2009 1200lt - BMW Luxury Touring Community
 
LinkBack Thread Tools Display Modes
post #1 of 13 Old May 13th, 2010, 2:04 pm Thread Starter
Junior Member
 
Join Date: May 2010
Location: kelowna, bc, canada
Posts: 2
2009 1200lt

Hi

I am new to BMW motorcycles but drive BMW cars. I anticipate buying the new model 1600 LT with the concept 6 next year when it arrives. In the meantime I am wondering if I buy a 2009 K1200 LT now for Just under the 19K mark will it hold reasonable value. Having no experience in reselling BMW bikes I thought I might inquire with you folks. Thanks for any assistance.

Regards BJ
bjgolf54 is offline  
Sponsored Links
Advertisement
 
post #2 of 13 Old May 13th, 2010, 2:14 pm
Senior Member
 
Kra961's Avatar
 
Join Date: Jun 2009
Location: University Place, WA, USA
Posts: 656
Re: 2009 1200lt

Expect to take a bath


its far worse trying to sell on the street sadly these bikes have or hold no value


2009 BMW K1200LT ABS Value


KBB lists the bike at 12,700 for trade in on an 09

The supreme irony of life is that hardly anyone gets out of it alive.

09 K1200 LT
Project LT:
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 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 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 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 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 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.


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


University Place, WA
Riding since 1969
Kra961 is offline  
post #3 of 13 Old May 13th, 2010, 2:55 pm
KJN
Member
 
KJN's Avatar
 
Join Date: Jul 2008
Location: Phoenix, AZ, USA
Posts: 89
Re: 2009 1200lt

Just a thought...

There are a few differences over the years between 1999 and 2009. I bought a well cared for 2000 model with 30K two years ago for $7500. These bikes are fairly numerous in the Phoenix area. I see several listings on craigslist for the same vintage (+/-) $6000-$8000 for pre 2005 bikes.

You might consider going back a few years. Ride it for a while. Trade in or sell. Not a lot of risk.

Personally, Iíll keep mine till the wheels fall off or I canít ride anymore.

Good luck!

Kimble
Phoenix, AZ
KJN is offline  
 
post #4 of 13 Old May 13th, 2010, 4:00 pm
Senior Member
 
highroamer's Avatar
 
Join Date: Jul 2007
Location: Blessington, Co. Wicklow, Ireland
Posts: 429
Re: 2009 1200lt

Definitely go for something older if it's not to be a keeper. 2004 on gets you the powered centerstand.
highroamer is offline  
post #5 of 13 Old May 13th, 2010, 4:10 pm Thread Starter
Junior Member
 
Join Date: May 2010
Location: kelowna, bc, canada
Posts: 2
Re: 2009 1200lt

Thanks for the input guys. I will proceed with caution. All the Best.

BJ
bjgolf54 is offline  
post #6 of 13 Old May 13th, 2010, 4:41 pm
Member
 
Chilly's Avatar
 
Join Date: Apr 2010
Location: Fort Collins, CO, USA
Posts: 40
Re: 2009 1200lt

Speaking of powered center stand - can a pre-2004 LT be retrofitted to take a powered center stand? - Just a thought? On your potential used purchase - search high-search low as there are a bunch out there at all kinds of price points (some folks just don't understand you can't put a price on luv!) and one issue I kinda learned the hard way Maintenance Records has the requisite services tasks been completed (my service guy just smiles every-time I ask about a service that will require removal of all that pretty plastic!)

Enjoy - ride safe!

