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Thread: Caution buying used bikes

  1. #51
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    yup, if keep as track bike definitely will tow up and down

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    Quote Originally Posted by teambhp View Post
    Agree with you.as for your last question, the answer could be current owner will try to sell them at a profit


    i just checked the numbers of motorbikes deregistered in 2014, its actually lesser than 2013. That means more ppl renew their COE in 2014 rather than scrap?! 2014 was the year when PQP more than doubled from under 2k in Jan to over 4K in dec!

    to add : at the same time, new registration in 2014 dropped so that means more people renew their COE as COE prices rises... so my thinking that there's less demand for 9+ years bikes is wrong!
    Liverpool revival has started....

     

     
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    yup, if keep as track bike definitely will tow up and down.

    However is there a way to apply permit or something to keep the de-registered bike?

    I guess another alternative maybe is convert to vintage plate

  4. #54
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    Quote Originally Posted by filtered View Post
    If we dont renew COE and de-register the bike, can we still keep it or must scrap?

    Maybe park in living room as decoration, or keep as track bike =D
    Definitely must scrap

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    Quote Originally Posted by kzone View Post
    i just checked the numbers of motorbikes deregistered in 2014, its actually lesser than 2013. That means more ppl renew their COE in 2014 rather than scrap?! 2014 was the year when PQP more than doubled from under 2k in Jan to over 4K in dec!

    to add : at the same time, new registration in 2014 dropped so that means more people renew their COE as COE prices rises... so my thinking that there's less demand for 9+ years bikes is wrong!
    Stats provide another perspective. Demand for old bikes hard to measure. If one wanna pays 8000 for a 2005 Busa, then again,it's their decision

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    http://www.lta.gov.sg/content/ltaweb...-vehicles.html

    Hehe can convert to vintage (restricted) plate. Can use 28 days in a year....thats about maybe twice a mth, can consider lol.....

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    Quote Originally Posted by teambhp View Post
    Stats provide another perspective. Demand for old bikes hard to measure. If one wanna pays 8000 for a 2005 Busa, then again,it's their decision
    the stats shows what actually happened in the past. u cant deny facts. Intrepetation matters of course, but in this case not much required, very straight forward.. the numbers speak for themselves. I also compared against the COE issued etc.. dont have time to post the numbers but essentially, the total population stays around the same, deregistration reduced, new bike registration reduced so can only mean COE renewals increased.
    Liverpool revival has started....

  8. #58
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    Quote Originally Posted by kzone View Post
    the stats shows what actually happened in the past. u cant deny facts. Intrepetation matters of course, but in this case not much required, very straight forward.. the numbers speak for themselves. I also compared against the COE issued etc.. dont have time to post the numbers but essentially, the total population stays around the same, deregistration reduced, new bike registration reduced so can only mean COE renewals increased.
    New bike registered reduced cos coe quota reduced.

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    Quote Originally Posted by teambhp View Post
    New bike registered reduced cos coe quota reduced.
    yes, but overall population remained the same so that means renewal increased? no?
    Liverpool revival has started....

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    Quote Originally Posted by kzone View Post
    yes, but overall population remained the same so that means renewal increased? no?
    I would not be able to answer unless you can post the stats

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    Quote Originally Posted by filtered View Post
    http://www.lta.gov.sg/content/ltaweb...-vehicles.html

    Hehe can convert to vintage (restricted) plate. Can use 28 days in a year....thats about maybe twice a mth, can consider lol.....
    The bike must be pre-1940, and a whole lot of nonsensical restrictions...

     

     
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    Quote Originally Posted by teambhp View Post
    I would not be able to answer unless you can post the stats
    Its on LTA website below.... u can check other ownership stats as well

    http://www.lta.gov.sg/content/dam/lt...MVP_by_COE.pdf
    Liverpool revival has started....

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    2015 is the year bike coe explode. Any meaningful conclusion needs to be reference to 2015. However the stats are not out

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    Quote Originally Posted by teambhp View Post
    2015 is the year bike coe explode. Any meaningful conclusion needs to be reference to 2015. However the stats are not out

    dont anyhow say leh... 2014 was the year that has the biggest impact not just in terms of numbers but especially because it has been almost stagnant in 2013.

