Depreciation

[Fazerjon]

I was and thats a big WAS toying with the idea of getting an adventure bike until I started looking to see what my bike is worth.I couldn't believe how much it has depreciated in less than a year! In march this year I bought my brand new FZ1-N which was listed in the showroom at £9999.00 The dealer came down to £9000 and we settled on a deal in which I part ex'd my 600 Fazer. If I wanted to sell the FZ1 privately according to Parkers Guide, I'm looking at £6300! And a dealer wasnt prepared to go much over £5,000! Thats an insult. Admittedly that was an 'over the phone book price' but even so, Ive only done 3300 miles and she's mint! Ive Just seen brand new FZ1-N's on ebay from Yamaha dealers at £7495. Gutted, I think I'll be hanging on to it for a good few years now.