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Used Harley Davidson Motorcycle, $10,000 Cheaper for 16 Miles

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I have a funny story about my uncle that I wanted to share with you all. Sometime in the last year he bought a Harley Davidson Motorcycle and as a gift of some kind, his friends had gotten him a Harley Davidson leather jacket that was either too big or too small. So, he was at a dealership trying to get the sizes swapped on the jacket when a guy was trying to sell his newly purchased motorcycle back to the dealership. Apparently what happened was that he bought it, rode it home, got into a fight with his wife and had to return it. The only problem is that the dealership couldn’t accept his return even though he only drove sixteen miles (home and back) and bought it earlier that day. They argued a little bit and eventually the dealership said they could sell it for him, obviously in their used department, but it would cost him. My uncle, hearing the commotion, asked what was going on and heard the story. That’s when my uncled offered to buy the motorcycle off the guy for $10,000 less than what he just paid a few hours earlier. $10,000 off a basically new motorcycle with a mere 16 miles… incredible.

Two lessons to take away from this:
1. Sometimes you’re just at the right place at the right time.
2. Talk to your wife before you go buying a motorcycle you moron.

(My dad told me this story when I was home one weekend and I thought it was funny. I don’t know if I messed up the details in my memory but it went something like that. Just so you know, my uncle has a habit of getting stuff at great deals because of luck, haggling, etc. This story is just about par for the course)

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6 Responses to “Used Harley Davidson Motorcycle, $10,000 Cheaper for 16 Miles”

  1. doren says:

    How much does a new Harley cost ?

  2. Anonymous says:

    About $10,000.

  3. Anonymous says:

    10K? No way…you can spend upwards of 25K on a decent Harley, but like with anything else, it depends on the model and options that you get.

  4. Rich says:

    Either the guy fell off the Harley, or your uncle is pulling your leg.

  5. mapgirl says:

    Custom Harleys make up about 50% of their sales in bikes. Those bikes are regularly $25K and up. Since this was an impulse purchase, it sounds like it was a stock bike for anywhere between $15-20K. If was a Softail (kind of the Classic bike you think of as a Harley) he took about a 50-70% depreciation for 16 miles.

    And anyone who impulse purchases a brand new bike is kind of nuts. But it definitely happens. A friend of mine sells bikes and he sees folks finance new Suzukis and Ducatis every week.

  6. Weekly Roundup – 07/21/06

    Here’s a quick look at some of the personal finance-related articles that caught my eye this week…

    First off, Jim got ripped off by a guy named Carl D. Grossman — this kinda makes makes my eBay problems look like small potatoes. Jim…


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