    Jan 13 - 1933
    Dec 13 - 1812
    2013 Reduced $121 / 6%

    Jan 14 - 1989
    Dec 14 - 4312
    2014 Increase $2324 / 117%

    Jan 15 - 4403
    May 15 - 6512
    2015 (YTD) Increase $2109 / 48%
    Liverpool revival has started....

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    Quote Originally Posted by matthias76 View Post
    Teambhp is providing a simple evaluation of bike values in this thread. And some of his views are harsh but pragmatic.
    Teambhp is providing a biased view based on vested interest. Yes, of course there are many bad deals available second hand. There are also many many good deals. The view that a new bike is always a better "deal" is complete nonsense.

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    Quote Originally Posted by di_andrei View Post
    Teambhp is providing a biased view based on vested interest. Yes, of course there are many bad deals available second hand. There are also many many good deals. The view that a new bike is always a better "deal" is complete nonsense.
    not always but its starting to be like that, which is the trend for cars now where the depreciateion for new cars can be lower than used cars. In the recent past, used bikes has always been the more economical choice both in absolute amount as well as average depreciation costs... now its changing.

    Teambhp may have vested interest and quite closed up mindset... and its good that he shares his thoughts rather than just accept the "norm" and his highlighting of bikes with ridiculous asking price will actually help both potential buyers as well as the seller himself.

    Can you likewise give current examples of the "many many good deals". I'm trying to look out for one myself.. but dont seem to notice these good deals
    Liverpool revival has started....

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    Quote Originally Posted by kzone View Post
    not always but its starting to be like that, which is the trend for cars now where the depreciateion for new cars can be lower than used cars. In the recent past, used bikes has always been the more economical choice both in absolute amount as well as average depreciation costs... now its changing.

    Teambhp may have vested interest and quite closed up mindset... and its good that he shares his thoughts rather than just accept the "norm" and his highlighting of bikes with ridiculous asking price will actually help both potential buyers as well as the seller himself.

    Can you likewise give current examples of the "many many good deals". I'm trying to look out for one myself.. but dont seem to notice these good deals
    Haha.. I agree with you that good deals are rare.

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    Quote Originally Posted by di_andrei View Post
    Teambhp is providing a biased view based on vested interest. Yes, of course there are many bad deals available second hand. There are also many many good deals. The view that a new bike is always a better "deal" is complete nonsense.
    A new bike has less depreciation than an old bike. A new r6 is selling for around 25k at Hong leong. Its depreciation is 2.5k per year.why not you find a second hand r6 that depreciation less than that?

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    di_andrei
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    Quote Originally Posted by teambhp View Post
    A new bike has less depreciation than an old bike. A new r6 is selling for around 25k at Hong leong. Its depreciation is 2.5k per year.why not you find a second hand r6 that depreciation less than that?
    You can't always find perfect examples available on the market - however, on expensive bikes, buying a 1 or 2-year old bike will always be cheaper than buying new, a lot of the depreciation happens in the first 2 years.

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    Quote Originally Posted by di_andrei View Post
    You can't always find perfect examples available on the market - however, on expensive bikes, buying a 1 or 2-year old bike will always be cheaper than buying new, a lot of the depreciation happens in the first 2 years.
    examples please.
    Liverpool revival has started....

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    Quote Originally Posted by di_andrei View Post
    You can't always find perfect examples available on the market - however, on expensive bikes, buying a 1 or 2-year old bike will always be cheaper than buying new, a lot of the depreciation happens in the first 2 years.
    The problem is are you able to find a 2yr old r6 that depreciates less than a new r6?

     

     
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    Quote Originally Posted by kzone View Post
    examples please.
    Ducati 1098 Streetfighter S
    Bought new in 2011 - $42k
    Sold end 2014 - $27k
    Depre per year = (42k-27k)/3
    = $5k

    Bike Mart has the same bike bike
    Reg in 2009
    Now asking $25k
    So depre = (42k - 25k)/6
    = $2833 approx

  23. #73
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    bro filtered, wat u smoking ah?

