Do Farkles add any REAL value. - BMW Luxury Touring Community
 
LinkBack Thread Tools Display Modes
post #1 of 20 Old May 11th, 2009, 7:53 am Thread Starter
Member
 
Join Date: Dec 2002
Location: Weaverville , NC, USA
Posts: 84
Do Farkles add any REAL value.

Question.

Do Farkles add any REAL monetary value when one goes to sell the bike? An aquaintance of mine many years ago thought Yes. He had a GW and had added (he keep meticulous notes) $5,000 worth of stuff (lights, chrome, CB etc) He was putting his bike up for sale. The Value Guide Book put it at $6,000 with the mileage taken into account. His opinion was that he had added $5,000 to the bike so he could sell it for $11,000. Well, I disagreed and said that there really was no monetary value in the add-ons, and that some of what he did might even de-value the bike. After 7 months of no luck selling the bike, he was quite upset. I moved from the area and never did find out if and for how much he sold the GW for. So what are the thoughts out there. Do farkles add REAL monetary value to a used bike or are they just a fun selling feature. ?

Howard Dusenbery 2000 K1200LTC
HDusenbery is offline  
Sponsored Links
Advertisement
 
post #2 of 20 Old May 11th, 2009, 8:09 am
Senior Member
 
Steve_R's Avatar
 
Join Date: Mar 2003
Location: Snellville, GA, USA
Posts: 6,424
Re: Do Farkles add any REAL value.

I think that depends on the farkles you add. To me MotoLights, GPS, aftermarket shocks and rear safety lighting would be farkles that I would be willing to pay for on a bike I'm purchasing from someone else as they are a benefit to me. The farkles that a brand, H-D or GW, sells just to customize to my tastes, probably not.

On His Ride,
Steve
-
KA5MTE
'02 LTE - Red-blooded Dragonfly
'00 Unigo - Dragon's Egg
'01 LTC - Flying Purple People Eater (Ya gotta be old enough to understand)(RIP)
'00 LTC - Canyon Red Rover (RIP)

Have you
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
bmwlt.com lately????



To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


"To not know me is to lose nothing, to not know Him is to lose everything."
Steve_R is offline  
post #3 of 20 Old May 11th, 2009, 8:41 am
Senior Member
 
razman10's Avatar
 
Join Date: Aug 2008
Location: West Greenwich, RI, USA
Posts: 540
Re: Do Farkles add any REAL value.

I think they do add some value to the bike. But one cannot expect to recoup 100% of the price each farkle cost! Farkles depreciate just as the rest of the bike would.

The main thing to think about is not so much what is the farkle worth, but rather what is the farkle worth to the potential buyer!

__________________

Ray "Razman"

2004 BMW K1200LTE - Rosie (As in Whole Lotta Rosie)
1996 HD Sportster XLH883 Hugger (sold)
1986 Honda Interceptor VF500F (sold)

Your chosen perspective changes everything. - Unknown Author

"You are what you repeatedly do. Excellence is not an event - it is a habit." - Aristotle; 384-322 BC, Greek Philosopher and Scientist
razman10 is offline  
 
post #4 of 20 Old May 11th, 2009, 9:05 am
Senior Member
 
JPSpen's Avatar
 
Join Date: Jul 2005
Location: Jones, OK, USA
Posts: 3,525
Re: Do Farkles add any REAL value.

When selling any bike. I always remove the farlkes. If the new owner wants to buy any of them he gets first chance. Otherwise they're sold separately.

Sold My LT. Got about two grand extra for the farkels sold separately..
Never would have gotten that if I had left them on the bike.

Good Luck

John

Live and direct from the new earthquake capitol of the U.S. Jones, Oklahoma
08 Can-Am Spyder (Miss Lindy's)
03 R1200CLC Capri Blue "Flipper"
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

01 R1100RT Glacier Blue "Lucky"
91 R100GS "It'sNotAMoneyPit"
The voices in my head may not be real, But they have some good ideas!


