Used Snowmobile Depreciation Formula?

whitedust

Well-known member
What is the most acceptable depreciation general formula for snowmobile depreciation? Can it vary by brand and/or engine type or do all snowmobiles depreciate the same amount? One dealer said you ride it out the door new & you lose 30% off the top just the way it is. That statement got me thinking......
 

snobuilder

Well-known member
LOL.... that must be the 2 smokers formula.

I think you need to factor in the ratio of miles/years old with any sled but even more so with the 4 strokes. while 10,000 miles is nothing on my yamahas you still have "wear items" to contend with if you are a high miles per year guy.
Making sure those things are maintained when looking to buy is key.
 
Last edited:

ezra

Well-known member
yeah right those yammis hold there value.
same thing go back 3 yrs they are all worth 1/2 or less.
u are best off buying a non current 2 yrs old or older in the box. the biggest hit is gone then ride it 4 yrs
 

Firecatguy

New member
Depreciation?? sled prices are what the market is at look at same sled and get a general idea what market will bring......then take in the condition!!! if a brand and model go for x amount your not going to redesign the market with your same brand and model..if its clean it will bring top dollar, if you are willing to wait it out you will find a buyer....\

in 2007 a m8 was going for10g at dealer in june that year i picked up one "new in box" for 8g...sled market and dealers are the time year and how snow conditions where...shop shop shop I make them work for the sale......sold that one for 6500$ in 2012
 
Last edited:

snobuilder

Well-known member
yeah, I only spring ordered one sled...the original SR Viper...since then I have gone back to bein a leftover or slightly used sled buyer.

Not looking for a p'n match ...just sayin....15,000+ miles on my 3 Yamahas....i'd compare value to any 2 stroke with 15,000 mile you can come up with....good luck!....LOL
 

ezra

Well-known member
yeah, I only spring ordered one sled...the original SR Viper...since then I have gone back to bein a leftover or slightly used sled buyer.

Not looking for a p'n match ...just sayin....15,000+ miles on my 3 Yamahas....i'd compare value to any 2 stroke with 15,000 mile you can come up with....good luck!....LOL
put up a add just for fun see how many calls u get. u will got nothing but extreem low balls unless a guy knows u or knows nothing about sleds they are worth not much. now if keeping them for the long haul and u dont wander off the super highway yep 4s is deff the way to go . but I still say once 3 or 4 yrs worth jack over 1/2 of value lost. in fact more so because of up fr cost.u see 10 nitros all day for under 7g get back to 10 yrs rx1 all day for 2g same money as any f7 same yrs.in fact i would bet the farm U would dump a pounded 03/04 f7 long before a mint 03/04 rx1 for the same money.
in snow toys after 5 or 6 yrs they hit that 2500 to 3g and sit there for another 3 yrs till they get 1800 to 2g and sit a long time.
I think the other thing affecting why a 4s is not retaining value like they should id the guys buying them.
not kids mostly older guys with some cash in the pockets and they are not looking to buy some one else s junk. they have all been there done that and are willing to pay for the new toys.
I think the only sled I did not loose any money on that I did not get from the race program was a 06 xfire7 I got in the end of 06 and sold in 08/09 for even money.but the thing is people did not jump on the crossovers in 06 was to new still so they were giving them away. I payed 6250 out the door in 06 by 08 they were all the craze
 

renegade

Active member
Prices of used sleds will always be affected more by the weather than any other factor. And as long as there are used 2 strokes that are 10 times more available than used 4 strokes the prices will be close. I highly doubt someone will pay much more for a used sled to get the 4 stroke. The older they get the closer the prices will come together. One of the things I personally look at is how easy it is to fix. Fours much harder to tear into if need be, and I'm sure more costly. Then there are the buyers who don't buy til it snows. They ussually just want a sled that rides good for a good price. They don't care if it is a four stroke or not, and I doubt they are willing to pay extra for it. And the first few years of the yami fours I don't think of fuel economy, I think more of lumber wagons. I don't know when that changed as I haven't rode one in awhile, but that is the truth.
 
