude01
There’s an over supply of motor bikes hence the price drops. I know in Canada where I am I can pick up a good Motorcycle for little money.
It’s a funny time right now, the shops are full to the brim here
During and immediately after covid the market was starved of new bikes, so s/h bikes sold like mad. Until recently my 2015 VSrom 650 was still seemingly worth near what I paid for it, despite me nearly doubling the miles on it. Now there are plenty of new bikes, loads of new models being released...oh and winter is on the doorstep. That said, bargains will always sell and Ewa's Tiger was an absolute bargain. As for new with finance.... that's not an option for everyone, not me that's for sure as a retired person on a budget. I have to buy canny, ex demo bikes or recent s/h. Now if I was after a R1250GS, around about now would be the time to go hunting... cash in hand.
Yes Now is the time to buy the 1250 GS for sure, or a old Himalayan for that matter! Would you consider a PCP deal or a new Royal Enfield for example over a used Triumph?
@@ontheroadadventure I wouldn't consider a pcp deal at all. Finance suits many people, but now that I am retired, if I can't afford it, I can't have it. I'd prefer a used bike, an ex-demo is ideal but equally a well looked after low mileage older bike would suit me just as well. If I was after a 1250GS, I'd be looking for the oldest bike with the lowest miles... and a FSH.
We are not realy fans of the GS, We will leave it for our later years! @@neilmackinnon3371
@@ontheroadadventure me neither, but at the NEC this week the new 1300 was buried in a sea of bald heads and grey hair ...all day! Nuff sed!
@@neilmackinnon3371 😂 And so this was why we will stick to our twins for now!
people aint got the readies...going to get worse
I’m afraid so, hard times right now
I've never done finance and can't see the point in it. If I can't afford it, I don't have it 😂
I know guys that can't do a trip they would like to do because it will go over the mileage allowance 😢
The insurance companies are getting really cute on the annual mileage and if you go over and claim they can add a surcharge ( mines £250)
Wow, that PCP lark would not work for us with the miles we do!
Very expensive for our mileage!
Depends what you're buying I guess. I bought my Rebel 500 new. The difference between new and 1 year old was less than £1k (£700 in most cases). For that extra, I'm getting newness. If you buy from a dealer you are still paying 20% VAT new or old. Dealer servicing isn't required for warranty work so I can give it a good service every year, even though service intervals are 8000 miles. I was looking at buying an RE Meteor 350 as a 2nd bike but sellers are just being unreasonable in what they want. £3500 for a one year old bike that only costs £4100 new...nonsense. Liking the videos huys!
Rebel 500 made sense to buy new I agree, just hang on for the RE I think used prices will come down soon
Most dealers go down the "second hand margin scheme" in terms of VAT, rather than a straight 20% - at least that is the case for cars.
The cost of living is a big factor. People have money but worry about paying out a lot of money on someting that has no warranty then having no cash if a big bill comes in. Also new bike prices rose steeply and are now falling due to lack of sales but private prices can be ridiculous. In 2015 you could buy a new MT07 for £5700 (£500 less than RRP) a few weeks ago I saw a 2015 MT07 advertised for £5000 lol. You can get the new hornet with all it's rider aids for £89 per month.... those are the main reasons why used bike sales are not doing well.
A fair point I brought in 2017 a brand new tracer 900, in 2020 at £7k I sold It with 30k miles on it for £5k. How much is a new tracer now?!
In 2010 I was run over on the autobahn on my 2007 gsxr1000 I traded it in as a cat N for £3200 on my new 2012 gixxer I saw it advertised for £5999 privately last month 🙂 @@ontheroadadventure also currently you can buy a brand new MT09 on the road (inc road tax) £8560 but there are year old used ones for 8750 privately
@@davidgray8863I remember when a Brand new MT-09 was £6,995 0% £99 deposit £99 a month. Probably afford that on job seekers allowance.
I’d take that for a deal now!
Madness this is
The market has gone
very quiet . I think the Koviddf bubble has come to the end, even some classic have become cheaper.
