V100 depreciation concerns, Griso 8V to wait

[c-motion123]

Hi everyone. It's been over 10 years since I had to let go my Stelvio. 3 kids later, I'm itching to get back on a Guzzi. I'm particularly fond of the new V100 S. In many ways, I feel like they built my ideal motorcycle. That being said, I worry about the depreciation. I've lost considerable money on my Stelvio and I wonder how the value of the V100 will hold up in the upcoming years... Especially when you compare with some Italian and German competitors. I also wish I could say it's going to be my "for ever' bike, but I fully know that would be a lie. Any opinions on the matter ?

In a meantime, while I debate and save up for a V100S (it's still well over 20K CND) I'm considering finding a clean Griso 8V to fulfil my Guzzi needs (Ideally located in Canada). If anyone knows about one for sale, I'm all ears.

Cheers!

 

[scott_m]

I don’t get you.

ALL MOTOR VEHICLES go down in value from the day they go into service.

There is no general use motorcycle that doesn’t go down in value.

So, to minimize the effect, wait for the first ones sold to come available in the used market. Be prepared to use the power of cash to obtain the best used prices.

 

[Dukesox]

Just my guidelines on buying bikes if depreciation is an issue , not recommendations to anyone else so feel free to disagree :-

Never buy a new model particularly from a small company like Guzzi where the first owners may end up doing some unpaid research. Wait a while for feedback.
Stick to bikes at least 5 years old so most of the depreciation is taken care of .
Stick to bikes 10 years old or more and there is no depreciation to speak of. My 2008 Stelvio owned for 2.5 years and 2005 Monster owned for 4 years are both worth more than I paid for them.
Buy in the Winter when buyers are scarce, sell in late Spring / early Summer when buyers are keen to get a bike for the season .

But the V100 looks lovely and seems to be all I would want in a bike . Subject to a good test ride of course but I`m avoiding that is it would end up with me ignoring all my guidelines.
In the UK recent Guzzis seem to hang on to their value very well so depreciation is not so much of a factor, no idea about anywhere else.

 

[john zibell]

I prefer to buy my bikes new. That way I know the PDI was done correctly, serviced as it should be and not abused. I know there will be depreciation, but I keep my bikes for a long time. I still have the 1990 LeMans and 2006 1100 Breva that I purchased new. I believe at my age these will last me as long as I ride and in fact, there isn't a new bike that has me interested. The V100 will be a great bike, but one of those isn't in the cards for me.

 

[Raven]

I have never bought anything (toys that is) that I considered resale value when I purchased it.
A couple of years old usually takes care of a lot of the depreciation. Our BMW 640i GT cost us under half of the new price when it was 2 years old with under 50,000 KM, 30,000 miles.

 

[TennesseeSmith]

My philosophy on buying bikes:
Life is short. Don't be cheap. Buy what you want and enjoy it. You can't use that money after you're gone.

 

[La Borgia]

Life is short. Ride. My '03 Vespa has a sticker above the headlight that reads "It is later than you think". My '95 1100 Sport was bought with 27,000k on it, imported from Japan. Zero rust, just a patina that glows. I did buy new, once. A '01/12 TNT R160 Benelli that I dropped two years ago. The last parts have FINALLY arrived. New bike from a brand that then sold to Chinese AFTER my model was discontinued! IF I had brains I'd be riding a 10 year old GS......NAWWW

 

[scott_m]

Like many others here, I buy new and I buy very gently used motorcycles as well.

The new ones I know I will keep forever like my 2012 Stelvio NTX and my 2017 Ural Gear Up. My other used motorcycles, are always impeccable in condition and mileage that their value is almost always that they are worth more than I paid for them. I like it that way.

 

[GerryAZ]

As far as vehicles are concerned, I generally buy new because I know they are properly serviced and I keep them long enough to quit worrying about depreciation. I buy used only if what I want is not available new.

 

[Speciality]

I prefer to buy my bikes new. That way I know the PDI was done correctly, serviced as it should be and not abused. I know there will be depreciation, but I keep my bikes for a long time. I still have the 1990 LeMans and 2006 1100 Breva that I purchased new. I believe at my age these will last me as long as I ride and in fact, there isn't a new bike that has me interested. The V100 will be a great bike, but one of those isn't in the cards for me.

Some of us have little to no faith in their dealer either doing all they should in PDI or in servicing. Mine is an example, to the extent that I have foregone potential warranty claims (not so favourable here in the UK) in favour of doing the work myself. Just saying that dealers vary in capability and reputation, so it can be beneficial to buy used, despite potential pitfalls stated.

 

[Bill Hagan]

I'm in the camp of "life is short," buy and ride what you want, and -- with several but few notable exceptions in the US -- am wary of dealers doing their duty.

