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| huskie69 |
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huskie69
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Joined: 10 Nov 2010
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 Posted: 09:12 - 03 Mar 2011  Post subject: Bike prices vs Season |
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Does anyone know if the season has a direct and noticeable influence on the prices of second hand bikes i.e soft-top cars in the summer etc.
I'm looking to maybe hold off an extra month or two on my big bike - by which time it'll be nice and sunny (and I'll have the cash to buy one I actually want). Will I be paying a bit more than if I'd bought the same bike this month?
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'10 Skyjet SJ125-23 - Crashed  > '09 YBR 125 > '53 Suzuki SV650 - Died > 2010 Suzuki VanVan 125 > '87 Yamaha FZ750 Sold > VTR 1000 FireStorm - Sold > Honda CB1000R |
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| RichieZX6R |
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RichieZX6R
Nearly there...
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| Teflon-Mike |
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Teflon-Mike
tl;dr
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Posted: 09:46 - 03 Mar 2011  Post subject: Re: Bike prices vs Season |
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| huskie69 wrote: | Does anyone know if the season has a direct and noticeable influence on the prices of second hand bikes i.e soft-top cars in the summer etc.
I'm looking to maybe hold off an extra month or two on my big bike - by which time it'll be nice and sunny (and I'll have the cash to buy one I actually want). Will I be paying a bit more than if I'd bought the same bike this month? |
Yes.
March, people start pulling thier bikes out of winter storage.
April, they get them running.
end of Arpil, beginning of May, with the Bank Holidays, every one gets out and about on them.
People see them about, feel a bit of feeble sun, and have the brain wave THEY ought to get a bike for the summer...
Folk that have pulled thier bikes out of storage, decide to flog them on and buy something different, so the market booms quite rapidly and a lot of bikes are traded.
After that it starts to slow down a bit. There aren't as many bikes come up, and some buyers hold off saving for summer holidays instead, but prices stay strong throughout the summer, until around September October, when some try and sell on early, to bank cash whilst prices are still good, so they dont have a bike laid up depreciating over winter, and others decide to sell on sports bikes and the like to get winter hacks. So you get a second 'flurry' of trading, and more bikes in the papers, but with not quite such strong prices as in the spring boom.
By November, most are worrying about Christmas, and if they haven't bought or sold by then, they wont. After Christmas, most are still hibernating, and its not until January bikes start to get traded again, and then usually desperation sales, when Christmas credit card bills come in. Bargains to be had in January and early February, but limited choice, then six weeks later, march happens, and it all starts to go silly again......
So, right now's not the best time to buy. Two months time, you get best choice with more bikes on offer, but worst prices and most people competing for what IS on offer.
Would you save buying now? Would you loose buying later?
all depends on how much you are thinking of spending, and on what!
Bottom end the market, savings aren't going to be huge anyway, higher up the market, more the seasonal difference wil be magnified.
Also on bike type. Folk will be starting to dump winter hacks around now for thier summer bike. so if you want something cheap, rough and ready, you might do better buying now, but if you want something smart and sporty for summer, you should have bought a desperation sale just after christmas.
Couple of damping factors in there. Learner Legals aren't so seasonally influenced. A lot of teenagers will buy 125's as soon as they are old enough and can afford one, commuters will buy them when they have the need, and those aren't seasonally effected, though still influenced.
Likewise, 33bhp machines, folk will get them as soon as they can after passing test... and more people pass their test late summer than do early spring....... but even so, still seasonally influenced.
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My Webby'Tef's-tQ, loads of stuff about my bikes, my Land-Rovers, and the stuff I do with them!
Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?' |
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| huskie69 |
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huskie69
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| Posted: 09:56 - 03 Mar 2011 Post subject: |
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Thanks for a great reply Teflon Mike. The fluctuations make absolute sense of course. I'm hoping to get hold of a Hornet 600 for no more than £1500. I'm hoping the prices don't shoot up too much by the time I get the cash together.
