What is the story with the value on second hand bikes? I've been scowering FB marketplace and done deal for the past month now looking for my first bike and every bike I've seen costs more than a car of the same year. Ninja 650s, cbr650rs, r7s, no matter the bike, the owner has it listed for not much lower than brand new.

My car is a 171 when it was made, it was about 28k. When I bought it a year ago with low mileage, it was 12k. Today, its 9-10k. Much Less than half the value of new, but I'm seeing bikes with similar mileages being worth maybe 1000 in the difference from the 2015-2020 models and the 2000-2010 models.

Hell a brand new 2026 ninja 650 is 11k, a 2017 model is 7k. How does 9 years only depreciate the value by 4k? I would've thought bikes would depreciate faster considering they take a lot less mileage before running into problems. Is there some aspect in bike pricing I'm missing?