Well We are all in need of more affordable times i think
Are you kidding? More used bikes are available now precisely because people bought them on credit a couple years when the finance charges were considerably lower than today and before inflation hit them hard forcing them to sell the bikes. It is a buyers market on used bikes now. When covid first hit it was a sellers market on used bikes because there weren't that many new bikes in inventory.
The only thing new bikes got going for them now is lower financing rates than used bikes. My question who is buying new or used with the high financing rates and inflation still banging on at a higher rate than salaries going up?
Inventory on new bikes is up most everywhere because of high financing rates and inflationary pressures is why dealers are discounting new bikes and waiving setup and freight charges.
The buyer is in the driver's seat on new and used bikes only if you don't need to finance the bikes. Unless you can get a new bike discounted enough to offset the higher financing charges buying new is a mistake because new bike residual worth really drops the first couple of years.
Buying used is smarter and you avoid the steep depreciation , high financing, loss of all the new bike add-ons for a new bike. Whatever you save on a new Chinese bike you'll lose all that and more when you try and sell or trade it later.
Fair comments, I think you are right about it being a buyers market right now, dealers have far to much supply but is the demand still there or is everyone going PCP these days
@@ontheroadadventure I hear you. I just bought a 2024 Z900RS SE but I saved up and sold one bike and will sell another eventually.
@@flatcapcaferacer A fine choice you have there 👍
With so little incentive to buy used, maybe there will be a collapse in used bike prices soon. A bit of a worry for dealers with large stocks.
I think that’s inevitable right now
It's a strange one with used bikes, there is always a glut of decent low mileage examples out there, bikers seem to swap and change their rides, not because there is anything wrong, they just fancy a change! I've done it all my riding years! 😄 In all my 48yrs 😯 of riding I reckon I've had just half a dozen new bikes, but many pre-owned machines, Great deals are always out there if you're prepared to do the footwork, take care you two 🤩
I lost count how many bikes i have had now lol - We want to experience them all i guess. We are all motorcycle Addicts!
@@ontheroadadventure How True! 😁
@@Hinckley_Biker Might aswell own it lol
Could it be that there are no where near the amount of people passing their bike tests because of the stringent rules.
Is that a real issue? It’s been a long time since I did mine but ewa did her licence a little over a year ago and passed it all no trouble?
Perhaps less people are doing full bike tests due to cost of living situation? I guess for most a bike is a toy, to go along with the car so is an extra luxury?
Hi Rich&Eva, I have discovered your UA-cam channel & think it's great, I live in the s/West ( Nth Somerset) and recognise a lot of the UK roads you ride and a past customer of Bridge Motorbikes, keep up the great videos ride safe & merry Xmas cheers Graham
Hi thanks Graham, You may well recognise tonights video location then
Benelli isn't a new brand, the company was originally founded in Pesaro, italy in 1911, I own a 1980 Benelli 900 Sei, one of those rare across the fram six cylinder jobbies. I haven't ridden any of the Benelli's built after the Chnese buyout, I do fancy trying out the Benelli 752 S just to see how it rides.
That is a very fair point! I guess I mean to say they are becoming a main player now alongside some of the larger jap brands in the uk. I am going to make a point of testing some of these bikes myself and will make some review videos on them soon
Its true that the scondhand market is now dead . PCP and 0% finance you will never compete with that . Royal Enfields 3 year care free riding V a second hand gamble ???? No Brainer realy . Sad but its true. I am stuck with three bikes and was going to order a brand new bike for spring but not now .No way am i taking a lower price than i want for the bikes . I hate finace i want to own right out . No worrys you own the bike . Back in the day girls and guys coulnt afford to buy new but now its expected .
Well this is going to leave huge amounts of 3 year old ex pcp bikes with low mileage in the warehouses
Heard the whistle and instantly knew it was a triumph
Unmistakable!
Royal Enfield always look attractive on paper but I've had three & never again.
Problem after problem with them all.
What problems did you have with them? was it himalayans?
It was 500 1:24 Bullets , electrical problems, things dropping off or fracturing , rear disc brake bolts came loose & jammed up the wheel, bolt on the crank end came loose, chain wire out in no time, handle bar mount threads gone, front brake locked solid stuck on first ride.
Could go on & on, each time people say they've improved but i found different.
