Out with some of my friends today with their shiny Gs's all extoling how great they are and though they cost a bit more they hold their value. So let's look at this brain-dead economic statement. So let's see what it costs to trade in after 3 years with new bike prices increasing at 3% a year.
Tiger XRX comes at the moment with £950 of accessories and on the road at around £14,150. Depreciation is 25% a year. Value after 3 years is £5,970. New bike is now £15,460 so costs £9,400 to change.
GS on the road at Tiger spec is about £19,500. Depreciation is only 20% a year. Value after 3 years is £9,700. New bike is now £20,760 so costs £11,030 to change.
So it would cost £1600 more to change your GS and if you just sold the bikes you would lose more on the GS.
Not only that I still think my Trumpet is better.................