Re: Mustang Loyalty
I've never bought a new car... I just never saw the value in it.
As far as the Harleys... wait a couple years, the factories are cranking out 400k+ bikes a year, and boomers (Harley's biggest constituency) are trading in bikes for hips. The pricing at the dealerships are now around the MSRP, as they can no longer get premium pricing... So my take is that in 5 years or so, used Harleys will depreciate substantially, and provide additional pricing pressures on new bikes. In the past, Harleys were in short supply, and used bikes were even capturing a premium to new bikes MSRPs... That is not the case anymore.
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