@@TriumphBeezaman wow, sounds like my KTM 890 experience!
I keep my motorcycles for decades. I have only 2 on the road 🛣️ at present. My Sportster has 400,000 miles on the original engine. My URAL has 50,000 miles on her. She is a 1999 650 Tourist. Both are fun motorcycles. Especially my Sportster,such a fun bike to ride. So reliable and dependable too.
Wow that’s impressive! I had a sportster, Everytime I rode it something either fell off or started leaking! I had the 1200 nightster
@@ontheroadadventure My carburetor equipped Sportster 883 runs cool in summer in Florida. I changed the oil 2X a year. I get 100,000 miles on a belt. I have worn out 37 back tires and 17 front ones. Ironically I got the bike so I would have many choices to get service work done but it has been phenomenal reliable. Out lasted all of my brand new Hondas put together. Of course agear drive does not snap and destroy the engine. She is like a rehomed dog 🐕🐶. She has a forever ♾️ home 🏠.
@@frankmarkovcijr5459 That is just epic!
It's a buyers market at the moment. Bike shops closing down. Our local one closed middle of this year.
It must be hard to make a decent mark up, enough to make a profit, Everyone wants to sell at the best price and buy the best bargain, Hard to make money in the middle i guess
@@ontheroadadventureLook at WeBuyAnyCar and Cinch...they've 10s of thousands of cars at Rockingham all on axle stands...only a matter of time before they go bust!
You’d think they would sell them off cheap to get rid of stock rather than it rotting
My experience with a "Full Service History" was that time constrained dealers mechanics had left it needing a lot more attention than someone who owned it and gave a shit.
I would far rather service my own bike always! No one cares about your bike like you do
Bikes and luxury cars in the UK are going to tank due to the UK following the US over the cliff with it's failed war on Russia and the incoming economic crisis in the West it has caused. Best thing is not to buy anything at the moment unless you really need it. Maybe in about 10 years the UK will come out of the crisis, but hard to tell looking at the total economic control Russia, China or generally BRICS has now. Good prices on bikes and cars outside of the West now where it is more prosperous to live.
I hope you are wrong! Nothing we can do but wait and see or abandon ship!
@@ontheroadadventure I'm not wrong, it's already begun, but of course UK government and media won't make a deal about how they have totally destroyed our economy with a silly war on Russia that they thought they could win. Now China has refused our offer to build our high speed train, probably because we too have tried to start a war with them, and I doubt they trust we can even pay for it now. In time I hope we have a government that isn't run by US foreign policy, and we can start actually trying to save what's left of the UK. Good thing is if you aren't in much debt there will be bargains to be had. Luxury car market is very good, I imagine there will be lots of good deals on 2nd hand bikes and probably good discounts on new ones.
The uk certainly seems to be on a downward trend. Let’s hope we can get through it
Many new bikes are horrendously overpriced, so much so that the ordinary folk on the street can’t afford to buy one, even if they wanted too! I think this is the reason some manufacturers are mass producing smaller engined models with less cylinders, so as to make them available to the masses!!
Smaller cc bikes are sure getting popular now, the costs are so much lower
Smaller Cc bikes are more practical 👍
@@iangriffiths9930 We got large cc bikes for doing huge distances but small bikes are ideal once there
My son just got his full unrestricted license, strugglingto get proper bike,just hope he rides safe,when I pass 😂
Awesome, what bike will be looking to start out on?
Tencer apparently
@@rosshannemann7772 Tenere 700?
PCP! Killed the second hand market. As you said, you can have a new bike for next to nothing for 3 years, then change it for a new one, hand it back or buy it.
But this only works if you dont ride them. I dont imagine they would offer us bikes on PCP due to the mileage they would have when we bring them back to the dealer
I have a 1971 Honda cb750/4 Custom hardtail chopper and a 1992 Yamaha xj600 diversion. And im well happy with them both. And they brought and paid for
Both bikes sound cooler than Penguins Pee! Rich loves Chops and custom bikes and also owned the xj600 as his first big bike many years ago. We often think that older and simple is best but also we cannot help but want EVERY bike we see!
