Those who bought used, need your comments.

3881 Views 15 Replies 15 Participants Last post by KenCrawleySC, Oct 11, 2004

ELP_JC

Discussion Starter · Sep 13, 2004

Hey guys, time to make a move. I know '05s are a go, but my dealer, and probably MOST others on small cities, don't ever want to see a Rune on their floor again unless it's PRE-PAID. Needless to say, no way I'm paying near retail for an '05 when I can get one for many thousands less. I personally think the prices already hit bottom now, and inventory is starting to get scarce.

My main concern on an 'old' one is having one of the reportedly not too common problems, due to dealer distance and inconvenience, but with many thousands saved, I'm willing to put up with that risk. The other solution is a pristine used one, and I found a local one, but it's the wrong color and has the wrong bars. Will test ride it tomorrow (hopefully).

My question now is how much to offer, taking into account the cost to fit rearset bars and the myriad work needed for it. I wanted black, but I might warm up to the others... at the right price, that is.

Knowing some new ones have been sold for $18K, how much should I offer for one of the first ones, already more than a year old? Mileage is less than 1,000. I'm inclined to offer $16K, but would like to know if it's a fair offer. Otherwise I'd just buy a brand-new '04 the color and bars I want, even if it costs a few grand more. I guess there's nothing wrong with offering, huh? It might be a low offer, but definitely not abusive. The 'turd' bike was sold for $14K+, if I remember correctly.

If you would share how much you paid for yours, it'd be greatly appreciated. I think it's smart to buy used, especially with low mileage.

Thanks for your comments.

1 - 16 of 16 Posts

DENVERRUNEMASTER

· #2 · Sep 14, 2004

ELP-JC

I paid $27,000 (MSRP) plus dealer prep, etc. Wound up paying slightly less than 30K. It's a candy black cherry with pull back handlebars and chrome wheels. (about 1300 miles on her). Too take an eleven thousand dollar cut (just off of MSRP) would be considered a HUGE insult to me. (10 months old) Oh yes, I have Runski's side covers. (that should ADD about 10K right there) I wouldn't take anything less than about 23K. Certainly anything less than 20K would keep me up at night. We all think our babies are worth more than they really are, but a cut of 11K is disgusting to me. A depreciation of 1,000 a month seems ridiculous.

Nothing personal, just think my bike is worth more than 16K. I don't care how many miles it has on it or how old it is.

greg

Adrian

· #3 · Sep 14, 2004

ELP_JC said:
Hey guys, time to make a move. I know '05s are a go, but my dealer, and probably MOST others on small cities, don't ever want to see a Rune on their floor again unless it's PRE-PAID. Needless to say, no way I'm paying near retail for an '05 when I can get one for many thousands less. I personally think the prices already hit bottom now, and inventory is starting to get scarce.

My main concern on an 'old' one is having one of the reportedly not too common problems, due to dealer distance and inconvenience, but with many thousands saved, I'm willing to put up with that risk. The other solution is a pristine used one, and I found a local one, but it's the wrong color and has the wrong bars. Will test ride it tomorrow (hopefully).

My question now is how much to offer, taking into account the cost to fit rearset bars and the myriad work needed for it. I wanted black, but I might warm up to the others... at the right price, that is.

Knowing some new ones have been sold for $18K, how much should I offer for one of the first ones, already more than a year old? Mileage is less than 1,000. I'm inclined to offer $16K, but would like to know if it's a fair offer. Otherwise I'd just buy a brand-new '04 the color and bars I want, even if it costs a few grand more. I guess there's nothing wrong with offering, huh? It might be a low offer, but definitely not abusive. The 'turd' bike was sold for $14K+, if I remember correctly.

If you would share how much you paid for yours, it'd be greatly appreciated. I think it's smart to buy used, especially with low mileage.

Thanks for your comments.

JC
I paid 25 out the door, but if you want to wait long enough you might get one for $9,000. The wait might be 5 to 10 years but I didn't want to wait, so I got off my duff and bought one for what ever the price was. You need to do the same so just do it......

Adrian

RuneSki

· #4 · Sep 15, 2004

ELP_JC
Hi,I paid $26,499 July '03. I asked them if they would knock $500.00 off the list price. They finally agreed and then I asked them to throw in a full face HJC helmet ,($179.99) and they almost blew a gasket, but they did.
I LOVE MY RUNE :!: :!: I'm not sure I'd be able to sell it.
Rich K ( Rune Ski )
DenverRuneMaster, THANK YOU for the compliment. :!:

easy i

· #5 · Sep 15, 2004

buying used

Hey JC, I bought my Rune used on an impulse 2 months ago. I saw it on the swap board and called the owner. He told me that it was a nice one, but he had already traded it to a dealer in Ohio. I tracked it down and drove 700 miles to Ohio to test-drive it. When I finished with the ride I couldn't wait for him to take my check so I could ride it home. I was Ruined. I left my Lincoln there (till I could get back for it) and headed home to northern Michigan. I paid 19k and have never been happier with a purchase. It was a great deal. One of the best I've made. It had 300 miles on it and was the color I wanted. I might have found one for a few bucks less but the 2 months riding I would have lost looking for another wasn't worth the wait. The Rune is truly an amaaaaaazing ride as well as a collector’s bike. I've been looking for a second one myself and I'd be happy to pay high 18's low 19's for a nice one. I recently called a few of the southern dealers looking for the new units that were supposedly selling for 20,000k. I found one dealer Pro-Sport out of Missouri who had a few for that price months ago but none now, so I think they've bottomed out.