Bill

Bill
Colorado Native -


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Rocky Mtn High "it's much more than a John Denver song!"
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


2012 R1200RT - The gray shark - oh what a ride!
1995 Honda "Pacific Coast" Honda's woefully underpowered answer to the LT
2002 K1200LTC Royal Blue (SOLD to Grant (Colo Sprgs) as he could fix the ABS)
1987 G1200A (SOLD)
1984 GL1200A (my first "big" bike)
1983 GL650i (I wish I still had this all org collector)
Chilly is offline  
post #7 of 13 Old May 13th, 2010, 9:56 pm
Senior Member
 
tonygret's Avatar
 
Join Date: May 2008
Location: Thousand Oaks, California, USA
Posts: 407
Re: 2009 1200lt

Quote:
Originally Posted by bjgolf54
Hi

I am new to BMW motorcycles but drive BMW cars. I anticipate buying the new model 1600 LT with the concept 6 next year when it arrives. In the meantime I am wondering if I buy a 2009 K1200 LT now for Just under the 19K mark will it hold reasonable value. Having no experience in reselling BMW bikes I thought I might inquire with you folks. Thanks for any assistance.

Regards BJ
If there is a vehcile out there with a worse resale value I haven't seen it. And I works for a car dealer group. This is a bike you buy to keep and a used one is the only way to go. I got my 2005 with 7K on it 2 years ago with thousands in upgrades and I paid 15K. I would be lucky if I could get half that now. Still love the bike though!
tonygret is offline  
post #8 of 13 Old May 15th, 2010, 10:14 pm
Senior Member
 
wa1200lt's Avatar
 
Join Date: Apr 2009
Location: Vancouver, WA, USA
Posts: 2,745
Re: 2009 1200lt

Based on the statement below I am willing to purchase EVERY 2009 LT for the estimated street value.

Just pm me and I'll write you a check ($0.00) and pick it up!

The fact is that they take a large depreciation hit early and it doesn't get a whole lot better after that initial bump. Sooo, buy a used unit, ride it until the wheels just can't be bolted back on again, and save the difference between the cost of a new one and your depreciated old hag and use the money to fund any needed repairs. There are a lot of them out there with just a few thousand miles that have lot of already depreciated life left in them.

Loren


Quote:
Originally Posted by Kra961
Expect to take a bath


its far worse trying to sell on the street sadly these bikes have or hold no value


2009 BMW K1200LT ABS Value


KBB lists the bike at 12,700 for trade in on an 09

WAK1200LT
Loren

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

Cave quid dicis, quando, et cui
wa1200lt is offline  
post #9 of 13 Old May 15th, 2010, 11:43 pm
Senior Member
 
wjhanna's Avatar
 
Join Date: Aug 2002
Location: Syracuse, NY, USA
Posts: 280
Re: 2009 1200lt

Quote:
Originally Posted by highroamer
Definitely go for something older if it's not to be a keeper. 2004 on gets you the powered centerstand.
FWIW the hydraulic center stand was introduced on the 2005 LT, the 2004 still had the manual center stand.

Bill Hanna
Syracuse, NY
'01 K1200LT (mauve) traded
'04 K1200LT (Black Mariah) traded
'05 (Graphite)
Oh alright. . .I'll ride next to the Harley this time!
wjhanna is offline  
post #10 of 13 Old May 16th, 2010, 4:07 pm
Senior Member
 
Join Date: Sep 2006
Location: MARCO ISLAND, FL, W. NC USA
Posts: 1,178
Re: 2009 1200lt

I seriously doubt that the new K1600LT will be out in a year.
Even so, I would not purchase a first year bike with such a radical design change (or second year).
So if you want a LT because you want it then get the new one, or gently used. Some have as little as 1000 miles cause folks turn them in because they are to big for them.
BTW if you trade in the 2009 LT for the new 1600LT you will may likely get a decent trade, all depends on the economy & supply/demand.
Just my opinion........