LOL, "4 strokes hold their value" I just sold my wife's 2005 yamaha rs rage. Mint condition, garage kept 4500 miles, electric start, reverse. Couldn't beg somebody to pay $3,000. Ended up selling for a little over $2500.
 

Rupp Collector

Active member
LOL, "4 strokes hold their value" I just sold my wife's 2005 yamaha rs rage. Mint condition, garage kept 4500 miles, electric start, reverse. Couldn't beg somebody to pay $3,000. Ended up selling for a little over $2500.

$2500 is all! I got $1000 for my 2002 Polaris 600 with nearly 30,000 miles.
 

indy_500

Well-known member
LOL, "4 strokes hold their value" I just sold my wife's 2005 yamaha rs rage. Mint condition, garage kept 4500 miles, electric start, reverse. Couldn't beg somebody to pay $3,000. Ended up selling for a little over $2500.

you DO live in Indiana though... Location is everything theres a guy with an extended IQR 144" on snowest, hasn't been able to sell it for 2 years is damn near giving it away but he lives in Colorado. nobody wants a 144 in colorado.
 

indy_500

Well-known member
This is exactly why I went the route I did with my sled. I could've bought a newer one with low miles but in 2 years with the miles I'd put on it I'd lose about $2500.
 
I'm only 35 min from Michigan border. I blame Yamaha. :)
you DO live in Indiana though... Location is everything theres a guy with an extended IQR 144" on snowest, hasn't been able to sell it for 2 years is damn near giving it away but he lives in Colorado. nobody wants a 144 in colorado.
 

samc

New member
With how much snowmobiles depreciation right away and this yr having 4 drivers in the house now, we have been purchasing 2 yrs old sleds and rolling them after they are 6 yrs old for the past 4 sleds. As the other thread state about the cost of riding, filling up is not going to be fun along with the other expenses but there is nothing that compares to seeing the happiness in your kids eyes and riding as a family. That softens the cost blow a bit
 

snobuilder

Well-known member
LOL, "4 strokes hold their value" I just sold my wife's 2005 yamaha rs rage. Mint condition, garage kept 4500 miles, electric start, reverse. Couldn't beg somebody to pay $3,000. Ended up selling for a little over $2500.

I sold the exact same sled with 15,000 miles for $2400 with snow on the ground last January to a younger guy who came to look at it with his dad.
I only had to ask him a few questions like do you want to wrench or ride while there is snow on the ground because that's what a clapped out 2 stroke will have you doing and the season is short enough the way it is....LOL

BTW I bought the sled as leftover in March of '06 for less than $5650.00 OTD...that is <25 cents a mile....I doubt I can afford a 2 stroke these days....LOL
 
Last edited:

JasonF

Member
People dont care about snow conditions in November, its a clean slate and the outlook is always positive! This is why I typically list my sleds for sale in this time frame and I have always gotten top dollar for my higher mileage rides. I believe it also helps some to have sled not so typical to the area. For instance, I just sold my 08 Summit X 146 this summer for $2000 less than I paid for it 4 years ago and the reason is the people looking know there aren't a ton of used 146X sleds laying around MI. It also makes a difference on how you prepare your sled for sale, I don't care how old it is it should be clean, clean, clean! You wouldn't believe some of the used low mileage sleds I have looked at buying and it looked as if the thing had been sitting in someones yard all summer.
When listing my stuff I browse some of the sled sites classifieds for comparable prices, I then compare to NADA and typically drop the price a few hundred.
 

Hoosier

Well-known member
LOL, "4 strokes hold their value" I just sold my wife's 2005 yamaha rs rage. Mint condition, garage kept 4500 miles, electric start, reverse. Couldn't beg somebody to pay $3,000. Ended up selling for a little over $2500.

Where did you list it for sale?
 
Top