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How Much Do Harley-Davidson Motorcycles Actually Cost?

How Much Do Harley-Davidson Motorcycles Actually Cost?

Harley-Davidson offers 29 different new motorcycle models. Prices vary significantly based on factors like mileage, age, and model. On average, a used Harley-Davidson costs between $6,000 and $21,000. Prior to the 2024 launch, a new Harley-Davidson typically costs around $25,633, with top-of-the-line models reaching up to $40,000.  There was a decrease on the price for 2024 Harleys.

How Do Harley-Davidson Bike Costs Compare to Other Popular Brands?

Price Comparisons Based on Available 2023 BASE Models in the USA

  1. Harley-Davidson: $25,633.00
  2. Indian: $23,256.00
  3. Ducati: $23,552.89
  4. BMW: $17,292.42
  5. Triumph: $15,071.74
  6. Yamaha: $8,942.62
  7. Honda: $8,568.20

Harley-Davidson leads the market in pricing. This isn't just about the bike; it's about what the bike represents. Harley-Davidson embodies heritage, prestige, and a unique riding culture, symbolizing freedom and a coveted lifestyle. This premium branding, combined with their renowned build quality and robust resale value, justifies their high prices. If you simply do what we call a "Tap Test" on the motorcycle, meaning you take your knuckles and tap on the components of each motorcycle you will find Harleys have a great build quality.  Harleys have significantly less plastic than other brands like Indian, Kawasaki and Honda.  Brands like Indian, Ducati, BMW, and Triumph have their own appeal and price points. On the budget-friendly end, Yamaha and Honda offer quality and accessibility.  In the end, all of these models cater to a wider range of riders in states like Vermont, New Hampshire, and New York.

Average Costs of Different Types of Harley-Davidson Motorcycles (2023 Base Models)

  • Pan America Models: $19,049
  • Road Glide Models: $33,613
  • Electra Glide Models: $29,866
  • Softail Models: $20,341
  • Street Glide Models: $27,332
  • Sportster Models: $16,249

How Well Do Harley-Davidson Motorcycles Hold Their Value? Very well!

Harley-Davidson motorcycles are known for their strong resale value. They retain over 84% of their original value over five years, outperforming brands like Honda, BMW, Triumph, and Indian. This high value retention is due to:

  • High Resale Value: Harley-Davidson bikes retain a significant portion of their value.
  • Brand Prestige and Quality: The brand's reputation for quality and durability enhances value retention.
  • Depreciation Rate: Harley-Davidson motorcycles depreciate more slowly, stabilizing around the fifth year.

In summary, Harley-Davidson motorcycles are often considered an investment due to their strong brand reputation, durability, and high resale value. This is true across various regions, including Vermont, New Hampshire, and New York.

Factors Influencing the Cost of a Harley-Davidson

  • Brand Heritage: Harley-Davidson represents a storied history and American icon.
  • Quality and Craftsmanship: Known for their build quality and attention to detail.
  • Performance and Engineering: Engineered for power and a unique riding experience.
  • Customization Options: Highly customizable, adding to the base cost.
  • Resale Value: High resale value factors into the initial pricing.
  • Dealer and After-Sales Services: Extensive service and support network adds value.
  • Market Demand: High demand can drive up prices, especially in motorcycle-friendly regions like Vermont, New Hampshire, and New York.

Options for Paying for a Harley-Davidson Motorcycle

  • Financing:
    • Directly Through Harley-Davidson: Offers loans with no down payment, low APR, and terms up to seven years.
    • Dealership Financing: Dealerships offer trade-in values, promos, and complete the financing process.
    • External Financing Options: Online lenders, banks, and credit unions provide alternatives.
    • Average APRs: Varies widely; Harley-Davidson offers rates as low as 3.99% for 60 months with $0 down for select models. The average APR is around 3.95%.
    • Military Benefits: Lower rates, flexible terms, and possibly no down payment for military members.
  • Buying Used:
    • Authorized Dealerships: Offer inspected and certified pre-owned bikes.
    • Online Marketplaces: Websites like Cycle Trader and eBay Motors.
    • Local Classifieds: Local ads in areas like Vermont, New Hampshire, and New York can have hidden gems.
    • Forums and Clubs: Harley enthusiast forums and clubs for well-maintained bikes.
    • Social Media: Facebook groups and Marketplace for local listings.
    • Auctions and Estate Sales: Unique finds at auctions and estate sales.
    • Inspect the Bike: Thorough inspection or a mechanic's check.
    • Negotiate the Price: Based on the bike's condition and market value.
  • Flex Financing:
    • Similar to leasing, Flex Financing is for a fixed period with the option to turn in the bike or buy it outright at the end. Terms and conditions vary, so check with the provider in states like Vermont, New Hampshire, and New York.

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