Hello my friends
Hi how are you doing? is it Snowing in poland now?
More second hand choices for me .. cheers mugs
PCP is providing warehouse loads of options of used bikes all over the country!
Yeah, carry on paying 90% of the new price for used, mug.
@@simonspencer397 damned if we do…. Damned if we don’t!
It's always been easy to have bikes on finance - it's also the most expensive way to buy anything. I hit seventy years last year and in 50 years of motorcycling have never actually bought a new bike. Bought one or two with just a couple of hundred miles on them but never actually new. I always let someone else take the hit of depreciation - which is always greatest in the first year or so, and wherever possible, buy from private owners rather than a dealer.
I bought two new bikes before coming to this realisation too. Il never buy new again. Also for me I don’t want to be trapped for dealer servicing to save the warranty, I’d rather do it myself
Just passed my A2 test and looking for second hand bikes is torturous. Also it’s strange knowing you guys are riding round Exeter! I live in Torbay, passed my test on those roads! Maybe I’ll see you at riviera bike night one time :)
The issue with buying used is you can buy new or nearly new for basically the same price, they hold price so well. A2 limited bikes around the 4K - 6.5k seem to be flying off the shelf, every time I’ve settled on one it’s gone
Yes absolutely if you see us at a event feel free to come and say hi 👋 congratulations on passing your test
Absolutely, did you see the review of the Benelli 502 x I did? Fantastic bike, full Givi luggage brand new at £6500!
@@ontheroadadventure just watched it, fantastic! Wasn’t even on my radar before, I was going to stick with the household names for the reliability, if there’s the dealer support for the benelli down here though, will definitely consider it
@@CarsWithMewMew Yes there is look up rainbow electric bikes, they stock them in Bovey Tracey , have a demo and will do maintenance and can get parts no problem. Read through the comments on the video from actual owners… I’ve been very impressed.
I think that the 2nd hand market is flooded with bikes, I ride BMW’s and sold my r1150rt this year (2023) lovely bike, couldnt get any 2nd hand RT 1200-1250 from the dealers cos their main bike is they sell is the GS which there is a abundance of, which I bought a 1200GS one from my friend, but not my cup of tea as they say, so I am possibly looking to sell it and either buying a 2-3yr old RT or new, but trying to get a price that suits me.
Prices that suit…. That’s the hard part right now!
I’m in the states,to buy new dealers adding $1500 in fees on average across the board. So, even a small cc bike around $3000 not leaving the showroom until close to $5000. Now used bikes if you can find one not being sold by a dealer are going for almost msrp saying save on fees. No realistic prices anywhere and see a trend where buyers going for bigger bikes instead of a beginner to be only robbed once.
Wow that doesn’t sound good. What do they say the fees are for?
@@ontheroadadventure I’ve seen destination,prep,tax,registration,plates and even a document fee,let alone them trying for an extended warranty.
@@mikewanamaker7352 we have a bit of the “admin” fee on sales here sometimes but not much more than that. I’m right in saying it’s hard to get a test ride before you buy too in the states?
Im in the market for Yamaha tenere, im going to hold out until jan/feb.. not sure whether to buy new as i dont like being charged silly money for a 600 mile service ...
For me, Yamaha is No1 when it comes to reliability, i wouldnt be too worried about trying to retain the warranty. I have Reviewed the Different models of the T7 on the channel you may like to watch them and see my thoughts ua-cam.com/video/4XFTBfWWn-Y/v-deo.htmlsi=yGOGvMuaxkPyLswt
Good for ya!!!! Selling a used bike requires patience and discernment to sort out the SCAMMERS. I have owned 90 motorcycles/ scooters so I am acquainted with the GAME. Recently, I have been getting offers from local Harley Davidson Dealers on their 23 and 24 bikes, with rediculous 96 month financing!!! To the naive and uninitiated, this sounds great!!!! Until you do all of the MATH and find that a $20,000 bike cost you $35,000----if you keep it, which you won't and then all of the offers on the Bike won't even pay the loan off. I buy new 99% of the time and pay CASH. Current bike is a 2023 Kawasaki Versys 650LT and the last was a 2018 Africa Twin Adventure Sport and before that a Triumph Rocket 3 Roadster. Thank you for keeping foul language out of your videos! GOD bless. Sam
Wow Sam that is outrageous from Harley, bordering irresponsible really isn’t it?
