"New" '02 LeMans

[LowRyter]

This was posted on Wild.

 

https://detroit.craigslist.org/okl/mcy/6439311563.html

 

Bike has 3 miles and owner in Michigan is asking $6995.

 

[RedMog]

What a waste!

[68C]

How has that performed as an investment?

In other words what did cost in 2002, what would that be now taking inflation into account?

Edit. Just did a quick check, $1.00 in 2002 equals $1.36 now.

6995 ÷ 1.36 = 5143

So $6995 in 2017 = $5143 in 2002

( please correct any errors in my schoolboy maths)

[LowRyter]

and even worse since it retailed for $13k.

 

But a good deal for someone wanting one.

[68C]

$13,000 x 1.36 = $17,680 so only a $10,000 loss over fifteen years!

 

Perhaps fifteen years of riding memories would have been a better bet.

[Chuck]

That bike was from the Larry Klein (RIP) auction a month or so ago. Somebody's just flipping it to try to make a few bucks for whatever reason..

[czakky]

Seeing as how the bike is 15+years old by now is a zero mile bike a good deal? Would you start to worry about dry rotted seals/rubber parts?

I’d rather have a well cared for machine personally...

 

But, for the collector.

[footgoose]

Seeing as how the bike is 15+years old by now is a zero mile bike a good deal? Would you start to worry about dry rotted seals/rubber parts?

I’d rather have a well cared for machine personally...

 

But, for the collector.

 

 

For myself, the zero mileage bike has the benefit of not being abused. The rubber bits, covers, cables, boots, fuel - oil lines, filters, fluids, etc., would need replaced after that time regardless of miles. I think the best way to find them is 10 - 20k miles, one owner, decently cared for and most important, meticulously stored. This is a great color. An '02 is set up the right way imo. I hope it get's to meet the road.

[Rox Lemans]

I see 3 miles and I get queezy. One thing I know about Guzzis is they don't like to sit dormant. . Bad things happen when they sit too long.