Brand new or used 400X? Upgrading in 2 years

[ahmad0410]

Need help deciding as first time buying bike. CB400X. Thinking of using for 2 years before upgrading.

 

1. 2015 Brand new (with box & ABS) $19300 4% interest.

2. 2013 Used (without box nor ABS) $14900 6% interest. 8 years COE.

 

Both with comprehensive insurance $850. Admin fee and transfer fee.

 

Which one should I get? Motorbike friends please help.

[mechwira]

rule of thumb bro: if you have definite plans of upgrading and planning only short term ownership, second hand is the better way to go. you lose less money over two years and you found a two year old which is rather new for 75% of the price (shd try shop for cheaper actually).

 

my personal opinion is buy brand new only if you plan to own for minimum of 5 years, but thats just my own personal rule of thumb.

[Lokess]

pick the 2nd hand. 6 year old bike still quite easy to sell. interest might be 100 plus dollar seller on new bike but depreciation when you sell will be far more.