View Full Version : Cost Impact of Ninja 300
kingkang204 September 11th, 2012, 08:01 PM I was wondering what you guys thought would happen to the value of the Current and Previous generations of the ninja 250r when the ninja 300 is announced / released. When will the price be affected? How much?
Jiggles September 11th, 2012, 08:02 PM It either won't be affected or will go up
kingkang204 September 11th, 2012, 08:07 PM It either won't be affected or will go up
I'm curious, why do you think the value of the older bikes will go up? My thought is that they're value will go down substantially.
Jiggles September 11th, 2012, 08:18 PM Just look at the current price of pregens and you will see why. As the MSRP of a new bike goes up so does the market value of the older bikes
folky15 September 11th, 2012, 08:22 PM I'm fully expecting the value of the current-gen 250's to drop a bit. Probably won't be much of an impact, but the desirability of existing bikes will go down.
Jiggles September 11th, 2012, 08:29 PM I'm fully expecting the value of the current-gen 250's to drop a bit. Probably won't be much of an impact, but the desirability of existing bikes will go down.
People who are looking at buying a used 250 will not be looking at buying a new 300.
Demand for 250s will stay the same but there will no longer be 250s sold for $4200 new, instead there will be 300s sold for $5000 new
For example, if my used 2011 is worth $4000 now when it costs over $5000 OTD to get a new ninjette, then what will my used 2011 be worth when a new ninjette costs nearly $6000 OTD?
If the price of the 300s were to stay the same then existing bikes would either be worth the same as they are now or less but since the price of the 300 will be going up (rather significantly) the price of current bikes will either stay the same or go up.
kingkang204 September 11th, 2012, 08:32 PM I wasn't in the market for a motorcycle in 2008 when the current generation of the 250r was released, so I don't really know what happened to the prices previous generation of them. As a consumer, I would want the most current model, considering all the improvements they've made to it.
kingkang204 September 11th, 2012, 08:41 PM Do you think the impact will be regional? Because here in WA used new gens in good condition with low miles (<5000 +/- 1500) are around $3300-$3500. From what I know bike prices in Cali are significantly higher.
Jiggles September 11th, 2012, 08:45 PM Although prices are different throughout the country I expect they will see the same trends.
folky15 September 11th, 2012, 09:42 PM Increasing prices for used 250's in the past may just be due to overall higher demand for motorcycles in general.
If people interested in a used 250 aren't going to be interested in a new 300, then who is the target market for the new 300? I think they will compete, and the used 250's will generally be less desirable. New 300's will quickly become used 300's in the marketplace. but who knows, economics are complicated.
Jiggles September 11th, 2012, 09:47 PM Increasing prices for used 250's in the past may just be due to overall higher demand for motorcycles in general.
If people interested in a used 250 aren't going to be interested in a new 300, then who is the target market for the new 300? I think they will compete, and the used 250's will generally be less desirable. New 300's will quickly become used 300's in the marketplace. but who knows, economics are complicated.
I have $4000 to spend on a bike, can I get a new 300!?
folky15 September 11th, 2012, 09:55 PM The new design and fuel injection will be enough to get some people to 'buy up' and spend a bit more to get the latest and greatest. And remember, new 300s will become used 300s.
Jiggles September 11th, 2012, 10:04 PM The new design and fuel injection will be enough to get some people to 'buy up' and spend a bit more to get the latest and greatest. And remember, new 300s will become used 300s.
New 300s will become crashed 300s. In about a year new 300s will become used 300s :)
kingkang204 September 11th, 2012, 10:08 PM I have $4000 to spend on a bike, can I get a new 300!?
Not with that attitude =P
Jiggles September 11th, 2012, 10:10 PM Quick glance at craigslist shows that in the entire bay area, there is one used 2012 ninja for sale
4950cycle September 11th, 2012, 10:13 PM What the heck does " new 300s become crashed 300s mean ?
