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Did S40 prices drop? (Read 258 times)
ihasabike
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Did S40 prices drop?
05/29/17 at 11:21:47
 
a few years ago, I purchased a used S40 for over $7000, and I recall that price accorded with the NADA value.  Now I'm looking to sell mine, but I see new S40s are going for just over $5000, and used prices are way down.  What's going on here?
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Rodger
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Re: Did S40 prices drop?
Reply #1 - 05/29/17 at 12:12:59
 
FWIW, bought a new 2015 S40 in Dec 2015 (got a reduced price since it was late in the year), with sales tax, was a smidge over $5k.

(P.S . Checked Craigslist for Colo Springs, 3 Savage/S40's listed, $1600-2000, average mileage  <15,000.)
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« Last Edit: 05/29/17 at 18:29:58 by Rodger »  
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Gary_in_NJ
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Re: Did S40 prices drop?
Reply #2 - 05/29/17 at 12:21:45
 
They've been a little over $5k new for many years now. Out the door they can be had for well under $6k, probably closer to $5k. No nice way to say this, but if you paid $7k for a used Savage, you got hosed. Unless it was a buy-on, get-one thing.
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norm92de
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Re: Did S40 prices drop?
Reply #3 - 05/29/17 at 16:04:20
 
Here in El Paso we had a 2015 sell for $3000 with only 14 miles on it.
He only rode it home from the dealer. I guess he didn't like it. He also owns a Harley or two.

I bought my new 2014 in 2015 for $4000 plus TTL. Less than $4500 out of the door. Smiley
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justin_o_guy2
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Re: Did S40 prices drop?
Reply #4 - 05/29/17 at 16:20:20
 
05, New, OTD, right at $5,000.00..
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Eegore
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Re: Did S40 prices drop?
Reply #5 - 05/29/17 at 17:56:03
 
 I've never seen a Suzuki 650 sell for 7k, not even from a dealer.  I dumped 3k on a used 95 just to help a guy out that lost his job, other prices in my area don't go over 4k even for 2015's with extremely low mileage.

 
 
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Ruttly
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Re: Did S40 prices drop?
Reply #6 - 05/29/17 at 18:36:59
 
I don't know the exchange rate , but S40 is hella pricey in Australia. Upwards of 9000 of their dollars for a Black 2017 S40 and the Orange one was a 1000 less than that. It may have been a motorcycle broker I can't find the site I was on , but wow !
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gizzo
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Re: Did S40 prices drop?
Reply #7 - 05/29/17 at 20:03:44
 
A new one can be had here (in Australia) for 7500 including on road costs. That's about 5.5k in US money. Everything's more expensive here. Something about economies of scale. Factor in the Australian average income is about $80,000 compared with 50,000 in the US and it works out not too bad.

Nonethelss, 7k for a SH Cabbage is too much. Unless Max Hazan was the PO.
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cygnet
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Re: Did S40 prices drop?
Reply #8 - 05/29/17 at 21:53:23
 
Just picked up a 2017 (Black) 6000 out the door Canadian dollars. Lots of low mile used ones around here all seem to want 4500 year does not seem to matter.
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Re: Did S40 prices drop?
Reply #9 - 05/29/17 at 21:59:10
 
Gary_in_NJ wrote on 05/29/17 at 12:21:45:
They've been a little over $5k new for many years now. Out the door they can be had for well under $6k, probably closer to $5k. No nice way to say this, but if you paid $7k for a used Savage, you got hosed. Unless it was a buy-on, get-one thing.


Agreed.
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Ruttly
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Re: Did S40 prices drop?
Reply #10 - 05/30/17 at 19:55:55
 
Found it , bikesales.com.au
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Re: Did S40 prices drop?
Reply #11 - 05/31/17 at 14:00:05
 
Bought mine new in 2006 for $4900 plus tax.  They even threw in a helmet.
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Kenny G
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Re: Did S40 prices drop?
Reply #12 - 05/31/17 at 17:40:38
 
I spent the day test riding new Hondas and I think I am going to have to hire an Advocate For The Elderly to negotiate for me. They offered me $2000.00 trade in for my 2013 S40 with 8000 odd miles on it and several hundred dollars in aftermarket accessories. For my like new 2009 Buell Blast with 8000 miles they offered me $600.00. The Blast looks like it just came off of the showroom floor.

I am thinking the young salesman has heard how to rip off old people with driveway sealer and roofing repairs and has found a new avenue.  to a quick buck.

Kenny G Undecided
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justin_o_guy2
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Re: Did S40 prices drop?
Reply #13 - 05/31/17 at 18:29:56
 
You're ahead selling yourself. You don't get Retail in trade.
But$600.00 is reason to keep something.
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IslandRoad
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Re: Did S40 prices drop?
Reply #14 - 05/31/17 at 20:13:53
 
Ruttly wrote on 05/30/17 at 19:55:55:
Found it , bikesales.com.au



Yep, bikesales.com.au is just about the only game in town for ... well ... bike sales, here in Aus. The nearest contender is a site called 'Gumtree'.

The dealers have been clearing new 2016 floor stock for $7500 for a couple of months.

The S40 had been available in Aus for a couple of years. I don't think they sell all that well.
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