"I like the wind in my face and Boobies on my back. No, Wait, I got that backwards"

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
JPSpen is offline  
post #5 of 20 Old May 11th, 2009, 9:41 am
Lifetime Supporter
 
Join Date: May 2003
Location: Phoenix, AZ, USA
Posts: 1,305
Re: Do Farkles add any REAL value.

Farkles are like swimming pools. "They'll add value to your home" sez the salesman. A 50 percent return -- For every dollar you spend, 50 cents adds to your value.

Motor On ,/'


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
jkersh1 is offline  
post #6 of 20 Old May 11th, 2009, 1:02 pm
Senior Member
 
markc's Avatar
 
Join Date: Apr 2007
Location: Westminster, CO, USA
Posts: 159
Re: Do Farkles add any REAL value.

In the end anything, especially second hand things, are worth what someone is willing to pay for them. You can assign a price to something but, as the original poster's friend discovered, that means nothing if no one is willing to pay it. My LT had J-pegs, a Cee Bailey windshield and floor boards when I got it. Only the highway pegs were of value to me and I made my offer accordingly. I buyer is going to offer what they are willing to pay. You as the seller then must decide whether to take it or wait for a better offer. It's economics in action.
markc is offline  
post #7 of 20 Old May 12th, 2009, 6:29 am
Senior Member
 
pkpr1998's Avatar
 
Join Date: Feb 2004
Location: Ringgold, GA, USA
Posts: 3,704
Re: Do Farkles add any REAL value.

Your friend is living in fantasy land if he thinks he can recoup dollar for dollar on his farkles!

Like Steve said, there are some farkles that have more value than others. Shocks can be a good add-on value, HID, Motolights, GPS, after-market seat......

Brett
2003 K1200LTC SOLD
2013 K1600GTL SOLD
2018 K1600GA SOLD
2019 K1600GA Blue

North Georgia

2005 CCR-Tetons
2006 CCR-Braselton
2008 CCR-Midway
2009 CCR-Rapid City
2011 CCR-Boise
2012 CCR-Duluth
2014 CCR-Chattanooga
2015 CCR-Coeur d 'Alene


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
pkpr1998 is offline  
post #8 of 20 Old May 12th, 2009, 7:50 am
Senior Member
 
blueknightga6's Avatar
 
Join Date: Oct 2008
Location: Acworth, GA, USA
Posts: 1,176
Re: Do Farkles add any REAL value.

Cruiser riders "mod" also and are even worse I think about wanting full value for additions. Things like Iron Cross rear view mirrors, tinly little bullet LED turn signals that can barely be seen and extreme personalizaions.

Here was my experience when I sold my Suzuki C50T. I had added the OEM lightbar (and upgraded from the light bulbs to sealed beam tractor lights), Mustang seat, passenger floorboards, OEM luggaged rack and a back off brake light module. The buyer only cared about the light bar (but NOT the upgraded lights) because he liked the look and the 3 lights making him more visible and the back off module because it made him more visible from the rear while stopped or stopping. He could've cared less about the seat, passenger floorboards and luggage rack.

Chris Ehlbeck
2002 BMW K1200LTE Toscana Green Retired with 85,391 miles
2014 BMW R1200RT Quartz Blue Metallic

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
blueknightga6 is offline  
post #9 of 20 Old May 12th, 2009, 9:18 am
Senior Member
 
tonygret's Avatar
 
Join Date: May 2008
Location: Thousand Oaks, California, USA
Posts: 407
Re: Do Farkles add any REAL value.

After owning many bikes and adding many farkles, it is my experience you can sometimes recoupe about 30% of your costs and other times nothing. When I bought my LT a year ago, I paid about 1500.00 more for it than it was valued, but the guy installed thousands in farkles, some of which i am still discovering. Below is a "partial" list of farkles, only the seat, RS mirrors and pegs were added by me. The rest came with the bike. I may have made out great here, but i took it in the shorts when i sold my 20006 Harley Ultra. I recouped ZERO farkle value on that deal.