Jiggles September 11th, 2012, 10:14 PM What the heck does " new 300s become crashed 300s mean ?
n00b buys bike, n00b crashes bike, n00b gets scared of bike, n00b sells crashed bike
folky15 September 11th, 2012, 10:18 PM Quick glance at craigslist shows that in the entire bay area, there is one used 2012 ninja for sale
Not really sure how thats entirely relevant, but i just came up with 6 current gens for sale in the bay area. :thumbup: searchtempest.com ftw
Jiggles September 11th, 2012, 10:19 PM Not really sure how thats entirely relevant, but i just came up with 6 current gens for sale in the bay area. :thumbup: searchtempest.com ftw
I was making a point about how quickly a particular model years bike becomes available used. The 2012s have been out for nearly a year and are the least common to find used right now. Expect the 2013s to follow a similar trend and because you can't get a 300 used and can no longer get a new 250 for $5000, the price of 250s will go up
folky15 September 11th, 2012, 10:24 PM Interesting, I'll guess we'll see! Generally speaking, I think that when a new generation of a product is released, the older generation is less desirable. but i hope you're right and mine won't lose much value!
Jiggles September 11th, 2012, 10:31 PM Interesting, I'll guess we'll see! Generally speaking, I think that when a new generation of a product is released, the older generation is less desirable. but i hope you're right and mine won't lose much value!
I agree with your old gen new gen theory but I think the ninjettes are exempt from it
CZroe September 29th, 2012, 09:25 PM People who are looking at buying a used 250 will not be looking at buying a new 300.
People will read reviews and people will be influenced by the differences. Think about it: The 300 didn't exist last year and that same market had to buy 250s and from there, they made the new/used decision. This year, they don't have to buy 250s and the used 250 market automatically loses that portion of the demand.
Confuzshuz September 29th, 2012, 10:31 PM It's all about supply and demand. Until the market is flooded with the Ninja 300s, I don't expect to see significant changes. My guess, it will probably happen some time late next year or early 2014.
I think it's pretty obvious, used 300s will retain the most value, followed by the 08-12 250s, and, lastly, 07-older 250s.
Here, in California, I've seen private sellers list 07s models with around 5K miles for under $2k. 08s for around $2500. I just listed mine for sale; 2011 w/ 3500 miles and received offers around $3k. I think I can get around $3300ish for it. If I sell it next summer, I think I would be able to do for $2800 to $3000 w/ 5000 miles. Once the 300s flood the market, I would think these prices to drop by $200-400.
My opinion is based on the fact that there are no new entrants to the market. Supposedly, there is a Honda 500cc supposed to released for 2013. It may or may not affect the market.
Jiggles September 29th, 2012, 10:37 PM Around here pregens and newgens are listed for original MSRP, sometimes higher
Jiggles September 29th, 2012, 10:39 PM See.
http://sfbay.craigslist.org/sfc/mcd/3290532323.html
http://sfbay.craigslist.org/eby/mcd/3286934671.html
http://sfbay.craigslist.org/pen/mcy/3294087092.html
http://sfbay.craigslist.org/eby/mcy/3297771979.html
People are ****ing bananas
Jiggles September 29th, 2012, 10:52 PM People are ****ing bananas
I TOLD YOU!!!!
http://i21.photobucket.com/albums/b276/seanvoight/30745396RBc8EIT_zpsd7e07bfa.gif
:cool:
algs26 September 29th, 2012, 11:00 PM Here as well. There's almost no point in looking for a used one at these prices.
I checked out a 300 as it was bring driven out. It's nice. The white has a sparkles in the paint. Dealer's asking for $6.1k OTD. Likely getting it too. At least they completely filled the gas tank.
Confuzshuz September 29th, 2012, 11:07 PM Around here pregens and newgens are listed for original MSRP, sometimes higher
Asking/listing price vs selling price are two different things.
We have those hopefuls, too, here in Socal. Just because they financed a 250 for $7000, the figured an excellent price to sell is $6500 and they are doing the buyer a favor (I'm exaggertating, sort of). Keep an eye on how long these bikes will be/have been listed. It will give you an idea of how the market is doing. They may or may not sell well.
