Around 10k. Bought a 2019 harley sportglide, put stage 2 on it, full exhaust, got it custom painted including the saddlebags, different bars, grips, u name it. And chromed as much of the engine as possible. Drove it for about a year, lost interest and couldnt even get it sold for the initial price not counting the 8k in mods i added, so i sold it for 2k below new price, total loss of around 10k in one year. Never doing that again.
I recently lost about 5k on trade ...long story short traded crf250l for a harley with big s&s motor to use in my fxr...it eneded up having bad crank bearing motor was total loss. Not my worse but most current bad deal
Bought a new Triumph, 215 cc in 2007, take it 25 miles out in the ocean, for over a decade. Still runs strong, looks like new. Just buy the right stuff!
You didn’t find the right guy to fix it. Every place has the magic mechanic. Not that your guy was bad. Maybe his mojo had temporarily softened. But it’s all down to finding out what’s wrong and putting things right. One wire, one faulty connector, a bad ground, a mistake on the factory electronic schematics. I’ve had my ass kicked by something broken but I don’t offer my services unless I’m willing to eat the labor when I fail. Sorry this was a sad story. …and, I’m now very careful about which jobs I accept.
This was once my favorite bike channel along with Sean and SRK. It was must watch when you would wheel and deal buying bikes, testing them and flipping them. But, I totally get putting Fam first because that’s what a Man is supposed to do.
Ouch!!! Sorry to hear that! My 890 Adv R was nearly $16k BEFORE tax in March 2022. Now there is a mint condition one for sale locally with 0 miles at $11k. I figure at minimum I've lost $5k- and mine is hammered hahaha! But I went the other way- I look at it as a license to ride the piss outta the bike now. And at this point, that bike is gonna be in the stable for another 5+ years.
I would never buy a modded bike. To me that's just a huge red flag. Of course you were specifically looking for a stunt bike. But then logically nothing is going to be harder on a bike than stunting, so modification for stunting is the biggest red flag of all. Odd though your friends couldn't figure out why it wouldn't start. There are two things to be careful about with mechanics. One is that they rip you off, which is all too common, but the other problem is that they don't know what they're doing, and that's going to end up the same way, or worse. I learned a long time ago not to be too quick to advertise myself as a guy that knew how to fix things among my friends. That's a good way to screw up a friendship. I used to tell my engineering students to never do anything for free. You've gotta at least charge enough to cover your potential liability in case you screw it up. Otherwise you're out of pocket, working for free, and have a pissed off customer, all on the same deal.
I work at a Harley dealership. If a person is going to add tons of performance or accessories to their bike, make sure you plan on keeping it for a long time because you aren’t going to remotely come close to recouping what you put into it. The only exception is if you can competently install it all yourself and don’t have a lot of $ invested into labor.
@@itsgoingdown1974 The worst thing is if somebody does a bunch of mods on their brand new bike, and then six weeks later they're selling it because they figured out that they don't like motorcycles.
Yeah the only acceptable mods are like a slip on, bar end mirrors, better seat and a fender eliminator I refuse to buy anything with a stretch or engine/ECU mods or frame mods or any shit that changes the engine or electronics
I definitely have lost money, usually when I bought something out of love and not as a pure investment. It's a bummer you took such a hit. Hopefully it will at least pay itself off in fun memories down the line.
It's easy to lose that much money on a bike. A regular scout or nighster are going for 20k OTD. Could maybe get 12k out of it after 2 years. If you really want to get hosed, finance it through the dealer, get the extended warranty, and the lifetime battery replacement plan.
