Buying a brand new bike, how much discount?

[Mikkels]

I'm looking at a new Yamaha. Never bought brand new before. Paying cash and no trade. Can you knock a lot off the price by bargaining? Buying a new car you expect to get 5 - 10%. Want to know how it goes for a bike. Looking at xsr700 or even a 900.

[YellowDog]

I'm looking at a new Yamaha. Never bought brand new before. Paying cash and no trade. Can you knock a lot off the price by bargaining? Buying a new car you expect to get 5 - 10%. Want to know how it goes for a bike. Looking at xsr700 or even a 900.

Do it before spring and you've got a chance. They'd rather throw in $000 of accessopries than knock money off the top. Last years model is always cheaper :yes:

[Duncan74]

I bought the last V-Strom LAMS in NZ last December, and so got precisely $0 off. However, I did get 15% off accessories - which was a full set of GIVI paniers and rack, and Suzuki were throwing in a free tomtom Rider that I was wanting anyway.

However my first scoot, I got $750 off $7k sticker price as there was stock in two local dealers and so could haggle, and then got one to add 6 months rego too.

So a lot will depend on what the stock is like.\

With hindsight then next time I'd be looking to include the cost of the first service in the overall deal. Was a bit of a pain when I had another $300 bill for the 2k service 5 days later.... Sigh.

[nodrog]

Walk in and demand 20% off, you will get it easily.

[ellipsis]

Walk in and demand 20% off, you will get it easily.


...then I'd go for 40%...

[EJK]

A brand new model XSR700/900? Not a chance. I don't know exactly how it works but Yamaha NZ sets the price for the new models and dealers margin is very slim. Someone on KB who works in the industry could explain it better.

[Crasherfromwayback]

A brand new model XSR700/900? Not a chance. I don't know exactly how it works but Yamaha NZ sets the price for the new models and dealers margin is very slim. Someone on KB who works in the industry could explain it better.

Margins in new bikes are generally not what people think. But it's all about timing. I've sold bikes where we were losing money, simply as it was time to move it along.

[Maha]

You're probably better off getting stuff added for free rather than angling for a discount. I once bought a brand new bike (well more than once) but on this occasion they paid for/fitted a ventura pack rack/ filled the tank and paid for ORC. You may be surprised what you'll get if you ask.

[nzspokes]

Dont buy in Auckland, e-mail Bayride and say you are from Aucks. They cut good deals. I was very happy with them and their service.

Dealers up here think they deserve your money.

[AllanB]

The bike - probably sweet FA. Accessories and gear - ask what they will throw in, push the no trade-in thing as that is your best point as they don't have to put another used bike on the floor.

Yamaha probably offer a set of factory accessories for that bike - might be some stuff there you desire.

[jasonu]

Walk in and demand 20% off, you will get it easily.


...then I'd go for 40%...

Right on!!!
Those fucking dealers are a bunch of rip off cunts that are making a fortune on every sale.

[Moi]

Threads like this always remind me of: 'knows the cost of everything and the value of nothing'...

must start taking my anti-cynic pills again...

[Old Steve]

Threads like this always remind me of: 'knows the cost of everything and the value of nothing'...

must start taking my anti-cynic pills again...

Reminds me of a friend who used to say,

"There's a fair market price for oats.

You can get cheaper oats but they've been through the horse first"

[Moi]

If you were in business how would you feel if every customer who walked through your door or wanted your service asked "How much discount for cash?"

[Mike.Gayner]

If you were in business how would you feel if every customer who walked through your door or wanted your service asked "How much discount for cash?"

It depends on the product. It has been convention for a very long time that there is room for negotiation on vehicles. Less so than there used to be, but nonetheless they will usually do you some sort of deal. There's certainly no harm in shopping around and asking for the best deal - that's how competition works.

On the other hand, no one in their right mind would ask for a discount on their trolley of groceries.

[Moi]

It depends on the product. It has been convention for a very long time that there is room for negotiation on vehicles. Less so than there used to be, but nonetheless they will usually do you some sort of deal. There's certainly no harm in shopping around and asking for the best deal - that's how competition works.

On the other hand, no one in their right mind would ask for a discount on their trolley of groceries.

May well be the situation with vehicles. I think you have used the phrase that has the most effect: "best deal" rather than "what discount for cash?"

As for the groceries... might give it a try next week... :crazy:

[mossy1200]

Workmates looking at xsr700 also but I would say 13k road legal but get a list of gear you want from the shop current stock and try get it at a big discount rate would be easier than trying to get discount on the bike itself.