Same here (oz) some selling easy some not. Prices for used as we all know were ridiculous due covid shortages not long ago 👍
And now dealers want to try to maintain those prices!
I can't work these bike shops out tbh, they are overstocked but you walk in with cash on the hip and they won't budge on silly prices, I've seen bikes sit for months and months unsold, just doesn't make sense.
I bought new once and never will again unless I win the lotto or inherit a fortune somehow!
Finance is a no no for me, I agree with your Mrs on that. Looks a great channel you have, subbed,
Glad you enjoy the content 😃
We think same, sometimes you can get lucky with buying new bike with very few miles on and a lot of extras for considerably less than same but brand new. Eva was lucky like that with her AT
Agree with you ans I still don’t understand why some bike shops rather sit on an overpriced motorcycle for years sometimes and would not negotiate the price, maybe it is so you just buy a new one from the shop?
Hi again
Im on my 86th bike now
It will not matter if your selling old or new
It will always come down to
Who wants it and how much there prepared to pay
I live up in Cumbria and they generally buy once and keep it for ever, even if they dont like it
When I lived in the south, you could sell very easy as there was a bigger audience
Ive brought new bikes for £15k and done 7k on the clock and after 6 months and no dealer wants it
But when they sell you it they claim the bikes bulletproof and will go around the clock
Keep it as a spare
Theres never a good time to sell if you go to dealer
Stick with it
Or gift it to me 😂😂😂
Did you see what happened the end?
@ontheroadadventure
No
I answered the front door to the amazon parcel Guy
Well done 👏
Ride safe I will be down to buy you 2 a drink in the new year
Lol no worries, it was strange how it went just after we filmed this! Let us know when your riding south!@@guyonacub4335
BTW just subed👍👍👍First time on your cannel . Love it . Thanks 👍👍👍👍👍
Thanks for Joining us on the road! You got some catching up to do now 👍
Hi guys, great channel and a really informative video. Good luck with the sale
Thanks so much for joining us on the road 👍
Well my son in law had Africa twin I’ve got a tiger xca and no way would I swop for the Africa twin, seat uncomfortable, didn’t like the engine but there again I was using the tiger on roads only.
We absolutely love our Africa Twins and we find the AT seat way more comfortable than the Tigers. All bikes are different and we all fancy something different every now and then! Tiger does have a nice engine, very different to others
We have not taken the bikes off-roading yet but we pretty sure we will not unless is light off-roading.
Yes we all have our preferences I’m now 77 and had bikes since 1964 so I’m afraid by now I’ve had the whole gamut of bikes from oil dripping brits to a bmw s1000RR all in all 17 bikes, but I find the Tiger strangely after what you said about yours one of the most comfortable but then again I’m slightly built and this will be the last bike I own. Talking of different bikes when I came back from the north as a retired engineer i got into the “I’ve gotta have a bmw gsa 1200 like long way round” well it was certainly the wrong way round for me. I had a ride on a RE Himalayan and I thought that was a great little bike and round a farm track it handled that mud hole track better than my BM tractor 1200.
These small light simple bikes do the job well ad are keeping motorcycling affordable, The new GS for example is only for the Wealthy Middle aged man these days@@john-wq8kf
PCP.
Buy a new bike on pcp, for low monthly repayment, have to get it serviced at the dealer, in 3 years give it back, walk away or start another pcp.
No wonder dealers are smiling so much. And make list prices so high its hard to buy them outright. There aren't many incentives to buy outright. Although i do because i kerp them and usually put miles on them.
Good watch
Ride safe and happy travels
Id hate to see what my monthly payments would be on PCP when i tell them i want 25k miles a year included!
@@ontheroadadventure scary, no doubt.