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'10 Skyjet SJ125-23 - Crashed > '09 YBR 125 > '53 Suzuki SV650 - Died > 2010 Suzuki VanVan 125 > '87 Yamaha FZ750 Sold > VTR 1000 FireStorm - Sold > Honda CB1000R |
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| Rogerborg |
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Rogerborg
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| Posted: 10:04 - 03 Mar 2011 Post subject: |
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[UPDATE] Eh, what Mike said.
I was looking for practical bikes over Xebusmass and had no luck finding a bargain. Prices were high, condition was poor, or the seller decided that they'd lowballed their asking price and pulled an "Aaaaah, mate, actually I'll get £££ more if I hold on to it and sell in the spring" (so why did you offer it at winter prices in the middle of winter, you daft spazz?).
Dealers in particular seemed pretty disinterested in selling - none of them said it, but I got the impression that they'd rather hang on to their stock until spring than have a low margin turnover in the winter.
I think if you're prepared to put the time in, and can make a quick swoop and cash purchase, then you can bag a winter bargain, but you'll need to be on your toes when the right bike comes up.
There should be a better selection of bikes for sale in the spring, from serious sellers, and you'll be in a better position to pick and choose.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
Last edited by Rogerborg on 11:14 - 03 Mar 2011; edited 1 time in total |
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| c-m |
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c-m
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| Teflon-Mike |
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Teflon-Mike
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| Posted: 11:46 - 03 Mar 2011 Post subject: |
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| huskie69 wrote: | I'm hoping to get hold of a Hornet 600 for no more than £1500. |
Yeah..... OK...... I dont think it'll matter what time of year you go looking for that particular rare bird!
They are out there.... but they ent spotted very often!
And there's a lot of folk all after the same thing!
Hornet prices seem to start at around £2K ish, and go up from there.
The few that are beneath that are the very early models, and they seem to be commanding prices just over £15oo rather than just under.
Quick squiz, turned up about forty on offer, only ONE was under £1500........
On that basis, seasonal 'adjustment' may go in your favour, if you can find five or six hundred more, in the next couple of months, when prices will strengthen a little, and more should be coming on the market... there will be more buyers for them, but clambering up a notch into the 'over' £2K bracket, you'll be competing with fewer of them for any particular bike, simply becouse there will be so many more people trying to get sub 1500 machines, of which there are fewer, and less trying to get the £2K+ examples of which there are more....
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My Webby'Tef's-tQ, loads of stuff about my bikes, my Land-Rovers, and the stuff I do with them!
Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?' |
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| Nixon |
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Nixon
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| Teflon-Mike |
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Teflon-Mike
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| Posted: 17:57 - 03 Mar 2011 Post subject: |
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| nixon wrote: | You see although what mike says is logical and probably does happen, I have noticed that allot of sellers especially dealers have a clear idea of what the bike is worth and stick to their guns about it regardless of the time of year.
I looked at a 2006 R6 in December (in the snow) that was priced the same as it would be today and in the summer because that's what the bike is worth regardless of time of year.
But I do think that does tend to be more on newer more expensive machines. |
Yeah, I did qualify the seasonality, its just one of the variables. Price range and bike type are more influential in most instances. Lots of things effect price, and 'top book' can often be 50 or 60% more than bottom book, seasonal variance would generally be far less, but does depend.
One big seasonal influence used to be, & I don't know if it still is, the Importers 'floor stock' deadline for each new years catalogue line up. I think dealers had to place their spring floor stock order in about October, for the bikes to arrive in February.
If older models were being deleted from the catalogue, and a new one introduced, dealers would often heavily discount the older models in their floor stock to make room for the new ones, around about Christmas.
They also used to often take in more Part Exes in the autumn, and use them as 'fillers' in the workshop slack season, with a view to punting them out for better money in the spring, holding stock of more cheaper bikes to keep the credit level down, and make the show room still look 'busy'.
The seasonality is there, spring/easter there are more buyers looking for bikes for the summer, and the market picks up. September October, more bikes are offered for sale as people look to wind down for the winter, and the market picks up.
Spring is a stronger sellers market, Autumn a stronger buyers market, but the 'strength' of that effect may not be that great, unless magnified by other factors, like price range, bike type etc etc.
____________________
My Webby'Tef's-tQ, loads of stuff about my bikes, my Land-Rovers, and the stuff I do with them!
Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?' |
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