not a huge loss but I did lose 1.5k on broken enduro bike. I went into a local moto dealer asking around for dirt bikes. They told me they don't sell those bikes themselves but that they did know of a guy who was trying to sell his KTM 400EXC. They said if I'm interested they would fix up the bike and sell it to me, without warranty (because they were acting as middlemen). I agreed to it because it seemed like an awesome deal for a street legal dirt bike. Cut to a week or so later when the bike was ready to be picked up. It's 2020 and the day my bike was ready, the government announced that in the afternoon the country would be locked down and no one was allowed outside. So I rush over to the bike shop, get the bike loaded in my trailer, and rush back home just in time. I did not inspect the bike at the shop, I did not start it, I just trusted them fully. Couple weeks of lockdowns go by, and we're still not allowed to be outside except for necessities but I start getting the real urge to atleast start the bike up and ride it around in the underground garage. But it doesn't start. I figure it's my fault because I wasn't familiar with kickstarters so I let it sit for a day while I look up how to kickstart this bike. I drain the gas tank and put new gas in it, I go out and buy a brand new battery when the shops open up again, I try everything but it won't start. Eventually after letting it sit in my garage for a few months I take it to a KTM repair/maintenance shop and have it inspected and they return with a whole laundry list of stuff that's wrong with this bike. Bent frame and broken engine and enough faults that it would cost twice as much as I paid for it to fix this bike... Lesson learned. Don't buy a bike without starting it up. Don't rush the buying process. And don't trust this local dealer lol
Hola... I haven't taken a Loss on a purchase but I did on a project.. I quoted the the labor based on USD but the job was in Holland and I pretty much was spending all my earning on staying alive for 3 weeks in a Europe economy
10k on a victory Vagas, 8ball, Jack pot Frankenstein monster that was bad ass and I'd still have right now if I didn't blow up my truck. Sold the victory a year after purchase for 5k. Sucked but was desperate losing big money being unable to do my job. So because it's big ass trunk and my desperate need for a vehicle I spent that entire 5k on a 2001 jetta someone had dumped a butt ton of money and work on. I've had a couple vr6 vws. None of which would get anywhere near that thing in quarter. It was extremely impressive for the whole two days I had it that it was actually running. Coming off the interstate went for 4th and hit second which honestly it was rushour wasn't even doing 60 so it should have been fine. But the plastic guide for the chain for whatever reason wasn't replaced when they got the heads ported polished and sprockets and chains top of the food chain Quality parts. So still baffled why they didn't change it. Either way. Paid someone to fix it. It didn't get fixed. Still have it. Flawless car outside it not running. But spent other 11k on an srx caddie only to I shit you not have the timing chain go out 2 weeks later. The first timing issue in 45 years and they was two weeks apart. Don't know what I did in the past life. But karma that bad It must have been the shit movies are made about. Lol
Interesting it had a hand brake. My worst loss was 6,000 GBP on a Jeep Wrangler 4.0 Ltd over ten years. I sold it for 500 GBP, but I spent loads on it. Pile of rubbish. Nick J
He might be a cool friend or whatever but the initial guy who did all that $2K+ worth of work without actually getting the bike running first (if I understood everything correctly), is the guy who screwed you because that was a pointless expense, imho. Like you said, one should at least learn from his/her mistakes. Even that has great value.
Hello wish you and your family all the best, i need an advice from you between yamaha motorcycles Vmax, rider and stryker wich one you recommends for me, Am 5'5"=169 cm wieght 52kg Taking manoeuvring and bike wieght in consideration, 90% of the time riding in the city Or i should look up for honda or suzuki with same motor cycle style ? Thank you, wish you all the luck
Bought and traded 3 bikes over 4 years; only lost the cost of insurance, gas, and oil changes. Two things I never do: Never purchase a modded bike & never buy anything in kauilfornia 😉
Hey John i feel for you but i got you beat and im not bragging!I had 11 bikes and i had lost my shop and was going thru a rough with my ex.I had too start letting go of some of my things and had a couple friends who wanted to buy a couple of bikes so i sold them each a bike 10 g a piece needless to say i got a g down and was to get the rest monthly.I thought shit good friends i can trust them,bullshit never seen them again.I learned the hard way that theres a reason they couldntget a bike on there own .No credit mf s but never again will i do that !
God himself would have to pry that FXDX from my hands 🤣. Sorry bout the loss but at the end you also made some good deals and sales over the years. Cant win em all
![ทุกครั้งที่หลับตา (Lucid Dream) - AYLA's [ Official MV ]](http://i.ytimg.com/vi/4i1OBAQyv58/mqdefault.jpg)
What's the most you've lost on a deal? Drop a comment below.
Around 10k. Bought a 2019 harley sportglide, put stage 2 on it, full exhaust, got it custom painted including the saddlebags, different bars, grips, u name it. And chromed as much of the engine as possible. Drove it for about a year, lost interest and couldnt even get it sold for the initial price not counting the 8k in mods i added, so i sold it for 2k below new price, total loss of around 10k in one year. Never doing that again.
I recently lost about 5k on trade ...long story short traded crf250l for a harley with big s&s motor to use in my fxr...it eneded up having bad crank bearing motor was total loss. Not my worse but most current bad deal
Man do you see that Dyna sitting behind you? You’re still a winner in my book!
Don’t ever buy a boat
If it flies, floats or f#*ks, it’s cheaper to rent.
Bought a new Triumph, 215 cc in 2007, take it 25 miles out in the ocean, for over a decade. Still runs strong, looks like new. Just buy the right stuff!
