- $7,500 on this motorcycle... my biggest loss

Рет қаралды 6,699

9 ай бұрын

Today I'm sharing the tragic story of how I lost $7,500 on a motorcycle purchase and the sequence of events that led to this. Live and learn.
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Пікірлер: 51

@JonsMotoGarage 9 ай бұрын

What's the most you've lost on a deal? Drop a comment below.

@Kevin97587 9 ай бұрын

Around 10k. Bought a 2019 harley sportglide, put stage 2 on it, full exhaust, got it custom painted including the saddlebags, different bars, grips, u name it. And chromed as much of the engine as possible. Drove it for about a year, lost interest and couldnt even get it sold for the initial price not counting the 8k in mods i added, so i sold it for 2k below new price, total loss of around 10k in one year. Never doing that again.

@tonyswirtz6612 9 ай бұрын

I recently lost about 5k on trade ...long story short traded crf250l for a harley with big s&s motor to use in my fxr...it eneded up having bad crank bearing motor was total loss. Not my worse but most current bad deal

@PrOfEsSoRsVgE46 9 ай бұрын

Man do you see that Dyna sitting behind you? You’re still a winner in my book!

@johnrode7109 9 ай бұрын

Don’t ever buy a boat

@itsgoingdown1974 9 ай бұрын

If it flies, floats or f#*ks, it’s cheaper to rent.

@treeguyable 8 ай бұрын

Bought a new Triumph, 215 cc in 2007, take it 25 miles out in the ocean, for over a decade. Still runs strong, looks like new. Just buy the right stuff!

@markwybierala4936 7 ай бұрын

You didn’t find the right guy to fix it. Every place has the magic mechanic. Not that your guy was bad. Maybe his mojo had temporarily softened. But it’s all down to finding out what’s wrong and putting things right. One wire, one faulty connector, a bad ground, a mistake on the factory electronic schematics. I’ve had my ass kicked by something broken but I don’t offer my services unless I’m willing to eat the labor when I fail. Sorry this was a sad story. …and, I’m now very careful about which jobs I accept.

@peterwilson8039 9 ай бұрын

I would never buy a modded bike. To me that's just a huge red flag. Of course you were specifically looking for a stunt bike. But then logically nothing is going to be harder on a bike than stunting, so modification for stunting is the biggest red flag of all. Odd though your friends couldn't figure out why it wouldn't start. There are two things to be careful about with mechanics. One is that they rip you off, which is all too common, but the other problem is that they don't know what they're doing, and that's going to end up the same way, or worse. I learned a long time ago not to be too quick to advertise myself as a guy that knew how to fix things among my friends. That's a good way to screw up a friendship. I used to tell my engineering students to never do anything for free. You've gotta at least charge enough to cover your potential liability in case you screw it up. Otherwise you're out of pocket, working for free, and have a pissed off customer, all on the same deal.

@itsgoingdown1974 9 ай бұрын

I work at a Harley dealership. If a person is going to add tons of performance or accessories to their bike, make sure you plan on keeping it for a long time because you aren’t going to remotely come close to recouping what you put into it. The only exception is if you can competently install it all yourself and don’t have a lot of $ invested into labor.

@peterwilson8039 9 ай бұрын

@@itsgoingdown1974 The worst thing is if somebody does a bunch of mods on their brand new bike, and then six weeks later they're selling it because they figured out that they don't like motorcycles.

@tomtemple69 9 ай бұрын

Yeah the only acceptable mods are like a slip on, bar end mirrors, better seat and a fender eliminator I refuse to buy anything with a stretch or engine/ECU mods or frame mods or any shit that changes the engine or electronics

@JeffKendallWeed 9 ай бұрын

Ouch!!! Sorry to hear that! My 890 Adv R was nearly $16k BEFORE tax in March 2022. Now there is a mint condition one for sale locally with 0 miles at $11k. I figure at minimum I've lost $5k- and mine is hammered hahaha! But I went the other way- I look at it as a license to ride the piss outta the bike now. And at this point, that bike is gonna be in the stable for another 5+ years.

@JonsMotoGarage 9 ай бұрын

The big drag is i was looking forward to having a stunt bike to still mess around on. Live and learn.

@itsgoingdown1974 9 ай бұрын

This was once my favorite bike channel along with Sean and SRK. It was must watch when you would wheel and deal buying bikes, testing them and flipping them. But, I totally get putting Fam first because that’s what a Man is supposed to do.

@s.gossett5966 9 ай бұрын

I definitely have lost money, usually when I bought something out of love and not as a pure investment. It's a bummer you took such a hit. Hopefully it will at least pay itself off in fun memories down the line.

@MrDavidfuchser 9 ай бұрын

It's easy to lose that much money on a bike. A regular scout or nighster are going for 20k OTD. Could maybe get 12k out of it after 2 years. If you really want to get hosed, finance it through the dealer, get the extended warranty, and the lifetime battery replacement plan.

@johnrode7109 9 ай бұрын

Of course I all ways lose that’s why I ride them till they turn into dust

@lastnline1 9 ай бұрын

You should do a garage update on what you have left to sell

@lestat602 8 ай бұрын

Hola... I haven't taken a Loss on a purchase but I did on a project.. I quoted the the labor based on USD but the job was in Holland and I pretty much was spending all my earning on staying alive for 3 weeks in a Europe economy

@getoffmygrass6974 9 ай бұрын

Bike builder’s have a saying “ If you’re building a bike to make money, you’re doing it wrong. “ This may not be the “exact “ case , you just had the wrong guys working on it, it happens dude.

