Here’s some EV news for yah: Brammo has announced a guaranteed trade-in program for its electric motorcycle offerings, which basically says that if you buy a new Brammo motorcycle between now and the end of September 2013, the Ashland, Oregon company will guarantee that bike’s trade-in price (for another Brammo motorcycle of course) to be at the original MSRP for the next 12 months.
It’s been a few weeks since Harley-Davidson announced the immediate closure of its subsidiary Buell, where dealers began slashing prices both to liquidate stock and to cash-in on Harley’s $5,000 sale incentive. Basic economics dictates that any time a price is raised or lowered it has repercussions to the product’s resale value, and in the case of Buell’s sudden price drop and dumping of basically new bikes into the market, the consequences for current Buell owners seem dreary. Or are they?
In order to find an answer to that question, we asked Joshua Minix, former government think-tank Economist, and current John M. Olin Fellow in Law and Economics at Harvard Law School, to wade through the implications of Buell’s closure, and how it affects the used Buell motorcycle market. Click past the jump for his analysis.
UPDATE: The bike has now been sold.
We don’t usually post up bikes for sale, but this one seemed like too much of a bargain not to comment on, and in a way it speaks to the current state of the used motorcycle market. A 2004 salvage title MV Agusta Brutale for $4,225, it sounds like one of those bad eBay scams, but reading through this thread on ADVrider, the deal seems not only legit, but also some buyer’s lucky day.