OP
@breaknwind avatar
UTC

Ossessionato
Red Devil SH150i (10,000)
Joined: UTC
Posts: 3237
Location: Orange Park Florida
 
Ossessionato
@breaknwind avatar
Red Devil SH150i (10,000)
Joined: UTC
Posts: 3237
Location: Orange Park Florida
UTC quote
I bought my red SH 3 years ago. Paid $2,400. I bought my Black SH for $4.100 new out the door. I was searching for the bike value when I bought the red bike, it was $$2,100. I'm always looking at used scooter prices.
There are 3 SH's for sale on marketplace, $3,500(red), $3,100(red) and $3,000(black). I checked KBB a few days ago and it listed as $3,100.
Are Vespa's used value doing the same?
@adri avatar
UTC

Atypical Canadian
2009 Vespa S50(LX150 motor swap), 2006 Vespa GTS250ie
Joined: UTC
Posts: 2295
Location: Toronto, Canada
 
Atypical Canadian
@adri avatar
2009 Vespa S50(LX150 motor swap), 2006 Vespa GTS250ie
Joined: UTC
Posts: 2295
Location: Toronto, Canada
UTC quote
Yeah, probably. Inflation's great if you already have assets, and it's a bitch if you don't.

I bought my V-Rod for $7,200 CAD in 2016.
Spent another $1,000 on taxes, licensing, upgrades, maintenance, and repair.

Then I put 25,000 km on it over five years, and sold it $10,500. That's 45% more than I bought it for Clap emoticon

The reality is, the book values mean SFA. It just takes one person desperate to sell, or one person who really wants what you have to sell, to throw all bets out the window.

Like anything in life, a bike's only worth what the highest bidder is willing and able to give you for it.
@madison_sully avatar
UTC

Veni, Vidi, Posti
MP3 500, GTS 250 (both 2008 MY), 2013 Piaggio BV 350, 2014 Can Am Spyder RT
Joined: UTC
Posts: 7548
Location: Madison, Wisconsin
 
Veni, Vidi, Posti
@madison_sully avatar
MP3 500, GTS 250 (both 2008 MY), 2013 Piaggio BV 350, 2014 Can Am Spyder RT
Joined: UTC
Posts: 7548
Location: Madison, Wisconsin
UTC quote
adri wrote:
Like anything in life, a bike's only worth what the highest bidder is willing and able to give you for it.
Bike's worth the actual transaction dollars.
Willingness and/or ability are necessary, yet insufficient, to sway the market.
Nerd emoticon
UTC

Veni, Vidi, Posti
Joined: UTC
Posts: 6554
Location: Tega Cay, SC
 
Veni, Vidi, Posti
Joined: UTC
Posts: 6554
Location: Tega Cay, SC
UTC quote
The prices you see - the ASKING prices - have been overinflated for a couple of years. I usually buy scoots at this time of year when people are paying off Christmas debt and months before they may get a tax return check from Uncle Sam. Then some are willing to sell a scoot that they have owned for 5 years, put less than 2,000miles in all that time and it won't start any more. Last year, I was surprised when prices did not budge and this year I have only seen a slight decline. But I'm patient. Razz emoticon
UTC

Veni, Vidi, Posti
Joined: UTC
Posts: 6554
Location: Tega Cay, SC
 
Veni, Vidi, Posti
Joined: UTC
Posts: 6554
Location: Tega Cay, SC
UTC quote
Hey BW, another thing I thought about is the rarity of your scoot here in the states and you hardly see one come up for sale. And when they do, they sell quick.
@adri avatar
UTC

Atypical Canadian
2009 Vespa S50(LX150 motor swap), 2006 Vespa GTS250ie
Joined: UTC
Posts: 2295
Location: Toronto, Canada
 
Atypical Canadian
@adri avatar
2009 Vespa S50(LX150 motor swap), 2006 Vespa GTS250ie
Joined: UTC
Posts: 2295
Location: Toronto, Canada
UTC quote
Madison Sully wrote:
Bike's worth the actual transaction dollars.
Willingness and/or ability are necessary, yet insufficient, to sway the market.
Nerd emoticon
You're pickier with words than me but you're definitely right.

What a book says it's worth doesn't matter.
What a seller thinks it's worth doesn't matter (like Tierney mentioned).

Only thing that matters as far as what the bike is worth is how much it actually sells for. Anything else is just noise.
OP
@breaknwind avatar
UTC

Ossessionato
Red Devil SH150i (10,000)
Joined: UTC
Posts: 3237
Location: Orange Park Florida
 
Ossessionato
@breaknwind avatar
Red Devil SH150i (10,000)
Joined: UTC
Posts: 3237
Location: Orange Park Florida
UTC quote
The SH isn't that rare if your willing to travel. My mother was a flee marketeer and my experience is mostly, ask for more than you want to make the buyer feel good about getting a deal by haggleing.
I check marketplace daily and the over priced SH's are on it for 3-5 months. As soon as they drop the price, it's gone. When I bought the red SH, the seller sold it the same day they put the add up. I was checking Craigslist daily at the time.
The point of this thread is the book value, not how to buy or sell.
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