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View Full Version : Honda slashes its new bike prices across the board



Scouse
4th September 2011, 23:42
So who saw the advert in Saturdays herald of particular note was the honda Fury 3 weeks ago they went from $26,000 to $20,000 now acording to their full page ad on Saturday they are now selling for $15,000
I know someone who bought one three weeks ago for $20,000 thinking he was getting a bargan but he is now madder that a snake.
still in all fairness it is probably where the true value of one of these furys is i mean who in their right mind is going to pay $26,000 for a Jap imitation Harley when you can buy the real thing for pretty much the same money?

DrunkenMistake
4th September 2011, 23:59
Its not Derived from a water pump?

:shifty:

Gremlin
5th September 2011, 00:11
Up to 40% off bikes. Pity I'm not in the market, as the prices are stunning.

It's strictly to clear out some old stock... Goldwing at $33k? ST1300 at $18k. Once they have sold what they needed to, prices go back to normal.

Tempting...

cynna
5th September 2011, 00:18
has anyone got a link to what else is on sale?

Gremlin
5th September 2011, 00:29
has anyone got a link to what else is on sale?
From the notification I got (I didn't get the personal call from Honda):
2010 Fury 1300 - $15k
2011 Fury 1300 - $16k
2011 Stateline 1300 - $15k
2009 CBR1000 ABS - $17k
2011 CBR1000 ABS - $18k
2009 CBR1000 - $16k
2011 CBR1000 - $17k
2009 CBR600 - $14.5k
2009 CBR600 - $14k
2010 VFR1200 - $20k
2011 VFR1200 - $21k
2009 VFR800 - $15k

Jantar
5th September 2011, 00:30
So who saw the advert in Saturdays herald of particular not was the honda Fury 3 weeks ago they went from $26,000 to $20,000 now acording to their full page ad on Saturday they are now selling for $15,000...

When they are 100% cheaper I may consider one. But only if Honda pay the reg and insurance. :shutup:

EJK
5th September 2011, 00:31
CBR1000 as low as $16k?? Faaaaar out!

hellokitty
5th September 2011, 06:33
I was talking to a salesman yesterday who was saying that as Honda NZ have done this, they are now left with trade in that are more expensive than the same bike new. Plus, they have regular clients spitting as they feel they have been ripped off.
I had to bite my tongue yesterday, when I saw a 2011 Fury for $16000. A year ago when my husband bought his Fury, I was saying wait a year and then pick up one for a bargain.....

Arrowolf
5th September 2011, 08:39
And the funny thing is, they still making money. Rethink about to buy overseas.

240
5th September 2011, 08:41
And the funny thing is, they still making money. Rethink about to buy overseas.

I don't reckon they would mate, they would be taking a caning on these I would guess.

zeocen
5th September 2011, 08:56
I feel sorry for the dealerships that have trade-ins that are a few dollars less, or even a few dollars higher than brand new bikes. I traded my VFR800 in for my new Hornet 600, it would be going for around the same price as the brand new ones.

gijoe1313
5th September 2011, 09:27
Pre-empting the Suzuki summer sales I guess ... if I didn't promise my girl I wouldn't buy any more bikes until we got a house first, I would be so in! :innocent:

Sooo many shinies, my precioussss ... :drool:

Devil
5th September 2011, 10:24
ST1300 at $18k.

That is interesting! The only one i'd be interested in!

sinfull
5th September 2011, 10:31
Cheapo race bike in there somewhere !

The Lone Rider
5th September 2011, 10:39
I look forward to when some of those $15K Furys are on sale 2nd hand.

James Deuce
5th September 2011, 10:48
Why would you buy a Z750S, FZ8, or GSR750 when you can get a CR1000R for the same price? Indeed, for the price differential the Hornet 600 would be better value than any of those three. I can understand choosing a Street Triple over those, but I'd go for the Predator over a Speed Triple any day. Bloody fantastic opportunity. Shame everyone's broke and no one is lending.

James Deuce
5th September 2011, 10:54
And the funny thing is, they still making money. Rethink about to buy overseas.

No, they'll be taking a bath at those prices. They'll be overstocked and a lot of that stock will have been hanging around since 2009.