You can decide for yourself what the value was to the previous owner and me.

* Garmin GPS 2820 W/ Phone Bluetooth
* Valintine One Radar / Aux Audio
* BMW custom bar mounts for above devices
* Autocom AVi Pro
* Grip Puppies
* Suburban Lowering Pegs
* RS Mirrors
* Muth Signal Mirrors
* Beadrider
* Rocky Meyer Custom Seat
* High Mount Rear LED Brake Light
* Rear Luggage Rack
* Low mount Rear LED Brake Light
* Under Wing Light kit
* Ipod Connector (Generic)
* Headlight Flasher W/ Daylight Sensor
* HID Headlights
* Dual headlight Protectors (Covers)
* BMW Bike Cover
* BMW Battery Charger
* Mad Maps kit
tonygret is offline  
post #10 of 20 Old May 12th, 2009, 10:38 am
Senior Member
 
tbarstow's Avatar
 
Join Date: Dec 2004
Location: Trabuco Canyon, CA, USA
Posts: 624
Re: Do Farkles add any REAL value.

To someone on a specialized site like this, yes a farkled LT is possibly worth more than an unfarkled one, IF the buyer is willing to pay more. The flip side is that its a used bike with used parts on it, who knows what kind of mess you'll find under the tupperware from the installation of the farkles?

To trade at the dealer, farkels are worthless, as evidenced by my SO trading in her 1150RT. She's an impulse buyer, so by the time I got there after work, the ink was dry on the deal. She did not have a clue that if I could have had the 1150RT over the weekend, I could have pulled the 2 month old Ohlins, Mayer seats, replaced the dinged up valve cover (and kept the dinged one for my GSA), and have sold these items for 2x more than the dealer gave her for the trade in. I made sure she knew about this AFTER the impulse buy and continually bring it up when she wants upgrades for the 1200RT.

Tim Barstow

2004 GSA Silver
2007 X Challenge
tbarstow is offline  
post #11 of 20 Old May 12th, 2009, 7:50 pm Thread Starter
Member
 
Join Date: Dec 2002
Location: Weaverville , NC, USA
Posts: 84
Re: Do Farkles add any REAL value.

Quote:
Originally Posted by JPSpen
When selling any bike. I always remove the farlkes. If the new owner wants to buy any of them he gets first chance. Otherwise they're sold separately.

Sold My LT. Got about two grand extra for the farkels sold separately..
Never would have gotten that if I had left them on the bike.

Good Luck

John
Great idea. But the bottom line on this process is that farkles in fact add no value to the resale of a bike.

Howard Dusenbery 2000 K1200LTC
HDusenbery is offline  
post #12 of 20 Old May 13th, 2009, 8:33 am
Senior Member
 
messenger13_ver2's Avatar
 
Join Date: Mar 2009
Location: Cleveland, OH, USA
Posts: 1,566
Re: Do Farkles add any REAL value.

And what about the buyer who is turned OFF by "aftermarket crap"? The farkles actually DEvalue the bike.

I say, remove all the farkles you can when selling a bike. Use whatever farkles you can on your next bike, and sell the rest on forums and/or eBay for gas money and lodging.
messenger13_ver2 is offline  
post #13 of 20 Old May 13th, 2009, 9:19 am
Lifetime Supporter
 
BennyBob's Avatar
 
Join Date: Apr 2005
Location: Round Rock, TX, USA
Posts: 2,017
Re: Do Farkles add any REAL value.

Quote:
Originally Posted by HDusenbery
Great idea. But the bottom line on this process is that farkles in fact add no value to the resale of a bike.
I wouldn't say NO value. Certainly it depends on the buyer. In most cases, functional farkles such as seat, windscreen, will help sway the buyer. Fru fru farkles do nothing or in many cases detract from the buyer's view. When I sold my Connie the Corbin seat, Rifle windscreen, Throttle Meister, and Spiegler Brake lines helped but only added about $200.00 to the value (approx. 20% of the cost of the Farkles).

