BMW Luxury Touring Community banner

1 - 20 of 20 Posts

·
Premium Member
Joined
·
97 Posts
Discussion Starter #1
After nearly three years of enjoyment, and spending countless hours replacing parts, changing fluids, and bringing the bike up-to-date on maintenance, as much as I regret to say, I will need to sell it. 1999 K1200LT with 32K miles on it. Please send me a private message if you are interested or know someone that is before I place it online. I have documented the entire maintenance process here, and the bike rides like never before. Not even sure if I can post this here. Was not able to find a Classifieds section.
 

·
Registered
Joined
·
185 Posts
Go to FORUMS > COMMUNITY > CLASSIFIEDS . Good luck ALL4BMW, my '99 has been for sale since last November, no bites yet. These are awesome riding, high maintenance, low resale value bikes. The Beemer bike shops low balled me at $2k on trade !!
 

·
Registered
Joined
·
2,729 Posts
I always hate to see folks moving on. A small reality slap though the bikes (mentioned here) are older and not in high demand. So don't expect a lot of money. I'd be happy with anything over 3K retail price.
 
  • Like
Reactions: ALL4BMW

·
Premium Member
Joined
·
341 Posts
After nearly three years of enjoyment, and spending countless hours replacing parts, changing fluids, and bringing the bike up-to-date on maintenance, as much as I regret to say, I will need to sell it. 1999 K1200LT with 32K miles on it. Please send me a private message if you are interested or know someone that is before I place it online. I have documented the entire maintenance process here, and the bike rides like never before. Not even sure if I can post this here. Was not able to find a Classifieds section.
Go to "Tools" at top of page. Classifieds are there.
 
  • Like
Reactions: ALL4BMW

·
Premium Member
Joined
·
7,614 Posts
Go to FORUMS > COMMUNITY > CLASSIFIEDS . Good luck ALL4BMW, my '99 has been for sale since last November, no bites yet. These are awesome riding, high maintenance, low resale value bikes. The Beemer bike shops low balled me at $2k on trade !!
I am not sure that is a low ball offer. I would not pay $2,000 for a 19 year old LT. One reason I keep riding my 07 is that it's worth next to nothing to trade in or sell. :frown:
 

·
Registered
Joined
·
185 Posts
Voyager, thanks for your input --- I guess that as of today, I would not pay what I'm asking either, lol ! I think the dealer low-balled me because he says he has to "go thru" the bike. Even though it's same local shop that maintained it since 2005. So I will hijack this thread to talk about bike values, in the hope of disclosing more info to ALL4BMW (Jerry) -

On our forum, in the classifieds are the following K1200LT's for sale :
1. '02 with 43k miles, farkled out, $4500 asking - SOLD it for $4K last week
2. '01 with 49k miles, fair cond, says $1000, maybe a misprint; posted last month
3. '03 with 28k miles, trailer, asking $10,500 !!! posted in december '17
4. '99 with 40k miles, mine, asking $3750 - will trade for almost anything !
5. '05 asking $6k -- obviously newer bikes bring more, like yours

There are 13 K bikes listed on CycleTrader in the state of Texas from $4 to $6500. Most of these are
at dealers. Low and high mileage. My dad would say about bikes and cars :
"Beauty is n the eye of the beholder"
"A vehicle is only worth what someone pays for it "

I am currently looking at another older Valkyrie, low miles, high price. Because that is what I like, and can currently afford. If I had endless wealth, I would be riding a new K1600 Bagger. To each his own; good luck to ALA4BMW
 

·
Premium Member
Joined
·
7,614 Posts
Yes, they are worth what you can sell them for. After doing a clutch replacement and other repairs, LTs are not worth much to me anymore!
>:)
 
  • Like
Reactions: milwbeemer

·
Registered
Joined
·
101 Posts
I looked for my new to me LT for over 10 months. I looked at Craigslist and Cycle Trader every day and all over the country. I looked at HD, Honda and BMW to maintain a perspective. The one thing that stuck out to me is that the big bikes are not selling well. Add to that a bike that hasn't even been made in several years and the price just keeps dropping. The stories that abound about how much maintenance is required for this bike don't help either. I had a 2016 GTLE with $4000. worth of extras and less than 3000 miles I still couldn't sell it for book. I'm not sure I could even get what I paid for this one and I just picked it up in March. I just try to figure that those dollars are how much fun I had. Doesn't make me feel any better but its something to hang my hat on. Good luck.
 

·
Registered
Joined
·
185 Posts
....." I just try to figure that those dollars are how much fun I had...."

That's a fantastic perspective that I will try and remember. Actually, whenever I want to sell mine, I just go for a nice long ride, and it reminds me why I bought it in the first place. Also, having rented a few bikes on out of state trips, that "money spent for fun" philosophy applies there too ! Watch the idiots and God Bless
 

·
Premium Member
Joined
·
7,614 Posts
I looked for my new to me LT for over 10 months. I looked at Craigslist and Cycle Trader every day and all over the country. I looked at HD, Honda and BMW to maintain a perspective. The one thing that stuck out to me is that the big bikes are not selling well. Add to that a bike that hasn't even been made in several years and the price just keeps dropping. The stories that abound about how much maintenance is required for this bike don't help either. I had a 2016 GTLE with $4000. worth of extras and less than 3000 miles I still couldn't sell it for book. I'm not sure I could even get what I paid for this one and I just picked it up in March. I just try to figure that those dollars are how much fun I had. Doesn't make me feel any better but its something to hang my hat on. Good luck.
In the spring, summer and fall, I just ride and don't think about resale value. In the winter, I look at new bikes and bemoan the resale value, or lack thereof, of mine. :grin:

