Is buying Brand New REALLY that much of a bad idea?

[thepuma]

Ok...so I hear a lot of 'Dont buy Brand New you lose way too much money' on here and had this in mind whilst looking for my next bike.

Ive decided I want a 600 sport (new or up to 2 years old) and the GSXR600 just seems to fit the bill perfectly for me.

So...I have been looking around at prices and brand new they are £6999 on the road. Then looked at used prices as I assumed with all the advice on not buying new, I could save a fair wedge.

1 year old ones are going for around £6500-£6800....and 2 year olds for £6000. Now to me, I dont see the value in buying a 2 year old bike but only saving £999. With new you get the joy of owning a brand spanker..you know it hasnt been ragged and dropped etc..you also get the warranty...and if current 2nd hand prices are anything to go by, you wont lose a great deal when you come to sell it.

Am I missing something? Im just weighing up the pros and cons of new vs used and new just seems the most viable really.
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YBR125 (SOLD) - CBR250R(SOLD) - CBR650F(SOLD) Current - Street Triple
765 RS

[MarJay]

[Tungtvann]

I was going to call bullshit on your figures, as it just didn't seem right, but yes, you are! Bikes do tend to hold their value far better than cars, but still, for sake of £500-1000 get yourself the brand spanker rather than the 2 year old with 5k on the clocks. It also means you can ride it a year or 2 and sell it for barely any loss.

Unless I'm missing something too!

[thepuma]

[Tungtvann]

Even my 5 year old FZ6 would still sell for almost as much as I paid for it 18 months ago (according to autotrader) and I've done like 5k on it. I'm really surprised actually, I may sell it and buy a new bike!

[Llama-Farmer]

With a brand new one you can usually get more leeway with price, free accessories/equipment and finance deals.


A new bike may cost less over 4 years than a 2 year old bike does over 4 years, as finance offers tend to be much better on brand new ones, plus you have 2 fewer MOTs and brand new tyres on already.

Get the dealer to throw in first year tax and discount on some clothing and you'll get a great value.


Suzuki are desperate to sell so the dealers may be very generous on extra incentives.
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Current Bike: 1999 Honda CB600 FX Hornet
Next Bike: I want a CBR-RR. And I want an F800 GS-A. And a VFR 800. Can I have all 3?
Dream Bikes: Honda VFR750R RC30, Honda NSR500, Ducati 996 R

[ScaredyCat]

September is just around the corner - that's new registrations. If you don't care about the plate then get one now and grab a bargain. Many will be waiting for the new reg before buying...

get in there... get a deal... get some extras....
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Honda CBF125 ➝ NC700X
Honda CBF125 ↳ Speed Triple

[pinkyfloyd]

I bought new, got a 0% finance deal on a Yami. That made it worth it, even with the depreciation from riding it out of the showroom.

Buying new if you intend to keep it for a good few years to negate the depreciation is fine. Buying new and wanting to sell in a few years will cost you.
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.

[goto10]

[FlightRisk]

Someone has to.
I would not buy a new car but I would def buy a new bike if I had the tokens.
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Honda CB500S

[waffles]

Sometimes buying brand new makes more sense than buying second hand, I think you found a prime example! See if they are throwing any extras in as sometimes you can get 0% finance deals or accessories chucked in. If you really want the bike, can afford the repayments (or have the full amount already) and are prepared to be locked in to a 2/3 year repayment plan then why not?


I bought my last car brand new and one of the perks I got was a prepaid Visa card with £500 on it. It was advertised as free fuel but I went out and spent it on other stuff instead
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Theory test - 19/8/09, CBT - 11/10/09, MOD 1 - 16/8/10, MOD 2 - 27/10/10
Past rides Yamaha XT125X, Triumph TT600, Honda XR250
Current rides Suzuki GSXR 600, Honda MSX125

[andys675]

with deals as mad as that buy a new one, if we all said no to new bikes there wouldn't be any used ones

you only "lose" money if you sell it

I bought mine new, PCP, when the bulk payment is due I'm going to pay it off and keep it, unless they bring out a street triple with 800 cc and 125hp
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Some people feel the rain, others just get wet.

[thepuma]

Well....I wouldnt be actually buying the bike till september as thats when my restriction runs out. .so it would definitely be a 64 reg.

