Here’s the latest reader question, along with my reply!
Frank asks: My local Harley dealer is buying used Harleys, btw first time for them. My question is how much is my 2009 Harley Fat Fob with 47,000 miles worth if I decide to sell her? Traffic in Florida is busting at the seams; very dangerous here. Thanks and happy holidays!
My reply: According to my NADA value guide (see screenshot accompanying this) your bike has a current retail value somewhere in between about $5,800 and $7,500. However, its actual value is whatever people are willing to pay for it. This includes your local Harley store – which I expect is desperate for inventory, even used inventory, due to the dearth of new bikes caused by the “chip” shortage.
My local store – a multi-make store – has almost no inventory. The showroom used to be full of bikes, as in at least 30 of them. The last time I was there – about two weeks ago, to grab some oil – there was exactly one new bike on the floor.
I expect they’d make me a great offer on my ’03 ZRX!
I expect your store will also make you a great offer on your Fat Bob.
You are in the catbird seat. You may want to sell your bike – but you don’t have to sell it. The dealer, on the other hand, is really wanting to buy your bike. I’d name your price – and see what they say.
I’d also consider keeping it – as having a bike might be just the ticket when you can’t buy a new one anymore – and the prices wanted for used ones become as high as the price of the new ones.
And maybe even higher.
. . .
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