    Ducati 1098 Streetfighter S
    Bought new in 2011
    Selling price end 2014 - $27k
    basis bought new in 2011, assume COE expiry 2021
    Assumin zero residual value, Depn = 27k/7 = $3.9k/year for a 3 year old bike

    Bike Mart has the same bike bike
    Reg in 2009
    2015 Now asking $25k
    Basis reg 2009, assume COE expiry 2019
    Assumin zero residual value, Depn = 25k/4 = $6.3k/year for a 6 year old bike
    Liverpool revival has started....

  24. #74
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    Quote Originally Posted by di_andrei View Post
    Teambhp is providing a biased view based on vested interest. Yes, of course there are many bad deals available second hand. There are also many many good deals. The view that a new bike is always a better "deal" is complete nonsense.
    While I may not be a complete fan of "freedom of speech", my seniors have always taught me that speech/thoughts are one's own prerogative. Like you are entitled to voice out that TeamBhp is providing a biased opinion, or TeamBhp saying things that he thinks is the way of the world.

    I was a newbie once. Having passed my 2b and still excited by the highs of finally having the license to ride, I rushed into a deal with a private seller. No one to advise me on how a bike should work, I even took the "furry tails" on the side of a tyre as an indicator that the tyres were still new. I didn't even know that there was a wear-indicator groove on a tyre! The result was disastrous. Before that I did no research and only heard from well-meaning friends that buy from direct sellers is cheaper than getting from bike shop. I can tell everyone loudly and clearly now - That's 24 karats bull poop. Does it mean that buying from shop guarantees a bike that is no where near a lemon? NO it doesn't. Some bikes are tougher in design and can withstand existing bad problems with minimal repair. For the untrained eye, a shiny coat of paint plus some tricks of the trade to prevent white smoke from exhaust could easily make a person part with his money. Like the old adage "A fool and his money is soon parted"

    Many many good deals of 2nd hand bikes is really a claim that needs to be substantiated. Especially NOW. Don't use examples of past deals where COE wasn't at this crazy price. This whole buying/ selling 2nd hand bikes is now spiralling downwards. Like what TeamBhp has quoted in some of the deals, it just makes no sense to say these 2nd hand bikes are even worth its machine price quoted.

    Anyway, PRICE is really a subjective issue. WORTH similarly. What may be expensive to some is affordable to others. WORTH is something buried even deeper inside the human psyche. Mods on a bike may worth a lot to the person who modded it but worth nothing to another person who is going to buy the bike. For all you know, he may even consider it a chore for having to take these mods out when he takes over the bike.

  25. #75
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    IMO there is no right or wrong in supply and demand. really principle of value is different from person to person. No point bring insults into this civilised forum. But I am genuinely interested in some of the bikes mention here. Problem is the seller's worth of his bike and my worth of his bike is totally different. So no willing buyer, no willing seller.

    I am more concern about the bread and butter bikes as these are the bikes that affect most of us here. I am lucky enough to know a friend's cub is selling. I am willing to pay his paper value and 1.5k for the cub's body. So in this case I know there are no major problem with the bike, just normal wear and tear. I see ppl selling cubs, 2b road bikes at crazily high price and I tried nego with them with intend to buy from them, but non agreed with my concept of pay for left over paper value and body price and they don't even let me test ride. Some even says I am a dealer... I feel so insulted but I kept to my own principles that have prevented me from getting into trouble.

    Hence its not easy to find a good deal even in this forum anymore, I don't trust the crooks in the shops selling 2nd hand bikes. I hate to deal with shops. Got cheated a few times and learnt from those lessons. There are prata flippers 24/7 viewing this forum and catching all the good deals to prata.

    I myself also hope the price of COE bikes will fall so that I can upgrade. So to each his own, we agree to disagree.

    and to add, IMO COE bikes have no residual value compared to COE cars. Simply because scrap yards can export the cars to other countries hence COE cars have values up to a few thousand. Its not that bikes cannot be exported, its no other countries want the import 10 year old bikes.