Let's face it, we buy farkles for us! If you're farkling for resale, you're wasting time & money. Farklization is comfort and therapy, NOT adding value.

Benny C. (Central Texas)
2001 LTC Pacific Blue (Babe...the blue ox)
1986 Kawasaki Concours (Connie) sold
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
BennyBob is offline  
post #14 of 20 Old May 13th, 2009, 11:49 am
Senior Member
 
blueknightga6's Avatar
 
Join Date: Oct 2008
Location: Acworth, GA, USA
Posts: 1,176
Re: Do Farkles add any REAL value.

Quote:
Originally Posted by messenger13_ver2
And what about the buyer who is turned OFF by "aftermarket crap"? The farkles actually DEvalue the bike.

I say, remove all the farkles you can when selling a bike. Use whatever farkles you can on your next bike, and sell the rest on forums and/or eBay for gas money and lodging.
Exactly! I went to look at a Gold Wing at a dealer. It had a purple velour seat, little plexiglass, atriculated wings up and down the fairing and windshield and an eagle etched in the windshield. It also had the leather tassles on the handgrips and fringe on the passenger floorboards. My wife actually laughed at it. When the dealer added pictures to their website they said it was "customized" and put low quality pictures with it.

Chris Ehlbeck
2002 BMW K1200LTE Toscana Green Retired with 85,391 miles
2014 BMW R1200RT Quartz Blue Metallic

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Last edited by blueknightga6; May 13th, 2009 at 1:28 pm. Reason: Clarified the purple seat.
blueknightga6 is offline  
post #15 of 20 Old May 13th, 2009, 12:20 pm Thread Starter
Member
 
Join Date: Dec 2002
Location: Weaverville , NC, USA
Posts: 84
Re: Do Farkles add any REAL value.

Quote:
Originally Posted by BennyBob
Farklization is comfort and therapy, NOT adding value.
Farklization I love it. Great word. Comfort and Therapy Spot on.

Howard Dusenbery 2000 K1200LTC
HDusenbery is offline  
post #16 of 20 Old May 13th, 2009, 3:27 pm
Senior Member
 
tonygret's Avatar
 
Join Date: May 2008
Location: Thousand Oaks, California, USA
Posts: 407
Re: Do Farkles add any REAL value.

I work at a car dealership. I once appraised a 4 door, mauve colored Lexus ES300. The car is a generic as they get, but the owner put in $8000.00 worth of top end sound equipment. The speakers and amplifiers filled the trunk making it unusable. The color of the car which internally we call "eggplant" was favored by the elderly blue haired females. This was the worst combination of car and accessory I could have imagined.

I determined the fair market trade value of the car and subtracted $2000.00 for having the sound system. The guy flipped out. I explained I would have to remove all that stuff and replace the "customized" (hacked up) trim just to put it up for resale. Needless to say we didn't make a deal.

The beauty of farkles is strictly in the eye of the beholder!
tonygret is offline  
post #17 of 20 Old May 13th, 2009, 5:54 pm
Senior Member
 
wcarter's Avatar
 
Join Date: Apr 2002
Location: Mauldin, SC, USA
Posts: 589
Re: Do Farkles add any REAL value.

It has always amazed me that riders would add "stuff" to their bikes and talk about how much they had "invested". Especially when they have added a bunch of junk. We all know that LT riders never add trash, only functional accessories. Right.

I have noticed that many riders remove farkles and offer them for sale separately from the bike. I'm sure it's more trouble buy you probably come out much better.