Thankfully, winter is almost over. It is 86 and sunny today, but accuweather is already issuing frost warnings for next week.
:surprise:
 

·
Registered
Joined
·
575 Posts
I paid $7,000 for my 05 LT last year and I just keep telling myself that I get to ride what was originally a $30,000 bike for a fraction of the price.
I get the feeling it's more of a big bike thing. You don't see a lot of big tourers on the road. Most riders want adventure bikes and racers these days. As a mater of fact the previous owner of my bike switched to an adventure bike. I still think it's one of the most beautiful bikes on the road. I was parked up at a local lookout here in Brisbane a few months ago and a Lamborghini was parked next to me. A guy walked up and instead of looking at the Lamborghini he was looking at my LT and commented on what a beautiful bike I had.
 

·
Premium Member
Joined
·
7,614 Posts
I paid $7,000 for my 05 LT last year and I just keep telling myself that I get to ride what was originally a $30,000 bike for a fraction of the price.
I get the feeling it's more of a big bike thing. You don't see a lot of big tourers on the road. Most riders want adventure bikes and racers these days. As a mater of fact the previous owner of my bike switched to an adventure bike. I still think it's one of the most beautiful bikes on the road. I was parked up at a local lookout here in Brisbane a few months ago and a Lamborghini was parked next to me. A guy walked up and instead of looking at the Lamborghini he was looking at my LT and commented on what a beautiful bike I had.
The LT is a head turner for sure. I really like parking by Harleys or Wings and activating the EHCS. The look on their faces is priceless. :grin:
 

·
Registered
Joined
·
977 Posts
I have an '02 with ~130K on the odo... Practically worthless! Which is why I spent closet o $2K to put in a new clutch, hoses, bearings, brake lines, etc.... :histerica

Spend a little more and I could have picked up newer model year with lower mileage.... but this beast has taken my blood, sweat and tears for the past 15 years - might was well make it my money as well... :crying::grin::brick:
 

·
Premium Member
Joined
·
1,484 Posts
The LT is a head turner for sure. I really like parking by Harleys or Wings and activating the EHCS. The look on their faces is priceless. :grin:
I continues to amaze me that the LT, 20 year old design still looks so fresh and contemporary. That was some amazing design work!
 

·
Premium Member
Joined
·
7,614 Posts
I continues to amaze me that the LT, 20 year old design still looks so fresh and contemporary. That was some amazing design work!
That's for sure. I am still amazed they didn't update the drive train and electronics as the basic design and styling is good for another decade easily.

But given BMW"s meager US market, I understand them focusing on Europe.

I saw stats recently that show that Italy and France each buy more BMWs than the US. And at current growth rates, even Spain will soon exceed the entire USA!

I think these stats are a little misleading though as they were unit sales, not sales dollars. I suspect the USA buys much larger and higher priced bikes and thus likely has higher sales revenue than some of these countries, but even so the USA clearly isn't a prime market for BMW.
 
  • Like
Reactions: powwow and ALL4BMW

·
Registered
Joined
·
180 Posts
I looked for a long time last year before I bought one. I thought at 4200 bucks I stold a 02 with 6600 miles on it and it was extensively maintained. MAYBE NOT.

That said I liked the post that I bought a 21K bike for pennies on the dollar. I will do the same on a 1600 eventually. With all that said I still love the bikes even though I would give it a horrible rating on maintenance ease and dependability. FWIW that would be my rating for all the BMW products.
 

·
Registered
Joined
·
17 Posts
One thing about the LT it sure beats riding a harley on long trips. I got mine last year with 43k, it just turned 50k and on the side line needing a fd rebuild, LOL
 

·
Registered
Joined
·
1 Posts
I bought a 2002 6mnts ago and was going to flip it but then I rode it and fell in love with it. Only has 25k and still looks new. My late model street glide just sits in the shop with some of my other bikes. Don't have much in it but after 27 yrs of BMW' s this rides way better than all the rest. The R1150rt is just too small for a tall rider. It's worth the maint work.
 

·
Registered
Joined
·
187 Posts
The LT is a head turner for sure. I really like parking by Harleys or Wings and activating the EHCS. The look on their faces is priceless. :grin:
I find reverse to be the real jaw dropper.:toast:
 
  • Like
Reactions: Voyager

·
Registered
Joined
·
2,176 Posts
I just sold my '01 with 104,000 on it. I wanted more than anything else to be fair and honest with the new owner. I advertised and sold it for $2,500. But I didn't care if it sold or not. And that was the dealer offer on a new Yamaha FJ-09 (which I am not going to buy). I've had it for over 11 years now, installed brake lines, daylong seat, wilbur shocks, clutch, seals, final drive, brakes etc.
When I advertised it I said that my best guess was that she was half way through her life, gave the results of oil analysis, compression readings and stated all the work I had done on it.
When the gentleman came to ride it I quizzed him first on his knowledge of the LT, asking him if he knew what the K rattle was, why the might smoke on start up etc.
He knew very little about the LT, but took it for a spin and loved it. I asked to run it up to 4,000 before shifting, then when he was comfortable to take it up past 7.
He asked me if I would take $500 to hold it till the end of the month. I refused his money, but promised to hold it, and asked him to do some internet research on the quirks of the bike. I also offered to fire up one of my other bikes and go on an extended ride with him - he on the LT me on another bike.
He's now comfortable with buying it, and I'm comfortable with selling it. Worked out well.
 
1 - 20 of 20 Posts
Top