Rocket Rocket 3 Depreciation?

Discussion in 'America, Speedmaster & Rocket' started by chris hill, Jan 30, 2020.

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  1. chris hill

    chris hill Member
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    Has anybody got any 'educated' guesses as to what depreciation is likely to be like on the new Rocket 3?
    Say, for example, what will an R3R be worth in 3 years time?

    If the drop is less than what my current 2017 Triumph has lost in 3 years, then it gives me more ammo to convince the missus that an R3 is a 'sound investment' :p

    I can live with the fact that it's more money 'tied-up' ...it's all about depreciation (and, therefore, main cost of ownership) to me.
     
  2. Callumity

    Callumity Elite Member

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    The general idea with ‘investments’ is that they appreciate not depreciate! Residual value is a function of demand in the second hand market partially driven by demand for the brand new. Time was when you could sell your nearly new Morgan for more than list to cut out the wait!

    The danger when talking about ‘investment’ is that you sound like Gordon Brown who described all and any expenditure as ‘investment’. Yeah, thanks for the debt Gordon......

    Now, you know the manager. Psychology is your friend so don’t destroy your credibility with the opening sentence. Have you even ridden the thing? You might not get on - literally and metaphorically. Maybe drip feed the idea with all its uniqueness, safety features and ‘solid residuals’ while seeing how Spring sales go? A test ride (& tediously repeating the joyous experience) can only enhance the credibility of your desires. Just don’t scare her that you are entering your second childhood ahead of schedule - especially if you are!

    https://www.bennetts.co.uk/bikesoci...ing-a-bike/used-bike-depreciation-when-to-buy
     
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  3. chris hill

    chris hill Member
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    I didn't mean 'investment' in it's literal term.
    I know it's going to loose several £1000's in three years ...just wanted an idea as to how many £1000's :rolleyes:
     
  4. dilligaf

    dilligaf ThaiGrrrrr
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    :heart_eyes:Look at it :cool:
    It can only go up in value :p 9F66D51B-6933-4CBC-AE84-222C05AE1D45.jpeg
     
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  5. Callumity

    Callumity Elite Member

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    #5 Callumity, Jan 30, 2020
    Last edited: Jan 30, 2020
    And I was being humorous knowing how hard those conversations can be! Chances are you would lose 40% in the first 3 yrs and then it slows down.

    Bluntly, I don’t buy new but favour the low mileage 1 yr old. The ONLY thing that tipped it on a car was the ludicrous scrappage scheme that valued by £800 shed at £2,600......if only for bikes.
     
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  6. chris hill

    chris hill Member
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    I'll give you £22K for yours at the end of March :p
     
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  7. dilligaf

    dilligaf ThaiGrrrrr
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    No thanks it’s an investment :p
     
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  8. SleepyOwl

    SleepyOwl Crème de la Crème
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    Bikes arent about money my man!! We all know that :laughing::laughing:

    However, like most Rocket owners, buyers will hang on to these for years (what the hell bike are they going to trade it in for??) which will keep resale values up IMHO

    Just tell here you have a fantastic trade in offer that is too good to refuse. Get Triumph guy to give you a receipt for £15k for the new bike and voila! Rocket in the pocket!!
     
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  9. littleade

    littleade The only sane one here
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    Have a look at the PCP numbers for one-The GFV figure will give you an idea of what one will be worth in 3 years time, likely a bit more if you kept it on good nick with less miles than the PCP agreement allowed. I think @dilligaf was going to get his on a PCP but changed his mind so he might have the figures. BUT.. . It's a bit crystal ball really as it's supply and demand that will determine what it's actually worth in 3 years. If Triumph flood the market it'll be worth far less than if there's still a waiting list. Add in man maths and it's anyone's guess :laughing:
     
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  10. littleade

    littleade The only sane one here
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    I think that many who buy them outright will keep them long term, but not all will (I've bought 3 new GS' in the last 4 years :cold_sweat:). Conversely of those who get them on a PCP most will swap at 3 years rather than pay the GFV as that's the type of rider PCPs are designed for-those that like a new bike on a regular basis for x amount a month. So might be worth asking the dealer what the ratio is of buy outright etc vs PCP.
    This is getting a bit sensible....feck it just buy one and ask for forgiveness after. What's the worst thing that could happen
     
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  11. Adie P

    Adie P Elite Member
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    I'll give my ex- a ring and ask her to call you and let you know the answer to that .......................... :D
     
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  12. dilligaf

    dilligaf ThaiGrrrrr
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    Never got round to getting any figures about PCP:confused:
    But you’re right in that it would give you a pretty good idea of what Triumph will think it’s worth in three years time :)
    What Triumph think it’s worth and what it could actually be worth might be quite different though :confused:
    Triumph is a business :confused:
     
  13. Sprinter

    Sprinter Kinigit

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    Another review. Im watching this as I load it so dont know what his verdict is.

     
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  14. Sprinter

    Sprinter Kinigit

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    4.55 and you get the laugh.
     
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  15. Old phart phred

    Old phart phred Noble Member

    Jun 23, 2019
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    At my dealership

    INVOICE.jpg
     
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