On the other hand, you can't remove everything. I heard a salesman say about a used LT that it was in great shape except the prior owner had cut holes in the dash. I looked at the bike and immediately recognized the place where a BMR shelf had been installed and removed. What would the rider recoup from reselling the shelf-I'm sure was less than the hit he took for the bike with holes in it.
wcarter is offline  
post #18 of 20 Old May 14th, 2009, 7:33 am
Lifetime Supporter
 
jers99lt's Avatar
 
Join Date: Jan 2007
Location: Warrenville, IL, USA
Posts: 1,400
Re: Do Farkles add any REAL value.

Quote:
Originally Posted by wcarter
On the other hand, you can't remove everything. I heard a salesman say about a used LT that it was in great shape except the prior owner had cut holes in the dash. I looked at the bike and immediately recognized the place where a BMR shelf had been installed and removed. What would the rider recoup from reselling the shelf-I'm sure was less than the hit he took for the bike with holes in it.
Before I installed my BMR shelf I thought about this point that wcarter makes... for about 3 seconds. I don't plan on selling my LT or even paying more for a newer LT. My LT has and does what I want and will for as long as I can continue to ride. I feel very at ease doing my own mods because of the understanding I have about what I want/need.
For someone not it that position, I would be real carefull about alterations that can't be unaltered.
+2 on Farklization is comfort and therapy, NOT adding value.
+1 on not being an investment.

Just my $0.02,
Jer

Jerry Palma
99 K1200LTI Champagne 'Oh, Kay' (dropped: 5)
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
97 K1100LT Aspen Silver Night High Line 'Silver Knight'
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
85 R80RT 'Lady in Red'
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
08 535xi Space Gray metallic
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
09 328i Silver Convertable
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
17 X3 Glacier Silver metallic
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


BMWMOA #157323 / ABC #11368 -- All-in-all a newbie!

I love these bikes regardless of what I've needed to fix on them. I'll: Just Ride 'em!
jers99lt is offline  
post #19 of 20 Old May 14th, 2009, 7:47 am
Senior Member
 
dbqfan's Avatar
 
Join Date: Jan 2007
Location: Dubuque, Iowa, USA
Posts: 209
Re: Do Farkles add any REAL value.

My neighbor down the street is trying to sell his Leadwing. He has just about everything a person could add in the way of farkles. Lights under the fenders, ring of fire on the wheels, plastic wind vents going up and down each side, huge windscreen, pin stripping all over, rear mud flap, chrome add on's everywhere and much more. It looks like a circus wagon and I would absolutely be embarrassed to be seen riding it. He wants an extra $6,000 for all the crap he added to it. He wants to get a new Leadwing with an air bag, satellite radio and TMP. I told him my RT has TMP and he commented that BMW must be copying Honda now.

08 R1200RT Sand Beige Metallic
07 Moto Guzzi Norge (gone)
dbqfan is offline  
post #20 of 20 Old May 14th, 2009, 4:03 pm
Senior Member
 
wcarter's Avatar
 
Join Date: Apr 2002
Location: Mauldin, SC, USA
Posts: 589
Re: Do Farkles add any REAL value.

Quote:
Originally Posted by jers99lt
Before I installed my BMR shelf I thought about this point that wcarter makes... for about 3 seconds.
Well, for the record, I have a BMR shelf on my bike, too. I put it on because of its function and I think it is well worth what I spent on it.

My point is, if I were ever to sell my bike, I would leave the shelf on the bike rather than tear it off and leave holes. I have no plans to sell my bike at present, it functions pretty well for me at a reasonable cost of ownership considering the limited time I have to ride.
wcarter is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the BMW Luxury Touring Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
What's a REAL motorcycle? bowlesj Bike Talk 12 Aug 11th, 2008 4:27 pm
Real Performance Smith K1200LT 4 May 9th, 2008 4:39 pm
Delia vs Real Women Woolly Humor 3 Mar 1st, 2008 6:27 am
Farkles, lots of Farkles but........ Jentine RT Series 1 Mar 8th, 2007 4:39 am

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome