View Full Version : So what's to lose.......
outofreach
16-03-2011, 18:09
Anybody here know of the sort of loss they would have to take on getting rid of their VFR? Anybody on the PCP deal spoke to their dealer?
I am becoming concerned about all the problems this bike is developing with a view to long term ownership, paying 12k then 3 years later landing a possible huge bill for the rear adjuster or replacing panels, etc is not right, I accept Honda are doing the right thing for us now but will these replacements last?
There are loads of VFRs for sale so is it a case of get rid now?
paying 12k then 3 years later landing a possible huge bill
Nowhere near as much as you will lose in depreciation if you change now.
Let's be honest these problems are fairly minor they are not going to leave you stranded at the side of the road. Besides three years is plenty of time to find and sort out those teething faults.
Now if I owned a new shaft drive BM then I would definately be looking at extended warranty. ;)
Hi mate
When i had mine new i asked salesman how much the bike would be worth once i had ridden it off the forecourt realisticly price dropped from 12300 to 10K same price drop as cars sorry:m:
silverbullet
16-03-2011, 19:04
My 10 plate with toys sat in the dealers for 3 months with no intrest.
I traded it for 8.5k and I think it was sold for £8,400 which was a bargain for
a bike less than a year old:mad:
PearlandVera
16-03-2011, 20:34
I don't really care how much money I've lost on the bike, as long as I keep enjoying riding the bike as much as I do now, that's all I care about.
Cheers
Mark.
outofreach
16-03-2011, 21:31
8.5k ouch, don't get me wrong I love the bike, I rode the K1300s and didn't get the feeling I had with this one, it flatters my riding, my mate has just had a k1200gt and the stuff on it makes me a tad jealous.
Like you say it wont leave me stranded it just niggles me...it had better not I've got a 3k trip in 10wks.
Nant did you get yours from Brindley I take it you are local from your threads, I'm in willenhall.
johns6089
16-03-2011, 22:02
I really cannot understand why anyone would wish to sell what is without a doubt, to my mind at least, the most complete have a good go at anything bike out there. The rest are little more than weekend toys! Granted, there have been a few teething problems, but aren't there always? no matter what we buy? I honestly cannot think of anything else i would sooner have.:k:
As for losing value.........I will lose nowt because i aint sellin!!:m:
Hi OUTOFREACH
Yes mate got mine from BRINDLEY HONDA W-TON
Icome from W-TON
Ive got a few mates with bikes we get off all over the place WET OR DRY
Your welcome to come along if u want u mate :beer:
JOHNS 6087
Top man couldnt agree more:congrats:
honda1964
16-03-2011, 22:44
Am I missing something, does not seem to be any serious issues, the Engine issue recall is over with.
Its a great bike to ride, the market place is in a mess, if you are a buyer then never a better time. If you are a seller be prepared to take a big loss.
For me I will at least see the 3 years out but to be honest by then I can't see what is going to replace it for the value it will be worth unless I want spend another fortune. I feel it is just the right bike for my sporting kicks.
So it is simple now, great bike, bad deal without the bags etc, but I took my chance and bought it at the start so i just have to live with that.
Price wise every thing has gone up.
I bought it and now I am just going to enjoy the miles, I am sure it won't throw any disappointing ones at me. Almost a year old, been using it this week and It still thrills me.
Brilliant under rated over slated bike.:vroam:
When i had mine new i asked salesman how much the bike would be worth once i had ridden it off the forecourt realisticly price dropped from 12300 to 10KHow much??? Agreed write-off value for mine was £11,500, & I didn't haggle that hard.
Although I'd much rather still have the bike & be fit enough to ride. :cool:
Brilliant under rated over slated bike.:vroam:
+ 1. Mainly by those who have not ridden it.
I had my doubts to start with - mainly due to the press. However in the last 12 months i have ridden the following..
Ducati Multistrada and Diavel.
Triumph Tiger 800 and 1050.
Honda Varadero, CB1000F, VTec 800.
Kawasaki Z1000SX.
..and guess which bike i rode home on?
The closest i've come to doing the deal was the Kwak. It's a wonderfully capable machine - but i still didn't connect with it the same way i have my 12.
I look at it like this now - it'll cost me the price of a good second hand car to trade, and i know - i just know - i'll be kicking myself if i do.
Leave all your concerns at home and just go out and ride the thing.
reformedrebel
17-03-2011, 10:10
Yeah, I have also had a few thoughts on changing, got offered what I expected as Part ex on the VFR, If you worry too much about that sort of thing then you have no business buying brand new in the first place, remember you lose 20% (now) of the value as soon as you leave the dealership, everything levels out to leave a 3 year residual at about 30-35% this is perfectly average amongst bikes and cars alike.
Unfortunately RR the 1200 seems to have hit the 30-35% depreciation at one year. More if you paid full price for accessories. Not sure if this is the case for all manufacturers and is a sign of the economic times, or is down to the effect of the engine recall and the impact it had on sales.
Incidentally whilst out on Sun I passed two 1200s, considering I only saw about 10 bikes that is not a bad ratio.
reformedrebel
17-03-2011, 10:39
Thats still about right, first year is the big depreciation, as it includes VAT (and as you say options, that you Never get back in value) next couple of years should be around 15% depreciation again leaving a residual vaule of 30-35%
3 year residual at about 30-35% this is perfectly average amongst bikes and cars alike.
Ah see what you mean, I misread your post. Got to keep this bike for a while then, here's hoping it has the breeding of its predecessors.
Hi,
I would say anyone looking to part-ex at the moment will suffer, not just VFR1200 owners either, dealers aren't selling that much so stock levels will be high.
You could always try selling in Poland, apparently they like our used bikes they do :) Think there's mention of a Polish dealer off ebay. Although they (the Polish) used to be poles apart :d: regarding economy, they are probably better off than us now and can afford to buy.
IMHO of course ;)
Rob :)
reformedrebel
17-03-2011, 20:36
I was told the Pan i traded in went to Poland
silverbullet
17-03-2011, 20:48
My R1200RT and 1000 Varadero both went to Poland,and for good money:d:
outofreach
17-03-2011, 21:09
Thanks guys for your input, who needs cruise control and heated seats anyway........
Thanks Nant, did you say ' wet ', lol, I don't get out much these days due to being a slave to the pound, someone's got to put all this fibre optic stuff in the ground for your broadband...
I shall be frequenting the Quatt cafe at some point, it would be nice to meet up and compare bikes. I have seen a few 12s around but have only spoke to one owner so far from Shrewsbury up at the A49 cafe.
reformedrebel
17-03-2011, 21:16
wierd, I have never seen another on the road, I know there is another one in Norwich as my mate came in to work last weekend raving about how he 'beat me off the lights'! turns out he was gesticulating to some poor sod (he is about 20 stone and riders an 1800 cruiser ) then pulled up next to him, stared him down and went tearing off down the road, if you are reading this, sorry! :dunno:
vBulletin® v3.7.3, Copyright ©2000-2013, Jelsoft Enterprises Ltd.