  26. #76
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    Quote Originally Posted by 200sx View Post
    IMO there is no right or wrong in supply and demand. really principle of value is different from person to person. No point bring insults into this civilised forum. But I am genuinely interested in some of the bikes mention here. Problem is the seller's worth of his bike and my worth of his bike is totally different. So no willing buyer, no willing seller.

    I am more concern about the bread and butter bikes as these are the bikes that affect most of us here. I am lucky enough to know a friend's cub is selling. I am willing to pay his paper value and 1.5k for the cub's body. So in this case I know there are no major problem with the bike, just normal wear and tear. I see ppl selling cubs, 2b road bikes at crazily high price and I tried nego with them with intend to buy from them, but non agreed with my concept of pay for left over paper value and body price and they don't even let me test ride. Some even says I am a dealer... I feel so insulted but I kept to my own principles that have prevented me from getting into trouble.

    Hence its not easy to find a good deal even in this forum anymore, I don't trust the crooks in the shops selling 2nd hand bikes. I hate to deal with shops. Got cheated a few times and learnt from those lessons. There are prata flippers 24/7 viewing this forum and catching all the good deals to prata.

    I myself also hope the price of COE bikes will fall so that I can upgrade. So to each his own, we agree to disagree.

    and to add, IMO COE bikes have no residual value compared to COE cars. Simply because scrap yards can export the cars to other countries hence COE cars have values up to a few thousand. Its not that bikes cannot be exported, its no other countries want the import 10 year old bikes.
    There are weird people here who think that their bike has a lot of value even when coe left 1 to 2 yrs.by the way, there are also crook direct sellers asking shops to cheaply do n cover up the defects. Unsuspecting buyers will fall for it.

    One guy say that buyers are smart. Not really true.. If not, we will not reading be tales of woe here.

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    Quote Originally Posted by kzone View Post
    bro filtered, wat u smoking ah?

    Ducati 1098 Streetfighter S
    Bought new in 2011
    Selling price end 2014 - $27k
    basis bought new in 2011, assume COE expiry 2021
    Assumin zero residual value, Depn = 27k/7 = $3.9k/year for a 3 year old bike

    Bike Mart has the same bike bike
    Reg in 2009
    2015 Now asking $25k
    Basis reg 2009, assume COE expiry 2019
    Assumin zero residual value, Depn = 25k/4 = $6.3k/year for a 6 year old bike
    alamak I calculating the amt lost if bike sold within first 3 yrs, vs if sold after 6 yrs lah....hahaha =P

  28. #78
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    Quote Originally Posted by teambhp View Post
    2015 is the year bike coe explode. Any meaningful conclusion needs to be reference to 2015. However the stats are not out
    utter bollocks

  29. #79
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    Quote Originally Posted by filtered View Post
    alamak I calculating the amt lost if bike sold within first 3 yrs, vs if sold after 6 yrs lah....hahaha =P
    Never mind lah.we learn from mistakes

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    http://www.singaporebikes.com/forums...sa-GSXR1300-05

    COe left around 7mths
    Selling for $7500
    Dep per month, not year =$1071.43

  31. #81
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    http://www.singaporebikes.com/forums...400-Revo-w-ABS

    Coe left slightly less than 3 yrs
    Selling $11000
    Dep per year =$3666

    New Super 4 selling for around 21k.
    Dep per year for new super 4 = around $2100 per year.

     

     
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    teambhp, what do u think of this?
    any idea how much a new one is selling now with coe?

    http://www.singaporebikes.com/forums...-Sportster-883
    Liverpool revival has started....

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    Quote Originally Posted by kzone View Post
    teambhp, what do u think of this?
    any idea how much a new one is selling now with coe?

    http://www.singaporebikes.com/forums...-Sportster-883
    Dep is around 3600 per yr for his bike .I have no idea how much a new one cost. If a new one cost 33000, then it's obvious the seller is overpricing his bike.

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    Quote Originally Posted by teambhp View Post
    Dep is around 3600 per yr for his bike .I have no idea how much a new one cost. If a new one cost 33000, then it's obvious the seller is overpricing his bike.
    for some bikes, there is some residual value after COE expiry... how much wud u pay for this bike after its COE expiry? just wanna get ur opnion... for me, around 5k I would grab but between 5 to 10k I wud still consider after doing more research
    Liverpool revival has started....