When I was looking for a bike. I saw 2009 buell blast low miles at antelope valley HD listed for around $3500. It was listed for 2-3 weeks. Then, it was gone. I found it at Carmichael Honda up in north Cali for $5000. That's more than MSRP. They had it listed for months, but I lost track of it. Dealers have a better chance of selling a used, older, and discontinued models because so many people walk in w/o any knowledge on bikes. Also, dealers have the ability to finance. It can take a while.
On another note, if people are actually willing to pay top dollar in your neck of the woods, then we'll have to start a business. I'll buy them cheap here and you sell them at a premium there...:thumbup:
Confuzshuz September 29th, 2012, 11:08 PM Here as well. There's almost no point in looking for a used one at these prices.
I checked out a 300 as it was bring driven out. It's nice. The white has a sparkles in the paint. Dealer's asking for $6.1k OTD. Likely getting it too. At least they completely filled the gas tank.
Get a costo membership.
Jiggles September 29th, 2012, 11:16 PM On another note, if people are actually willing to pay top dollar in your neck of the woods, then we'll have to start a business. I'll buy them cheap here and you sell them at a premium there...:thumbup:
Not cheap enough in socal. In other states going rates are about 2k for newgens, we need to buy them ride them over here and resell them for double what we paid. The california idiots will eat it up!
CZroe September 29th, 2012, 11:20 PM Not cheap enough in socal. In other states going rates are about 2k for newgens, we need to buy them ride them over here and resell them for double what we paid. The california idiots will eat it up!
Except that you can't just register them in CA without adding the CA emissions equipment. :( By the time you did that and factored your labor, you'd be in the same price territory. If you moved there and it was previously registered to you, you could.
algs26 September 29th, 2012, 11:21 PM I thought I read about some 7500 miles law thing with CA. Otherwise, you could make a ton importing them like some soda can deposit scheme.
Jiggles September 29th, 2012, 11:22 PM Except that you can't just register them in CA without adding the CA emissions equipment. :( By the time you did that and factored your labor, you'd be in the same price territory. If you moved there and it was previously registered to you, you could.
They have to be either over 2 years old or have over 7500 miles
CZroe September 29th, 2012, 11:25 PM I thought I read about some 7500 miles law thing with CA. Otherwise, you could make a ton importing them like some soda can deposit scheme.
Yep. Last I checked, if you move to CA, you can register it with less but you can't sell it until 7,500 miles.
CZroe September 29th, 2012, 11:28 PM They have to be either over 2 years old or have over 7500 miles
Unfortunately, I believe that's only AFTER they are registered by an excepted CA resident like a person moving into the state (they don't want their extra emissions regs putting a damper on the economy by discouraging earners from joining their economy). Once it's registered in CA and over 7,500 miles, it can be sold to another CA resident and registered. At leat that is the way they described it to be when I moved there with my new 2008 model in 2008. I don't think a resident of CA can't just buy one out of state, bring it back, register it, and have no issue just because it's 2+ years old or past 7,500 miles. :(
Confuzshuz September 29th, 2012, 11:32 PM I thought I read about some 7500 miles law thing with CA. Otherwise, you could make a ton importing them like some soda can deposit scheme.
They have to be either over 2 years old or have over 7500 miles
I researched this heavily while I lived in Vegas for the past 2 years before I moved back to California. The 7500 miles law is correct. I'm not familiar with the 2 year law. I don't think that exists, but I could be wrong. There are other factors to avoid the 7500 mile requirement, but they wouldn't be relevant for this application.
The soda can importing would have been perfect when I was in vegas since there's no credit redemption value out there. Too bad it's not legal.
