what's a good price on an '09 LT? - BMW Luxury Touring Community
 
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post #1 of 16 Old Jan 25th, 2009, 3:10 pm Thread Starter
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what's a good price on an '09 LT?

Ok gang, after a 4 month stint on a Victory Vision, I've sold it and am ready to go back into the BMW fold (I had an '03 LT that I put 50k miles on and sold a year ago thinking there might be an new LT coming out soon....guess we know that's not happening)

While I'm going back and forth between the RT and LT, I have a local dealer who tells me they are selling their one '09 LT for $1000 UNDER cost. I don't have anyway to prove it, and he's quoted me a price of $19k (it has the nav system, but otherwise the standard '09 version) which sounds to be a sharp price, but wanted to see what other's here have seen or have paid for their '09's.

He also confirmed there were about 20 units left in the NJ warehouse. They don't plan on getting another LT in for a while (if at all) as they just aren't moving as fast as the other bikes on their floor, and the one they have has sat for a while....

Scott
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post #2 of 16 Old Jan 25th, 2009, 3:32 pm
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Re: what's a good price on an '09 LT?

19K for a new '09 sounds like a great price if that's the OTD price. Retail they're around 24K and change plus tax and lic, etc. Obviously you'll have to chose between the color of black or black. Good luck on your purchase.
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post #3 of 16 Old Jan 25th, 2009, 3:42 pm
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Thumbs up Re: what's a good price on an '09 LT?

19K for an 09 isn't bad at all, especially with the expensive BMW GPS.
The last time I saw LTs at the dealer the list was around 21-22K with GPS and Xenon low beam. These were 08 models, in blue.
I think you are doing good with 19K.

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post #4 of 16 Old Jan 25th, 2009, 3:44 pm Thread Starter
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Re: what's a good price on an '09 LT?

I thought it might be a good based on MSRP. Don't know what the actual dealer cost is in order to validate. The out the door price, with all the tax and fees: $21,354.

The seasonality is a bit different down here in AZ vs MN where I'm from - there aren't many bikes sold in January in MN, and the deals tend to be really good until spring arrives and demand goes up. (although this year, with the economy in bind and people sitting on their wallets, it might be a slow year)
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post #5 of 16 Old Jan 25th, 2009, 3:46 pm
 
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Re: what's a good price on an '09 LT?

After paying USD 28000 for Trinity, I'd say you have a good deal..
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post #6 of 16 Old Jan 25th, 2009, 4:35 pm
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Wink Re: what's a good price on an '09 LT?

My dealer would only go down $2,000, yesterday, and said they could not go any lower because there wasn't anything left for them. I was already negotiating with a private seller on an '08 with 8,000 miles plus extras at $16,500 so I did not go new.
I might have gone at $19,000 and ridden home.

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post #7 of 16 Old Jan 25th, 2009, 5:20 pm
 
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Re: what's a good price on an '09 LT?

I recommend you also consider buying a a 2009 preowned LT. I bought a three month old '09 with 2900 miles for $18,200 in excellent condition recently.
I'll ride it until the next LT comes out in 2011.
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post #8 of 16 Old Jan 27th, 2009, 11:04 pm
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Re: what's a good price on an '09 LT?

...what's up with Victory Vision? I haven't seen anyone riding it. Give me some feedback on the bike please.

Thanks!

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post #9 of 16 Old Jan 28th, 2009, 12:42 am Thread Starter
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Re: what's a good price on an '09 LT?

Quote:
Originally Posted by Road_King
...what's up with Victory Vision? I haven't seen anyone riding it. Give me some feedback on the bike please.

Thanks!

~George
Hey George,
Just one guys' opinion, the VV has some great styling. I love the look, and the fact you can easily remove the trunk and the bagger look is great for when you want to ride solo. But for me, that's where the love affair with the bike ends. Like you, I had an '03 LT and sold it a year ago when I moved from MN to AZ - one less thing to move and I was hoping there would be a new LT coming out... Well, since it didn't look like that was going to happen for a while, I thought the VV would be a good alternative for a couple years. Something that was easy to cruise around with - the seat hight is very low, gobs of low end torque, a lazy-boy ergonomics - but yet could take out on the road for some long hauls/tours too.

In a straight line, on the highway, in 6th gear it lopes along nicely and with not much vibration or exhaust noise (I had the stock pipes which are pretty muffled) It wasn't that great in the twisties though. It has a long wheelbase, and with the seating position, it takes a more leisurely approach. The breaks were only ok. Nothing like the LT. There was no reverse on the '08's (only certain models of the '09 have it, and for some reason it can't be retrofit on the '08). Then you have the engine heat. While I didn't ride it in the middle of an Arizona summer, I could only imagine how hot it might feel on a guys' private parts.... Now it looks like you have a Harley, so this is something you might be used to.

