Roomie
Banned
I think what he means is that a 12k bike loses 20% right off the lot. Thats about right, but good luck selling a bike for 10k, as most people do not have that cash.
Take a 12k bike to a dealer, they wont give you more than 8k, then charge 10k, and get 12k with financing.
New bikes make no sense unless you dont have the money and need financing.
I was just being smart. There's way too many bikes on kijiji etc for sale for the amount with financing and people think they're actually going to get it. Saw my identical old 600 for sale for 500 more than going to the dealer and buying one new. Example #2, there's a guy I think in Hamilton with a yellow 2012 gsxr 750 that wants 12k for it. The dealers can't give that color away and I was just offered one for just under 10 brand new. Some people are just nuts.