Jiggles September 29th, 2012, 11:40 PM Unfortunately, that's only AFTER they are registered by an excepted CA resident like a person moving into the state (they don't want their extra emissions regs putting a damper on the economy by discouraging earners from joining their economy). I don't think a resident of CA can't just buy one out of state, bring it back, register it, and have no issue just because it's 2+ years old or past 7,500 miles. :(
For some reason I don't believe you
CZroe September 29th, 2012, 11:45 PM For some reason I don't believe you
That's how they described it to me when I moved and took my new 2008 bike there in 2008.
Even if the exception works for motorcycles, cars have the problem of needing to pass CA emissions testing even if they are initially registrable. I guess it's a good thing we aren't talking about cars. :)
Confuzshuz September 29th, 2012, 11:47 PM As long as the bike has 7500 miles, it's no longer considered new. Any person can register it in california.
Jiggles, can you provide a source regarding the 2 year thing? That just doesn't sound right to me.
here are my sources: http://www.dmv.ca.gov/pubs/brochures/fast_facts/ffvr29.htm
http://www.dmv.ca.gov/pubs/brochures/howto/htvr9.htm
Jiggles September 29th, 2012, 11:54 PM As long as the bike has 7500 miles, it's no longer considered new. Any person can register it in california.
Jiggles, can you provide a source regarding the 2 year thing? That just doesn't sound right to me.
here are my sources: http://www.dmv.ca.gov/pubs/brochures/fast_facts/ffvr29.htm
http://www.dmv.ca.gov/pubs/brochures/howto/htvr9.htm
Say you have a 2005 ninjette with 5k miles, you can bring it to cali because it is over 2 years old even though it has less than 7500 miles
Confuzshuz September 29th, 2012, 11:58 PM Say you have a 2005 ninjette with 5k miles, you can bring it to cali because it is over 2 years old even though it has less than 7500 miles
I need a reliable source, you are not considered a source.
Jiggles September 30th, 2012, 12:04 AM Hmm, scour ca.dmv.gov for info for you, or continue watching ghost in the shell. I'm going with the latter, sorry bud
Confuzshuz September 30th, 2012, 12:09 AM Hmm, scour ca.dmv.gov for info for you, or continue watching ghost in the shell. I'm going with the latter, sorry bud
deleted.....expletive.....deleted....deleted....expletive....good night.....expletive
Alex September 30th, 2012, 12:24 AM Sorry my jiggles, there's no 2-year exemption. The 7500 mile rule applies no matter how old the vehicle. But - it only applies to bikes that don't meet California emissions. Those bikes that meet 50-state emissions can be brought in no matter what the mileage.
Jiggles September 30th, 2012, 12:30 AM Well that pretty much shoots down the entire business since none of these bikes have over 3k miles on them
thomason2wheels September 30th, 2012, 05:18 PM I TOLD YOU!!!!
http://i21.photobucket.com/albums/b276/seanvoight/30745396RBc8EIT_zpsd7e07bfa.gif
:cool:
Too effing funny....omg lmao :thumbup:
CZroe October 1st, 2012, 05:50 AM Well that pretty much shoots down the entire business since none of these bikes have over 3k miles on them
I heard dealers specifically say that they bought bikes out of state and made them into CA bikes or ran the miles up to sell them in CA, so it works for some in the biz.
Hint: You really only need to run the odometer up. Engine doesn't even have to be running on these mechanical ODO bikes.
Sapper October 8th, 2012, 01:26 PM I have to imagine that newgen 250Rs will drop a little in value. Pregens might drop a little too but this is less likely- the price difference is so huge (01 250R for $1500 used vs an 08+ for $3500). Different market IMO.
Regarding the 300...most people aren't walking into the dealer and paying cash they sign their name in a few places and ride out for $104/mo through Kawasaki financing. Even easier if they have already bought a bike from Kawi they have a line of credit and don't even have to apply again.
In that case not many people are going to take the slower, less fuel efficient, carbureted 250R for $89/mo when they can have the 300 for $15/mo more.
Jiggles October 8th, 2012, 02:20 PM I dont think many people get loans for used motorcycles.
|
|