Cost Impact of Ninja 300

[kingkang204]

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]

It either won't be affected or will go up

[kingkang204]

Originally Posted by Jiggles

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]

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]

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]

Originally Posted by folky15

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]

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]

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]

Although prices are different throughout the country I expect they will see the same trends.

[folky15]

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]

Originally Posted by folky15

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]

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]

Originally Posted by folky15

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]

Originally Posted by Jiggles

I have $4000 to spend on a bike, can I get a new 300!?

Not with that attitude =P

[Jiggles]

Quick glance at craigslist shows that in the entire bay area, there is one used 2012 ninja for sale

[4950cycle]

What the heck does " new 300s become crashed 300s mean ?

[Jiggles]

Originally Posted by 4950cycle

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]

Originally Posted by Jiggles

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. searchtempest.com ftw

[Jiggles]

Originally Posted by folky15

Not really sure how thats entirely relevant, but i just came up with 6 current gens for sale in the bay area. 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]

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]

Originally Posted by folky15

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]

Originally Posted by Jiggles

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]

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]

Around here pregens and newgens are listed for original MSRP, sometimes higher

[Jiggles]

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]

Originally Posted by Jiggles

People are ****ing bananas

I TOLD YOU!!!!

[algs26]

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]

Originally Posted by Jiggles

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...

[Confuzshuz]

Originally Posted by algs26

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]

Originally Posted by Confuzshuz

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...

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]

Originally Posted by Jiggles

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]

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]

Originally Posted by CZroe

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]

Originally Posted by algs26

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]

Originally Posted by Jiggles

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]

Originally Posted by algs26

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.

Originally Posted by Jiggles

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]

Originally Posted by CZroe

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]

Originally Posted by Jiggles

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]

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...cts/ffvr29.htm

http://www.dmv.ca.gov/pubs/brochures/howto/htvr9.htm

[Jiggles]

Originally Posted by Confuzshuz

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...cts/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