Then relative to the fit and finish - the paint was nicely done (I had the dark cherry red color) but overall didn't compare to the LT. While the VV competes more with Harley, and I comparing it to the LT or Goldwing is truly apples to oranges, it just wasn't the bike for me. Maybe if a guy could have a bunch of bikes, I might have one without the trunk and louder pipes just for cruisin around town, but I can only swing one bike at a time, so while no one bike does everything, the LT seems to be more in line for the kind of riding I do the most.

Being from MN, there was a sense of pride to buy from a home state company, and I give them kudos for stretching the idea of motorcycle design (the LT could use an update as next to the VV it looks dated - in my humble opinion) and I can tell you that the bike turned a LOT of heads - people would come and ask me all sorts of questions, or give me the thumbs up at stop lights. It just didn't fit my needs as well as I hoped, so rather than hanging on to it until (if) the new LT comes out, I thought I'd cut my losses and sell.

Scott

In the garage:
'12 K1600 GTL (took delivery 5/25)
'12 Ducati Monster EVO 1100
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'06 Yamaha FJR1300
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'02 Gold Wing 1800
'98 Yamaha Roadstar
'96 GoldWing 1500
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post #10 of 16 Old Jan 28th, 2009, 3:15 pm
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Re: what's a good price on an '09 LT?

Quote:
Originally Posted by MrBreeze
Hey George,
Just one guys' opinion, the VV has some great styling. I love the look, and the fact you can easily remove the trunk and the bagger look is great for when you want to ride solo. But for me, that's where the love affair with the bike ends. Like you, I had an '03 LT and sold it a year ago when I moved from MN to AZ - one less thing to move and I was hoping there would be a new LT coming out... Well, since it didn't look like that was going to happen for a while, I thought the VV would be a good alternative for a couple years. Something that was easy to cruise around with - the seat hight is very low, gobs of low end torque, a lazy-boy ergonomics - but yet could take out on the road for some long hauls/tours too.

In a straight line, on the highway, in 6th gear it lopes along nicely and with not much vibration or exhaust noise (I had the stock pipes which are pretty muffled) It wasn't that great in the twisties though. It has a long wheelbase, and with the seating position, it takes a more leisurely approach. The breaks were only ok. Nothing like the LT. There was no reverse on the '08's (only certain models of the '09 have it, and for some reason it can't be retrofit on the '08). Then you have the engine heat. While I didn't ride it in the middle of an Arizona summer, I could only imagine how hot it might feel on a guys' private parts.... Now it looks like you have a Harley, so this is something you might be used to.

Then relative to the fit and finish - the paint was nicely done (I had the dark cherry red color) but overall didn't compare to the LT. While the VV competes more with Harley, and I comparing it to the LT or Goldwing is truly apples to oranges, it just wasn't the bike for me. Maybe if a guy could have a bunch of bikes, I might have one without the trunk and louder pipes just for cruisin around town, but I can only swing one bike at a time, so while no one bike does everything, the LT seems to be more in line for the kind of riding I do the most.

Being from MN, there was a sense of pride to buy from a home state company, and I give them kudos for stretching the idea of motorcycle design (the LT could use an update as next to the VV it looks dated - in my humble opinion) and I can tell you that the bike turned a LOT of heads - people would come and ask me all sorts of questions, or give me the thumbs up at stop lights. It just didn't fit my needs as well as I hoped, so rather than hanging on to it until (if) the new LT comes out, I thought I'd cut my losses and sell.

Scott,
you bring up some great points. I too have looked at the VV but my reservations are confirmed by your experiance with yours.(It's HOT here in Florida) Yes it looks pretty cool and I'm actually a Victory fan more than Harley but even saying that I do not think for me that anything can be any better than my LT for the riding I do. I have considered the R1200RT and the K1200GT but still plain and simple enjoy my LT to much to part with it! If I could have a few bikes I think maybe a VV or even a Kingpin for sporting around close and a Boss Hoss for CRAZY money fun and Vespa for completely nerdy days feeling like thumbing my nose at the normal people!

BTW: saw a new 09 LT here in Daytona for $28,000. I'm liking my paid for older LT even more now!!

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post #11 of 16 Old Jan 28th, 2009, 5:10 pm
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Re: what's a good price on an '09 LT?

Quote:
Originally Posted by MrBreeze
Ok gang, after a 4 month stint on a Victory Vision, I've sold it and am ready to go back into the BMW fold (I had an '03 LT that I put 50k miles on and sold a year ago thinking there might be an new LT coming out soon....guess we know that's not happening)

While I'm going back and forth between the RT and LT, I have a local dealer who tells me they are selling their one '09 LT for $1000 UNDER cost. I don't have anyway to prove it, and he's quoted me a price of $19k (it has the nav system, but otherwise the standard '09 version) which sounds to be a sharp price, but wanted to see what other's here have seen or have paid for their '09's.

