The Value Of Motorcycle 2 Years Ago
Motorcycles are a popular mode of transportation for people all over the world. They provide a sense of freedom and adventure that cannot be found in a car or other vehicle. However, like any other vehicle, motorcycles lose value over time. In this article, we will discuss the value of motorcycles two years ago and what factors affect their depreciation.
Factors Affecting Motorcycle Value
There are several factors that affect the value of a motorcycle, including:
- Brand and Model
- Age and Mileage
- Condition
- Aftermarket Modifications
The brand and model of the motorcycle can significantly affect its value. For example, a Harley-Davidson will generally hold its value better than a less expensive, less popular brand. Additionally, the age and mileage of the motorcycle will also affect its value. A motorcycle with low mileage and in good condition will generally be worth more than an older motorcycle with high mileage and in poor condition.
The condition of the motorcycle is another major factor that affects its value. A motorcycle that has been well-maintained and kept in good condition will be worth more than a motorcycle that has been neglected and poorly maintained. Lastly, aftermarket modifications can both positively and negatively affect the value of a motorcycle. Modifications that improve the performance or appearance of the motorcycle may increase its value, while modifications that decrease its reliability or safety will decrease its value.
The Value of Motorcycles Two Years Ago
The value of motorcycles two years ago varied greatly depending on the brand, model, age, mileage, condition, and modifications. However, according to Kelley Blue Book, the average value of a 2018 Harley-Davidson motorcycle two years later in 2020 was approximately 80% of its original value. This means that a motorcycle that originally sold for $20,000 in 2018 would be worth approximately $16,000 in 2020.
Of course, this is just an average, and the actual value of a motorcycle two years later will depend on several factors. For example, a well-maintained Harley-Davidson with low mileage and no aftermarket modifications may still be worth close to its original value, while a neglected and poorly maintained Harley-Davidson with high mileage and several aftermarket modifications may be worth significantly less.
Tips for Maintaining Motorcycle Value
If you want to get the most value out of your motorcycle, there are several things you can do to maintain its value:
- Maintain your motorcycle regularly
- Keep your motorcycle clean and well-maintained
- Avoid aftermarket modifications that decrease reliability or safety
- Store your motorcycle in a dry, secure location
- Keep your motorcycle covered when not in use
By following these tips, you can help maintain the value of your motorcycle and potentially get a higher resale value when it comes time to sell it.
Conclusion
The value of a motorcycle two years ago varied greatly depending on several factors, including brand, model, age, mileage, condition, and modifications. Harley-Davidson motorcycles, in general, held their value better than other brands, but the actual value of a motorcycle two years later will depend on several factors. To maintain the value of your motorcycle, it is important to maintain it regularly, keep it clean and well-maintained, avoid aftermarket modifications that decrease reliability or safety, store it in a dry, secure location, and keep it covered when not in use.