Stallion Motorsports1647545491 Posted December 29, 2009 Report Share Posted December 29, 2009 Motorcycles, boats, jet-skis, 4-wheelers, dirtbikes, etc... Over the past two-three years i have watched the market steadily drop and hit rock bottom on these kinds of items. Nobody is buying and or paying anything for what these items are worth or used to be worth. example: people are getting financed for $9000 for a 2010 Honda 600rr never making payments, and the banks wont even come get them anymore. the reason...they cant even sell them once they get them. by the time they pay someone to go fetch them, store them etc, they have way too much money in the item. these bikes are fetching 3k-4k at auction, the banks are just taking the write off on them. causing used products to just sit around. Nobody has money to pay for anything...there is no liquid cash sitting in anyones pockets. Used items arent moving at all...period. My question to CR...Do you ever see this market coming back, or is it lost for good? on that note im going to re-list my loaded front to rear 2002 Honda 954rr in the spring, i guess we will see what happens. Tom Quote Link to comment Share on other sites More sharing options...
ICEMAN1647545504 Posted December 29, 2009 Report Share Posted December 29, 2009 This is the best time to buy toys. I'm stocking up. Quote Link to comment Share on other sites More sharing options...
Bam Posted December 29, 2009 Report Share Posted December 29, 2009 It'll come back, but I doubt it'll come back to the tune of $4500 for your 8 year old bike with 15k+ miles on it. Sorry, just being honest. In the meantime I hope not too fast as I want to score a good deal on an ATV later this year. Quote Link to comment Share on other sites More sharing options...
Jackson1647545504 Posted December 29, 2009 Report Share Posted December 29, 2009 cash is king, buyers market .... nuff said Quote Link to comment Share on other sites More sharing options...
boosted98gst Posted December 29, 2009 Report Share Posted December 29, 2009 this is the lowballers dream! Thats why id rather just hold onto something rather then have some broke dick lowball me. Quote Link to comment Share on other sites More sharing options...
FormulaMatt Posted December 29, 2009 Report Share Posted December 29, 2009 This is the best time to buy toys. I'm stocking up. +1 Quote Link to comment Share on other sites More sharing options...
zeitgeist57 Posted December 29, 2009 Report Share Posted December 29, 2009 cash is king, buyers market .... nuff said +1,000 I still frequent a Naples, FL car forum and the jetski/Jeeps/motorbike/boat used market is incredibly soft right now. A Sea Doo jetski that is only 3 years old just sold for $700 because the guy was moving out of state. You'll be seeing a lot of deals like that for awhile... Quote Link to comment Share on other sites More sharing options...
RyM3rC Posted December 29, 2009 Report Share Posted December 29, 2009 So I can get someone to finance a new sportbike, then never pay and they won't repo it? What's that about? I don't understand how it couldn't be "worth it" for a bank to repo a bike then sell it... Maybe I'm in the wrong business. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted December 29, 2009 Report Share Posted December 29, 2009 its like a commodities market. the market happens to be saturated with this kinda stuff which drives prices way down. Quote Link to comment Share on other sites More sharing options...
Rustlestiltskin Posted December 29, 2009 Report Share Posted December 29, 2009 So I can get someone to finance a new sportbike, then never pay and they won't repo it? What's that about? I don't understand how it couldn't be "worth it" for a bank to repo a bike then sell it... Maybe I'm in the wrong business. I mean ur credit will become trashed and you wont be able to buy a snickers bar on a credit card let alone be able to have a credit card or any type of loan for at least 7yrs but yea go ahead with ur plan. Quote Link to comment Share on other sites More sharing options...
John Bruh Posted December 29, 2009 Report Share Posted December 29, 2009 im glad i sold mine before the market took a shit! Quote Link to comment Share on other sites More sharing options...
Main3s Posted December 29, 2009 Report Share Posted December 29, 2009 It will come back. People just don't have the money to spend on Toys right now. Quote Link to comment Share on other sites More sharing options...
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