Plunging resale value - Page 3 - Honda CBR 300 Forum
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post #21 of 32 Old 01-01-2019, 04:00 PM
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Originally Posted by Jackalope View Post
This is not going to make many of you happy, but I just bought a 2015 CB300F with only 400 miles on it (no, she never rode it, still has the breakin oil in it) for $2,200. Good deal for me, not so much for buyers of new bikes.
If the break in oil is still in it does that mean the crankshaft recall was not done?
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post #22 of 32 Old 01-02-2019, 12:43 AM
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I have no idea. First I've heard about a crankshaft recall. Can you tell me more?

Ah, nevermind. Found it myself. I'll have to ask the previous owner.
https://ultimatemotorcycling.com/201...shaft-defects/
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post #23 of 32 Old 01-02-2019, 12:46 AM
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It's cranking right now, but almost certainly needs replacement. It's three years old. That's on my list of maintenance.
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post #24 of 32 Old 01-02-2019, 12:47 AM
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ROFLOL! Might need to check dry rot for sure.
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post #25 of 32 Old 01-02-2019, 11:03 AM
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[QUOTE=MotoMike;31677
I'd say the take away from this is that you can't really gauge "fair resale value" on just one individual bike that one particular dealer is selling, especially this time of year in North American.[/QUOTE]

When I was checking out the Kawasaki Z125 Pro the salesman showed me the wholesale value of my bike (as of last December). He let me take a photo of the printout. I assume the wholesale and retail values are specific to Canada, but the rate of depreciation may be similar in other markets.
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File Type: jpg Trade-in value.JPG (1.57 MB, 14 views)
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2015 CB300FA

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post #26 of 32 Old 01-02-2019, 02:03 PM
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Quote:
Originally Posted by Jackalope View Post
This is not going to make many of you happy, but I just bought a 2015 CB300F with only 400 miles on it (no, she never rode it, still has the breakin oil in it) for $2,200. Good deal for me, not so much for buyers of new bikes.
USD to CDN money conversion.. $2200 USD is about $3000 CDN. Thats pretty well what I see asking price for a 2015 Honda CBF or Honda CBR 300 for sale locally. Last Fall (October) my local dealer offered me $2800 CDN for my 2015 300 R towards a new 2018 CBR 500 R. (Both have ABS)
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The problem with bikes aimed at first time riders is that first time riders buy them..
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Epic statement...from crazyjackcsa
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post #27 of 32 Old 01-04-2019, 02:50 PM
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The amount of experience and enjoyment I gained by riding CBR cannot be measured by the dollar value!
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post #28 of 32 Old 01-04-2019, 09:17 PM
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The amount of experience and enjoyment I gained by riding CBR cannot be measured by the dollar value!

No, but it can be purchased by someone else for less!
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post #29 of 32 Old 01-04-2019, 09:26 PM
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I work at a Kawasaki/Yamaha dealer. Bought the Honda before I started working there...Anyway the salesman offered me $2,500 the other day towards any new bike. I would love a new bike, but I don't need a new bike. I see people come in all the time, buying 125's and 300's and trading them in 3 months later, losing hundreds if not thousands of dollars on the trade. I don't want to be one of them, making terrible financial decisions like that. I wanted this bike, and I'm going to keep this bike, for a minimum of 5 years from the date of purchase.

2016 CBR300R
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post #30 of 32 Old 01-05-2019, 06:33 AM
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I wanted this bike, and I'm going to keep this bike, for a minimum of 5 years from the date of purchase.
Great plan. I'm intending to keep my CBR - which I bought for a very good price second hand - for at least 2 years. Just remember that you're allowed to change your plan if a great opportunity comes up (or if Honda launches a CBR350RR!)
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Faster is not always better...!
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