[Madness]

If you were in business how would you feel if every customer who walked through your door or wanted your service asked "How much discount for cash?"

I've been tempted once or twice to reply with "so you're saying you're actually going to pay me - with money? Well, that's a whole different story..." followed with the price they've already been given.

[Mikkels]

Thanks for the comments. Looks like I'll be lucky. No trade is the lure as trades have cost and risk. Money has no cost or risk. Must be worth something. Still got to select the right bike before the dealing begins. I get what people are saying about timing and probably applies to the popularity of the ride you are buying as well. When the right bike is found I'll give it a go.

[nzspokes]

If you were in business how would you feel if every customer who walked through your door or wanted your service asked "How much discount for cash?"

Guess you have never worked in retail then.

[jellywrestler]

I'm looking at a new Yamaha. Never bought brand new before. Paying cash and no trade. Can you knock a lot off the price by bargaining? Buying a new car you expect to get 5 - 10%. Want to know how it goes for a bike. Looking at xsr700 or even a 900.

the lure you have here is no trade, if they finance a bike they get a commision from the finace company, if they take cash they lose this and if it's folding they have to pay to bank large sums.

[Moi]

Guess you have never worked in retail then.

Not since last millennium... however, when they say "cash" do they really mean banknotes?

Last large whiteware appliance bought came with three prices:
1. ticket price for credit card...
2. reduced price for eftpos with delivery...
3. reduced even further for eftpos if you took it then and there...

[mossy1200]

Not since last millennium... however, when they say "cash" do they really mean banknotes?

Last large whiteware appliance bought came with three prices:
1. ticket price for credit card...
2. reduced price for eftpos with delivery...
3. reduced even further for eftpos if you took it then and there...

At one stage they had trouble with cash price/ticket price being two different things so they created prompt payment discount.
Had something to do with people asking for the best cash price then being able to insist they would have that price in a hire purchase deal.

[Maha]

Not since last millennium... however, when they say "cash" do they really mean banknotes?

Last large whiteware appliance bought came with three prices:
1. ticket price for credit card...
2. reduced price for eftpos with delivery...
3. reduced even further for eftpos if you took it then and there...

We withdrew $20K from a Bank one morning and went shopping, 10 of that was handed over for a Hi-Ace van. I can't recall what the ticket price was but when the cash was fanned, the Dealers eyes widened. eftpos is cash but it goes into the business account not the back pocket. We didn't buy it there and then, we told him we would keep looking but he said ''you'll be back'' and we were.

[1billyboy]

On the other hand, no one in their right mind would ask for a discount on their trolley of groceries.

I did today got 5% of. :woohoo:

[nzspokes]

I did today got 5% of. :woohoo:

The gold card doesnt count......

[nzspokes]

Not since last millennium... however, when they say "cash" do they really mean banknotes?

Last large whiteware appliance bought came with three prices:
1. ticket price for credit card...
2. reduced price for eftpos with delivery...
3. reduced even further for eftpos if you took it then and there...

Retailers dont want cash. Eftpos is the go. Cash means you risk staff back pocketing it, and it costs to give to the bank. C-Card means they lose a percent or two.

[nzspokes]

At one stage they had trouble with cash price/ticket price being two different things so they created prompt payment discount.
Had something to do with people asking for the best cash price then being able to insist they would have that price in a hire purchase deal.

Yeah thats a trap. ComCom closed that door ages ago.

[Ulsterkiwi]

Retailers dont want cash. Eftpos is the go. Cash means you risk staff back pocketing it, and it costs to give to the bank. C-Card means they lose a percent or two.

not always, in fact the number of retailers who say they are passing on bank charges is going up in my (limited) experience. Over $X on a credit card and they whack 2-3% on.

[Ulsterkiwi]

The bike - probably sweet FA. Accessories and gear - ask what they will throw in, push the no trade-in thing as that is your best point as they don't have to put another used bike on the floor.

Yamaha probably offer a set of factory accessories for that bike - might be some stuff there you desire.

this.

I recently bought new. The ticket price was never even discussed. What I got for that price was. It suited me, I got stuff I would have been looking for anyway and was saved a lot of hassle with free fitting. In fairness to the dealer what they ended up doing would have cost me quite a few hours of labour.

[Mikkels]

By cash I mean eftpos not folding but sure I could do folding if it was worth it. Certainly I would be interested in accessories as a proxy for a discount. I will want a pipe.

Anyhou opinions seem to be divided. Thanks for the comments.

[AllanB]

A lot will depend on the dealer. Hows the last two months been for them - if so they may be keen to cut a deal to move some floor stock.