Honda always do this though. Over estimate demand on the bikes they chose to present to the NZ market, while ignoring other models in their range that would probably do very well here. CB1100 and CBR600F (particularly with the rego break) for instance. Instead we get the CB1300 and VFR800 (10 year old model and looking like one) and these have continually had their pricing adjusted downward because the intro price is always waaaaaay up there.

Scuba_Steve
5th September 2011, 11:01
for people wanting the "411" Heres the Blue Wing Honda ad thing
http://www.honda-motorcycles.co.nz/attachments/honda-biggest-sale-ever-420x297mm-lowres.pdf

Gremlin
5th September 2011, 11:12
And the funny thing is, they still making money. Rethink about to buy overseas.
Absolutely not. They're taking a big hit, dealers have virtually no margin either. It's purely to fix their stock levels. You'll also find they are unwilling to do trades because of the dollars.

I can understand choosing a Street Triple over those, but I'd go for the Predator over a Speed Triple any day.
Except the Predator isn't in the sale, and sold out last year. Funny thing is, people ummed and arred, thinking they would get one later, one guy was even looking for one on the weekend... Nope, all gone last year and no more coming either.

Simple thing is, if you want one of these, get down to your dealer. Otherwise, don't cry when you miss out.

That is interesting! The only one i'd be interested in!
I know, I was seriously considering one before I got the BMW, but now I have that.

imdying
5th September 2011, 11:18
Blue Wing Honda. They're basically setup to arse fuck customers of Honda. I hope something falls on their building. Like the USS Nimitz. I would also settle for a Freightliner Century hitting their Christmas function party bus.

If their stock levels need fixing, it's because they deserve it.

Mort
5th September 2011, 12:33
Certainly some good deals there. $16K for a new (09) Repsol Fireblade is a bargain.

A lot of this will be due to the strength of the NZ$ at the moment as well as overstocking caused by the high prices of Honda a year ago where a ABS Blade cost $26K for instance.

sugilite
5th September 2011, 12:42
Blue Wang - Making sure they meat the nicest people already on a Honda :facepalm:

White trash
5th September 2011, 13:08
Absolutely not. They're taking a big hit, dealers have virtually no margin either. It's purely to fix their stock levels. You'll also find they are unwilling to do trades because of the dollars.

I think you'll find they're unwilling to do trades because the dealer then has to fork out for what the trade's worth, and cashflow is a major drama for most small dealers at this time of year.

Gremlin
5th September 2011, 14:07
I think you'll find they're unwilling to do trades because the dealer then has to fork out for what the trade's worth, and cashflow is a major drama for most small dealers at this time of year.
Well, you'd know the ins and outs, but yeah, they need to flick off the trades quickly, to get the dollars back, etc etc...

The dealers certainly aren't creaming everything, that's for sure.

HenryDorsetCase
5th September 2011, 14:21
I know someone who bought one three weeks ago for $20,000 thinking he was getting a bargan but he is now madder that a snake.


In 1988, I paid $4399 for a brand new Honda GB400TT Mark 2. the single seat one with a fairing. Two months after that, Blue Wing reduced the price to $3899. I wrote to them and asked for a refund, and was told to get fucked pretty much. Obviously they'd just bought their volcanic island and were in the process of fitting it out and my $500 was crucial to that. I was absolutely spewing: it was the first brand new bike I had ever bought, and they fucked me.

I really like Honda motorbikes, but the NZ distro? not so much.

of course a mint GB400TT right now is worth at least $4399.....

HenryDorsetCase
5th September 2011, 14:23
I look forward to when some of those $15K Furys are on sale 2nd hand.

..........for $17k

HenryDorsetCase
5th September 2011, 14:26
No, they'll be taking a bath at those prices. They'll be overstocked and a lot of that stock will have been hanging around since 2009.

Honda always do this though. Over estimate demand on the bikes they chose to present to the NZ market, while ignoring other models in their range that would probably do very well here. CB1100 and CBR600F (particularly with the rego break) for instance. Instead we get the CB1300 and VFR800 (10 year old model and looking like one) and these have continually had their pricing adjusted downward because the intro price is always waaaaaay up there.

CB1100F - WANT.

VT750RS - WANT: sensible riding position, chain drive: like a V twin Bonneville, or Sprotster.