Bill

 

[GerryAZ]

I'm in the camp of "life is short," buy and ride what you want, and -- with several but few notable exceptions in the US -- am wary of dealers doing their duty.

Bill

I am also strongly in the “life is short—ride/drive what you want” camp. I do most of my own service/repair so I hope I do it correctly and I don’t have to worry about what was done previously when I buy new.

 

[Tuco]

I tend to buy new so that I have confidence that the vehicle hasn’t been abused or neglected. That peace of mind is important to me. And depreciation is of no concern as I keep vehicles for a long time, at least until maintenance costs become excessive.

 

[La Borgia]

Just my guidelines on buying bikes if depreciation is an issue , not recommendations to anyone else so feel free to disagree :-

Never buy a new model particularly from a small company like Guzzi where the first owners may end up doing some unpaid research. Wait a while for feedback.
Stick to bikes at least 5 years old so most of the depreciation is taken care of .
Stick to bikes 10 years old or more and there is no depreciation to speak of. My 2008 Stelvio owned for 2.5 years and 2005 Monster owned for 4 years are both worth more than I paid for them.
Buy in the Winter when buyers are scarce, sell in late Spring / early Summer when buyers are keen to get a bike for the season .

But the V100 looks lovely and seems to be all I would want in a bike . Subject to a good test ride of course but I`m avoiding that is it would end up with me ignoring all my guidelines.
In the UK recent Guzzis seem to hang on to their value very well so depreciation is not so much of a factor, no idea about anywhere else.

Totes agree on every point, except opposite seasons my Hemisphere. Btw, "... unpaid research...". How hilarious My '95 1100 Sport (very last carby model), minus cat, stock, only goes UP in value. And a sorted, older bike with decent ccs, what's a few kays on it? Bloody weird thing is, I've also got an 848 & an R160, twice the power but I'd sell them first! Get a sorted, older bike & just find a good parts specialist. Guzzi bits are findable.

 

[South Westerly]

Never bought a set of wheels with a view to worrying about depreciation. I have always bought new bikes and tend to keep them for longish periods - plus 5 years on average. I enjoy having something new and shiny. Sad I know.

 

[Brett]

I tend to buy new so that I have confidence that the vehicle hasn’t been abused or neglected. That peace of mind is important to me. And depreciation is of no concern as I keep vehicles for a long time, at least until maintenance costs become excessive.

I agree with this, especially if it is a new to me bike or vehicle. I did buy my Stelvio used but am familiar with them as I have two other Guzzi's in the stable of the same vintage and am willing to take the risk on as I believe I can resolve any issues. New is the ideal way to go in my opinion as you get a bike with no history but what you write.

 

[BioKnee]

The only new vehicles I've bought were numbers 2 & 3 (both early-eighties Hondas, 250 & 650) and my last two motorcycles (both 2020's V-twins) which restarted my biking fun after 30 years off. I bought the Multistrada 950S in April '21 and traded it in for half its original value in June 2024 - against a Stelvio (which I totally love).

Losing half the new value in three years is what I've come to expect - I've had a succession of three-year-old BMW convertibles bought at half price and run for 4-6 years. Just a fact of life when you buy vehicles that are in easy supply.

I'm thinking the Stelvio (unlike the Ducati) is a keeper though - until I'm not strong enough to move it around any more.

 

[MrKiwi]

Just my opinion and each to their own, I buy either new or used. Experience tells me not to purchase the first year (or two) of a brand-new model to the market, often there are some teething issues not sorted in the development process. I got caught out with a new Africa Twin, wished I have waited another year.

Buying used, most of my bikes have been used. There is always an element of risk because you never quite know what the previous owner did or did not do maintenance wise etc. My new to me second hand California Custom, I knew what I was buying. It was a damaged bike, so I set aside some dollars for any eventualities that might arise. Sometimes taking risks is fun, but only if you can afford it.

 

[AuSableWulff]

Check out FB marketplace for Griso in eastern CAD. There’s currently a very clean one in TO and a “scramblered” one about 45 min outside of MTL. Heaven only knows what the owner ( butcher?) of the latter was thinking .

 

[Quackfoo]

V100 depreciation is massive. I was puttering around two different dealers this summer and they both offered me under 7k for my v100s. They just aren't high demand bikes. At the time I had 1500 miles on it. Private sale will be low as well, just not a well known brand with good dealer support. When I say I have a moto guzzi most people say "what is that, some type of scooter?"

So if resale is important, Moto Guzzi should be at the bottom of your to buy list. Motorcycles in general are bad investments, Moto Guzzi is bad on top of that lol.