BUT - it's almost spring, bike buying weather is only around the corner, they know this, they may hold out.


I have always found a good honest approach as a seller works well - if you find what you want just ask the best deal they can put together for you. Put it back on them to sweeten it given you don't have a trade for them to bother with.

Presume you are paying retail for the bike YOU want, anything else is the sweetener.

And don;t be a wanker about it - remember you'll be back in for a service in the first 1000 kms and during the warranty period after. Play nice and if it's a good dealer they will down the track with tyres, chains and other consumables.

[Mikkels]

A lot will depend on the dealer. Hows the last two months been for them - if so they may be keen to cut a deal to move some floor stock.


BUT - it's almost spring, bike buying weather is only around the corner, they know this, they may hold out.


I have always found a good honest approach as a seller works well - if you find what you want just ask the best deal they can put together for you. Put it back on them to sweeten it given you don't have a trade for them to bother with.

Presume you are paying retail for the bike YOU want, anything else is the sweetener.

And don;t be a wanker about it - remember you'll be back in for a service in the first 1000 kms and during the warranty period after. Play nice and if it's a good dealer they will down the track with tyres, chains and other consumables.. A good lot of advice that. Timing I agree is important. May go down country to buy. Those guys deserve some support. I'm not too worried about servicing and assume service plans are national like a car? If you buy a new Mazda you can get it serviced at any dealer no worries.

[mossy1200]

And don;t be a wanker about it - remember you'll be back in for a service in the first 1000 kms and during the warranty period after. Play nice and if it's a good dealer they will down the track with tyres, chains and other consumables.

+1
I did very small amount of trade in value haggle without getting pushy about it and got some boots at about 30-40% off.

First service my bill was handed to me by the boss who turned $360 into $200 when the oil alone my bike specs is well over 100.
Every time I visit my bike shop I get a great deal and friendly greeting.

[danchop]

. A good lot of advice that. Timing I agree is important. May go down country to buy. Those guys deserve some support. I'm not too worried about servicing and assume service plans are national like a car? If you buy a new Mazda you can get it serviced at any dealer no worries.
no worries is right,yes you can do that with no worries at all apart from your local dealer you are taking it to thinking that you are a CUNT.
its an uncomfortable feeling being in a place where people think youre a cunt but a lot of motorcycle guys don't seem to mind,it sorta just passes over them...
I sure hope you don't use your local dealer for viewing the bike,testriding one if its available and gathering info because some of them may up the stage from thinking to actually calling you a cunt.

of course an out of town dealer can give you a better price discount for cash than your local dealer(basing this on both dealers getting the same bike for the same wholesale price)because they don't have to put up with youre fucking bike coming back for any warranty work/upgrades etc which your local dealer usually loses out money wise on.
motorcycles v cars differ mainly on the fact of numbers sold in motorcycles being far less,but the overheads are usually the same.
theres no strict dealer margin blanket wide on everything in their shop for sale,sometimes the importer gives a better margin for a particular model,rebate or whatever,but averagely a 10 grand bike may have $1250 give or take GROSS margin then comes the overheads.im not going to blab the obvious ones but heres a couple you may overlook...
.a new bike doesn't come ready to ride from the importer,its in a crate,so who the fuck pays to get it road ready through wages/materials etc.....
most dealers borrow money to have nice new bikes on the showroom through specialist finance companies,so the longer the bike sits unsold the less the margin....
BMW had a good dealer system(don't know if it still in practice)that dealt with cunts,if a cunt brought his bike elsewhere from where he lived...the out of town selling dealer lost a percentage of the new bike margin to the local dealer who had to put up with the future happiness and wellbeing of the cunt and his bike..

[jellywrestler]

By cash I mean eftpos not folding .

so what other things are you saying that mean something else?

[mossy1200]

so what other things are you saying that mean something else?

I have a lot of little words I say to wife that mean something else.

[avimistry]

I'm looking at a new Yamaha. Never bought brand new before. Paying cash and no trade. Can you knock a lot off the price by bargaining? Buying a new car you expect to get 5 - 10%. Want to know how it goes for a bike. Looking at xsr700 or even a 900.

Those are awesome bikes! That being said, brand new bikes generally don't carry huge profit margins for dealers, especially if they are new/late models. Unless you buy on promotion, I highly doubt you gonna get anything. And I highly doubt those models will go on promotion any time soon. What they might do is give you a discount on gear/accessories/service. I know Red Baron gives 10% on that stuff, if you purchase a bike from 'em.