VT750C - NOT WANT. (though I have had a day ride on one in Straya)

White trash
5th September 2011, 14:44
In 1988, I paid $4399 for a brand new Honda GB400TT Mark 2. the single seat one with a fairing. Two months after that, Blue Wing reduced the price to $3899. I wrote to them and asked for a refund, and was told to get fucked pretty much. Obviously they'd just bought their volcanic island and were in the process of fitting it out and my $500 was crucial to that. I was absolutely spewing: it was the first brand new bike I had ever bought, and they fucked me.

I really like Honda motorbikes, but the NZ distro? not so much.

of course a mint GB400TT right now is worth at least $4399.....

All NZ distributors do it though, just to varying degrees. For example, only a complete spastic would fork out for a new GSXR1000 the day the model's released because you KNOW that in less than six months, they'll be 5K cheaper and dealers will be squirming to get rid of them. Yamaha don't do it to quite the same degree, but still chop deals here and there. Usually free accessories, a bit of a discount and a ripper finance deal though. If Honda have that many new 09 bikes lying around, I'm not surprised they're keen to quit em.

White trash
5th September 2011, 14:45
Well, you'd know the ins and outs, but yeah, they need to flick off the trades quickly, to get the dollars back, etc etc...

The dealers certainly aren't creaming everything, that's for sure.

Fuck no mate, it's tough right now. But I think there's light at the end of the tunnel.

HenryDorsetCase
5th September 2011, 15:20
All NZ distributors do it though, just to varying degrees. For example, only a complete spastic would fork out for a new GSXR1000 the day the model's released because you KNOW that in less than six months, they'll be 5K cheaper and dealers will be squirming to get rid of them. Yamaha don't do it to quite the same degree, but still chop deals here and there. Usually free accessories, a bit of a discount and a ripper finance deal though. If Honda have that many new 09 bikes lying around, I'm not surprised they're keen to quit em.

Sure, I agree (and I've taken part in it myself (SV650)) but Blue Wing Honda did it to ME. On the very first new bike I ever bought. When I was young and impressionable. The next new bike I bought off them was a Hornet 900 three or so years ago. so a 20 odd year gap of not dealing with Honda. Let that be a lesson to em. I owned plenty of Hondas but never a new one. I got that email and the follow up call too. Sent the email to a couple of mates saying "buy this blade for $16k its a bargain"....

baffa
5th September 2011, 16:04
God, if I had the money I'd be buying a CBR600 or even thou. Damn savings for stupid holiday =/

KoroJ
5th September 2011, 17:50
It would seem that the dealers certainly aren't making much out of this and the stupid thing is, the ST's are almost as scarce as hen's teeth....and that's for the ugly black ones!!

....There's still a slim chance that one might be acquired but!!

Blair-SV
6th September 2011, 22:06
The Repsol CBR (2011, ABS) was sold within 15 minutes. I got the email at 4:35pm on Thursday from Botany Honda, in the time it took me to ride around the corner as I needed oil and filter anyway it was gone.

18K for a brand new, 2011 race rep, some one got a steal.

BMWST?
6th September 2011, 22:08
And the funny thing is, they still making money. Rethink about to buy overseas.

how do you figure that?Its the NZ Honda agent who has dropped the prices not the dealers

Brett
6th September 2011, 22:53
Hmmm $16k for a CBR1000rr in black. Tempting. However, I still think I would go for the R1...it seems to have a hold on me at the moment. It's the sound of that engine...

AllanB
6th September 2011, 23:02
Got the e-mail last week. I briefly considered a blade as it would make the ultimate naked bike once I'd stripped the plastic crap off it. But then I figured I'd be too pussy to use that engine to it's potential, so I went back to my beer.

Still - fantastic prices in a crappy market. No doubt it will push Honda's sales to the top of the month:yes:

Kawasaki are advertising reduced prices on selected models too. But they are going through a suspect styling period .......

chrispy121
6th September 2011, 23:04
yeah the repsols went quick about 10 mins after the email came out

ynot slow
6th September 2011, 23:29
I think you'll find they're unwilling to do trades because the dealer then has to fork out for what the trade's worth, and cashflow is a major drama for most small dealers at this time of year.

Spoke to honda dealer today,he sold a 2nd hand bike on Tuesday,Thursday get the flier from Honda,rang his customer and offered to stop the sale if the client wanted a new bike,which the customer took,end result dealer made less than $800.