You didn’t find the right guy to fix it. Every place has the magic mechanic. Not that your guy was bad. Maybe his mojo had temporarily softened. But it’s all down to finding out what’s wrong and putting things right. One wire, one faulty connector, a bad ground, a mistake on the factory electronic schematics. I’ve had my ass kicked by something broken but I don’t offer my services unless I’m willing to eat the labor when I fail. Sorry this was a sad story. …and, I’m now very careful about which jobs I accept.
This was once my favorite bike channel along with Sean and SRK. It was must watch when you would wheel and deal buying bikes, testing them and flipping them. But, I totally get putting Fam first because that’s what a Man is supposed to do.
Ouch!!! Sorry to hear that! My 890 Adv R was nearly $16k BEFORE tax in March 2022. Now there is a mint condition one for sale locally with 0 miles at $11k. I figure at minimum I've lost $5k- and mine is hammered hahaha! But I went the other way- I look at it as a license to ride the piss outta the bike now. And at this point, that bike is gonna be in the stable for another 5+ years.
The big drag is i was looking forward to having a stunt bike to still mess around on. Live and learn.
I would never buy a modded bike. To me that's just a huge red flag. Of course you were specifically looking for a stunt bike. But then logically nothing is going to be harder on a bike than stunting, so modification for stunting is the biggest red flag of all. Odd though your friends couldn't figure out why it wouldn't start. There are two things to be careful about with mechanics. One is that they rip you off, which is all too common, but the other problem is that they don't know what they're doing, and that's going to end up the same way, or worse. I learned a long time ago not to be too quick to advertise myself as a guy that knew how to fix things among my friends. That's a good way to screw up a friendship. I used to tell my engineering students to never do anything for free. You've gotta at least charge enough to cover your potential liability in case you screw it up. Otherwise you're out of pocket, working for free, and have a pissed off customer, all on the same deal.
I work at a Harley dealership. If a person is going to add tons of performance or accessories to their bike, make sure you plan on keeping it for a long time because you aren’t going to remotely come close to recouping what you put into it. The only exception is if you can competently install it all yourself and don’t have a lot of $ invested into labor.
@@itsgoingdown1974 The worst thing is if somebody does a bunch of mods on their brand new bike, and then six weeks later they're selling it because they figured out that they don't like motorcycles.
Yeah the only acceptable mods are like a slip on, bar end mirrors, better seat and a fender eliminator
I refuse to buy anything with a stretch or engine/ECU mods or frame mods or any shit that changes the engine or electronics
Of course I all ways lose that’s why I ride them till they turn into dust
I definitely have lost money, usually when I bought something out of love and not as a pure investment.
It's a bummer you took such a hit. Hopefully it will at least pay itself off in fun memories down the line.
It's easy to lose that much money on a bike. A regular scout or nighster are going for 20k OTD. Could maybe get 12k out of it after 2 years.
If you really want to get hosed, finance it through the dealer, get the extended warranty, and the lifetime battery replacement plan.
not a huge loss but I did lose 1.5k on broken enduro bike. I went into a local moto dealer asking around for dirt bikes. They told me they don't sell those bikes themselves but that they did know of a guy who was trying to sell his KTM 400EXC. They said if I'm interested they would fix up the bike and sell it to me, without warranty (because they were acting as middlemen).
I agreed to it because it seemed like an awesome deal for a street legal dirt bike.
Cut to a week or so later when the bike was ready to be picked up. It's 2020 and the day my bike was ready, the government announced that in the afternoon the country would be locked down and no one was allowed outside. So I rush over to the bike shop, get the bike loaded in my trailer, and rush back home just in time. I did not inspect the bike at the shop, I did not start it, I just trusted them fully.
Couple weeks of lockdowns go by, and we're still not allowed to be outside except for necessities but I start getting the real urge to atleast start the bike up and ride it around in the underground garage. But it doesn't start. I figure it's my fault because I wasn't familiar with kickstarters so I let it sit for a day while I look up how to kickstart this bike. I drain the gas tank and put new gas in it, I go out and buy a brand new battery when the shops open up again, I try everything but it won't start. Eventually after letting it sit in my garage for a few months I take it to a KTM repair/maintenance shop and have it inspected and they return with a whole laundry list of stuff that's wrong with this bike. Bent frame and broken engine and enough faults that it would cost twice as much as I paid for it to fix this bike...
Lesson learned. Don't buy a bike without starting it up. Don't rush the buying process. And don't trust this local dealer lol
Hola... I haven't taken a Loss on a purchase but I did on a project.. I quoted the the labor based on USD but the job was in Holland and I pretty much was spending all my earning on staying alive for 3 weeks in a Europe economy
They say you make your money when you buy the thing not when you sell it.
