Inquiry on why I see multiple Low Mileage (2500 miles) 2023 Pike Peak for sale.

I have been looking at purchasing a used 2023 Pike Peak with low mileage. However, I have noticed many units across the U.S. with very low mileage (2500 or less). While I can ignore the models with 15- 500 miles as Demo bikes, I am trying to understand why so many are being sold after 1 year of ownership. I did some checking, and insurance, at least for me, is not much more than my current sports bike. What are your thoughts?

People are idiots and spend money buying s—t the they don’t need or even want.
I bought mine in 22 and think the bike is fantastic. I don’t see myself getting rid of it for many years. I commute on it, have taken long cross country rides on it, have done 5-10 track days on it, and had zero problems.

Good to hear that. I checked in with Smokey, and he said the same thing.

My question
As a top YouTube host what are your thoughts on Ducati Pikes Peak (2023/2024) models. I am looking at used ones and curious why I am finding a lot of 2023 with about 2400 miles (Cycle Trader) & motohunt) being sold. Is there something that drives this or people trading in for the RS or Honda? Any insight you have would be helpful.

Smokeys Response:
As far as I know, there are no real issues with those bikes at those miles. The valve that's somewhat expensive is way later. A Pikes Peak is a beautiful and expensive motorcycle. Most people also buy it because it's a comfy corner-cutting machine, so it's not really a long touring bike if you ask me. The normal Multistrada or grand tour and adventure will have way more miles on them as the Pike Peaks ones. That's my opinion

They probably freak out when they find out what's the 1st service costs

It is the top line of motorcycles, so you should expect to pucker up a bit when you see the prices. But some of those complete exhaust kits I have seen online topping 5K even give me sticker shock

Mayhem said:

They probably freak out when they find out what's the 1st service costs

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I think this is especially true for the desmo V4's. It's one thing to check the valve clearances and a whole different deal when the cams need to be pulled to reshim. Particularly the front head. My expectation with these is the valvetrains will constantly be run loose which pounds the valvetrain or the owner hearing a quote for the service expense decides to sell. If the bikes for sale and has 14-15K miles and hasn't been serviced add $4K? to your purchase price. Somebody on the forum commented on the cost of the desmo service for a 1299 Pani was $2500. These are way easier to service than the V4's.

baggerman said:

I think this is especially true for the desmo V4's. It's one thing to check the valve clearances and a whole different deal when the cams need to be pulled to reshim. Particularly the front head. My expectation with these is the valvetrains will constantly be run loose which pounds the valvetrain or the owner hearing a quote for the service expense decides to sell. If the bikes for sale and has 14-15K miles and hasn't been serviced add $4K? to your purchase price. Somebody on the forum commented on the cost of the desmo service for a 1299 Pani was $2500. These are way easier to service than the V4's.

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yep paid 2100 - 2400 - 2500 and 2300 for the 4x Desmo's i went through on the 11 and 12 '99 bikes...NONE of them needed adjustment either...

Ill let ya know next year when the first desmo comes up for my new V4s...

Jag

I'm driving barely 3 to 4000kms max a year with the V4 now and got 10k on it, so I still have a couple of years before this desmo service.
I had the same discussion regarding cam adjustment with a highly skilled and independant harley mechanics and he was basically saying that most harleys dont even need the cams to be readjusted after the 24k km (but more after 50k km) and that was a long and painful job so he wasnt doing it and was just listening to the engine sound He was also saying you could even notice by hearing the engine if the timing is ok or wrong. I belive him, since the day I brought my HD he was thinking there was an issue with the engine timing by listening to it. Then I told him I had changed the camshsaft and got a stage 2 installed which made sense to him.
I hope there are some ducati mechanics with the same hearing capabilities!

Riven said:

I have been looking at purchasing a used 2023 Pike Peak with low mileage. However, I have noticed many units across the U.S. with very low mileage (2500 or less). While I can ignore the models with 15- 500 miles as Demo bikes, I am trying to understand why so many are being sold after 1 year of ownership. I did some checking, and insurance, at least for me, is not much more than my current sports bike. What are your thoughts?

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Well, if you don’t take trips, then 2,500 can be a lot of miles. Just heading up into the hills every other Saturday, it takes a while to rack out the miles. Of the hundreds or thousands of bikes that are sold, there is going to be a handful of guys that just automatically upgrade, some peoples lives will change, a few people will die, some will get divorced, etc. There are a lot fo reasons why bikes come up on the market in the first or second year. Some guys get a good scare and just decide it’s not for them.

The good news is, that the experienced shopper can take advantage of this. Sometimes there are upgrades, or the guy just wants to offload it and when you show up to his house will take even another thousand off the price - or he’s got tools and a stand sitting there. Or two new helmets and radio gear. You get it.

People aren’t necessarily idiots because you see a bike at a good price. The thing is to shop ALL of the people that are dumping bikes and really find the one that you want.

One last example, when I was looking for a Bayliss on Cycletrader. Two bikes has had about 1,000 miles, but one had used rubber all the way to the edges and the tires still had the little track balls on it. It was obviously ridden hard by a fast rider. The other had chicken strips that still took up most of the tire. An older guy had had it but at 70-something it was just too much for him. The end result was gentle straight-line riding for about 800 miles if I remember right. So, look at it all as a shopping opportunity.