Book Value

ponch · 12-25-2009, 11:36 AM

I made the mistake of looking up the book value on my 2007 Nomad. Ouch. Average retail 7960 and low retail 6000. It's not even three years old.

**glwilson** · 12-25-2009, 11:39 AM

I hear you Ponch...

The real pain becomes a reality when you trade it in. Better off to sell it outright.

Todd · 12-25-2009, 11:49 AM

Book values are not real accurate for motorcycles in determining market value like they are for cars.

I have sold 3 different motorcycles and gotten substanially more that top "book" retail value. Just sold a small Honda XR100 that booked for $650 top retail for $950. Sold a Honda Shadow for about $1500 over book several years back. And sold a Yamaha for much more than book value.

bulldog · 12-25-2009, 12:44 PM

Yea it is quite a shocker on how much they depreciate. Looked a HD before I bought mine but Nomad was a lot better bang for the buck and thousands cheaper. Makes you wonder if I should of bought a HD. Don't get me wrong love the Nomad and is cheap to maintain vs HD, guess I will have to ride the wheels off of it to get my monies worth.

Bulldog

jasperboy · 12-25-2009, 01:58 PM

Current values on all bikes have dropped over the past year due to the economy. I've seen numerous HD's that would have sold for $15K 18 months ago going for $10-$11K. When I bought my 2006 Noamd last fall I was able to sell my 1999 Nomad for $5500, (well over book value) and now I see them going for high $3K's. Best to get the one you really want and ride it forever.

audiogooroo · 12-25-2009, 02:18 PM

I hear ya man. But I take great comfort in knowing that I didn't buy my Nomad as an investment...at least not in the monetary sense! Ride and enjoy brother! :)

12-25-2009, 02:42 PM

I lost about 50% when I sold mine, but I sure have some great memories and met some awesome people....it was worth it!

dantama · 12-25-2009, 02:50 PM

Quote:

Originally Posted by wolfman

I lost about 50% when I sold mine, but I sure have some great memories and met some awesome people....it was worth it!

You gave a hell of a deal on yours, I remember wishing that you offered it to me, even though I have one. :)

**Top Cat** · 12-25-2009, 03:09 PM

It's good to see you around here Wolfie.
Is there another bike in the future?

12-25-2009, 03:45 PM

I don't think so....I was asking my wife the other day if she would ever want to get one again, maybe when we're older and ride across the country or something and she was thinking more along the lines of a convertable sports car, she still has the sore butt too fresh in her memory. When I sold mine we agreed I could always rent one if I got the itch and I haven't even done that yet, I guess I don't really miss it all that much.

rickyboy · 12-25-2009, 05:56 PM

Hey wolfman!! Merry Christmas. Nice of you to stop by for a visit. Hope things are going well for you. ......what da ya mean "you don't miss it"?

ponch · 12-25-2009, 07:10 PM

I wouldn't buy a HD. They are ergonomically incorrect for me at any price.

Quote:

Originally Posted by bulldog

Yea it is quite a shocker on how much they depreciate. Looked a HD before I bought mine but Nomad was a lot better bang for the buck and thousands cheaper. Makes you wonder if I should of bought a HD. Don't get me wrong love the Nomad and is cheap to maintain vs HD, guess I will have to ride the wheels off of it to get my monies worth.

Bulldog

ponch · 12-25-2009, 07:15 PM

I was thinking of something like this: http://www.horizonsunlimited.com/pre...sa-offside.jpg
The local Victory/Yamaha dealer just took on BMW, so I said to myself, I wonder what the Nomad is worth...Ok, I got the wrong answer.

Quote:

Originally Posted by audiogooroo

I hear ya man. But I take great comfort in knowing that I didn't buy my Nomad as an investment...at least not in the monetary sense! Ride and enjoy brother! :)

ponch · 12-25-2009, 07:15 PM

You sold your bike?

Quote:

Originally Posted by wolfman

I lost about 50% when I sold mine, but I sure have some great memories and met some awesome people....it was worth it!

12-25-2009, 07:28 PM

yeah, I've been bikeless for over a year now.....

12-25-2009, 11:36 AM	#1
ponch Sr. Contributor Join Date: Nov 2007 Location: Way East Valley Posts: 12,017	Book Value I made the mistake of looking up the book value on my 2007 Nomad. Ouch. Average retail 7960 and low retail 6000. It's not even three years old. __________________ Ponch VBA 0019 VROC 8109-R BMWMOA 162849 BMWRA 41335 BMW: When you care enough to ride the very best. My Motorrad Blog My Motorrad YouTube 2009 BMW R1200RT Previous bikes:2007 Nomad \| 2001 Vulcan 800 Classic \| 1984 GPz750 \| 1978 KZ1000A2 Rallies: Custer '09\|Prairie Du Chien '10\|Crescent City '11 Login or Register to Remove Ads
	0

