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Old 10-27-2008, 03:06 PM   #21
MOKE1K
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Originally Posted by BrowningBAR View Post
So, here's a question; with oil falling quickly (but who knows for how long) and the economy in the crapper for the next 18-24 months, will we see a huge used bike market with noticeable price drops?

We have been led to believe that over the past two years people have been buying more bikes specifically to counter the high gas prices, additionally over the last eight years bike sales have grown at a very high rate (with most purchased on credit/loans).

Will the bad economy (credit/loans/debt/job loss) combined with lower gas prices lead to a huge used bike market with noticeably shrunken pricing?

What say you, my politically geeked up MOrons?

Dont see this happaning at all, if anything I believe it will be quite the opposite. Although the sales arent going through the roof right now, only the future knows.
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Old 10-27-2008, 03:31 PM   #22
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Originally Posted by MOKE1K View Post
Dont see this happaning at all, if anything I believe it will be quite the opposite. Although the sales arent going through the roof right now, only the future knows.
I've been buying, selling and insuring bikes for two and a half decades. The market is soft and getting softer. Between 2005 and now there has been an annual drop in streetbike sales of about 11%. There are no signs of slowing, yet. I predict (no KP jokes) that the market will drop another 11-15% for the next 3-5 years. On the plus side. When you're in the market for that "new to you" 2009 motorcycle in 2011 you should see a willing sales manager trying to figure out a way to not give birthday parties to the left over inventory making new bike buys quite attractive.
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Old 10-27-2008, 04:52 PM   #23
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Motorcycle sales will follow the economy. Toys get sold first and bought last in bad times, and motorcycles are toys for most. It will get worse before it gets better.
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Old 10-27-2008, 04:57 PM   #24
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Nope. We're pretty short on nuances here.
What is this "nuances" thing of which you speak? And where might I find one for myself?
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Old 10-29-2008, 11:32 AM   #25
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Motorcycle sales will follow the economy. Toys get sold first and bought last in bad times, and motorcycles are toys for most. It will get worse before it gets better.
Hopefully it wont get too bad. Although being in a ride all year around state will help,but yes its declining. Most due in part by the credit requirments needed latly. Hell who knows, maybe that will be what saves the buisness, people who still have good credit AND make over 250k a year:]!
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