Bud. 1st and main mistake. Treating those bikes like you did. And sharing it.
😂😂😂 for real
As a certified Mercedes Benz tech, had to replace a wiring harness, on an sl coupe. A pain, but, everything worked. Lot's of patience involved.
The one thing I do know is.
Now I feel like a ShaveIce.
I did like the 636 not as much as the DRZ, of course
You should do a garage update on what you have left to sell
10k on a victory Vagas, 8ball, Jack pot Frankenstein monster that was bad ass and I'd still have right now if I didn't blow up my truck. Sold the victory a year after purchase for 5k. Sucked but was desperate losing big money being unable to do my job. So because it's big ass trunk and my desperate need for a vehicle I spent that entire 5k on a 2001 jetta someone had dumped a butt ton of money and work on. I've had a couple vr6 vws. None of which would get anywhere near that thing in quarter. It was extremely impressive for the whole two days I had it that it was actually running. Coming off the interstate went for 4th and hit second which honestly it was rushour wasn't even doing 60 so it should have been fine. But the plastic guide for the chain for whatever reason wasn't replaced when they got the heads ported polished and sprockets and chains top of the food chain Quality parts. So still baffled why they didn't change it. Either way. Paid someone to fix it. It didn't get fixed. Still have it. Flawless car outside it not running. But spent other 11k on an srx caddie only to I shit you not have the timing chain go out 2 weeks later. The first timing issue in 45 years and they was two weeks apart. Don't know what I did in the past life. But karma that bad It must have been the shit movies are made about. Lol
I am living this right now with a gsxr 1000. To far into it still dumping money. It will be the only bike out of 30 that I am very upside down in.
It sounds like the storage with rats might have been your real nemesis.
Interesting it had a hand brake. My worst loss was 6,000 GBP on a Jeep Wrangler 4.0 Ltd over ten years. I sold it for 500 GBP, but I spent loads on it. Pile of rubbish. Nick J
Sold my Dyna and did not even come close to recouping all my money. If youre going to mod out your bike, dont sell it. Lesson learned.
He might be a cool friend or whatever but the initial guy who did all that $2K+ worth of work without actually getting the bike running first (if I understood everything correctly), is the guy who screwed you because that was a pointless expense, imho. Like you said, one should at least learn from his/her mistakes. Even that has great value.
Hello wish you and your family all the best, i need an advice from you between yamaha motorcycles Vmax, rider and stryker wich one you recommends for me,
Am 5'5"=169 cm wieght 52kg
Taking manoeuvring and bike wieght in consideration,
90% of the time riding in the city
Or i should look up for honda or suzuki with same motor cycle style ?
Thank you, wish you all the luck
Bought and traded 3 bikes over 4 years; only lost the cost of insurance, gas, and oil changes.
Two things I never do:
Never purchase a modded bike & never buy anything in kauilfornia
😉
Oh yes Jon! My Kawasaki 750 turbo is a pain in my wallet! Still playing that game. Would have gladly bought your stunt bike.
How do you deal with titles when flipping bikes??
Dyna still for sale?
Did the new owner of said stunt bike ever get it running?!
I just sold it yesterday, so not likely. Lol. He's going to try and get it to a guy in cali who knows the bikes real well. Time will tell.
@JonsMotoGarage I had a 636 setup like your bike was, soo much fun to mess around on! Can't blame you for buying a stunt bike that's setup already🤘
Ouch.
Hey John i feel for you but i got you beat and im not bragging!I had 11 bikes and i had lost my shop and was going thru a rough with my ex.I had too start letting go of some of my things and had a couple friends who wanted to buy a couple of bikes so i sold them each a bike 10 g a piece needless to say i got a g down and was to get the rest monthly.I thought shit good friends i can trust them,bullshit never seen them again.I learned the hard way that theres a reason they couldntget a bike on there own .No credit mf s but never again will i do that !
Paid way too much and lost your shirt in the end. Another California story! Greetings from Norcal!!!
🙄😥🤸🏼♀️❤❤❤
Lots thousands in the stock market on the airlines, on a bad tip....
I would blame the rats for that one. Live and learn unfortunately
God himself would have to pry that FXDX from my hands 🤣. Sorry bout the loss but at the end you also made some good deals and sales over the years. Cant win em all
Sounds like the rat damage was what did you in. Brakes are a pain but fixable. Happened to you before right? Damn bro.
True. The rat damage was the killer. I just made the mistake of dumping even more money into before just cutting ties. 🤦♂️
Yup. lost money mostly. But not a huge amount on 1 bike. Sorry that happened. Freaking rats!
Yup. Usually have a good time blowing money on bikes.