White trash
7th September 2011, 06:53
Hmmm $16k for a CBR1000rr in black. Tempting. However, I still think I would go for the R1...it seems to have a hold on me at the moment. It's the sound of that engine...

Wanna trade the GSXR on one mate? I've got an ex demo done 1100 kays in white or a brand spanker in black.

White trash
7th September 2011, 06:55
Spoke to honda dealer today,he sold a 2nd hand bike on Tuesday,Thursday get the flier from Honda,rang his customer and offered to stop the sale if the client wanted a new bike,which the customer took,end result dealer made less than $800.

Yup. That's a smart dealer right there. Customer is now thankful as fuck, will most likely not shop anywhere else for a while and the dealer has him as a regular service customer for the next 2 years while the bike's under warranty.

ynot slow
7th September 2011, 07:35
Yup. That's a smart dealer right there. Customer is now thankful as fuck, will most likely not shop anywhere else for a while and the dealer has him as a regular service customer for the next 2 years while the bike's under warranty.

Exactly what I said to him,but the dealer was also highly pissed off,they still had stock of trades which meant heavy unsubsidised discounting to move.

White trash
7th September 2011, 07:53
Exactly what I said to him,but the dealer was also highly pissed off,they still had stock of trades which meant heavy unsubsidised discounting to move.

Ahhh it'll all come out in the wash, there's not a dealer in NZ who wont have been burnt with their used stock holdings by this promo, but shit happens.

The worst bit, for Honda dealers, is they're more likely to be holding used Honda stock so it'll hurt more. Catch 22 really.

imdying
7th September 2011, 10:00
Yeah, poor bloody dealers. The only thing Blue Wing Honda gives a fuck about more than raping Honda customers, is shitting on their dealers.

shrub
7th September 2011, 13:29
Slashing prices is a really, really bad idea and every marketing textbook says so. It kills the brand value by wiping out resale, it upsets customers, it pisses off dealers and generally costs money. It even hinders sales because people think "hmmm, I'll wait till the low K second hand bikes come up" or "I wonder what their competitors will do to respond".

If they needed to kick the sales up they would have been better to offer value-added stuff like the first 20,000ks or 2 years at no cost other than fuel tyres and/or the first 24 months rego paid and put together a finance package that fits around that.

imdying
7th September 2011, 13:31
If they needed to kick the sales up they would have been better to offer value-added stuff like the first 20,000ks or 2 years at no cost other than fuel tyres and/or the first 24 months rego paid and put together a finance package that fits around that.Shit, even offering a full years rego would be a start. Although to be fair on Blue Wing, that's a nasty dealer trick.

Scuba_Steve
7th September 2011, 13:40
Slashing prices is a really, really bad idea and every marketing textbook says so. It kills the brand value by wiping out resale, it upsets customers, it pisses off dealers and generally costs money. It even hinders sales because people think "hmmm, I'll wait till the low K second hand bikes come up" or "I wonder what their competitors will do to respond".

If they needed to kick the sales up they would have been better to offer value-added stuff like the first 20,000ks or 2 years at no cost other than fuel tyres and/or the first 24 months rego paid and put together a finance package that fits around that.

I don't know how "it upsets customers" I was quite pleased to get my $1800 discount on Suzuki summerfest when I got my 1st bike, wasn't upset at all.

As for slashing prices being a bad idea??? you may want to let the rest know, almost every company does it from food to automobiles

Usarka
7th September 2011, 13:41
Two years free rego would almost be a 10% discount on the 600rr.

shrub
7th September 2011, 13:41
Shit, even offering a full years rego would be a start. Although to be fair on Blue Wing, that's a nasty dealer trick.

Putting on my marketer's hat, what is the biggest thing motorcyclists have been talking about and what has pissed them off? I'd have a picture of Nick Smith with the caption "Nick hasn't been listening to you - but we have" Under that I'd have "Bike rego costs are hitting us all hard, we reckon that's not fair, so we're doing something about it. We're going to shout 24 months registration on every new Honda bought between now and the election/end of the year. And because we're good bastards and want to see you out riding more, we'll even shout you your first 2 years services so you can spend the money on gas".

shrub
7th September 2011, 13:49
I don't know how "it upsets customers" I was quite pleased to get my $1800 discount on Suzuki summerfest when I got my 1st bike, wasn't upset at all.

