Trade-In or Sell ????

I

imjus2blac

New member
there is a tax advantage in most states when trding in u only pay tax on the amount u pay for the new bike after the trade. for me it was about 900 tax savings.
 
There Ya go - and I support your attitude - its your money and if thats what you want... go do it...


or put all that money in a savings account so your kids can spend it when your dead and gone.... NOTTTTTTTTTTTTTTTT
 
As posted earlier, there is a big tax savings on trading in since you only pay sales tax on the difference.

When you factor in what your time is worth trying to sell it outright you may not be saving any money afterall.

Seems to me, always more fun and less painful to trade it in. No way I could put up with all the idiots on craigslist!
 
What you are saying is very true - However - In todays market - its hard to find a buyer that is NOT looking for a steal...

then you have to post for sale - Where and how you do this is a big question

Then you have to answer the calls.. and a lot are looky loos or BS callers that want to get a big bargin.

Then there are those that say, I will be over tomorrow at 2pm - you adj your day and wait, never to see the buyer.

In posting for sale - now you open your self up to all kinds of 'people' coming to YOUR house to look at the bike and want to take it for a 'test' ride - then to offer you 'lowball' offers, again BS to deal with...

Yes, your statement is right - you will/may always get more if you sale it - but there is a "Cost" to You selling it.

Its your choice.
 
Always trade mine in. I've had very good luck with my local dealer. I too take all my goodies off when I trade it in. As others have said the dealerships dont change the trade in value from a stock bike to one with some goodies on them.

Good luck..

T
 
I'm prolly the king of trading here on the forums. That is just the way I like to do it. Don't want to be bothered with people coming over or saying they well and not show up. Lowballing, trying to get the money together and all the other crap that goes with a private sale. For the most part you will take a loss when trading over selling. But you could be sitting on your bike for a year or more trying to find a buyer. I know what I am willing to lose when trading (you never actually win) and if it looks good and I am happy I do the deal. If not I walk.
 
Curious, I believe there are shops here that will sell your bike
on consignment. They take a percentage when its sold.
Anyone gone that way? I stopped at the dealer a couple weeks
ago and asked value, yea they lowball...
 
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