Ducati Monster Forum

Local Clubs => Ducati MOB => Topic started by: NORCAL510 on January 16, 2009, 03:33:22 AM



Title: To sell, or not to sell
Post by: NORCAL510 on January 16, 2009, 03:33:22 AM
that is the question :(

got laid off yesterday, this morning will be my last day of work...

do i keep the toys ('93 yz250, '07 695) or do i bite the bullet?  apparently per CA law, i'm still getting paid thru march-ish (don't know the exact details b/c yesterday was my day off - i decided surfing was a better option than the "mandatory" all hands meeting)...

i'd probably be more willing to part with the yz but still. argh!

 [drink] [drink] [drink] [drink] [drink] [drink] [wine] [drink] [drink]


Title: Re: To sell, or not to sell
Post by: Popeye the Sailor on January 16, 2009, 06:39:15 AM
Don't sell.



It'd be competition for my bike, which is for sale.  :P


Title: Re: To sell, or not to sell
Post by: Cynic on January 16, 2009, 07:43:48 AM
Yikes, that's not good news.   :-\ I have no idea, but I think waiting a week prob won't kill you.  Good luck with whatever you do!


Title: Re: To sell, or not to sell
Post by: desmoquattro on January 16, 2009, 08:28:43 AM
Sorry to hear that, man! What do you do? The DMF has been known to help people find work in the past :)

At this point I imagine you're in panic mode. I've been there before: What can I sell? How can I spend less money? Can I really get away with robbing a bank? It's a natural reaction. But keep your head about you, mate. Now's not the time to sell a bike...wintertime nets lower prices and more sluggish demand. And you'll probably have a clearer picture of your situation after a while.

My prescription for you: drinking. Seriously. Come on out to Zeitgeist one night. We'll keep you company.


Title: Re: To sell, or not to sell
Post by: somegirl on January 16, 2009, 09:18:15 AM
Sorry to hear about that :(, best of luck.  I agree, sit and think on it a bit before making any big decisions.


Title: Re: To sell, or not to sell
Post by: DanTheMan on January 16, 2009, 09:23:57 AM
Are they bought and paid for? or still making payments. IF they are paid for i would keep, you can always cut insurance down to comprehensive only for theft.



Title: Re: To sell, or not to sell
Post by: mostrobelle on January 16, 2009, 09:29:49 AM
There are a lot of factors to consider before dumping your toys.  Ya might just be freakin' out and you'll have another job before you know it.  Selling your bike(s) might not net you anything in the end if they're not worth anything.  And even if you do sell them, how long do you think that money will last?  If it's the difference between getting dinner and turning the heat on and being cold and hungry, well then, I think you've got yourself a pretty good reason to unload some of your wheels. 


Title: Re: To sell, or not to sell
Post by: jimboecv on January 16, 2009, 11:36:56 AM
You won't get much for the YZ. 
Sell your car, keep the bike.


Title: Re: To sell, or not to sell
Post by: remy on January 16, 2009, 12:10:37 PM
There are a number of people on here in the same boat as you. I've considered selling my car, but definitely not my motorcycle. There are many other places that I can cut back to make a greater impact in saving $$ over time than the immediate money made by selling my Monster.

As far as bike costs, just try and do more service yourself (we should have another tech day soon), buy sport touring tires rather than race/sport tires for their longevity, maybe take it a little easier on acceleration to conserve gas (I'm already getting 45-50 mpg riding normally) and hold off on any extra gear/part purchases completely.

Good luck!


Title: Re: To sell, or not to sell
Post by: MendoDave on January 16, 2009, 12:38:18 PM
Keep the YZ. maybe you can use it to make money doing stunts [cheeky]

But seriously keep the YZ they aren't making those anymore.


Title: Re: To sell, or not to sell
Post by: ptam on January 16, 2009, 01:16:24 PM
As others have said ... unless you are in the position that you won't have food or a roof over your head real soon ... if they are paid off, I'd hang onto it for now.  Let your head clear for a bit and think things through, I went through the same thing when my job was being eliminated a few years back.

Right now you're not going to get much for either of them until the spring. 


Title: Re: To sell, or not to sell
Post by: ROBsS4R on January 16, 2009, 04:01:44 PM

Do you use Facebook or better yet Linkedin.