I will have about half to put down and if I can get 0% over 2 or 3 years it would be a deal. Get the feeling with these low% deals they want you to put the minimum down and spread over a longer period.

I could do with test riding one...although I have seen enough reviews on YouTube and it would take some disaster for me not to like it. I do like the Daytona 675 but thats a bit more tham what I wanted to spend (on new) and also like the CBR600RR but I have had 2 Hondas now and fancy trying something different.
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YBR125 (SOLD) - CBR250R(SOLD) - CBR650F(SOLD) Current - Street Triple
765 RS

[Nexus Icon]

As I said on another thread somewhere, my Suzuki is 3 years old now and I recently saw one with similar mileage to mine and of the same age to the month for sale at about £60 MORE than I paid new 3 years ago. There are deals to be had on new bikes that just don't seem to transfer to second hand.
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Greetings from Shitsville!

[UrbanRacer]

Buying brand new has its advantages
Got a brand new S1000RR a few years ago, unfortunately it turned out to be a dog of a bike with problems. My only saving grace was that it had a full warranty and it was a PCP deal. Warranty covered all the problems and when i got half way through the deal i was able to hand it back early. Had that been a 2nd hand bike i'd have been f**ked and had to shell out more money to fix all its problems.

Now i've got a new R1 and i got it on the 0% finance deal that Yamaha have got going at the moment. 3 years free servicing as well and an extended warranty. The R1 has been an awesome bike and i'll likely keep this one for quite a while.

Bonus of buying brand new is that the bike is yours, no one else has had it before you nor do ever have to wonder if the previous owner ragged the life out of it round a race track.

[pja8]

V-strom 650 is currently £1000 off list price, to me that's a bargain for a new bike. Would consider it but I'm a shorty, doubt my feet would touch the ground.
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Current - Triumph America LT Previous - Honda VT750S, Kymco Pulse S 125cc, Suzuki GS500e, Kawasaki KH100ex & Suzuki TS50er

[The Shaggy D.A.]

[ScaredyCat]

[Rogerborg]

[pja8]

I think yes you would negotiate but for a new bike I think that's a good starting point for a very usable bike. (Not trying to make this a vstrom thread)

So is it worth buying any new bike, I say yes, especially if it is Suzuki as they don't always wear well. I think you must intend to keep it though for a few years in my opinion to make buying new truly worth while.
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Current - Triumph America LT Previous - Honda VT750S, Kymco Pulse S 125cc, Suzuki GS500e, Kawasaki KH100ex & Suzuki TS50er

[thepuma]

[Northern Monkey]

It's not a sensible financial decision, but then buying a bike isn't a sensible financial decision. That's what ford focuses are for.

If the different in price isn't that much to you, and you like the idea of a new bike, then go for it

The big disadvantage is that if you don't like it and you buy second hand, then you can probably sell for almost what you paid, but if you buy new then sell you get humped. In you're situation, I would (and did) buy new
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Fisty: after polishing the tank with the glistenng beads of sweat from my full hot scrotum, I filled the headrace bearings with 10cc of my manmilk

[stevo as b4]

A good deal is a good deal doesn't matter if it's on something new or used. You do find that good secondhand bikes sell well and as such the dealer's don't really need or feel inclined to price them to rush out of the door anymore. Possibly there's still more room for deals and options/accessories with a new bike sale though?

I'd buy new if it suited me, I did buy my 600 brand new, and didn't regret it at all. On a £4900 bike I only lost £2700 in 6years! I don't even think of it as losing money, as that was low depreciation in my book, and the fun and good times I had with that bike are worth a lot more than £2700 that's for sure!

These days I doubt I'd buy new, simply because my tastes have changed, and they don't build the kind of bikes I like the look of brand new generally.

[sidewinder]

I think suzuki are doing that guy Martin £750 off deal as well.

[G]

Does a 2014 600 actually offer much over a 2008 or 2010 600cc bike?

From what I've seen (and I've not really being paying attention to be fair); post credit crunch development has slowed significantly. Even with litre bikes, it seems the BMW is the only really big jump and hasn't moved on THAT much since the first version, bar the HP4, which is a tad pricey.