Kf6vci Posted May 14, 2016 Share Posted May 14, 2016 There is something decidedly odd. Yamaha Spark, new @ 38,800 (drum brake). @ 42,xxx with disk brake and perhaps some other upgrade a 2015 model? @ 23,000 an 11 years old model with 54,000 km? @ 13,500 a very old Honda Dream? @9,800 Some people think buyers will be queuing for their used Honda Wave 110s @ 40,000. A neighbor failed to rent his condo @ 18,000. Instead of adjusting the rent, he left it vacant for like 5 long years! Surely, the dealers only buy at attractive prices. But today's visit at Chiang Mai's used bike market was not much different than looking at a car dealer's lot. Link to comment Share on other sites More sharing options...
Don Mega Posted May 14, 2016 Share Posted May 14, 2016 And ? Link to comment Share on other sites More sharing options...
Kf6vci Posted May 14, 2016 Author Share Posted May 14, 2016 Well, the Spark losing about 16,000 Baht in its first year. While it's just 9,500 Baht more depreciation for an additional 10 years. 1,000 Baht a year is unreal. Wouldn't you agree? Link to comment Share on other sites More sharing options...
Don Mega Posted May 14, 2016 Share Posted May 14, 2016 Well, the Spark losing about 16,000 Baht in its first year. While it's just 9,500 Baht more depreciation for an additional 10 years. 1,000 Baht a year is unreal. Wouldn't you agree? Why is it unreal ? Link to comment Share on other sites More sharing options...
Kf6vci Posted May 15, 2016 Author Share Posted May 15, 2016 Well, the Spark losing about 16,000 Baht in its first year. While it's just 9,500 Baht more depreciation for an additional 10 years. 1,000 Baht a year is unreal. Wouldn't you agree? Why is it unreal ? Well, today I bought a 10 months old SPark (tax & insurance paid till 7/2017) with less than 4,800 km for 22 k. Compare that to 13.5 k for a Spark which is 10 years older. Seems a lot of people get their financed bikes reposessed... Link to comment Share on other sites More sharing options...
ktm jeff Posted May 16, 2016 Share Posted May 16, 2016 The answer to this strange pricing system may be that 10 years ago there was very little choice in the bike ( and car ) market. Prices were high and choices were very limited , so you bought a Honda and keep it untill it died. The few people selling a second-hand bike asked a high price for it in order to recoup some of the money. Today thats not the case. Bikes are cheaper , in real terms , and choices are far better , with many bikes overtaking Honda on both quality and value , and many "new" makes such as Benelli , Stallion and Keeway coming to the market , offering great value alternative choices. With more dissposable income , people now decide they "want" another bike , rather than "need" another. So they sell their 1 or 2 year old model and purchase an upgrade. The resale price is no longer such an issue to many. Others , as you say , fall victim to reposession. Kf6vci , the Spark sounds great value. Did you buy it from Chiang Mai. If so , i saw the advert. Link to comment Share on other sites More sharing options...
papa al Posted May 16, 2016 Share Posted May 16, 2016 Fail to see anything decidedly odd here. Prices on 1, 3, & 4 seem about right. #2 seems a hunnert $ or two below typical 2º repo pressures partly maybe Link to comment Share on other sites More sharing options...
papa al Posted May 16, 2016 Share Posted May 16, 2016 Well, the Spark losing about 16,000 Baht in its first year. While it's just 9,500 Baht more depreciation for an additional 10 years. 1,000 Baht a year is unreal. Wouldn't you agree? Can't really agree or disagree. Its your story. Maybe real. Maybe fantasy. Dunno. Heck, papa knows of bikes that appreciate after 10-years ownership. Using the old rule-of-thumb: (value = new price minus 20%; minus 1-bht per mile) a B40K bike is down to 32K when ridden off lot. Ridden another 7Kkm; then B25K. seems very similar to the scenario you describe. [you failed to mention milage, so can't fairly compare to your finding] Other factors may enter also, like mods, cosmesis, provenance, & buyer/seller motivation. Buy a nice late-model scoot cheap, and laugh @ depreciation. Really, a really real reality. 5 5 Link to comment Share on other sites More sharing options...
01322521959 Posted June 14, 2016 Share Posted June 14, 2016 I have a 2012 Yamaha Spark as new 3000 kms. What is it worth? Link to comment Share on other sites More sharing options...
In the jungle Posted June 14, 2016 Share Posted June 14, 2016 (edited) 15K maybe. Price would vary a little depending on disc or drum front brake. Edited June 14, 2016 by In the jungle Link to comment Share on other sites More sharing options...
Don Mega Posted June 14, 2016 Share Posted June 14, 2016 15k is about my estimation, if it is the top spec model. Link to comment Share on other sites More sharing options...
fullcave Posted June 14, 2016 Share Posted June 14, 2016 Personally, I find double hand brakes and no gears to be boring like hell. But hey, to each his own.. Link to comment Share on other sites More sharing options...
papa al Posted June 14, 2016 Share Posted June 14, 2016 on scooter can keep my knees together so others can't see my panties, but to each her own. Link to comment Share on other sites More sharing options...
fullcave Posted June 15, 2016 Share Posted June 15, 2016 on scooter can keep my knees together so others can't see my panties, but to each her own. Good point. Link to comment Share on other sites More sharing options...
Swamp Thing Posted June 15, 2016 Share Posted June 15, 2016 (edited) On my scooter I can feel the breeze on my balls. But to each their own. Edited June 15, 2016 by Swamp Thing Link to comment Share on other sites More sharing options...
Big Guns Posted June 15, 2016 Share Posted June 15, 2016 So to get the sartorial etiquette straightened out its a kilt & no pants on a scooter & arse-less chaps on a Harley? Link to comment Share on other sites More sharing options...
Swamp Thing Posted June 15, 2016 Share Posted June 15, 2016 Is it necessary to lower the tone of the thread? Link to comment Share on other sites More sharing options...
manarak Posted June 15, 2016 Share Posted June 15, 2016 do semi-automatic bikes qualify as "assault scooters" ? Link to comment Share on other sites More sharing options...
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