I can add you on my profile and you can get more exposure for finding a new job.



Title: Re: To sell, or not to sell
Post by: Orangettes on January 16, 2009, 08:12:18 PM
There are a lot of factors to consider before dumping your toys.  Ya might just be freakin' out and you'll have another job before you know it.  Selling your bike(s) might not net you anything in the end if they're not worth anything.  And even if you do sell them, how long do you think that money will last?  If it's the difference between getting dinner and turning the heat on and being cold and hungry, well then, I think you've got yourself a pretty good reason to unload some of your wheels. 

second that, few thousand bucks wont last long.  Maybe get an over qualifying job, just for the sake of payin rent. 


Title: Re: To sell, or not to sell
Post by: ducnymph on January 16, 2009, 08:26:03 PM
Sorry to hear that.

Like others have said, selling the bikes wouldn't be the long term solution unless you're destitute and need the $$$ now for basic needs now. Put off making that decision, if you can, for awhile longer.   


Title: Re: To sell, or not to sell
Post by: sugarcrook on January 17, 2009, 01:00:02 PM
Sorry to hear about getting canned. 

I basically keep everything for sale.  If somebody wants to give me a fair offer for just about anything I have, I'm willing to listen. 


Title: Re: To sell, or not to sell
Post by: mostrobelle on January 17, 2009, 05:11:13 PM
Sorry to hear about getting canned. 

I basically keep everything for sale.  If somebody wants to give me a fair offer for just about anything I have, I'm willing to listen. 

...so about that redundant kidney....  [cheeky]


Title: Re: To sell, or not to sell
Post by: slower than... on January 17, 2009, 09:27:32 PM
Yikes, getting laid off really sucks.  Been there, done that.  Never fun, but keep the faith.

Terrible time to sell anything, a bike in the winter, the economy sucks.  Hold on as best you can.  And truthfully, if you are still making payments, it is really hard to sell anyway, since you don't have legal title until it's paid off, and no one will give you the money without the title,... classic Catch-22.

Good luck.



Title: Re: To sell, or not to sell
Post by: Michael Moore on January 17, 2009, 11:11:31 PM
I have no useful advice, just wanted to say it sucks about the layoff.


Title: Re: To sell, or not to sell
Post by: sroberts152 on January 18, 2009, 02:43:17 AM
Only sell if you have to, but don't wait until you need to. 

I've found that if I sell high dollar items with the intent on buying them again, other things always come up and I never buy something.  I've also found that if I really need to sell something to make some money it never sells and when it does it goes for much less than I want because I am desperate. 


Title: Re: To sell, or not to sell
Post by: NORCAL510 on January 19, 2009, 09:39:00 AM
THANKS for the advice and well wishes everyone!  I do have a good network of former co-workers (altho most are now looking for jobs too, lol).  I did manufacturing in the biotech industry for about 8yrs, i'm currently finishing my BS in Business - hopefully summer or fall this yr, if they stop canceling classes due to budget cuts.

I had thought about selling the Taco (bought it new in 08 for moving around the toys), but like we all know, not many people are buying.

So if anyone has connections in the Pharma, Biopharma, brewing, or similar fermentation related job let me know. I've also done remedial algebra tutoring for middle/high school kids in the past soo I guess that's another route to look to...

Thanks again!

ken:)


Title: Re: To sell, or not to sell
Post by: somegirl on January 19, 2009, 10:12:57 AM
PM sent.


Title: Re: To sell, or not to sell
Post by: sfarchie on January 19, 2009, 08:45:32 PM
THANKS for the advice and well wishes everyone!  I do have a good network of former co-workers (altho most are now looking for jobs too, lol).  I did manufacturing in the biotech industry for about 8yrs, i'm currently finishing my BS in Business - hopefully summer or fall this yr, if they stop canceling classes due to budget cuts.

I had thought about selling the Taco (bought it new in 08 for moving around the toys), but like we all know, not many people are buying.

So if anyone has connections in the Pharma, Biopharma, brewing, or similar fermentation related job let me know. I've also done remedial algebra tutoring for middle/high school kids in the past soo I guess that's another route to look to...

Thanks again!

ken:)

First, sorry about losing your job. Second, I have a friend at Genetech. Drop me a PM to confirm what you're looking for and I can check to see what's out there.


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