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    Quote Originally Posted by kzone View Post
    teambhp, what do u think of this?
    any idea how much a new one is selling now with coe?

    http://www.singaporebikes.com/forums...-Sportster-883
    New one is less than $30k with current COE, if I remember correctly. Ard high 20k's

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    If new price is 28K and value after COE expiry is 8K, and assume straight line depreciation, then this is the value table. in 2015 is 18K, excactly the asking price

    Year Years Of Ownership Value
    2010 0 28,000
    2011 1 26,000
    2012 2 24,000
    2013 3 22,000
    2014 4 20,000
    2015 5 18,000
    2016 6 16,000
    2017 7 14,000
    2018 8 12,000
    2019 9 10,000
    2020 10 8,000
    Liverpool revival has started....

  37. #87
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    Quote Originally Posted by kzone View Post
    If new price is 28K and value after COE expiry is 8K, and assume straight line depreciation, then this is the value table. in 2015 is 18K, excactly the asking price

    YearYears Of OwnershipValue
    20100 28,000
    20111 26,000
    20122 24,000
    20133 22,000
    20144 20,000
    20155 18,000
    20166 16,000
    20177 14,000
    20188 12,000
    20199 10,000
    202010 8,000
    Due to high coe prices, riders wanna ride without any depreciation, and in the process make some money out of the bike

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    Quote Originally Posted by kzone View Post
    If new price is 28K and value after COE expiry is 8K, and assume straight line depreciation, then this is the value table. in 2015 is 18K, excactly the asking price

    Year Years Of Ownership Value
    2010 0 28,000
    2011 1 26,000
    2012 2 24,000
    2013 3 22,000
    2014 4 20,000
    2015 5 18,000
    2016 6 16,000
    2017 7 14,000
    2018 8 12,000
    2019 9 10,000
    2020 10 8,000
    Selling price is $16k, not $18k....if u scroll further down the post, the guy posted wrongly hahaha

    Actually I think value after COE expiry maybe not even $8k. HD Sportster is considered entry-level, and I recall my friend who used to work there mentioned that machine price is less than $20k only

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    Quote Originally Posted by filtered View Post
    New one is less than $30k with current COE, if I remember correctly. Ard high 20k's
    Quote Originally Posted by kzone
    If new price is 28K and value after COE expiry is 8K, and assume straight line depreciation, then this is the value table. in 2015 is 18K, excactly the asking price

    Year Years Of Ownership Value
    2010 0 28,000
    .
    .
    .
    2020 10 8,000
    the only issue i feel is debatable is that you are basing everything on current COE and price. but in 2010, bike COE was still sub-1k, and a basic model sportster machine price is 18k, going up to 24k depending on the exact sportster model.

    when you calculate based on the bike's actual price in 2010, you should get lower.

    the fact remains though, people do compare secondhand prices with today's current prices, and therefore prices of secondhand do go up.

    but riders are being unrealistic with the selling price. still, this is NOT NEW, even when COE was sub-1k. way back when, i already see sellers trying to offload one year old class 2 bikes at only 1k-2k off brand new. nobody will think it is worth saving 1k-2k over brand new.

    nonetheless, i still disagree with the idea that a bike's value drop to $0 upon COE expiry. i think $4k is a fair price for the haya with expiring COE. plus 7k for COE, that works out to one-third the price of a brand new haya, for a ten-year old that can go another ten years. that guy's asking price is way too high, but neither is the bike worthless.

    at the end of day, no matter wat bike and no matter wat price, anyone who pays more than you yourself are willing to pay will appear stupid to you.

    It's true: it's more fun to ride a slow bike fast than to ride a fast bike slow. Admittedly, though... It is MOST fun to ride a fast bike fast!

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    Quote Originally Posted by mechwira View Post
    but riders are being unrealistic with the selling price. still, this is NOT NEW, even when COE was sub-1k. way back when, i already see sellers trying to offload one year old class 2 bikes at only 1k-2k off brand new. nobody will think it is worth saving 1k-2k over brand new.
    200% agree!! Maybe they looking for Robert Cai to chop.....