2013 BMW Damask Red K1600GTL
2014 BMW K1600GTL-E EXCLUSIVE
2001 Honda C-250 Helix
SOLD 2006 BMW K-1200LT "The Manatee"

Smokin'


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
SmokinJoe is offline  
post #11 of 13 Old May 16th, 2010, 6:41 pm
Senior Member
 
casualemt's Avatar
 
Join Date: Jun 2009
Location: Oak Harbor, WA, USA
Posts: 676
Re: 2009 1200lt

Quote:
Originally Posted by tonygret
If there is a vehcile out there with a worse resale value I haven't seen it. And I works for a car dealer group. This is a bike you buy to keep and a used one is the only way to go. I got my 2005 with 7K on it 2 years ago with thousands in upgrades and I paid 15K. I would be lucky if I could get half that now. Still love the bike though!
I can appreciate what you are saying that about what you can get for an LT, however my friend is looking for an 05 or newer, and when you do a search on craiglook.com, you will see that they are generally going for around 11k and up. A lot more than half of 15K...As far as the LT itself, the resale amount does not even begin to resemble the value of the bike...I mean that I had a 2002 GL1800, and the BMW is easily as good, and in some areas much better. Yup, it to me is the best bargain out there for a full deluxe touring motorcycle. to the OP, if you can afford to buy the new model, you can easily afford to get a low mile used 99-2004 and just ride the piss out of it. You won't regret it!

RICH CANNON
2000 K1200LT "a great ride"
2002 GL1800 powerful, but boring..(gone)
1979 XS1100 (gone)
1986 VT500 Ascot (gone)
1972 Honda 500-4 (gone)
1961 Lambretta (way gone)
1962 Allstate Compact (gone but not forgotten)
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
casualemt is offline  
post #12 of 13 Old May 16th, 2010, 7:47 pm
Senior Member
 
rattler50's Avatar
 
Join Date: Nov 2006
Location: Wichita Falls, Tx, USA
Posts: 1,337
Re: 2009 1200lt

Good used is the way to go unless you just have to have a new one..............

2006 R1200RT
2005 K1200LT Ocean Blue
2003 K1200LTE Black
Totaled Oct 2, 2010
2006 Kawasaki Vulcan 2000
Most of us would rather be ruined by praise than saved by criticism.
rattler50 is offline  
post #13 of 13 Old May 18th, 2010, 8:49 pm
Senior Member
 
tonygret's Avatar
 
Join Date: May 2008
Location: Thousand Oaks, California, USA
Posts: 407
Re: 2009 1200lt

Quote:
Originally Posted by casualemt
I can appreciate what you are saying that about what you can get for an LT, however my friend is looking for an 05 or newer, and when you do a search on craiglook.com, you will see that they are generally going for around 11k and up. A lot more than half of 15K...As far as the LT itself, the resale amount does not even begin to resemble the value of the bike...I mean that I had a 2002 GL1800, and the BMW is easily as good, and in some areas much better. Yup, it to me is the best bargain out there for a full deluxe touring motorcycle. to the OP, if you can afford to buy the new model, you can easily afford to get a low mile used 99-2004 and just ride the piss out of it. You won't regret it!
Today's Kelley Blue book value for a 2005 LT
Retail $12,640.00
Trade in - $9,200.00

OK, I over stated it a bit. So somewhere in the middle of retail and trade in is probably correct. But for a bike (unchanged since 2005) that retails for 22.5K plus tax and license, that's still a big hit. And the luxury item market is not what it used to be.

I also agree the resale value makes no sense when you consider what this bike offers. The trade in value on a 2009 is $14,300.00. Thats a 10K hit in one day if you paid retail and include the fees. Add to this the expense of service if you let the dealer do it, and you have one money eating machine. But like I said in my previous post, I love the bike. I did 380 miles last saturday and I left the new Harley in the garrage. The LT was the only choice for that kind of riding.
tonygret 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
2009 1200LT Coolant ??? shuster K1200LT 2 Feb 24th, 2009 8:45 pm
2009 Dates For STC and Fall Reunion jzeiler Rides, Rallies and Get-togethers 12 Dec 20th, 2008 3:51 pm
Will there be changes in 2009 for the 1200LT? IdleUp Bike Talk 11 Mar 16th, 2008 10:15 pm

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 Off
Trackbacks are On
Pingbacks are On
Refbacks are On

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