I may ask for a quote next time im at the bike shop and see what they tell me! Probably to go away lol@@teneretraveller8980
Totall wrong time of year to sell. No-one will spend especially just before christmas. Leave it until just before summer. It will sell no problem
Strangely it sold right after we filmed this on ebay! Funny how things work out
Awesome! I would never buy new again. There's always someone who blings a bike out with all the mods and then sells it with very low mileage.🤷♂️ I just wait for those👍
a good Tactic! @@absolutemoto
For me it’s actually a genuine worry when hinting of upgrading. How will I sell the bike I have. Dealers low balled so much it was an insult. I just took the hit in the end so could move on and get the upgrade
Yes and they know this tactic will work! Ideally you want to pick a bike and use it until it has no value left but we all know that never happens, we all want to change and upgrade
It's a hit on trade-in but the deal is done. No looky lews and what not.
@@derfskittlers6125 Yes got to watch out for those Test pilots!
Wrong time of year to sell bikes... wait until spring,... april time, dealer offered me 5 grand for my old bike, sold it privately for 7.5k so don't sell to a dealer, you'll lose too much of your hard earned cash !
Thats good advice if you have the room to store the bikes and wait, we were lucky to have sold the Triumph just after recording this
I have a Yamaha virago 750 from 1993 and no dealer would touch it as it’s to old , then I put it on eBay starting bid at £1,600 , when the bid finished 2 people were interested in it, I had to let one person down and the person who wanted it said will you accept £1,700 for it , yes i said only to here they live so fare away from me, then he told me it would cost him £300 to get it home , then asked me to reduce it more, I ended up not selling the bike , but this July I bought a new rebel 500 and love it , so the virago can stay in the shed and I will see what happens in April next year, I haven’t been to Exeter since I was down there on a government training course for the disabled, this was back in 1980 , I have been told where I was training the place has been demolished and houses are there now , sir Douglas bader was the patron saint of st, love’s college , I loved walking along the river x and caching the bus to exmouth .
Some bikes you are just as well to hang on to and use it in bad weather etc or perhaps make it a project bike? We have lots of videos around Devon, Thanks for joining us, hope you enjoy our videos
Came down from Newcastle going to Cornwall and stopped at the triumph dealer you went too, it is without doubt the most flash dealer I’ve ever been too, as for the Sena coms they are rubbish
Bridge Motorcycles is a good dealer but it is Premium Price. But they are so helpful and offer good customer service. Our Senas have been returned again! What do you use instead? We are thinking Cardo or Interphone
I’ve got the one that’s built into my Neotech 2 which cost nye on £300 doesn’t want to connect to any non Sena products the buttons are impossible to use with gloves. Haven’t had the water proof issues as it’s built in. Have to put up with it as cannot afford anything else and am interested to see how you get on with your replacement. Great videos by the way, made me chuckle when you looked at the sandy hill thinking could you get up it😂
We considered the built in Senas but this means you need to buy a new sena when we replace our lid each year too. Becomes a expensive hobby. Glad your enjoying the vids, We all get these silly ideas im sure of it!@@justincarter2224
You would have been better off taking the hit and simply trading it in against the AT….. unfortunately a bike is only worth what people are willing to pay and, as you found, the beginning of winter means people are not going to be interested sadly. I think the bike market is going the same way as the car market where 3yr finance deals and changing your bike each time are the way people are going
Dealers were not interested here, they have so much stock they can’t take on anymore it seems. Luckily we did sell ours privately
I think it’s following the car market
What’s happened there? Sorry cars are not our thing
I've never had a new bike in 45 yrs. It's a good job some people buy them though because obviously.......
You must have strong will power to resist the new models each year!
See your in Exeter, Got my Vulcan from speed.
Awesome, how do you rate it?
Dealer has too many overheads to buy a bike at any sort of pallatable price. Trade in might be slightly better. Bottom line with newish S/H bikes is that NO-one has the savings to spend £10k (say) on a bike - but they CAN afford £200/month for a PCP. The sums don't have to stack up - it's the only way they get a bike.
Very sad but true I think
Motorcycle market is collapsing faster than the car market. Manufacturers are supplementing low interest rate loans to move bikes. With sub 2% interest rates for three years is only about $400 in finance charges on a $13k bike loan. Currently if you put $5000 in a high interest savings account for three years at the current rate of 5%, you’ll make $788. So you better off to take the $5k buying a used bike, take the low interest loan and in three years you be up $388.($788-$400 finance charge)
Makes you wonder how it will be in a few more years?!