As for slashing prices being a bad idea??? you may want to let the rest know, almost every company does it from food to automobiles

You were happy, but what about the guys who bought a bike before you? A few years ago I knew a guy who bought a Gixxer600, then a few weeks later the price plummeted. He discovered that because of an old back injury he couldn't ride his Gixxer, so went back to get a trade on something more suitable only to be offered just over half what he had paid. He accepted that he would lose a few grand, but the amount he lost turned him off Suzuki forever and he ended up buying a Street Triple. He still lost the same amount, but at least Suzuki didn't get another cent off him.

But having said that, learner bikes are a good area to do that in because it encourages people to get into the sport.

Slashing prices is a slippery slope, and just because everyone does it, doesn't make it a good idea. On premium products (like bikes) price cuts take reduce the brand equity and it takes a long time to regain it. If there has been a significant drop in importer cost that is likely to stay, then it can be done judiciously, but otherwise you end up like briscoes where nobody buys anything from them unless they're having a sale, which they have to do all the time. In 3 months time when Honda want to bring their prices back up, what will the market do? Take it on the chin or wait for the next price drop?

Scuba_Steve
7th September 2011, 13:57
You were happy, but what about the guys who bought a bike before you? But having said that, learner bikes are a good area to do that in because it encourages people to get into the sport.

Slashing prices is a slippery slope, and just because everyone does it, doesn't make it a good idea. On premium products (like bikes) price cuts take reduce the brand equity and it takes a long time to regain it. If there has been a significant drop in importer cost that is likely to stay, then it can be done judiciously, but otherwise you end up like briscoes where nobody buys anything from them unless they're having a sale, which they have to do all the time. In 3 months time when Honda want to bring their prices back up, what will the market do? Take it on the chin or wait for the next price drop?

I would say as long as you keep it to clearing out last years models there isn't too much of an issue.
You'll always have people that pay to have the latest & greatest & each new model should have an improvement on the old plus it's 1st come 1st serve of whats left & quite often when you go in for the old model you can find yourself leaving with the new (not always the case but does happen).

Gremlin
7th September 2011, 14:02
In 3 months time when Honda want to bring their prices back up, what will the market do? Take it on the chin or wait for the next price drop?
You guys are misunderstanding. It is not a price drop, it's stock clearance.

They are clearing old stock, no new stock would land and be sold at this price. As it is, some people who want a model on the clearance price are finding it very hard to actually get one, as there are so few available. Once the bikes are gone, normal pricing continues.

HenryDorsetCase
7th September 2011, 14:05
Spoke to honda dealer today,he sold a 2nd hand bike on Tuesday,Thursday get the flier from Honda,rang his customer and offered to stop the sale if the client wanted a new bike,which the customer took,end result dealer made less than $800.

hopefully they can survive till that customer for life wants a new bike. great effort though by the dealer.

HenryDorsetCase
7th September 2011, 14:09
Putting on my marketer's hat, what is the biggest thing motorcyclists have been talking about and what has pissed them off? I'd have a picture of Nick Smith with the caption "Nick hasn't been listening to you - but we have" Under that I'd have "Bike rego costs are hitting us all hard, we reckon that's not fair, so we're doing something about it. We're going to shout 24 months registration on every new Honda bought between now and the election/end of the year. And because we're good bastards and want to see you out riding more, we'll even shout you your first 2 years services so you can spend the money on gas".

THIS. great idea. cost to dealer is $1050 plus the services (say $600 at retail, less to them) but value to the customer is very good.

can you buy two years rego at once? Though presumably they'd do that at servicing time: run it thru the WOF and rego at the same time.

george formby
7th September 2011, 14:09
The Repsol CBR (2011, ABS) was sold within 15 minutes. I got the email at 4:35pm on Thursday from Botany Honda, in the time it took me to ride around the corner as I needed oil and filter anyway it was gone.

18K for a brand new, 2011 race rep, some one got a steal.

So it was sold before I could wipe my drool off the ad? Nah, not really but the prices floored me considering a mate just paid ten grand for an 05 ST1300.

HenryDorsetCase
7th September 2011, 14:12
I don't know how "it upsets customers" I was quite pleased to get my $1800 discount on Suzuki summerfest when I got my 1st bike, wasn't upset at all.

