- Joined
- Sep 30, 2018
- Messages
- 152
Back in October of 2018 I was up at National Powersports in NH USA.
My buddy was picking up his new Triumph Street Triple 675.
Big dealer. Triumph Flagship dealer & a huge used bike dealer. 400 used bikes on the floor! 250 Late model HDs.
In the front lobby alone was my SE. Black with gold stripes. Beautiful! 550 miles!
After going home to think I called & we talked a deal. $12,300! Then I mentioned a trade-in. 2017 Victory Octane which I bought for $7500 new!! Retail was $11,000. Victory was shutting down.
Well after about 1/2 hour they called me back & said they would take it & give me $6000 for it! So I got the Norton for $6300!!! Amazing!
Problem was they had it since May of that year & couldn't sell it!!
I found out that 3 peoples bank loans fell through! Why?
It seems that because of it"s rarity they couldn't get full coverage ins on it which was necessary!!
I paid cash because i could cover the smaller amount.
Found out later that if they had gone to a specialty ins company they could have gotten ins but at an elevated price.
Seems to be why not many are bought around here in the USA.
My buddy was picking up his new Triumph Street Triple 675.
Big dealer. Triumph Flagship dealer & a huge used bike dealer. 400 used bikes on the floor! 250 Late model HDs.
In the front lobby alone was my SE. Black with gold stripes. Beautiful! 550 miles!
After going home to think I called & we talked a deal. $12,300! Then I mentioned a trade-in. 2017 Victory Octane which I bought for $7500 new!! Retail was $11,000. Victory was shutting down.
Well after about 1/2 hour they called me back & said they would take it & give me $6000 for it! So I got the Norton for $6300!!! Amazing!
Problem was they had it since May of that year & couldn't sell it!!
I found out that 3 peoples bank loans fell through! Why?
It seems that because of it"s rarity they couldn't get full coverage ins on it which was necessary!!
I paid cash because i could cover the smaller amount.
Found out later that if they had gone to a specialty ins company they could have gotten ins but at an elevated price.
Seems to be why not many are bought around here in the USA.