I suspect it will be real bad in a year and in two years hopefully it will be on the recovery.
Let’s hope you’re right, but two years before recovery may well be optimistic?
@@ontheroadadventure not everyone will stop buying new. Those who do buy will buy the more expensive brands. If you remember during the 08 crash, Ducati saw sales remain the same or even a slight rise sales.
This is true, it does not effect everyone the same
I recently got a kawasaki z650rs from a dealer. It was a 2023 model but 0 miles on the clock and I got almost £1k off because they were getting the new models in and lucky for me its the bike I really wanted so don't plan on changing for a few years.
They even held on to it for me for 2 months while I passed my mod 2 and delivered it for free 50 miles away.
Like you said it's easy to get a new bike now aways and lots of dealer deals available.
Sounds like you have a good dealer there looking after you bud 👍
With me, it depends how you look at it. I've only ever bought 2 brand new bikes, one in the 80s and my last one in 2020..
I never bought a brand new bike to make money. I bought one , for the new feel to the bike and sick of buying a few second hand ones , that wasnt worth the price of the handbook..when I priced my bike, for a 2 year old , it was £1500 cheaper, no contest.
Ive spent even more money on mods and its the best bike I've ever had..
I intend to keep the bike for many years, so its value loss is irrelevant.
My mate, buys a brand new bike every few years and part ex is old one. So he gets a new bike for approximately, 6k, instead of 10/12 k.
Each to their own, I say.
I have had a couple new ones but im not sure id buy new again
@ontheroadadventure I suppose it depends on what works for you... but I do understand it's not for everyone , I always look for the pros and cons, it has to be beneficial for you..If I traded mine in now, I could get a new Busa, for 6k...or a second hand one for the same price..
Respect
A tempting Prospect.... Nice Shiny new Busa...
@ontheroadadventure Yes, my mechanic bought brand new at the time, the 2020 Busa , this is with the new look, with the feathers down the panels..lot better looking in my opinion, had a go, but the riding style is a little aggressive for me.
I opted for the 2020, bigger bike. Less aggressive riding style for the zzr1400. New..
It suits me, especially, for my height.
@@snakeman9902 Each are amazing machines, can’t go wrong with
Bikes are like soft top cars when it comes to winter..
Wait a few month and it'll sell.
You didn’t see the end?
Yes the thought has crossed my mind. I would probably stop in France though 🤣
Get the boat from plymouth to santander - then go to south spain, get the ferry and boom youve popped off to africa!
Never had new bike or car and saved thousands and thousands compared to mates. I wouldn’t buy a triumph of any description as much as I desire one but friends experience of electrics and dealers in particular just not for me. Mind u am a suzuki owner and £449+ vat for interim service. I will say goodbye to my warranty ( bought at 18 months old) and service myself. Not long found site. V enjoyable thanks.
I also think the mkt for bikes is shrinking as old uns like me are retiring.( not me) I paid less than £6k for 1 yr old v strom 2k miles privately. Owner bought new 1 yr later offered him £2k less than paid. My good their bad
You got a fantastic deal on your bike! a good buy! so would you prefer a used Suzuki or buy a new Bike Like a Benelli at the same value?
Most cannot afford an out right purchase, but a monthly payment plan is easier on their pocket.
Agreed, PCP motorcycle renting seems to be the viable option for people to own the latest big brand bike but why are people not considering the smaller brands at a third of the cost
Prices have deliberately been inflated to deter cash buyers and force PCP on buyers, but the interest rate is where the rip off lies
I think it's a generational thing , in my 50's and brought up that if we couldn't buy we didn't have , but I suppose people think differently today , love your video , I've subscribed , I'm still on a two stroker 💯👍🏼❤️
Yes, everyone wants the latest bike now and hire them on pcp. What 2 stroke do you have? Like everyone else I love the smell! We used to have a speed way track near me, the smell was amazing!
Here in the NW USA I can't give away my 2020 HD Road King with only under 5000 miles.