12-25-2009, 11:39 AM	#2
glwilson Join Date: Jul 2008 Location: North Central Illinois Posts: 8,575	Book Value I hear you Ponch... The real pain becomes a reality when you trade it in. Better off to sell it outright. __________________ "During times of universal deceit, telling the truth becomes a revolutionary act." "You can have your own opinion, but not your own facts." *Former VBA NCR Assist Regional Leader* Formerly: 2004 1500FI Bronze Nomad: 2009 & 2014 HD Ultra Current Rides: 2017 HD Ultra Limited & 2011 Can Am Spyder RTS-SE Attended: VBA National Rallies 2009, 2011, 2015; VBA/NCR Regional Rally 2010, 12, 14, 16 and several rides throughout with regional members. VBA Member #652 HOG Member #3935417
	0

12-25-2009, 11:49 AM	#3
Todd Top Contributor Join Date: Aug 2007 Location: Greensboro, NC Posts: 5,915	Book Value Book values are not real accurate for motorcycles in determining market value like they are for cars. I have sold 3 different motorcycles and gotten substanially more that top "book" retail value. Just sold a small Honda XR100 that booked for $650 top retail for $950. Sold a Honda Shadow for about $1500 over book several years back. And sold a Yamaha for much more than book value. __________________ Todd Frazier VBA #0003 VBA National Leader-USA Operations/Garage Moderator - RETIRED 2006 Black Nomad since she was born Greensboro, NC
	0

12-25-2009, 12:44 PM	#4
bulldog Jr. Member Join Date: Jan 2009 Location: Medicine Hat, AB Posts: 36	Book Value Yea it is quite a shocker on how much they depreciate. Looked a HD before I bought mine but Nomad was a lot better bang for the buck and thousands cheaper. Makes you wonder if I should of bought a HD. Don't get me wrong love the Nomad and is cheap to maintain vs HD, guess I will have to ride the wheels off of it to get my monies worth. Bulldog
	0

12-25-2009, 01:58 PM	#5
jasperboy Sr. Member Join Date: Jan 2009 Location: Wadsworth, OH Posts: 1,238	Book Value Current values on all bikes have dropped over the past year due to the economy. I've seen numerous HD's that would have sold for $15K 18 months ago going for $10-$11K. When I bought my 2006 Noamd last fall I was able to sell my 1999 Nomad for $5500, (well over book value) and now I see them going for high $3K's. Best to get the one you really want and ride it forever. __________________ Current Bike - 2011 Victory Vision Tour Previous Bike: 2006 Nomad Original Nomad: 1999 G/G Nomad VBA #931R VROC #16379R Login or Register to Remove Ads
	0

12-25-2009, 02:18 PM	#6
audiogooroo Sr. Member Join Date: Oct 2007 Location: Colorado Springs, Colorado/Las Vegas, NV Posts: 3,390	Book Value I hear ya man. But I take great comfort in knowing that I didn't buy my Nomad as an investment...at least not in the monetary sense! Ride and enjoy brother! :) __________________ Audiogooroo - Daryl Porter Colorado Springs, CO VBA #248 VROC #17261 1999 Grn/Grn Nomad
	0

12-25-2009, 02:42 PM	#7
Guest Posts: n/a	Book Value I lost about 50% when I sold mine, but I sure have some great memories and met some awesome people....it was worth it!
	0

12-25-2009, 03:09 PM	#9
Top Cat Join Date: Jul 2007 Location: Peoples Republic of New York State Posts: 15,154	Book Value It's good to see you around here Wolfie. Is there another bike in the future? __________________ Tim "TC" Conley VBA #9 2011 Victory Kingpin mine 2013 Victory Boardwalk -hers [LEFT][COLOR=#000000] [SIZE=4]
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12-25-2009, 03:45 PM	#10
Guest Posts: n/a	Book Value I don't think so....I was asking my wife the other day if she would ever want to get one again, maybe when we're older and ride across the country or something and she was thinking more along the lines of a convertable sports car, she still has the sore butt too fresh in her memory. When I sold mine we agreed I could always rent one if I got the itch and I haven't even done that yet, I guess I don't really miss it all that much.
	0

12-25-2009, 05:56 PM	#11
rickyboy Top Contributor Join Date: Jun 2007 Location: 108 Mile Ranch B.C. Canada Posts: 5,472	Book Value Hey wolfman!! Merry Christmas. Nice of you to stop by for a visit. Hope things are going well for you. ......what da ya mean "you don't miss it"? __________________ Nomad'a What ! "rickyboy" Richard Cole Canada West Region 108 Mile Ranch, British Columbia Canada Vulcan Bagger Assoc. #00722 Black 2006 Nomad https://cdn2.iconfinder.com/data/ico...Book_32x32.png
	0

12-25-2009, 07:28 PM	#15
Guest Posts: n/a	Book Value yeah, I've been bikeless for over a year now.....
	0

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