So if you see a used one for 18 - 19k that's clean, with low miles or a new one in the low 20's grab it. I think it's a great buy or CALL ME there's room in my garage for another.

good luck
easy i

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RuneSki

· #6 · Sep 15, 2004

ELP_JC
Hi,I paid $26,499 in July '03. I asked them if they would knock $500.00 off the list price. They himed and hawed & they finally agreed.When I picked the bike up in Oct. I asked them to throw in a full face HJC helmet ,($179.99) and they almost blew a gasket, but they did.
I LOVE MY RUNE :!: :!: I'm not sure if I would be able to sell it!!
Rich K ( Rune Ski )
DenverRuneMaster, THANK YOU for the compliment. :!:

Madroober

· #7 · Sep 15, 2004

If I were selling My Rune and someone came over wanted to ride it and than offered me 16K I would show him or her the door :evil:
I think 20K Is A good deal Just my opinion of course

Todd

'NatiRune

· #8 · Sep 15, 2004

I am a newcomer to the Rune Team. I have watched the market with extreme interest over the past year for the right opportunity. I found the right color (blue), right bars (rear) and right wheels (SP47) at a small farm town dealer in Iowa and took the plunge 3 weeks ago. I had to drive 1200 miles to get the bike, but was able to buy it for $19,800 out the door.

The downside to this is I had to wait a year for a deal like this. In retrospect, I would have paid MSRP to get this bike a year earlier!

Duane

hannibal

· #9 · Sep 15, 2004

rune on sale

without my responsability, first check.
try to call this number in texas, elpaso
915 256 5701
should be a blue rune used with 7/800 miles for 17 k

anyway who appreciate the Rune will not sell cheap. the bike is great and will keep his value.
from the news a new rune was paid from 19 to 24 k 47 spec., tax ecluded

good hunt

ciao
hannibal

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RuneSpyder

· #10 · Sep 15, 2004

I am hoping that the price in the used market evens out at around $18,000 for a low-mileage bike.

I paid MSRP for mine, but I will only owe about $20,000 even on mine in about a month or so.

I would like to think that it would be worth more than I owe in about a year or so.

runelvr

· #11 · Sep 15, 2004

Rune Pricing

I shopped for mine and watched the market closely....which I have to do as a financial planner....

I was fortunate to find my Red Rear-set bar/chrome wheel package for $22,000 out the door Christmas Eve, 2004. (Drove it home and paid our Alabama 3% sales tax)

Probably used chrome wheeled edition fair price is $20-22k, Spec 47 $2k less....anything better than that for a low miler is a BARGAIN!

People are trading these in for Gold Wings.....and losing their shirt.

Moral of the story: NEVER PAY LIST PRICE...wait a little and let the early buyers keep the prices up for awhile, then demand slackens and prices fly downward. Always seems to be the way it works.

Be patient-just lurk in the weeds and then pounce when you see the deal you want. Winter is coming, and prices will probably drop some more.

This also worked for me in 2000 for a Corvette....I waited, found a car with 1953 miles, bought it for $7500 under list and the original buyer took a $5k bath.....

I worked at a car dealership as a lot attendant in the early 70s...and when the new models came out the salespeople would joke how they could gouge people for list or above until the cars weren't "unique" any longer.

Good luck...you'll love the bike!

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LOV2KRZ

· #12 · Sep 16, 2004

Try this on for size

Pay what ever makes you feel good about the deal. If its the wrong color or has to many miles on it and you paid a dollar you might still be unhappy. IMHO I'd buy the new one if you're looking at a second one.

E-Z Chuck

· #13 · Sep 18, 2004

Paid $24500.00 They pulled wheels and had them chromed , for cost of chrome. $800.00 from Plating corp in Calif. Good Luck
E-Z Chuck

Jeff Kehoe

· #14 · Oct 8, 2004

Paid 19k!

I got mine 2 days ago and paid 19k, no chrome wheels.
The dealer said he would chrome them in the winter for 800 installed.
Sound like a good deal, guess I'll do it.
It was brand new, and still dry from shipping when I purchased it.

rune018

· #15 · Oct 10, 2004

Hi All, I paid $26,000 for my Candy Black Cherry with chrome wheels & Pullback Bars in Septembr 04 & Don't regret it one bit. Sure it would have been great to get the bike @ $20,000 but thats not what they were going for at the time, I thought about waiting and thought if I wait to long and it is a true limited bike that I might miss the opertunity to get one just because I was being a little cheap. I am so glad I didn't wait. I have had the bike for the last year & have been able to ride one instead of waiting to see what it would be like. As I stated before if there is an 05 model thats good because parts for the bike will be available longer,which is always good,and if there is know 05 model year at all, It wouldn't surprise me to see that people might not be to fast to sell the ones they have & you could see that resale value jump back up,you know that whole supply & demand thing.
Just my two cents.

KenCrawleySC

· #16 · Oct 11, 2004

Cost of my Black Rune: $27,000
The VALUE of my Rune: "Priceless"

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