You can give it away to me and il send a truck 😉
keep dropping the price and eventually you'll get takers
@@bren42069 shame to loose so much though, better to keep it until summer for more value
I keep my FJR on autotrader for 3 months last winter and price was 3000£, not single call. I take it back to place where i got it and px it for my GS and they pay me 3500£??? They sell it for 4750£ after 2 months??? I don't understand that ...
That is madness!
I'm convinced that car & bike manufacturers are using PCP finance to artificially inflate list prices. If everyone's buying on PCP, the sticker price is irrelevant to the punter, as you only pay the depreciation due over the term you 'rent' the bike for. When you consider the APR rate some manufacturers charge and the fact that dealers configure the numbers around deposits and monthly payments to suit themselves, not you, (it's called front loading), IMO the whole setup is an absolute racket! It's also illegal for a dealer to talk about 'equity' in a deal, too. There is no equity in a bike finance deal - it's a depreciating item, not an asset, like your house, if you're fortunate enough to own one.
I get that many people use PCPs to ride bikes they wouldn't be able to afford otherwise & if you're happy, that's great, but please go into a deal eyes wide open.
We as the consumers are never the overall winners
Maybe the dealers wouldn't have a warehouse full if they put realistic prices on them and put some effort into selling them. Too easy for a salesman to sell a new bike on a payment plan and cash in on the commission.
Strange tactics they seem to have right now, it’s like they don’t want to sell us the bikes!
prices soared at a stupid rate and people got used to robbing folk, people don't want to pay scalping prices anymore - that is how i see it. My example based on personal sales, i recently sold a 450mx bike for 2k, same bike everyone else is asking 3.5k - pure scalpers, the thing is i could have held onto it and hoped i would find a fool like these others seem to want to but why? i paid 3.5k 7 years ago, normal to lose 2k or more over that time. Perhaps people selling 2nd hand need a quick assessment of whether they actually want to sell or just have something depreciate under their eyes, 2 very different prospects
Hard times indeed, everyone wants to take what they can and more
Good video, please make more..Its interesting and informative, funny.
Awesome thanks for joining us. I think youll find some of our other videos funny too. try the camping ones for example!
Always the same this time of year. Good time to buy as dealers are quiet and want to move stock to make a few quid
It must be a hard time for them, we were only trying to shift one bike!
Winter I feel like you see quite a few bikes pop up this time of year, however this is also good because you know come winter you can snag a deal (as they just want rid of the bike so price also goes down) , however you just have the responsibility of cold storing it, but it's still a good deal. And some people ride all year round apart from snow so such a person would even benifit more.
We love to ride all year round, winter is definitely a buyers market for sure
Stopped taking finance out on bikes 35 years ago when the finance outlasted the bike, never again i said as i was left without a bike for over a year.
Wow how did that happen? What bike was it?
It happens often if you bought 5 years old. By the time you had finished it was 10 years old. Often things didn't last 10 years. Even if it did by the time it was paid off it was time to start looking again. I believe they are doing used bikes on a PCP now. It's a bloody never ending treadmill for people who borrowed to purchase.
They want us on that treadmill so make it really hard to refuse the deals
I think PCP and low APR finance on new bikes doesn't help the 2nd hand market. I sold a Harley to a dealer in March for 9k, I'd advertised it at 10k and not a sniff, dealer had it without the Mustang seat which i sold for £450 so was happy, the dealer had it up at 10.5k, he still has it and now its £9950 plus he drove 300 miles to collect it. Now is the worst time to sell.
I think you did well out of that one, The Dealer could be sat on the bike for a long time!
The new triumph 400 is primarily designed for sale in India, UK is small potatoes!
I think it will sell very well, the midsize market is growing, people need affordable motorcycles again
cant beat a burger from bridge :) maybe its a good time to buy a second hand bike if they cant shift them..... time for a bit of haggling :)
Yes it’s nice food and coffee in bridge cafe. I think now is definitely a buyers market and I think dealers will be open to negotiating right now given stock levels
Triumph are bringing a NEW Tiger out with more BHP and a better TFT dash so the older one's become less desirable unless really cheap......
We sold this one the day after filming the video, funny how things work out