@tomtemple69 9 ай бұрын

Yeah, hobbies cost money, they don't make money That's what a job is for

@almodamerr1634 7 ай бұрын

Hello wish you and your family all the best, i need an advice from you between yamaha motorcycles Vmax, rider and stryker wich one you recommends for me, Am 5'5"=169 cm wieght 52kg Taking manoeuvring and bike wieght in consideration, 90% of the time riding in the city Or i should look up for honda or suzuki with same motor cycle style ? Thank you, wish you all the luck

@DRocRSS2012 9 ай бұрын

Bud. 1st and main mistake. Treating those bikes like you did. And sharing it.

@MrTheDays1 9 ай бұрын

😂😂😂 for real

@treeguyable 8 ай бұрын

As a certified Mercedes Benz tech, had to replace a wiring harness, on an sl coupe. A pain, but, everything worked. Lot's of patience involved.

@KennyQuestShow 9 ай бұрын

They say you make your money when you buy the thing not when you sell it.

@justoneperson 9 ай бұрын

The one thing I do know is. Now I feel like a ShaveIce. I did like the 636 not as much as the DRZ, of course

@user-sw2lv3zp6o 9 ай бұрын

Interesting it had a hand brake. My worst loss was 6,000 GBP on a Jeep Wrangler 4.0 Ltd over ten years. I sold it for 500 GBP, but I spent loads on it. Pile of rubbish. Nick J

@EBthere 9 ай бұрын

It sounds like the storage with rats might have been your real nemesis.

@cjfaucett3067 9 ай бұрын

10k on a victory Vagas, 8ball, Jack pot Frankenstein monster that was bad ass and I'd still have right now if I didn't blow up my truck. Sold the victory a year after purchase for 5k. Sucked but was desperate losing big money being unable to do my job. So because it's big ass trunk and my desperate need for a vehicle I spent that entire 5k on a 2001 jetta someone had dumped a butt ton of money and work on. I've had a couple vr6 vws. None of which would get anywhere near that thing in quarter. It was extremely impressive for the whole two days I had it that it was actually running. Coming off the interstate went for 4th and hit second which honestly it was rushour wasn't even doing 60 so it should have been fine. But the plastic guide for the chain for whatever reason wasn't replaced when they got the heads ported polished and sprockets and chains top of the food chain Quality parts. So still baffled why they didn't change it. Either way. Paid someone to fix it. It didn't get fixed. Still have it. Flawless car outside it not running. But spent other 11k on an srx caddie only to I shit you not have the timing chain go out 2 weeks later. The first timing issue in 45 years and they was two weeks apart. Don't know what I did in the past life. But karma that bad It must have been the shit movies are made about. Lol

@upsidedowndog1256 9 ай бұрын

Oh yes Jon! My Kawasaki 750 turbo is a pain in my wallet! Still playing that game. Would have gladly bought your stunt bike.

@dplorbl 9 ай бұрын

Bought and traded 3 bikes over 4 years; only lost the cost of insurance, gas, and oil changes. Two things I never do: Never purchase a modded bike & never buy anything in kauilfornia 😉

@nateshearer5176 7 ай бұрын

How do you deal with titles when flipping bikes??

@jamesthousand7109 9 ай бұрын

I am living this right now with a gsxr 1000. To far into it still dumping money. It will be the only bike out of 30 that I am very upside down in.

@sonofabishop4449 9 ай бұрын

Sold my Dyna and did not even come close to recouping all my money. If youre going to mod out your bike, dont sell it. Lesson learned.

@Shmack_ 9 ай бұрын

Dyna still for sale?

@Turco949 6 ай бұрын

He might be a cool friend or whatever but the initial guy who did all that $2K+ worth of work without actually getting the bike running first (if I understood everything correctly), is the guy who screwed you because that was a pointless expense, imho. Like you said, one should at least learn from his/her mistakes. Even that has great value.

@Mark_cheapskate 9 ай бұрын

Ouch.

@Sway1177 9 ай бұрын

God himself would have to pry that FXDX from my hands 🤣. Sorry bout the loss but at the end you also made some good deals and sales over the years. Cant win em all

@Bass.Player 9 ай бұрын

Lots thousands in the stock market on the airlines, on a bad tip....

@davidelizabeth4933 9 ай бұрын

Paid way too much and lost your shirt in the end. Another California story! Greetings from Norcal!!! 🙄😥🤸🏼‍♀️❤❤❤

@RickDCatalano 9 ай бұрын

Hey John i feel for you but i got you beat and im not bragging!I had 11 bikes and i had lost my shop and was going thru a rough with my ex.I had too start letting go of some of my things and had a couple friends who wanted to buy a couple of bikes so i sold them each a bike 10 g a piece needless to say i got a g down and was to get the rest monthly.I thought shit good friends i can trust them,bullshit never seen them again.I learned the hard way that theres a reason they couldntget a bike on there own .No credit mf s but never again will i do that !