    Problem is some of them took a loan on the bike, and calcuate their selling price based on how much they need to pay back the loan with interest, hence the cost of the bike goes up

    I always tell them I will calculate based on bike's new selling price, based on full cash payment. Why should I be paying for someone else's loan interest? Doesnt make sense

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    Quote Originally Posted by mechwira View Post
    the only issue i feel is debatable is that you are basing everything on current COE and price. but in 2010, bike COE was still sub-1k, and a basic model sportster machine price is 18k, going up to 24k depending on the exact sportster model.

    when you calculate based on the bike's actual price in 2010, you should get lower.

    the fact remains though, people do compare secondhand prices with today's current prices, and therefore prices of secondhand do go up.

    but riders are being unrealistic with the selling price. still, this is NOT NEW, even when COE was sub-1k. way back when, i already see sellers trying to offload one year old class 2 bikes at only 1k-2k off brand new. nobody will think it is worth saving 1k-2k over brand new.

    nonetheless, i still disagree with the idea that a bike's value drop to $0 upon COE expiry. i think $4k is a fair price for the haya with expiring COE. plus 7k for COE, that works out to one-third the price of a brand new haya, for a ten-year old that can go another ten years. that guy's asking price is way too high, but neither is the bike worthless.

    at the end of day, no matter wat bike and no matter wat price, anyone who pays more than you yourself are willing to pay will appear stupid to you.
    That's why I single out that Busa in earlier posts. Crazy price. As for whether body is worth 4k,we won't be able to give a fair value until the bike is brought to shop for inspection.

     

     
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    Quote Originally Posted by kzone View Post
    for some bikes, there is some residual value after COE expiry... how much wud u pay for this bike after its COE expiry? just wanna get ur opnion... for me, around 5k I would grab but between 5 to 10k I wud still consider after doing more research
    Not worth 5k. Remember have to factor in repair costs as well.unless the bike in swee swee condition,then 5k is reasonable. But which 10 yr old bike still in swee swee condition nearby coe expire.

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    Let say I buy that busa at $7.5k and renew coe immediately at 6k. So total I would have forked out $13.5k to ride the busa for another 10yrs. So depreciation will be $1350 per year. Does this calculation make sense?
    Last edited by teamsk; 16-05-2015 at 03:24 PM.

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    Quote Originally Posted by teamsk View Post
    Let say I buy that busa at $7.5k and renew coe immediately at 6k. So total I would have forked out $13.5k to ride the busa for another 10yrs. So depreciation will be $1350 per year. Does this calculation make sense?
    Yep.but as with any 10 yr old bike, you won't know the engine n gearbox condition till you send it to a ws for inspection.

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    cannot take it anymore.

    for those who bother listening to reason...... 'Depreciation' is not some simplistic calculation of how much money you put in divided by how many years of COE left.

    In the first place, 'depreciation' is calculated by yearly percentage. Secondly, this yearly percentage is an approximation based on market demand, not an exact figure plucked from its price or anywhere else. that is why in general people say continental cars/bikes have lower depreciation than japanese cars/bikes; because demand for secondhand conti is higher than demand for secondhand japanese.

    if you take price of a Ducati 1199 Panigale + COE and divide by ten years, and compare with the answer you get when you take Suzuki GSX-1000R + COE divide by ten years, straightaway you get a number for the ducati higher than the number for suzuki. where is the sense in this? isnt the depreciation for the ducati supposed to be lower?

    there is higher demand for a 3 year old ducati than for a 3 year old suzuki. because of that higher demand, the 3 year old ducati fetches a higher percentage of its original price as compared to the suzuki. thus the percentage drop in value for a ducati is lower than the percentage drop for a suzuki. i.e, a ducati has lower depreciation.

    depreciation is an approximate percentage based on market demand. not price divide by years of COE left. that is if you choose to see reason. if not, you're welcome to say whatever you think.

    It's true: it's more fun to ride a slow bike fast than to ride a fast bike slow. Admittedly, though... It is MOST fun to ride a fast bike fast!

