Is Depreciation that bad on our cats?
Hello, Fist time on the forums! I bought my Arctic Cat Prowler 700 XTX H1 in August of 2011. It was a left over from 2010 and was brand new. I had some HORRIBLE dealer problems (After a month of owning, sat at shop for over 4 months for service and replace seals). I was aggrivated with the guy and wanted to sale it back. Wow was I surprised. I financed 13,400.00 on my buggy (included 2 year warranty) 6 months later he offered me 6000.00 on it!
Since I bought it, I've added front and rear bump/brush gaurd, back seat, cloth roof, windshield, and 27" reptile radial tires. Also, The warrany is still good untill August of 2013. Am I crazy or is 6000 a slap in the face? I'm over the fact that the dealer has to make money and bla bla, and have reached out to craigslist trying to sale it, and still no luck. I owe 10,000 on it, and have had no hits, so obviously I'm thinking I just flat out owe too much. It has 30xx miles, and 200 hours now. I've kept it fully serviced and maintained since I bought it.
This is my first utv, so I'm honestly not sure if thats high mileage or hours, but I dont use this buggy for work/mud purposes. I use this with my family on my off time. I luckily live in a small area where the fuzz don't bother wasting time on utvs. So the river is 10miles north of me, the lake is 10 miles south, so every weekend we're riding to one or the other on pavement usually, or dirt roads.
The body is still in good shape, my son did back it up and hit the fender on the passenger side on a pole to the carport and cracked it, which I offered to pay to fix in my ads.
Does anyone have any numbers to throw at me at a more reasonable price? I want to keep this but unfortuanately i cant due to financial problems and needing a reliable vehicle for work now. Lots changed in life since I bought it.
So to sum it up, is anyone else facing similar circumstances? And, what is a good ballpark of what I have as far as selling it? I'm soooo dishearted right now. I love my buggy, its the best thing in the world to me, and I don't want to get rid of it but I HAVE to, and cant even sale it.