DETERMINING VALUE: PURCHASING A NEW MOTORCYCLE VS A PRE-OWNED MOTORCYCLE
WHICH IS RIGHT FOR YOU? A HARLEY® PERSPECTIVE.
When considering a motorcycle purchase—or any significant purchase adding insurmountable value to your life, there includes a number of factors to consider in order to determine the best option for you.
We’ve described six items for consideration when weighing between purchasing a new vs. pre-owned Harley-Davidson® motorcycle. These steps will help you with your decision.
As with all financial matters, a budget is the first thing to determine before weighing the options between purchasing a new or used motorcycle. With a budget, assessing value and determining the best fit will be a lot easier.
Harley-Davidson® is noted as the most customizable motorcycle. There’s no need to worry about blending in with the crowd, as customization opportunities are limitless. To customize a Harley, new or used, in any way you like. With budgetary matters in play, it’s really up to the individual to decide how much they are willing to spend on customization.
Most technicians however, will argue that it is more practical to customize a used Harley® (1) than a new one. A few reasons for this would include the greater market for parts and the readiness of information about the bikes and their mechanical behavior. A new motorcycle may have less information available for technicians to understand and study the behavior of these newer models.
Most buyers who lean toward purchasing a new motorcycle desire the new because of the ready-to-go features and aren’t interested in customizing with alternative parts or accessories.
Many buyers prefer purchasing a new motorcycle because of the clean slate they offer in functionality and reliability. Both new and experienced riders may prefer not to have a lot of complications right at the bat. A new motorcycle offers ease of mind in this area.
A pre-owned motorcycle may have been well groomed and cared for, even after thousands of miles from dedicated riders. However, there is always some risk. Scrapes and scuffs can be indicators of damaging crashes that may affect the performance and overall condition of the bike. However, a little more conversation with a trusted dealer can really help clarify any questionable concerns, especially since so much of motorcycle dealing is built on connections and relationship.
With a little conversation, you can find a pre-owned motorcycle that’s had a great history with unique customized features from previous owners.
One the most assuring benefits of purchasing a new motorcycle includes the warranty. “Harley-Davidson® warrants for any new Harley-Davidson® motorcycle sold that an authorized Harley-Davidson® dealer will repair or replace without charge any parts found under normal use to be defective in factory materials or workmanship. Such repair and replacement will be the sole obligation of Harley-Davidson® and the sole remedy for the owner under this limited warranty (2).”
In contrast, extended warranty service plans are available on pre-owned purchases, but often they can quickly add up in price.The best solution to determining warranties on any vehicle is to talk to a Sales consultant.
Financing a new motorcycle may in some instances, could turn out to be more favorable than financing a pre-owned motorcycle, especially since there are more benefits for the Motor Company on new purchases. That is, pre-owned motorcycles don’t necessarily profit the Motor Company, and new motorcycles do, which would increase the incentive for better financing on the new.
In any case, financing is based on a scale of attainability and is an area you’ll want to consult a Sales professional to learn what financing options are available to you.
6.Technology and Safety
It’s not unknown that new motorcycles offer the latest safety technology on the market. Reflex™ Defensive Rider System is an all new package for 2020 Harley-Davidson® LiveWire™, CVO™, Police, Trike models (trike-specific RDRS), and optional for all Touring models (with the exception of the Electra Glide® Standard). This package includes both familiar systems and new ones. The new features of the 2020 RDRS package includes features like Cornering Enhanced Electronic Linked Breaking (C-ELB), Cornering Enhanced Traction Control System (C-TCS), Drag-Torque Slip Control (DSCS), among others (3). A new unit called the Intertia Measurement Unit (IMU) measures the lateral movement of the motorcycle, influencing all angles of motion to enhance the breaking systems, forging the 2020 models as truly the best in line (4).
There are plenty of reasons to stay up to date on tech, of course. New infotainment systems are speedier, allow device connectivity, offer full touch screen capability and voice command, and have interactive mapping systems for convenient route planning. Older models may prove to be more of an inconvenience even with a nicer price tag in this area.
If geeking out on the latest tech is important to you, you may want to consider purchasing a new motorcycle.
To conclude, the truly best way to decide between purchasing a new motorcyle versus pre-owned motorcycle if you're on the fence, is to ask lots of questions. The purchasing options are limitless, and, there’s truly something for everyone. As always, there’s no better time to ride than today.
- Green Mountain Harley-Davidson. “Buy a Harley Used Vs. New? Which is Better?” 3 September 2019. https://www.greenmountroadhd.com/blog/buy-a-harley-used-vs-new-which-is-better--16377 Accessed on 5/14/2020.
- Red Wood Harley-Davidson. https://www.redwoodharley.com/learn-more-about-the-warranty/ accessed on 5/14/2020.
- Harley-Davidson. “Reflex™ Defensive Rider Systems.” https://www.harley-davidson.com/ap/en/content/reflex-defensive-rider-systems.html Accessed on 5/14/20.
- “Reflex Defensive Rider Systems (RDRS) Explained for Harley-Davidson Motorcycles.” YouTube, uploaded by Matthew Laidlaw, 5 September 2019. https://www.youtube.com/watch?v=GbiPayv9inc&t=253s. Accessed on 5/14/2020.