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    i looked at sgcarmart.

    bought my hyundai avante in june 2009 for 48k. in sgcarmart, 2009 avante same model range in price from 45k to 50k.

    whats my depreciation? zero. its not 48k divide by ten.

    but if LTA had not reduced COE, and COE still maybe 10k thereabout, my car probably worth 25k now. wats my depreciation? (48k-25k) divide by 7 years.

    it is an aproximation based on market demand.

    It's true: it's more fun to ride a slow bike fast than to ride a fast bike slow. Admittedly, though... It is MOST fun to ride a fast bike fast!

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    Thank you teambhp

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    Quote Originally Posted by teambhp View Post
    Yep.but as with any 10 yr old bike, you won't know the engine n gearbox condition till you send it to a ws for inspection.
    hi teambhp. please take time to read my post. i have a heart burning question for you. do you own a bike?

    It seems to me you're trying your best to destroy the second hand bike trade market, posting negative comments on so many sales threads. i'm neither a seller nor a buyer but your posts are really irritating. Do you seriously think everyone can afford a brand new bike? look at a class2 brand new bike. they easily reach 30k and up. Do you live in a world where any tom **** or harry can buy a bike with full cash without worry for interests, simply because the second hand bikes do not meet "your depreciation concept"?

    why not you go to every single bike shop, identify overpriced bikes, and report to CASE? rather than identifying overpriced sales thread, why not you go ask the moderator to close down the entire garage sale forum?

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    Quote Originally Posted by blackness View Post
    hi teambhp. please take time to read my post. i have a heart burning question for you. do you own a bike?

    It seems to me you're trying your best to destroy the second hand bike trade market, posting negative comments on so many sales threads. i'm neither a seller nor a buyer but your posts are really irritating. Do you seriously think everyone can afford a brand new bike? look at a class2 brand new bike. they easily reach 30k and up. Do you live in a world where any tom **** or harry can buy a bike with full cash without worry for interests, simply because the second hand bikes do not meet "your depreciation concept"?

    why not you go to every single bike shop, identify overpriced bikes, and report to CASE? rather than identifying overpriced sales thread, why not you go ask the moderator to close down the entire garage sale forum?
    I have the buyer interest at heart. If you dun like what I post, I also cannot do much

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    Interesting thread. Btw TS started this thread by cautioning against buying from private sellers. I disagree. I would rather buy from private sellers than shops. Shops are more likely to do some works to cover up defects as compared to private sellers. Sellers most likely would have checked with shops' take in price before pricing their sales. Why let shops earn if you can sell it yourself? Shops also normally take in at ridiculously low price to make money.

    With regards to sellers' pricing, it is demand and supply, and up to both parties to negotiate. I personally think it is wrong to go around disturbing ppl's thread, in the name of doing justice. Everyone has their own perception of fair value. Some value Honda's reliability, some value certain Italian brands, some prefer German, some just like the bike. So they decide for themselves how much they willing to pay. You definitely can't say all bikes got ZERO value end of 10 years. Basically no matter what you or I say, the market forces will determine the sales.

    Btw I found this previous thread started by the TS, highlighting the important part in bold.

    Quote Originally Posted by teambhp View Post
    Hi all

    I was browsing some of the sellers ad in this forum for the past few weeks. I do agree that some of the asking prices are on the ridiculous side.of course,this is a free mkt n they are free to sell whatever prices they want.

    I also saw a few posts where the buyer dislike the prices n post in an unconstructive manner in the sellers thread. Personally I think we are mature adults, n such destructive words are uncalled for. If u feel that the prices are unfair, please leave them alone. If they cannot sell,they can jolly well push in to the bike shop.many sellers are taking advantage of the current high coe prices n sharp buyers do know that.

    I am not moderator.please do not misunderstand my intentions by starting this thread. All I hope to see is a more constructive forum. Let us not degrade to a forum like edmw in hardware zone.com. Thank you
    http://www.singaporebikes.com/forums...ces?highlight=
    Last edited by Rac; 17-05-2015 at 04:45 AM.

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