As for slashing prices being a bad idea??? you may want to let the rest know, almost every company does it from food to automobiles

read my post above about my experience with my GB400TT in 1988: it was 20 years before I bought another new Honda. and the cocks burned me for "only" $500. But fuck them and the horse they rode in on.

Scuba_Steve
7th September 2011, 14:28
read my post above about my experience with my GB400TT in 1988: it was 20 years before I bought another new Honda. and the cocks burned me for "only" $500. But fuck them and the horse they rode in on.

Then I guess it just depends on which side of the line you are as a customer for me saving $1800 was awesome for you not saving $500 was shit

Renegade
7th September 2011, 21:13
man if i had the cash any of those new old models would do, that ST1300 or the cbr600, dam even that wing would have a place next to my other wing :facepalm:

Matt
8th September 2011, 11:15
Supposedly they only had 4 ST1300's that went straight away (which is a shame as would have had one at that price) - lots of VFR1200's left tho...hmmmm

Vinz0r
8th September 2011, 12:58
read my post above about my experience with my GB400TT in 1988: it was 20 years before I bought another new Honda. and the cocks burned me for "only" $500. But fuck them and the horse they rode in on.


Not trying to start an argument here, but I'm really struggling to see why you are so upset. You bought a bike at a price that you were happy to pay at a specific point in time.
Did you have an issue with the price of the bike at the time, and would you have been unhappy about purchasing the bike if the price hadn't been changed? If the answer to those is no, then I think it is a bit ridiculous to complain when a dealer changes a price on a product (which they are entirely within their rights to do) two months after you have purchased it. How, and where, are you losing out on anything?

raziel1983
8th September 2011, 17:55
Grabbed a white 09 cbr1000 on a bit of an impulse buy! Had previously taken an 08 for a test ride and loved it..

Robert Taylor
8th September 2011, 18:00
And the funny thing is, they still making money. Rethink about to buy overseas.

Show me the exact figures to prove your assumption?

bikaholic
14th September 2011, 21:31
Show me the exact figures to prove your assumption?A Company with 'proper costings' and budgets has SLOBS built into the cost of every unit or group of units per measure.
When SLOBS become equal with assessed profit or working capital, the company is about fucked, or yeah except for dickhead companies who continually borrow out their shortend future.

misterO
17th September 2011, 19:31
This sale is not just Big- it's the BIGGEST I have ever seen. This economy must truly be in dour shape. Honda is larger than all the other Japanese manufacturers combined, and if they need to resort to insane discounts like this then they must be feeling the squeeze, too. I can guarantee that Honda is not happy about it, their dealerships certainly aren't, and most of all- anyone who recently bought a Honda or badly needs to sell one. No point in pointing fingers. If you have some spare ca$h to splash and want one of these bikes, then consider yourself very Lucky and get it while you can!

paturoa
17th September 2011, 20:12
Isn't it illegal for manufacturers to tell retailers what price they should sell shit for?

Gremlin
18th September 2011, 01:54
Isn't it illegal for manufacturers to tell retailers what price they should sell shit for?
Name a dealer willing to take the factory on huh?

Year or two later... oh, sorry sir, we no longer require your services as a dealer.

paturoa
18th September 2011, 08:25
So it is illegal then? Come to think about it car stealerships also do the same sort of thing.

And I spose it isn;t the manufacturer, it would be the importer in this case?

Robert Taylor
18th September 2011, 11:17
So it is illegal then? Come to think about it car stealerships also do the same sort of thing.

And I spose it isn;t the manufacturer, it would be the importer in this case?

I dont think you can compare car dealerships with motorcycle dealerships. Generally one of those is a whole load more profitable.

pritch
18th September 2011, 14:26
The Repsol CBR (2011, ABS) was sold within 15 minutes. 18K for a brand new, 2011 race rep, some one got a steal.

