One issue is the economy. For a while, HD would finance anyone that can breathe. Now people can’t make the payments. They are doing repos left and right adding to the number of used bikes. They are just driving their own resale value down.
They also made a motor change in 07 which made the earlier models less desirable driving down their price.
I used to thing that bike’s like this were super lame, but after riding my uncles Iron Horse and my aunt’s Harley…I have a new found love and respect for them.