He also confirmed there were about 20 units left in the NJ warehouse. They don't plan on getting another LT in for a while (if at all) as they just aren't moving as fast as the other bikes on their floor, and the one they have has sat for a while....

Scott
Scott,

For what this is worth, when I bought my 09 LT the list was 24,500. The dealer gave me a price of 21,00. I'm lucky we have two BMW dealers within 75 Miles of each other, so the battle started. Now I had a trade but my out the door price was 17,400.00. I think I got a good deal but only the dealer and his accountant will know what the price was. I was going to get the factory GPS but at the 1300.00 price tag quoted from the dealer I had to Pop another Nitro pill. Good luck in your quest.
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post #12 of 16 Old Jan 29th, 2009, 1:11 am Thread Starter
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Smile Re: what's a good price on an '09 LT?

Quote:
Originally Posted by Nediesel
Scott,

For what this is worth, when I bought my 09 LT the list was 24,500. The dealer gave me a price of 21,00. I'm lucky we have two BMW dealers within 75 Miles of each other, so the battle started. Now I had a trade but my out the door price was 17,400.00. I think I got a good deal but only the dealer and his accountant will know what the price was. I was going to get the factory GPS but at the 1300.00 price tag quoted from the dealer I had to Pop another Nitro pill. Good luck in your quest.
Thanks for the info - sounds like you got a killer deal. I suspect the trade helped them work out the pricing - good for you. The dealer I'm working with isn't going to budge beyond the $19k price (the bike has the Nav system) but I'm working with him as far as throwing in the first service and big help on accessories. From what I'm reading here, it seems to be a good price (although not as sharp as yours...)

I'm close....

Scott

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'12 K1600 GTL (took delivery 5/25)
'12 Ducati Monster EVO 1100
'08 Big Dog Pitbull
'79 Honda CX 500 Deluxe (restored)

Past:
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'09 BMW K1200 LT
'08 Victory Vision
'06 Yamaha FJR1300
'03 BMW K1200 LT
'02 Gold Wing 1800
'98 Yamaha Roadstar
'96 GoldWing 1500
'79 Honda CX500
'77 GoldWing 1000


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post #13 of 16 Old Jan 29th, 2009, 11:42 am
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what's a good price on an '09 LT?

Quote:
Originally Posted by MrBreeze
....I have a local dealer who tells me they are selling their one '09 LT for $1000 UNDER cost.....
Amazing! A grand LESS than they paid for it? Well I'm glad they sell a lot of them or they would be out of business in no time!

"Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." (Some really OLD friggin' White dude who couldn't have possibly known what he was talking about!) WARNING: Official HATE speech!
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post #14 of 16 Old Jan 29th, 2009, 1:09 pm
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Re: what's a good price on an '09 LT?

Paid $18,685 for an '09 with 650 miles, on E-bay. The LT was in excellent condition, came with the Motorrad Garmin GPS and had the 600 mile service done. I'm pleased with the purchase. Good luck with your choice.

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post #15 of 16 Old Jan 30th, 2009, 6:44 pm Thread Starter
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Re: what's a good price on an '09 LT?

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Originally Posted by jayjacobson
Amazing! A grand LESS than they paid for it? Well I'm glad they sell a lot of them or they would be out of business in no time!
...so they claim. I have no way to validate what they paid for it, but based on what I've seen online and from the guys here, it sounds like a good price. I put $1,000 down to hold it for me.

I asked them the same question - how can they stay in business selling things for under cost? They claim the bike has been sitting there a while, and they have a cost to carry the inventory, once they sell it, they won't be ordering another LT for the show floor.

Scott

In the garage:
'12 K1600 GTL (took delivery 5/25)
'12 Ducati Monster EVO 1100
'08 Big Dog Pitbull
'79 Honda CX 500 Deluxe (restored)

Past:
'09 BMW R1200R
'09 BMW K1200 LT
'08 Victory Vision
'06 Yamaha FJR1300
'03 BMW K1200 LT
'02 Gold Wing 1800
'98 Yamaha Roadstar
'96 GoldWing 1500
'79 Honda CX500
'77 GoldWing 1000


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post #16 of 16 Old Jan 30th, 2009, 7:05 pm
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what's a good price on an '09 LT?

Quote:
Originally Posted by MrBreeze
...so they claim. I have no way to validate what they paid for it, but based on what I've seen online and from the guys here, it sounds like a good price. I put $1,000 down to hold it for me....
For autos I've always used the Consumer's Reports pricing service. Very accurate. But I have never used it on M/C's. I'm thinking they don't offer the service. But yeah, based on what I paid for my 06 LT, it seems reasonable.

"Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." (Some really OLD friggin' White dude who couldn't have possibly known what he was talking about!) WARNING: Official HATE speech!
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