That's one dealer only. There are approx 200 bikes up for grabs nationally and some dealers will still have the Repsol 'Blade. Energy Honda, did the other day when I spoke to Craig

He reported lots of interest but nobody taking the plunge. Yet.

chrispy121
18th September 2011, 22:47
these are very good deals

nonferrous
19th September 2011, 21:13
Honda are just clearing old stock to free up some cash plus a strong NZD means that new bike prices will remain at this level or lower - wait for the other importers / distributors to dump stock - they are all in the same position - tough on the dealers stuck with the inventory

Psychrn
20th September 2011, 01:26
Related
I been trying to sell my Honda Shadow 750 for nearly the last year.
Bought for just on 10 k 2009. (2007 Model)
Now selling it for $7500 ONO for the last 9 months.
No interest whatsoever.
Interesting

blackdog
20th September 2011, 03:14
Related
I been trying to sell my Honda Shadow 750 for nearly the last year.
Bought for just on 10 k 2009. (2007 Model)
Now selling it for $7500 ONO for the last 9 months.
No interest whatsoever.
Interesting

It doesn't help that you are trying to sell the fastest depreciating bike in history. I bought an '07 travelled 50km in 2010 for $5,500.

At $7500, you'll get rid of AIDS quicker.

rogerdu
20th September 2011, 11:15
In US, the stateline price is 11799, but in NZ, the price is 25999. That is a large margin.

Gremlin
20th September 2011, 15:41
The best way of loosing the least money on a bike is to think of it as a long term buy rather than buying to update to a new model in a few years. I bought a brand new CB750 for $5000 in 1982. I ended up keeping it for 23 years due to finding the power all I needed and sold it for $1000 in 2005.
You're onto something there.

I bought a KTM 990 Supermoto in October 2008 for $24k. Traded in January 2011 for $8k.

Ok... so I miiiiight have put 63,000km on it in that time :buggerd::bye:

AllanB
20th September 2011, 20:17
I purchased a Kawasaki 750 twin new in 82 for $3999 and sold it 23 years later for $3900. It was mint.

Mind you my income changed a fair bit in 23 years!

Robert Taylor
20th September 2011, 20:23
In US, the stateline price is 11799, but in NZ, the price is 25999. That is a large margin.

And thats a big issue, there is automatically a simplistic assumption that there are huge margins. Have you not thought that US distributors get much better buy prices and that currency distorts everything? Try opening a motorcycle shop, if you have a large nest egg, you will more than likely turn it into a smaller one in short order, especially if you have motorcycle franchises.
In the US motorcycle dealers are falling over themselves to liquidate stock at firesale prices because their economy is even more of a basket case. In many cases they will be losing money, just to recognise a little cash flow. Dont be fooled into not thinking that Blue Wing may be in a similiar loss making situation.
In another sense I dont feel sorry for the Yanks as their economy and excesses have for too many years acted like a leach on the rest of the world.

rogerdu
21st September 2011, 02:30
Sorry, what I mean is the honda's price is a little bit high than other Japanese bikes. ie, kawasaki Vulcan 1700 voyagerl, in the US, the price is 18599, and in NZ its 31750.

So, if Honda sell the stateline 11799 in the US, I think if they sell $20k will be fair enough.

chrispy121
22nd September 2011, 20:36
Sorry, what I mean is the honda's price is a little bit high than other Japanese bikes. ie, kawasaki Vulcan 1700 voyagerl, in the US, the price is 18599, and in NZ its 31750.

So, if Honda sell the stateline 11799 in the US, I think if they sell $20k will be fair enough.

so now it is 15k did you buy one? really you should as you have just pointed out it is a bargin at this price

rogerdu
24th September 2011, 13:28
Yes, I bought one stateline.

CRF119
24th September 2011, 18:29
Its quite funny how people are bitching at Blue wing, Ive been told they are hard to deal with and when i brought my 08 CRF450 which i pre ordered in March from the local dealer they couldn't give accurate ETA even up to 2 days before it arrived.

They are in a wholesale position there is no point in sitting on stock that is over a year or 2 old if it hasn't sold at that price buy a year it probably never will so its a about cashing it up and putting that cash towards the 2012-2013 range.

If you brought a bike for 10k and 3 weeks later it goes on special for 8k then tough shit. The rule is don't read the specials page after you buy some thing because its only going to get cheaper. If the dealers gave cash back to everybody that brought a bike at a non special price they would all be broke by now. If you thought it was worth 10k at the time you purchased it then you can't complain. If you thought it was worth less then maybe you should have waited.

chrispy121
24th September 2011, 19:14
Yes, I bought one stateline.

see all is not lost
I bought a blade